<SEC-DOCUMENT>0001493152-19-005593.txt : 20190418
<SEC-HEADER>0001493152-19-005593.hdr.sgml : 20190418
<ACCEPTANCE-DATETIME>20190418080106
ACCESSION NUMBER:		0001493152-19-005593
CONFORMED SUBMISSION TYPE:	DEF 14A
PUBLIC DOCUMENT COUNT:		8
CONFORMED PERIOD OF REPORT:	20190418
FILED AS OF DATE:		20190418
DATE AS OF CHANGE:		20190418
EFFECTIVENESS DATE:		20190418

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RAND CAPITAL CORP
		CENTRAL INDEX KEY:			0000081955
		IRS NUMBER:				160961359
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEF 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	814-00235
		FILM NUMBER:		19754577

	BUSINESS ADDRESS:	
		STREET 1:		2200 RAND BUILDING
		CITY:			BUFFALO
		STATE:			NY
		ZIP:			14203
		BUSINESS PHONE:		7168530802

	MAIL ADDRESS:	
		STREET 1:		2200 RAND BUILDING
		CITY:			BUFFALO
		STATE:			NY
		ZIP:			14203
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEF 14A
<SEQUENCE>1
<FILENAME>def14a.htm
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="font-family: Times New Roman, Times, Serif"><DIV STYLE="font: 1pt Times New Roman, Times, Serif; border-top: Black 4pt solid; border-bottom: Black 1.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif"></P>

<P STYLE="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif"></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt">UNITED
STATES</FONT><BR>
<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt">SECURITIES AND EXCHANGE COMMISSION</FONT><BR>
<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">Washington, DC 20549</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt">SCHEDULE
14A</FONT><BR>
<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(RULE 14a-101)</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Proxy
Statement Pursuant to Section 14(a) of the<BR>
Securities Exchange Act of 1934</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 1.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Filed
    by the Registrant</FONT></TD>
    <TD STYLE="width: 0.25in; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[X]</FONT></TD>
    <TD STYLE="width: 3in; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Filed
    by a Party other than the Registrant</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Check
the appropriate box:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Preliminary
    Proxy Statement</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Confidential,
    for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[X]</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Definitive
    Proxy Statement</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Definitive
    Additional Materials</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Soliciting
    Material Pursuant to &sect;240.14a-12</FONT></TD></TR>
</TABLE>
<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt">RAND
CAPITAL CORPORATION</FONT><BR>
<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Name of Registrant as Specified In Its Charter)</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A<BR>
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Payment
of Filing Fee (Check the appropriate box):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[X]</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No
    fee required.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fee
    computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: normal 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title
        of each class of securities to which transaction applies:</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Aggregate
        number of securities to which transaction applies:</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Per
                                         unit price or other underlying value of transaction computed pursuant to Exchange Act
                                         Rule 0-11 (set forth <U>the amount on which the filing fee is calculated and state how
                                         it was determined):</U></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(4)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Proposed
        maximum aggregate value of transaction:</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(5)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total
        fee paid:</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fee
        paid previously with preliminary materials.</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Check
        box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the
        offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule
        and the date of its filing.</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amount
        previously paid:</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form,
        Schedule or Registration Statement No.:</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Filing
        party:</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(4)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date
        Filed:</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-bottom: 0pt; font-family: Times New Roman, Times, Serif"><DIV STYLE="font: 1pt Times New Roman, Times, Serif; border-top: Black 1.5pt solid; border-bottom: Black 4pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: #FF4338"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-family: Times New Roman, Times, Serif">
<TR STYLE="font-family: Times New Roman, Times, Serif">
    <TD STYLE="width: 30%; padding-top: 12pt; font: 8.5pt Times New Roman, Times, Serif"><IMG SRC="sc14a-001.jpg" ALT=""></TD>
    <TD STYLE="width: 40%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Times New Roman, Times, Serif">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>Rand
        Capital Corporation</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>2200 Rand Building</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Buffalo, New York 14203</B></P></TD>
    <TD STYLE="width: 30%; font: 8.5pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Dear
Fellow Shareholders:</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">You
are cordially invited to attend the special meeting of the shareholders of Rand Capital Corporation (the &ldquo;<U>Company</U>&rdquo;)
to be held on May 16, 2019, at 1:00 p.m., local time, at The Buffalo Club, the Millard Fillmore Room, 388
Delaware Avenue, Buffalo, New York, 14202 (Business Attire Required). Only shareholders of record at the close of business on
April 12, 2019 are entitled to notice of, and to vote at, the special meeting, or any adjournment or postponement thereof.
You will find the details of the business to be conducted at the special meeting in the accompanying Notice of Special Meeting
of Shareholders (&ldquo;<U>Notice</U>&rdquo;) and proxy statement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Background</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Historically,
the Company has focused on a strategy that involved seeking to achieve long-term capital appreciation on the Company&rsquo;s
equity investments, while maintaining a current cash flow from the Company&rsquo;s debt investments and pass-through equity instruments
to fund expenses. Under this strategy, the Company has not declared dividends to shareholders, but instead has sought to return
value to shareholders through public share price appreciation on the Company&rsquo;s common stock, par value $0.10 per share (the
&ldquo;<U>Common Stock</U>&rdquo;) based upon realizing gains in the Company&rsquo;s equity investment portfolio. Over the last
many years, it became apparent to the Company&rsquo;s board of directors (the &ldquo;<U>Board</U>&rdquo;) that its strategy has
become disfavored among investors, which the Company believes has resulted in an increasingly larger spread between the public
share price for the  Common Stock  and the Company&rsquo;s
net asset value per share.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Consequently,
in 2015, the Board established a strategic committee of the Board (the &ldquo;Strategic Committee&rdquo;) to consider potential
strategic alternatives to increase the public share price of the Common Stock and to enhance shareholder value. As part of this
process, the Board considered and evaluated various potential strategic options. From this evaluation, the Board determined to
pursue the strategy of seeking to accelerate growth, and the Company&rsquo;s management reported on the Board&rsquo;s evaluation
process and determination during a presentation made at the Company&rsquo;s 2016 annual meeting of shareholders. In addition,
since the Company&rsquo;s 2016 annual meeting of shareholders, the Company&rsquo;s management has consistently stated during earnings
calls and in other public communications to investors that the Company was continuing to evaluate potential alternatives and was
willing to consider pursuing potential transactions as they may arise.</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
January 25, 2019, the Company announced that it had entered into a stock purchase agreement (the &ldquo;<U>Stock Purchase Agreement</U>&rdquo;)
with East Asset Management, LLC (&ldquo;<U>East</U>&rdquo;). Under the Stock Purchase Agreement, East will purchase approximately
8.3 million shares of  Common Stock, at a price of $3.00 per share, for total consideration payable to the Company of $25.0
million (the &ldquo;<U>Stock Purchase Transaction</U>&rdquo;). The consideration will consist of a combination of cash and the
contribution of income-producing portfolio assets. As a result of the stock purchase, East will hold approximately 57% of the
outstanding shares of the Company. The sale price per share of Common Stock in the Stock Purchase Transaction represents a 33%
premium over the closing price of the Common Stock on January 24, 2019, the day prior to the announcement of the Stock Purchase
Transaction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
connection with the closing of the Stock Purchase Transaction, which is described in greater detail in the Notice and the accompanying
proxy statement, the Company and East will enter into a shareholder agreement. This shareholder agreement provides East with the
right to designate two or three persons for nomination for election to the Board. The number of persons that East will be eligible
to designate for nomination at any given time will depend upon the size of the Board. East will have the right to designate
(i) up to two persons if the size of the Board is composed of fewer than seven directors or (ii) up to three persons if the size
of the Board is composed of seven or more directors. Upon closing, it is expected that the Board will consist of five members,
of which East will have the right to designate two persons for nomination for election to the Board.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition, a new entity, Rand Capital Management LLC (the &ldquo;<U>Adviser</U>&rdquo;), has been established as an external management
company and will be retained by the Company to be its external investment adviser. The Adviser will initially be owned by East
and Brian Collins. The Company&rsquo;s operations and the operations of the Adviser will remain in Buffalo, New York.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Following
the closing of the transactions,</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> Allen F. &ldquo;Pete&rdquo;
Grum will become an employee of the Adviser in the role of President and Chief Executive Officer. He will also remain
the President and Chief Executive Officer of the Company. Daniel P. Penberthy will be hired as an employee by the Adviser in
the role of Executive Vice President and Chief Financial Officer and also remain the Executive Vice President and Chief
Financial Officer of the Company. Messrs. Grum and Penberthy will also be members of the Adviser&rsquo;s investment committee,
along with representatives of East and the Adviser.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Future
Plans and Expected Benefits to Shareholders</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">After
the closing of the transactions, the Company intends to declare and pay a special dividend to shareholders in an amount equal
to the Company&rsquo;s &ldquo;accumulated earnings and profits&rdquo; for tax purposes since the Company&rsquo;s inception (the
&ldquo;<U>Special Dividend</U>&rdquo;). As of December 31, 2018, the estimated aggregate amount of the Special Dividend
is approximately $22.0 million, or approximately $1.50 per share, based upon 14,655,321 shares of
Common Stock expected to be outstanding after completion of the Stock Purchase Transaction. Shareholders will have
the option to elect to receive the Special Dividend in cash or Common Stock, subject to a 20% cap on the cash portion of
the Special Dividend. East is expected to elect to receive its portion of the Special Dividend in shares of Common Stock.
In addition, each member of the Board and Mr. Penberthy also intend to elect to receive their respective portion of the Special
Dividend in shares of Common Stock. Assuming that each of the foregoing elects to receive their respective portion of the Special
Dividend in shares of Common Stock, this has the effect of making more of the cash portion of the Special Dividend available for
distribution to the Company&rsquo;s other shareholders. If too many shareholders elect to receive their distribution in cash,
the amount of cash available for distribution will be allocated pro rata among the shareholders electing to receive the distribution
in cash and the remaining portion of their distribution will be paid in shares of Common Stock.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">After
payment of the intended Special Dividend and contingent upon meeting certain tax-related conditions, the Company and its subsidiary,
Rand Capital SBIC, Inc., each expect to elect to be taxed for U.S. tax purposes as a regulated investment company (&ldquo;<U>RIC</U>&rdquo;),
and, in connection therewith, the Company expects to adopt a new dividend policy that includes regular cash dividends to shareholders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">You
should understand that</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">, despite it being our current
intention to declare and pay the Special Dividend to shareholders after the completion of the transactions, because any such
dividend payment will require action of the Board in the future based on relevant factors and considerations affecting the Company
at that time, we cannot assure you that the Special Dividend, or any other dividend or distribution, will be paid to shareholders
after the completion of the transactions or at all, or that the Company will ever adopt a new dividend policy that includes regular
cash dividends to shareholders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
believe the transactions are important in the transformation of the Company to drive future growth and to increase shareholder
value. We believe that with the expanded investment opportunities expected to be made available to the Company through
the business networks of the Adviser and the members of its investment committee, the Company will be able to broaden its
pipeline of potential investment opportunities in order to build its portfolio and grow its net investment income. The Adviser,
in its capacity as the investment adviser to the Company after the closing of the transactions, expects over time to transition
the Company&rsquo;s portfolio to include more interest-yielding debt securities. The Company anticipates that having the Adviser
serve as investment adviser and administrator to the Company, under the Investment Management Agreement (as defined below) and
the Administration Agreement, respectively, will reduce the Company&rsquo;s expense-to-asset ratio.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
proposed transactions, which are subject to certain shareholder and regulatory approvals and consents, are expected to close during
the third quarter of 2019.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Shareholder
Proposals</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
are holding a special meeting to ask our shareholders to approve several proposals that are required in order to complete the
transactions. At the special meeting, we are asking you to approve the following items, which are more fully described in the
Notice and in the accompanying proxy statement, both of which we encourage you to read in full.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
    ask that you approve the sale of 8,333,333.33 shares of Common Stock to East, at a price of $3.00 per share, which sale price
    per share of Common Stock is below the Company&rsquo;s current net asset value per share of Common Stock pursuant to the Stock
    Purchase Agreement for cash and income-producing portfolio assets having an aggregate value of $25.0 million. We refer to
    this proposal as the &ldquo;<U>Sale Below NAV Proposal</U>&rdquo;. </FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
    ask that you approve, pursuant to Nasdaq Listing Rules 5635(a) and 5635(b), (i) the issuance of shares of Common Stock to
    East (a) having voting power equal to or in excess of 20% of the voting power of the Common Stock outstanding prior to the
    issuance of the Common Stock to East in the Stock Purchase Transaction and (b) resulting in the issuance of shares of Common
    Stock by the Company in excess of 20% of the number of shares of Common Stock outstanding prior to the issuance of the Common
    Stock to East in the Stock Purchase Transaction, and (ii) a change of control (as defined by the Nasdaq Listing Rules) of
    the Company. We refer to this proposal as the &ldquo;<U>Nasdaq Proposal</U>&rdquo;.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
    ask that you approve the Company&rsquo;s entry into an investment advisory and management agreement with the Adviser (the
    &ldquo;<U>Investment Management Agreement</U>&rdquo;). Under this Investment Management Agreement, the Adviser will be hired
    as the investment adviser for the Company effective with the closing of the Stock Purchase Transaction. We refer to this proposal
    as the &ldquo;<U>Investment Management Agreement Proposal</U>&rdquo;.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
    ask that you approve an amendment to the Company&rsquo;s certificate of incorporation to increase the number of shares of
    Common Stock that the Company is authorized to issue from 10 million shares of Common Stock to 100 million shares of Common
    Stock. We refer to this proposal as the &ldquo;<U>Certificate of Incorporation Amendment Proposal</U>&rdquo;.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
    also ask that you approve a proposal to adjourn the special meeting, if needed, to solicit additional proxies if we do not
    have enough votes at the time of the special meeting to approve (i) the Sale Below NAV Proposal, (ii) the Nasdaq Proposal,
    (iii) the Investment Management Agreement Proposal or (iv) the Certificate of Incorporation Amendment Proposal. We refer to
    this proposal as the &ldquo;<U>Adjournment Proposal</U>&rdquo;.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shareholder
approval of proposals 1 through 4 listed above are contingent upon each other. In other words, we need all four of these proposals
to be approved for any of the transactions to take place.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Your
vote is very important. The Board unanimously recommends that you vote &ldquo;FOR&rdquo; the approval of (i) the Sale Below NAV
Proposal, (ii) the Nasdaq Proposal, (iii) the Investment Management Agreement Proposal, (iv) the Certificate of Incorporation
Amendment Proposal and (v) the Adjournment Proposal.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Whether
or not you expect to be present in person at the special meeting, please sign the enclosed proxy card and return it promptly in
the envelope provided, or vote via Internet or telephone. Instructions are provided on the proxy card. Returning the proxy card
does not deprive you of your right to attend the special meeting and to vote your shares in person.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Abstentions
and broker non-votes &ndash; which occur when you do not provide voting instructions to your bank, broker or other nominee when
your shares are held in &ldquo;street name&rdquo; &ndash; will have the same effect as a vote &ldquo;AGAINST&rdquo; (i) the Sale
Below NAV Proposal, (ii) the Investment Management Agreement Proposal and (iii) the Certificate of Incorporation Amendment Proposal.
Abstentions will have the same effect as a vote &ldquo;AGAINST&rdquo; the Adjournment Proposal and broker non-votes will have
no effect on the vote for the Adjournment Proposal. Abstentions and broker non-votes will have no effect on the Nasdaq Proposal.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
you have any questions concerning the special meeting or the accompanying proxy statement or need help voting your shares of Common
Stock, please contact our proxy solicitor, Alliance Advisors, LLC, by calling Toll-Free: (844) 853-0931.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Again,
<B>your vote is very important </B>and we ask that you submit your vote in a timely fashion. Thank you for your anticipated support.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sincerely,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom"><I>&nbsp;<IMG SRC="sigkail_003.jpg" ALT="" STYLE="height: 62; width: 200"></I></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom"><IMG SRC="sigallen_001.jpg" ALT="" STYLE="height: 78; width: 200"></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 25%; font: 10pt Times New Roman, Times, Serif; border-top: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Erland
        E. Kailbourne</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Chairman
        of the Board</B></FONT></P></TD>
    <TD STYLE="width: 5%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 35%; font: 10pt Times New Roman, Times, Serif; border-top: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Allen
        F. Grum</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>President
        and Chief Executive Officer</B></FONT></P></TD>
    <TD STYLE="width: 35%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Buffalo,
New York</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">April
18</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">, 2019</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"><B>Rand
Capital Corporation</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>2200
Rand Building</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Buffalo,
New York 14203</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"><B>NOTICE
OF SPECIAL MEETING OF SHAREHOLDERS</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>To
be held at: </B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The
Buffalo Club </B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Millard Fillmore</B><B> Room,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>388
Delaware Avenue, Buffalo, New York, 14202</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>May 16</B><B>, 2019, 1:00
p.m., local time</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A
special meeting of the shareholders of Rand Capital Corporation (the &ldquo;<U>Company</U>&rdquo;) will be held on May 16,
2019, at 1:00 p.m., local time, at The Buffalo Club, the Millard Fillmore Room, 388 Delaware Avenue, Buffalo, New York, 14202, (Business Attire Required),
to consider and vote on the following proposals:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    sale of 8,333,333.33 shares of the Company&rsquo;s common stock, par value $0.10 per share (the &ldquo;<U>Common Stock</U>&rdquo;),
    at a price of $3.00 per share, which sale price per share of Common Stock is below the Company&rsquo;s current net asset value
    (&ldquo;<U>NAV</U>&rdquo;) per share of Common Stock, to East Asset Management, LLC (&ldquo;<U>East</U>&rdquo;) pursuant to
    a Stock Purchase Agreement, dated as of January 24, 2019 (the &ldquo;<U>Stock Purchase Agreement</U>&rdquo;), by and among
    the Company, East and, solely for purposes of Sections 7.10 and 10.9(a) and (b) thereof, Rand Capital Management LLC (the
    &ldquo;<U>Adviser</U>&rdquo;), whereby East will contribute cash and assets having an aggregate value of $25.0 million to
    the Company in exchange for shares of Common Stock (the &ldquo;<U>Stock Purchase Transaction</U>&rdquo;) on the terms, and
    subject to the conditions, set forth in the Stock Purchase Agreement and described in the accompanying proxy statement (the
    &ldquo;<U>Sale Below NAV Proposal</U>&rdquo;).</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">in
    accordance with Nasdaq Listing Rules 5635(a) and 5635(b), the issuance of shares of Common Stock to East in the Stock Purchase
    Transaction resulting in (i) the issuance of shares of Common Stock (A) having voting power equal to or in excess of 20% of
    the voting power of the Common Stock outstanding prior to the issuance of the Common Stock to East in the Stock Purchase Transaction
    and (B) in excess of 20% of the number of shares of Common Stock outstanding prior to the issuance of the Common Stock to
    East in the Stock Purchase Transaction, and (ii) a change of control (as defined by the Nasdaq Listing Rules) of the Company
    (collectively the &ldquo;<U>Nasdaq Proposal</U>&rdquo;).</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Company entering into the investment advisory and management agreement with the Adviser (the &ldquo;<U>Investment Management
    Agreement</U>&rdquo;), pursuant to which the Adviser will be hired as the investment adviser for the Company effective as
    of the closing of the Stock Purchase Transaction (this transaction being the &ldquo;<U>Externalization Transaction</U>,&rdquo;
    and, together with the Stock Purchase Transaction, each, a &ldquo;<U>Transaction</U>,&rdquo; and collectively, the &ldquo;<U>Transactions</U>&rdquo;),
    as more fully described in the accompanying proxy statement (the &ldquo;<U>Investment Management Agreement Proposal</U>&rdquo;).</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">an
    amendment to the Company&rsquo;s certificate of incorporation increasing the number of shares of Common Stock that the Company
    is authorized to issue from 10 million shares of Common Stock to 100 million shares of Common Stock (the &ldquo;<U>Amendment</U>,&rdquo;
    and the proposal being the &ldquo;<U>Certificate of Incorporation Amendment Proposal</U>&rdquo;).</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">a
    proposal to approve the adjournment of the special meeting, if necessary or appropriate, to solicit additional proxies if
    there are insufficient votes at the time of the special meeting to approve the (i) Sale Below NAV Proposal, (ii) the Nasdaq
    Proposal, (iii) the Investment Management Agreement Proposal or (iv) the Certificate of Incorporation Amendment Proposal (the
    &ldquo;<U>Adjournment Proposal</U>&rdquo;).</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The
Board unanimously recommends that you vote &ldquo;FOR&rdquo; the approval of (i) the Sale Below NAV Proposal, (ii) the Nasdaq
Proposal, (iii) the Investment Management Agreement Proposal, (iv) the Certificate of Incorporation Amendment Proposal and (v)
the Adjournment Proposal.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Only
shareholders of record at the close of business on April 12, 2019 are entitled to notice of, and to vote at, the special
meeting or any adjournment or postponement thereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By
the Order of the Board of Directors,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><IMG SRC="sigdan_002.jpg" ALT=""></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 50%; border-top: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Daniel
        P. Penberthy</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Executive
        Vice President, Chief Financial Officer and Secretary </B></FONT></P></TD>
    <TD STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Buffalo,
New York</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">April
18</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">, 2019</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>TABLE
OF CONTENTS</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 88%"><A HREF="#p_001"><FONT STYLE="font-size: 10pt">PROXY STATEMENT</FONT></A></TD>
    <TD STYLE="white-space: nowrap; width: 12%; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">1</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_002"><FONT STYLE="font-size: 10pt">SUMMARY TERM SHEET</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">1</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_003"><FONT STYLE="font-size: 10pt">The Stock Purchase Transaction</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">2</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_004"><FONT STYLE="font-size: 10pt">Parties to the Stock Purchase Agreement</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">2</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_005"><FONT STYLE="font-size: 10pt">Effect on the Company if the Stock Purchase Transaction is Completed</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">2</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_006"><FONT STYLE="font-size: 10pt">Effect on the Company if the Stock Purchase Transaction is not Completed</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">3</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_007"><FONT STYLE="font-size: 10pt">Purchase Price</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">3</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_008"><FONT STYLE="font-size: 10pt">Use of Proceeds</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">3</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_009"><FONT STYLE="font-size: 10pt">Reasons for the Transactions</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">4</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_010"><FONT STYLE="font-size: 10pt">Opinion of the Company&rsquo;s Financial Advisor</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">5</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_011"><FONT STYLE="font-size: 10pt">Interests of Certain Persons Related to the Company</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">5</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_012"><FONT STYLE="font-size: 10pt">Closing of the Stock Purchase Transaction</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">6</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_013"><FONT STYLE="font-size: 10pt">Dissenters&rsquo; Rights</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">6</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_014"><FONT STYLE="font-size: 10pt">U.S. Federal Income Tax Consequences of the Stock Purchase Transaction</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">6</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_015"><FONT STYLE="font-size: 10pt">Required Regulatory Approvals</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">6</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_016"><FONT STYLE="font-size: 10pt">The Special Dividend</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">6</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_017"><FONT STYLE="font-size: 10pt">Change in Dividend Policy</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">7</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_018"><FONT STYLE="font-size: 10pt">RIC Election</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">7</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_019"><FONT STYLE="font-size: 10pt">Externalization Transaction</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">7</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_020"><FONT STYLE="font-size: 10pt">Parties to the Investment Management Agreement and Administration Agreement</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">7</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_021"><FONT STYLE="font-size: 10pt">Effect on the Company if the Externalization Transaction is Completed</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">7</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_022"><FONT STYLE="font-size: 10pt">Effect on the Company if the Externalization Transaction is Not Completed</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">8</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_023"><FONT STYLE="font-size: 10pt">The Investment Management Agreement</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">8</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_024"><FONT STYLE="font-size: 10pt">The Administration Agreement</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">9</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#p_025"><FONT STYLE="font-size: 10pt">Required Regulatory Approvals</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">9</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"><A HREF="#z_001">Comparison of Fiscal Year 2018 Operating Expenses and Pro Forma Operating Expenses Under Investment Management Agreement</A></FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">10</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#v_001"><FONT STYLE="font-size: 10pt">The Proposals To Be Voted on at the Special Meeting</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">11</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#v_002"><FONT STYLE="font-size: 10pt">Recommendation of the Board</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">11</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#v_003"><FONT STYLE="font-size: 10pt">The Special Meeting</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">11</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#v_004"><FONT STYLE="font-size: 10pt">Date, Time and Place</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">11</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#v_005"><FONT STYLE="font-size: 10pt">Shares Entitled to Vote</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">12</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#v_006"><FONT STYLE="font-size: 10pt">Quorum</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">12</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#v_007"><FONT STYLE="font-size: 10pt">Approval Standards</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">12</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#v_008"><FONT STYLE="font-size: 10pt">Share Ownership of Our Directors and Executive Officers</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">12</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#v_009"><FONT STYLE="font-size: 10pt">Voting and Proxies</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">13</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><A HREF="#v_010"><FONT STYLE="font-size: 10pt">QUESTIONS AND ANSWERS</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">14</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><A HREF="#v_011"><FONT STYLE="font-size: 10pt">FORWARD-LOOKING STATEMENTS</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">23</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><A HREF="#v_012"><FONT STYLE="font-size: 10pt">RISK FACTORS</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">24</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_001"><FONT STYLE="font-size: 10pt">THE SPECIAL MEETING</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">30</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_002"><FONT STYLE="font-size: 10pt">Time and Location</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">30</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_003"><FONT STYLE="font-size: 10pt">Attending the Special Meeting</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">30</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_004"><FONT STYLE="font-size: 10pt">Recommendation of the Board</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">30</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 7; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: LowerRoman; Name: PageNo -->i<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_005"><FONT STYLE="font-size: 10pt">Shareholders Entitled to Vote</FONT></A></TD>
    <TD STYLE="white-space: nowrap; width: 0.5in; text-align: right; font: 10pt Times New Roman, Times, Serif">30</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_006"><FONT STYLE="font-size: 10pt">Quorum</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">31</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_007"><FONT STYLE="font-size: 10pt">Shareholders Holding Shares Through Brokers, Banks or Other Nominees</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">31</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_008"><FONT STYLE="font-size: 10pt">Granting Authority to Vote to Brokers, Banks or Other Nominees</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">31</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_009"><FONT STYLE="font-size: 10pt">Voting by Proxy</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">31</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_010"><FONT STYLE="font-size: 10pt">Receiving Multiple Proxy Cards</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">32</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_011"><FONT STYLE="font-size: 10pt">Revocation of Proxy</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">32</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_012"><FONT STYLE="font-size: 10pt">Approval Standards</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">32</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_013"><FONT STYLE="font-size: 10pt">Methods of Proxy Solicitation and Related Expenses</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">33</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_014"><FONT STYLE="font-size: 10pt">Other Matters to Be Voted on at the Special Meeting</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">33</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_015"><FONT STYLE="font-size: 10pt">Who to Contact if You Have Questions</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">33</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_016"><FONT STYLE="font-size: 10pt">SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">34</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_017"><FONT STYLE="font-size: 10pt">THE STOCK PURCHASE TRANSACTION</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">35</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_018"><FONT STYLE="font-size: 10pt">Parties to the Stock Purchase Agreement</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">35</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_019"><FONT STYLE="font-size: 10pt">Effect on the Company if the Stock Purchase Transaction Is Completed</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">35</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_020"><FONT STYLE="font-size: 10pt">Effect on the Company if the Stock Purchase Transaction Is Not Completed</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">36</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_021"><FONT STYLE="font-size: 10pt">Purchase Price</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">36</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_022"><FONT STYLE="font-size: 10pt">Use of Proceeds</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">36</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_023"><FONT STYLE="font-size: 10pt">Background of the Transactions</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">37</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_024"><FONT STYLE="font-size: 10pt">Reasons for the Transactions</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">46</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_025"><FONT STYLE="font-size: 10pt">Opinion of the Company&rsquo;s Financial Advisor</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">48</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_026"><FONT STYLE="font-size: 10pt">Contributed Investment Assets</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">55</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_027"><FONT STYLE="font-size: 10pt">Interests of Certain Persons Related to the Company</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">57</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_028"><FONT STYLE="font-size: 10pt">Closing of the Stock Purchase Transaction</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">57</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_029"><FONT STYLE="font-size: 10pt">Required Regulatory Approvals</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">57</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_030"><FONT STYLE="font-size: 10pt">Appraisal Rights</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">58</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_031"><FONT STYLE="font-size: 10pt">U.S. Federal Income Tax Consequences of the Stock Purchase Transaction</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">58</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#k_032"><FONT STYLE="font-size: 10pt">RIC Election</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">58</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_001"><FONT STYLE="font-size: 10pt">THE STOCK PURCHASE AGREEMENT</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">60</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_002"><FONT STYLE="font-size: 10pt">Explanatory Note Regarding the Stock Purchase Agreement</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">60</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_003"><FONT STYLE="font-size: 10pt">Purchase Price and Assets Acquired by the Company from East</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">60</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_004"><FONT STYLE="font-size: 10pt">Liabilities Acquired by the Company under Contributed Investment Assets</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">61</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_005"><FONT STYLE="font-size: 10pt">Principal Repayments between Closing Cut-off Time and Closing</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">62</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_006"><FONT STYLE="font-size: 10pt">Closing of the Stock Purchase Transaction</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">62</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_007"><FONT STYLE="font-size: 10pt">Representations and Warranties of the Company</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">62</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_008"><FONT STYLE="font-size: 10pt">Company&rsquo;s Pre-Closing Covenants</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">65</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_009"><FONT STYLE="font-size: 10pt">East&rsquo;s Pre-Closing Covenants</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">66</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_010"><FONT STYLE="font-size: 10pt">Additional Covenants</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">67</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_011"><FONT STYLE="font-size: 10pt">Transaction Expenses</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">71</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_012"><FONT STYLE="font-size: 10pt">Conditions to the Stock Purchase Transaction</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">71</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_013"><FONT STYLE="font-size: 10pt">Termination of the Stock Purchase Agreement</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">72</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_014"><FONT STYLE="font-size: 10pt">Termination Fee</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">73</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_015"><FONT STYLE="font-size: 10pt">Effect of Termination</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">74</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_016"><FONT STYLE="font-size: 10pt">No Survival of Representations, Warranties and Agreements</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">74</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 8; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: LowerRoman; Name: PageNo -->ii<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_017"><FONT STYLE="font-size: 10pt">Remedies; Specific Performance</FONT></A></TD>
    <TD STYLE="white-space: nowrap; width: 0.5in; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">74</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_018"><FONT STYLE="font-size: 10pt">Amendment and Waiver</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">75</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_019"><FONT STYLE="font-size: 10pt">Governing Law; Jurisdiction</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">75</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_020"><FONT STYLE="font-size: 10pt">Terms of Shareholder Agreement</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">75</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_021"><FONT STYLE="font-size: 10pt">PROPOSAL 1 &ndash; APPROVAL OF THE SALE BELOW NAV PROPOSAL</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">77</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_022"><FONT STYLE="font-size: 10pt">Overview</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">77</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_023"><FONT STYLE="font-size: 10pt">Board Approval</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">77</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_024"><FONT STYLE="font-size: 10pt">Reasons to Offer
    Common Stock below NAV</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">77</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_025"><FONT STYLE="font-size: 10pt">Key Shareholder Considerations</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">78</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_026"><FONT STYLE="font-size: 10pt">Required Vote</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">79</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><A HREF="#b_027"><FONT STYLE="font-size: 10pt">PROPOSAL 2 &ndash; APPROVAL OF THE NASDAQ PROPOSAL</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">80</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_001"><FONT STYLE="font-size: 10pt">PROPOSAL 3 &ndash; APPROVAL OF THE INVESTMENT MANAGEMENT AGREEMENT PROPOSAL</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">81</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_002"><FONT STYLE="font-size: 10pt">General</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">81</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_003"><FONT STYLE="font-size: 10pt">Effect on the Company if the Externalization Transaction is Completed</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">81</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_004"><FONT STYLE="font-size: 10pt">Effect on the Company if the Externalization Transaction is Not Completed</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">81</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_005"><FONT STYLE="font-size: 10pt">Reasons for the Proposed Investment Management Agreement and Administration Agreement</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">81</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_007"><FONT STYLE="font-size: 10pt">Proposed Externalization of the Company&rsquo;s Management</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">83</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_008"><FONT STYLE="font-size: 10pt">About the Adviser</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">84</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_009"><FONT STYLE="font-size: 10pt">About the Investment Process of the Adviser</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">84</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_010"><FONT STYLE="font-size: 10pt">Terms of the Investment Management Agreement</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">86</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_011"><FONT STYLE="font-size: 10pt">Base Management Fee</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">86</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_012"><FONT STYLE="font-size: 10pt">Incentive Fee</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">87</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_013"><FONT STYLE="font-size: 10pt">Example 1: Income Based Fee Calculation</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">88</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_014"><FONT STYLE="font-size: 10pt">Example 2: Capital Gains Fee Calculation</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">89</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_015"><FONT STYLE="font-size: 10pt">Payment of Expenses</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">91</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_016"><FONT STYLE="font-size: 10pt">Indemnification under the Investment Management Agreement</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">92</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_017"><FONT STYLE="font-size: 10pt">Duration and Termination of Investment Management Agreement</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">92</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_018"><FONT STYLE="font-size: 10pt">Terms of the Administration Agreement</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">92</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_019"><FONT STYLE="font-size: 10pt">Board Approval of the Investment Management Agreement</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">93</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_020"><FONT STYLE="font-size: 10pt">Nature, Extent and Quality of Services to be Provided</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">94</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_021"><FONT STYLE="font-size: 10pt">Expected Costs of Services Provided and Economies of Scale; Anticipated Profitability</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">94</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_022"><FONT STYLE="font-size: 10pt">Investment Performance</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">94</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_023"><FONT STYLE="font-size: 10pt">Comparison of Management Fee and Expense Ratio to Other Business Development Companies</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">95</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_024"><FONT STYLE="font-size: 10pt">Experience of Management Team and Personnel</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">95</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_025"><FONT STYLE="font-size: 10pt">Conclusion</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">95</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_026"><FONT STYLE="font-size: 10pt">Required Vote</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">95</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_027"><FONT STYLE="font-size: 10pt">PROPOSAL 4 &ndash; CERTIFICATE OF INCORPORATION AMENDMENT PROPOSAL</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">96</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_028"><FONT STYLE="font-size: 10pt">Background and Purpose of the Proposal</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">96</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_029"><FONT STYLE="font-size: 10pt">Effect of the Amendment</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">96</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_030"><FONT STYLE="font-size: 10pt">Vote Requried and Board Recommendation</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">96</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_031"><FONT STYLE="font-size: 10pt">PROPOSAL 5 &ndash; ADJOURNMENT OF THE SPECIAL MEETING</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">97</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>


<!-- Field: Page; Sequence: 9; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: LowerRoman; Name: PageNo -->iii<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_032"><FONT STYLE="font-size: 10pt">FAILURE TO OBTAIN SHAREHOLDER APPROVAL</FONT></A></TD>
    <TD STYLE="white-space: nowrap; width: 0.5in; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">98</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_033"><FONT STYLE="font-size: 10pt">HOUSEHOLDING OF SPECIAL MEETING MATERIALS</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">98</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_034"><FONT STYLE="font-size: 10pt">OTHER MATTERS</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">98</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_035"><FONT STYLE="font-size: 10pt">Shareholder Proposals</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">98</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_036"><FONT STYLE="font-size: 10pt">Proxy Solicitation Costs and Expenses</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">99</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_037"><FONT STYLE="font-size: 10pt">Other Business</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">99</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_038"><FONT STYLE="font-size: 10pt">WHERE YOU CAN FIND MORE INFORMATION</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">99</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><A HREF="#r_039"><FONT STYLE="font-size: 10pt">MISCELLANEOUS</FONT></A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">99</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><A HREF="#z_002">ANNUAL REPORT</A></TD>
    <TD STYLE="white-space: nowrap; text-align: right; font: 10pt Times New Roman, Times, Serif">99</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A HREF="#apx_1">Appendix A &ndash; Stock Purchase Agreement</A></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A HREF="#apx_2">Appendix B &ndash; Investment Management Agreement</A></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A HREF="#apx_3">Appendix C &ndash; Administration Agreement</A></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A HREF="#apx_4">Appendix D &ndash; Shareholder Agreement</A></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A HREF="#apx_5">Appendix E &ndash; Amendment to the Certificate of Incorporation</A></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A HREF="#apx_6">Appendix F &ndash; Opinion of Keefe, Bruyette &amp; Woods, Inc.</A></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>


<!-- Field: Page; Sequence: 10; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: LowerRoman; Name: PageNo -->iv<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"><B>Rand
Capital Corporation</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>2200
Rand Building</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Buffalo,
New York 14203</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"><A NAME="p_001"></A>PROXY
STATEMENT</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">Special
Meeting of Shareholders</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="p_002"></A>SUMMARY
TERM SHEET</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
summary term sheet highlights selected information included in this proxy statement related to the transactions contemplated by
the Stock Purchase Agreement, dated as of January 24, 2019 (the &ldquo;<U>Stock Purchase Agreement</U>&rdquo;), by and among Rand
Capital Corporation (&ldquo;<U>we</U>,&rdquo; &ldquo;<U>us</U>,&rdquo; &ldquo;<U>our</U>&rdquo; or the &ldquo;<U>Company</U>&rdquo;),
East Asset Management, LLC, a Delaware limited liability company (&ldquo;<U>East</U>&rdquo;) and, solely for purposes of Sections
7.10 and 10.9(a) and (b) thereof, Rand Capital Management LLC, a Delaware limited liability company (the &ldquo;<U>Adviser</U>&rdquo;).
The transactions contemplated by the Stock Purchase Agreement, and the entry into the Investment Advisory and Management Agreement
(the &ldquo;<U>Investment Management Agreement</U>&rdquo;) between the Company and the Adviser, are subject to, among other things,
approval of the shareholders of the Company (the &ldquo;<U>Shareholders</U>&rdquo;). This proxy statement is first being sent
or made available to Shareholders on or about April 18, 2019.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subject
to, and contingent upon, approval by the Shareholders, and as a condition to the consummation of the Stock Purchase Transaction,
immediately prior to the consummation of the Stock Purchase Transaction, the Company will amend its certificate of incorporation
(the &ldquo;<U>Certificate of Incorporation</U>&rdquo;) to increase its number of authorized shares of Common Stock, as defined
below, from 10 million shares of Common Stock to 100 million shares of Common Stock (the &ldquo;<U>Amendment</U>&rdquo;). Subject
to, and contingent upon, approval by the Shareholders and the satisfaction or waiver of the other conditions to closing under
the Stock Purchase Agreement, at the closing of the transactions contemplated by the Stock Purchase Agreement (the &ldquo;<U>Closing</U>&rdquo;),
East will contribute cash and assets having an aggregate value of $25.0 million to the Company in exchange for 8,333,333.33 shares
of the Company&rsquo;s common stock, par value $0.10 per share (the &ldquo;<U>Common Stock</U>&rdquo;), subject to the other terms
of the Stock Purchase Agreement (the &ldquo;<U>Stock Purchase Transaction</U>&rdquo;). If each of the proposals set forth in this
proxy statement is approved by the Shareholders, concurrent with the consummation of the Stock Purchase Transaction, the Company
will enter into a shareholder agreement with East (the &ldquo;<U>Shareholder Agreement</U>&rdquo;) providing East with the right
to designate two or three persons, depending upon the size of the Company&rsquo;s board of directors (the &ldquo;<U>Board</U>&rdquo;),
for nomination for election to the Board. East will have the right to designate (i) up to two persons if the size of the Board
is composed of fewer than seven directors or (ii) up to three persons if the size of the Board is composed of seven or more directors.
Upon Closing, it is expected that the Board will consist of five members, of which East will have the right to designate two persons
for nomination for election to the Board.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subject
to, and contingent upon, approval by the Shareholders, and as a condition to the consummation of the Stock Purchase Transaction,
the Company and the Adviser will enter into the Investment Management Agreement and hire the Adviser as the investment adviser
for the Company (the &ldquo;<U>Externalization Transaction</U>&rdquo; and, together with the Stock Purchase Transaction, each,
a &ldquo;<U>Transaction</U>,&rdquo; and collectively, the &ldquo;<U>Transactions</U>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
each of the proposals set forth in this proxy statement is approved by the Shareholders, concurrent with the consummation of the
Externalization Transaction, the Company will also enter into an administration agreement with the Adviser pursuant to which the
Adviser will serve as the Company&rsquo;s administrator (the &ldquo;<U>Administration Agreement</U>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">After
the Closing, the Company intends to declare and pay a special dividend to Shareholders in an amount equal to the Company&rsquo;s
&ldquo;accumulated earnings and profits&rdquo; for tax purposes since the Company&rsquo;s inception (the &ldquo;<U>Special Dividend</U>&rdquo;).
After payment of the expected Special Dividend and contingent upon meeting certain tax-related conditions, the Company and Rand
Capital SBIC, Inc. (&ldquo;<U>Rand SBIC</U>&rdquo;) each expect to elect to be taxed for U.S. federal tax purposes as a regulated
investment company (a &ldquo;<U>RIC</U>&rdquo;) under the Internal Revenue Code (the &ldquo;<U>Code</U>&rdquo;), and in connection
therewith the Company expects to adopt a new dividend policy that includes regular cash dividends to Shareholders, subject to
Board approval. However, despite it being our current intention to declare and pay the Special Dividend to shareholders
after the completion of the Transactions, because any such dividend payment will require action of the Board in the
future based on relevant factors and considerations affecting the Company at that time, we cannot assure you that the Special
Dividend, or any other dividend or distribution, will be paid to Shareholders after the completion of the Transactions
or at all, or that the Company will ever adopt a new dividend policy that includes regular cash dividends to Shareholders.
See &ldquo;Risk Factors &#8210; We may not declare or pay the Special Dividend or begin to declare and pay regular cash dividends&rdquo;
for additional information regarding the risks associated with the Special Dividend.&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 11; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Stock Purchase Agreement is attached as <U>Appendix A</U> to this proxy statement. The Investment Management Agreement is attached
as <U>Appendix B</U> to this proxy statement. The Administration Agreement is attached as <U>Appendix C</U> to this proxy statement.
The Shareholder Agreement is attached as <U>Appendix D</U> to this proxy statement. The Amendment is attached as <U>Appendix E
</U>to this proxy statement. We encourage you to read each of these documents carefully and in their entirety.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Neither
of the Transactions will be completed unless each of (i) the Sale Below NAV Proposal, (ii) the Nasdaq Proposal, (iii) the Investment
Management Agreement Proposal and (iv) the Certificate of Incorporation Amendment Proposal are approved. Entry into the Investment
Management Agreement, the Administration Agreement and the Shareholder Agreement are conditions to the Closing of the Stock Purchase
Transaction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
summary term sheet may not contain all of the information that is important to you. To understand the matters described in this
summary term sheet more fully and for a more complete description of the terms of the Transactions, you should carefully read
this entire proxy statement and the appendices to this proxy statement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="p_003"></A>The
Stock Purchase Transaction</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="p_004"></A>Parties
to the Stock Purchase Agreement</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
parties to the Stock Purchase Agreement are the Company, East and, solely for purposes of Sections 7.10 and 10.9(a) and (b) of
the Stock Purchase Agreement, the Adviser.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Company was incorporated under the laws of New York in February 1969. We completed our initial public offering in 1971 as an internally
managed, closed-end, diversified, management investment company. We have elected to be regulated as a business development company
(&ldquo;<U>BDC</U>&rdquo;) under the Investment Company Act of 1940, as amended (the &ldquo;<U>1940 Act</U>&rdquo;). As a BDC,
we are required to comply with certain regulatory requirements. For instance, we generally have to invest at least 70% of our
total assets in &ldquo;qualifying assets&rdquo; and make available managerial assistance to the portfolio companies in which we
invest. The Company established a small business investment company (&ldquo;<U>SBIC</U>&rdquo;), Rand SBIC, in 2002, whereby the
Company utilizes funds borrowed from the U.S. Small Business Administration (&ldquo;<U>SBA</U>&rdquo;) to invest in portfolio
companies. The Company currently operates as an internally managed investment company whereby its officers and employees conduct
the business of the Company under the general supervision of its Board. Neither the Company nor Rand SBIC have currently elected
to qualify to be taxed as a RIC under Subchapter M of the Code.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Our
office is located at 2200 Rand Building, Buffalo, New York 14203 and our telephone number is 716-853-0802.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">East
was formed in 2010 as a Delaware limited liability company to invest in private and public market securities, and has formed multiple
investment vehicles that provide capital to a variety of industries including energy, media, real estate, hospitality, sports
and entertainment. East is an entity owned by Terry and Kim Pegula, owners of Pegula Sports &amp; Entertainment.</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">&nbsp;</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">The
Adviser is a newly formed investment adviser that intends to register with the Securities and Exchange Commission (the &ldquo;<U>SEC</U>&rdquo;)
pursuant to the Investment Advisers Act of 1940, as amended (the &ldquo;<U>Advisers Act</U>&rdquo;). The Adviser will initially
be owned by East and Brian Collins. The Adviser will establish an Investment Committee (as defined herein), as discussed in the
section entitled &ldquo;Proposal 3 &ndash; Approval of the Investment Management Agreement &ndash; About the Investment Process
of the Adviser.&rdquo;</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="p_005"></A>Effect
on the Company if the Stock Purchase Transaction is Completed</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
the proposals set forth in this proxy statement are approved by the Shareholders, and the other conditions to Closing of the Stock
Purchase Transaction are satisfied or waived, the Company will issue 8,333,333.33 shares of Common Stock to East in consideration
for (i) Cash Consideration (as defined below) and (ii) Contributed Investment Assets Fair Value (as defined below), having an
aggregate value of $25.0 million (the &ldquo;<U>Purchase Price</U>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 12; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
connection with the Closing of the Stock Purchase Transaction, the Company will:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amend
    its Certificate of Incorporation to increase its number of authorized shares of Common Stock from 10 million shares of Common
    Stock to 100 million shares of Common Stock;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Terminate
    the employment of each employee of the Company, effective immediately prior to the Closing; </FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Terminate
    each benefit plan of the Company, effective immediately prior to the Closing;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Enter
    into the Investment Management Agreement and Administration Agreement with the Adviser and complete the Externalization Transaction;
    and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Enter
    into the Shareholder Agreement with East. </FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><A NAME="p_006"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Effect
on the Company if the Stock Purchase Transaction is not Completed</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
the Stock Purchase Transaction is not completed, the Company will not affect the Externalization Transaction with the Adviser,
and we will continue conducting our business as an internally managed BDC and may consider and evaluate other strategic
alternatives. These other strategic alternatives may include (i) pursuing another strategic transaction that would allow
the Company to be able to elect RIC status for U.S. tax purposes, (ii) engaging another external investment adviser to manage
our investment strategy, (iii) selling the Company or its portfolio to a third party acquirer or (iv) allowing the Company&rsquo;s
portfolio to run-off and distribute the proceeds to Shareholders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="p_007"></A>Purchase
Price</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
connection with the Stock Purchase Transaction, East will pay the Company the Purchase Price, consisting of the following:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cash
    consideration in an amount equal to $25.0 million less the amount of the Contributed Investment Assets Fair Value (the &ldquo;<U>Cash
    Consideration</U>&rdquo;); <I>plus</I></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    fair value of the loans and other securities (the &ldquo;<U>Contributed Investment Assets</U>&rdquo;) being contributed by
    East to the Company, plus (without duplication) the aggregate amount of accrued but unpaid interest (including uncapitalized
    payment-in-kind interest earned), penalties, fees, charges and other amounts on the Contributed Investment Assets (the &ldquo;<U>Contributed
    Investment Assets Fair Value</U>&rdquo;).</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the Stock Purchase Agreement, the Contributed Investment Assets Fair Value is to be determined as of 5:00 p.m. (New York, New
York time) on the second business day prior to the Closing date, and such amount is to be agreed upon between the Company and
East prior to the Closing of the Stock Purchase Transaction. The sum of the Cash Consideration and the Contributed Investment
Assets Fair Value will be $25.0 million.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="p_008"></A>Use
of Proceeds</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
the Stock Purchase Transaction is completed, the Company will hold the Contributed Investment Assets as investment assets of the
Company and use a portion of the cash proceeds from the Stock Purchase Transaction to pay costs and expenses incurred in connection
with the Transactions. The remainder of the cash proceeds from the Stock Purchase Transaction will be used by the Company for
general corporate purposes, including, for use in payment of the cash portion of the intended Special Dividend, if declared.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
following table sets forth the proposed uses of the proceeds from the Stock Purchase Transaction and assumes:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Contributed
    Investment Assets have a Contributed Investment Assets Fair Value of $11.6 million;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cash
                                         Consideration of $13.4 million; and</FONT></P>


</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    cash portion of the intended Special Dividend, if declared, is an estimated $4.4 million.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 13; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1.5pt solid">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(amounts in thousands)</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 76%; text-align: left; font: 10pt Times New Roman, Times, Serif">Proceeds from Stock Purchase Transaction (1)</TD><TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">$</TD><TD STYLE="width: 20%; text-align: right; font: 10pt Times New Roman, Times, Serif">25,000</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">Contributed Investment Assets held by the Company (2)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">(11,600</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">Aggregate cash portion of Special Dividend (3)(4)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">(4,400</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">Transaction expenses (5)</TD><TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif">(1,000</TD><TD STYLE="text-align: left; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">Remaining portion of the Cash Consideration</TD><TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif">$</TD><TD STYLE="text-align: right; border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif">8,000</TD><TD STYLE="text-align: left; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    proceeds received by the Company from the Stock Purchase Transaction will consist of the Cash Consideration and Contributed
    Investment Assets.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    amount represents the Contributed Investment Assets Fair Value as determined by the parties as of December 31, 2018. The Contributed
    Investment Assets Fair Value is subject to adjustment pursuant to the terms of the Stock Purchase Agreement. See &ldquo;The
    Stock Purchase Transaction &ndash; Contributed Investment Assets.&rdquo;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    intended Special Dividend is expected to be declared and paid in an amount equal to the Company&rsquo;s &ldquo;accumulated
    earnings and profits&rdquo; for tax purposes since the Company&rsquo;s inception and, contingent upon meeting certain tax
    related conditions, in connection with the Company&rsquo;s and Rand SBIC&rsquo;s expected elections for U.S. tax purposes
    to be taxed as RICs. This table assumes that the intended Special Dividend is in the aggregate amount of an estimated $22.0
    million (representing the Company&rsquo;s estimate of its &ldquo;accumulated earnings and profits&rdquo; from inception to
    December 31, 2018).</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(4)</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
                                         intended Special Dividend is expected to be comprised of 20% cash and 80% Common Stock.
                                         Shareholders are expected to have the option to elect to receive the Special Dividend
                                         in cash or Common Stock, subject to a 20% cap on the cash portion of the Special
                                         Dividend. If too many Shareholders elect to receive their distribution in cash, the amount
                                         of cash available for distribution will be allocated pro rata among the Shareholders
                                         electing to receive the distribution in cash and the remaining portion of their distribution
                                         will be paid in shares of Common Stock.</FONT></P>


</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(5)</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Includes
    an estimate of legal, investment banking and other fees and expenses incurred by the Company in connection with the Transactions.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="p_009"></A>Reasons
for the Transactions</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
recommending that the Shareholders approve (i) the Sale Below NAV Proposal, (ii) the Nasdaq Proposal, (iii) the Investment Management
Agreement Proposal, (iv) the Certificate of Incorporation Amendment Proposal and (v) the Adjournment Proposal, the Board considered
the terms of the Stock Purchase Agreement, the Investment Management Agreement, the Administration Agreement and the other transactions
and agreements relating thereto, as well as a range of other potential strategic alternatives and proposals. As part of its evaluation,
the Board considered the financial terms, risks, timing and uncertainties of other potential strategic alternatives and proposals,
as well as financial information prepared by the Company&rsquo;s management. The Board consulted with outside financial and legal
advisors and the Company&rsquo;s management, and considered a number of reasons, including, among others:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Cash Consideration and Contributed Investment Assets that will be received as consideration from East in the Stock Purchase
    Transaction;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    price per share of Common Stock to be sold to East under the Stock Purchase Transaction of $3.00 per share represents a 33%
    premium per share over the closing price of Common Stock on January 24, 2019 (the trading day immediately prior to the announcement
    of the Transactions);</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    contribution of the Contributed Investment Assets to the Company increases the total assets under management by the Company,
    thereby diversifying the Company&rsquo;s investment portfolio and increasing the Company&rsquo;s scale;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Contributed Investment Assets primarily consist of income producing debt investments that will increase the income producing
    portion of the Company&rsquo;s investment portfolio consistent with the shift in the Company&rsquo;s investment strategy towards
    investing in more interest-yielding debt securities;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 14; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
                                         Externalization Transaction will provide for the management of the Company&rsquo;s investment
                                         portfolio by an external investment adviser with the experience, expertise in financial
                                         due diligence and evaluation of potential investments and access to a network
                                         of family offices that the Board believes will enhance the Company&rsquo;s access
                                         to investment opportunities and investment decision process;</FONT></P>


</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    administration of the Company by the Adviser, in its capacity as investment adviser and administrator to the Company, under
    the Investment Management Agreement and the Administration Agreement, respectively, is anticipated to reduce the Company&rsquo;s
    expense-to-asset ratio;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Transactions, taken as a whole, will help to accelerate the shift in the Company&rsquo;s investment strategy towards investing
    in more interest-yielding debt securities; and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Company intends for the Shareholders (including East) to receive the Special Dividend after the Closing of the Transactions
    and, contingent upon meeting certain tax related conditions, the Company and Rand SBIC expect to elect to be taxed as RICs
    for U.S. federal tax purposes.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">See
&ldquo;The Stock Purchase Transaction &ndash; Reasons for the Transactions&rdquo; for more information.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="p_010"></A>Opinion
of the Company&rsquo;s Financial Advisor</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
connection with the Stock Purchase Transaction, the Company&rsquo;s financial advisor, Keefe, Bruyette &amp; Woods, Inc. (&ldquo;<U>KBW</U>&rdquo;),
delivered a written opinion, dated January 24, 2019, to the Board as to the fairness, from a financial point of view and as of
the date of the opinion, to the Company of the consideration of $3.00 per share of Common Stock to be received in the Stock Purchase
Transaction. The full text of KBW&rsquo;s opinion, which describes the procedures followed, assumptions made, matters considered,
and qualifications and limitations on the review undertaken by KBW in preparing the opinion, is attached as <U>Appendix F</U>
to this proxy statement. <B>The opinion was for the information of, and was directed to, the Board (in its capacity as such) in
connection with its consideration of the financial terms of the Stock Purchase Transaction. The opinion did not address the underlying
business decision of the Company to engage in the Stock Purchase Transaction or enter into the Stock Purchase Agreement or constitute
a recommendation to the Board in connection with the Stock Purchase Transaction, and it does not constitute a recommendation to
any Shareholder or any shareholder of any other entity as to how to vote in connection with the Stock Purchase Transaction, the
Externalization Transaction or any other matter (including what election any holder of Common Stock should make in the Special
Dividend, if it occurs, with respect to Common Stock or cash).</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">See
&ldquo;The Stock Purchase Transaction &ndash; Opinion of the Company&rsquo;s Financial Advisor&rdquo; for more information.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="p_011"></A>Interests
of Certain Persons Related to the Company</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shareholders
should be aware that the Company&rsquo;s executive officers and employees may have interests in the Stock Purchase Transaction,
the Externalization Transaction and the other transactions described herein that are different from, or in addition to, those
of the Shareholders generally.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Upon
the Closing of the Transactions, the Company&rsquo;s current executive officers and employees will terminate their employment
with the Company and become employees of the Adviser; however, Allen F. &ldquo;Pete&rdquo; Grum will remain as President and Chief
Executive Officer of the Company and Daniel P. Penberthy will remain as Executive Vice President and Chief Financial Officer of
the Company. Mr. Grum will be retained as President and Chief Executive Officer of the Adviser, and Mr. Penberthy will be retained
as Executive Vice President and Chief Financial Officer of the Adviser. Messrs. Grum and Penberthy will also serve as members
of the Adviser&rsquo;s Investment Committee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Additionally,
the Company&rsquo;s executive officers, employees and directors, to the extent that they remain Shareholders as of the record
date for the payment of the intended Special Dividend, if any, following the Closing date, will participate in such Special Dividend
based upon their respective ownership of shares of Common Stock as of such record date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 15; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Board was aware of these interests and considered them, among other matters, in approving the Stock Purchase Agreement and the
Investment Management Agreement, and in making its recommendation that Shareholders vote <B>&ldquo;FOR&rdquo;</B> the proposals
related to the Stock Purchase Transaction and the Externalization Transaction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="p_012"></A>Closing
of the Stock Purchase Transaction</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unless
otherwise mutually agreed by the Company and East, the Closing will take place no later than the third business day after the
satisfaction or waiver of the latest to occur of the conditions to the Closing (as set forth in the Stock Purchase Agreement and
as described in the section of this proxy statement captioned &ldquo;The Stock Purchase Agreement &mdash; Conditions to the Stock
Purchase Transaction&rdquo;), other than conditions that by their nature are to be satisfied at the Closing and subject to the
satisfaction or waiver of such conditions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="p_013"></A>Dissenters&rsquo;
Rights</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
to the New York Business Corporation Law (the &ldquo;<U>BCL</U>&rdquo;) and the Certificate of Incorporation, there are no appraisal
or dissenters&rsquo; rights that apply to the execution, delivery and performance of the Stock Purchase Agreement or the consummation
of the Transactions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="p_014"></A>U.S.
Federal Income Tax Consequences of the Stock Purchase Transaction</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">&nbsp;</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">The
following discussion is a general summary of the anticipated U.S. federal income tax consequences of the Stock Purchase Transaction
to U.S. Shareholders. Its content is based upon the Code, its legislative history, currently applicable and proposed treasury
regulations under the Code and published rulings and decisions, all as currently in effect as of the date of this proxy statement,
and all of which are subject to change, possibly with retroactive effect. Tax considerations under state, local and non-U.S. laws,
or federal laws other than those pertaining to income tax, are not addressed in this proxy statement. This discussion has no binding
effect on the Internal Revenue Service (the &ldquo;<U>IRS</U>&rdquo;) or the courts.</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Stock Purchase Transaction is not a shareholder-level action, and our U.S. and non-U.S. Shareholders, in their capacities as such,
are not expected to realize any gain or loss for U.S. federal income tax purposes solely as a result of the Stock Purchase Transaction.
In addition, the Company does not expect to recognize income or gain in connection with the Stock Purchase Transaction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="p_015"></A>Required
Regulatory Approvals</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Stock Purchase Transaction will not occur until the following consents of, or actions with respect to, governmental or regulatory
authorities have been obtained or completed: (i) approval of the Stock Purchase Transaction by the SBA or receipt of confirmation
from the SBA that approval of the Stock Purchase Transaction from the SBA is not required; (ii) registration of the Adviser as
an investment adviser under the Advisers Act for purposes of serving as investment adviser to the Company under the Investment
Management Agreement; (iii) filing and acceptance of the Amendment with the Department of State of the State of New York; and
(iv) satisfaction of applicable requirements of Nasdaq.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="p_016"></A>The
Special Dividend</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">After
the Closing of the Transactions, the Company intends to declare the Special Dividend, expected to be comprised of 20% cash and
80% Common Stock, payable to the Shareholders. The Special Dividend is expected to be in an amount equal to the Company&rsquo;s
then-current &ldquo;accumulated earnings and profits&rdquo; since inception. As of December 31, 2018, the estimated aggregate
amount of the Special Dividend is approximately $22.0 million, or approximately $1.50 per share, based
upon 14,655,321 shares of Common Stock expected to be outstanding after completion of the Stock Purchase Transaction.
Shareholders will have the option to elect to receive the Special Dividend in cash or Common Stock, subject to a 20% cap on
the cash portion of the Special Dividend. East is expected to elect to receive its portion of the Special Dividend in shares
of Common Stock. In addition, each member of the Board and Mr. Penberthy also intend to elect to receive their respective portion
of the Special Dividend in shares of Common Stock. Assuming that each of the foregoing elects to receive their respective portion
of the Special Dividend in shares of Common Stock, this has the effect of making more of the cash portion of the Special Dividend
available for distribution to other Shareholders. If too many Shareholders elect to receive their distribution in cash, the
amount of cash available for distribution will be allocated pro rata among the Shareholders electing to receive the distribution
in cash and the remaining portion of their distribution will be paid in shares of Common Stock. However, despite it being our
current intention to declare and pay the Special Dividend to Shareholders after the completion of the Transactions,
because any such dividend payment will require action of the Board in the future based on relevant factors and considerations
affecting the Company at that time, we cannot assure you that the Special Dividend, or any other dividend or distribution,
will be paid to Shareholders after the completion of the Transactions or at all, or that the Company will ever
adopt a new dividend policy that includes regular cash dividends to Shareholders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 16; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="p_017"></A>Change
in Dividend Policy</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">In
connection with completion by the Company of it and Rand SBIC&rsquo;s elections to be taxed as RICs for U.S. federal tax purposes
(the &ldquo;<U>RIC Election</U>&rdquo;), the Board intends to adopt a new dividend policy that includes regular cash dividends
to Shareholders. Under this new dividend policy, the Board intends to distribute at least 90% of the Company&rsquo;s annual &ldquo;investment
company taxable income&rdquo; to Shareholders through a quarterly cash dividend. We also cannot assure you that the Company will
ever adopt a new dividend policy that includes regular cash dividends to Shareholders.</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="p_018"></A>RIC
Election</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
order to qualify to make the RIC Election, the Company must, among other things, distribute the Company&rsquo;s previously undistributed
&ldquo;accumulated earnings and profits&rdquo; to Shareholders. RIC qualification also requires meeting specified source-of-income
and asset-diversification requirements. In addition, we must distribute to our Shareholders, in respect of each taxable year,
dividends for U.S. federal income tax purposes in an amount generally at least equal to 90% of our &ldquo;investment company taxable
income,&rdquo; which is generally equal to the sum of our net ordinary income plus the excess of our realized net short-term capital
gains over our realized net long-term capital losses, determined without regard to any deduction for distributions paid. As a
RIC, we generally will not have to pay corporate-level U.S. federal income taxes on any ordinary income or capital gains that
we distribute to our Shareholders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
the Company and Rand SBIC qualify for taxation as RICs, distributions by the Company out of its earnings and profits to Shareholders
generally will be taxable to Shareholders for U.S. federal income tax purposes, either as ordinary income or capital gains, depending
upon the nature of the income giving rise to the distribution. The tax consequences to a Shareholder attributable to the acquisition,
ownership, and disposition of Common Stock, are complex and will depend on the facts of the Shareholder&rsquo;s own unique circumstances.
We encourage Shareholders to consult their own tax advisers regarding the specific tax consequences to them (including tax reporting
requirements, the applicability of federal, state, local and foreign tax laws, eligibility for the benefits of any applicable
tax treaty, and the effect of any possible changes in the tax laws) of the acquisition, ownership, and disposition of Common Stock.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
connection with the RIC Election, the Company also expects that Rand SBIC will elect to be taxed as a RIC for U.S. federal tax
purposes. To qualify to be taxed as a RIC, Rand SBIC will also be required to meet the source-of income, asset-diversification,
and minimum distribution requirements. If Rand SBIC is unable to qualify to be taxed as a RIC, the Company will not be able to
satisfy the requirements necessary to make the RIC Election.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><A NAME="p_019"></A>Externalization
Transaction</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="p_020"></A>Parties
to the Investment Management Agreement and Administration Agreement</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
parties to each of the Investment Management Agreement and the Administration Agreement are the Company and the Adviser.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">See
above under the heading &ldquo;Summary Term Sheet &ndash; The Stock Purchase Transaction &ndash; Parties to the Stock Purchase
Agreement&rdquo; for a description of the Company and the Adviser.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="p_021"></A>Effect
on the Company if the Externalization Transaction is Completed</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Assuming
the Company receives Shareholder approval of the Investment Management Agreement Proposal and subject to, and contingent upon,
the consummation of the Stock Purchase Transaction, the Company and the Adviser will enter into the Investment Management Agreement
and the Administration Agreement, pursuant to which the Adviser will serve as the Company&rsquo;s investment adviser and administrator,
respectively, following the Closing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
completion of the Externalization Transaction will result in the Company converting from an internally managed BDC to an externally
managed BDC, with the Adviser acting as investment adviser and administrator for the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Adviser, in its capacity as the investment adviser to the Company after the Closing, expects over time to transition the Company&rsquo;s
portfolio to include more interest-yielding debt securities.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
form of the Investment Management Agreement is attached hereto as <U>Appendix B</U>. The form of the Administration Agreement
is attached hereto as <U>Appendix C</U>. We encourage you to read the Investment Management Agreement and the Administration Agreement
carefully and in their entirety.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 17; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
more information regarding the Investment Management Agreement, Administration Agreement, and related matters, see the section
of this proxy statement captioned &ldquo;Proposal 3 &ndash; Approval of the Investment Management Agreement Proposal.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="p_022"></A>Effect
on the Company if the Externalization Transaction is Not Completed</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
the Externalization Transaction is not completed, the Company will not enter into the Investment Management Agreement and
Administration Agreement with the Adviser, and will continue its focus on conducting business as an internally managed BDC
and may consider and evaluate other strategic alternatives. These other strategic alternatives may include (i) pursuing
another strategic transaction that would allow the Company to be able to elect RIC status for U.S. tax purposes, (ii)
engaging another external investment adviser to manage our investment strategy, (iii) selling the Company or its portfolio
to a third party acquirer or (iv) allowing the Company&rsquo;s portfolio to run-off and distribute the proceeds to
Shareholders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="p_023"></A>The
Investment Management Agreement</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">At
the Closing, the Company and the Adviser will enter into the Investment Management Agreement and the Administration Agreement
pursuant to which the Adviser will serve as the Company&rsquo;s investment adviser and administrator. Because the Company is currently
internally managed by its executive officers under the supervision of the Board, the Company incurs the operating costs associated
with employing officers and employees. If the Transactions are consummated and the Adviser becomes the Company&rsquo;s external
investment adviser, the Company will be responsible for paying the Adviser the investment advisory fees set forth in the Investment
Management Agreement in connection with the Adviser&rsquo;s management of the Company&rsquo;s investment portfolio.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the terms of the Investment Management Agreement, the Adviser will manage the investment and reinvestment of our assets, and,
without limiting the generality of the foregoing, the Adviser will:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">determine
    the composition of the portfolio of the Company, the nature and timing of the changes therein and the manner of implementing
    such changes;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">identify,
    evaluate and negotiate the structure of the investments made by the Company;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">execute,
    close, service and monitor the Company&rsquo;s investments;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">determine
    the securities and other assets that the Company will purchase, retain or sell;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">perform
    due diligence on prospective portfolio companies or investments; and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vi)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">provide
    the Company with such other investment advisory, research and related services as the Company may, from time to time, reasonably
    require for the investment of its funds.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Adviser&rsquo;s services under the Investment Management Agreement will not be exclusive, and the Adviser may furnish similar
services to other entities.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the Investment Management Agreement, the Company will pay the Adviser, as compensation for the investment advisory and management
services, fees consisting of two components: (i) a base management fee (the &ldquo;<U>Base Management Fee</U>&rdquo;) and (ii)
an incentive fee (the &ldquo;<U>Incentive Fee</U>&rdquo;). The Base Management Fee will be 1.50% per annum of the Company&rsquo;s
total assets (other than cash or cash equivalents but including assets purchased with borrowed funds), determined according to
procedures duly adopted by the Board.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Incentive Fee payable under the Investment Management Agreement will consist of two parts: (1) a portion based on the Company&rsquo;s
pre-incentive fee net investment income (the &ldquo;<U>Income Based Fee</U>&rdquo;) and (2) a portion based on the net realized
capital gains received on the Company&rsquo;s portfolio of securities on a cumulative basis for each calendar year, net of all
realized capital losses and all unrealized capital depreciation for that same calendar year (the &ldquo;<U>Capital Gains Fee</U>&rdquo;).
The Income Based Fee will be paid in each calendar quarter as follows: (i) no Income Based Fee in any quarter in which the Pre-Incentive
Fee Net Investment Income for such quarter does not exceed the hurdle rate of 1.75% (7.00% annualized); (ii) 100% of the Pre-Incentive
Fee Net Investment Income for any calendar quarter with respect to that portion of the Pre-Incentive Fee Net Investment Income
for such calendar quarter, if any, that exceeds the hurdle rate of 1.75% (7.00% annualized) but is less than 2.1875% (8.75% annualized)
and (iii) 20% of the amount of the Pre-Incentive Fee Net Investment Income for any calendar quarter with respect to that portion
of the Pre-Incentive Fee Net Investment Income for such calendar quarter, if any, that exceeds 2.1875% (8.75% annualized).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 18; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;Pre-Incentive
Fee Net Investment Income&rdquo; is defined as interest income, dividend income and any other income (including any other fees
(other than fees for providing managerial assistance), such as commitment, origination, structuring, diligence and consulting
fees or other fees that the Company receives from portfolio companies) accrued by the Company during the relevant calendar quarter,
minus the Company&rsquo;s operating expenses for such calendar quarter (including the Base Management Fee, expenses payable under
the Administration Agreement, and any interest expense and dividends paid on any issued and outstanding preferred stock, but excluding
any portion of Incentive Fee).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Beginning
two years and three months after execution of the Investment Management Agreement, the Income Based Fee will also be subject to
a look-back requirement that builds up to a trailing twelve-quarter period whereby the Company will pay the Adviser no more than
20% of the aggregate Pre-Incentive Fee Net Investment Income earned during such period less any net capital losses incurred during
such period. The Income Based Fee is subject to terms and conditions as described in &ldquo;Proposal 3 &ndash; Approval of the
Investment Management Agreement Proposal &#8210; Incentive Fee.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Capital Gains Fee will be 20% of the cumulative net realized capital gains, which will be determined and payable in arrears as
of the end of each calendar year (or upon termination of the Investment Management Agreement), commencing with the calendar year
ending on December 31, 2019.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Entry
into the Investment Management Agreement by the Company and the Adviser is a condition to Closing under the Stock Purchase Agreement.
For more information regarding the Investment Management Agreement, please see the section of this proxy statement captioned &ldquo;Proposal
3 &ndash; Approval of the Investment Management Agreement Proposal &ndash; Terms of the Investment Management Agreement.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="p_024"></A>The
Administration Agreement</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Upon
Closing, the Company will enter into the Administration Agreement with the Adviser. Under the terms of the Administration Agreement,
the Adviser will agree to perform (or oversee, or arrange for, the performance of) the administrative services necessary for the
operation of the Company, including, but not limited to, office facilities, equipment, clerical, bookkeeping, finance, accounting,
compliance and record keeping services at such office facilities and such other services as the Adviser, subject to review by
the Board, will from time to time determine to be necessary or useful to perform its obligations under the Administration Agreement.
The Adviser will also, on behalf of the Company and subject to the Board&rsquo;s approval, arrange for the services of, and oversee,
custodians, depositories, transfer agents, dividend disbursing agents, other shareholder servicing agents, accountants, attorneys,
underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and such other persons in any such other capacity deemed
to be necessary or desirable.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Company will reimburse the Adviser for the costs and expenses incurred by it in performing its obligations and providing personnel
and facilities under the Administration Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
more information regarding the Administration Agreement, please see the section of this proxy statement captioned &ldquo;Proposal
3 &ndash; Approval of the Investment Management Agreement Proposal &#8210; Terms of the Administration Agreement.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="p_025"></A>Required
Regulatory Approvals</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Company and the Adviser will not enter into the Investment Management Agreement until the Adviser has registered as an investment
adviser under the Advisers Act. The Company and the Adviser will enter into the Investment Management Agreement as a condition
to the Closing of the Stock Purchase Transaction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other
than registration of the Adviser as an investment adviser under the Advisers Act, we are unaware of any other material federal,
state or foreign regulatory requirements or approvals required to be received prior to entry into the Investment Management Agreement
by the Company and the Adviser.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 19; Options: NewSection; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><A NAME="z_001"></A>Comparison of Fiscal Year 2018
Operating Expenses and Pro Forma Operating Expenses Under Investment Management Agreement</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">The table below compares the compensation
expenses and general and administrative expenses incurred by the Company as an internally managed BDC for the year ended December
31, 2018 to the pro forma annual advisory fees and administrative expenses calculated as if the Investment Management Agreement
and Administration Agreement had been in place for the year ended December 31, 2018.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1.5pt solid; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Annual
    Compensation Expenses, General and</B></FONT><BR>
    <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Administrative Expense, and Advisory Fees</B></FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1.5pt solid"><P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Existing</B></P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Internally</B></P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Managed Cost</B></P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Structure for</B><BR>
        <B>the year ended</B><BR>
        <B>December 31, 2018</B></P></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1.5pt solid; text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Pro
    Forma Annual Advisory Fees and Administrative Expenses for the </B></FONT><BR>
    <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>year ended </B></FONT><BR>
    <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>December 31, 2018</B></FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1.5pt solid"><P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Difference</B></P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>($)</B></P></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1.5pt solid; text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Difference
    (%)</B></FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; width: 42%; padding-left: 10pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Compensation
    Expenses<SUP>(1)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 14%; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">999,317</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 14%; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">n/a</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 9%; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">n/a</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; line-height: 107%">&nbsp;</TD>
    <TD STYLE="width: 1%; line-height: 107%">&nbsp;</TD>
    <TD STYLE="width: 1%; line-height: 107%">&nbsp;</TD>
    <TD STYLE="width: 9%; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">n/a</FONT></TD>
    <TD STYLE="width: 1%; line-height: 107%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 10pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">General
    and Administrative Expenses<SUP>(2)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">883,356</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">684,130</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$
    </FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(199,226</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(22.6</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)%</FONT></TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; padding-left: 10pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Base
    Management Fee<SUP>(3)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">n/a</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">515,535</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">n/a</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">n/a</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 10pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Incentive
    Fees<SUP>(4)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1.5pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1.5pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">n/a</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1.5pt solid; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1.5pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8210;</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1.5pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1.5pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">n/a</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">n/a</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; padding-left: 10pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,882,673</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,199,665</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(683,008</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(36.3</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)%</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">(1) Consists of expenses currently
set forth in the line items titled &ldquo;Salaries,&rdquo; &ldquo;Profit sharing and bonuses&rdquo; and &ldquo;Employee benefits&rdquo;
from the Company&rsquo;s consolidated statement of operations for the year ended December 31, 2018, as disclosed in the Company&rsquo;s
Annual Report on Form 10-K for the year ended December 31, 2018, which was filed with the SEC on March 7, 2019.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">(2) Consists of expenses currently
set forth in the line items titled &ldquo;Directors&rsquo; fees,&rdquo; &ldquo;Professional fees,&rdquo; &ldquo;Shareholders
and office operating,&rdquo; &ldquo;Insurance,&rdquo; &ldquo;Corporate development,&rdquo; and &ldquo;Other operating&rdquo; from
the Company&rsquo;s consolidated statement of operations for the year ended December 31, 2018, as disclosed in the Company&rsquo;s
Annual Report on Form 10-K for the year ended December 31, 2018, which was filed with the SEC on March 7, 2019. Based upon the
financial analysis completed by the Company and the Adviser in connection with the Transactions, the Company projects a decrease
in its general and administration expenses on a pro forma basis for the year ended December 31, 2018 if the Investment Management
Agreement had been in place for the year ended December 31, 2018 because certain expenses that were previously incurred and paid
by the Company under its internal management structure are expected to become expenses of the Adviser under the terms of the Investment
Management Agreement, which expenses are expected to be paid in full by the Adviser and are not expected to be submitted for reimbursement
by the Company.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">(3) Base Management Fee for the
year ended December 31, 2018 was calculated based upon the Company&rsquo;s total assets (other than cash or cash equivalents but
included assets purchased with borrowed funds) owned during the year ended December 31, 2018, and was not calculated to reflect
the Company&rsquo;s expected ownership of the Contributed Investment Assets, assuming completion of the Stock Purchase Transaction.
As of December 31, 2018, the parties have determined that the Contributed Investment Assets have a Contributed Investment Assets
Fair Value of $11.6 million.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">(4) Under the terms of the Investment Management Agreement,
no Incentive Fees would have been payable by the Company to the Adviser during the year ended December 31, 2018.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 20; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="v_001"></A>The
Proposals To Be Voted on at the Special Meeting</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
connection with the Transactions, the Board, pursuant to this proxy statement, is submitting the following proposals to the Shareholders
for approval:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; text-align: justify; vertical-align: top; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 0.5in; font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Proposal
    1 &ndash; Approval of the Sale Below NAV Proposal;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; vertical-align: top; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; vertical-align: top; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Proposal
    2 &ndash; Approval of the Nasdaq Proposal;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; vertical-align: top; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; vertical-align: top; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Proposal
    3 &ndash; Approval of the Investment Management Agreement Proposal;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; vertical-align: top; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; vertical-align: top; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Proposal
    4 &ndash; Approval of the Certificate of Incorporation Amendment Proposal; and</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; vertical-align: top; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; vertical-align: top; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-indent: 0in; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Proposal
    5 &ndash; Approval of the Adjournment Proposal.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Neither
of the Transactions will be completed unless each of (i) the Sale Below NAV Proposal, (ii) the Nasdaq Proposal, (iii) the Investment
Management Agreement Proposal and (iv) the Certificate of Incorporation Amendment Proposal are approved. Entry into the Investment
Management Agreement, the Administration Agreement and the Shareholder Agreement are conditions to Closing for the Stock Purchase
Transaction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
more information regarding the Sale Below NAV Proposal, please see the section of this proxy statement captioned &ldquo;Proposal
1 &ndash; Approval of the Sale Below NAV Proposal.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
more information regarding the Nasdaq Proposal, please see the section of this proxy statement captioned &ldquo;Proposal 2 &ndash;
Approval of the Nasdaq Proposal.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
more information regarding the Investment Management Agreement Proposal, please see the section of this proxy statement captioned
&ldquo;Proposal 3 &ndash; Approval of the Investment Management Agreement Proposal.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
more information regarding the Certificate of Incorporation Amendment Proposal, please see the section of this proxy statement
captioned &ldquo;Proposal 4 &ndash; Approval of the Certificate of Incorporation Amendment Proposal.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
more information regarding the adjournment of the special meeting, if necessary or appropriate, to solicit additional proxies
if there are insufficient votes at the time of the special meeting to approve (i) the Sale Below NAV Proposal, (ii) the Nasdaq
Proposal, (iii) the Investment Management Agreement Proposal or (iv) the Certificate of Incorporation Amendment Proposal, please
see the section of this proxy statement captioned &ldquo;Proposal 5 &ndash; Adjournment of the Special Meeting Proposal.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="v_002"></A>Recommendation
of the Board</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The
Board has unanimously determined that the transaction contemplated by the Stock Purchase Agreement and the Company&rsquo;s entry
into the Investment Management Agreement are advisable and in the best interests of the Company and its Shareholders.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The
Board unanimously recommends that you vote &ldquo;FOR&rdquo; (i) the Sale Below NAV Proposal, (ii) the Nasdaq Proposal, (iii)
the Investment Management Agreement Proposal, (iv) the Certificate of Incorporation Amendment Proposal, and (v) the Adjournment
Proposal.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="v_003"></A>The
Special Meeting</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="v_004"></A>Date,
Time and Place</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
special meeting will be held on May 16, 2019, at 1:00 p.m., local time, at The Buffalo Club, the Millard Fillmore
Room, 388 Delaware Avenue, Buffalo, New York, 14202 (Business Attire Required).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 21; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="v_005"></A>Shares
Entitled to Vote</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
you are a holder of Common Stock, you are entitled to one vote at the special meeting for each share of Common Stock that you
held as of the close of business on April 12, 2019 (the &ldquo;<U>Record Date</U>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="v_006"></A>Quorum</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">As
of the Record Date, there were 6,321,988 shares of Common Stock outstanding and entitled to vote at the special meeting.
Under the BCL and our by-laws, the presence, in person or by proxy, of the holders of a majority of the outstanding shares of
Common Stock entitled to vote at the special meeting is necessary to constitute a quorum of the Shareholders to take action at
the special meeting. The shares of Common Stock that are present at the special meeting or represented by a proxy will be counted
for quorum purposes. Proxies submitted with abstentions and broker non-votes will be counted in determining whether or not a quorum
is present.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="v_007"></A>Approval
Standards</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Sale
Below NAV Proposal</U>: Approval of the Sale Below NAV Proposal requires the affirmative vote of holders of a &ldquo;majority
of the outstanding voting securities&rdquo; as defined in the 1940 Act, of (i) the outstanding shares of Common Stock and (ii)
the outstanding shares of Common Stock held by persons that are not affiliated persons, as defined in the 1940 Act, of the Company.
Under the 1940 Act, the vote of holders of a &ldquo;majority of the outstanding voting securities&rdquo; means the vote of the
holders of the lesser of (a) 67% or more of the voting securities present or represented by proxy at the special meeting if the
holders of more than 50% of the voting securities are present or represented by proxy or (b) more than 50% of the outstanding
voting securities. An &ldquo;affiliated person&rdquo; is defined under the 1940 Act to include officers, directors and employees
of the Company and holders of 5% or more of the outstanding Common Stock.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Nasdaq
Proposal</U>: Approval of the Nasdaq Proposal requires the affirmative vote of the holders of a majority of the votes cast on
this proposal at the special meeting.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Investment
Management Agreement Proposal</U>: Approval of the Investment Management Agreement Proposal requires the affirmative vote of holders
of at least a &ldquo;majority of the outstanding voting securities&rdquo; as defined in the 1940 Act. Under the 1940 Act, the
vote of holders of a &ldquo;majority of the outstanding voting securities&rdquo; means the vote of the holders of the lesser of
(a) 67% or more of the voting securities present or represented by proxy at the special meeting if the holders of more than 50%
of the voting securities are present or represented by proxy or (b) more than 50% of the outstanding voting securities.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Certificate
of Incorporation Amendment Proposal</U>: Approval of the Certificate of Amendment Proposal requires the affirmative vote of the
holders of a majority of the outstanding shares of Common Stock.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Adjournment
Proposal</U>: Approval of the Adjournment Proposal requires the affirmative vote of the holders of a majority of shares of Common
Stock present in person or represented by proxy and entitled to vote on the matter.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Abstentions
and broker non-votes, which occur when you do not provide voting instructions to your bank, broker or other nominee when your
shares are held in &ldquo;street name,&rdquo; will have the same effect as a vote &ldquo;AGAINST&rdquo; (i) the Sale Below NAV
Proposal, (ii) the Investment Management Agreement Proposal, and (iii) the Certificate of Incorporation Amendment Proposal. Abstentions
will have the same effect as a vote &ldquo;<FONT STYLE="text-transform: uppercase">against</FONT>&rdquo; the Adjournment Proposal
and broker non-votes will have no effect on the vote for the Adjournment Proposal. Abstentions and broker non-votes will have
no effect on the Nasdaq Proposal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="v_008"></A>Share
Ownership of Our Directors and Executive Officers</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">As
of the Record Date, our directors and executive officers beneficially owned and were entitled to vote, in the aggregate, 611,542
shares of Common Stock, representing approximately 9.67% of the combined voting power of the shares of Common Stock
outstanding on the Record Date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 22; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="v_009"></A>Voting
and Proxies</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Any
Shareholder of record entitled to vote at the special meeting may submit a proxy by returning a signed proxy card by mail in the
accompanying prepaid reply envelope or by granting a proxy electronically over the Internet or by telephone, or may vote in person
by appearing at the special meeting. If you are a beneficial owner and you hold your shares of Common Stock in &ldquo;street name&rdquo;
through a bank, broker or other nominee, you should instruct your bank, broker or other nominee as to how you wish to vote your
shares of Common Stock using the instructions provided by your bank, broker or other nominee. Under applicable stock exchange
rules, banks, brokers or other nominees have the discretion to vote on routine matters. The proposals to be considered at the
special meeting are non-routine matters, and banks, brokers and other nominees cannot vote on these proposals without your instructions.
<B>Therefore, it is important that you cast your vote or instruct your bank, broker or nominee as to how you wish to vote your
shares of Common Stock.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
you are a Shareholder of record, you may change your vote or revoke your proxy at any time before it is voted at the special meeting
by (i) signing another proxy card with a later date and returning it prior to the special meeting, (ii) submitting a new proxy
electronically over the Internet or by telephone after the date of the earlier submitted proxy, (iii) delivering a written notice
of revocation to the Company or (iv) attending the special meeting and voting in person by ballot.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
you hold your shares of Common Stock in &ldquo;street name,&rdquo; you should contact your bank, broker or other nominee for instructions
regarding how to change your vote. You may also vote in person at the special meeting if you obtain a &ldquo;legal proxy&rdquo;
from your bank, broker or other nominee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 23; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="v_010"></A>QUESTIONS
AND ANSWERS</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
following questions and answers address some commonly asked questions regarding the Stock Purchase Transaction, the Externalization
Transaction and the special meeting. These questions and answers may not address all of the questions that are important to you.
We encourage you to read carefully the more detailed information contained elsewhere in this proxy statement and the appendices
to this proxy statement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Why
    did you send me this proxy statement?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
    sent you this proxy statement and the enclosed proxy card because the Board would like you to vote at the special meeting
    either in person, or by proxy on the enclosed card. You can also vote on the internet at www.AALVote.com/RAND or by phone
    by calling 1-866-804-9616.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>When
    and where will the special meeting take place?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    special meeting will take place at The Buffalo Club, the Millard Fillmore Room, 388 Delaware Avenue, Buffalo, New York,
    14202 (Business Attire Required), on May 16, 2019, at 1:00 p.m., local time. See &ldquo;The Special Meeting&rdquo;
    beginning on page 30 for more information.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Why
    is the Company holding a special meeting?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
    are holding a special meeting to ask our Shareholders to approve several proposals that are required in order to complete
    the Transactions. We believe these Transactions are important in the transformation of the Company to drive future growth
    and to increase Shareholder value. As described in greater detail under &ldquo;The Stock Purchase Transaction &#8210; Background
    of the Transactions&rdquo; beginning on page 37, the Board, including the Strategic Committee (as defined herein),
    has been considering potential alternatives to enhance Shareholder value for a significant period of time, and believes that
    the Transactions represent a transformative opportunity for future growth for the Company. In addition, following the completion
    of the Transactions, the Company intends to declare and pay the Special Dividend to Shareholders and adopt a new dividend
    policy that includes regular cash dividends to Shareholders.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
order to complete the Transactions, we need Shareholder approval of the Certificate of Incorporation Amendment Proposal to increase
the number of shares of Common Stock authorized for issuance under the Certificate of Incorporation and the Sale Below NAV Proposal
and the Nasdaq Proposal to sell approximately 8.3 million shares of Common Stock at a price of $3.00 per share of Common Stock
to East in the Stock Purchase Transaction. Because the price per share of Common Stock in the Stock Purchase Transaction is below
the Company&rsquo;s current net asset value (&ldquo;<U>NAV</U>&rdquo;) per share of Common Stock, this sale requires your approval
under the Sale Below NAV Proposal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
also need your approval to enter into the Investment Management Agreement and hire the Adviser as the investment adviser for the
Company under the Investment Management Agreement Proposal in connection with the Externalization Transaction. We believe that
the external management structure under the Investment Management Agreement whereby the Adviser is hired as the investment adviser
for the Company, provides a better structure to grow our investment portfolio and is expected to reduce our expense-to-asset ratio
as we grow.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Keep
in mind that, despite it being our intention to declare and pay the Special Dividend to Shareholders after the completion of the
Transactions, we cannot assure you that the Special Dividend, or any other dividend or distribution, will be paid to Shareholders
after the completion of the Transactions or at all, or that the Company will ever adopt a new dividend policy that includes regular
cash dividends to Shareholders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 24; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Who
    is entitled to vote?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Holders
    of Common Stock as of the close of business on the Record Date are entitled to notice of, and to vote at, the special meeting
    and any postponements or adjournments of the special meeting. See &ldquo;The Special Meeting&rdquo; beginning on page 30 for
    more information.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>What
    is the quorum required for the special meeting?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
    the BCL and our by-laws, the presence, in person or by proxy, of the holders of a majority of the outstanding shares of Common
    Stock entitled to vote at the special meeting is necessary to constitute a quorum of Shareholders. A quorum is required for
    us to take action at the special meeting. The shares of Common Stock that are present at the special meeting or represented
    by a proxy will be counted for quorum purposes. Proxies submitted with abstentions and broker non-votes will be counted in
    determining whether or not a quorum is present. See &ldquo;The Special Meeting&rdquo; beginning on page 30 for more information.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Who
    is East Asset Management?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">East
    is an entity owned by Terry and Kim Pegula that was formed in 2010 and is dedicated to investing in private and public market
    securities. East has formed multiple investment vehicles that provide capital to a variety of industries including energy,
    media, real estate, hospitality, sports and entertainment. East has developed a network for sourcing investment opportunities,
    including opportunities in the private credit and current yield space, leveraging both its in-house and affiliated investment
    talent and capabilities. The Pegulas are also owners of Pegula Sports &amp; Entertainment &ndash; the management company streamlining
    key business areas across all Pegula family-owned sports and entertainment properties including the Buffalo Bills, Buffalo
    Sabres, Buffalo Bandits, Rochester Americans, Harborcenter, Black River Entertainment, ADPRO Sports, PicSix Creative agency
    and numerous hospitality properties.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Why
    should I support these proposals?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
    believe the strategic investment by East into the Company in the Stock Purchase Transaction is both a testament to the success
    of our organization and a transforming opportunity for future growth. The portfolio assets to be contributed by East as part
    of the consideration in the Stock Purchase Transaction provide us greater scale with more income-producing securities that
    are expected to increase our net investment income, while the cash consideration to be paid by East in the Stock Purchase
    Transaction enhances our liquidity and is expected to enable further expansion of our investment portfolio. Furthermore, the
    price per share of Common Stock to be sold to East under the Stock Purchase Transaction of $3.00 per share represents a 33%
    premium per share over the closing price of Common Stock on January 24, 2019 (the trading day immediately prior to the announcement
    of the Transactions). We also expect the Externalization Transaction to reduce our expense-to-asset ratio as we grow, thereby
    improving our earnings power. Following the completion of the Transactions, subject to Board approval, we intend to pay the
    Special Dividend to Shareholders and adopt a new dividend policy that includes regular cash dividends to Shareholders.</FONT></TD></TR>

<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Does
    the Externalization Transaction have the effect of just benefiting the Company&rsquo;s existing management?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No,
    the Company&rsquo;s existing management team will only become employees of the Adviser, similar to their current roles and
    positions as employees and officers of the Company. The Company&rsquo;s existing management team will not have an equity ownership
    stake in the Adviser, rather the Adviser will initially be owned only by East and Brian Collins. In addition, the Company&rsquo;s
    existing management team, to the extent that they remain Shareholders as of the record date for the payment of the intended
    Special Dividend, if any, following the Closing date, will receive the same Special Dividend amount per share of Common Stock
    as all other Shareholders.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Is
    the Company&rsquo;s NAV being diluted given East is acquiring shares in the Stock Purchase Transaction at a price below NAV
    per share?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">While
    the investment by East in the Stock Purchase Transaction at a purchase price per share below the Company&rsquo;s current NAV
    per share has the effect of diluting the Company&rsquo;s NAV per share, the $3.00 per share purchase price in the Stock Purchase
    Transaction represents a significant premium of 33% over the closing price of the Common Stock on January 24, 2019, the day
    prior to the announcement of the Stock Purchase Transaction.&nbsp;The Company&rsquo;s current strategy that involves returning
    value to Shareholders through public share price appreciation is not believed to be in favor among many investors, which the
    Company believes has resulted in the Common Stock consistently trading at public share prices below the Company&rsquo;s then-current
    NAV per share. With the investment from East, the Board believes that the Company, which will continue to trade on the Nasdaq,
    can potentially provide Shareholders with improved total returns. Total return would be in the form of appreciation of the
    Common Stock from potential improved valuation, greater scale and the opportunity for growth, as well as through an intended
    ongoing dividend.<I>&nbsp;</I></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>How
    can I be confident that the Contributed Investment Assets Fair Value to be used in the Stock Purchase Transaction for purposes
    of valuing the Contributed Investments Assets represents the fair value for those assets?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    Company&rsquo;s management has applied the same discipline, and used the same debt and equity valuation methodologies, to
    evaluate and determine the fair value of the Contributed Investment Assets as it uses to value the debt and equity investments
    that currently are part of the Company&rsquo;s portfolio.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>

<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><P STYLE="margin: 0"><B>Pursuant
                                         to the rules and regulations of the SBA, Rand SBIC is required to obtain approval of
                                         the Stock Purchase Transaction from the SBA in order for Rand SBIC to retain its SBA
                                         license and for Rand SBIC&rsquo;s SBA debentures to remain outstanding after Closing.
                                         What will be the effect if Rand SBIC is not able to obtain such approval from the SBA?</B></P>


<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>



</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><B>A:</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top">To the extent Rand SBIC
    does not receive the approval from the SBA, Rand SBIC may be required to repay its outstanding SBA debentures and relinquish
    the related SBA license, or its SBA debentures may not be able to remain outstanding after the Closing.</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Why
    are the Shareholders being asked to vote on the Sale Below NAV Proposal?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">As
    part of the Stock Purchase Transaction, the Company is selling shares of Common Stock at a price of $3.00 per share to East.
    This sale price per share of Common Stock is less than the Company&rsquo;s current NAV per share of Common Stock. We require
    your approval because under Section 63(2) of the 1940 Act, a BDC is only allowed to sell shares of Common Stock for less than
    the Company&rsquo;s current NAV per share of Common Stock without violating Section 23(b) of the 1940 Act if such sale is
    approved by affirmative vote of holders of at least a &ldquo;majority of the outstanding voting securities,&rdquo; as defined
    in the 1940 Act, of (i) the outstanding shares of Common Stock and (ii) the outstanding shares of Common Stock held by persons
    that are not affiliated persons, as defined in the 1940 Act, of the Company. The Board has approved the Sale Below NAV Proposal
    and has recommended the Shareholders vote &ldquo;<FONT STYLE="text-transform: uppercase"><B>For</B></FONT>&rdquo; the Sale
    Below NAV Proposal.</FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>


<!-- Field: Page; Sequence: 25; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Why
    are the Shareholders being asked to vote on the Nasdaq Proposal?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Our
    shares of Common Stock are listed for trading on Nasdaq, which requires us to abide by the listing rules established by Nasdaq.
    Under Rule 5635 of the Nasdaq Listing Rules, specifically Nasdaq Listing Rules 5635(a) and 5635(b), Shareholder approval is
    required because the issuance to East of shares of Common Stock in the Stock Purchase Transaction in exchange for cash consideration
    and investment assets results in (i) the issuance of shares of Common Stock (a) having voting power equal to or in excess
    of 20% of the voting power of the Common Stock outstanding prior to the issuance of the Common Stock to East in the Stock
    Purchase Transaction and (b) in excess of 20% of the number of shares of Common Stock outstanding prior to the issuance of
    the Common Stock to East in the Stock Purchase Transaction, and (ii) a change of control (as defined by the Nasdaq Listing
    Rules) of the Company. The Board has approved the Nasdaq Proposal and has recommended the Shareholders vote &ldquo;<FONT STYLE="text-transform: uppercase"><B>For</B></FONT>&rdquo;
    the Nasdaq Proposal.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>What
    is the Externalization Transaction?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
                                         Company is currently internally managed by its executive officers under the supervision
                                         of its Board, and, as such, the Company incurs the operating costs associated with employing
                                         officers and employees. The Externalization Transaction will provide for the management
                                         of the Company&rsquo;s investment portfolio by an external investment adviser that
                                         has expertise in financial due diligence and evaluation of potential investments
                                         and access to a network of family offices that the Board believes will enhance
                                         the Company&rsquo;s access to investment opportunities and investment decision process.
                                         In addition, the Adviser and the Company will benefit from the continuity and experience
                                         provided by having Allen F. &ldquo;Pete&rdquo; Grum serve as President and Chief Executive
                                         Officer of the Adviser and Daniel P. Penberthy serve as Executive Vice President and
                                         Chief Financial Officer of the Adviser. If the Transactions are completed and the
                                         Adviser becomes the Company&rsquo;s external investment adviser, the Company will be
                                         responsible for paying the Adviser the investment advisory fees set forth in the Investment
                                         Management Agreement for the Adviser&rsquo;s management of the Company&rsquo;s investment
                                         portfolio. The Company anticipates that having the Adviser serve as investment adviser
                                         and administrator to the Company, under the Investment Management Agreement and the Administration
                                         Agreement, respectively, will reduce the Company&rsquo;s expense-to-asset ratio. For
                                         more information, see &ldquo;Proposal 3 &ndash; Approval of the Investment Management
                                         Agreement Proposal &ndash; Proposed Externalization of the Company&rsquo;s Management&rdquo;
                                         beginning on page 83.</FONT></P>


</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Why
    are the Shareholders being asked to vote on the Investment Management Agreement?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shareholders
    are being asked to approve the Company&rsquo;s entry into the Investment Management Agreement under which the Adviser will
    become the investment adviser of the Company because such approval is required by the 1940 Act. The 1940 Act makes it unlawful
    for any person or entity to serve as an investment adviser to a BDC, except under a written contract that has been approved
    by a majority vote of a BDC&rsquo;s shareholders and the Board. The Board has approved the Investment Management Agreement
    and has recommended the Shareholders vote &ldquo;<FONT STYLE="text-transform: uppercase"><B>For</B></FONT>&rdquo; the Investment
    Management Agreement Proposal.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Who
    will be the Company&rsquo;s investment adviser if the Investment Management Agreement is approved?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
    the Investment Management Agreement is approved by the Shareholders, Rand Capital Management LLC, a newly formed Delaware
    limited liability company, will become the Company&rsquo;s investment adviser. Upon the Closing of the Transactions, the Company&rsquo;s
    current executive officers and employees will terminate their employment with the Company and become employees of the Adviser.
    Allen F. &ldquo;Pete&rdquo; Grum will be retained as President and Chief Executive Officer of the Adviser, and Daniel P. Penberthy
    will be retained as Executive Vice President and Chief Financial Officer of the Adviser. Messrs. Grum and Penberthy will also
    serve as members of the Adviser&rsquo;s Investment Committee. For more information about the Adviser, see &ldquo;Proposal
    3 &ndash; Approval of the Investment Management Agreement Proposal &ndash; About the Adviser&rdquo; beginning on page 84.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 26; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Why
    are the Shareholders being asked to vote on the Certificate of Incorporation Amendment Proposal?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shareholders
                                         of the Company are being asked to approve the Certificate of Incorporation Amendment
                                         Proposal, under which the Certificate of Incorporation will be amended to increase the
                                         number of authorized shares of Common Stock from 10 million shares of Common Stock to
                                         100 million shares of Common Stock, in order to allow the Company to have sufficient
                                         authorized, but unissued, shares of Common Stock. The additional authorized shares of
                                         Common Stock are needed in order to complete the Stock Purchase Transaction, distribute
                                         shares of Common Stock to Shareholders in the stock portion of the intended Special Dividend,
                                         and for use in general corporate purposes after the completion of the Transactions. Specifically,
                                         in connection with the Stock Purchase Transaction, the Company will issue 8,333,333.33
                                         shares of Common Stock to East. Given that the Company, as of the Record Date, has 6,321,988
                                         shares of Common Stock issued and outstanding and only 3,678,012 additional
                                         shares of Common Stock authorized and available for issuance under its Certificate of
                                         Incorporation, and the fact that the Company does not anticipate repurchasing or redeeming
                                         any shares of Common Stock that are issued and outstanding prior to the Closing, an amendment
                                         to increase the number of authorized shares of Common Stock is required to allow for
                                         the issuance contemplated by the Stock Purchase Agreement. The Board has approved the
                                         Certificate of Incorporation Amendment Proposal and has recommended the Shareholders
                                         vote &ldquo;<FONT STYLE="text-transform: uppercase"><B>For</B></FONT>&rdquo; the Certificate
                                         of Incorporation Amendment Proposal.</FONT></P>


</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Why
    are the Shareholders being asked to vote on the Adjournment Proposal?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">While
    the presiding officer of the special meeting may adjourn the special meeting in his or her discretion under the terms of our
    by-laws, Shareholders are also being asked to approve the Adjournment Proposal in order to allow the Company to solicit additional
    proxies if there are insufficient votes at the time of the special meeting to approve (i) the Sale Below NAV Proposal, (ii)
    the Nasdaq Proposal, (iii) the Investment Management Agreement Proposal and (iv) the Certificate of Incorporation Amendment
    Proposal.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>If
    the proposals are approved, will the Shareholders receive any special dividend or distribution from the Company in connection
    with the completion of the Transactions?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shareholders
    will not receive a distribution from the Company in connection with the completion of the Transactions. However, after the
    completion of the Transactions, the Company intends to declare and pay the Special Dividend to Shareholders in an amount equal
    to the Company&rsquo;s &ldquo;accumulated earnings and profits&rdquo; for tax purposes since the Company&rsquo;s inception.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Following
    payment of the intended Special Dividend and contingent upon meeting certain tax-related conditions, the Company also expects
    to elect to be taxed for U.S. tax purposes as a RIC, and in connection therewith, subject to Board approval, expects to adopt
    a new dividend policy that includes regular cash dividends to Shareholders. Keep in mind that despite it being our intention
    to declare and pay the Special Dividend to Shareholders after the completion of the Transaction, we cannot assure you that
    the Special Dividend, or any other dividend or distribution, will be paid to Shareholders after the completion of the Transactions
    or at all, or that the Company will ever adopt a new dividend policy that includes regular cash dividends to Shareholders.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Will
    there be future on-going, regular dividends?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">After
    payment of the intended Special Dividend and contingent upon meeting certain tax-related conditions, the Company expects to
    elect to be taxed for U.S. tax purposes as a RIC, and in connection therewith, subject to Board approval, expects to adopt
    a new dividend policy that includes regular cash dividends to Shareholders.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">However,
                                         despite it being our current intention to declare and pay the Special Dividend
                                         to Shareholders after the completion of the transactions, because any such dividend payment
                                         will require action of the Board in the future based on relevant factors and considerations
                                         affecting the Company at that time, we cannot assure you that the Special Dividend,
                                         or any other dividend or distribution, will be paid to Shareholders after the completion
                                         of the transactions or at all, or that the Company will ever adopt a new dividend
                                         policy that includes regular cash dividends to Shareholders.</FONT></P>


</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 27; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.5in; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>What
    is the future strategy of the Company?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">After
    the Closing, we expect to communicate further about our plans to grow our investment portfolio and Shareholder value. We expect
    that the Adviser will shift the Company&rsquo;s investment strategy towards investing in more interest-yielding debt securities.
    We believe that quality, middle market companies are currently underserved by traditional financial institutions and there
    is abundant opportunity to put capital to work in this space. This investment strategy is also supportive of our intent, subject
    to Board approval, to establish an on-going dividend policy that includes regular cash dividends to Shareholders after we
    meet the necessary requirements to elect to be taxed for U.S. tax purposes as a RIC. </FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Will
    the ownership of the Company by its current Shareholders change if the proposals are approved and the Transactions are consummated?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">After
    the Closing, East will own approximately 57% of the Company&rsquo;s issued and outstanding shares of Common Stock. Given that
    8,333,333.33 shares of Common Stock will be issued to East in the Stock Purchase Transaction at a price per share below the
    Company&rsquo;s per share NAV, you will suffer substantial dilution upon completion of the Stock Purchase Transaction. See
    &ldquo;Risk Factors &#8210; Completion of the Stock Purchase Transaction will result in substantial dilution to existing holders
    of Common Stock&rdquo; and &ldquo;Proposal 1 &ndash; Approval of the Sale Below NAV Proposal &ndash; Key Shareholder Considerations
    - Dilutive Effect of the Issuance of Shares Below NAV&rdquo; for additional information.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Will
    the Company continue to be a publicly-traded BDC after closing of the Transactions?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Yes,
    after the Closing of the Transactions, the Company will continue to be a BDC and its shares of Common Stock will continue
    to be listed on Nasdaq.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Will
    the Company&rsquo;s name change?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>What
    are the Base Management Fees payable by the Company under the Investment Management Agreement?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    Base Management Fee will be 1.50% per annum of the Company&rsquo;s total gross assets (other than cash or cash equivalents
    but including assets purchased with borrowed funds), determined according to procedures duly adopted by the Board.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>What
    are the Incentive Fees payable by the Company under the Investment Management Agreement?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    Incentive Fee payable under the Investment Management Agreement will consist of two parts: (1) the Income Based Fee and (2)
    the Capital Gains Fee. The Income Based Fee will be paid in each calendar quarter as follows: (i) no Income Based Fee in any
    quarter in which the Pre-Incentive Fee Net Investment Income for such quarter does not exceed the hurdle rate of 1.75% (7.00%
    annualized); (ii) 100% of the Pre-Incentive Fee Net Investment Income for any calendar quarter with respect to that portion
    of the Pre-Incentive Fee Net Investment Income for such calendar quarter, if any, that exceeds the hurdle rate of 1.75% (7.00%
    annualized) but is less than 2.1875% (8.75% annualized) and (iii) 20% of the amount of the Pre-Incentive Fee Net Investment
    Income for any calendar quarter with respect to that portion of the Pre-Incentive Fee Net Investment Income for such calendar
    quarter, if any, that exceeds 2.1875% (8.75% annualized).</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Beginning
    two years and three months after execution of the Investment Management Agreement, the Income Based Fee will also be subject
    to a look-back requirement that builds up to a trailing twelve-quarter period whereby the Company will pay the Adviser no
    more than 20% of the aggregate Pre-Incentive Fee Net Investment Income earned during such period less any net capital losses
    incurred during such period. The Income Based Fee is also subject to such additional terms and conditions as are described
    in &ldquo;Proposal 3 &ndash; Approval of the Investment Management Agreement Proposal&rdquo; beginning on page 81.</FONT></TD></TR>

<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    Capital Gains Fee will be 20% of the cumulative net realized capital gains, which will be determined and payable in arrears
    as of the end of each calendar year (or upon termination of the Investment Management Agreement), commencing with the calendar
    year ending on December 31, 2019.</FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"></P>

<!-- Field: Page; Sequence: 28; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"></P>

<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>How
    will the Company&rsquo;s operating costs associated with the management of its investment portfolio differ on a go-forward
    basis under the Investment Management Agreement?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Because
    the Company is currently internally managed by its executive officers under the supervision of its Board, the Company incurs
    the operating costs associated with employing officers and employees. If the Transactions are completed and the Adviser becomes
    the Company&rsquo;s external investment adviser, the Company will be responsible for paying the Adviser the investment advisory
    fees set forth in the Investment Management Agreement for the Adviser&rsquo;s management of the Company&rsquo;s investment
    portfolio. The Company anticipates that having the Adviser serve as investment adviser and administrator to the Company, under
    the Investment Management Agreement and the Administration Agreement, respectively, will reduce the Company&rsquo;s expense-to-asset
    ratio.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>What
    rights will East have with respect to the nomination of persons for election as directors to the Board?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
                                         connection with the Closing, the Company and East will enter into the Shareholder Agreement,
                                         under which East has the right to designate two or three persons, depending upon the
                                         size of the Board, for nomination for election to the Board. East will have the right
                                         to designate (i) up to two persons if the size of the Board is composed of fewer than
                                         seven directors or (ii) up to three persons if the size of the Board is composed of seven
                                         or more directors. The terms of the Shareholder Agreement also provide that East&rsquo;s
                                         right to designate a person for nomination for election to the Board under the Shareholder
                                         Agreement is to be the exclusive means by which East may designate or nominate persons
                                         for election to the Board and that East will not avail itself of any other means or rights
                                         to seek to designate or nominate a person to the Board. Upon Closing, it is expected
                                         that the Board will consist of five members, of which East will have the
                                         right to designate two persons for nomination for election to the Board.</FONT></P>


</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>What
    vote is required to approve the Sale Below NAV Proposal?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Approval
    of the Sale Below NAV Proposal requires the affirmative vote of holders of a &ldquo;majority of the outstanding voting securities&rdquo;
    as defined in the 1940 Act, of (i) the outstanding shares of Common Stock and (ii) the outstanding shares of Common Stock
    held by persons that are not affiliated persons, as defined in the 1940 Act, of the Company. Under the 1940 Act, the vote
    of holders of a &ldquo;majority of the outstanding voting securities&rdquo; means the vote of the holders of the lesser of
    (a) 67% or more of the voting securities present or represented by proxy at the special meeting if the holders of more than
    50% of the voting securities are present or represented by proxy or (b) more than 50% of the outstanding voting securities.
    An &ldquo;affiliated person&rdquo; is defined under the 1940 Act to include officers, directors and employees of the Company
    and holders of 5% or more of the outstanding Common Stock.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>What
    vote is required to approve the Nasdaq Proposal?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Approval
    of the Nasdaq Proposal requires the affirmative vote of the holders of a majority of the votes cast on this proposal at the
    special meeting.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>What
    vote is required to approve the Investment Management Agreement Proposal?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Approval
    of the Investment Management Agreement Proposal requires the affirmative vote of holders of at least a &ldquo;majority of
    the outstanding voting securities&rdquo; as defined in the 1940 Act. Under the 1940 Act, the vote of holders of a &ldquo;majority
    of the outstanding voting securities&rdquo; means the vote of the holders of the lesser of (a) 67% or more of the voting securities
    present or represented by proxy at the special meeting if the holders of more than 50% of the voting securities are present
    or represented by proxy or (b) more than 50% of the outstanding voting securities.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 29; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.5in; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>What
    vote is required to approve the Certificate of Incorporation Amendment Proposal?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Approval
    of the Certificate of Amendment Proposal requires the affirmative vote of the holders of a majority of the outstanding shares
    of Common Stock.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>What
    vote is required to approve the Adjournment Proposal?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Approval
    of the Adjournment Proposal requires the affirmative vote of the holders of a majority of shares of Common Stock present in
    person or represented by proxy and entitled to vote on the matter.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Are
    (i) the Sale Below NAV Proposal, (ii) the Nasdaq Proposal, (iii) the Investment Management Agreement Proposal, and (iv) the
    Certificate of Incorporation Amendment Proposal contingent upon each other?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Yes,
    Shareholder approval of Sale Below NAV Proposal, the Nasdaq Proposal, the Investment Management Agreement Proposal, and the
    Certificate of Incorporation Amendment Proposal are each necessary in order to effectuate the Transactions. As a result, if
    any one of these proposals is not approved by the Shareholders, the other proposals will not be implemented, and the Transactions
    will not be consummated.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>What
    are the effects of abstaining or broker non-votes on each of the Proposals?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A
    broker non-vote occurs when a bank, broker or other nominee holding shares for a beneficial owner votes on some matters on
    the proxy card, but not on others, because the bank, broker or other nominee does not have instructions from the beneficial
    owner or discretionary authority (or declines to exercise discretionary authority) with respect to those other matters. We
    do not, however, expect many, if any, broker non-votes at the special meeting because there are no routine proposals to be
    voted on at the special meeting. For this reason, it is imperative that Shareholders vote or provide instructions to their
    bank, broker or other nominee as to how to vote.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Abstentions
    and broker non-votes will have the same effect as a vote &ldquo;AGAINST&rdquo; (i) the Sale Below NAV Proposal, (ii) the Investment
    Management Agreement Proposal, and (iii) the Certificate of Incorporation Amendment Proposal. Abstentions will have the same
    effect as a vote &ldquo;AGAINST&rdquo; the Adjournment Proposal and broker non-votes will have no effect on the vote for the
    Adjournment Proposal. Abstentions and broker non-votes will have no effect on the Nasdaq Proposal.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Proxies
    submitted with abstentions and broker non-votes will, however, be counted in determining whether or not a quorum is present.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>What
    if I want to change my vote or revoke my proxy?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A
    registered Shareholder may change his, her or its vote, or revoke his, her or its proxy at any time before it is voted at
    the special meeting by:</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; text-align: justify; vertical-align: top; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 0.25in; text-indent: 0in; font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0in; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">signing
    another proxy card with a later date and returning it to us prior to the special meeting;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; vertical-align: top; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in; font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; vertical-align: top; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-indent: 0in; font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">submitting
    a new proxy electronically over the Internet or by telephone as indicated on the proxy card after the date of the earlier
    submitted proxy;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; vertical-align: top; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in; font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; vertical-align: top; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-indent: 0in; font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">delivering
    a written notice of revocation to the Company; or</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; vertical-align: top; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in; font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; vertical-align: top; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-indent: 0in; font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">attending
    the special meeting and voting in person by ballot.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
you hold your shares of Common Stock in &ldquo;street name,&rdquo; you should contact your bank, broker or other nominee for instructions
regarding how to change your vote. You may also vote in person at the special meeting if you obtain a &ldquo;legal proxy&rdquo;
from your bank, broker or other nominee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 30; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Are
    there any expenses associated with collecting the Shareholder vote?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
    will bear all costs of soliciting proxies for the special meeting. We estimate that we will pay Alliance Advisors, LLC, our
    proxy solicitor, a fee of approximately $9,000 to solicit proxies, plus we will reimburse Alliance Advisors, LLC for all out-of-pocket
    expenses that they incur, though the cost of this proxy solicitation process could be lower or higher than our estimate. We
    may also reimburse brokers, nominees, fiduciaries and other custodians their reasonable fees and expenses for sending proxy
    materials to beneficial owners and obtaining their instructions.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Where
    can I find the voting results?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Voting
    results will be reported in a press release and Current Report on Form 8-K, which we will file with the SEC within four business
    days following the special meeting. All reports that the Company files with the SEC are publicly available when filed. For
    more information, please see the section of this proxy statement captioned &ldquo;Where You Can Find More Information&rdquo;
    on page 99.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>If
    my shares are held in &ldquo;street name&rdquo; by my bank, broker or other nominee, will my bank, broker or other nominee
    vote my shares for me?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Your
    bank, broker or other nominee will only be permitted to vote your shares held in street name if you instruct them how to vote.
    You should follow the procedures on the voting instruction card provided by your bank, broker or other nominee regarding the
    voting of your shares. The failure to instruct your bank, broker or other nominee how to vote your shares will have the same
    effect as voting &ldquo;AGAINST&rdquo; each of (i) the Sale Below NAV Proposal, (ii) the Investment Management Agreement Proposal
    and (iii) the Certificate of Incorporation Amendment Proposal.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>What
    does it mean if I receive more than one proxy card?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
    your shares are registered differently or in more than one account, you will receive more than one proxy card. Please sign
    and return all proxy cards to ensure that all of your shares are voted.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Who
    can help answer my other questions?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
    you have any questions concerning the special meeting or the accompanying proxy statement, would like additional copies of
    the accompanying proxy statement or need help voting your shares of Common Stock, please contact Alliance Advisors, LLC:</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Call
Toll-Free: (844) 853-0931</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">200
Broadacres Drive, 3<SUP>rd</SUP> Floor</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Bloomfield,
NJ 07003</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.5in; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>How
    does the Board recommend that I vote?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    Board unanimously recommends that you vote <B>&ldquo;FOR&rdquo;</B> each of (i) the Sale Below NAV Proposal, (ii) the Nasdaq
    Proposal, (iii) the Investment Management Agreement Proposal, (iv) Certificate of Incorporation Amendment Proposal and (v)
    the Adjournment Proposal.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Do
    I have appraisal or dissenter&rsquo;s rights in connection with the Transactions?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
    to the BCL and the Certificate of Incorporation, there are no appraisal or dissenters&rsquo; rights that apply to the execution,
    delivery and performance of the Stock Purchase Agreement or the consummation of the Transactions.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 31; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Are
    there any risks relating to the Stock Purchase Transaction and the other transactions described herein?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Yes,
    you should carefully read the sections of this proxy statement captioned &ldquo;Forward-Looking Statements&rdquo; and &ldquo;Risk
    Factors,&rdquo; and the sections captioned &ldquo;Risk Factors&rdquo; in the Company&rsquo;s most recent Annual Report on
    Form 10-K for the year ended December 31, 2018 and any subsequent quarterly reports on Form 10-Q.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>When
    are the Transactions expected to close?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
    currently expect the Closing to occur during the third quarter of 2019. However, the exact timing of the Closing cannot be
    predicted because it subject to the satisfaction or waiver of the closing conditions specified in the Stock Purchase Agreement,
    some of which are outside of our direct control.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Where
    is the proxy statement available?</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A:</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
    proxy statement, the Notice of Special Meeting of Shareholders and other documents of the Company on file with the SEC are
    available at www.randcapital.com or via the SEC&rsquo;s EDGAR home page at www.sec.gov/edgar.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 32; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><A NAME="v_011"></A>FORWARD-LOOKING
STATEMENTS</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Some
of the statements in this proxy statement may include &ldquo;forward-looking statements&rdquo; within the meaning of Section 21E
of the Securities Exchange Act of 1934, as amended (the &ldquo;<U>Exchange Act</U>&rdquo;). All statements, other than historical
facts, including but not limited to statements regarding the expected timing of the Closing; the ability of the Company to complete
the Transactions considering the various closing conditions set forth in the Stock Purchase Agreement, including receipt of necessary
Shareholder approvals and approval from the SBA; the Company&rsquo;s intention for it and Rand SBIC to elect to be taxed as RICs
for U.S. federal tax purposes; the intention to declare and pay a Special Dividend after the Closing; the intention to pay a regular
cash dividend after the Closing; the expected benefits of the Transactions such as a lower expense-to-asset ratio for the Company,
increased net investment income, availability of additional resources, expanded access to and sourcing platform for new investments
and streamlining of operations under the external management structure with the Adviser; the business strategy of originating
additional income producing investments; the competitive ability and position of the Company following the Closing; and any assumptions
underlying any of the foregoing, are forward-looking statements. Forward-looking statements concern future circumstances and results
and other statements that are not historical facts and are sometimes identified by the words &ldquo;may,&rdquo; &ldquo;will,&rdquo;
&ldquo;should,&rdquo; &ldquo;potential,&rdquo; &ldquo;intend,&rdquo; &ldquo;expect,&rdquo; &ldquo;endeavor,&rdquo; &ldquo;seek,&rdquo;
&ldquo;anticipate,&rdquo; &ldquo;estimate,&rdquo; &ldquo;overestimate,&rdquo; &ldquo;underestimate,&rdquo; &ldquo;believe,&rdquo;
&ldquo;could,&rdquo; &ldquo;project,&rdquo; &ldquo;predict,&rdquo; &ldquo;continue,&rdquo; &ldquo;target&rdquo; or other similar
words or expressions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to
be incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion
of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. Important
factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others,
(1) that one or more closing conditions set forth in the Stock Purchase Agreement may not be satisfied or waived, on a timely
basis or otherwise, including that the SBA may not approve the Stock Purchase Transaction or that the required approvals by the
Shareholders may not be obtained; (2) the risk that the Transactions may not be completed in the time frame expected by parties,
or at all; (3) the risk that the Company or Rand SBIC may be unable to fulfill the conditions required in order to elect to be
treated as RICs for U.S. federal tax purposes; (4) uncertainty of the expected financial performance of the Company following
completion of the Transactions; (5) failure to realize the anticipated benefits of the Transactions, including as a result of
delay in completing the Transactions; (6) the risk that the Board is unable or unwilling to declare and pay the Special Dividend
or declare and pay regular dividends on a going forward basis; (7) the occurrence of any event that could give rise to termination
of the Stock Purchase Agreement; (8) the risk that shareholder litigation in connection with the Transactions may affect the timing
or occurrence of the Transactions or result in significant costs of defense, indemnification and liability; (9) evolving legal,
regulatory and tax regimes; and (10) changes in general economic and/or industry specific conditions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with the other cautionary
statements that are included in this proxy statement and elsewhere, including the risk factors included herein and in the &ldquo;Risk
Factors&rdquo; sections of the Company&rsquo;s most recent Annual Report on Form 10-K and most recent later filed Quarterly
Report on Form 10-Q. The forward-looking statements in this proxy statement represent the Company&rsquo;s views as of the date
of this proxy statement. The Company anticipates that subsequent events and developments will cause its views to change. However,
while the Company may elect to update these forward-looking statements at some point in the future, it has no current intention
of doing so, except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements
as representing the Company&rsquo;s views as of any date subsequent to the date of this proxy statement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 33; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="v_012"></A>RISK
FACTORS</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition to the other information contained in this proxy statement and the risk factors cited in the &ldquo;Risk Factors&rdquo;
sections of the Company&rsquo;s most recent Annual Report on Form 10-K and most recent Quarterly Report on Form 10-Q, you should
also consider the following risk factors when deciding whether to vote to approve the proposals described in this proxy statement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>We
may not declare or pay the Special Dividend or begin to declare and pay regular cash dividends.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">As
described in this proxy statement, after the Closing, we intend to declare and pay the Special Dividend to Shareholders in an
amount equal to the Company&rsquo;s &ldquo;accumulated earnings and profits&rdquo; for tax purposes since the Company&rsquo;s
inception. In addition, in connection with our intended RIC Election, we expect to adopt a new dividend policy that includes regular
cash dividends to Shareholders. While we intend to declare and pay the Special Dividend and intend to adopt a new dividend policy
that includes regular cash dividends to Shareholders, we cannot assure you that we will declare and pay any dividends, including
the Special Dividend. All dividends, including the Special Dividend, will be paid at the discretion of our Board and will depend
on our earnings, our financial condition and, with respect to the payment of regular cash dividends, maintenance of our status
as a RIC and such other factors as our Board may deem relevant from time to time. In addition, with respect to Rand SBIC, any
dividend or distribution from Rand SBIC to the Company will need to be in compliance with the rules and regulations of the SBA
and, if Rand SBIC is unable to comply with the SBA&rsquo;s rules and regulations, require Rand SBIC to seek and obtain approval
or a waiver from the SBA in order to make any such dividend or distribution. We cannot assure you that Rand SBIC will be able
to obtain any such approval or waiver from the SBA. Furthermore, if the Transactions are not completed, without the Cash Consideration,
we will likely be unable to pay the Special Dividend to Shareholders or distribute our &ldquo;accumulated earnings and profits&rdquo;
as to be in the position to make the RIC Election, as we will have insufficient capital resources on hand to declare and pay the
Special Dividend. Our ability to declare and pay regular cash dividends will depend upon whether we achieve investment results
that will allow us to pay a specified level of cash dividends. Our ability to pay dividends might be adversely affected by, among
other things, the Adviser&rsquo; inability to successfully or timely execute on its investment strategy and the impact of one
or more of the other risk factors described herein.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>East
will exercise significant influence over us in connection with its ownership of Common Stock.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Following the Closing, East is expected to beneficially own approximately 57% of the Company&rsquo;s outstanding
Common Stock. As a result, East will be able to direct the outcome of any matters submitted for Shareholder action after the Closing
of the Transactions, including approval of significant corporate transactions, such as amendments to our governing documents, business
combinations, consolidations and mergers. East will have substantial influence on us, and could exercise its influence in a manner
that conflicts with the interests of other Shareholders. The presence of a significant Shareholder may also have the effect of
making it more difficult for a third party to acquire us or for the Board to discourage a third party from seeking to acquire us
following the Closing of the Transactions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition, pursuant to the terms of the Shareholder Agreement, East will have the right to designate two or three persons, depending
upon the size of the Board, for nomination for election to the Board. East will have the right to designate (i) up to two persons
if the size of the Board is composed of fewer than seven directors or (ii) up to three persons if the size of the Board is composed
of seven or more directors. The designation right provided to East under the terms of the Shareholder Agreement will provide East
with a significant presence on the Board and direct influence on matters presented to the Board, although all directors, whether
or not nominated by East, owe fiduciary duties to all Shareholders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Completion
of the Stock Purchase Transaction will result in substantial dilution to existing holders of Common Stock.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
to the Stock Purchase Transaction, we will issue 8,333,333.33 shares of Common Stock to East at a price per share below NAV, which
will result in their ownership of approximately 57% of the Company&rsquo;s outstanding Common Stock upon completion of the Transactions.
Completion of the Transactions will result in significant dilution in the percentage ownership interest and voting power of existing
holders of Common Stock. This substantial dilution may negatively impact the trading price for shares of our Common Stock. For
more information, see the section of this proxy statement captioned &ldquo;Proposal 1 &ndash; Approval of the Sale Below NAV Proposal.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 34; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The
Adviser has no prior experience managing or acting as an investment adviser for a BDC.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Adviser is a newly formed entity that has no prior experience managing or acting as an investment adviser for a BDC. Although
the Company&rsquo;s existing officers and employees will become employed by the Adviser after the Closing, all investment decisions
to be made by the Adviser will be made by its Investment Committee, which consists of five persons, of which the Company&rsquo;s
current executive officers will be two of the five persons on the Investment Committee. The investment philosophy and techniques
to be used by the Adviser, and in particular its Investment Committee, to manage the Company may differ from the investment philosophy
and techniques previously employed by the Adviser&rsquo;s investment team in identifying and managing other investments and that
of the Company&rsquo;s current management. The Adviser intends to focus on investing in more interest-yielding debt securities.
In addition, the Adviser intends to try to source potential investments using its relationships and the business networks and
family office networks of the members of the Investment Committee, which we expect to provide the Company with additional investment
opportunities that are appropriate for the Company&rsquo;s investment strategy. However, we can offer no assurance that the
Adviser will be successful with respect to its investment decisions in acting as our investment adviser or that the
Adviser or the Investment Committee will be successful in their attempts to source and originate additional potential transactions
that are appropriate for the Company&rsquo;s investment strategy available through the use of existing business networks,
and our investment returns could be substantially lower than the returns we have achieved in the past.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The
Contributed Investment Assets may be determined in the future to have a value that is less than the Contributed Investment Asset
Fair Value attributed to such assets at Closing.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
connection with the Closing, the Company and East will agree upon a Contributed Investment Asset Fair Value for each of the Contributed
Investment Asset to be contributed by East to the Company as consideration in the Stock Purchase Transaction. Given the Contributed
Investment Assets consist of loans and other securities of privately held companies, determining the fair value of these Contributed
Investment Assets is subjective and inherently uncertain. As a result, the parties could agree to attribute a Contributed Investment
Asset Fair Value to any such Contributed Investment Asset that is later determined to be in excess of its actual fair market value.
Furthermore, the Company&rsquo;s due diligence investigation of the Contributed Investment Assets may not reveal risks inherent
in any Contributed Investment Asset or the underlying portfolio companies. As a result, the business, results of operations or
financial condition of any such portfolio company may decline after the Closing, resulting in Contributed Investment Assets having
a fair value that is less than the Contributed Investment Assets Fair Value attributed to such assets at Closing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>After
the Closing of the Transactions, we will be dependent upon the Adviser for our future success.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">After
the Closing, we will not have any employees. The Company&rsquo;s operations will remain in Buffalo, New York. Allen F. &ldquo;Pete&rdquo;
Grum will be retained as the Adviser&rsquo;s President and Chief Executive Officer and remain the President and Chief Executive
Officer of the Company. Daniel P. Penberthy will be retained as the Adviser&rsquo;s Executive Vice President and Chief Financial
Officer and remain the Executive Vice President and Chief Financial Officer of the Company. We will depend on the diligence, skill,
investment expertise and network of business contacts of the Adviser&rsquo;s investment professionals and the Investment Committee
to source appropriate investments for us. We will depend on members of the Adviser&rsquo;s investment team and the Investment
Committee to appropriately analyze our investments and on members of the Adviser&rsquo;s Investment Committee to make investment
decisions for us. The Adviser&rsquo;s investment team will evaluate, negotiate, structure, close and monitor our investments.
Our future success will depend on the continued availability of the members of the Adviser&rsquo;s investment team and the Investment
Committee and the other investment professionals available to the Adviser. Although the current employees of the Company are expected
to enter into employment letter agreements with the Adviser, the Company will not have employment agreements with these individuals
or other key personnel of the Adviser, including members of the Investment Committee, and we cannot provide any assurance that
unforeseen business, medical, personal or other circumstances would not lead any such individual to terminate his or her relationship
with the Adviser. The loss of a material number of senior investment professionals to which the Adviser has access or members
of the Investment Committee, could have a material adverse effect on our ability to achieve our investment objective as well as
on our financial condition and results of operations. In addition, we cannot assure you that the Adviser will remain our investment
adviser or that we will continue to have access to the Adviser&rsquo;s investment professionals or the Investment Committee or
its information and deal flow.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Our
executive officers and employees may have interests in the Transactions other than, or in addition to, the interests of our Shareholders
generally.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Our
executive officers and employees may have interests in the Transactions that are different from, or are in addition to, the interests
of our Shareholders generally. Upon the Closing of the Transactions, the Company&rsquo;s current executive officers and employees
will terminate their employment with the Company and become employees of the Adviser; however, Allen F. &ldquo;Pete&rdquo; Grum
will remain as President and Chief Executive Officer of the Company and Daniel P. Penberthy will remain as Executive Vice President
and Chief Financial Officer of the Company. Mr. Grum will be retained as President and Chief Executive Officer of the Adviser,
and Mr. Penberthy will be retained as Executive Vice President and Chief Financial Officer of the Adviser. Messrs. Grum and Penberthy
will also serve as members of the Adviser&rsquo;s Investment Committee. See &ldquo;The Stock Purchase Transaction &ndash; Interests
of Certain Persons Related to the Company&rdquo; for more information.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 35; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>There
are potential conflicts of interest, including the management of other investment funds and accounts by the principals and certain
members of the Investment Committee of the Adviser, which could impact our investment returns.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
principals and certain members of the Investment Committee of the Adviser manage other funds and accounts for other entities affiliated
with members of the Adviser&rsquo;s Investment Committee. Accordingly, they have obligations to those investors, the fulfillment
of which may not be in the best interests of, or may be adverse to the interests of, us or our Shareholders. Although the principals,
members of the Investment Committee and other professional staff of the Adviser are expected to devote as much time to our management
as appropriate to enable the Adviser to perform its duties in accordance with the Investment Management Agreement, the members
of the Investment Committee and investment professionals of the Adviser may have conflicts in allocating their time and services
among the Adviser, on the one hand, and the other investment vehicles managed by affiliated entities of the Adviser, on the other
hand.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Adviser, including members of its Investment Committee, may face conflicts in allocating investment opportunities between us and
other investment vehicles affiliated with members of the Investment Committee that have overlapping investment objectives with
ours. Although the Adviser, including members of the Investment Committee, will endeavor to allocate investment opportunities
in a fair and equitable manner in accordance with its allocation policies and procedures, it is possible that, in the future,
we may not be given the opportunity to participate in investments made by investment funds managed by the Adviser or members of
the Investment Committee if such investment is prohibited by law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Our
ability to enter into transactions with affiliates of the Adviser will be restricted.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">After
the Closing of the Transactions, we and certain of our controlled affiliates will be prohibited under the 1940 Act from knowingly
participating in certain transactions with our upstream affiliates, or the Adviser and its affiliates, without the prior approval
of the &ldquo;required majority&rdquo; of our directors as defined in Section 57(o) of the 1940 Act and, in some cases, the SEC.
Any person that owns, directly or indirectly, 5% or more of our outstanding voting securities is our upstream affiliate for purposes
of the 1940 Act, and we are generally prohibited from buying or selling any security (other than our securities) from or to such
affiliate, absent the prior approval of the &ldquo;required majority&rdquo; of our directors as defined in Section 57(o) of the
1940 Act. The 1940 Act also prohibits &ldquo;joint&rdquo; transactions with an upstream affiliate, or the Adviser or its affiliates,
which could include investments in the same portfolio company (whether at the same or different times), without prior approval
of the &ldquo;required majority&rdquo; of our directors as defined in Section 57(o) of the 1940 Act. In addition, we and certain
of our controlled affiliates will be prohibited from buying or selling any security from or to, or entering into joint transactions
with, the Adviser and its affiliates, or any person, including East, who owns more than 25% of our voting securities or is otherwise
deemed to control, be controlled by, or be under common control with us, absent the prior approval of the SEC through an exemptive
order (other than in certain limited situations pursuant to current regulatory guidance). The analysis of whether a particular
transaction constitutes a joint transaction requires a review of the relevant facts and circumstances then existing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">As
a BDC, we are required to comply with certain regulatory requirements. For example, we will generally not be permitted to make
loans to companies controlled by the Adviser or other funds managed by the Adviser. We will also not be permitted to make any
co-investments with the Adviser or its affiliates (including any fund managed by the Adviser or an investment adviser controlling,
controlled by or under common control with the Adviser) without exemptive relief from the SEC, subject to certain exceptions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 36; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The
proposed fee structure under the Investment Management Agreement may induce the Adviser to pursue speculative investments and
incur leverage, which may not be in the best interests of the Shareholders.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">After
the Closing, the Base Management Fee will be payable even if the value of your investment declines. The Base Management Fee will
be calculated based on the total assets (other than cash or cash equivalents but including assets purchased with borrowed funds),
as determined according to procedures duly adopted by the Board. Accordingly, the Base Management Fee will be payable regardless
of whether the value of the Company&rsquo;s total assets or your investment has decreased during the then-current quarter and
creates an incentive for the Adviser to incur leverage, which may not be consistent with our Shareholders&rsquo; interests.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Incentive Fee payable to the Adviser will be calculated based on a percentage of our return on invested capital. After the Closing,
the Incentive Fee payable to the Adviser may create an incentive for the Adviser to make investments on our behalf that are risky
or more speculative than would be the case in the absence of such a compensation arrangement. Unlike the Base Management Fee,
the Income Based Fee is payable only if the hurdle rate is achieved. Because the portfolio earns investment income on gross assets
while the hurdle rate is based on net assets, and because the use of leverage increases gross assets without any corresponding
increase in net asset, the Adviser may be incentivized to incur leverage to grow the portfolio, which will tend to enhance returns
where our portfolio has positive returns and increase the chances that such hurdle rate is achieved. Conversely, the use of leverage
may increase losses where our portfolio has negative returns, which would impair the value of the Common Stock.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition, the Adviser receives the Incentive Fees based, in part, upon net capital gains realized on our investments under the
Capital Gains Fee. Unlike the Income Based Fee, there is no hurdle rate applicable to the Capital Gains Fee. As a result, the
Adviser may have a tendency to invest more capital in investments that are likely to result in capital gains as compared to income
producing securities. Such a practice could result in our investing in more speculative securities than would otherwise be the
case, which could result in higher investment losses, particularly during economic downturns.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The
Adviser&rsquo;s liability will be limited under the Investment Management Agreement and the Administration Agreement, and we will
be required to indemnify the Adviser against certain liabilities, which may lead the Adviser to act in a riskier manner on our
behalf than it would when acting for its own account.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the Investment Management Agreement and the Administration Agreement, the Adviser will not assume any responsibility to us other
than to render the services described in the Investment Management Agreement and Administration Agreement, as applicable, and
it will not be responsible for any action of our Board in declining to follow the Adviser&rsquo;s advice or recommendations. Pursuant
to the Investment Management Agreement and the Administration Agreement, the Adviser, its members and their respective officers,
managers, partners, agents, employees, controlling persons, members and any other person affiliated with any of them will not
be liable to us for their acts under the Investment Management Agreement and Administration Agreement, as applicable, absent willful
misfeasance, bad faith, gross negligence or reckless disregard in the performance of their duties. We have agreed to indemnify,
defend and protect the Adviser its members and their respective officers, managers, partners, agents, employees, controlling persons,
members and any other person affiliated with any of them with respect to all damages, liabilities, costs and expenses arising
out of or otherwise based upon the performance of any of the Adviser&rsquo;s duties or obligations under the Investment Management
Agreement or Administration Agreement, as applicable, or otherwise as investment adviser or administrator, as applicable, for
us, and not arising out of willful misfeasance, bad faith, gross negligence or reckless disregard in the performance of their
duties under the Investment Management Agreement or the Administration Agreement. These protections may lead the Adviser to act
in a riskier manner when acting on our behalf than it would when acting for its own account.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>We
borrow money, which could magnify the potential for gain or loss on amounts invested in us and increase the risk of investing
in us.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
borrow money as part of our business plan through Rand SBIC and may borrow money in the future. Borrowings, also known as leverage,
magnify the potential for gain or loss on invested equity capital and may, consequently, increase the risk of investing in us.
We expect to continue to use leverage to finance our investments, through senior securities issued by banks and other lenders.
Lenders of these senior securities have fixed dollar claims on our assets that are superior to claims of our Shareholders and
we would expect such lenders to seek recovery against our assets in the event of default. If the value of our assets decreases,
leveraging would cause our net asset value to decline more sharply than it otherwise would have had we not been leveraged. Similarly,
any decrease in our income would cause our net income to decline more sharply than it would have had we not borrowed monies. Such
a decline could adversely affect our ability to make dividend payments, if any, in the future. In addition, because our investments
may be illiquid, we may be unable to dispose of them or to do so at a favorable price in the event we need to do so if we are
unable to refinance any indebtedness upon maturity and, as a result, we may suffer losses. Leverage is generally considered a
speculative investment technique and increases the risks associated with investing in our Common Stock.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 37; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Our
ability to service any debt that we incur depends largely on our financial performance and is subject to prevailing economic conditions
and competitive pressures. Moreover, if the Transactions are completed, the Adviser&rsquo;s Base Management Fee will be payable
to the Adviser based on total assets, including those assets acquired through the use of leverage; this may cause the Adviser
to have a financial incentive to incur leverage, which may not be consistent with our interests and the interests of our Shareholders.
In addition, holders of our Common Stock will, indirectly, bear the burden of any increase in our expenses as a result of leverage,
including any increase in the Base Management Fee payable to the Adviser.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>If
the Transactions are completed, we may experience fluctuations in our annual and quarterly results due to the nature of our business.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
the Transactions are completed, the Adviser, in its capacity as the investment adviser to the Company after the Closing, expects
over time to transition the Company&rsquo;s portfolio to include more interest-yielding debt securities. We could experience fluctuations
in our annual and quarterly operating results due to a number of factors, some of which are beyond our control, including the
Adviser&rsquo;s ability or inability to make investments in companies that meet our investment criteria, the interest rate payable
on the debt securities acquired and the default rate on such securities, the level of our expenses, variations in and the timing
of the recognition of realized and unrealized gains or losses, the degree to which we encounter competition in the markets in
which we operate and general economic conditions. As a result of these factors, results for any period should not be relied upon
as being indicative of performance in any future periods.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The
failure to complete the Transactions may result in a decrease in the market value of the Common Stock.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">After
the Transactions were announced, the market price for our Common Stock rose sharply. The Transactions are each subject to a number
of contingencies, including approval by our Shareholders and the closing conditions set forth in the Stock Purchase Agreement.
As a result, we cannot assure you that the Transactions will be completed. If the Transactions are not completed for any reason,
the market price of the Common Stock may decline, including to a price per share that is below the price per share on the date
that the Transactions were announced.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>If
the Transactions are not consummated, there may not be any other offers from potential acquirers or parties interested in a potential
strategic transaction.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
the Transactions are not consummated, we may seek another strategic transaction. Although we have had such discussions with various
parties in the past, these parties may no longer have an interest in a strategic transaction with the Company, or be willing to
offer a reasonable purchase price or other consideration in connection therewith. See the section entitled &ldquo;The Stock Purchase
Transaction &ndash; Background of the Transactions.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>If
we do not complete the Transactions, we will continue to face challenges and uncertainties in our ability to achieve business
success.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Historically,
the Company has focused on a strategy that involved seeking to achieve long-term capital appreciation on the Company&rsquo;s
equity investments, while maintaining a current cash flow from the Company&rsquo;s debt investments and pass-through equity instruments
to fund expenses. Under this strategy, the Company has not declared dividends to Shareholders, but instead has sought to return
value to Shareholders through public share price appreciation on the Common Stock based upon realizing gains in the Company&rsquo;s
equity investment portfolio. The Company has observed that its strategy has become disfavored among investors, which
the Company believes has resulted in an increasingly larger spread between the public share price for the Common Stock
and the Company&rsquo;s NAV per share. If the Stock Purchase Transaction is not completed, the Company will not affect the
Externalization Transaction with the Adviser, and we will continue conducting our business as an internally managed BDC and may
consider and evaluate other strategic alternatives. These other strategic alternatives may include (i) pursuing another strategic
transaction that would allow the Company to be able to elect RIC status for U.S. tax purposes, (ii) engaging another external
investment adviser to manage our investment strategy, (iii) selling the Company or its portfolio to a third party acquirer, or
(iv) allowing the Company&rsquo;s portfolio to run-off and distribute the proceeds to Shareholders. If the Transactions are
not completed, we may not be able to engage another external investment adviser to manage our investment strategy and will remain,
for the time being, as an internally managed BDC that is likely to continue the same legacy strategy. Without the Cash
Consideration, we will likely be unable to pay the intended Special Dividend to Shareholders or distribute our &ldquo;accumulated
earnings and profits&rdquo; as to be in the position to make the RIC Election. Therefore, if we are unable to complete the Transactions,
we may need to continue to operate our business in a manner that is substantially similar to the manner in which it is currently
operated, and would continue to face the same business challenges and uncertainties associated with our current business strategy,
and possibly even on a more acute basis. &nbsp;In addition, if we determine to allow the portfolio to run-off and distribute
the proceeds to Shareholders, because our investments may be illiquid, we may be unable to dispose of them or to do so at a favorable
price in the event we need to do so.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 38; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Under
certain circumstances, a Termination Fee may be payable by the Company upon termination of the Stock Purchase Agreement.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Stock Purchase Agreement provides for the payment by the Company of a Termination Fee (as defined herein) of up to $750,000 if
the Stock Purchase Agreement is terminated under certain circumstances. Given the Company&rsquo;s financial condition and amount
of cash and cash equivalents on hand, payment of the Termination Fee in an amount up to $750,000 would likely have a material
adverse effect on the Company&rsquo;s financial condition and on its ability to make any significant new investments or follow-on
investments in the near future.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The
Stock Purchase Agreement limits the Company&rsquo;s ability to pursue alternatives to the Transactions</B>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Stock Purchase Agreement contains provisions that limit the Company&rsquo;s ability to actively solicit, discuss or negotiate
competing third-party proposals for strategic transactions. These provisions, which are typical for transactions of this type,
and include the Termination Fee payable under certain circumstances, might discourage a potential competing acquirer that might
have an interest in acquiring all or a significant part of the Company from considering or proposing that acquisition even if
it were prepared to pay consideration with a higher price than that to be paid by East in the Stock Purchase Transaction or might
result in a potential competing acquirer proposing to pay a lower price to acquire the Company than it might otherwise have proposed
to pay without the Company&rsquo;s requirement to pay the Termination Fee in order to terminate the Stock Purchase Agreement to
accept a superior proposal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The
Stock Purchase Transaction is subject to closing conditions, including receipt of Shareholder approvals, that, if not satisfied
or appropriately waived, will result in the Transactions not being completed, which may result in material adverse consequences
to the Company&rsquo;s business and operations.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Stock Purchase Transaction is subject to closing conditions, including certain approvals of Shareholders and approval of the Stock
Purchase Transaction by the SBA, which, if not satisfied, will prevent the Transactions from being completed. The closing condition
that the Shareholders approve the Stock Purchase Transaction, the Investment Management Agreement and certain other proposals
described herein may not be waived under applicable law and must be satisfied for the Transactions to be completed. If the Shareholders
do not approve (i) the Sale Below NAV Proposal, (ii) the Nasdaq Proposal, (iii) the Investment Management Agreement Proposal and
(iv) the Certificate of Incorporation Amendment Proposal, the resulting failure to complete the Transactions could have a material
adverse impact on the Company&rsquo;s business and operations. In addition to the required approvals from the Shareholders, the
Stock Purchase Transaction is subject to a number of other conditions, some of which are beyond the Company&rsquo;s direct control.
See &ldquo;The Stock Purchase Agreement &ndash; Conditions to the Stock Purchase Transaction&rdquo; for additional information
regarding the conditions to Closing set forth in the Stock Purchase Agreement. The Company cannot predict when the conditions
set forth in the Stock Purchase Agreement will be satisfied or if they will be satisfied at all.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Pursuant
to the rules and regulations of the SBA, Rand SBIC is required to obtain approval of the Stock Purchase Transaction
from the SBA in order for Rand SBIC to retain its SBA license and for Rand SBIC&rsquo;s SBA debentures to remain outstanding
after Closing. </B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Given
East&rsquo;s proposed purchase of shares of our Common Stock in the Stock Purchase Transaction resulting in their ownership of
approximately 57% of the Company&rsquo;s outstanding Common Stock upon completion of the Transactions, the Company believes that,
under the rules and regulations of the SBA, approval from the SBA is required in order for Rand SBIC to retain its SBA license
and for its SBA debentures to remain outstanding after the Closing. Rand SBIC is currently in the process of seeking to obtain
this approval from the SBA, but we cannot assure you that Rand SBIC will be able to obtain this approval from the SBA or advise
you on what conditions, if any, the SBA might require the Company or Rand SBIC to satisfy in order to grant its approval. To
the extent Rand SBIC does not receive the approval from the SBA, Rand SBIC may be required to repay its outstanding SBA debentures
and relinquish its related SBA license, or its SBA debentures may not be able to remain outstanding after the Closing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Furthermore,
under the terms of the Stock Purchase Agreement, the Closing is conditioned upon (i) approval of the Stock Purchase Transaction
by the SBA, (ii) receipt of confirmation from the SBA that approval of the Stock Purchase Transaction from the SBA is not required
or (iii) the Company&rsquo;s delivery of evidence of the payoff of, or escrowing of funds in an amount sufficient to pay off,
the Company&rsquo;s SBA debentures in accordance with SBA regulations. The Company cannot predict when this condition to the Closing
will be satisfied or if it can be satisfied at all, particularly if approval from the SBA is unable to be obtained and the Company
is required to repay Rand SBIC&rsquo;s outstanding SBA debentures in order to satisfy this condition to Closing.</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The
Company will be subject to operational uncertainties and contractual restrictions while the Transactions are pending.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Uncertainty
about the effect of the Transactions may have an adverse effect on the Company while the Transactions are pending. These uncertainties
may impair the Company&rsquo;s ability to retain and motivate key personnel until the Transactions are consummated and could cause
those that deal with the Company to seek to change their existing relationships with the Company. Furthermore, future potential
portfolio companies may be unwilling to accept the Company&rsquo;s investments or loans given the uncertainty that will exist
while the Transactions are pending. In addition, the Stock Purchase Agreement imposes limitations on the Company with respect
to actions that it can take while the Transactions are pending, which may result in the Company not pursuing or being unable to
pursue certain business opportunities that may arise prior to the completion of the Transactions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>If
the Transactions do not close, the Company will not benefit from the expenses incurred in furtherance of the Transactions.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Transactions may not be completed. If the Transactions are not completed, the Company will have incurred substantial expenses
for which no ultimate benefit will have been received. The Company has incurred out-of-pocket expenses in connection with the
Transactions for investment banking, legal and accounting fees and financial printing and other related charges, much of which
will be incurred even if the Transactions are not completed. In addition, in the event the Stock Purchase Agreement is terminated
under certain circumstances, the Company may be required to pay a Termination Fee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The
Company may waive one or more conditions to the Stock Purchase Transaction without resoliciting Shareholder approval.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain
conditions to the Company&rsquo;s obligations to complete the Stock Purchase Transaction as set forth in the Stock Purchase Agreement
may be waived, in whole or in part, to the extent legally allowed, either unilaterally or by agreement of the Company and East.
In the event that any such waiver does not require re-solicitation of Shareholders, the Company and East will have the discretion
to complete the Stock Purchase Transaction without seeking further Shareholder approval. The condition in the Stock Purchase Agreement
that requires the Company to obtain approval of the Shareholders for the proposals set forth in this proxy statement, however,
cannot be waived. See &ldquo;The Stock Purchase Agreement &ndash; Conditions to the Stock Purchase Transaction&rdquo; for more
information.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 39; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><A NAME="k_001"></A>THE
SPECIAL MEETING</B></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
proxy statement summarizes the information regarding the matters to be voted on at the special meeting. However, you do not need
to attend the special meeting to vote your shares of Common Stock. You may simply complete, sign, and return the enclosed proxy
card, or submit your vote by calling toll free at the telephone number indicated on the enclosed proxy card, or vote your shares
through the Internet, as indicated on the proxy card. You may also grant a proxy (i.e., authorize someone to vote your shares).
If you properly sign and date the accompanying proxy card or otherwise provide voting instructions, either via the Internet or
telephone, as indicated on the proxy card and the Company receives the proxy card or such instruction in time for the special
meeting, the persons named as proxies will vote the shares registered directly in your name in the manner that you specified.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">As
of the Record Date, there were 6,321,988 shares of Common Stock outstanding and entitled to vote at the special meeting.
If you are a holder of Common Stock, you are entitled to one vote at the special meeting for each share of Common Stock that you
held as of the close of business on the Record Date. The Company began mailing this proxy statement on or about April 18,
2019 to all Shareholders entitled to vote their shares of Common Stock at the special meeting.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_002"></A>Time
and Location</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
will hold the special meeting on May 16, 2019 at 1:00 p.m., local time, at The Buffalo Club, the Millard Fillmore
Room, 388 Delaware Avenue, Buffalo, New York 14202 (Business Attire Required).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_003"></A>Attending
the Special Meeting</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">You
are entitled to attend the special meeting only if you were a Shareholder as of the close of business on the Record Date, or if
you hold a valid proxy for the special meeting. You must present valid photo identification, such as a driver&rsquo;s license
or passport, for admittance. If you are not a Shareholder of record of the Company but hold shares as a beneficial owner in street
name, in order to attend the special meeting, you must also provide proof of beneficial ownership, such as your most recent account
statement prior to the Record Date, a copy of the voting instruction form provided by your broker, bank, or other nominee, or
other similar evidence of ownership of shares of Common Stock. If you do not provide photo identification or comply with the other
procedures outlined above, you will not be admitted to the special meeting.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Proposals
to approve each of (i) the Sale Below NAV Proposal, (ii) the Nasdaq Proposal, (iii) the Investment Management Agreement Proposal,
(iv) the Certificate of Incorporation Amendment Proposal and (v)&nbsp;the Adjournment Proposal.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">At
the special meeting, you will be asked to vote on each of (i) the Sale Below NAV Proposal, (ii) the Nasdaq Proposal, (iii) the
Investment Management Agreement Proposal, (iv) the Certificate of Incorporation Amendment Proposal and (v)&nbsp;the Adjournment
Proposal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_004"></A>Recommendation
of the Board</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The
Board unanimously recommends that you vote &ldquo;FOR&rdquo; each of (i) the Sale Below NAV Proposal, (ii) the Nasdaq Proposal,
(iii) the Investment Management Agreement Proposal, (iv) the Certificate of Incorporation Amendment Proposal and (v)&nbsp;the
Adjournment Proposal.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_005"></A>Shareholders
Entitled to Vote</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">You
are entitled to vote if you were a holder of record of Common Stock as of the close of business on the Record Date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">All
holders of Common Stock as of the Record Date, voting together, will be entitled to vote for the approval of each of (i) the Nasdaq
Proposal, (ii) the Investment Management Agreement Proposal, (iii) the Certificate of Incorporation Amendment Proposal and (iv)&nbsp;the
Adjournment Proposal, in each case, at the special meeting.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 40; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition, all holders of Common Stock as of the Record Date, voting together, will be entitled to vote for the approval of the
Sale Below NAV Proposal, but approval must obtained from both (i) the outstanding shares of Common Stock and (ii) the outstanding
shares of Common Stock held by persons that are not affiliated persons, as defined in the 1940 Act, of the Company. See the section
entitled &ldquo;The Special Meeting &ndash; Approval Standards&rdquo; for more information.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_006"></A>Quorum</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">To
conduct business at the special meeting, a quorum of Shareholders must be present at the special meeting. Under the BCL and our
by-laws, the presence, in person or by proxy, of the holders of a majority of the outstanding shares of Common Stock entitled
to vote at the special meeting is necessary to constitute a quorum of the Shareholders to take action at the special meeting.
The shares of Common Stock that are present at the special meeting or represented by a proxy will be counted for quorum purposes.
Abstentions will be treated as shares present for quorum purposes. Shares for which brokers have not received voting instructions
from the beneficial owner of the shares and do not have discretionary authority to vote on certain proposals (which are considered
&ldquo;broker non-votes&rdquo; with respect to such proposals) will be treated as shares present for quorum purposes.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
a quorum is not present, the vote of a majority of the Shareholders present in person or by proxy and entitled to vote or the
presiding officer of the special meeting shall have the power to adjourn the special meeting from time to time, for a period
not to exceed 30 days at any one time, until a quorum shall be present and the business of the meeting accomplished, without notice
other than announcement at the special meeting.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_007"></A>Shareholders
Holding Shares Through Brokers, Banks or Other Nominees</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
you hold shares of Common Stock through a broker, bank or other nominee, you must follow the voting instructions you receive from
your broker, bank or other nominee. If you hold shares of Common Stock through a broker, bank or other nominee and want to vote
in person at the special meeting, you must obtain a legal proxy from the record holder of your shares and present it at the special
meeting. <B>Please instruct your broker, bank or other nominee so your vote can be counted.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_008"></A>Granting
Authority to Vote to Brokers, Banks or Other Nominees</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Brokers,
banks and other nominees have discretionary authority to vote on &ldquo;routine&rdquo; matters, but not on &ldquo;non-routine&rdquo;
matters. All proposals being considered at this special meeting are non-routine. If you hold your shares of Common Stock in street
name (or &ldquo;nominee name&rdquo;) and do not provide your broker, bank or other nominee who holds such shares of record with
specific instructions regarding how to vote on the proposals, your broker may not be permitted to vote your shares on any of the
proposals. Please instruct your broker, bank or other nominee so your vote can be counted.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_009"></A>Voting
by Proxy</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
you are a record holder of shares of Common Stock, you may authorize a proxy to vote on your behalf by following the instructions
provided on the enclosed proxy card. Authorizing your proxy will not limit your right to vote in-person at the special meeting.
A properly completed and submitted proxy will be voted in accordance with your instructions, unless you subsequently revoke your
instructions. If you authorize a proxy without indicating your voting instructions, the proxyholder will vote your shares <B>&ldquo;FOR&rdquo;
</B>each of (i) the Sale Below NAV Proposal, (ii) the Nasdaq Proposal, (iii) the Investment Management Agreement Proposal, (iv)
the Certificate of Incorporation Amendment Proposal and (v) the Adjournment Proposal. Internet and telephone voting procedures
are designed to authenticate the Shareholder&rsquo;s identity and to allow such Shareholders to vote their shares and confirm
that their instructions have been properly recorded. Your Internet or telephone vote authorizes the named proxies to vote your
shares in the same manner as if you had marked, signed and returned a proxy card.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 41; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->31<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_010"></A>Receiving
Multiple Proxy Cards</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Many
Shareholders hold their shares in more than one account and may receive separate proxy cards or voting instruction forms for each
of those accounts. To ensure that all of your shares are represented at the special meeting, we recommend that you vote by following
the instructions on each proxy card or voting instruction form you receive.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_011"></A>Revocation
of Proxy</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
you are a Shareholder of record, you can revoke your proxy at any time before it is exercised by (i) delivering a written revocation
notice prior to the special meeting to Rand Capital Corporation, 2200 Rand Building Buffalo, New York 14203, (ii) submitting a
later-dated proxy that we receive no later than the conclusion of voting at the special meeting, (iii) voting in person at the
special meeting or (iv) submitting a new proxy electronically over the Internet or by telephone as indicated on the proxy card
after the date of the earlier submitted proxy. If you hold shares of Common Stock through a broker, bank or other nominee, you
must follow the instructions you receive from them in order to revoke your voting instructions. Attending the special meeting
does not revoke your proxy unless you also vote in person at the special meeting.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_012"></A>Approval
Standards</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Sale
Below NAV Proposal</U>: Approval of the Sale Below NAV Proposal requires the affirmative vote of holders of a &ldquo;majority
of the outstanding voting securities&rdquo; as defined in the 1940 Act, of (i) the outstanding shares of Common Stock and (ii)
the outstanding shares of Common Stock held by persons that are not affiliated persons, as defined in the 1940 Act, of the Company.
Under the 1940 Act, the vote of holders of a &ldquo;majority of the outstanding voting securities&rdquo; means the vote of the
holders of the lesser of (a) 67% or more of the voting securities present or represented by proxy at the special meeting if the
holders of more than 50% of the voting securities are present or represented by proxy or (b) more than 50% of the outstanding
voting securities. An &ldquo;affiliated person&rdquo; is defined under the 1940 Act to include officers, directors and employees
of the Company and holders of 5% or more of the outstanding Common Stock. Abstentions and broker non-votes, which occur when you
do not provide voting instructions to your bank, broker or other nominee when your shares are held in &ldquo;street name,&rdquo;
will have the same effect as a vote &ldquo;AGAINST&rdquo; this proposal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Nasdaq
Proposal</U>: Approval of the Nasdaq Proposal requires the affirmative vote of the holders of a majority of the votes cast on
this proposal at the special meeting. Abstentions and broker non-votes will have no effect on the Nasdaq Proposal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Investment
Management Agreement Proposal</U>: Approval of the Investment Management Agreement Proposal requires the affirmative vote of holders
of at least a &ldquo;majority of the outstanding voting securities&rdquo; as defined in the 1940 Act. Under the 1940 Act, the
vote of holders of a &ldquo;majority of the outstanding voting securities&rdquo; means the vote of the holders of the lesser of
(a) 67% or more of the voting securities present or represented by proxy at the special meeting if the holders of more than 50%
of the voting securities are present or represented by proxy or (b) more than 50% of the outstanding voting securities. Abstentions
and broker non-votes will have the same effect as a vote &ldquo;AGAINST&rdquo; this proposal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Certificate
of Incorporation Amendment Proposal</U>: Approval of the Certificate of Amendment Proposal requires the affirmative vote of the
holders of a majority of the outstanding shares of Common Stock. Abstentions and broker non-votes will have the same effect as
a vote &ldquo;AGAINST&rdquo; this proposal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Adjournment
Proposal</U>: Approval of the Adjournment Proposal requires the affirmative vote of the holders of a majority of shares of Common
Stock present in person or represented by proxy and entitled to vote on the matter. Abstentions will have the same effect as a
vote &ldquo;AGAINST&rdquo; the Adjournment Proposal and broker non-votes will have no effect on the vote for the Adjournment Proposal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 42; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->32<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_013"></A>Methods
of Proxy Solicitation and Related Expenses</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
have engaged the services of Alliance Advisors, LLC to assist in the solicitation of proxies. Alliance Advisors, LLC will not
attempt to influence how you vote your shares, but only ask that you take the time to authorize your proxy. You may also be asked
if you would like to vote over the telephone and to have your vote transmitted to the proxy tabulation firm.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition to the solicitation of proxies by the use of mail, proxies may be solicited in person and by telephone, electronic transmission
or facsimile transmission by directors or officers of the Company without special compensation therefor.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
will bear all costs of soliciting proxies for the special meeting. We estimate that we will pay Alliance Advisors, LLC, our proxy
solicitor, a fee of approximately $9,000 to solicit proxies, plus we will reimburse Alliance Advisors, LLC for all out-of-pocket
expenses that they incur, though the cost of this proxy solicitation process could be lower or higher than our estimate. We may
also reimburse brokers, nominees, fiduciaries and other custodians their reasonable fees and expenses for sending proxy materials
to beneficial owners and obtaining their instructions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_014"></A>Other
Matters to Be Voted on at the Special Meeting</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
to the BCL and our by-laws, no matters may properly be brought before the special meeting except as specified in the Notice of
the Special Meeting.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Whether
or not you expect to attend the special meeting, please complete, date, sign and promptly return the accompanying proxy card so
that you may be represented at the special meeting.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_015"></A>Who
to Contact if You Have Questions</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
you have any questions concerning the special meeting or the accompanying proxy statement, would like additional copies of the
accompanying proxy statement or need help voting your shares of Common Stock, please contact Alliance Advisors, LLC:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Call
Toll-Free: (844)&nbsp;853-0931</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">200
Broadacres Drive, 3<SUP>rd</SUP>&nbsp;Floor</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Bloomfield,
NJ 07003</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 43; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->33<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_016"></A>SECURITY
OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unless
otherwise indicated, the following table sets forth beneficial ownership of our shares on April 12, 2019, by (a) persons
known by us to be beneficial owners of more than 5% of the outstanding shares of Common Stock, (b) the directors and the named
executive officers of the Company, and (c) all directors and executive officers as a group. For purposes of the table, the address
for each of our Directors and named executive officers is c/o 2200 Rand Building, Buffalo, NY 14203. Unless otherwise stated,
each person named in the table has sole voting and investment power with respect to the shares indicated as beneficially owned
by that person.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" STYLE="border-collapse: collapse; width: 80%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif">Beneficial Owner</TD><TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amount and Nature of Beneficial Ownership<SUP>(1)</SUP></FONT></TD><TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left; border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Percent of Class<SUP>(3)</SUP></FONT></TD><TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 42%; text-align: left; font: 10pt Times New Roman, Times, Serif">More than 5% Owners:</TD><TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 25%; text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 25%; text-align: right; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif">User-Friendly Phone Book, LLC</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">1,455,993</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><P STYLE="margin: 0">23.0</P>


</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif">10200 Grogan&rsquo;s Mill Road, Suite 440</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Woodlands, TX 77380<SUP>(2)</SUP></FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif">Directors and named executive officers:</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif">Allen F. Grum</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">173,642</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><P STYLE="margin: 0">2.7</P>


</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif">Erland E. Kailbourne</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">40,000</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*</FONT></TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif">Ross B. Kenzie</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">113,000</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><P STYLE="margin: 0">1.8</P>


</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif">Jayne K. Rand</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">115,433</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><P STYLE="margin: 0">1.8</P>


</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif">Robert M. Zak</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">85,000</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><P STYLE="margin: 0">1.3</P>


</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif">Daniel P. Penberthy</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">84,467</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><P STYLE="margin: 0">1.3</P>


</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">* Less than 1%.</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">All Directors and executive officers <BR>
as a group (six persons)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">611,542</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><P STYLE="margin: 0">9.7</P>


<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">%</TD></TR>
</TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    beneficial ownership information presented is based upon information furnished by each person or contained in filings made
    with the SEC.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">User-Friendly
    Phone Book, LLC filed an amended Schedule 13D with the SEC on June 22, 2018 reporting that it has shared voting power and
    shared investment power of the indicated 1,455,993 shares of Common Stock with User-Friendly Holding, LLC, a Delaware limited
    liability company. According to this amended Schedule 13D, User-Friendly Phone Book, LLC is a wholly owned subsidiary of User-Friendly
    Holding, LLC.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Percent
    of class calculated based on 6,321,988 shares outstanding at the Record Date.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Approximate
Value of Investments in the Company</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
following table indicates the range of value as of April 12, 2019 of the shares of the Company beneficially owned by each
director and executive officer. The Company is not part of a family of investment companies.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 24.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" STYLE="border-collapse: collapse; width: 90%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 49%; text-align: left; border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif">Name of Director or Executive Officer</TD><TD STYLE="width: 2%; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 49%; text-align: left; border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif">Dollar Range of Equity Securities Beneficially Owned</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">Directors who are not Interested Persons:</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif">Erland E. Kailbourne</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Over $100,000</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif">Robert M. Zak</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Over $100,000</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif">Ross B. Kenzie</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Over $100,000</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif">Jayne K. Rand</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Over $100,000</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">Directors who are Interested Persons and Executive Officers:</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif">Allen F. Grum</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Over $100,000</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; font: 10pt Times New Roman, Times, Serif">Daniel P. Penberthy</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Over $100,000</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>&nbsp;</B></FONT></P>


<!-- Field: Page; Sequence: 44; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->34<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B></B></FONT><B>&nbsp;</B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_017"></A>THE
STOCK PURCHASE TRANSACTION</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
discussion of the Stock Purchase Agreement and related Stock Purchase Transaction is qualified in its entirety by reference to
the Stock Purchase Agreement, which is attached to this proxy statement as <U>Appendix A</U> and incorporated into this proxy
statement by reference. You should carefully read the entire Stock Purchase Agreement as it is the legal document that governs
the Stock Purchase Transaction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_018"></A>Parties
to the Stock Purchase Agreement</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Rand
Capital Corporation</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Company was incorporated under the laws of New York in February 1969. We completed our initial public offering in 1971 as an internally
managed, closed-end, diversified, management investment company. We have elected to be regulated as a BDC under the 1940 Act.
As a BDC, we are required to comply with certain regulatory requirements. For instance, we generally have to invest at least 70%
of our total assets in &ldquo;qualifying assets&rdquo; and make available managerial assistance to the portfolio companies in
which we invest. The Company established an SBIC, Rand SBIC, in 2002, whereby the Company utilizes funds borrowed from the SBA
to invest in portfolio companies. The Company currently operates as an internally managed investment company whereby its officers
and employees conduct the business of the Company under the general supervision of its Board. Neither the Company nor Rand SBIC
have currently elected to qualify to be taxed as a RIC under Subchapter M of the Code.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Company&rsquo;s principal executive offices are located at 2200 Rand Building, Buffalo, New York 14203 and our telephone number
is 716-853-0802.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>East</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">East
was formed in 2010 as a Delaware limited liability company to invest in private and public market securities, and has formed multiple
investment vehicles that provide capital to a variety of industries including energy, media, real estate, hospitality, sports
and entertainment. East is an entity owned by Terry and Kim Pegula, owners of Pegula Sports &amp; Entertainment.</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Adviser</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">The
Adviser is a newly formed investment adviser that intends to register with the SEC pursuant to the Advisers Act. The Adviser will
initially be owned by East and Brian Collins. The Adviser will establish an Investment Committee, as discussed in the section
entitled &ldquo;Proposal 3 &ndash; Approval of the Investment Management Agreement &ndash; About the Investment Process of the
Adviser.&rdquo;</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_019"></A>Effect
on the Company if the Stock Purchase Transaction Is Completed</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
the proposals are approved by the Shareholders, and the other conditions to Closing of the Stock Purchase Transaction are satisfied
or waived, the Company will issue 8,333,333.33 shares of Common Stock to East in consideration for the Purchase Price consisting
of (i) Cash Consideration and (ii) Contributed Investment Assets Fair Value, having an aggregate value of $25.0 million.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
connection with the Closing of the Stock Purchase Transaction, the Company will:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amend
    its Certificate of Incorporation to increase its number of authorized shares of Common Stock from 10 million shares of Common
    Stock to 100 million shares of Common Stock;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Terminate
    the employment of each employee of the Company, effective immediately prior to the Closing;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Terminate
    each benefit plan of the Company, effective immediately prior to the Closing;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Enter
    into the Investment Management Agreement and Administration Agreement with the Adviser and complete the Externalization Transaction;
    and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Enter
    into the Shareholder Agreement with East.</FONT></TD></TR>
</TABLE>
<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

<!-- Field: Page; Sequence: 45; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->35<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_020"></A>Effect
on the Company if the Stock Purchase Transaction Is Not Completed</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
the Stock Purchase Transaction is not completed, the Company will not affect the Externalization Transaction with the
Adviser, and we will continue conducting our business as an internally managed BDC and may consider and evaluate other
strategic alternatives. These other strategic alternatives may include (i) pursuing another strategic transaction that
would allow the Company to be able to elect RIC status for U.S. tax purposes, (ii) engaging another external investment
adviser to manage our investment strategy, (iii) selling the Company or its portfolio to a third party acquirer or (iv)
allowing the Company&rsquo;s portfolio to run-off and distribute the proceeds to Shareholders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_021"></A>Purchase
Price</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
connection with the Stock Purchase Transaction, East will pay the Company the Purchase Price, consisting of the following:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 0.5in; font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cash
    Consideration in an amount equal to $25.0 million less the amount of the Contributed Investment Assets Fair Value; <I>plus</I></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    Contributed Investment Assets Fair Value, which is defined as the fair value of the Contributed Investment Assets being contributed
    by East to the Company, plus (without duplication) the aggregate amount of accrued but unpaid interest (including uncapitalized
    payment-in-kind interest earned), penalties, fees, charges and other amounts on the Contributed Investment Assets.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the Stock Purchase Agreement, the Contributed Investment Assets Fair Value is to be determined as of 5:00 p.m. (New York, New
York time) on the second business day prior to the Closing date, and such amount is to be agreed upon between the Company and
East prior to the Closing of the Stock Purchase Transaction. The sum of the Cash Consideration and the Contributed Investment
Assets Fair Value will be $25.0 million.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_022"></A>Use
of Proceeds</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
the Stock Purchase Transaction is completed, the Company will hold the Contributed Investment Assets as investment assets of the
Company and use a portion of the cash proceeds from the Stock Purchase Transaction to pay costs and expenses incurred in connection
with the Transactions. The remainder of the cash proceeds from the Stock Purchase Transaction will be used by the Company for
general corporate purposes, including, for use in payment of the cash portion of the intended Special Dividend, if declared.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
following table sets forth the proposed uses of the proceeds from the Stock Purchase Transaction and assumes:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><P STYLE="margin: 0">Contributed
                                         Investment Assets have a Contributed Investment Assets Fair Value of $11.6 million;</P>


</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cash
                                         Consideration of $13.4 million; and</FONT></P>


</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    cash portion of the intended Special Dividend, if declared, is an estimated $4.4 million.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1.5pt solid">(amounts in thousands)</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 78%; text-align: left; font: 10pt Times New Roman, Times, Serif">Proceeds from Stock Purchase Transaction (1)</TD><TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">$</TD><TD STYLE="width: 18%; text-align: right; font: 10pt Times New Roman, Times, Serif">25,000</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">Contributed Investment Assets held by the Company (2)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">(11,600</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">Aggregate cash portion of Special Dividend (3)(4)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">(4,400</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">Transaction expenses (5)</TD><TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif">(1,000</TD><TD STYLE="text-align: left; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">Remaining portion of the Cash Consideration</TD><TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif">$</TD><TD STYLE="text-align: right; border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif">8,000</TD><TD STYLE="text-align: left; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    proceeds received by the Company from the Stock Purchase Transaction will consist of the Cash Consideration and Contributed
    Investment Assets.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 46; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->36<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    amount represents the Contributed Investment Assets Fair Value as determined by the parties as of December 31, 2018. The Contributed
    Investment Assets Fair Value is subject to adjustment pursuant to the terms of the Stock Purchase Agreement. See &ldquo;The
    Stock Purchase Transaction &ndash; Contributed Investment Assets.&rdquo;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    intended Special Dividend is expected to be declared and paid in an amount equal to the Company&rsquo;s &ldquo;accumulated
    earnings and profits&rdquo; for tax purposes since the Company&rsquo;s inception and, contingent upon meeting certain tax
    related conditions, in connection with the Company&rsquo;s and Rand SBIC&rsquo;s expected elections for U.S. tax purposes
    to be taxed as RICs. This table assumes that the intended Special Dividend is in the aggregate amount of an estimated $22.0
    million (representing the Company&rsquo;s estimate of its &ldquo;accumulated earnings and profits&rdquo; from inception to
    December 31, 2018).</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(4)</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    intended Special Dividend is expected to be comprised of 20% cash and 80% Common Stock. Shareholders are expected to have
    the option to elect to receive the Special Dividend in cash or Common Stock, subject to the 20% cap on the cash portion of
    the Special Dividend. If too many Shareholders elect to receive their distribution in cash, the amount of cash available for
    distribution will be allocated pro rata among the Shareholders electing to receive the distribution in cash and the remaining
    portion of their distribution will be paid in shares of Common Stock. There can be no assurance that the Special Dividend,
    or any other dividend or distribution, will be paid to Shareholders after the completion of the Transactions.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(5)</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Includes
    an estimate of legal, investment banking and other fees and expenses incurred by the Company in connection with the Transactions.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><A NAME="k_023"></A>Background
of the Transactions</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Historically,
the Company has focused on a strategy that involved seeking to achieve long-term capital appreciation on the Company&rsquo;s
equity investments, while maintaining a current cash flow from the Company&rsquo;s debt investments and pass-through equity instruments
to fund expenses. Under this strategy, the Company has not declared dividends to Shareholders, but instead has sought to return
value to Shareholders through public share price appreciation on the Common Stock based upon realizing gains in the Company&rsquo;s
equity investment portfolio. The Company&rsquo;s management and the Board have observed that its strategy has become disfavored
among investors, which the Company believes has resulted in an increasingly larger spread between the public share
price for the Common Stock and the Company&rsquo;s net asset value per share.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consequently,
during 2015 and early 2016, the Board began to consider potential strategic alternatives to increase the public price of
the Common Stock and to enhance Shareholder value. In 2015, the Board established a strategic committee of the Board (the &ldquo;<U>Strategic
Committee</U>&rdquo;) to assist in the ongoing evaluation of potential strategic transactions. During the relevant periods of
2018 and 2019 discussed below, the Strategic Committee consisted of Erland E. Kailbourne, Robert M. Zak and Allen F. Grum. During
2015, the Strategic Committee met with representatives of multiple investment banking firms, including KBW, an investment banking
firm that would subsequently be engaged to act as the Company&rsquo;s financial advisor, as part of its evaluation of potential
strategic options.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">As
part of this process, the Board considered and evaluated various potential strategic options, including (i) voluntarily delisting
from Nasdaq and &ldquo;going dark&rdquo; by suspending or terminating reporting obligations for the Company under the Exchange
Act; (ii) electing RIC tax status for U.S. tax purposes and beginning regular dividend payments to Shareholders; (iii) allowing
the Company&rsquo;s portfolio to run-off and distributing the proceeds from the run-off to Shareholders; (iv) selling the Company
to a third party acquirer; and (v) seeking to accelerate growth by increasing available borrowing capacity and boosting participation
in transactions in order to increase the size of the Company&rsquo;s investment portfolio. At the completion of this evaluation
process and prior to the Company&rsquo;s 2016 annual meeting of Shareholders, the Board determined to pursue the strategy of seeking
to accelerate growth. The Company&rsquo;s management reported on the Board&rsquo;s evaluation process and determination during
a presentation made at the Company&rsquo;s 2016 annual meeting of Shareholders and in subsequent public communications to investors.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">However,
since the Company&rsquo;s 2016 annual meeting of Shareholders, the Company&rsquo;s management has consistently stated during the
Company&rsquo;s earnings calls and in other public comments and communications to investors that the Company was continuing to
evaluate potential alternatives and was willing to consider pursuing potential transactions as they may arise. Also, during 2016
and 2017, the Company&rsquo;s management continued to meet with representatives of KBW to gain additional perspective on the potential
for strategic transactions and on ways the Company might consider enhancing Shareholder value.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 47; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->37<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
late 2017, the Company&rsquo;s chief executive officer, Allen F. Grum, and chief financial officer, Daniel P. Penberthy (&ldquo;<U>Company
Management</U>&rdquo;), received an inquiry from a representative of an affiliate of East based in Buffalo, NY requesting to introduce
Company Management to other representatives of East.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
January 18, 2018, Company Management attended an introductory in-person meeting with representatives of East in which the parties
discussed broadly the possibility of seeking to work together on a possible transaction. At the close of the meeting, Company
Management and representatives of East agreed to arrange for additional follow-up discussions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
January 29, 2018, the Company sent a non-disclosure agreement to East (the &ldquo;<U>East Non-Disclosure Agreement</U>&rdquo;),
which, after a negotiation period, was signed by the parties. The East Non-Disclosure Agreement included a customary &ldquo;standstill&rdquo;
provision and related provisions designed to protect the Board&rsquo;s review process for potential strategic transactions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
January 30, 2018, representatives of East held an initial telephonic due diligence discussion with Freed Maxick CPAs, P.C., the
Company&rsquo;s independent registered public accounting firm, to discuss certain tax-related due diligence questions regarding
the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
March 1, 2018, Company Management traveled to East&rsquo;s offices located in Boca Raton, Florida to hold an in-person meeting
to further discuss the potential for a transaction between East and the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
March 14, 2018, Company Management, the Strategic Committee and representatives of Hodgson Russ LLP (&ldquo;<U>Hodgson Russ</U>&rdquo;),
the Company&rsquo;s outside legal counsel, held an in-person meeting in which Company Management provided the Strategic Committee
a description of the initial discussions with East. During the meeting, representatives of Hodgson Russ discussed the Strategic
Committee&rsquo;s legal responsibilities as part of strategic transaction review process and the standard of conduct governing
the acts of directors.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
March 22, 2018, at the direction of, and after review by, the Strategic Committee, Company Management sent a letter, via email,
to East requesting additional specific information regarding East and the elements of a potential transaction involving the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
April 2, 2018, East provided written responses to the Company&rsquo;s letter dated March 22, 2018. As part of these responses,
East described the specific elements of their proposed transaction, which were (i) East to contribute assets into Rand in exchange
for shares of Common Stock; (ii) the Company to declare a dividend to Shareholders in an amount sufficient to distribute the Company&rsquo;s
&ldquo;accumulated earnings and profits&rdquo; and thereby allowing the Company to be in a position to elect RIC status for U.S.
tax purposes; (iii) the Company to announce a new dividend policy going forward that was consistent with other dividend-paying
BDCs; and (iv) externalization of the Company&rsquo;s management function to a new management company, the Adviser, to seek to
bring the Company&rsquo;s expenses and management structure in-line with BDC industry norms.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
April 5, 2018, the Strategic Committee held a telephonic meeting, with Company Management and representatives of Hodgson Russ
present at the invitation of the Strategic Committee. During the meeting, Company Management outlined the written response received
from East to the Company&rsquo;s letter dated March 22, 2018. The Strategic Committee discussed and reviewed these responses,
including the proposed transaction structure. At the conclusion of the meeting, the Strategic Committee instructed Company Management
to have an additional meeting with East to further discuss and understand some of the responses provided.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
April 9, 2018, Company Management held a telephonic meeting with representatives of East in which general transaction structuring
matters were discussed.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
April 23, 2018, Company Management received an unsolicited inquiry from representatives of Party A to discuss a possible transaction
between the Company and Party A.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 48; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->38<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
April 27, 2018, Company Management and representatives of Party A had a general discussion regarding the Company and discussed
the broad terms of a possible strategic transaction between the Company and Party A.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
May 2, 2018, representatives of East sent an email to Company Management, describing the regulatory approvals that would need
to be obtained to proceed with a proposed transaction, including approval of the Shareholders for purposes of compliance with
the 1940 Act and approval from the SBA. This email was prepared based upon advice received by East from Eversheds Sutherland (US)
LLP (&ldquo;<U>Eversheds Sutherland</U>&rdquo;), as outside legal counsel to East.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
May 3, 2018, Company Management held a telephonic meeting with representatives of East to discuss the responses received from
East to the Company&rsquo;s letter dated March 22, 2018 and the regulatory approvals that would be required to execute on the
proposed transaction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition, on May 3, 2018, Company Management received a memorandum preliminarily outlining a potential transaction that involved
a reverse merger of an existing portfolio company of Party A into the Company in exchange for shares of Common Stock. The transaction
contemplated that the Company would terminate its status as a BDC and effect a distribution of the Company&rsquo;s portfolio company
securities to the existing Shareholders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
May 21, 2018, the Company executed a non-disclosure agreement with Party A, which included a customary &ldquo;standstill&rdquo;
provision and related provisions designed to protect the Board&rsquo;s review process for potential strategic transactions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
June 1, 2018, the Company received a draft letter of intent and exclusivity agreement from East (collectively the &ldquo;<U>East
Letter of Intent</U>&rdquo;). The East Letter of Intent proposed that East would contribute an unspecified amount of assets and
cash into the Company in exchange for the issuance to East of shares of Common Stock using a predetermined share price formula.
In addition, the East Letter of Intent provided that the Company would declare a dividend in an amount sufficient to distribute
the Company&rsquo;s &ldquo;accumulated earnings and profits&rdquo; in a ratio of 20% in cash and 80% in the Common Stock and,
in connection with announcement of the transaction, announce to the Shareholders an intention to adopt a new dividend policy that
would be consistent with other dividend-paying BDCs. The East Letter of Intent proposed creating a new external management company,
the Adviser, to serve as the Company&rsquo;s investment adviser. With regard to the Advisor&rsquo;s fee structure, the East Letter
of Intent provided for a base management fee of 1.50% on total gross assets of the Company and an undefined incentive fee structure
with a 20% incentive fee payable to the Adviser, subject to a 7% hurdle rate and a catch-up feature between 7% and 8.75%. Given
that East projected that the Adviser would operate at a loss in connection with its provision of investment advisory services
to the Company, the East Letter of Intent contemplated that the Company would pay a one-time transition fee to the Adviser in
an unspecified amount during the first year after completion of the transaction. The Adviser would employ the Company&rsquo;s
existing management and employees and would form an investment committee to approve new investments. The East Letter of Intent
proposed that, after the closing of the transaction, the Board size would be fixed at seven members with East receiving the right
to nominate four members. The East Letter of Intent was non-binding and included an exclusivity provision under which the parties
would agree to negotiate exclusively with one another for three months.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
June 8, 2018, the Strategic Committee held a meeting during which Company Management presented the terms of the East Letter of
Intent to the Strategic Committee. The Strategic Committee discussed the potential benefits of the transactions outlined in the
East Letter of Intent, including the value that it could create for the Shareholders and the immediate increased scale and liquidity
that the transaction would provide, as well as the execution risks associated therewith, noting specifically the need to obtain
Shareholder approval of the transaction, among other matters. Thereafter, the Strategic Committee discussed other factors to consider
in connection with the East Letter of Intent and instructed Company Management to seek additional clarity on certain elements
of the proposed transaction, including the price at which the Common Stock would be issued to East and the assets that were proposed
to be contributed by East.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
June 12, 2018, Party B purchased 1,455,993 shares of Common Stock at a price of $3.00 per share and filed a Schedule 13D with
the SEC on June 21, 2018 reporting such purchase.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 49; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->39<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
June 19, 2018, Company Management held an in-person meeting with Party A in which Party A presented a letter of intent for a proposed
transaction (&ldquo;<U>Party A Letter of Intent</U>&rdquo;). The Party A Letter of Intent proposed that the holding company for
Party A&rsquo;s existing portfolio of companies would complete a reverse merger with and into the Company. As consideration in
the merger, Party A would receive shares of Common Stock using a value of $3.17 per share of Common Stock for purposes of the
issuance to Party A. After the completion of the transaction, Party A would make an offer to purchase shares of Common Stock from
the other existing Shareholders at a price of $2.83 per share. The Party A Letter of Intent provided that the Company&rsquo;s
existing management would be retained after the completion of the transaction to manage a planned private equity investment division
of the combined company. The Party A Letter of Intent was non-binding and included an exclusivity provision under which the parties
would agree to negotiate exclusively with one another until either party provided 30 days&rsquo; notice to terminate the Party
A Letter of Intent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
June 22, 2018, East sent a letter to the Company providing additional supplemental information regarding the proposals described
in the East Letter of Intent (the &ldquo;<U>East Supplemental Letter</U>&rdquo;). With respect to its proposal to acquire shares
of Common Stock, East proposed that the aggregate investment from East would be in the amount of $25.0 million with approximately
50% of the consideration to be paid in the form of cash and approximately 50% of the consideration to come in the form of the
contribution by East of existing loans originated by East to the Company. East further proposed that the purchase price for the
Common Stock to be purchased in the transaction would be based upon an average of the 30-day, 60-day and 90-day moving average
stock price for the Common Stock as of the day prior to the transaction&rsquo;s announcement. In addition, as originally described
in the East Letter of Intent, East reiterated that it intended for the Company to declare a special dividend to Shareholders in
an amount sufficient to distribute the Company&rsquo;s &ldquo;accumulated earnings and profits,&rdquo; and thereby allow the Company
to be in a position to elect RIC status for U.S. tax purposes. It was East&rsquo;s expectation that it would participate in this
dividend as a Shareholder and that a portion of the cash consideration received from East in the Stock Purchase Transaction would
be used to fund a portion of the cash portion of this special dividend.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
June 26, 2018, the Company executed a non-disclosure agreement with Party B.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
June 28, 2018, the Strategic Committee held a telephonic meeting, with Company Management and representatives of KBW present at
the invitation of the Strategic Committee. During the meeting, Company Management described the contents of the East Supplemental
Letter. The Strategic Committee engaged in extensive discussions about the East Letter of Intent as supplemented by the East Supplemental
Letter, including the benefit to Shareholders of the proposed special dividend and the view that the purchase price for the Common
Stock as proposed by East in the East Supplement Letter undervalued the Common Stock given the control position to be obtained.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
July 2, 2018, Company Management held an in-person meeting with representatives of Party B. Company Management discussed the Company&rsquo;s
current strategy and the contents of its investment portfolio.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
July 5, 2018, Company Management held a telephonic meeting with representatives of East in which transaction structuring matters
were discussed.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
July 9, 2018, the Strategic Committee held a telephonic meeting, with Company Management and representatives of Hodgson Russ present
at the invitation of the Strategic Committee. The Strategic Committee discussed extensively the East Letter of Intent, the Party
A Letter of Intent and Company Management&rsquo;s discussions with Party B during the July 2, 2018 meeting.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
July 11, 2018, representatives of the Adviser sent a letter to the Company (the &ldquo;<U>Investment Adviser Supplemental Letter</U>&rdquo;),
in which the Adviser clarified the scope of investment advisory services proposed to be provided by the Adviser, reiterated the
fee structure described in the East Letter of Intent and proposed that the Adviser be paid a one-time transition fee by the Company
at the end of first year after the completion of the Transactions in the amount of $500,000 (the &ldquo;<U>Transition Fee</U>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
July 16, 2018, Company Management and representatives of KBW reviewed and discussed the information provided in the Investment
Adviser Supplemental Letter.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 50; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->40<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
July 17, 2018, Company Management held a telephonic meeting with representatives of East and the Adviser in which the parties
discussed the Investment Adviser Supplemental Letter, including the request for payment of the Transition Fee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
July 18, 2018, Company Management held a telephonic meeting with representatives of Party B in which further information regarding
the Company was exchanged.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
July 19, 2018, the Strategic Committee held a telephonic meeting with Company Management in which Company Management reviewed
the additional information provided in the Investment Adviser Supplemental Letter and Company Management&rsquo;s further discussions
with Party B.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
July 26, 2018, Company Management held a telephonic meeting with representatives of East and the Adviser in which the parties
discussed operational details regarding the external investment adviser structure and the role of the Adviser in the Company&rsquo;s
operations.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
July 26, 2018, the Board held a regular in-person board meeting. At this meeting, Company Management and the Strategic Committee
presented an update to the full Board regarding the work of the Strategic Committee and the current status of the process with
East and Party A and the discussion that had occurred with Party B. The full Board had a full discussion regarding the East Letter
of Intent and Party A Letter of Intent, including a discussion of the associated risks related to each of the potential transactions.
At the conclusion of this discussion, the Board directed the Strategic Committee to continue with and finalize its review of the
potential transactions and to report back to the Board with a recommendation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
July 31, 2018, the Strategic Committee held separate in-person meetings with representatives of East and the Adviser and representatives
of Party A. At the meeting with representatives of East and the Adviser, the parties discussed the East Letter of Intent, including
the information provided in the East Supplemental Letter and the Investment Adviser Supplemental Letter and associated business
issues. At the meeting with the representatives of Party A, the parties discussed the Party A Letter of Intent and associated
business issues.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
August 6, 2018, the Strategic Committee held a telephonic meeting, with Company Management, representatives of KBW and representatives
of Hodgson Russ present at the invitation of the Strategic Committee. The Strategic Committee discussed the status of its review
process with respect to the East Letter of Intent and Party A Letter of Intent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
August 31, 2018, the Strategic Committee held a telephonic meeting, with Company Management, representatives of KBW and representatives
of Hodgson Russ present at the invitation of the Strategic Committee. Representatives of KBW provided an update to the Strategic
Committee regarding a telephonic discussion that KBW had during mid-August with representatives of Party B, in which Party B had
indicated the possibility of contributing an existing portfolio company of Party B with a proposal value of $16 million to the
Company in exchange for additional shares of Common Stock at an unspecified issuance price (the &ldquo;<U>Party B Indication</U>&rdquo;).
Representatives of KBW then discussed the East Letter of Intent, the Party A Letter of Intent and the Party B Indication, noting
that each of the transactions would result in a different strategic direction for the Company as they each contained structural
differences and therefore were not directly comparable. The Strategic Committee, with input from representatives of KBW, Company
Management and representatives of Hodgson Russ, held a discussion to consider each of the proposals. At the conclusion of this
discussion, the Strategic Committee determined to recommend to the full Board that the Company focus its negotiations on the proposed
transaction with East and the Adviser and seek to revise the East Letter of Intent to add provision for a &ldquo;go shop&rdquo;
period, remove the proposed Transition Fee and increase the price at which the shares of Common Stock were to be issued to East
to $3.00 per share.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 51; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->41<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
September 5, 2018, the Board held a special telephonic meeting, with Company Management, representatives of KBW and representatives
of Hodgson Russ present at the invitation of the Board. Representatives of KBW discussed the East Letter of Intent, the Party
A Letter of Intent and the Party B Indication with the full Board. The Strategic Committee then presented its recommendation that
the Company focus its negotiations on the proposed transaction with East and seek to revise the East Letter of Intent to add provision
for a &ldquo;go shop&rdquo; period, remove the proposed Transition Fee and increase the price at which the shares of Common Stock
were to be issued to East to $3.00 per share. As part of this presentation to the Board, the Strategic Committee set forth its
reasoning for its recommendation, including that it believed that the proposed transaction with East provided better value to
the Shareholders and had greater certainty of completion as compared with the other alternatives that were considered by the Strategic
Committee. The Board then, with input from representatives of KBW, Company Management and representatives of Hodgson Russ, held
a discussion to consider each proposal and the recommendation of the Strategic Committee. At the conclusion of the meeting, the
Board directed Company Management and KBW to seek to negotiate the changes to the East Letter of Intent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
September 7, 2018, at the request of Company Management, representatives of KBW had a discussion with East in which they conveyed
the request to revise the East Letter of Intent to add provision for a &ldquo;go shop&rdquo; period, remove the proposed Transition
Fee and increase the price at which the shares of Common Stock were to be issued to East to $3.00 per share. East agreed that
it was only willing to remove the proposed Transition Fee and increase the price at which the shares of Common Stock were to be
issued to East to $3.00 per share.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
September 18, 2018, representatives of KBW, representatives of East and the Adviser and representatives of Party B had an in-person
meeting in which East presented the proposed terms set forth in the East Letter of Intent to representatives of Party B. The participants
discussed the proposed terms, but no further action was taken.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
October 5, 2018, the Company received an updated Party A Letter of Intent (the &ldquo;<U>Updated Party A Letter of Intent</U>&rdquo;)
in which Party A revised its proposal to (i) increase the price per share of Common Stock to be used for purposes of the determining
the number of shares to be issued to Party A as the merger consideration from $3.17 per share to $3.50 per share and (ii) increase
the price at which Party A would offer to purchase shares of Common Stock after completion of the transaction from $2.83 per share
to $3.00 per share.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
October 8, 2018, East presented an updated draft of the East Letter of Intent (the &ldquo;<U>Updated East Letter of Intent</U>&rdquo;)
in which it removed the requirement for payment of a Transition Fee and increased the price at which the shares of Common Stock
would be issued to East to $3.00 per share. In addition, East revised the provision regarding the size of the Board to provide
that the size would be five members or seven members as determined after the closing of the transaction with East having the right
to designate two persons for nomination to the Board.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
October 10, 2018, the Strategic Committee held a telephonic meeting, with Company Management, representatives of KBW and representatives
of Hodgson Russ present at the invitation of the Strategic Committee. Representatives of KBW and Company Management provided an
update on the status of negotiations with East, including the revisions to the prior transaction proposal as set forth in the
Updated East Letter of Intent and reported that East was unwilling to agree to a &ldquo;go shop&rdquo; period as part of the transaction.
The Strategic Committee discussed the Updated Party A Letter of Intent, but ultimately determined that the execution risks associated
with the proposed transaction with Party A did not outweigh the enhanced financial terms as set forth in the Updated Party A Letter
of Intent. The Strategic Committee also discussed the fact the Company has made numerous public statements that it was willing
to consider potential transactions, and therefore determined that it was willing to proceed without a &ldquo;go shop&rdquo; period
in the transaction agreement. At the completion of the meeting, the Strategic Committee determined to recommend approval of the
Updated East Letter of Intent to the Board at the meeting to be held on October 11, 2018.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
October 11, 2018, the Board held an in-person meeting, with Company Management, representatives of KBW and representatives of
Hodgson Russ present at the invitation of the Board. Representatives of KBW and Company Management provided an update on the status
of negotiations with East to the full Board, including the revisions to the prior transaction proposal as set forth in the Updated
East Letter of Intent. The members of the Strategic Committee discussed the negotiation process and their recommendation to approve
the Updated East Letter of Intent. After a discussion by the Board, with input from representatives of KBW and representatives
of Hodgson Russ, regarding the terms of the Updated East Letter of Intent, the Board approved the Updated East Letter of Intent
and directed Company Management to finalize negotiation of the terms of the Updated East Letter of Intent, including providing
for a maximum 60-day exclusivity period, and, upon being finalized, execute the Updated East Letter of Intent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
October 12, 2018, Company Management sent a revised draft of the Updated East Letter of Intent to East, which, among other changes,
shortened the exclusivity period to 60 days.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 52; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->42<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
October 31, 2018, representatives of East sent a further revised draft of the Updated East Letter of Intent to the Company in
which they proposed a 90-day exclusivity period.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
November 6, 2018, a revised draft of the Updated East Letter of Intent was exchanged in which the parties agreed to set the exclusivity
period to expire on December 31, 2018 with an automatic 30-day extension period if, as of such date, the parties were working
in good faith towards the execution of definitive agreements with respect to the transaction. East and the Company then each executed
the Updated East Letter of Intent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
November 9, 2018, Company Management, representatives of Hodgson Russ, representatives of East and representatives of Eversheds
Sutherland held a telephonic meeting to discuss documentation preparation responsibilities based upon the executed Updated East
Letter of Intent, transaction structuring issues and a transaction timeline.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
November 21, 2018, representatives of the Company presented a questionnaire to be completed by the Adviser pursuant to Section
15(c) of the 1940 Act (the &ldquo;<U>15(c) Questionnaire</U>&rdquo;) for use by the Board in connection with its evaluation of
the Adviser&rsquo;s capacity and capabilities to serve as the investment adviser for the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
November 26, 2018, representatives of Eversheds Sutherland delivered a draft of the Stock Purchase Agreement to the Company and
Hodgson Russ.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
November 27, 2018, representatives of Eversheds Sutherland delivered an initial due diligence request list to the Company and
Hodgson Russ. Responses to such request were subsequently delivered to Eversheds Sutherland by the Company and Hodgson Russ during
December 2018 and January 2019.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
November 28, 2018, representatives of Eversheds Sutherland delivered a draft of the Administration Agreement to the Company and
Hodgson Russ.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
November 29, 2018, representatives of DLA Piper LLP (US) (&ldquo;<U>DLA Piper</U>&rdquo;), as outside legal counsel to the Adviser,
delivered a draft of the Investment Management Agreement to the Company and Hodgson Russ.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
November 30, 2018, representatives of Hodgson Russ delivered a revised draft of the Investment Management Agreement to DLA Piper
and the Adviser, which included proposed revised terms on the calculation of the incentive-based fees that would be payable to
the Adviser.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
December 3, 2018, representatives of Hodgson Russ delivered a revised draft of the Stock Purchase Agreement to Eversheds Sutherland
and East.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
December 4, 2018, representatives of Hodgson Russ and representatives of DLA Piper held a telephonic conference call to discuss
Hodgson Russ&rsquo; proposed revisions to the Investment Management Agreement, including revisions to the calculation of the incentive
fees payable to the Adviser under the Investment Management Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
December 5, 2018, representatives of Hodgson Russ delivered a revised draft of the Administration Agreement to Eversheds Sutherland,
East and the Adviser.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
December 10, 2018, representatives of DLA Piper delivered a revised draft of the Investment Management Agreement to the Company
and Hodgson Russ. In addition, on December 10, 2018, representatives of Eversheds Sutherland delivered a revised draft of the
Administration Agreement and an initial draft of the Shareholder Agreement to the Company and Hodgson Russ.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
December 12, 2018, Dansa, D&rsquo;Arata Soucia LLP, as advisors to the Company, delivered summary memorandums describing the terms
and providing other financial information regarding each of the loans and other securities proposed to be contributed by East
to the Company as a portion of the consideration payable by East in the Stock Purchase Transaction. Company Management delivered
each of these summary memorandums to the Board for its review.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 53; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->43<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
December 13, 2018, representatives of Hodgson Russ delivered a revised draft of the Investment Advisory Agreement to DLA Piper
and the Adviser and delivered a revised draft of the Administration Agreement and the Shareholder Agreement to Eversheds Sutherland,
East and the Adviser.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
December 17, 2018, the Board, with Company Management, representatives of KBW and representatives of Hodgson Russ in attendance
at the invitation of the Board, held an in-person meeting to review in detail the then-proposed terms of the Stock Purchase Agreement,
the Investment Management Agreement and the Administration Agreement. During this meeting, representatives of Hodgson Russ discussed
the standard of conduct and the information to be reviewed by the Board, including the 15(c) Questionnaire and accompanying information,
in connection with the Board&rsquo;s evaluation of the Investment Management Agreement and consideration of the approval of the
Adviser to serve as investment adviser to the Company. Representatives of KBW discussed the financial aspects of the proposed
Stock Purchase Transaction on a preliminary basis. After the completion of this review, representatives of East and the Adviser
were invited into the meeting and made an in-person presentation to the Board regarding their background and the business case
for the Stock Purchase Transaction and the Externalization Transaction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
December 21, 2018, representatives of Eversheds Sutherland delivered a draft of a completed 15(c) Questionnaire and a revised
draft of the Administration Agreement to the Company and Hodgson Russ.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
December 28, 2018, representatives of Hodgson Russ and Company Management held an in-person meeting to review the draft 15(c)
Questionnaire and related materials provided by the Adviser and to discuss open business and legal issues in the Administration
Agreement and the Investment Management Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
January 2, 2019, representatives of Eversheds Sutherland delivered a revised draft of the Stock Purchase Agreement and the Shareholder
Agreement to the Company and Hodgson Russ.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
January 3, 2019, representatives of Hodgson Russ delivered a list of comments and questions on the draft 15(c) Questionnaire to
Eversheds Sutherland.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
January 7, 2019, representatives of Hodgson Russ and representatives of Eversheds Sutherland held a telephonic meeting to discuss
Hodgson Russ&rsquo; previously circulated comments and questions on the draft 15(c) Questionnaire.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
January 13, 2019, representatives of the Company delivered a list of open business and legal issues with respect to the Stock
Purchase Agreement, the Shareholder Agreement, the Investment Management Agreement and the Administration Agreement to East, the
Adviser and Eversheds Sutherland.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
January 14, 2019, Company Management, representatives of Hodgson Russ, representatives of East, representatives of the Adviser
and representatives of Eversheds Sutherland held a telephonic meeting to discuss the list of open business and legal issues with
respect to the Stock Purchase Agreement, the Shareholder Agreement, the Investment Management Agreement and the Administration
Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
January 16, 2019, representatives of Hodgson Russ delivered revised drafts of the Stock Purchase Agreement, the Shareholder Agreement
and the Administration Agreement to East, the Adviser and Eversheds Sutherland.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
January 17, 2019, Eversheds Sutherland delivered an updated 15(c) Questionnaire to the Company and Hodgson Russ.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
the morning of January 18, 2019, the Strategic Committee held a telephonic meeting with Company Management and representatives
of Hodgson Russ to discuss the open business and legal issues with respect to the Stock Purchase Agreement, the Shareholder Agreement,
the Investment Management Agreement and the Administration Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
the afternoon of January 18, 2019, representatives of Eversheds Sutherland delivered a list of open business and legal issues
with respect to the Stock Purchase Agreement and the Shareholder Agreement and revised drafts of the Stock Purchase Agreement,
the Shareholder Agreement and the Administration Agreement to the Company and Hodgson Russ.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 54; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->44<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
the morning of January 22, 2019, representatives of Hodgson Russ delivered an updated list of open business and legal issues with
respect to the Stock Purchase Agreement and the Shareholder Agreement to East and Eversheds Sutherland. In the afternoon of January
22, 2019, representatives of Eversheds Sutherland delivered responses to each of the items included on the updated list of open
business and legal issues back to the Company and Hodgson Russ.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
the morning of January 23, 2019, representatives of Hodgson Russ and Company Management held a telephonic meeting in which the
responses to the updated list of open business and legal issues were reviewed. In the afternoon of January 23, 2019, representatives
of Hodgson Russ delivered updated drafts of the Stock Purchase Agreement, the Shareholder Agreement and the Administration Agreement
to Eversheds Sutherland, the Adviser and East, and representatives of DLA Piper delivered an updated draft of the Investment Management
Agreement to Hodgson Russ and the Company. In addition, on January 23, 2019, Eversheds Sutherland delivered a final completed
15(c) Questionnaire to the Company and Hodgson Russ.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
the morning of January 24, 2019, the Strategic Committee held a telephonic meeting with Company Management and representatives
of Hodgson Russ to discuss the resolution of the open business and legal issues with respect to the Stock Purchase Agreement,
the Shareholder Agreement, the Investment Management Agreement and the Administration Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
the afternoon of January 24, 2019, the Board held an in-person meeting, with Company Management, representatives of KBW and Hodgson
Russ in attendance at the invitation of the Board, to consider approval of the Stock Purchase Agreement, the Shareholder Agreement,
the Investment Management Agreement and the Administration Agreement, and to consider whether to approve those agreements and
the transactions contemplated thereby, including the Amendment to the Certificate of Incorporation. At this meeting, KBW reviewed
the financial aspects of the proposed Stock Purchase Transaction and rendered an opinion to the Board to the effect that, as of
such date and subject to the procedures followed, assumptions made, matters considered, and qualifications and limitations on
the review undertaken by KBW as set forth in such opinion, the consideration of $3.00 per share of Common Stock to be received
in the Stock Purchase Transaction was fair, from a financial point of view, to the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Later
during the Board meeting of January 24, 2019, representatives of Hodgson Russ reiterated the applicable standard of conduct, fiduciary
duties and the responsibilities of the Board before providing an overview of the Stock Purchase Agreement, the Shareholder Agreement,
the Investment Management Agreement and the Administration Agreement, including a summary of the key terms and closing conditions
in each, the interaction of the agreements and related matters. Representatives of Hodgson Russ also assisted the Board in reviewing
the final completed 15(c) Questionnaire. After further discussion and deliberation, the Board unanimously determined that the
Stock Purchase Agreement, the Investment Management Agreement, the Shareholder Agreement and the Administration Agreement and
the transactions contemplated thereby and the Amendment to the Certificate of Incorporation were advisable and in the best interests
of the Company and the Shareholders and unanimously voted to approve the Stock Purchase Agreement, the Investment Advisory Agreement,
the Shareholder Agreement and the Administration Agreement and the transactions contemplated thereby and the Amendment to Certificate
of Incorporation, and to recommend that the Shareholders approve (i) the Sale Below NAV Proposal, (ii) the Nasdaq Proposal, (iii)
the Investment Management Agreement Proposal, (iv) the Certificate of Incorporation Amendment Proposal and (v) the Adjournment
Proposal, and directed that the relevant matters be submitted to the Shareholders for approval and adoption at a special meeting
of Shareholders together with the Board&rsquo;s recommendation that the Shareholders approve those matters.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
the early evening of January 24, 2019, following the meeting of the Board, the Stock Purchase Agreement was circulated in final
form, with the final form of each of the Shareholder Agreement, the Administration Agreement and the Investment Management Agreement
attached thereto as exhibits, by representatives of Hodgson Russ to the Company, East and Eversheds Sutherland. Thereafter, later
in the evening of January 24, 2019, the Company and East executed the Stock Purchase Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 55; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->45<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">On
the morning of January 25, 2019, prior to the opening of trading markets, the Company issued a press release announcing the Transactions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_024"></A>Reasons
for the Transactions</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
recommending that the Shareholders approve (i) the Sale Below NAV Proposal, (ii) the Nasdaq Proposal, (iii) the Investment Management
Agreement Proposal, (iv) the Certificate of Incorporation Amendment Proposal, and (v) the Adjournment Proposal, the Board considered
the terms of the Stock Purchase Agreement, the Investment Management Agreement, the Administration Agreement and the other transactions
and agreements relating thereto, as well as a range of other potential strategic alternatives and proposals. As part of its evaluation,
the Board considered the financial terms, risks, timing and uncertainties of other potential strategic alternatives and proposals,
as well as financial information prepared by the Company&rsquo;s management. The Board consulted with outside financial and legal
advisors and the Company&rsquo;s management, and considered a number of reasons, including, among others:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Cash Consideration and Contributed Investment Assets with an aggregate value of $25.0 million that will be received as consideration
    from East in the Stock Purchase Transaction;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    contribution of the Contributed Investment Assets to the Company increases the total assets under management by the Company,
    thereby diversifying the Company&rsquo;s investment portfolio and increasing the Company&rsquo;s scale;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Contributed Investment Assets primarily consist of income producing debt investments that will increase the income producing
    portion of the Company&rsquo;s investment portfolio consistent with the shift in the Company&rsquo;s investment strategy towards
    investing in more interest-yielding debt securities;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><P STYLE="margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
                                         Externalization Transaction will provide for the management of the Company&rsquo;s investment
                                         portfolio by an external investment adviser with the experience, expertise in financial
                                         due diligence and evaluation of potential investments and access to a network
                                         of family offices that the Board believes will enhance the Company&rsquo;s access
                                         to investment opportunities and investment decision process;</FONT></P>


</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    administration of the Company by the Adviser, in its capacity as investment adviser and administrator to the Company, under
    the Investment Management Agreement and the Administration Agreement, respectively, is anticipated to reduce the Company&rsquo;s
    expense-to-asset ratio;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Transactions, taken as a whole, will help accelerate the shift in the Company&rsquo;s investment strategy towards investing
    in more interest-yielding debt securities;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Company intends for the Shareholders (including East) to receive the Special Dividend after the Closing of the Transactions
    and, contingent upon meeting certain tax related conditions, the Company and Rand SBIC expect to elect to be taxed as RICs
    for U.S. federal tax purposes;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    price per share of Common Stock to be sold to East under the Stock Purchase Transaction of $3.00 per share represents a 33%
    premium per share over the closing price of Common Stock on January 24, 2019 (the trading day immediately prior to the announcement
    of the Transactions);</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif">&#9679;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">each
    of the members of the Board, including a majority of the independent directors thereof, has approved the Investment Management
    Agreement, with entry into the Investment Management Agreement by the Company conditioned on approval thereof by the Shareholders
    and the consummation of the Transactions;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Board perceived the Transactions as providing better value to the Shareholders and greater certainty of completion than the
    other strategic alternatives evaluated by the Board;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Company&rsquo;s management has consistently stated during the Company&rsquo;s earnings calls and in other public comments
    and communications to investors that the Company was continuing to evaluate potential alternatives and was willing to consider
    pursuing potential transactions as they may arise;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 56; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->46<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    financial presentation, dated January 24, 2019, of KBW to the Board and the opinion, dated January 24, 2019, of KBW to the
    Board as to the fairness, from a financial point of view and as of the date of the opinion, to the Company of the consideration
    of $3.00 per share of Common Stock to be received in the Stock Purchase Transaction, as more fully described below under &ldquo;Opinion
    of the Company&rsquo;s Financial Advisor;&rdquo;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Stock Purchase Agreement, the Investment Management Agreement and the Administration Agreement each have customary terms and
    were the product of extensive arm&rsquo;s-length negotiations by the Company with the assistance of its outside advisors;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">East
    has provided a representation in the Stock Purchase Agreement that it has sufficient immediately available funds in cash or
    cash equivalents or availability under lines of credit to enable it to pay the Cash Consideration due at the Closing and any
    other amounts due to be paid by East under the Stock Purchase Agreement;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">under
    the Stock Purchase Agreement, the Board&rsquo;s ability to change its recommendation to Shareholders in certain circumstances,
    subject to East&rsquo;s ability to propose adjustments to the terms and conditions of the Stock Purchase Agreement that may
    convince the Board not to change its recommendation, and subject to East&rsquo;s right to terminate the Stock Purchase Agreement
    following such change in recommendation and to collect a Termination Fee of up to $750,000;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">under
    the Stock Purchase Agreement, the Board&rsquo;s ability to engage in discussions regarding, and ultimately accept, a Superior
    Proposal (as defined below) subject to East&rsquo;s ability to match such Superior Proposal and subject to paying a Termination
    Fee of up to $750,000;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">under
    the Stock Purchase Agreement, the aggregate maximum amount of the Termination Fee payable by the Company is 3.0% of the aggregate
    consideration to be paid to the Company by East under the Stock Purchase Transaction, which amount the Board believed was
    reasonable in light of, among other matters, the benefits of the Stock Purchase Transaction to the Company and the Shareholders,
    the typical size of the termination fees in similar transactions and the likelihood that a fee of such size would not be a
    meaningful deterrent to competing acquisition proposals; and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Shareholders could experience future appreciation in the value of the Common Stock if the Adviser is able to successfully
    manage the Company.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
the course of reaching the determinations and decisions and making the recommendation described above, the Board considered the
risks and potentially negative items relating to the Transactions, including the following material items (which are not necessarily
presented in order of relative importance or significance):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    possibility that the consummation of the Transactions may be delayed or not occur at all, and the possible significant adverse
    impact that such event would have on the Company and its business;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    restrictions on the conduct of the Company&rsquo;s business during the period between execution of the Stock Purchase Agreement
    and the Closing, which may delay or prevent the Company from undertaking business opportunities that may arise during such
    time which, absent the Stock Purchase Agreement, the Company might otherwise have pursued;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    disruption to the Company&rsquo;s business that resulted from the negotiation of the Stock Purchase Agreement and the Investment
    Management Agreement and the potential disruption that may result from announcement of the Transactions and the resulting
    distraction of management&rsquo;s attention from day-to-day operation of the business;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    potential negative effect of the pendency of the Transactions on the Company&rsquo;s business, including uncertainty about
    the effect of the Transactions on the Company&rsquo;s business partners and other parties, which may impair the Company&rsquo;s
    ability to retain and motivate key personnel, and could cause business partners, the Company&rsquo;s portfolio companies and
    others to seek to change existing business relationships with the Company;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 57; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->47<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">under
    the terms of the Stock Purchase Agreement, the Company is unable to actively solicit other acquisition proposals during the
    pendency thereof or to engage in discussions with parties that make unsolicited acquisition proposals;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Company will be required to pay the Termination Fees to East if the Stock Purchase Agreement is terminated under certain circumstances,
    including if the Stock Purchase Agreement is terminated in connection with an adverse recommendation change by the Board or
    as a result of the Company materially violating the &ldquo;non-solicitation&rdquo; or &ldquo;no-shop&rdquo; covenants thereof,
    or in the event the Board desires to accept an Superior Proposal from a third party;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">some
    of the Company&rsquo;s officers and employees may be deemed to have interests in the Transactions that are different from,
    or in addition to, the interests of Shareholders generally; and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    items described in the section of this proxy statement captioned &ldquo;Risk Factors.&rdquo;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
foregoing discussion of reasons considered by the Board contains the material reasons considered by the Board, but is not in any
way intended to be exhaustive. In light of the variety of reasons considered in connection with its evaluation of the Transactions,
the Board did not find it practicable to, and did not, quantify or otherwise assign relative weights to the specific reasons considered
in reaching its determinations and recommendations. Each member of the Board applied his own business judgment to the process
and may have given different weight to different reasons. The Board did not undertake to make any specific determination as to
whether any reason or any particular aspect of a reason supported or did not support their ultimate determination. The Board based
its respective recommendations on the totality of the information presented.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Resolutions
approving the Stock Purchase Agreement, the Investment Management Agreement, the Administration Agreement, the Shareholder Agreement,
the Amendment to the Certificate of Incorporation and the transactions contemplated thereby were unanimously approved by the Board,
including its independent directors, on January 24, 2019.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><A NAME="k_025"></A>Opinion
of the Company&rsquo;s Financial Advisor</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Company engaged KBW to render financial advisory and investment banking services to the Company, including an opinion to the Board
as to the fairness, from a financial point of view, to the Company of the consideration to be received in the Stock Purchase Transaction.
The Company selected KBW because KBW is a nationally recognized investment banking firm with substantial experience in transactions
similar to the Stock Purchase Transaction. As part of its investment banking business, KBW is regularly engaged in the valuation
of securities of BDCs in connection with mergers and acquisitions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">As
part of its engagement, representatives of KBW attended the meeting of the Board held on January 24, 2019 at which the Board evaluated
the Stock Purchase Transaction. At this meeting, KBW reviewed the financial aspects of the Stock Purchase Transaction and rendered
an opinion to the effect that, as of such date and subject to the procedures followed, assumptions made, matters considered, and
qualifications and limitations on the review undertaken by KBW as set forth in such opinion, the consideration of $3.00 per share
of Common Stock to be received in the Stock Purchase Transaction was fair, from a financial point of view, to the Company. The
Board approved the Stock Purchase Agreement at this Board meeting.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
description of KBW&rsquo;s opinion in this proxy statement is qualified in its entirety by reference to the full text of the opinion,
which is attached as <U>Appendix F</U> to this proxy statement and is incorporated herein by reference, and describes the procedures
followed, assumptions made, matters considered, and qualifications and limitations on the review undertaken by KBW in preparing
the opinion.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>KBW&rsquo;s
opinion speaks only as of the date of the opinion. The opinion was for the information of, and was directed to, the Board (in
its capacity as such) in connection with its consideration of the financial terms of the Stock Purchase Transaction. The opinion
addressed only the fairness, from a financial point of view, of the consideration of $3.00 per share of Common Stock to be received
in the Stock Purchase Transaction to the Company. It did not address the underlying business decision of the Company to engage
in the Stock Purchase Transaction or enter into the Stock Purchase Agreement or constitute a recommendation to the Board in connection
with the Stock Purchase Transaction, and it does not constitute a recommendation to any Shareholder or any shareholder of any
other entity as to how to vote or act in connection with the Stock Purchase Transaction, the Externalization Transaction or any
other matter (including what election any holder of Common Stock should make in the Special Dividend, if it occurs, with respect
to Common Stock or cash).</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>


<!-- Field: Page; Sequence: 58; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->48<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">KBW&rsquo;s
opinion was reviewed and approved by KBW&rsquo;s fairness opinion committee in conformity with its policies and procedures established
under the requirements of Rule&nbsp;5150 of the Financial Industry Regulatory Authority.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
connection with the opinion, KBW reviewed, analyzed and relied upon material bearing upon the financial and operating condition
of the Company and bearing upon the Stock Purchase Transaction, including, among other things:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">a
    draft of the Stock Purchase Agreement, dated January 23, 2019 (the most recent draft then made available to KBW);</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Annual Report on Form 10-K for the year ended December&nbsp;31, 2017 of the Company, including the audited financial statements
    contained therein;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Quarterly Reports on Form 10-Q for the fiscal quarters ended March 31, 2018, June 30, 2018 and September 30, 2018 of the Company,
    including the unaudited quarterly financial statements contained therein;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">certain
    other interim reports and other communications of the Company to the Shareholders; and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">other
    financial information concerning the business and operations of the Company that were furnished to KBW by the Company or that
    KBW was otherwise directed to use for purposes of its analysis.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">KBW&rsquo;s
consideration of financial information and other factors that it deemed appropriate under the circumstances or relevant to its
analyses included, among others, the following:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    historical and current financial position and results of operations of the Company;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    assets and liabilities of the Company;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    nature and terms of certain merger transactions and business combinations in the BDC industry; and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">a
    comparison of certain financial and stock market information of the Company with similar information for certain other companies,
    the securities of which were publicly traded.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">KBW
also performed such other studies and analyses as it considered appropriate and took into account its assessment of general economic,
market and financial conditions and its experience in other transactions, as well as its experience in securities valuation and
knowledge of the BDC industry generally. KBW also participated in discussions with the Company management regarding the past and
current business operations, financial condition and future prospects of the Company and such other matters as KBW deemed relevant
to its inquiry. KBW was not requested to, and did not, assist the Company with soliciting indications of interest from third parties
other than East and another party regarding a potential transaction with the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 59; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->49<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
conducting its review and arriving at its opinion, KBW relied upon and assumed the accuracy and completeness of all of the financial
and other information that was provided to it or that was publicly available and did not independently verify the accuracy or
completeness of any such information or assume any responsibility or liability for such verification, accuracy or completeness.
In connection with its opinion, KBW did not perform any financial analyses to estimate the value of the Company&rsquo;s existing
investment assets or the Contributed Investment Assets, and KBW expressed no opinion as to the stated fair value of the Company&rsquo;s
existing investment assets as determined by Company management as of September 30, 2018 or the Contributed Investment Assets Fair
Value as would be determined pursuant to the Stock Purchase Agreement. KBW did not rely upon a liquidation analysis for purposes
of its opinion. The Company advised KBW that the fair value of its existing investment assets (the Company advised KBW that &ldquo;fair
value&rdquo; was defined under the applicable accounting rules as the price that would be received to sell an asset in an orderly
transaction between market participants on the measurement date) was not the same as the likely realizable value of those investment
assets in a liquidation scenario where those assets would not be held to maturity or otherwise but would be sold immediately or
over a relatively short period of time. Specifically, the Company advised KBW that: (i) all of the Company&rsquo;s investment
assets as of September 30, 2018 consisted of private securities of small or development stage companies that were not publicly
traded and for which no orderly market existed; (ii) there was necessarily significant subjectivity and uncertainty involved in
determining the fair value of investments for which there was no orderly market; (iii) in a liquidation scenario, there might
be few or no independent, willing and able buyers for the Company&rsquo;s investment assets; and (iv) as a result, the likely
realizable value of the Company&rsquo;s investment assets in a liquidation scenario at any measurement date, including giving
effect to estimated costs to be incurred by the Company in connection with a liquidation and applying a reasonable discount rate
to present value sale proceeds assumed to be received in the future, could be significantly below the value of those investment
assets determined on a fair value basis at that same measurement date. Given this, the Company advised KBW that at September 30,
2018, the likely realizable value of its investment assets in a liquidation scenario, if determined and given effect as of that
date, could reasonably be expected to result in a NAV per share of the Company of less than $3.00 per share. In addition, at the
direction of the Company&rsquo;s management and with the consent of the Board, KBW did not rely upon a dividend discount analysis
for purposes of its opinion given that the Company&rsquo;s management did not furnish to KBW financial and operating forecasts
and projections of the Company that provided a reasonable basis upon which KBW could perform such analysis.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">KBW
assumed that there were no material changes in the assets, liabilities, financial condition, results of operations, business or
prospects of the Company since the date of the last financial statements of the Company that were made available to KBW and that
KBW was directed to use. In rendering its opinion, KBW did not make or obtain any evaluations or appraisals or physical inspection
of the property, assets or liabilities (contingent or otherwise) of the Company or of or relating to any of the Contributed Investment
Assets, the collateral securing any of such assets or liabilities, or the collectability of any such assets, nor did KBW examine
any individual loan or credit files, nor did it evaluate the solvency, financial capability or fair value of the Company under
any state or federal laws, including those relating to bankruptcy, insolvency or other matters. Estimates of values of companies
and assets do not purport to be appraisals or necessarily reflect the prices at which companies or assets may actually be sold.
Because such estimates are inherently subject to uncertainty, KBW assumed no responsibility or liability for their accuracy.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">KBW
assumed, in all respects material to its analyses:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Stock Purchase Transaction would be completed substantially in accordance with the terms set forth in the Stock Purchase Agreement
    (the final terms of which KBW assumed would not differ in any respect material to its analyses from the draft version of the
    Stock Purchase Agreement that was reviewed by KBW and referred to above) with no adjustments to the transaction consideration
    (including the allocation thereof between the Contributed Investment Assets and the Cash Consideration);</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    representations and warranties of each party in the Stock Purchase Agreement and in all related documents and instruments
    referred to in the Stock Purchase Agreement were true and correct;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">each
    party to the Stock Purchase Agreement or any of the related documents would perform all of the covenants and agreements required
    to be performed by such party under such documents;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">there
    were no factors that would delay or subject to any adverse conditions, any necessary regulatory or governmental approval for
    the Stock Purchase Transaction and that all conditions to the completion of the Stock Purchase Transaction would be satisfied
    without any waivers or modifications to the Stock Purchase Agreement or any of the related documents; and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">in
    the course of obtaining the necessary regulatory, contractual, or other consents or approvals for the transaction, no restrictions,
    including any divestiture requirements, termination or other payments or amendments or modifications, would be imposed that
    would have a material adverse effect on the future results of operations or financial condition of the Company or the contemplated
    benefits of the Stock Purchase Transaction.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 60; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->50<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
purposes of KBW&rsquo;s opinion, no effect was given to the Externalization Transaction, the intended Special Dividend, if any,
or any aspect, implication or effect thereof, including the planned RIC Election. KBW assumed that the Stock Purchase Transaction
would be consummated in a manner that complied with the applicable provisions of the Securities Act of 1933, as amended, the Exchange
Act, and all other applicable federal and state statutes, rules and regulations and the governing organizational documents of
the Company. KBW was further advised by representatives of the Company that the Company relied upon advice from its advisors (other
than KBW) or other appropriate sources as to all legal, financial reporting, tax, accounting and regulatory matters with respect
to the Company, the Stock Purchase Transaction and any related transactions (including the Externalization Transaction and the
intended Special Dividend), and the Stock Purchase Agreement. KBW did not provide advice with respect to any such matters.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">KBW&rsquo;s
opinion addressed only the fairness, from a financial point of view, as of the date of such opinion, to the Company of the $3.00
per share consideration in the Stock Purchase Transaction. KBW expressed no view or opinion as to any other terms or aspects of
the Stock Purchase Transaction or any term or aspect of any related transaction (including the Externalization Transaction or
the intended Special Dividend), including without limitation, the form or structure of the Stock Purchase Transaction (including
the form of the Stock Purchase Transaction consideration or the allocation thereof between the Contributed Investment Assets and
the Cash Consideration) or any such related transaction, any consequences of the transaction to the Company, its Shareholders,
creditors or otherwise (including the ownership dilution to existing holders of the Common Stock), or any terms, aspects, merits
or implications of any agreements, arrangements or understandings contemplated or entered into in connection with the transaction,
any such related transaction, or otherwise. KBW&rsquo;s opinion was necessarily based upon conditions as they existed and could
be evaluated on the date of such opinion and the information made available to KBW through such date. Developments subsequent
to the date of KBW&rsquo;s opinion may have affected, and may affect, the conclusion reached in KBW&rsquo;s opinion and KBW did
not and does not have an obligation to update, revise or reaffirm its opinion. KBW&rsquo;s opinion did not address, and KBW expressed
no view or opinion with respect to:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    underlying business decision of the Company to engage in the Stock Purchase Transaction or any related transaction or enter
    into the Stock Purchase Agreement;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    relative merits of the Stock Purchase Transaction or any related transaction as compared to any strategic alternatives that
    are, have been or may be available to or contemplated by the Company or the Board;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any
    business, operational or other plans with respect to the Company that might be contemplated by the Company or the Board or
    that might be implemented by the Company or the Board subsequent to the Closing (including, without limitation, the Externalization
    Transaction or the planned RIC Election);</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    fairness of the amount or nature of any compensation to any of the Company&rsquo;s officers, directors or employees, or any
    class of such persons, relative to the Purchase Price;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    effect of the Stock Purchase Transaction or any related transaction on holders of any class of securities of the Company or
    any other party to any transaction contemplated by the Stock Purchase Agreement;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any
    election by Shareholders to receive the Common Stock or cash in the Special Dividend, if it occurs, or the actual allocation
    among such holders between the Common Stock and cash;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    actual value of the Common Stock to be issued in connection with the Stock Purchase Transaction or, if it occurs, the Special
    Dividend;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    prices, trading range or volume at which the Common Stock would trade following the public announcement of the Transactions
    or following the Closing or the prices at which any of the Contributed Investment Assets may be sold at any time;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any
    fees or other terms of the Investment Management Agreement;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 61; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->51<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any
    advice or opinions provided by any other advisor to any of the parties to the Transactions or any other transaction contemplated
    by the Transactions; or</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any
    legal, regulatory, accounting, tax or similar matters relating to the Company, any of the Shareholders, or relating to or
    arising out of or as a consequence of the Transactions or any transaction related thereto, including whether or not the Company
    and Rand SBIC would qualify as RICs for U.S. federal income tax purposes following the Transaction, the intended Special Dividend
    and the Externalization Transaction.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
performing its analyses, KBW made numerous assumptions with respect to industry performance, general business, economic, market
and financial conditions and other matters, which are beyond the control of KBW and the Company. Any estimates contained in the
analyses performed by KBW are not necessarily indicative of actual values or future results, which may be significantly more or
less favorable than suggested by these analyses. Additionally, estimates of the value of businesses or securities do not purport
to be appraisals or to reflect the prices at which such businesses or securities might actually be sold. Accordingly, these analyses
and estimates are inherently subject to substantial uncertainty. In addition, the KBW opinion was among several factors taken
into consideration by the Board in making its determination to approve the Stock Purchase Agreement and the Stock Purchase Transaction.
Consequently, the analyses described below should not be viewed as determinative of the decision of the Board with respect to
the fairness of the consideration in the Stock Purchase Transaction. The type and amount of consideration payable in the Stock
Purchase Transaction were determined through negotiation between the Company and East, and the decision of the Company to enter
into the Stock Purchase Agreement was solely that of the Board.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
following is a summary of the material financial analyses presented by KBW to the Board in connection with its opinion. The summary
is not a complete description of the financial analyses underlying the opinion or the presentation made by KBW to the Board, but
summarizes the material analyses performed and presented in connection with such opinion. The financial analyses summarized below
include information presented in tabular format. The tables alone do not constitute a complete description of the financial analyses.
The preparation of a fairness opinion is a complex analytic process involving various determinations as to appropriate and relevant
methods of financial analysis and the application of those methods to the particular circumstances. Therefore, a fairness opinion
is not readily susceptible to partial analysis or summary description. In arriving at its opinion, KBW did not attribute any particular
weight to any analysis or factor that it considered, but rather made qualitative judgments as to the significance and relevance
of each analysis and factor. Accordingly, KBW believes that its analyses and the summary of its analyses must be considered as
a whole and that selecting portions of its analyses and factors or focusing on the information presented below in tabular format,
without considering all analyses and factors or the full narrative description of the financial analyses, including the methodologies
and assumptions underlying the analyses, could create a misleading or incomplete view of the process underlying its analyses and
opinion.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
purposes of the financial analyses summarized below, no effect was given to the Externalization Transaction, the intended Special
Dividend, if any, or any aspect, implication or effect thereof, including the RIC Election.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Selected
Public Companies Analysis &ndash; BDCs with Market Capitalization less than $300 Million. </I></B>Using publicly available information,
KBW compared the market performance of the Company to 25 selected publicly-traded internally and externally managed BDCs with
market capitalization less than $300 million.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
selected companies were as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; border-collapse: collapse; margin-left: 0.5in">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; width: 50%; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">TriplePoint
    Venture Growth BDC Corp.</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 50%; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">KCAP
    Financial, Inc.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WhiteHorse
    Finance, Inc.</FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Capitala
    Finance Corp.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Solar
    Senior Capital Ltd.</FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">GSV
    Capital Corp.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Oaktree
    Strategic Income Corporation</FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Garrison
    Capital Inc.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Gladstone
    Capital Corporation</FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Firsthand
    Technology Value Fund, Inc.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Monroe
    Capital Corporation</FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Alcentra
    Capital Corporation</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Stellus
    Capital Investment Corporation</FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CM
    Finance Inc.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 62; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->52<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; border-collapse: collapse; margin-left: 0.5in">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; width: 50%; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">THL
    Credit, Inc.</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 50%; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Great
    Elm Capital Corp.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">MVC
    Capital, Inc.</FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Harvest
    Capital Credit Corporation</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Saratoga
    Investment Corp.</FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">180
    Degree Capital Corp. </FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Medley
    Capital Corporation</FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Equus
    Total Return, Inc.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">OFS
    Capital Corporation</FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">OHA
    Investment Corporation</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Horizon
    Technology Finance Corporation</FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">To
perform this analysis, KBW used market price information as of January 22, 2019 and reported NAV per share data as of the end
of the most recent completed quarterly period available (which in the case of the Company was September 30, 2018). KBW also used
2019 earnings per share (&ldquo;<U>EPS</U>&rdquo;) estimates taken from consensus &ldquo;street estimates&rdquo; of the selected
companies.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">KBW&rsquo;s
analysis showed, among other things, the following concerning the market performance of the Company and the selected companies
(excluding the impact of the 2019 EPS multiples for five of the selected companies, which multiples were considered to be not
meaningful (&ldquo;<U>NM</U>&rdquo;)):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid">&nbsp;</TD>
    <TD COLSPAN="18" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid">Selected Companies</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 10pt"><B>The Company</B></FONT></TD><TD STYLE="padding-bottom: 1.5pt; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 10pt"><B>Minimum</B></FONT></TD><TD STYLE="padding-bottom: 1.5pt; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 10pt"><B>25<SUP>th
                                         </SUP>Percentile</B></FONT></TD><TD STYLE="padding-bottom: 1.5pt; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 10pt"><B>Median</B></FONT></TD><TD STYLE="padding-bottom: 1.5pt; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 10pt"><B>Average</B></FONT></TD><TD STYLE="padding-bottom: 1.5pt; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt; text-align: center; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>75<SUP>th</SUP></B></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><B>Percentile</B></P></TD><TD STYLE="padding-bottom: 1.5pt; text-align: center; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 10pt"><B>Maximum</B></FONT></TD><TD STYLE="padding-bottom: 1.5pt; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 37%; font: 10pt Times New Roman, Times, Serif">Price / NAV Per Share</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 6%; text-align: right; font: 10pt Times New Roman, Times, Serif">0.47</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 6%; text-align: right; font: 10pt Times New Roman, Times, Serif">0.45</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 6%; text-align: right; font: 10pt Times New Roman, Times, Serif">0.60</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 6%; text-align: right; font: 10pt Times New Roman, Times, Serif">0.72</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 6%; text-align: right; font: 10pt Times New Roman, Times, Serif">0.75</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 6%; text-align: right; font: 10pt Times New Roman, Times, Serif">0.90</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 6%; text-align: right; font: 10pt Times New Roman, Times, Serif">1.00</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Price / 2019 Estimated EPS</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">NM</FONT></TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">5.0</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">7.4</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">8.4</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">8.5</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">9.6</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">12.3</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD></TR>
</TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">KBW
then applied the minimum and median price-to-NAV per share multiples of the selected companies to the reported NAV per share of
the Company as of September 30, 2018. This analysis indicated a range of the implied value per share of Common Stock of $2.18
to $3.48, as compared to the $3.00 per share consideration in the Stock Purchase Transaction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No
company used as a comparison in the above selected companies analysis is identical to the Company. Accordingly, an analysis of
these results is not mathematical. Rather, it involves complex considerations and judgments concerning differences in financial
and operating characteristics of the companies involved.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Selected
Public Companies Analysis &ndash; Total Return BDCs. </I></B>Using publicly available information, KBW compared the market performance
of the Company to four selected publicly-traded BDCs that do not issue dividends, but seek to return value to shareholders through
realized gains from their portfolio&rsquo;s equity investments.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
selected companies were as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; border-collapse: collapse; margin-left: 0.75in">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; width: 50%; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">GSV
    Capital Corp.</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 50%; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">180
    Degree Capital Corp.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Firsthand
    Technology Value Fund, Inc.</FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Equus
    Total Return</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">To
perform this analysis, KBW used market price information as of January 22, 2019 and reported NAV per share data as of the end
of the most recent completed quarterly period available (which in the case of the Company was September 30, 2018). KBW also used
2019 EPS estimates taken from consensus &ldquo;street estimates&rdquo; of the selected companies.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">KBW&rsquo;s
analysis showed, among other things, the following concerning the market performance of the Company and the selected companies
(excluding the impact of the 2019 EPS multiples for three of the selected companies, which multiples were considered to be not
meaningful):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 63; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->53<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: center; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="22" STYLE="text-align: center; border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif"><B>Selected Companies</B></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: center; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt; text-align: center; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The</B></FONT></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Company</B></P></TD><TD STYLE="padding-bottom: 1.5pt; text-align: center; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Minimum</B></FONT></TD><TD STYLE="padding-bottom: 1.5pt; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>25<SUP>th
                                         </SUP>Percentile</B></FONT></TD><TD STYLE="padding-bottom: 1.5pt; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Median</B></FONT></TD><TD STYLE="padding-bottom: 1.5pt; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Average</B></FONT></TD><TD STYLE="padding-bottom: 1.5pt; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt; text-align: center; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>75<SUP>th</SUP></B></FONT></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Percentile</B></P></TD><TD STYLE="padding-bottom: 1.5pt; text-align: center; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Maximum</B></FONT></TD><TD STYLE="padding-bottom: 1.5pt; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 37%; font: 10pt Times New Roman, Times, Serif">Price / NAV Per Share</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 6%; text-align: right; font: 10pt Times New Roman, Times, Serif">0.47</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 6%; text-align: right; font: 10pt Times New Roman, Times, Serif">0.45</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 6%; text-align: right; font: 10pt Times New Roman, Times, Serif">0.52</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 6%; text-align: right; font: 10pt Times New Roman, Times, Serif">0.55</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 6%; text-align: right; font: 10pt Times New Roman, Times, Serif">0.57</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 6%; text-align: right; font: 10pt Times New Roman, Times, Serif">0.59</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 6%; text-align: right; font: 10pt Times New Roman, Times, Serif">0.72</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Price / 2019 Estimated EPS</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NM</FONT></TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">5.0</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">5.0</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">5.0</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">5.0</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">5.0</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">5.0</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">KBW
then applied the 25<SUP>th</SUP> percentile and 75<SUP>th</SUP> percentile price-to-NAV per share multiples of the selected companies
to the reported NAV per share of the Company as of September 30, 2018. This analysis indicated a range of the implied value per
share of Common Stock of $2.52 to $2.85, as compared to the $3.00 per share consideration in the Stock Purchase Transaction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No
company used as a comparison in the above selected companies analysis is identical to the Company. Accordingly, an analysis of
these results is not mathematical. Rather, it involves complex considerations and judgments concerning differences in financial
and operating characteristics of the companies involved.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Selected
Transactions Analysis. </I></B>KBW reviewed publicly available information related to 11 selected acquisitions of BDCs announced
since the beginning of 2009.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
selected transactions were as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 90%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 49%; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Acquiror</FONT></TD>
    <TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 49%; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Acquired
    Company</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Golub
    Capital BDC, Inc.</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Golub
    Capital Investment Corporation</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">FS
    Investment Corporation</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Corporate
    Capital Trust, Inc.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Benefit
    Street Partners LLC; Barings</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Triangle
    Capital Corporation</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">C&#298;ON
    Investment Corporation</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Credit
    Suisse Park View BDC, Inc.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">MAST
    Capital Management LLC; Great Elm Capital <BR>
Group Inc.</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Full
    Circle Capital Corporation</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares
    Capital Corporation</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">American
    Capital, Ltd.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">PennantPark
    Floating Rate Capital Ltd.</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">MCG
    Capital Corporation</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Saratoga
    Investment Corp.</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">GSC
    Investment Corp.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ares
    Capital Corporation</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Allied
    Capital Corporation</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Prospect
    Capital Corporation</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Patriot
    Capital Funding, Inc.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Highland
    Credit Strategies Fund</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Highland
    Distressed Opportunities, Inc.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
each selected BDC transaction, KBW derived the following implied transaction statistics, in each case based on the transaction
consideration value paid for the acquired company (including contributions by external managers) and using financial data based
on the acquired company&rsquo;s then latest publicly available financial statements prior to the announcement of the respective
transaction (adjusted to reflect announced pre-closing adjustments):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.75in; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.25in; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Price
    to reported NAV per share of the acquired company; and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Price
    to latest 12 months net investment income (&ldquo;<U>LTM NII</U>&rdquo;)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">KBW&rsquo;s
analysis showed, among other things, the following concerning the implied transaction statistics of the selected BDC transactions:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: center; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="22" STYLE="text-align: center; border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif"><B>Selected Transactions</B></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid">Minimum</TD><TD STYLE="padding-bottom: 1.5pt; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>25<SUP>th
    </SUP></B>Percentile</FONT></TD><TD STYLE="padding-bottom: 1.5pt; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid">Median</TD><TD STYLE="padding-bottom: 1.5pt; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid">Average</TD><TD STYLE="padding-bottom: 1.5pt; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt; text-align: center; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>75<SUP>th</SUP></B></FONT></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT><B>Percentile</B></P></TD><TD STYLE="padding-bottom: 1.5pt; text-align: center; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid">Maximum</TD><TD STYLE="padding-bottom: 1.5pt; font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 40%; font: 10pt Times New Roman, Times, Serif">Price / NAV Per Share</TD><TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 6%; text-align: right; font: 10pt Times New Roman, Times, Serif">39.4</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">%</TD><TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 6%; text-align: right; font: 10pt Times New Roman, Times, Serif">50.8</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">%</TD><TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 6%; text-align: right; font: 10pt Times New Roman, Times, Serif">89.0</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">%</TD><TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 6%; text-align: right; font: 10pt Times New Roman, Times, Serif">78.9</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">%</TD><TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 6%; text-align: right; font: 10pt Times New Roman, Times, Serif">100.0</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">%</TD><TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 6%; text-align: right; font: 10pt Times New Roman, Times, Serif">107.8</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Price / LTM NII</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">2.21</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">4.63</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">8.18</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">7.98</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">10.79</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">14.30</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">x</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 64; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->54<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">KBW
then applied the minimum and median price-to-NAV per share multiples of the selected transactions to the reported NAV per share
of the Company as of September 30, 2018. This analysis indicated a range of the implied value per share of Common Stock of $1.91
to $4.31, as compared to the $3.00 per share consideration in the Stock Purchase Transaction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">KBW
separately reviewed an implied transaction multiple for the Stock Purchase Transaction (based on the $3.00 per share consideration
in the Stock Purchase Transaction) of 0.62x, the reported NAV per share of the Company as of September 30, 2018. The implied LTM
NII multiple for the Stock Purchase Transaction was considered to be not meaningful because the Company&rsquo;s LTM NII was negative.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No
company or transaction used as a comparison in the above selected transaction analysis is identical to the Company or the Stock
Purchase Transaction. Accordingly, an analysis of these results is not mathematical. Rather, it involves complex considerations
and judgments concerning differences in financial and operating characteristics of the companies involved.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Miscellaneous.
</I></B>KBW acted as financial advisor to the Company in connection with the proposed transaction and did not act as an advisor
to or agent of any other person. As part of its investment banking business, KBW is regularly engaged in the valuation of BDC
securities in connection with acquisitions, negotiated underwritings, secondary distributions of listed and unlisted securities,
private placements and valuations for various other purposes. In the ordinary course of KBW and its affiliates&rsquo; broker-dealer
businesses, KBW and its affiliates may from time to time purchase securities from, and sell securities, to the Company and East.
In addition, as a market maker in securities, KBW and its affiliates may from time to time have a long or short position in, and
buy or sell, debt or equity securities of the Company for its and their own respective accounts and for the accounts of its and
their respective customers and clients.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
to the KBW engagement letter, the Company agreed to pay KBW an aggregate cash fee of $500,000, $200,000 of which became payable
with the rendering of KBW&rsquo;s opinion and the balance of which is contingent upon the Closing. The Company also agreed to
reimburse KBW for reasonable and documented out-of-pocket expenses and disbursements incurred in connection with its engagement
and to indemnify KBW against certain liabilities relating to or arising out of KBW&rsquo;s engagement or KBW&rsquo;s role in connection
therewith. Other than in connection with this present engagement, in the two years preceding the date of KBW&rsquo;s opinion,
KBW did not provide investment banking and financial advisory services to the Company. In the two years preceding the date of
KBW&rsquo;s opinion, KBW did not provide investment banking and financial advisory services to East. KBW may in the future provide
investment banking and financial advisory services to the Company, East or the Adviser and receive compensation for such services.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_026"></A>Contributed
Investment Assets</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the terms of the Stock Purchase Agreement, a portion of consideration payable to the Company in the Stock Purchase Transaction
will consist of the Contributed Investment Assets. The Contributed Investment Assets comprise five current investments
of East. These Contributed Investment Assets consist of term loans and promissory notes with maturity dates ranging between April
2020 and December 2023 and, with respect to certain of the portfolio companies, also include equity securities or warrants
to acquire equity securities. As of the date of execution of the Stock Purchase Agreement, the Company and East intended that
a term note from Spinesmith Holdings LLC to the Company be among the Contributed Investment Assets. In March 2019, this term note
was repaid by Spinesmith, and therefore will not be among the Contributed Investment Assets. As of December 31, 2018, the
total Contributed Investment Assets Fair Value for the Contributed Investment Assets was determined by the parties to be $11.6
million.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
following table sets forth certain information as of December 31, 2018 for each portfolio company included in the Contributed
Investment Assets. Percentages shown below for a class of investment securities represent the percentage of the class owned and
do not necessarily represent a voting ownership percentage. Percentages shown for equity securities, other than warrants, represent
the actual percentage of the class of security held before dilution. Percentages shown for warrants held represent the percentage
of class of security East may acquire, assuming East exercises its warrants before dilution.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 65; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->55<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">East
directly or indirectly owns less than 5% of the outstanding voting securities, and is therefore not deemed to be an affiliate,
of each of the portfolio companies listed on the table below. East offers to make significant managerial assistance to certain
of East&rsquo;s portfolio companies. East may also receive rights to observe the meetings of East&rsquo;s portfolio companies&rsquo;
boards of directors or other governing bodies.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>Name
    and Address of Portfolio Company</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>Industry</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>Type
    of Investment</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>Interest
    Rate</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>Maturity
    Date</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>Principal
    Amount or Quantity</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><B>Original
    </B><BR>
    <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>Cost</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>Fair
    Value of at December 31, 2018</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>Interest
    Receivable Amount at December 31, 2018</B></FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt"><B>AIKG
                                         LLC</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt"><B>&nbsp;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt">&ldquo;Andretti&rdquo;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt">Marietta, GA</FONT></P></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 13%; text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Entertainment</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 11%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Term
    Note</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 6%; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">12.0</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 10%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">12/28/2023</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 11%; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">2,250,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">2,250,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">2,250,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 11%; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>Filterworks
    Acquisition USA, LLC</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD ROWSPAN="3" STYLE="text-align: center; vertical-align: middle; font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt">Equipment
                                         Distribution &#8210;Automobile Collision Repair Industry</FONT></P></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Subordinated
    Note</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">12.0</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">12/4/2023</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1,605,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1,605,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1,607,497</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">14,980</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; vertical-align: middle; font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt">&ldquo;Filterworks&rdquo;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt">Deerfield Beach, FL</FONT></P></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Class
    A Units</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">N/A</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">N/A</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">562.5
    Class A Units (representing a 12% ownership interest in the Class A Units) </FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">562,500</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">562,500</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">N/A</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt"><B>HDI
                                         Acquisition LLC</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD ROWSPAN="3" STYLE="text-align: center; vertical-align: middle; font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt">Signage
                                         Manufacturing</FONT></P></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Term
    Loan</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">12.0</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">6/20/2023</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1,200,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1,200,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1,224,519</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">12,589</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt">&ldquo;Hilton
                                         Displays&rdquo;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt">Greenville, SC</FONT></P></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Class
    A Units</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">N/A</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">N/A</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">30,000
    Class A Units (representing a 9% ownership interest in the Class A Units)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">300,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">300,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">N/A</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt"><B>Mattison
                                         Avenue Holdings LLC</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD ROWSPAN="3" STYLE="text-align: center; vertical-align: middle; font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt">Consumer
                                         Retail &ndash; Beauty Industry</FONT></P></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Promissory
    Note</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">12.0</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">6/9/2022</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1,000,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1,000,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1,015,920</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">10,444</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt">&ldquo;Mattison&rdquo;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt">Dallas, TX</FONT></P></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Warrant
    for membership interests</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">N/A</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">N/A</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Warrant
    for a 1.43% ownership interest in the membership interests</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">45,817</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">45,817</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">N/A</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>MidGuard
    Self Storage Greenville LLC</B></FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: middle"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD ROWSPAN="3" STYLE="text-align: center; vertical-align: middle; font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt">Real
                                         Estate &ndash;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt">Self Storage</FONT></P></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Promissory
    Note</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">12.0</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">%</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">4/21/2020</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">3,400,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">3,400,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">3,010,082</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt">&ldquo;MidGuard&rdquo;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 9pt">Greenville, SC</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">PIK
    due at maturity</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">N/A</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">4/21/2020</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1,581,418</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">1,581,418</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">N/A</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 66; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->56<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
above investments were selected as part of a negotiated process between the Company and East in connection with the negotiation
and execution of the Stock Purchase Agreement. Investments were initially selected by East based on a number of factors, including
the attractiveness of an investment&rsquo;s risk return profile, its relative liquidity and expected repayment date, the size
of the East&rsquo;s overall holdings in a portfolio company, and the appropriateness of an investment for inclusion in a BDC portfolio
based on regulatory and tax considerations. East did not give a greater weight to any of the above factors, but instead viewed
all of the factors together as a whole when considering which investments to select for transfer the Company. In addition, each
of the above investments was reviewed by Company Management and the Board in connection with its evaluation of the terms of the
Stock Purchase Agreement and certain assets were rejected by Company Management, with the assent of the Board, in the course of
the negotiations.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_027"></A>Interests
of Certain Persons Related to the Company</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shareholders
should be aware that the Company&rsquo;s executive officers and employees may have interests in the Stock Purchase Transaction,
the Externalization Transaction and the other transactions described herein that are different from, or in addition to, those
of the Shareholders generally.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Upon
the Closing of the Transactions, the Company&rsquo;s current executive officers and employees will terminate their employment
with the Company and become employees of the Adviser; however, Allen F. &ldquo;Pete&rdquo; Grum will remain as President and Chief
Executive Officer of the Company and Daniel P. Penberthy will remain as Executive Vice President and Chief Financial Officer of
the Company. Mr. Grum will be retained as President and Chief Executive Officer of the Adviser, and Mr. Penberthy will be retained
as Executive Vice President and Chief Financial Officer of the Adviser. Messrs. Grum and Penberthy will also serve as members
of the Adviser&rsquo;s Investment Committee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Additionally,
the Company&rsquo;s executive officers, employees and directors, to the extent that they remain Shareholders as of the record
date for the payment of the intended Special Dividend following the Closing date, will participate in such intended Special Dividend
based upon their respective ownership of shares of Common Stock as of such record date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_028"></A>Closing
of the Stock Purchase Transaction</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unless
otherwise mutually agreed by the Company and East, the Closing will take place no later than the third business day after the
satisfaction or waiver of the latest to occur of the conditions to the Closing (as set forth in the Stock Purchase Agreement and
as described in the section of this proxy statement captioned &ldquo;The Stock Purchase Agreement &mdash; Conditions to the Stock
Purchase Transaction&rdquo;), other than conditions that by their nature are to be satisfied at the Closing and subject to the
satisfaction or waiver of such conditions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
currently expect the Closing to occur during the third quarter of 2019. However, the exact timing of the Closing cannot be predicted
because it is subject to the satisfaction or waiver of the closing conditions specified in the Stock Purchase Agreement, some
of which are outside of our direct control.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_029"></A>Required
Regulatory Approvals</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Stock Purchase Transaction will not occur until the following consents of, or actions with respect to, governmental or regulatory
authorities have been obtained or completed: (i) approval of the Stock Purchase Transaction by the SBA or receipt of confirmation
from the SBA that approval of the Stock Purchase Transaction from the SBA is not required; (ii) registration of the Adviser as
an investment adviser under the Advisers Act for purposes of serving as investment adviser to the Company under the Investment
Management Agreement; (iii) filing and acceptance of the Amendment with the Department of State of the State of New York; and
(iv) satisfaction of applicable requirements of Nasdaq.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 67; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->57<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Following
the consummation of the Transactions, after declaration and payment of the intended Special Dividend and contingent upon meeting
certain other tax-related conditions, the Company expects to elect to be taxed as a RIC for U.S. tax purposes. In order to qualify
to make the RIC Election, the Company must, among other things, distribute the Company&rsquo;s previously undistributed &ldquo;accumulated
earnings and profits&rdquo; to Shareholders. RIC qualification also requires meeting specified source-of-income and asset diversification
requirements. In addition, we must distribute to our Shareholders, in respect of each taxable year, dividends for U.S. federal
income tax purposes in an amount generally at least equal to 90% of our &ldquo;investment company taxable income,&rdquo; which
is generally equal to the sum of our net ordinary income plus the excess of our realized net short-term capital gains over our
realized net long-term capital losses, determined without regard to any deduction for distributions paid. As a RIC, we generally
will not have to pay corporate-level U.S. federal income taxes on any ordinary income or capital gains that we distribute to our
Shareholders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other
than the approvals listed above, we are unaware of any other material federal, state or foreign regulatory requirements or approvals
required for completion of the Stock Purchase Transactions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_030"></A>Appraisal
Rights</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
to the BCL and the Certificate of Incorporation, there are no appraisal or dissenters&rsquo; rights that apply to the execution,
delivery and performance of the Stock Purchase Agreement or the consummation of the Transactions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="k_031"></A>U.S.
Federal Income Tax Consequences of the Stock Purchase Transaction</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">The
following discussion is a general summary of the anticipated U.S. federal income tax consequences of the Stock Purchase Transaction
to U.S. Shareholders. Its content is based upon the Code, its legislative history, currently applicable and proposed treasury
regulations under the Code and published rulings and decisions, all as currently in effect as of the date of this proxy statement,
and all of which are subject to change, possibly with retroactive effect. Tax considerations under state, local and non-U.S. laws,
or federal laws other than those pertaining to income tax, are not addressed in this proxy statement. This discussion has no binding
effect on the IRS or the courts.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">The
Stock Purchase Transaction is not a Shareholder-level action, and our U.S. and non-U.S. Shareholders, in their capacities as such,
are not expected to realize any gain or loss for U.S. federal income tax purposes solely as a result of the Stock Purchase Transaction.
In addition, the Company does not expect to recognize income or gain in connection with the Stock Purchase Transaction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><A NAME="k_032"></A>RIC
Election</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Following
the consummation of the Transactions, after declaration and payment of the intended Special Dividend and contingent upon meeting
certain other tax-related conditions, the Company expects to elect to be taxed as a RIC for U.S. tax purposes. In order to qualify
to make the RIC Election, the Company must, among other things, distribute the Company&rsquo;s previously undistributed &ldquo;accumulated
earnings and profits&rdquo; to Shareholders. RIC qualification also requires meeting specified source-of-income and asset-diversification
requirements. In addition, we must distribute to our Shareholders, in respect of each taxable year, dividends for U.S. federal
income tax purposes in an amount generally at least equal to 90% of our &ldquo;investment company taxable income,&rdquo; which
is generally equal to the sum of our net ordinary income plus the excess of our realized net short-term capital gains over our
realized net long-term capital losses, determined without regard to any deduction for distributions paid (the &ldquo;<U>Annual
Distribution Requirement</U>&rdquo;). As a RIC, we generally will not have to pay corporate-level U.S. federal income taxes on
any ordinary income or capital gains that we distribute to our Shareholders. Even if we qualify as a RIC, we generally will be
subject to corporate-level U.S. federal income tax on our undistributed taxable income and could be subject to U.S. federal excise,
state, local and foreign taxes.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
connection with the Company making the RIC Election, the Company expects that Rand SBIC will also make an election to be taxed
as a RIC for U.S. federal tax purposes. In order to be eligible to be taxed as a RIC, Rand SBIC must satisfy the source-of-income,
asset-diversification, and minimum distribution requirements discussed above. Because a substantial portion of the Company&rsquo;s
assets are held through Rand SBIC, the Company will not be able to satisfy the asset-diversification requirements unless Rand
SBIC also qualifies to be taxed as a RIC for U.S. federal tax purposes.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 68; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->58<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Assuming
that the Company elects to be taxed as, and qualifies to be taxed as, a RIC and satisfies the Annual Distribution Requirement,
the Company will not be subject to U.S. federal income tax on the portion of its &ldquo;investment company taxable income&rdquo;
and net capital gain (which we define as net long-term capital gain in excess of net short-term capital loss) that it timely distribute
to Shareholders. Similarly, assuming that Rand SBIC elects to be taxed as a RIC and qualifies to be taxed as a RIC and satisfies
the Annual Distribution Requirement, Rand SBIC will also not be subject to U.S. federal income tax on the portion of its &ldquo;investment
company taxable income&rdquo; and net capital gain (which we define as net long-term capital gain in excess of net short-term
capital loss) that it timely distributes to the Company. The Company will be subject to U.S. federal income tax at the regular
corporate rates on any income or capital gain not distributed (or deemed distributed) to our Shareholders. Rand SBIC will also
be subject to U.S. federal income tax at the regular corporate rates on any income or capital gain not distributed (or deemed
distributed) to the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Company and Rand SBIC, respectively, will be subject to a 4% nondeductible U.S. federal excise tax on certain undistributed income
of RICs unless each distribute in a timely manner an amount at least equal to the sum of (1) 98% of its ordinary income for each
calendar year, (2) 98.2% of its capital gain net income for the one-year period ending October 31 in that calendar year and (3)
any income recognized, but not distributed, in preceding years and on which it paid no U.S. federal income tax.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
order to maintain qualification as a RIC for U.S. federal income tax purposes going forward, each of the Company and Rand SBIC
must, among other things: (1) meet the Annual Distribution Requirement; (2) qualify to be regulated as a BDC or be registered
as a management investment company under the 1940 Act; (3) derive in each taxable year at least 90% of its gross income from dividends,
interest, payments with respect to certain securities loans, gains from the sale or other disposition of stock or other securities
or currencies or other income derived with respect to its business of investing in such stock, securities or currencies and net
income derived from an interest in a &ldquo;qualified publicly-traded partnership&rdquo; (as defined in the Code); and (4) diversify
its holdings so that at the end of each quarter of the taxable year: (a) at least 50% of the value of its assets consists of cash,
cash equivalents, U.S. Government securities, securities of other RICs, and other securities if such other securities of any one
issuer do not represent more than 5% of the value of its assets or more than 10% of the outstanding voting securities of the issuer
(which for these purposes includes the equity securities of a &ldquo;qualified publicly-traded partnership&rdquo;); and (b) no
more than 25% of the value of its assets is invested in the securities, other than U.S. Government securities or securities of
other RICs, (i) of one issuer (ii) of two or more issuers that are controlled, as determined under applicable tax rules, by us
and that are engaged in the same or similar or related trades or businesses or (iii) of one or more &ldquo;qualified publicly-traded
partnerships.&rdquo; Because a substantial portion of the Company&rsquo;s assets consist of its shares in Rand SBIC, the Company
will not be eligible to be taxed as a RIC for U.S. federal income tax purposes unless Rand SBIC is eligible to be taxed as a RIC
for U.S. federal tax purposes.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Even
if the Company and Rand SBIC qualify for taxation as RICs, they will be subject to corporate-level U.S. federal income tax on
any unrealized net built-in gains in their respective assets as of the first day they qualify as RICs to the extent that such
gains are realized by the Company or Rand SBIC during the five-year period following the first day that they qualify as RICs.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
the Company and Rand SBIC qualify for taxation as RICs, distributions by the Company out of its earnings and profits to Shareholders
generally will be taxable to Shareholders for U.S. federal income tax purposes, either as ordinary income or capital gains, depending
upon the nature of the income giving rise to the distribution. The tax consequences to a Shareholder attributable to the acquisition,
ownership, and disposition of Common Stock, are complex and will depend on the facts of the Shareholder&rsquo;s own unique circumstances.
We encourage Shareholders to consult their own tax advisers regarding the specific tax consequences to them (including tax reporting
requirements, the applicability of federal, state, local and foreign tax laws, eligibility for the benefits of any applicable
tax treaty, and the effect of any possible changes in the tax laws) of the acquisition, ownership, and disposition of Common Stock.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 69; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->59<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>



<P STYLE="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><A NAME="b_001"></A>THE
STOCK PURCHASE AGREEMENT</B></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><A NAME="b_002"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Explanatory
Note Regarding the Stock Purchase Agreement</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>The
following summary describes the material provisions of the Stock Purchase Agreement. The descriptions of the Stock Purchase Agreement
in this summary and elsewhere in this proxy statement are not complete and are qualified in their entirety by reference to the
Stock Purchase Agreement, a copy of which is attached to this proxy statement as <U>Appendix A</U> and incorporated by reference
in its entirety into this proxy statement. We encourage you to read the Stock Purchase Agreement carefully and in its entirety
because this summary may not contain all the information about the Stock Purchase Agreement that is important to you.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
representations, warranties and covenants of the Company and East contained in the Stock Purchase Agreement have been made solely
for the benefit of the parties thereto. In addition, such representations, warranties and covenants (i) have been made only for
purposes of the Stock Purchase Agreement, (ii) have been qualified by (a) matters specifically disclosed in the Company&rsquo;s
filings with the SEC filed or furnished since December 31, 2016 and (b) confidential disclosures made in the disclosure schedules
delivered in connection with the Stock Purchase Agreement, (iii) are subject to applicable materiality qualifications contained
in the Stock Purchase Agreement, which may differ from what may be viewed as material by investors, (iv) were made only as of
the date of the Stock Purchase Agreement or such other date as is specified in the Stock Purchase Agreement and (v) have been
included in the Stock Purchase Agreement for the purpose of allocating risk between the contracting parties rather than establishing
matters as fact. Accordingly, the Stock Purchase Agreement is included with this filing only to provide investors with information
regarding the terms of the Stock Purchase Agreement, and not to provide investors with any other factual information regarding
the Company or East or their respective businesses. Investors should not rely on the representations, warranties and covenants
or any descriptions thereof as characterizations of the actual state of facts or condition of the Company or East or any of their
respective subsidiaries or affiliates. Moreover, information concerning the subject matter of the representations and warranties
may change after the date of the Stock Purchase Agreement, which subsequent information may or may not be fully reflected in the
Company&rsquo;s public disclosures.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
representations and warranties in the Stock Purchase Agreement and the description of them in this proxy statement should not
be read alone but instead should be read in conjunction with the other information contained in this proxy statement and the other
reports, statements and filings the Company files publicly with the SEC.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><A NAME="b_003"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Purchase
Price and Assets Acquired by the Company from East</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">At
the Closing, subject to the provisions of the Stock Purchase Agreement, East will pay the Company the Purchase Price, consisting
of the following:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Cash Consideration in an amount equal to $25.0 million less the amount of the Contributed Investment Assets Fair Value; <I>plus</I></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Contributed Investment Assets Fair Value, which shall be computed as the fair value of the Contributed Investment Assets,
    plus (without duplication) the aggregate amount of accrued but unpaid interest (including uncapitalized payment-in-kind interest
    earned), penalties, fees, charges and other amounts on the Contributed Investment Assets, with the Contributed Investment
    Assets consisting of:</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 1in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">each
    of the loans and other securities as described on the contributed loan schedule attached to the Stock Purchase Agreement (as
    described in greater detail in this proxy statement above in &ldquo;The Stock Purchase Transaction &#8210; Contributed Investment
    Assets&rdquo;) (the &ldquo;<U>Contributed Loans</U>&rdquo; and such schedule of Contributed Loans being the &ldquo;<U>Contributed
    Loan Schedule</U>&rdquo;), including, to the extent permitted to be assigned under applicable law, all claims, suits, causes
    of action and any other right of East under the Contributed Loan Documents (as defined below) against any person or entity,
    whether known or unknown, arising under, out of, or in connection with the Contributed Loan Documents or in any way based
    on or related to any of the foregoing;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 70; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->60<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 1in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    credit and financing agreements, guarantees, subordination agreements, Contributed Loan Notes (as defined below), mortgages,
    deeds of trust, security agreements (including pledge and control agreements), financing statements, intercreditor agreements,
    and other instruments and documents affecting East&rsquo;s ownership, economic or other rights with respect to the Contributed
    Loans or in which East has an interest, relating to each Contributed Loan (the &ldquo;<U>Contributed Loan Documents</U>&rdquo;);</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    original executed promissory notes (or copies, to the extent that only copies of such promissory notes are in East&rsquo;s
    possession or control) issued to the order of East, or copies of a &ldquo;master&rdquo; note if no such note was issued to
    East or an allonge endorsing a note in favor of East, evidencing indebtedness owing to East under each Contributed Loan (the
    &ldquo;<U>Contributed Loan Notes</U>&rdquo;);</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    assets and properties securing payment of outstanding obligations of the borrowers under the Contributed Loan Documents relating
    to each Contributed Loan (the &ldquo;<U>Contributed Loan Collateral</U>&rdquo;);</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    credit and transaction files of East relating to the Contributed Loans, including Contributed Loan Documents, third party
    reports, operating statements, financial statements of borrowers of the Contributed Loans, budgets, recent borrowing base,
    compliance and advance certificates, and all other documents that relate to each Contributed Loans (the &ldquo;<U>Contributed
    Loan Files</U>&rdquo;); and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    original (or copies, in the event East is required to retain the original under applicable law) books and records, information,
    files, records, data, plans, contracts and recorded knowledge of East (in whatever format) to the extent relating to the ownership
    of the Contributed Investment Assets, but excluding the Contributed Loan Documents, Contributed Loan Files and Contributed
    Loan Notes, relating to each Contributed Loan (the &ldquo;<U>Contributed Books and Records</U>&rdquo;).</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Purchase Price, consisting of the sum of the Cash Consideration and the Contributed Investment Assets Fair Value, will be $25.0
million. In consideration for payment of the Purchase Price by East, the Company will issue 8,333,333.33 shares of Common Stock
to East.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Immediately
following the close of business on the second business day prior to the Closing date (the &ldquo;<U>Closing Cut-off Time</U>&rdquo;),
the Contributed Loan Schedule will be updated as necessary to reflect changes to the information contained therein between 5:00
p.m. (New York, New York time) on January 23, 2019 and the Closing Cut-off Time. The Contributed Loan Schedule and the Contributed
Investment Assets Fair Value, each as updated as of the Closing Cut-off Time and as agreed to between East and the Company, shall
be used for purposes of calculating the Cash Consideration.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">East
shall provide to the Company, contemporaneously with the delivery of the updated Contributed Loan Schedule, a certificate of an
officer of East setting forth its good faith calculation of the Contributed Investment Assets Fair Value, together with reasonable
supporting documentation for such calculation. East will provide the Company and its representatives during normal business hours
access reasonably requested by the Company to the work papers and other books and records and personnel of East and its affiliates
for purposes of assisting the Company and its representatives in their review of the calculation of the Contributed Investment
Assets Fair Value.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">To
the extent that the Company does not agree with the calculation of the Contributed Investment Assets Fair Value presented by East,
the parties shall promptly negotiate in good faith so as to agree upon the calculation of the Contributed Investment Assets Fair
Value. The calculation of Contributed Investment Assets Fair Value as agreed between the Company and East shall be used as the
Contributed Investment Assets Fair Value for purposes of the Stock Purchase Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><A NAME="b_004"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Liabilities
Acquired by the Company under Contributed Investment Assets</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">From
and after the Closing, the Company assumes all obligations, if any, with respect to the Contributed Investment Assets under the
Contributed Loan Documents.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 71; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->61<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><A NAME="b_005"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Principal
Repayments between Closing Cut-off Time and Closing</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
any principal payment, interest payment or other payment is made to East with respect to any Contributed Investment Asset between
the Closing Cut-off Time and the Closing, this amount shall be received by East in trust for the Company&rsquo;s benefit, and
East shall either (i) pay the amount over to the Company via wire transfer of immediately available funds, or (ii) if Closing
has not yet occurred, reduce the Contributed Investment Assets Fair Value, and increase the amount of the Cash Consideration,
by the amount so received.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><A NAME="b_006"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Closing
of the Stock Purchase Transaction</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unless
otherwise mutually agreed to by the Company and East, the Closing will take place no later than the third business day following
the satisfaction or waiver of all of the conditions to the Closing (as set forth in the Stock Purchase Agreement and as described
in the section of this proxy statement captioned &ldquo;The Stock Purchase Agreement &ndash; Conditions to the Stock Purchase
Transaction&rdquo;), other than conditions that by their terms are to be satisfied at the Closing and subject to the satisfaction
or waiver of such conditions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">At
the Closing, in addition to other customary closing documents, East shall deliver to the Company:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">a
    counterpart of each assignment and assumption agreement relating to a Contributed Investment Asset, duly executed by East
    and each person from whom a consent (as set forth in the disclosure schedules to the Stock Purchase Agreement) is required
    in connection with the transfer of such Contributed Investment Asset (unless a separate consent from each such person has
    been delivered to the Company);</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Contributed Loan Notes with respect to such Contributed Loans;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Contributed Loan Documents in the possession or control of East;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Contributed Loan Files in the possession or control of East;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Contributed Books and Records; and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vi)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Cash Consideration.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition, at the Closing, the Company and the Adviser will each execute and deliver the Investment Management Agreement and the
Administration Agreement. In addition, the Company and East will each execute and deliver the Shareholder Agreement and East will
deliver its designation of two or three persons, as applicable based upon the size of the Board, for nomination for election to
the Board at the next annual meeting of Shareholders under the terms of the Shareholder Agreement. Under the terms of the Shareholder
Agreement, East will have the right to designate (i) up to two persons if the size of the Board is composed of fewer than seven
directors or (ii) up to three persons if the size of the Board is composed of seven or more directors. Upon Closing, it is expected
that the Board will consist of five members, of which East will have the right to designate two persons for nomination for election
to the Board.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">At
the Closing, the employment of each employee of the Company and each existing benefit plan of the Company will be terminated.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><A NAME="b_007"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Representations
and Warranties of the Company</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Stock Purchase Agreement contains certain representations and warranties made by the Company to East including, but not limited
to, representations regarding:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">corporate
    organization, qualification and good standing;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">capitalization;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">authorization
    of the Stock Purchase Agreement, the Investment Management Agreement and the Administration Agreement, and the execution,
    delivery and enforceability of the Stock Purchase Agreement;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 72; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->62<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">absence
    of conflicts and no violations of law, governance documents and certain agreements;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">third
    party and governmental consents and approvals;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SEC
    reports and regulatory matters;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">financial
    statements and internal controls and procedures;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    absence of undisclosed liabilities;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">broker&rsquo;s
    fees;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">absence
    of certain changes or events;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">legal
    proceedings and compliance with law;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">taxes
    and tax returns;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">employee
    matters;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">certain
    material contracts;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">property
    and investments securities;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">intellectual
    property;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">state
    takeover laws;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    information to be provided by the Company for inclusion in this proxy statement; and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">insurance.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Stock Purchase Agreement also contains certain representations and warranties made by East to the Company including, but not limited
to, representations regarding:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">organization;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">limited
    liability company authority and absence of conflicts;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">third
    party and governmental consents and approvals;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">regulatory
    matters;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">broker&rsquo;s
    fees;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">legal
    proceedings;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">state
    takeover laws;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    information to be provided by East for inclusion in this proxy statement;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">sufficiency
    of funds;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 73; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->63<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">no
    arrangements with management or Shareholders;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">certain
    securities laws matters; and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">certain
    matters related to the Contributed Assets.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Many
of the representations and warranties contained in the Stock Purchase Agreement are qualified by materiality or a &ldquo;Material
Adverse Effect&rdquo; standard.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
purposes of the Stock Purchase Agreement, &ldquo;<U>Material Adverse Effect</U>&rdquo; means any occurrence, change, event, effect
or development that, individually, or taken together with all other occurrences, changes, events, effects or developments, has
or would reasonably be likely to have, a material adverse effect on:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(a)</FONT> <FONT STYLE="font: 10pt Times New Roman, Times, Serif">with respect to the Company, the financial condition, results of operations, assets, liabilities, or business of the Company and Rand SBIC taken as a whole, provided, however, that, the determination of whether a &ldquo;Material Adverse Effect&rdquo; exists or has occurred shall not include effects attributable to:</FONT></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 1in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">changes,
    after the date of the Stock Purchase Agreement, in GAAP or regulatory accounting requirements applicable generally to companies
    in the industry in which the Company and Rand SBIC operate;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)
    </FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">changes,
    after the date of the Stock Purchase Agreement, in laws, rules or regulations of general applicability to companies in the
    industry in which the Company and Rand SBIC operate;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">actions
    or omissions taken with the prior express written consent of East;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">changes,
    after the date of the Stock Purchase Agreement, in global or national political conditions or general economic or market conditions
    generally affecting other companies in the industry in which the Company and Rand SBIC operate;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">conditions
    arising out of acts of terrorism, war, weather conditions or other force majeure events;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vi)</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any
    legal proceedings made or brought by any of the current or former Shareholders (on their own behalf or on behalf of the Company)
    in connection with the Stock Purchase Agreement or the Stock Purchase Transaction; or</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vii)</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    public disclosure of this Stock Purchase Agreement or the Stock Purchase Transaction;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">except,
with respect to items (i), (ii), (iv) and (v) above, to the extent that the effects of such change disproportionately impact the
financial condition, results of operations, assets, liabilities or business of the Company and Rand SBIC, taken as a whole, as
compared to other companies in the industry in which the Company and Rand SBIC operate;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(b)</FONT> <FONT STYLE="font: 10pt Times New Roman, Times, Serif">with respect to East, the financial condition, results of operations, assets, liabilities, or business of East and its subsidiaries taken as a whole, provided, however, that, the determination of whether a Material Adverse Effect exists or has occurred shall not include effects attributable to:</FONT></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 1in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)
    </FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">changes,
    after the date of the Stock Purchase Agreement, in GAAP or regulatory accounting requirements applicable generally to companies
    in the industry in which East operates;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">changes,
    after the date of the Stock Purchase Agreement, in laws, rules or regulations of general applicability to companies in the
    industry in which East operates;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">actions
    or omissions taken with the prior express written consent of the Company;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 74; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->64<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 1in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">changes,
    after the date of the Stock Purchase Agreement, in global or national political conditions or general economic or market conditions
    generally affecting other companies in the industry in which East operates; or</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">conditions
    arising out of acts of terrorism, war, weather conditions or other force majeure events,</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">except,
with respect to items (i), (ii), (iv) and (v) above, to the extent that the effects of such change disproportionately impact the
financial condition, results of operations, assets, liabilities or business of East and its subsidiaries, taken as a whole, as
compared to other companies in the industry in which East and its subsidiaries operate;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">with
    respect to East, the Contributed Investment Assets; or</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">with
    respect to East or the Company, the ability of East or the Company, as applicable, to timely consummate the Stock Purchase
    Transaction.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><A NAME="b_008"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Company&rsquo;s
Pre-Closing Covenants</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the Stock Purchase Agreement, the Company has agreed that, between the execution of the Stock Purchase Agreement and the Closing,
the Company will, and will cause Rand SBIC to, conduct its business in the ordinary course; use reasonable best efforts to maintain
and preserve intact the Company&rsquo;s business organization and advantageous business relationships and retain the services
of its key officers and key employees; and not take or omit to take any action which would have an Material Adverse Effect on
the Company and Rand SBIC. The Company has also agreed not to take any action that is intended or would reasonably be expected
to adversely affect or delay the Company&rsquo;s or East&rsquo;s ability to obtain any necessary approval of any governmental
entity required to complete the Stock Purchase Transaction or perform its covenants or agreements under the Stock Purchase Agreement
or consummate the Stock Purchase Transaction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition, the Company has agreed, subject to the terms and conditions of the Stock Purchase Agreement, not to take (or omit to
take) certain actions without the written consent of East (which shall not be unreasonably withheld, conditioned or delayed),
including, but not limited to:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">other
    than in the ordinary course of business consistent with past practice, incur any indebtedness for borrowed money, assume,
    guarantee, endorse or otherwise as an accommodation become responsible for the obligations of any other individual, corporation
    or other entity, or, make any loan or advance or capital contribution to, or investment in, any person or entity;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">adjust,
    split, combine or reclassify any of its capital stock;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">make,
    declare or pay any dividend, other than (A) any regular quarterly dividend consistent with past practice and (B) dividends
    paid by Rand SBIC to the Company;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">make
    any other distribution on, or directly or indirectly redeem, purchase or otherwise acquire, any shares of its capital stock
    or any securities or obligations convertible (whether currently convertible or convertible only after the passage of time
    or the occurrence of certain events) into or exchangeable for any shares of its capital stock;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">grant
    any stock options or restricted shares under any equity incentive plan of the Company, or grant any individual, corporation
    or other entity any right to acquire any shares of its capital stock, or issue any additional shares of capital stock or other
    securities;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vi)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">except
    as required under any contract of the Company or benefit plan of the Company existing as of the date of the Stock Purchase
    Agreement or as required by applicable law:</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 1in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">increase
    in any material manner the compensation or benefits of any of employees of the Company;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 75; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->65<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 1in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">become
    a party to, establish, amend, commence participation in, terminate or commit itself to the adoption of any benefit plan of
    the Company or plan, agreement or arrangement which would be a benefit plan of the Company if in effect on the date of the
    Stock Purchase Agreement; or</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">hire
    any senior management employee or terminate the employment of any senior management employee other than for cause;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">other
    than in the ordinary course of business consistent with past practice with respect to securities of any of the Company&rsquo;s
    portfolio companies, sell, transfer, pledge, lease, license, mortgage, encumber or otherwise dispose of any material amount
    of its properties or assets (including pursuant to securitizations) to any individual, corporation or other entity other than
    a subsidiary of the Company or cancel, release or assign any material amount of indebtedness to any person or entity or any
    claims held by any person or entity, in each case other than pursuant to contracts in force at the date of the Stock Purchase
    Agreement;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(viii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">other
    than the Amendment, amend the Certificate of Incorporation or the Company&rsquo;s by-laws or the organizational documents
    of Rand SBIC, or take any action to exempt any person or entity (other than East or any of its subsidiaries) or any action
    taken by any person or entity from any state takeover statute or similarly restrictive provisions of its organizational documents;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ix)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">take
    any action or willfully fail to take any action that is intended or may reasonably be expected to result in any of the conditions
    to the Stock Purchase Transaction as set forth in the Stock Purchase Agreement not being satisfied;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(x)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">incur
    any capital expenditures that would exceed $25,000 individually or $75,000 in the aggregate;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(xi)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">commence
    or settle any material claims, actions, suits or legal proceedings;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(xii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">amend,
    terminate, cancel, renew or agree to any material amendment of, or change in or waiver under any material contract of the
    Company;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(xiii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">make
    any material change to its principles, practices or methods of accounting, except (A) as required by GAAP (or any interpretation),
    (B) as required by a change in applicable law, or (C) recommended by the audit committee of the Board;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(xiv)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">enter
    into any material transaction other than in the ordinary course of business consistent with past practice; or</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(xv)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">agree,
    resolve to or commit to do, or publicly announce an intention to do, any of the foregoing.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><A NAME="b_009"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>East&rsquo;s
Pre-Closing Covenants</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the Stock Purchase Agreement, East has agreed that, between the execution of the Stock Purchase Agreement and the Closing, subject
to the terms and conditions of the Stock Purchase Agreement, East will not take any action that is intended or would reasonably
be expected to adversely affect or delay the Company&rsquo;s or East&rsquo;s ability to obtain any necessary approval of any governmental
entity required to complete the Stock Purchase Transaction or perform its covenants or agreements under the Stock Purchase Agreement
or consummate the Stock Purchase Transaction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition, East has agreed, subject to the terms and conditions of the Stock Purchase Agreement, to not take (or omit to take)
certain actions without the written consent of the Company (which shall not be unreasonably withheld, conditioned or delayed),
including, but not limited to:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 76; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->66<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">sell,
    transfer, pledge, lease, license, mortgage, encumber or otherwise dispose of any Contributed Investment Asset to any individual,
    corporation or other entity other than a subsidiary or cancel, release or assign, or sell or transfer a participating or other
    interest in, any material amount of indebtedness under a Contributed Loan;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">take
    any action or willfully fail to take any action that is intended or may reasonably be expected to result in any of the conditions
    to the Stock Purchase Transaction not being satisfied;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">commence
    or settle any material claims relating to the Contributed Investment Assets;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">amend,
    terminate, cancel, renew or agree to any material amendment of, or change in or waiver under any, Contributed Loan Document;
    or</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">agree,
    resolve to or commit to do, or publicly announce an intention to do, any of the foregoing.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><A NAME="b_010"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Additional
Covenants</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Company and East have agreed to additional covenants between the execution of the Stock Purchase Agreement and the Closing related
to the following matters:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Regulatory
Matters and Proxy Statement</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Company and East have agreed to cooperate with each other and use their respective commercially reasonable efforts to promptly
prepare and file all necessary documentation, to effect all applications, notices, petitions and filings, to obtain as promptly
as practicable all permits, consents, approvals and authorizations of all third parties and governmental entities that are necessary
or advisable to consummate the Stock Purchase Transaction. The Company and East have also agreed to certain covenants regarding
the preparation, filing and mailing of the proxy statement to the Shareholders and the holding of the special meeting. In addition,
the Company and East have agreed to take additional steps in order to ensure the accuracy of the information contained in the
proxy statement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>SBA
Matters</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Company has agreed to notify the SBA of the Stock Purchase Transaction. In connection therewith, the Company has also agreed to
take such actions in accordance with SBA regulations and guidelines and make such filings as may be reasonably necessary to obtain
the SBA&rsquo;s approval or consent of the continued effectiveness of the Company&rsquo;s SBA licenses after the completion of
the Stock Purchase Transaction (&ldquo;<U>SBA Approval</U>&rdquo;) or to receive confirmation that SBA Approval is not required.
To the extent Rand SBIC does not receive the approval from the SBA, Rand SBIC may be required to repay its outstanding SBA
debentures and relinquish its related SBA license, or its SBA debentures may not be able to remain outstanding after the Closing.</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Access
to Information</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Upon
reasonable notice and subject to applicable laws relating to the confidentiality of information, the Company shall, and shall
cause Rand SBIC to, afford to the officers, employees, accountants, counsel, advisors, agents and other representatives of East,
reasonable access, during normal business hours during the period prior to the Closing, to all its properties, books, contracts,
commitments and records, and, during this period, the Company shall, and shall cause Rand SBIC to, make available to East (i)
a copy of each report, schedule, registration statement and other document filed or received by it during such period pursuant
to the requirements of federal securities laws (other than reports or documents that the Company is not permitted to disclose
under applicable law) and (ii) all other information concerning its business, properties and personnel as East may reasonably
request that is relevant to the Stock Purchase Transaction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition, upon reasonable notice and subject to applicable laws relating to the confidentiality of information, East shall afford
to the officers, employees, accountants, counsel, advisors, agents and other representatives of the Company, reasonable access,
during normal business hours during the period prior to the Closing, to all its properties, books, contracts, commitments and
records related to the Contributed Investment Assets or East&rsquo;s business, properties and personnel as the Company may request
that is relevant to the Stock Purchase Transaction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 77; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->67<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">However,
neither the Company nor East shall be required to provide access to nor to disclose information where such access or disclosure
would jeopardize the attorney-client privilege of the Company or East, as applicable, or contravene any applicable law, fiduciary
duty or binding agreement entered into prior to the date of the Stock Purchase Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Shareholder
Meeting and Board Recommendation</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Board shall be permitted to adjourn, delay or postpone the special meeting in accordance with applicable law (but not beyond November
30, 2019) (i) to the extent necessary to allow reasonable additional time for the filing and mailing of any supplemental or amended
disclosure which the Board has determined in good faith after consultation with outside counsel is reasonably likely to be necessary
or appropriate under applicable law and for such supplemental or amended disclosure to be disseminated and reviewed by Shareholders
prior to the special meeting, (ii) if there are insufficient shares of Common Stock represented (either in person or by proxy)
to constitute a quorum necessary to conduct the business of the special meeting, or (iii) to allow reasonable additional time
to solicit additional proxies to the extent Board or any committee thereof reasonably believes necessary in order to obtain the
required approvals of the Shareholders and the Board determines that such delay or postponement is consistent with its fiduciary
duties.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Board has declared the Stock Purchase Transaction advisable and approved the Stock Purchase Agreement, as well as the Externalization
Transaction contemplated by the Investment Management Agreement, and has recommended that Shareholders vote <B>&ldquo;FOR&rdquo;
</B>the approval of (i) the Sale Below NAV Proposal, (ii) the Nasdaq Proposal, (iii) the Certificate of Incorporation Amendment
Proposal, (iv) the Investment Management Agreement Proposal, and (v) the Adjournment Proposal (clauses (i) &ndash; (iii) being
the &ldquo;<U>Stock Purchase Transaction Board Recommendation</U>&rdquo;). As it relates to the Stock Purchase Transaction Board
Recommendation, the Stock Purchase Agreement provides that, except as discussed below, the Board shall not (i) withhold, withdraw
or modify or qualify, or propose publicly to withhold, withdraw or modify or qualify, in a manner adverse to East, the Stock Purchase
Transaction Board Recommendation, (ii) fail to reaffirm the Stock Purchase Transaction Board Recommendation or fail to publicly
state that the Stock Purchase Transaction and the Stock Purchase Agreement are in the best interests of the Shareholders, within
fifteen business days after East requests in writing that such action be taken, (iii) fail to publicly announce, within fifteen
business days after a tender offer or exchange offer relating to the securities of the Company having been commenced, a statement
disclosing that the Board recommends rejection of such tender offer or exchange offer, (iv) take or resolve to take any other
action or make any other statement in connection with the special meeting inconsistent with the Stock Purchase Transaction Board
Recommendation or (v) approve, determine to be advisable, or recommend, or propose publicly to approve, determine to be advisable,
or recommend, any Competing Proposal (as defined below) (any of the foregoing clauses (i) through (v) being referred to as an
&ldquo;<U>Adverse Recommendation Change</U>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notwithstanding
the foregoing, the Board may make an Adverse Recommendation Change in the circumstances described below under &ldquo;Non-Solicitation
of Competing Transaction Proposals.&rdquo; Unless the Board has appropriately made an Adverse Recommendation Change, the Company
shall, through the Board, make the Stock Purchase Transaction Board Recommendation, and shall include such Stock Purchase Transaction
Board Recommendation in this proxy statement, and use its commercially reasonable efforts to (x) solicit proxies from Shareholders
in connection with the Stock Purchase Transaction Board Recommendation, and (y) take all other action necessary or advisable to
secure the approvals of Shareholders in connection with the Stock Purchase Transaction Board Recommendation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Indemnification
of Directors and Officers</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
to the terms of the Stock Purchase Agreement, the Company has agreed, to the fullest extent permitted by applicable law, to indemnify,
defend and hold harmless, and to provide advancement of expenses for (subject to receipt of an undertaking to reimburse the portion
of any expenses advanced if it is ultimately determined that the standard of conduct has not been met by such person to be entitled
to indemnification), each director or officer of the Company or who is or was serving at the request of the Company as a director
or officer of another person or entity against all losses, claims, damages, costs, expenses, liabilities or judgments or amounts
that are paid in settlement of or in connection with any claim based in whole or in part on or arising in whole or in part out
of the fact that such person is or was a director or officer of the Company, and pertaining to any matter existing or occurring,
or any acts or omissions occurring, at or prior to the Closing, whether asserted or claimed prior to, or at or after, the Closing,
including matters, acts or omissions occurring in connection with the approval of the Stock Purchase Agreement and the consummation
of the Stock Purchase Transaction, or taken at the request of East.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 78; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->68<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Directors&rsquo;
and Officers&rsquo; Insurance</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
a period of not less than six years from the Closing Date, the Company must, at its sole cost, either (i) maintain officers&rsquo;
and directors&rsquo; liability insurance covering the individuals serving as officers and directors of the Company immediately
prior to the Closing in an amount not less than, and on terms no less favorable in the aggregate to, such officers and directors
of the Company than under the directors&rsquo; and officers&rsquo; liability insurance policy maintained by the Company as of
the Closing or (ii) cause the individuals serving as officers and directors of the Company immediately prior to the Closing to
be covered for a period of six years from the Closing by the directors&rsquo; and officers&rsquo; liability insurance policy maintained
by the Company through the purchase of &ldquo;tail&rdquo; insurance (provided that the Company may substitute policies of at least
the same coverage and amounts containing terms and conditions that are not less advantageous than such policy) with respect to
acts or omissions occurring prior to the Closing that were committed by the officers and directors of the Company. However, the
Company shall not be required to expend in the aggregate for the entire six-year period an amount in excess of 300% of the annual
premiums currently paid by the Company for such insurance.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Non-Solicitation
of Competing Transaction Proposals</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subject
to certain exceptions described below, the Company has agreed to (and will cause its representatives to) immediately cease and
cause to be terminated any existing solicitation of, or discussions or negotiations relating to any Competing Proposal or discussions
or negotiations that could reasonably be expected to lead to a Competing Proposal. In addition, between the date of the Stock
Purchase Agreement and earlier of Closing or termination of the Stock Purchase Agreement, subject to certain exceptions, the Company
may not initiate, solicit, propose, induce or knowingly encourage, facilitate or assist in the making of any proposal or offer
that constitutes, or could reasonably be expected to lead to, any Competing Proposal; engage in negotiations or substantive discussions
with, or furnish any material nonpublic information to, or enter into any agreement, arrangement or understanding with, any person
relating to a Competing Proposal or any inquiry or proposal that could reasonably be expected to lead to a Competing Proposal;
or approve, endorse or recommend any proposal that constitutes, or could reasonably be expected to lead to, a Competing Proposal.
However, the Company may inform other persons of these provisions contained in the Stock Purchase Agreement and grant a waiver
of, or terminate, any &ldquo;standstill&rdquo; or similar obligation of any person in order to allow such person to confidentially
submit a Competing Proposal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
the event the Company receives a Competing Proposal or any inquiry that could reasonably be expected to lead to a Competing Proposal,
the Company must promptly notify East within two business days of such Competing Proposal and deliver to East a written notice
setting forth: (A) the identity of the person making such Competing Proposal or inquiry (except to the extent prohibited by the
terms of any confidentiality agreement entered into prior to the date of the Stock Purchase Agreement) and (B) the material terms
and conditions of any such Competing Proposal or an unredacted copy of any documents in connection with such Competing Proposal.
The Company shall keep East reasonably informed of any amendment or modification of any such Competing Proposal on a prompt basis,
and in any event within two (2) business days.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition, in the event the Company receives an unsolicited Competing Proposal that did not result from a breach of the Stock Purchase
Agreement by the Company, the Company may, subject to satisfying certain procedural requirements, engage in negotiations or substantive
discussions with, and provide information and access to, the person making the proposal if the Board determines in good faith
(after consultation with its outside financial advisors and outside legal counsel) that such Competing Proposal constitutes, or
could reasonably be expected to lead to, a Superior Proposal (as defined below), and the failure to consider the Competing Proposal
would reasonably be expected to be inconsistent with the Board&rsquo;s fiduciary duties under New York law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Stock Purchase Agreement also provides that the Board may not withdraw (or modify or qualify in any manner) the Stock Purchase
Transaction Board Recommendation or take certain other actions that would constitute an Adverse Recommendation Change, except
as a result of an Intervening Event (as defined below) if the Board determines in good faith (after consultation with its outside
financial advisors and outside legal counsel) that failure to do so would reasonably be expected to be inconsistent with the Board&rsquo;s
fiduciary duties. The Stock Purchase Agreement also provides that, if the Company receives a Competing Proposal that the Board
determines in good faith (after consultation with its outside financial advisors and outside legal counsel) constitutes a Superior
Proposal, the Board may authorize, adopt or approve, or enter into a definitive agreement with respect to, such Superior Proposal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 79; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->69<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each
of the foregoing rights of the Company is subject to satisfying a number of procedural steps under the Stock Purchase Agreement.
In addition, taking any such action would give rise to certain termination rights and a corresponding obligation to reimburse
East for its expenses in the form of the Termination Fee, as discussed below under &ldquo;Termination of the Stock Purchase Agreement.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
purposes of the non-solicitation and related provisions of the Stock Purchase Agreement, the following definitions apply:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A
&ldquo;Competing Proposal&rdquo; means any inquiry, proposal or offer made by any third party (including any inquiry, proposal
or offer from any of the Shareholders): (a) to purchase or otherwise acquire, directly or indirectly, in one transaction or a
series of transactions (including any merger, consolidation, tender offer, exchange offer, stock acquisition, asset acquisition,
binding share exchange, business combination, recapitalization, liquidation, dissolution, joint venture or similar transaction),
(i) beneficial ownership (as defined under Section 13(d) of the Exchange Act) of fifteen percent (15%) or more of any class of
equity securities of the Company (for the avoidance of doubt, this fifteen percent (15%) threshold shall be in addition to any
shares of Common Stock owned by such third party or its affiliates as of the date of the inquiry, proposal or offer) or (ii) assets
(including equity of Rand SBIC) or operations of the Company or Rand SBIC that constitute fifteen percent (15%) or more of the
revenues or assets of the Company and Rand SBIC, taken as a whole; or (b) any other transaction not covered in the foregoing clause
(a) involving a restructuring or any other change in the operations of the Company that would result in the Company converting
from an internally managed BDC to an externally managed BDC, whether or not such transaction is coupled with a capital infusion
or purchase of shares of the Company; or (c) any liquidation of the Company, in each case other than the Stock Purchase Transaction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">An
&ldquo;Intervening Event&rdquo; means any fact, circumstance, occurrence, effect, change, event or development that is material
to the Company that was not known to the Board prior to the execution of the Stock Purchase Agreement, which fact, circumstance,
occurrence, effect, change, event or development, or any material consequence thereof, becomes known to the Board prior to the
receipt of the approvals from Shareholders for the Stock Purchase Transaction; provided, that in no event shall the receipt, existence
or terms of a Competing Proposal or any matter relating directly thereto or consequence directly thereof constitute an Intervening
Event.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A
&ldquo;Superior Proposal&rdquo; means a bona fide written Competing Proposal that the Board determines in good faith, after consultation
with its outside financial advisors and legal advisors, and taking into account the terms and conditions of such proposal, the
party making such proposal, and the likelihood and anticipated timing of consummation of such Competing Proposal, and all other
all legal, financial, regulatory and other aspects of such Competing Proposal, (a) is reasonably likely to be consummated without
undue delay relative to the Stock Purchase Transaction, taking into account all financial, legal, regulatory and other aspects
of such offer, and (b) is more favorable to the Shareholders from a financial point of view than the Transactions (including any
revisions to the terms of the Stock Purchase Agreement committed to by East in writing in response to such Competing Proposal);
provided however, for these purposes, to the extent relevant to the Competing Proposal in question, all percentages in subsections
(a)(i) and (a)(ii) of the definition of Competing Proposal shall be increased to (i) for purposes of subsection (a)(i) of the
definition of Competing Proposal, the lesser of (1) fifty percent (50%) of the outstanding Common Stock and (2) such percentage
of Common Stock such that the person submitting the Competing Proposal, together with its affiliates, would become, upon the closing
of the proposed transaction set forth in the Competing Proposal, the beneficial owner of at least fifty percent (50%) of the outstanding
Common Stock and (ii) for purposes of subsection (a)(ii) of the definition of Competing Proposal, fifty percent (50%).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Takeover
Statutes</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Company and East have each agreed to use their respective commercially reasonable efforts (a) to take all action necessary so
that no &ldquo;takeover statute&rdquo; is or becomes applicable to the Stock Purchase Transaction, and (b) if any such takeover
statute is or becomes applicable to the Stock Purchase Transaction, to take all action necessary so that the Stock Purchase Transaction
may be consummated as promptly as reasonably practicable on the terms contemplated by the Stock Purchase Agreement and otherwise
to eliminate or minimize the effect of such takeover statute on the Stock Purchase Transaction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 80; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->70<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Litigation</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Between
the signing of the Stock Purchase Agreement and the Closing, the Company shall (i) provide prompt notice to East of all shareholder
litigation relating to the Stock Purchase Agreement or the Stock Purchase Transaction, and (ii) consult with East regarding the
defense and settlement of any litigation outstanding as of the date of the Stock Purchase Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal"><I>Adviser
Registration as an Investment Adviser</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
to the Stock Purchase Agreement, the Adviser has agreed to, and East has agreed to cause the Adviser to, within five business
days after receipt of the approvals from Shareholders for the Stock Purchase Transaction, file a Form ADV with the SEC and make
any other filings with any other governmental entities in order for the Adviser to become registered as an investment adviser
under the Advisers Act. In connection therewith, the Adviser has agreed to use its best efforts to, and East has agreed to cause
the Adviser to use its best efforts to, become, and to take any and all actions necessary to avoid or eliminate each and every
impediment or to fulfill each and every requirement under the Advisers Act or other applicable law that may be asserted or required
by any governmental entity so as to become, registered as an investment adviser under the Advisers Act as promptly as possible
after receipt of approvals from Shareholders for the Stock Purchase Transaction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><A NAME="b_011"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Transaction
Expenses</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
to the terms of the Stock Purchase Agreement, all fees and expenses incurred in connection with the Stock Purchase Transaction
are to be paid by the party incurring these fees or expenses.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><A NAME="b_012"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Conditions
to the Stock Purchase Transaction</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">The
Company and East will not be obligated to complete the Stock Purchase Transaction, unless a number of conditions are satisfied
or properly waived, including:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">approvals
    by the Shareholders of (1) the Sale Below NAV Proposal, (2) the Nasdaq Proposal and (3) the Certificate of Incorporation Amendment
    Proposal have been obtained;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Investment Management Agreement and Administration Agreement have each been duly and validly executed and delivered by the
    Company and constitute valid and binding obligations of the Company, enforceable against the Company in accordance with their
    terms;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Adviser has been registered as an investment adviser under the Advisers Act;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Company has delivered evidence reasonably satisfactory to East that (1) the Company&rsquo;s existing change in control agreements
    that have entered into with each member of Company Management have been terminated effective prior to the Closing and no payment
    has been or will be made under those agreements; and (2) each employee of the Company has been terminated or otherwise resigned
    effective as of immediately prior to the Closing;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Company has delivered evidence reasonably satisfactory to East that each of the Company&rsquo;s benefit plans has been terminated
    effective as of immediately prior to the Closing and that no payment has been or will be made under those benefit plans by
    the Company or any other party in connection with those terminations;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 66.95pt; text-align: justify; text-indent: -0.25in; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 81; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->71<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vi)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">no
    order, injunction or decree entered by any court or agency of competent jurisdiction or other law preventing or making illegal
    the consummation of the Stock Purchase Transaction is in effect preventing or prohibiting the consummation of the Stock Purchase
    Transaction;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vii)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">there
    is no pending suit or proceeding by a governmental entity (i) challenging the Stock Purchase Transaction, seeking to restrain
    or prohibit the consummation of the Stock Purchase Transaction or seeking to obtain from the Company or East any damages that
    are material in relation to the Company and Rand SBIC taken as a whole, or (ii) seeking to prohibit the Adviser from becoming
    the external investment adviser to the Company; and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(viii)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">unless
    the Company has received SBA Approval or confirmation from the SBA that the SBA Approval is not required and that Company&rsquo;s
    SBA debentures are permitted to remain outstanding in accordance with their terms, the Company has delivered evidence of the
    payoff of, or escrowing of funds in an amount sufficient to pay off, the Company&rsquo;s SBA debentures in accordance with
    SBA regulations.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 66.95pt; text-align: justify; text-indent: -0.25in; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition to the mutual conditions to Closing, East&rsquo;s obligation to consummate the Stock Purchase Transaction is further
conditioned upon the following conditions that must be satisfied or properly waived:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    accuracy of the representations and warranties of the Company (subject to the interpretive standards set forth in the Stock
    Purchase Agreement);</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    performance by the Company, in all material respects, of its covenants and obligations under the Stock Purchase Agreement;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">no
    Material Adverse Effect with respect to the Company has occurred between the date of execution of the Stock Purchase Agreement
    and Closing; and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Company has entered into the Shareholder Agreement.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition to the mutual conditions to Closing, the Company&rsquo;s obligation to consummate the Stock Purchase Transaction is further
conditioned upon the following conditions that must be satisfied or properly waived:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    accuracy of the representations and warranties of East (subject to the interpretive standards set forth in the Stock Purchase
    Agreement);</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    performance by East, in all material respects, of its covenants and obligations under the Stock Purchase Agreement;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    receipt of each of the required consents to transfer the Contributed Investment Assets to the Company;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Investment Management Agreement and Administration Agreement have each been duly and validly executed and delivered by the
    Adviser and constitute valid and binding obligations of the Adviser, enforceable against the Adviser in accordance with their
    terms; and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">East
    has entered into the Shareholder Agreement.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><A NAME="b_013"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Termination
of the Stock Purchase Agreement</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Stock Purchase Agreement may be terminated at any time prior to the Closing, whether before or after receipt of approval of the
Shareholders:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">by
    mutual consent of the Company and East, in a written instrument duly authorized by the Company and East;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 82; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->72<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">by
    either the Company or East, if the Stock Purchase Transaction has not been consummated on or before November 30, 2019, unless
    the failure of the Closing to occur by such date was due to the failure of the party seeking to terminate the Stock Purchase
    Agreement to perform or observe the covenants and agreements of such party set forth in the Stock Purchase Agreement (the
    &ldquo;<U>Outside Date Termination</U>&rdquo;);</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">by
    either the Company or East, at any time prior to the Closing, in the event that the Company shall has failed to obtain approval
    by the Shareholders of (1) the Sale Below NAV Proposal, (2) the Nasdaq Proposal and (3) the Certificate of Incorporation Amendment
    Proposal at the special meeting or any adjournment thereof (the &ldquo;<U>No Vote Termination</U>&rdquo;);</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">by
    either of the Company or East (provided that the terminating party is not then in material breach of any representation, warranty,
    covenant or other agreement contained in the Stock Purchase Agreement), if there has been a breach of any of the covenants
    or agreements or any of the representations or warranties set forth in this Agreement on the part of the Company, in the case
    of a termination by East, or of East, in the case of a termination by the Company, which breach, either individually or in
    the aggregate, would result in, if occurring or continuing on the Closing, the failure of certain conditions set forth in
    the Stock Purchase Agreement, and which is not cured within 30 days following written notice to the party committing such
    breach or by its nature or timing cannot be cured within such time period (&ldquo;<U>Breach Termination</U>&rdquo;);</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">by
    East, (i) within ten business days after the Board has effected an Adverse Recommendation Change prior to receipt of the Shareholder
    approval, or (ii) in the event the Board has approved, or authorized the Company or Rand SBIC to enter into, a merger agreement,
    letter of intent, acquisition agreement, stock purchase agreement or other similar agreement with respect to a Competing Proposal
    (either being a &ldquo;<U>East Special Termination Event</U>&rdquo;);</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vi)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">by
    the Company, in the event that, the Company has received a Superior Proposal, the Board has authorized the Company to enter
    into a definitive agreement to consummate the transaction contemplated by such Superior Proposal, and concurrently with the
    termination of the Stock Purchase Agreement, the Company pays the Termination Fee to East and enters into the definitive agreement
    to consummate the transaction contemplated by such Superior Proposal; or</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">by
    the Company, in the event that, the Board has effected an Adverse Recommendation Change (clauses (vi) or (vii) each being
    a &ldquo;<U>Company Special Termination Event</U>&rdquo;).</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><A NAME="b_014"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Termination
Fee</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
purposes of the Stock Purchase Agreement, the &ldquo;<U>Termination Fee</U>&rdquo; is an amount in cash equal to East&rsquo;s
documented out-of-pocket costs and expenses paid or payable to third parties (including legal, accounting, tax, regulatory, operations,
advisory, management, human resources (including pension), consulting, insurance, audit, search, asset appraisal, title, surveys,
financing, filing, compensation, travel and other similar fees, costs and expenses) and incurred or accrued by or on behalf of
East, the Adviser or their respective affiliates in connection with the Stock Purchase Agreement, the Stock Purchase Transaction
and the Externalization Transaction, including East&rsquo;s and the Adviser&rsquo;s due diligence investigation of the Company
and Rand SBIC and the preparation, negotiation, execution and delivery of definitive agreements in connection with the Stock Purchase
Transaction and the Externalization Transaction, which amount shall in no event exceed $750,000.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Termination Fee is payable in the event the Stock Purchase Agreement is terminated:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">by
    East in connection with an East Special Termination Event; or</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">by
    the Company in connection with a Company Special Termination Event.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Alternatively,
the Company will pay East the Termination Fee in the event that:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 83; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->73<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Stock Purchase Agreement is terminated by East or the Company by reason of an Outside Date Termination or a No Vote Termination
    or by East by reason of a Breach Termination by the Company;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">prior
    to such termination, an Competing Proposal has been made or proposed to the Company and disclosed to the Shareholders or any
    person has publicly announced an intention to make an Competing Proposal after the date of the Stock Purchase Agreement but
    prior to the date of termination; and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">within
    twelve (12) months after the date of such termination, the Company enters into a definitive agreement with respect to and
    consummates a Competing Proposal (or transaction that would have constituted a Competing Proposal if made prior to the termination
    of the Stock Purchase Agreement) or consummates a Competing Proposal (provided that, in each case, the references to &ldquo;fifteen
    percent (15%)&rdquo; in the definition of Competing Proposal shall be deemed references to &ldquo;fifty percent (50%)&rdquo;).</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notwithstanding
the foregoing, in no event shall the Company be obligated to pay the Termination Fee more than once.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><A NAME="b_015"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Effect
of Termination</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
the event of termination of the Stock Purchase Agreement, none of the Company, East, any of their respective subsidiaries or any
of the officers or directors of any of them shall have any liability of any nature whatsoever under the Stock Purchase Agreement,
or in connection with the Stock Purchase Transaction, except that (a) provisions regarding confidentiality, termination and Termination
Fees, and the provisions of Article X of the Stock Purchase Agreement (General Provisions) shall survive termination of the Stock
Purchase Agreement, and (b) neither the Company nor East shall be relieved or released from any liabilities or damages arising
out of its knowing and intentional breach of any provision of the Stock Purchase Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><A NAME="b_016"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>No
Survival of Representations, Warranties and Agreements</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
representations, warranties, covenants and agreements set forth in the Stock Purchase Agreement or in any other agreement or instrument
delivered in connection with the Stock Purchase Agreement shall not survive the Closing, except for indemnification obligations
in favor of the directors and officers of the Company set forth in the Stock Purchase Agreement and for those other covenants
and agreements contained in the Stock Purchase Agreement that by their terms are to be performed in whole or in part after the
Closing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><A NAME="b_017"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Remedies;
Specific Performance</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Except
as otherwise provided in the Stock Purchase Agreement, any and all remedies expressly conferred upon a party are cumulative with
and not exclusive of any other remedy conferred under the Stock Purchase Agreement, or by law or equity upon such party, and the
exercise by a party of any one remedy will not preclude the exercise of any other remedy.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notwithstanding
the foregoing, the right to receive the Termination Fee is the sole and exclusive remedy available to East in the event the Stock
Purchase Agreement is terminated by reason of an East Special Event Termination or a Company Special Event Termination.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition, the parties have agreed that, in the event of a breach or threatened breach of the covenants or obligations in the Stock
Purchase Agreement, each of the parties are entitled to an injunction or other equitable relief to prevent or restrain such breach
or threatened breach, or to enforce compliance with, the covenants and obligations under the Stock Purchase Agreement, in addition
to other legal and equitable remedies which may be available. No party shall be obligated to first seek specific enforcement or
other equitable relief, nor does seeking specific enforcement or other equitable relief preclude the pursuit of any other remedy.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 84; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->74<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><A NAME="b_018"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amendment
and Waiver</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Stock Purchase Agreement may be amended only by a written document executed by each of the parties to the Stock Purchase Agreement
at any time prior to Shareholder approval. After receipt of the Shareholder approval, there may not be, without further approval
of the Shareholders, any amendment of the Stock Purchase Agreement that requires further approval of the Shareholders under applicable
law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><A NAME="b_019"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Governing
Law; Jurisdiction</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Stock Purchase Agreement is governed by New York law. The parties have agreed that any suit, action or proceeding brought by either
party to enforce any provision of, or based on any matter arising out of or in connection with, the Stock Purchase Agreement or
the Stock Purchase Transaction will be brought in United States District Court for the Western District of New York and, if such
court does not have jurisdiction over such dispute, the Supreme Court of the State of New York located in the County of Erie.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><A NAME="b_020"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Terms
of the Shareholder Agreement</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>The
following description of the Shareholder Agreement is qualified in its entirety by reference to the form of Shareholder Agreement
attached hereto as <U>Appendix D</U>.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
connection with the Closing, the Company will enter into a Shareholder Agreement with the East. Under the terms of the Shareholder
Agreement, until the date on which East ceases to beneficially own more than fifteen percent of the outstanding Common Stock (the
&ldquo;<U>East Nomination Period</U>&rdquo;), East will have the right to designate (i) up to two persons, of which at least one
person cannot be an &ldquo;interested person&rdquo; (as that term is defined in Section 2(a)(19) of the 1940 Act) of the Company,
for nomination for election to the Board if the size of the Board is composed of fewer than seven directors or (ii) up
to three persons, of which at least one person cannot be an interested person, for nomination for election to the Board if the
size of the Board is composed of seven or more directors (each designated person being a &ldquo;<U>East Nominee</U>&rdquo;). For
purposes of determining the East Nomination Period, if East&rsquo;s ownership of outstanding Common Stock falls below fifteen
percent as a result of a sale or other issuance of Common Stock by the Company, then the fifteen percent threshold will automatically
be reduced by a percentage equal to the percentage by which East&rsquo;s ownership of Common Stock was reduced as a result of
such sale or issuance by the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the terms of the Shareholder Agreement, the Company must, at least 45 days prior to the expected mailing date of a proxy statement
in connection with the election of directors, notify East of the date on which such proxy statement is expected to be mailed and
provide a form of prospective director questionnaire. Upon receipt of the Company&rsquo;s notice, East must, within 15 days after
the date of the notice from the Company, deliver the name, address and completed questionnaire for each East Nominee that it desires
to be designated for nomination for election as a director. Thereafter, the Board or the nominating committee of the Board (the
&ldquo;<U>Nominating Committee</U>&rdquo;), must promptly and in good faith consider each East Nominee applying the same standard
used in consideration of other nominees. If the Board or Nominating Committee, as applicable, determines that any East Nominee
would not be qualified under applicable law, rule or regulation to serve as a director of the Company and fails to approve the
nomination, then East has the right to designate another person as an East Nominee and such new East Nominee will be subject to
the same review by the Board or Nominating Committee, as applicable.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
the event that the Shareholders fail to elect any East Nominee to the Board at any meeting of Shareholders at which directors
are elected, East may designate another person as an East Nominee and, subject to applicable law, the terms of the Certificate
of Incorporation and the Company&rsquo;s by-laws, and the rules of the stock exchange on which the Common Stock is listed, the
Board shall elect this alternate East Nominee to the Board. In no event, however, shall the Board be required to elect any East
Nominee to the Board if the Shareholders failed to elect such East Nominee at the prior meeting of Shareholders at which directors
are elected.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition, in the event that there is a vacancy on the Board due to the death, resignation or removal of any director of the Company
that was an East Nominee, subject to applicable law, the terms of the Certificate of Incorporation and the Company&rsquo;s by-laws,
and the rules of the stock exchange on which the Common Stock is listed, this vacancy may only be filled with a substitute East
Nominee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 85; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->75<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
during the East Nomination Period, the size of the Board is increased to seven or more directors and East provides written notice
setting forth the name and address of a third East Nominee, then no later than the 90th day after the Company&rsquo;s receipt
of such notice, subject to (i) applicable law, the terms of the Certificate of Incorporation and the Company&rsquo;s by-laws,
and the rules of the stock exchange on which the Common Stock is listed and (ii) review of such East Nominee by the Board or Nominating
Committee, as applicable, the Board shall elect the East Nominee to the Board such that there will be three East Nominees on the
Board.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the terms of the Shareholder Agreement, the Company and East have agreed that the rights provided to East under the Shareholder
Agreement will be the exclusive means for East to designate, nominate, seek to designate or seek to nominate, as applicable, any
person for election as a director to the Board, and East shall not, directly or indirectly, make use of, or otherwise seek to
avail itself of, any other rights or means to designate, nominate, seek to designate or seek to nominate, as applicable, any person
for election as a director to the Board, including pursuant to any rights available to any Shareholder under the Certificate of
Incorporation, the Company&rsquo;s by-laws or applicable law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 86; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->76<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="b_021"></A>PROPOSAL
1 &ndash; APPROVAL OF THE SALE BELOW NAV proposal</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
are asking you to approve a sale of 8,333,333.33 shares of Common Stock to East in the Stock Purchase Transaction at a price of
$3.00 per share, which sale price per share of Common Stock is below the Company&rsquo;s current NAV per share of Common Stock,
pursuant to the Stock Purchase Agreement. The Board has declared the Stock Purchase Transaction advisable and determined to submit
this proposal to a Shareholder vote. Under Section 63(2) of the 1940 Act, the Company, as a BDC, is only allowed to sell shares
of Common Stock for less than the Company&rsquo;s current NAV per share of Common Stock without violating Section 23(b) of the
1940 Act if such sale is approved by the affirmative vote of the holders of at least a &ldquo;majority of the outstanding voting
securities&rdquo;, as defined in the 1940 Act, of (i) the outstanding shares of Common Stock and (ii) the outstanding shares of
Common Stock held by persons that are not affiliated persons, as defined in the 1940 Act, of the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
a summary of and detailed information regarding this proposal, please see the information about the Stock Purchase Agreement provided
throughout this proxy statement. A copy of the Stock Purchase Agreement is attached to this proxy statement as <U>Appendix A</U>.
You are urged to read the Stock Purchase Agreement carefully in its entirety.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><A NAME="b_022"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Overview</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
1940 Act prohibits the Company from selling shares of its Common Stock at a price below its then current NAV per share of Common
Stock, exclusive of sales compensation, unless the Shareholders approve such sale and the Board makes certain determinations.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
to this provision, the Company is seeking approval of the Shareholders so that it may sell and issue shares of its Common Stock
at a price below its then current NAV in the Stock Purchase Transaction. The Board believes that selling shares of its Common
Stock below NAV in the Stock Purchase Transaction to East is in the best interests of the Shareholders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><A NAME="b_023"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Board
Approval</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
January 24, 2019, the Board, including a majority of the independent directors who have no financial interest in this proposal,
approved this proposal as in the best interests of the Company and its Shareholders and is recommending that the Shareholders
vote in favor of this proposal to offer and sell shares of Common Stock to East at a price that is less than NAV in the Stock
Purchase Transaction. In evaluating this proposal, the Board, including the independent directors, considered and evaluated factors
including the following:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    effect that the sale of shares of Common Stock below NAV per share in connection with the Stock Purchase Transaction would
    have on the Shareholders, including the potential dilution they would experience;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    amount per share by which the offering price per share and the net proceeds per share are less than the most recently determined
    NAV per share; and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    relationship of recent market prices of the Common Stock to NAV per share and the potential impact of the sale of shares of
    Common Stock below NAV per share in connection with the Stock Purchase Transaction on the market price per share of the Common
    Stock.</FONT></TD></TR>
</TABLE>
<DIV STYLE="font: 10pt Times New Roman, Times, Serif; border-top-width: 0in; border-top-color: Black; border-bottom-width: 0in; border-bottom-color: Black; border-left-width: 0in; border-left-color: Black; margin-top: 0pt; margin-bottom: 0pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><A NAME="b_024"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Reasons
to Offer Common Stock below NAV</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

</DIV>

<DIV STYLE="font: 10pt Times New Roman, Times, Serif; border-top-width: 0in; border-top-color: Black; border-bottom-width: 0in; border-bottom-color: Black; border-left-width: 0in; border-left-color: Black; margin-top: 0pt; margin-bottom: 0pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">As
a part of its determination that the Stock Purchase Transaction is in the best interest of the Shareholders, the Board considered
the following possible benefits to its Shareholders in connection with its determination that the Company should offer and sell
shares of Common Stock at a price that is less than NAV to East in the Stock Purchase Transaction:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

</DIV>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Transactions, taken as a whole, will help accelerate the shift in the Company&rsquo;s investment strategy towards investing
    in more interest-yielding debt securities;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    price per share of Common Stock to be sold to East under the Stock Purchase Transaction of $3.00 per share represents a 33%
    premium per share over the closing price of Common Stock on January 24, 2019 (the trading day immediately prior to the announcement
    of the Transactions);</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 87; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->77<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Board perceived the Transactions as providing better value to the Shareholders and greater certainty of completion than the
    other strategic alternatives evaluated by the Board;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Stock Purchase Agreement, the Investment Management Agreement and Administration Agreement each have customary terms and were
    the product of extensive arm&rsquo;s-length negotiations by the Company with the assistance of its outside advisors;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Shareholders could experience future appreciation in the value of the Common Stock if the Adviser is able to successfully
    manage the Company; and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">an
    offering that increases the Company&rsquo;s total assets may reduce its expenses per share due to the spreading of fixed expenses
    over a larger asset base, and, upon completion of the Stock Purchase Transaction, the Company anticipates that its expense-to-asset
    ratio will be reduced.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<DIV STYLE="border: white 1pt solid; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><A NAME="b_025"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Key
Shareholder Considerations</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Dilution</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Before
voting on this proposal or giving proxies with regard to this proposal, Shareholders should consider the dilutive effect of the
issuance of shares of Common Stock in the Stock Purchase Transaction at a price that is less than the Company&rsquo;s current
NAV per share. The consummation of the Stock Purchase Transaction will result in an immediate dilution to existing Shareholders.
This dilution will include reduction in the NAV per share as a result of the issuance of shares of Common Stock at a price below
the NAV per share and a disproportionately greater decrease in a current Shareholder&rsquo;s interest in the earnings and assets
of the Company and voting interest in the Company than the increase in the assets of the Company resulting from such issuance.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition, Shareholders should consider the risk that the approval of this proposal could cause the market price of the Common
Stock to decline. The 1940 Act establishes a connection between Common Stock sale price and NAV because, when Common Stock is
sold at a sale price below NAV per share, the resulting increase in the number of outstanding shares reduces NAV per share.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Dilutive
Effect of the Issuance of Shares Below NAV</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>

</DIV>

<DIV STYLE="font: 10pt Times New Roman, Times, Serif; border-top-width: 0in; border-top-color: Black; border-bottom-width: 0in; border-bottom-color: Black; border-left-width: 0in; border-left-color: Black; margin-top: 0pt; margin-bottom: 0pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
following table shows the level of NAV dilution that will be experienced by a Shareholder as a result of the completion of the
Stock Purchase Transaction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

</DIV>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid">Prior to Sale<BR> Below NAV</TD><TD STYLE="padding-bottom: 1.5pt; font: bold 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid">Following<BR> Sale</TD><TD STYLE="padding-bottom: 1.5pt; font: bold 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid">%<BR> Change</TD><TD STYLE="padding-bottom: 1.5pt; font: bold 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: italic 10pt Times New Roman, Times, Serif">Offering Price</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 49%; font: 10pt Times New Roman, Times, Serif">Price per Share to East</TD><TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 13%; text-align: right; font: 10pt Times New Roman, Times, Serif">&mdash;</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">$</TD><TD STYLE="width: 13%; text-align: right; font: 10pt Times New Roman, Times, Serif">3.00</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 13%; text-align: right; font: 10pt Times New Roman, Times, Serif">&mdash;</TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net Proceeds per Share to the Company<SUP>(1)</SUP></FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&mdash;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">$</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">2.88</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&mdash;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: italic 10pt Times New Roman, Times, Serif; text-align: left">Decrease to NAV</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Total Shares Outstanding</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">6,321,988</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">14,655,321</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">131.8</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">NAV per Share</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">$</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">4.99</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">$</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">3.79</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">(24.0</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">)%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: italic 10pt Times New Roman, Times, Serif; text-align: left">Dilution to Shareholder</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">Shares Held by Shareholder A</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">63,220</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">63,220</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&mdash;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">Percentage Held by Shareholder A</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">1.00</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">%</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">0.43</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">%</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">(56.9</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">)%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt">Total Asset Values</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 20pt; font: 10pt Times New Roman, Times, Serif">Total NAV Held by Shareholder A</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">$</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">315,242</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">$</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">239,519</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">(24.0</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">)%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 20pt; font: 10pt Times New Roman, Times, Serif">Total Investment by Shareholder A (Assumed to be $4.99 per share of Common Stock)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">$</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">315,242</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">$</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">315,242</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&mdash;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 20pt; font: 10pt Times New Roman, Times, Serif">Total Dilution to Shareholder A (Total NAV less Total Investment)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&mdash;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">$</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">(75,723</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">(24.0</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">)%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-left: 10pt">Per Share Amounts</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 20pt; font: 10pt Times New Roman, Times, Serif">NAV per Share held by Shareholder A</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&mdash;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">$</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">3.79</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&mdash;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 20pt; font: 10pt Times New Roman, Times, Serif">Investment per Share held by Shareholder A (Assumed to be $4.99 per share of Common Stock)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">$</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">4.99</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">$</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">4.99</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&mdash;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 20pt; font: 10pt Times New Roman, Times, Serif">Dilution per Share held by Shareholder A (NAV per Share less Investment per
    Share)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&mdash;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">$</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">(1.20</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&mdash;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 20pt; font: 10pt Times New Roman, Times, Serif">Percentage Dilution to Shareholder A (Dilution per Share divided by
    Investment per Share)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&mdash;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">&mdash;</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif">(24.0</TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">)%</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Represents
    the Purchase Price of $25.0 million less $1.0 million of estimated fees and expenses expected to be incurred by the Company
    in connection with the Transactions.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 88; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->78<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<DIV STYLE="border: white 1pt solid; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><A NAME="b_026"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Required
Vote</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

</DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Approval
of the Sale Below NAV Proposal requires the affirmative vote of holders of a &ldquo;majority of the outstanding voting securities&rdquo;
as defined in the 1940 Act, of (i) the outstanding shares of Common Stock and (ii) the outstanding shares of Common Stock held
by persons that are not affiliated persons, as defined in the 1940 Act, of the Company. Under the 1940 Act, the vote of holders
of a &ldquo;majority of the outstanding voting securities&rdquo; means the vote of the holders of the lesser of (a) 67% or more
of the voting securities present or represented by proxy at the special meeting if the holders of more than 50% of the voting
securities are present or represented by proxy or (b) more than 50% of the outstanding voting securities. An &ldquo;affiliated
person&rdquo; is defined under the 1940 Act to include officers, directors and employees of the Company and holders of 5% or more
of the outstanding Common Stock.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
you abstain from voting, fail to cast your vote, in person or by proxy, or fail to give voting instructions to your brokerage
firm, bank, or other nominee, it will have the same effect as a vote &ldquo;AGAINST&rdquo; the Sale Below NAV Proposal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The
Board unanimously recommends that you vote &ldquo;FOR&rdquo; the Sale Below NAV Proposal.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>


<!-- Field: Page; Sequence: 89; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->79<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in"><A NAME="b_027"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">PROPOSAL
2 &ndash; APPROVAL OF THE Nasdaq Proposal</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
are asking you to approve the Stock Purchase Transaction that would occur under the Stock Purchase Agreement for purposes of compliance
with the Nasdaq Listing Rule 5635. Specifically, in accordance with Nasdaq Listing Rules 5635(a) and 5635(b), the issuance to
East of shares of Common Stock in the Stock Purchase Transaction in exchange for cash consideration and investment assets results
in (i) the issuance of shares of Common Stock (a) having voting power equal to or in excess of 20% of the voting power of the
Common Stock outstanding prior to the issuance of the Common Stock to East in the Stock Purchase Transaction and (b) in excess
of 20% of the number of shares of Common Stock outstanding prior to the issuance of the Common Stock to East in the Stock Purchase
Transaction, and (ii) a change of control (as defined by the Nasdaq Listing Rules) of the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
Shareholders fail to approve the Nasdaq Proposal, the Company will be unable to close the Stock Purchase Transaction. In particular,
without approval of the Nasdaq Proposal, the issuance of 8,333,333.33 shares of Common Stock to East in the Stock Purchase Transaction
would not be in compliance with Nasdaq&rsquo;s listing rules, which the Company is required to abide by for continued listing
and trading of the Common Stock on Nasdaq. If Shareholders approve the Nasdaq Proposal, along with (i) the Sale Below NAV Proposal,
(ii) the Investment Management Agreement Proposal and (iii) the Certificate of Incorporation Amendment Proposal, the Company will
have received the approvals required from Shareholders in order to complete the Transactions. However, even if necessary approvals
from Shareholders are obtained, the Closing of the Stock Purchase Transaction is subject to other conditions and contingencies
described herein.&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
a summary of and detailed information regarding the Stock Purchase Agreement and Stock Purchase Transaction, please see Proposal
1 and the information about the Stock Purchase Agreement provided throughout this proxy statement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Approval
of the Nasdaq Proposal requires the affirmative vote of the holders of a majority of the votes cast on this proposal at the special
meeting. Abstentions and broker non-votes will have no effect on the Nasdaq Proposal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The
Board unanimously recommends that you vote &ldquo;FOR&rdquo; the Nasdaq Proposal.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>


<!-- Field: Page; Sequence: 90; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->80<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->
<P STYLE="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif"></P>
<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><A NAME="r_001"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">PROPOSAL
3 &ndash; APPROVAL OF THE INVESTMENT MANAGEMENT AGREEMENT PROPOSAL</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><A NAME="r_002"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">General</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shareholders
are being asked to consider and vote on a proposal to approve the Investment Management Agreement between the Company and the
Adviser. The Investment Management Agreement is attached as <U>Appendix B</U> to this proxy statement. The Company will also enter
into the Administration Agreement, attached as <U>Appendix C</U> to this proxy statement, with the Adviser. At a meeting of the
Board held on January 24, 2019, the Board, including all of our independent directors, unanimously voted to approve the Investment
Management Agreement, subject to the approval of the Shareholders, and determined that the Investment Management Agreement is
in the best interests of the Company and the Shareholders. The Board then recommended that the Shareholders vote to approve the
Investment Management Agreement Proposal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shareholders
are being asked to approve the Company&rsquo;s entry into the Investment Management Agreement, pursuant to which the Adviser will
become the investment adviser of the Company, because this approval is required by the 1940 Act. The 1940 Act makes it unlawful
for any person or entity to serve as an investment adviser to a BDC, except pursuant to a written contract that has been approved
by a majority vote of a BDC&rsquo;s shareholders and the BDC&rsquo;s board of directors.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><A NAME="r_003"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-style: normal">Effect
on the Company if the Externalization Transaction is Completed</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-style: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Assuming
the Company receives Shareholder approval of the Investment Management Agreement Proposal and subject to, and contingent upon,
the consummation of the Stock Purchase Transaction, the Company and the Adviser will enter into the Investment Management Agreement
and the Administration Agreement, pursuant to which the Adviser will serve as the Company&rsquo;s investment adviser and administrator,
respectively, following the Closing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
completion of the Externalization Transaction will result in the Company converting from an internally managed BDC to an externally
managed BDC, with the Adviser acting as investment adviser and administrator for the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Adviser, in its capacity as the investment adviser to the Company after the Closing, expects over time to transition the Company&rsquo;s
portfolio to include more interest-yielding debt securities.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><A NAME="r_004"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-style: normal">Effect
on the Company if the Externalization Transaction is Not Completed</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-style: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
the Externalization Transaction is not completed, the Company will not enter into the Investment Management Agreement and
Administration Agreement with the Adviser, and will continue its focus on conducting business as an internally managed BDC
and may consider and evaluate other strategic alternatives. These other strategic alternatives may include (i) pursuing
another strategic transaction that would allow the Company to be able to elect RIC status for U.S. tax purposes, (ii)
engaging another external investment adviser to manage our investment strategy, (iii) selling the Company or its portfolio
to a third party acquirer or (iv) allowing the Company&rsquo;s portfolio to run-off and distribute the proceeds to
Shareholders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><A NAME="r_005"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Reasons
for the Proposed Investment Management Agreement and Administration Agreement</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
the Shareholders approve the Investment Management Agreement Proposal, the Company&rsquo;s management structure will change from
an internally managed BDC to an externally managed BDC. External management is the organizational structure used by a majority
of BDCs and other investment companies. An externally managed BDC does not have any employees, but instead the investment and
management functions are provided by an outside investment adviser and administrator under an Investment Management Agreement
and Administration Agreement. In addition, if the Investment Management Agreement Proposal is approved by Shareholders, instead
of the Company directly compensating any employees, the Company will pay the Adviser for its services pursuant to the terms of
the Investment Management Agreement and the Administration Agreement, and the Adviser will then pay its employees for services
performed in furtherance of acting as the investment adviser for the Company. Under the terms of the Investment Management Agreement,
the fees paid by the Company for managing its affairs will be determined based upon an objective formula, as compared with the
current compensation costs, which fluctuate based upon the Board&rsquo;s determination of compensation structure.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 91; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->81<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Board and the Company&rsquo;s management believe that it is in the Company&rsquo;s best interests to change from internal management
to an external management structure. In the past, the internally managed structure served the Company well; however, the competitive
environment has changed. The shift to external management among registered funds and BDCs reflects a range of developments in
the asset management industry. The Company believes that these marketplace trends, and the limitations to which it is inherently
subject as an internally managed BDC, place it at a competitive disadvantage to other similar BDCs. In particular, external managers,
such as the Adviser, including through its affiliates and members of its Investment Committee, are likely to have access to additional
management resources, internal information systems and enhanced analytical capabilities. Because affiliates of the Adviser and
members of the Adviser&rsquo;s Investment Committee advise other funds and pools of assets, these benefits are expected to be
made available to the Company. External managers also have greater flexibility to structure employee compensation, providing them
with a competitive advantage over internally managed BDCs in compensating and therefor attracting and retaining professional talent.
Accordingly, the Adviser, as an external manager, will be better positioned to retain its employees who might otherwise be tempted
to leave to join companies with flexible compensation structures and will be better able than the Company to compete for talent
with other external advisers. As a result, the Company should benefit from the improved availability of talent at the Adviser.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition, given that affiliates of the Adviser and members of the Adviser&rsquo;s Investment Committee advise other funds and
pools of assets, incremental market intelligence and access to deal flow resulting from additional market interactions is expected
to be made available to the Company through the Adviser. The Company believes that these additional market interactions could
lead to an increase in the number of investment opportunities that are made available to the Company. The Company also believes
that the increase in capital available for investment, given the Cash Consideration from the Stock Purchase Transaction, and an
increase in the income generating portfolio investments held by the Company, given the Contributed Investment Assets to be contributed
by East in the Stock Purchase Transaction, are expected to increase the Company&rsquo;s net investment income and allow the Company
to take advantage of the expected increased investment opportunities.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Prior
to reaching their recommendation that you vote <B>&ldquo;FOR&rdquo;</B> the Investment Management Agreement Proposal, each independent
director evaluated the proposed arrangements and the concept of entering into the Investment Management Agreement at multiple
meetings. In its deliberations, the Board considered the likely impact on the Company and the Shareholders if the Company externalized
its management function and if the Company failed to externalize its management function, including among other things, the competitive
environment and the likely effect on performance and returns.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
1940 Act requires that Shareholders approve the Investment Management Agreement Proposal prior to the Company entering into the
Investment Management Agreement with the Adviser. Therefore, the Board has determined to submit the Investment Management Agreement
Proposal for Shareholders&rsquo; consideration at the special meeting and recommends that you vote <B>&ldquo;FOR&rdquo;</B> its
approval.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 92; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->82<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><A NAME="r_007"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Proposed
Externalization of the Company&rsquo;s Management</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
proposed Investment Management Agreement provides that the Adviser will act as investment adviser to the Company, with authority
to invest and reinvest the Company&rsquo;s property in accordance with such limitations as are imposed by law or as may be imposed
by the Board from time to time. The Adviser will oversee the administration, recordkeeping of the Company or oversee third parties
performing such functions for the Company. Customary general and administrative costs of the Adviser will be allocated to the
Company pursuant to the terms of the Administration Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Approval
of the Investment Management Agreement Proposal by the Shareholders and the subsequent externalization of the Company&rsquo;s
management will not affect the control the Board exercises over the affairs of the Company. For example, the Board would continue
to hold formal quarterly meetings to review the Company&rsquo;s affairs, and would receive, at least quarterly, statements from
the Adviser detailing changes in the Company&rsquo;s portfolio. In addition, the Board will be responsible for overseeing the
Adviser and determining whether to retain the Adviser subject to the terms of the Investment Management Agreement. In addition,
after the initial two-year term of the Investment Management Agreement, the Investment Management Agreement may be extended for
successive one-year periods by vote of the Board (including the separate vote of the independent directors) or, if the Board so
chooses, by a vote of the Shareholders. The Investment Management Agreement may also be terminated without penalty by the Company
or by the Adviser upon 60 days&rsquo; written notice to the other party. See &ldquo;Duration and Termination of the Investment
Management Agreement&rdquo; below.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">As
more fully discussed below under &ldquo;Board Approval of the Investment Management Agreement,&rdquo; the Board believes that
an externalized management structure could provide a number of potential benefits for the Company and Shareholders, including,
in particular: (1) the potential for increased access to investment opportunities as a result of the Adviser&rsquo;s pipeline
of investment opportunities, (2) the ability for the Company to maintain a more diversified portfolio and (3) advantages in the
investment decision making process by use of the Investment Committee. In short, the Board believes that entering into the Investment
Management Agreement and retaining the Adviser positions the Company for continued growth and creates potential benefits for the
Shareholders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 93; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->83<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><A NAME="r_008"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">About
the Adviser</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Adviser is a newly formed investment advisor that intends to register with the SEC pursuant to the Advisers Act. The Adviser will
initially be owned by East and Brian Collins. The Adviser&rsquo;s principal investment portfolio managers will be Messrs. Grum
and Penberthy, who will manage the Company&rsquo;s investment portfolio on a day-to-day basis. Messrs. Grum and Penberthy do not
currently provide portfolio advisory services to any accounts other than the Company. The Adviser believes that its access to
business and deal sourcing networks will help provide it with access to additional deal flow that it expects to be appropriate
for the Company&rsquo;s investment strategy. In addition, the Adviser believes that it will be able to provide advantages in the
investment decision making process relative to the current internally managed structure. Through the addition of the East&rsquo;s
industry relationships, including East&rsquo;s ties to the Pegula family, it is expected that the Company will be able to take
advantage of a significant increase in available investment opportunities. The Adviser expects to leverage its relationship with
East through Adam Gusky, Chief Investment Officer of East, in his role as East&rsquo;s designee on the Investment Committee, and
expects to have access to East&rsquo;s investment involvement with other family offices and deal sourcing networks. Examples of
such investment opportunities include the yielding Contributed Investment Assets that are being contributed to the Company by
East in exchange for shares of Common Stock in the Stock Purchase Transaction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Adviser may in the future form additional investment funds, including other BDCs. To the extent any such funds formed by the Adviser
have a similar investment strategy to the Company, the Adviser will allocate investment opportunities to in accordance with the
Adviser&rsquo;s allocation policy. The Adviser expects that its initial allocation policy will require that any investment opportunity
that fits within the Company&rsquo;s investment strategy will first be allocated to the Company, subject to available capital
and any regulatory or tax limitations or restrictions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="r_009"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>About
the Investment Process of the Adviser</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">All
decisions to acquire or dispose of assets on behalf of the Company will be made by the Adviser&rsquo;s investment committee (the
&ldquo;<U>Investment Committee</U>&rdquo;). Each such decision must be approved by a majority of Investments Committee members.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Through
the combined resources available to the Adviser based upon the relationships of the Investment Committee members, the Adviser
has access to significant research resources, experienced investment professionals, internal information systems and a credit
analysis framework and investment process. The Adviser intends to utilize a highly involved and interactive investment management
process. The investment process seeks to select only those investments that the Adviser believes have the most attractive risk/reward
characteristics. The Adviser expects that the process will involve several levels of review, and is coordinated in an effort to
identify risks in potential investments. The Adviser expects to apply its expertise to screen investment opportunities for the
Company as described below.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">All
potential investment opportunities will undergo an initial informal review by Messrs. Grum and Penberthy, as the Adviser&rsquo;s
investment professionals. The Adviser expects that each potential investment opportunity that an investment professional determines
merits consideration will be presented and evaluated at a weekly meeting in which the Adviser&rsquo;s investment professionals
and other members of the Investment Committee discuss the merits and risks of each potential investment opportunity, as well as
the due diligence process and the pricing and structure for the investment. If the Adviser&rsquo;s investment professionals believe
an investment opportunity merits further review, it is expected that the Adviser&rsquo;s investment professionals will prepare
and present to the Investment Committee for initial review a prescreen memorandum that generally describes the potential transaction
and includes a description of the risks, due diligence process and proposed structure and pricing for the proposed investment
opportunity.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Prior
to making an investment, the Adviser&rsquo;s investment professionals will conduct rigorous diligence on each investment opportunity.
In connection with its due diligence on a potential investment opportunity, the Adviser intends to utilize its internal diligence
resources, which include its internally developed credit analytical framework, subscriptions to third party research resources,
discussions with industry experts, internal information sharing systems and the analytical expertise of its investment professionals.
The Adviser expects that it will review, among other items, the company&rsquo;s historical financials, industry drivers and outlook,
competitive threats, customer concentration, asset coverage, projected financials and credit metrics, and management background
checks.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 94; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->84<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Upon
review of the prescreen memorandum, if a majority of the Investment Committee approves proceeding with the review of an investment
opportunity, the Adviser&rsquo;s investment professionals will continue their diligence and deal structuring plans, and it is
expected that the Adviser&rsquo;s investment professionals will prepare a credit approval memorandum for review by the Investment
Committee, which will update the prescreen memorandum with more deal specific detail, including an update to the diligence process
and any changes in the structure and pricing of the proposed investment. Upon approval by a majority of the members of the Investment
Committee of the proposed investment as presented in the credit approval memorandum, it is expected that the Adviser&rsquo;s Chief
Executive Officer will review any amendments before finalizing and closing negotiations with respect to the proposed investment.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Investment Committee will be composed five individuals, including three individuals to be designated by East. The Investment Committee
is expected to initially consist of the following individuals:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Brian
    Collins, an East designee;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Allen F. Grum;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Adam Gusky, an East
    designee;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Scott Barfield,
    an East designee; and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Daniel P. Penberthy.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Brian
Collins</I> &ndash; Mr. Collins is a cofounder and the Managing Member of the Adviser and will serve on the Investment Committee.
He was previously the managing partner of The Collins Group, which was a private investment firm located in Boston, Massachusetts.
This company specialized in early stage equity and bridge financing. He has worked on the due diligence, deal structuring and
financing for several private equity deals in different industries including real estate, biotechnology, and manufacturing. He
also oversees a portfolio of companies in a variety of different industries, and has served on the boards of several of these
firms. Mr. Collins is also the managing member of a real estate-focused limited liability company, which owns and/or manages both
commercial and residential real estate. Mr. Collins earned his Master of Business Administration from Bentley University and his
Bachelor of Science degree from Lehigh University.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Allen
F. &ldquo;Pete&rdquo; Grum</I> &ndash; As an investment professional of the Adviser, Mr. Grum will be responsible, along with
Mr. Penberthy, for the day to day management of the Company&rsquo;s investment portfolio and will also serve on the Investment
Committee. Mr. Grum has served as President and Chief Executive Officer of the Company since 1996. Prior thereto, Mr. Grum served
as Senior Vice President of the Company commencing in June 1995. From 1994 to 1995, Mr. Grum was Executive Vice President of Hamilton
Financial Corporation and from 1991-1994 he served as Senior Vice President of Marine Midland Mortgage Corporation. Mr. Grum serves
on a number of Boards of Directors of companies in which the Company has an investment.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Adam
Gusky</I> &ndash; Mr. Gusky has been the Chief Investment Officer of East since its inception in 2010 and will serve on the Investment
Committee. During his tenure, East has underwritten over 100 private transactions and has invested in over 30 loan or preferred
equity transactions totaling over $200,000,000 of invested capital. Prior to joining East, Mr. Gusky worked for CNN/Sports Illustrated
and O2 Wireless Solutions. Mr. Gusky earned both his Master of Business Administration and his Bachelor of Arts degrees from Duke
University, and as an undergraduate was the captain of the Duke University Men&rsquo;s Tennis Team, which won three ACC Team Championships
during his years there.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Scott
Barfield</I> - Mr. Barfield currently serves as a Managing Director within BlueArc Mezzanine Partners, the mezzanine lending strategy
of BlueArc Capital Management. He is responsible for the origination, execution, monitoring, and realization of investments within
the fund and will serve on the Investment Committee. With more than 25 years of experience working with middle market companies,
Mr. Barfield has executed M&amp;A, capital raise, and principal investment transactions aggregating over $10 billion in value.
Prior to joining BlueArc Mezzanine Partners, Mr. Barfield was a Principal in the debt investment arm of H.I.G. Capital, a $20
billion private equity and debt investment firm. Prior to H.I.G. Capital, he was a Partner at Nancy Creek Capital, a mezzanine
debt fund focused on the lower middle market. At Nancy Creek Capital, Mr. Barfield raised institutional and high-net worth capital,
originated and executed on new debt and equity transactions, monitored the portfolio, served on company board of directors, and
guided the successful realization of investments. Prior to Nancy Creek Capital, Mr. Barfield worked within the Investment Banking
group of Wachovia Securities. Over 11 years at Wachovia Securities, he worked within various M&amp;A and debt capital market groups,
including private equity and mezzanine placement, high yield, investment grade senior notes, and origination. Prior to Wachovia
Securities, he began his career at Ernst &amp; Young, first within corporate tax consulting and then within the National Corporate
Finance practice. He has a B.S. in Business Administration and a Master of Accounting degree, both from the Kenan-Flagler Business
School at UNC &ndash; Chapel Hill. He received his CPA license in 1995 (inactive).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 95; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->85<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Daniel
P. Penberthy</I> &ndash; As an investment professional of the Adviser, Mr. Penberthy will be responsible, along with Mr. Grum,
for the day to day management of the Company&rsquo;s investment portfolio and will also serve on the Investment Committee. The
Adviser also expects to recommend that the Board appoint Mr. Penberthy as Chief Compliance Officer of the Company. Mr. Penberthy
has served as Treasurer of the Company since August 1997. Since January 2002, Mr. Penberthy has served as the Company&rsquo;s
Executive Vice President, and he has continued to serve as the Chief Financial Officer of the Company since 1997. Mr. Penberthy
has also previously served as the Company&rsquo;s Chief Compliance Officer. From 1993 to 1997, Mr. Penberthy served as Chief Financial
Officer for both the Greater Buffalo Partnership (formerly the Chamber of Commerce) and the Greater Buffalo Convention and Visitors
Bureau. Prior thereto, from 1990 to 1993, Mr. Penberthy was previously employed by Greater Buffalo Development Foundation and
KPMG.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="r_010"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Terms
of the Investment Management Agreement</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>The
following description is qualified in its entirety by reference to the form of Investment Management Agreement attached hereto
as <U>Appendix B</U>.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the terms of the Investment Management Agreement, the Adviser will manage the investment and reinvestment of our assets, and,
without limiting the generality of the foregoing:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">determine
    the composition of the portfolio of the Company, the nature and timing of the changes therein and the manner of implementing
    such changes;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">identify,
    evaluate and negotiate the structure of the investments made by the Company;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">execute,
    close, service and monitor the investments that the Company makes;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">determine
    the securities and other assets that the Company will purchase, retain or sell;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">perform
    due diligence on prospective portfolio companies and investments; and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vi)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">provide
    the Company with such other investment advisory, research and related services as the Company may, from time to time, reasonably
    require for the investment of its assets.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Adviser&rsquo;s services under the Investment Management Agreement are not exclusive, and it may furnish similar services to other
entities. In addition, subject to compliance with the requirements of the 1940 Act, the Adviser is authorized to enter into one
or more sub-advisory agreements with other investment advisors (each a &ldquo;<U>Sub-Advisor</U>&rdquo;), including for purposes
of recommending specific securities or other investments based upon the Company&rsquo;s investment objectives and policies, and
working, along with the Adviser, in structuring, negotiating, arranging or effecting the acquisition or disposition of investments
and monitoring investments on behalf of the Company. Under the terms of the Investment Management Agreement, the Adviser, and
not the Company, will be responsible for any compensation that is payable to any Sub-Adviser.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the Investment Management Agreement, the Company will pay the Adviser, as compensation for the investment advisory and management
services, fees consisting of two components: (i) the Base Management Fee and (ii) the Incentive Fee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="r_011"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Base
Management Fee</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Base Management Fee will be 1.50% of per annum of the Company&rsquo;s total assets (other than cash or cash equivalents but including
assets purchased with borrowed funds), determined according to procedures duly adopted by the Board.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 96; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->86<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
services rendered during the period commencing from the effective date of the Investment Management Agreement, through and including
the end of the first calendar quarter of the Company&rsquo;s operations after this effective date, the Base Management Fee will
be payable monthly in arrears. In addition, until the first calendar quarter of the Company&rsquo;s operations after the effective
date of the Investment Management Agreement, the Base Management Fee will be calculated based on the initial value of the Company&rsquo;s
total assets (other than cash or cash equivalents but including assets purchased with borrowed funds) after giving effect to the
contribution of the Contributed Investment Assets. Subsequently, the Base Management Fee will be calculated based on the average
value of the Company&rsquo;s total assets (other than cash or cash equivalents but including assets purchased with borrowed funds)
at the end of the two most recently completed calendar quarters. Base Management Fees for any partial month or quarter will be
appropriately prorated.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><A NAME="r_012"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Incentive
Fee</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Incentive Fee will be comprised of two parts: (1) the Income Based Fee and (2) the Capital Gains Fee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Income
Based Fee</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Income Based Fee will be calculated and payable quarterly in arrears based on the Pre-Incentive Fee Net Investment Income for
the immediately preceding calendar quarter and shall be payable promptly following the filing of the Company&rsquo;s financial
statements for such quarter.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
purposes of the Investment Management Agreement, Pre-Incentive Fee Net Investment Income is defined as interest income, dividend
income and any other income (including any other fees (other than fees for providing managerial assistance), such as commitment,
origination, structuring, diligence and consulting fees or other fees that the Company receives from portfolio companies) accrued
by the Company during the relevant calendar quarter, minus the Company&rsquo;s operating expenses for such calendar quarter (including
the Base Management Fee, expenses payable under the Administration Agreement, and any interest expense and dividends paid on any
issued and outstanding preferred stock, but excluding any portion of Incentive Fee).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-Incentive
Fee Net Investment Income includes any accretion of original issue discount, market discount, payment-in-kind interest, payment-in-kind
dividends or other types of deferred or accrued income, including in connection with zero coupon securities, that the Company
and its consolidated subsidiaries have recognized in accordance with GAAP, but have not yet received in cash (collectively, &ldquo;<U>Accrued
Unpaid Income</U>&rdquo;). Pre-Incentive Fee Net Investment Income does not include any realized capital gains, realized and unrealized
capital losses or unrealized capital appreciation or depreciation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-Incentive
Fee Net Investment Income, expressed as a rate of return on the value of the Company&rsquo;s net assets (defined as total assets
less indebtedness) at the end of the immediately preceding calendar quarter, will be compared to a &ldquo;hurdle rate&rdquo;,
expressed as a rate of return on the value of the Company&rsquo;s net assets at the end of the most recently completed calendar
quarter, of 1.75% per quarter (7% annualized). The Company will pay the Adviser an Incentive Fee with respect to the Company&rsquo;s
Pre-Incentive Fee Net Investment Income in each calendar quarter as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">no Income
    Based Fee in any quarter in which the Pre-Incentive Fee Net Investment Income for such quarter does not exceed the hurdle
    rate of 1.75% (7.00% annualized);</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">100% of the Pre-Incentive
    Fee Net Investment Income for any calendar quarter with respect to that portion of the Pre-Incentive Fee Net Investment Income
    for such calendar quarter, if any, that exceeds the hurdle rate of 1.75% (7.00% annualized) but is less than 2.1875% (8.75%
    annualized); and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">20% of the amount
    of the Pre-Incentive Fee Net Investment Income for any calendar quarter with respect to that portion of the Pre-Incentive
    Fee Net Investment Income for such calendar quarter, if any, that exceeds 2.1875% (8.75% annualized).</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">However,
the Income Based Fee paid to the Adviser for any calendar quarter that begins more than two years and three months after the effective
date of the Investment Management Agreement shall not be in excess of the Incentive Fee Cap. The &ldquo;<U>Incentive Fee Cap</U>&rdquo;
for any quarter is an amount equal to (1) 20.0% of the Cumulative Net Return (as defined below) during the relevant Income Based
Fee Calculation Period (as defined below) minus (2) the aggregate Income Based Fee that was paid in respect of the calendar quarters
included in the relevant Income Based Fee Calculation Period.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 97; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->87<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
purposes of the calculation of the Income Based Fee, &ldquo;<U>Income Based Fee Calculation Period</U>&rdquo; is defined as, with
reference to a calendar quarter, the period of time consisting of such calendar quarter and the additional quarters that comprise
the lesser of (1) the number of quarters immediately preceding such calendar quarter that began more than two years after the
effective date of the Investment Management Agreement or (2) the eleven calendar quarters immediately preceding such calendar
quarter.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
purposes of the calculation of the Income Based Fee, &ldquo;<U>Cumulative Net Return</U>&rdquo; is defined as (1) the aggregate
net investment income in respect of the relevant Income Based Fee Calculation Period minus (2) any Net Capital Loss, if any, in
respect of the relevant Income Based Fee Calculation Period. If, in any quarter, the Incentive Fee Cap is zero or a negative value,
the Company will pay no Income Based Fee to the Adviser for such quarter. If, in any quarter, the Incentive Fee Cap for such quarter
is a positive value but is less than the Income Based Fee that is payable to the Adviser for such quarter (before giving effect
to the Incentive Fee Cap) calculated as described above, the Company will pay an Income Based Fee to the Adviser equal to the
Incentive Fee Cap for such quarter. If, in any quarter, the Incentive Fee Cap for such quarter is equal to or greater than the
Income Based Fee that is payable to the Adviser for such quarter (before giving effect to the Incentive Fee Cap) calculated as
described above, the Company will pay an Income Based Fee to the Adviser equal to the Income Based Fee calculated as described
above for such quarter without regard to the Incentive Fee Cap.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
purposes of the calculation of the Income Based Fee, &ldquo;<U>Net Capital Loss</U>,&rdquo; in respect of a particular period,
means the difference, if positive, between (1) aggregate capital losses, whether realized or unrealized, in such period and (2)
aggregate capital gains, whether realized or unrealized, in such period.&#9;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Any
Income Based Fee otherwise payable under the Investment Management Agreement with respect to Accrued Unpaid Income (such fees
being the &ldquo;<U>Accrued Unpaid Income Based Fees</U>&rdquo;) shall be deferred, on a security by security basis, and shall
become payable to the Adviser only if, as, when and to the extent cash is received by the Company or its consolidated subsidiaries
in respect of any Accrued Unpaid Income. Any Accrued Unpaid Income that is subsequently reversed by the Company in connection
with a write-down, write-off, impairment or similar treatment of the investment giving rise to such Accrued Unpaid Income will,
in the applicable period of reversal, (1) reduce Pre-Incentive Fee Net Investment Income and (2) reduce the amount of Accrued
Unpaid Income Based Fees. Subsequent payments of Accrued Unpaid Income Based Fees deferred pursuant to this paragraph shall not
reduce the amounts otherwise payable for any quarter as an Income Based Fee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Capital
Gains Fee</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Capital Gains Fee will be determined and payable in arrears as of the end of each calendar year (or upon termination of the Investment
Management Agreement), commencing with the calendar year ending on December 31, 2019. Under the terms of the Investment Management
Agreement, the Capital Gains Fee is calculated at the end of each applicable year by subtracting (1) the sum of the Company&rsquo;s
cumulative aggregate realized capital losses and aggregate unrealized capital depreciation from (2) the Company&rsquo;s cumulative
aggregate realized capital gains, in each case calculated from the effective date of the Investment Management Agreement. If this
amount is positive at the end of any calendar year, then the Capital Gains Fee for such year is equal to 20.0% of such amount,
less the cumulative aggregate amount of Capital Gains Fees paid in all prior years. If such amount is negative, then there is
no Capital Gains Fee payable for that calendar year. If the Investment Management Agreement is terminated as of a date that is
not a calendar year end, the termination date shall be treated as though it were a calendar year end for purposes of calculating
and paying the Capital Gains Fee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
purposes of the Capital Gains Fee:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
<U>cumulative aggregate realized capital gains</U> are calculated as the sum of the differences, if positive, between (a) the
net sales price of each investment in the Company&rsquo;s portfolio when sold and (b) the accreted or amortized cost basis of
such investment.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
<U>cumulative aggregate realized capital losses</U> are calculated as the sum of the amounts by which (a) the net sales price
of each investment in the Company&rsquo;s portfolio when sold is less than (b) the accreted or amortized cost basis of such investment.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
<U>aggregate unrealized capital depreciation</U> is calculated as the sum of the differences, if negative, between (a) the valuation
of each investment in the Company&rsquo;s portfolio as of the applicable Capital Gains Fee calculation date and (b) the accreted
or amortized cost basis of such investment.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
accreted or amortized cost basis of an investment shall mean, with respect to an investment owned by the Company as of the effective
date of the Investment Management Agreement, the fair value of that investment as set forth in the Company&rsquo;s most recently
filed Quarterly Report on Form 10-Q or Annual Report on Form 10-K, as applicable, as filed with the SEC prior to the effective
date of the Investment Management Agreement and, with respect to an investment acquired by the Company subsequent to the effective
date of the Investment Management Agreement, the accreted or amortized cost basis of such investment as reflected in the Company&rsquo;s
financial statements.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="r_013"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Example
1: Income Based Fee Calculations:*</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Alternative
1</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Assumptions:</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investment
income (including interest, dividends, fees, etc.) = 1.25%</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Hurdle
rate<SUP>(1)</SUP> = 1.75%</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Base
Management Fee<SUP>(2)</SUP> = 0.375%</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other
expenses (legal, accounting, transfer agent, etc.) = 0.20%</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-Incentive
Fee Net Investment Income (investment income &ndash; (Base Management Fee + other expenses)) = 0.675%</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-Incentive
Fee Net Investment Income does not exceed the hurdle rate, therefore there is no Income Based Fee is payable for the calendar
quarter.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Alternative
2</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Assumptions:</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.75in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investment
income (including interest, dividends, fees, etc.) = 2.70%</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Hurdle
rate<SUP>(1)</SUP> = 1.75%</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Base
Management Fee<SUP>(2)</SUP> = 0.375%</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other
expenses (legal, accounting, transfer agent, etc.) = 0.20%</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-Incentive
Fee Net Investment Income (investment income &ndash; (Base Management Fee + other expenses)) = 2.125%</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Income
Based Fee (subject to &ldquo;catch up&rdquo;)<SUP>(3)</SUP> = 100.00% &times; (2.125% &ndash; 1.75%) = 0.375%</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-Incentive
Fee Net Investment Income exceeds the hurdle rate, but does not fully satisfy the &ldquo;catch-up&rdquo; provision, therefore
the Income Based Fee payable for the calendar quarter is 0.375%.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>


<!-- Field: Page; Sequence: 98; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->88<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Alternative
3</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Assumptions:</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.75in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investment
income (including interest, dividends, fees, etc.) = 3.50%</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Hurdle
rate<SUP>(1)</SUP> = 1.75%</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Base
Management Fee<SUP>(2)</SUP> = 0.375%</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other
expenses (legal, accounting, transfer agent, etc.) = 0.20%</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.75in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-Incentive
Fee Net Investment Income (investment income &ndash; (management fee + other expenses)) = 2.925%</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Income
Based Fee (subject to &ldquo;catch up&rdquo;)<SUP>(3)</SUP> = 100.00% &times; &ldquo;catch-up&rdquo; + (20.00% &times; (Pre-Incentive
Fee Net Investment Income above 2.1875%))</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Catch-up
= 2.1875% &ndash; 1.75% = 0.4375%</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Income
Based Fee = (100.00% &times; .4375%) + (20.00% &times; (2.925% &ndash; 2.1875%))</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">=
0.4375% + (20.00% &times; 0.7375%)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">=
0.4375% + 0.1475%</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">=
0.585%</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.75in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-Incentive
Fee Net Investment Income exceeds the hurdle rate, and fully satisfies the &ldquo;catch-up&rdquo; provision, therefore the Income
Based Fee payable for the calendar quarter is 0.585%.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.15pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*
For ease of review, (i) the hypothetical amounts of Pre-Incentive Fee Net Investment Income, investment income, Base Management
Fee, other expenses, and Income Based Fee are each expressed as a percentage of total assets, though as described in greater detail
above, each of these amounts will be calculated as a numerical dollar amount as set forth in the Investment Management Agreement,
(ii) the hypothetical amount of the Base Management Fee is assumed to be consistent from quarter to quarter, and (iii) these examples
each assume that the Incentive Fee Cap (as described above) is not yet in effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Represents
    7.00% annualized hurdle rate.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Represents
    1.50% annualized Base Management Fee.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    &ldquo;catch-up&rdquo; provision is intended to provide the Adviser with an Income Based Fee of 20.00% on all Pre-Incentive
    Fee Net Investment Income as if a hurdle rate did not apply when the Company&rsquo;s Pre-Incentive Net Investment Income exceeds
    1.75% in any calendar quarter.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="r_014"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Example
2: Capital Gains Fee Calculations:</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Alternative
1</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Assumptions:</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Year
1: $20.0 million investment made in Company A (&ldquo;<U>Investment A</U>&rdquo;), and $30.0 million investment made in Company
B (&ldquo;<U>Investment B</U>&rdquo;)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Year
2: Investment A sold for $50.0 million and fair market value (&ldquo;<U>FMV</U>&rdquo;) of Investment B determined to be $32.0
million</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Year
3: FMV of Investment B determined to be $25.0 million</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Year
4: Investment B sold for $31.0 million</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 99; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->89<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Capital Gains Fees, if any, would be calculated as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Year
1: None</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Year
2: Capital Gains Fee of $6.0 million &mdash; ($30.0 million realized capital gains on sale of Investment A multiplied by 20.0%)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Year
3: None &mdash; $5.0 million (20.0% multiplied by ($30.0 million cumulative capital gains less $5.0 million cumulative capital
depreciation)) less $6.0 million (previous Capital Gains Fee paid in Year 2)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Year
4: Capital Gains Fee of $0.2 million &mdash; $6.2 million ($31.0 million cumulative realized capital gains multiplied by 20.0%)
less $6.0 million (Capital Gains Fee taken in Year 2)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Alternative
2</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Assumptions:</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Year
1: $20.0 million investment made in Company A (&ldquo;<U>Investment A</U>&rdquo;), $30.0 million investment made in Company B
(&ldquo;<U>Investment B</U>&rdquo;) and $25.0 million investment made in Company C (&ldquo;<U>Investment C</U>&rdquo;)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Year
2: Investment A sold for $50.0 million, FMV of Investment B determined to be $25.0 million and FMV of Investment C determined
to be $25.0 million</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Year
3: FMV of Investment B determined to be $27.0 million and Investment C sold for $30.0 million</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Year
4: FMV of Investment B determined to be $35.0 million</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Year
5: Investment B sold for $20.0 million</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Capital Gains Fees, if any, would be calculated as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Year
1: None</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Year
2: $5.0 million Capital Gains Fee &mdash; 20.0% multiplied by $25.0 million ($30.0 million realized capital gains on Investment
A less $5.0 million unrealized capital depreciation on Investment B)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Year
3: $1.4 million Capital Gains Fee &mdash; $6.4 million (20.0% multiplied by $32.0 million ($35.0 million cumulative realized capital
gains less $3.0 million unrealized capital depreciation)) less $5.0 million Capital Gains Fee received in Year 2</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Year
4: $0.6 million Capital Gains Fee &mdash; $7.0 million (20.0% multiplied by $35.0 million cumulative realized capital gains) less
cumulative $6.4 million Capital Gains Fee received in Year 2 and Year 3</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Year
5: None &mdash; $5.0 million (20.0% multiplied by $25.0 million (cumulative realized capital gains of $35.0 million less realized
capital losses of $10.0 million)) less $7.0 million cumulative Capital Gains Fee paid in Year 2, Year 3 and Year 4</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 100; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->90<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><A NAME="r_015"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-style: normal">Payment
of Expenses</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-style: normal">&nbsp;</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">Under
the terms of Investment Management Agreement, all investment professionals of the Adviser and its staff, when and to the extent
engaged in providing investment advisory services for the Company, and the compensation of such personnel and the general office
and facilities and overhead expenses incurred by the Adviser in maintaining its place of business allocable to these services,
will be provided and paid for by the Adviser and not by the Company. The Company will bear all other costs and expenses of its
operations and transactions, including those relating to:</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">organization;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">calculating
    the Company&rsquo;s NAV (including the cost and expenses of any independent valuation firm);</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">expenses
    incurred by the Adviser payable to third parties, including agents, consultants or other advisors, in monitoring financial
    and legal affairs for the Company and in monitoring the Company&rsquo;s investments and performing due diligence on its prospective
    portfolio companies;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">interest
    payable on debt, if any, incurred to finance the Company&rsquo;s investments;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">offerings
    of the Company&rsquo;s Common Stock and other securities;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vi)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">investment
    advisory and management fees payable under the Investment Management Agreement, but excluding any fees payable to any Sub-Adviser;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">administration
    fees payable under the Administration Agreement;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(viii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">transfer
    agent and custodial fees;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ix)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">federal
    and state registration fees;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(x)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">all
    costs of registration and listing the Company&rsquo;s shares on any securities exchange;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(xi)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">federal,
    state and local taxes;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(xii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">independent
    directors&rsquo; fees and expenses;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(xiii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">costs
    of preparing and filing reports or other documents required by governmental bodies (including the SEC);</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(xiv)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">costs
    of any reports, proxy statements or other notices to shareholders, including printing costs;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(xv)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Company&rsquo;s allocable portion of the fidelity bond, directors and officers/errors and omissions liability insurance, and
    any other insurance premiums;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(xvi)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">direct
    costs and expenses of administration, including independent auditors and outside legal costs; and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(xvii)</FONT></TD>
    <TD STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">all
    other expenses incurred by the Company or the Adviser in connection with administering the Company&rsquo;s business (including
    payments under the Administration Agreement based upon the Company&rsquo;s allocable portion of the Advisor&rsquo;s overhead
    in performing its obligations under the Administration Agreement, including rent and the allocable portion of the cost of
    the Company&rsquo;s chief financial officer and chief compliance officer and their respective staffs (including travel expenses))</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 101; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->91<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="r_016"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Indemnification
under the Investment Management Agreement</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Investment Management Agreement provides that, absent willful misfeasance, bad faith or gross negligence in the performance of
its duties or by reason of the reckless disregard of its duties and obligations, the Adviser, its members and their respective
officers, managers, partners, agents, employees, controlling persons, members and any other person affiliated with any of them
(collectively, the &ldquo;<U>Indemnified Parties</U>&rdquo;), are entitled to indemnification from the Company for any damages,
liabilities, costs and expenses (including reasonable attorneys&rsquo; fees and amounts reasonably paid in settlement) incurred
by the Indemnified Parties in or by reason of any pending, threatened or completed action, suit, investigation or other proceeding
(including an action or suit by or in the right of the Company or its security holders) arising out of or otherwise based upon
the performance of any of the Adviser&rsquo;s duties or obligations under the Investment Management Agreement or otherwise as
an investment adviser of the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><A NAME="r_017"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Duration
and Termination of Investment Management Agreement</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Investment Management Agreement will remain in effect for two years after the date it is signed. Thereafter, it will continue
to renew automatically for successive annual periods so long as such continuance is specifically approved at least annually by:
(i) the vote of the Board, or by the vote of Shareholders holding a majority of the outstanding voting securities of the Company;
and (ii) the vote of a majority of the Company&rsquo;s independent directors, in either case, in accordance with the requirements
of the 1940 Act. The Investment Management Agreement may be terminated at any time, without the payment of any penalty, upon sixty
(60) days&rsquo; written notice, by: (a) by vote of a majority of the Board or by vote of a majority of the outstanding voting
securities of the Company (as defined in the 1940 Act); or (b) the Adviser. Furthermore, the Investment Management Agreement will
automatically terminate in the event of its &ldquo;assignment&rdquo; (as such term is defined for purposes of Section 15(a)(4)
of the 1940 Act).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notwithstanding
the termination or expiration of the Investment Management Agreement, the Adviser will be entitled to any amounts owed as payment
of the Base Management Fees and the Incentive Fees through the date of termination or expiration.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><A NAME="r_018"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Terms
of the Administration Agreement</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>The
following description is qualified in its entirety by reference to the form of Administration Agreement attached hereto as <U>Appendix
C</U>.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
connection with the Closing, the Company will enter into an Administration Agreement with the Adviser. Under the terms of the
Administration Agreement, the Adviser has agreed to perform (or oversee, or arrange for, the performance of) the administrative
services necessary for the operation of the Company, including, but not limited to, office facilities, equipment, clerical, bookkeeping,
finance, accounting, compliance and record keeping services at such office facilities and such other services as the Adviser,
subject to review by the Board, will from time to time determine to be necessary or useful to perform its obligations under the
Administration Agreement. The Adviser shall also, on behalf of the Company, arrange for the services of, and oversee, custodians,
depositories, transfer agents, dividend disbursing agents, other shareholder servicing agents, accountants, attorneys, underwriters,
brokers and dealers, corporate fiduciaries, insurers, banks and such other persons in any such other capacity deemed to be necessary
or desirable. The Adviser will make reports to the Board regarding its performance of the obligations under the Administration
Agreement and furnish advice and recommendations with respect to such other aspects of the business and affairs of the Company
as it will determine to be desirable.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Adviser shall be responsible for the financial and other records that the Company is required to maintain and shall prepare all
reports and other materials required to be filed with the SEC or any other regulatory authority, including reports to Shareholders.
In addition, the Adviser will assist the Company in determining and publishing the Company&rsquo;s NAV, overseeing the preparation
and filing of the Company&rsquo;s tax returns, and the printing and dissemination of reports to Shareholders, and generally overseeing
the payment of the Company&rsquo;s expenses and the performance of administrative and professional services rendered to the Company
by others. The Administrator will provide on the Company&rsquo;s behalf significant managerial assistance to those portfolio companies
to which the Company is required to provide such assistance.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 102; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->92<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
full consideration of the provision of the services of the Adviser, the Company shall reimburse the Adviser for the costs and
expenses incurred by the Adviser in performing its obligations and providing personnel and facilities thereunder. Costs and expenses
to be borne by the Company will include those relating to: organization; calculating NAV (including the cost and expenses of any
independent valuation firm); expenses incurred by the Administrator payable to third parties, including agents, consultants or
other advisors, in monitoring financial and legal affairs for the Company and in monitoring the Company&rsquo;s investments and
performing due diligence on its prospective portfolio companies; interest payable on debt, if any, incurred to finance the Company&rsquo;s
investments; offerings of Common Stock and other securities by the Company; investment advisory and management fees (other than
fees (if any) payable to a sub-advisor retained by the Adviser under the Investment Management Agreement); administration fees;
transfer agent and custodial fees; federal and state registration fees; all costs of registration and listing the Common Stock
on any securities exchange; federal, state, local and other taxes; independent directors&rsquo; fees and expenses; costs of preparing
and filing reports or other documents required by governmental bodies (including the SEC); costs of any reports, proxy statements
or other notices to Shareholders, including printing costs; the Company&rsquo;s allocable portion of the fidelity bond, directors
and officers/errors and omissions liability insurance, and any other insurance premiums; direct costs and expenses of administration,
including independent auditors and outside legal costs; and all other expenses incurred by the Company or the Adviser in connection
with administering the Company&rsquo;s business, including payments under the Administration Agreement based upon the Company&rsquo;s
allocable portion of the Adviser&rsquo;s overhead in performing its obligations under the Administration Agreement, including
rent (if office space is provided by the Adviser) and the allocable portion of the cost of the Company&rsquo;s chief financial
officer and chief compliance officer and their respective staffs (including travel expenses).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Administration Agreement will commence on the same date as the Investment Management Agreement and remain in effect for two years,
and thereafter will continue automatically for successive annual periods so long as such continuance is specifically approved
at least annually by the Board, including a majority of the independent directors. The Administration Agreement may be terminated
at any time, without the payment of any penalty, by vote of the directors of the Company, or by the Adviser, upon 60 days&rsquo;
written notice to the other party. The Administration Agreement may not be assigned by a party without the consent of the other
party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><A NAME="r_019"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Board
Approval of the Investment Management Agreement</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">At
the in person meeting of the Board held on January 24, 2019, the Board, including all of the independent directors, unanimously
approved the Investment Management Agreement. The Board, including the independent directors, met on multiple occasions in connection
with their review of the Investment Management Agreement and the Externalization Transaction. In reaching its decision to approve
the Investment Management Agreement, the Board, including all of the independent directors, reviewed a significant amount of information,
which had been furnished by the Adviser at the request of the Board. In reaching a decision to approve the Investment Management
Agreement, the Board considered, among other things:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.5in; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    nature, quality and extent of the advisory and other services to be provided to the Company by the Adviser;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">comparative
    data with respect to advisory fees or similar expenses paid by other BDCs with similar investment objectives;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    Company&rsquo;s projected operating expenses and expense ratio compared to BDCs with similar investment objectives;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    absence of any known potential future sources of indirect income to the Adviser from its relationships with the Company;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">information
    about the services to be performed and the personnel performing such services under the Investment Management Agreement;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    organizational capability and financial condition of the Adviser and its affiliates; and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
    possibility of obtaining similar services from other third-party service providers or continuing to obtain such services through
    an internally managed structure.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 103; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->93<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><A NAME="r_020"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Nature,
Extent and Quality of Services to be Provided</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Board considered the Adviser&rsquo;s expected responsibilities under the Investment Management Agreement, which would consist
of its involvement in all aspects of the day-to-day investment management of the Company. <FONT STYLE="background-color: white">In
considering the nature, extent and quality of the investment management services proposed to be provided by the Adviser, the Board
noted that it had previously reviewed the written responses of the Adviser to inquiries from counsel on behalf of the Board, which
included, among other things, information about the background and experience of its management, investment professionals and
members of the Investment Committee. Even though the Adviser is newly formed, the Board considered information regarding the background
and experience of the members of the Investment Committee as indicative of the quality of investment management services expected
to be provided to the Company.</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">The
Board discussed the Adviser&rsquo;s proposed approach to the investment process, including its intended focus on investment in
debt securities, consisting primarily of debt securities of middle-market companies, in the form of senior secured, second lien
secured, subordinated and mezzanine loans as well as unitranche facilities and in preferred equity securities. In connection with
the investment advisory services proposed to be provided, the Board considered the additional transaction sourcing </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">opportunities
that the Adviser and the Investment Committee are expected to make available, including an increased deal pipeline by geography,
size and investment type, the enhanced analytical and operational capabilities of the Adviser and its affiliates that are expected
to be utilized, and the rigorous approach to due diligence and structuring under the Adviser&rsquo;s proposed investment decision
making process in order to select investments with the most attractive risk and reward characteristics. The Board also considered
other investment management services to be provided to the Company, such as the provision of managerial assistance to portfolio
companies and monitoring adherence to the Company&rsquo;s restrictions under the 1940 Act. Based on the factors above, as well
as those discussed below, the Board concluded that it was satisfied with the nature, extent and quality of the services to be
provided to the Company by the Adviser.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><A NAME="r_021"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Expected
Costs of Services Provided and Economies of Scale; Anticipated Profitability</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Board considered the costs the Company is expected to incur after entry into the Investment Management Agreement based on information
provided by the Adviser. The Board focused on the various estimated pro forma asset-to-expense ratios of the Company (assuming
the contribution by East of the Contributed Investment Assets) and the benchmark thereof against a peer group of BDCs. Company
Management noted to the Board that in all such cases the Company&rsquo;s estimated pro forma asset-to-expense ratios were significantly
below the average of the peer group.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Board considered the extent to which economies of scale may be realized if the Company grows. The Board noted that economies of
scale are difficult to generate now or in the near future given the Company&rsquo;s current small size.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Board also reviewed information from the Adviser regarding the anticipated profitability to the Adviser from its relationship
with the Company, noting that the Adviser does not expect to earn any material level of profit from its relationship with the
Company or to derive any material indirect benefits from its relationship with the Company. The Board also took into account the
fact that the Adviser will provide certain administrative services to the Company, pursuant to the Administration Agreement, and
that the Company would reimburse the Adviser at cost for the allocable portion of overhead and other expenses incurred by the
Adviser in performing its obligations under the Administration Agreement. Based on its review and evaluation of the information
provided, the Board concluded, within the context of its overall determinations regarding the Investment Management Agreement,
that the Adviser&rsquo;s expected profitability supported the Board&rsquo;s decision to approve the Investment Management Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><A NAME="r_022"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investment
Performance</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">As
a newly formed entity, the Adviser did not provide any information regarding its investment performance, as such information does
not exist. However, even though this investment performance information was not available, the Company gained comfort on past
performance based on the significant investment experience held by each of the members of the Investment Committee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 104; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->94<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><A NAME="r_023"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Comparison
of Management Fee and Expense Ratio to Other Business Development Companies</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Board reviewed and considered comparative data with respect to the expense ratios and the amount and structure of the expenses
paid by the Company&rsquo;s peer group. As a general matter, the Board noted that the proposed fee structure under the Investment
Management Agreement was generally consistent with the fee structure used by peer BDC firms under their respective investment
management agreements. Specifically, the Board noted that the Base Management Fee of 1.50% per annum would be below the median
of base management fees charged in the peer group. They also noted that the exclusion of cash and cash equivalents from the calculation
of the Base Management Fee is more beneficial to Shareholders than certain other management fee structures in the peer group.
The Board then noted that the 7% hurdle rate relating to the Income Based Fee and the other thresholds used in the Income Based
Fee were generally consistent with the income based fee structure used by the peer group. The Board also discussed the fact that
the Income Based Fee included certain other features that were favorable for Shareholders, such as the three-year look-back feature
relating to the Income Based Fee, which would be used for the quarter that begins more than two years and three months after the
effective date of the Investment Management Agreement, the Incentive Fee Cap feature, and the Accrued Unpaid Income Based Fee
feature whereby the Company will only be required to make cash payments to the Adviser with respect to Accrued Unpaid Income to
the extent cash is received by the Company. With respect to the Capital Gains Fee, the Board noted that a rate of 20.0% was consistent
with the rate used by the peer group. See &ldquo;Proposal 3 &ndash; Approval of the Investment Management Agreement &ndash; Incentive
Fee&rdquo; for more information.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">As
the Adviser is a newly formed entity with no other current clients, the Board was unable to compare the services to be rendered
and fees to be charged under the Investment Management Agreement with those services rendered and fees charged to other clients.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Based
on the information reviewed and the considerations detailed above, the Board, including the independent directors, concluded that
the fee and expense structure is fair and reasonable in relation to the services to be provided under the Investment Management
Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><A NAME="r_024"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Experience
of Management Team and Personnel</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Board discussed the experience of the members of the Investment Committee, other than the current members of Company Management.
The Board observed that each such member of the Investment Committee had substantial significant investment experience and each
had a skill set that they expected to enhance the investment decision making process for the Adviser. With respect to the members
of Company Management who will serve on the Investment Committee, the Board noted that they were already well aware of their substantial
capabilities and felt that having existing Company Management become employees of the Adviser would provide further support and
stability to the investment making process, which they expected to be beneficial for Shareholders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><A NAME="r_025"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Conclusion</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No
single factor was determinative of the decision of the Board, including all of the independent directors, to approve the Investment
Management Agreement and individual directors may have weighed certain factors differently. Following this process, the Board,
including all of the independent directors, unanimously voted to approve the Investment Management Agreement subject to Shareholder
approval.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><A NAME="r_026"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Required
Vote</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Approval
of the Investment Management Agreement Proposal requires the affirmative vote of holders of a &ldquo;majority of the outstanding
voting securities&rdquo; as defined in the 1940 Act, of the outstanding shares of Common Stock of the Company. Under the 1940
Act, the vote of holders of a &ldquo;majority of the outstanding voting securities&rdquo; means the vote of the holders of the
lesser of (a) 67% or more of the voting securities present or represented by proxy at the special meeting if the holders of more
than 50% of the voting securities are present or represented by proxy or (b) more than 50% of the outstanding voting securities.
Abstentions and broker non-votes will have the same effect as a vote &ldquo;AGAINST&rdquo; Proposal 3.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The
Board unanimously recommends that you vote &ldquo;FOR&rdquo; the Investment Management Agreement Proposal.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>


<!-- Field: Page; Sequence: 105; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->95<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><A NAME="r_027"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">PROPOSAL
4 &ndash; Certificate of Incorporation Amendment Proposal</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="r_028"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Background
and Purpose of the Proposal</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
are seeking Shareholder approval of Certificate of Incorporation Amendment Proposal to approve the Amendment to the Certificate
of Incorporation of the Company, which is attached as <U>Appendix E</U>, to increase the number of shares of Common Stock that
the Company is authorized to issue. The Amendment would increase the aggregate number of authorized shares of Common Stock from
10,000,000 shares of Common Stock to 100,000,000 shares of Common Stock, which would permit the Company to complete the Stock
Purchase Transaction. On January 24, 2019, the Board unanimously approved the Amendment following the Board&rsquo;s unanimous
determination that approval of the Amendment was advisable and in the best interests of the Company and the Shareholders, and
resolved to submit the Certificate of Incorporation Amendment Proposal to the Shareholders for consideration and approval. The
material effects of the Amendment are described below. Section 803 of the BCL provides that any amendment or change of the certificate
of incorporation of a New York corporation may be authorized by vote of the board, followed by vote of a majority of all outstanding
shares entitled to vote thereon at a meeting of Shareholders. The Certificate of Incorporation does not provide holders of Common
Stock with any preemptive rights.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Such
description does not purport to describe all of the terms of the Amendment and is qualified in its entirety by the complete text
thereof. We urge you to read the full text of the Amendment.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
approval by the Shareholders of the Certificate of Incorporation Amendment Proposal is a condition to consummating the Stock Purchase
Transaction contemplated by the Stock Purchase Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="r_029"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Effects
of the Amendment</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Increasing
the authorized shares of Common Stock from 10 million shares of Common Stock to 100 million shares of Common Stock will allow
the Board to issue Common Stock in the Stock Purchase Transaction, while still retaining flexibility to issue additional shares
of Common Stock to raise capital, to effect stock splits or stock dividends, including under the stock portion of the intended
Special Dividend, to provide employee stock incentive compensation or implement other stock ownership plans, to the extent permitted
by applicable law, and to consummate acquisitions and to engage in other types of capital or strategic transactions as the Board
may determine to be advisable and in the best interests of the Company and the Shareholders. Other than pursuant to the Stock
Purchase Agreement and the intended Stock Dividend, we have no current expectation, plan, agreement or arrangement for the issuance
of any shares of Common Stock in connection with any such transaction or contractual commitment at this time. Nonetheless, the
Board believes that having additional shares of Common Stock available for issuance without delay will be beneficial by providing
us with the flexibility to respond to future financing or other business opportunities and needs when and if they arise.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Board has not proposed the increase in the amount of authorized shares of Common Stock with the intention of discouraging tender
offers or takeover attempts of the Company. However, the availability of additional authorized shares for issuance could render
more difficult or discourage a merger, tender offer, proxy contest or other attempt to obtain control of the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
the Certificate of Incorporation Amendment Proposal is approved and the Amendment is adopted, the increase in our authorized shares
of Common Stock will not, by itself, have any effect on the rights of holders of presently issued and outstanding shares of our
Common Stock. However, the actual issuance of additional shares of our Common Stock under the Stock Purchase Transaction will
increase the number of shares outstanding, which will have a dilutive effect on NAV per share and will negatively affect the voting
power of the present holders of our Common Stock.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><A NAME="r_030"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Vote
Required and Board Recommendation</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Approval
of the Certificate of Incorporation Amendment Proposal requires the affirmative vote of a majority of the holders of the outstanding
shares of Common Stock. Abstentions and broker non-votes will have the same effect as a vote &ldquo;AGAINST&rdquo; the Certificate
of Incorporation Amendment Proposal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The
Board unanimously recommends that you vote &ldquo;FOR&rdquo; the Certificate of Incorporation Amendment Proposal.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>&nbsp;</B></FONT></P>


<!-- Field: Page; Sequence: 106; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->96<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><A NAME="r_031"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">PROPOSAL
5 &ndash; ADJOURNMENT OF THE SPECIAL MEETING</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
are asking you to approve a proposal to adjourn the special meeting to a later date or dates, if necessary or appropriate, to
solicit additional proxies if there are insufficient votes at the time of the special meeting to approve (i) the Sale Below NAV
Proposal, (ii) the Nasdaq Proposal, (iii) the Investment Management Agreement Proposal or (iv) the Certificate of Incorporation
Amendment Proposal. If our Shareholders approve the Adjournment Proposal, we could adjourn the special meeting and any subsequent,
adjourned meeting of Shareholders and use the additional time to solicit required proxies, including proxies from Shareholders
who previously may have returned properly executed proxies voting against (i) the Sale Below NAV Proposal, (ii) the Nasdaq Proposal,
(iii) the Investment Management Agreement Proposal, or (iv) the Certificate of Incorporation Amendment Proposal. Among other things,
approval of the Adjournment Proposal could mean that, even if we receive proxies, in connection with the special meeting, that
represent a sufficient number of votes against (i) the Sale Below NAV Proposal, (ii) the Nasdaq Proposal, (iii) the Investment
Management Agreement Proposal or (iv) the Certificate of Incorporation Amendment Proposal, such that (i) the Sale Below NAV Proposal,
(ii) the Nasdaq Proposal, (iii) the Investment Management Agreement Proposal or (iv) the Certificate of Incorporation Amendment
Proposal, as the case may be, would be rejected, we could adjourn the special meeting without a vote on (i) the Sale Below NAV
Proposal, (ii) the Nasdaq Proposal, (iii) the Investment Management Agreement Proposal or (iv) the Certificate of Incorporation
Amendment Proposal, as the case may be, and seek to convince the holders of Common Stock who provided such proxies to change their
votes to votes in favor of (i) the Sale Below NAV Proposal, (ii) the Nasdaq Proposal, (iii) the Investment Management Agreement
Proposal or (iv) the Certificate of Incorporation Amendment Proposal. Additionally, the presiding officer of the special meeting
may adjourn the special meeting in his or her discretion under the terms of our by-laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Approval
of the Adjournment Proposal requires the affirmative vote of the holders of a majority of shares of Common Stock present in person
or represented by proxy and entitled to vote on the matter. Abstentions will have the same effect as a vote &ldquo;AGAINST&rdquo;
the Adjournment Proposal and broker non-votes will have no effect on the vote for the Adjournment Proposal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The
Board unanimously recommends that you vote &ldquo;FOR&rdquo; the Adjournment Proposal.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>


<!-- Field: Page; Sequence: 107; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->97<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><A NAME="r_032"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">FAILURE
TO OBTAIN SHAREHOLDER APPROVAL</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the terms of the Stock Purchase Agreement, if we fail to obtain the requisite Shareholder vote approving (i) the Sale Below NAV
Proposal, (ii) the Nasdaq Proposal, (iii) the Investment Management Agreement Proposal or (iv) the Certificate of Incorporation
Amendment Proposal, neither of the Transactions will be consummated. For more information regarding the actions we intend to take
in the event of a negative vote by the Shareholders on (i) the Sale Below NAV Proposal, (ii) the Nasdaq Proposal, (iii) the Investment
Management Agreement Proposal or (iv) the Certificate of Incorporation Amendment Proposal, please see the sections of this proxy
statement captioned &ldquo;The Stock Purchase Transaction &ndash; Effect on the Company if the Stock Purchase Transaction Is Not
Completed&rdquo; and &ldquo;Proposal 3 &ndash; Approval of the Investment Management Agreement &ndash; Effect on the Company if
the Externalization Transaction is Not Completed.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><A NAME="r_033"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">HOUSEHOLDING
OF SPECIAL MEETING MATERIALS</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SEC
rules permit companies and intermediaries such as brokers to satisfy delivery requirements for proxy statements and notices with
respect to two or more Shareholders sharing the same address by delivering a single proxy statement or a single notice addressed
to those Shareholders. This process, which is commonly referred to as &ldquo;householding,&rdquo; provides cost savings for companies.
Some brokers household proxy materials, delivering a single proxy statement or notice to multiple Shareholders sharing an address
unless contrary instructions have been received from the affected Shareholders. Once you have received notice from your broker
that they will be householding materials to your address, householding will continue until you are notified otherwise or until
you revoke your consent. If, at any time, you no longer wish to participate in householding and would prefer to receive a separate
proxy statement or notice, or if your household is receiving multiple copies of these documents and you wish to request that future
deliveries be limited to a single copy, please notify your broker. You can also request prompt delivery of a copy of this proxy
statement by contacting Rand Capital Corporation, 2200 Rand Building, Buffalo, New York 14203.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><A NAME="r_034"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">OTHER
MATTERS</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><A NAME="r_035"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shareholder
Proposals</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">Shareholder
proposals intended to be presented at the 2019 annual meeting of Shareholders and to be considered for inclusion in Company&rsquo;s
proxy statement and form of proxy for that meeting must have been received at the Company&rsquo;s offices not later than November
16, 2018. The Company&rsquo;s by-laws provide that no business may be brought before an annual meeting of Shareholders unless
it is specified in the notice of the meeting or is otherwise brought before the meeting by the Board or by a Shareholder entitled
to vote who has delivered notice to the Company (containing the information specified in the Company&rsquo;s by-laws) not later
than 90 days nor more than 120 days in advance of the anniversary date of the prior year&rsquo;s annual meeting of Shareholders.
These requirements are separate from and in addition to the SEC&rsquo;s requirements that a Shareholder must meet in order to
have a Shareholder proposal included in the Company&rsquo;s proxy statement for the annual meeting of Shareholders. A Shareholder
that wished to submit a proposal for consideration at the 2019 annual meeting of Shareholders, which was not submitted for inclusion
in the proxy statement, should have done so between December 18, 2018 and January 17, 2019. In addition, under the Company&rsquo;s
by-laws, nominations for director may be made only by the Board, by the Nominating Committee, or by a Shareholder entitled to
vote who has delivered written notice to the Company (containing the information specified in the Company&rsquo;s by-laws) not
later than 90 days nor more than 120 days in advance of the anniversary date of the prior year&rsquo;s annual meeting of Shareholders
(i.e. between December 18, 2018 and January 17, 2019).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">We
have not yet set a date for our 2019 annual meeting of Shareholders. Once the date for the 2019 annual meeting of Shareholders
is determined, we will inform our Shareholders of the date and, if the date of our 2019 annual meeting of Shareholders is changed
by more than 30 days from April 17, 2019, the new dates for submitting Shareholder proposals.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 108; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->98<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT>&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><A NAME="r_036"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Proxy
Solicitation Costs and Expenses</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
will bear all costs of soliciting proxies for the special meeting. We estimate that we will pay Alliance Advisors, LLC, our proxy
solicitor, a fee of approximately $9,000 to solicit proxies, plus we will reimburse Alliance Advisors, LLC for all out-of-pocket
expenses that they incur, though the cost of this proxy solicitation process could be lower or higher than our estimate. We may
also reimburse brokers, nominees, fiduciaries and other custodians their reasonable fees and expenses for sending proxy materials
to beneficial owners and obtaining their instructions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><A NAME="r_037"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other
Business</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">According
to our by-laws, no matters may properly be brought before the special meeting, except as specified in the Notice of the Special
Meeting.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Whether
or not you expect to attend the special meeting, please complete, date, sign and promptly return the accompanying proxy card so
that you may be represented at the special meeting.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><A NAME="r_038"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHERE
YOU CAN FIND MORE INFORMATION</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
file annual, quarterly and current reports, proxy statements and other information with the SEC. The SEC maintains an Internet
site that contains annual, quarterly and current reports, proxy statements and other information filed with the SEC. Such filings
are available at www.sec.gov.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">You
may obtain any of the documents we file with the SEC, without charge, by requesting them in writing from us at the following address:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Rand
Capital Corporation</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>2200
Rand Building</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Buffalo,
New York 14203</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
you would like to request documents from us, please do so as soon as possible, to receive them before the special meeting. Please
note that the documents that we file with the SEC are also available through the Investor section of our website, www.randcapital.com.
The information included on our website is not incorporated by reference into this proxy statement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
you have any questions concerning the Stock Purchase Transaction, the Stock Purchase Agreement, the Externalization Transaction,
the Investment Management Agreement, the special meeting or the accompanying proxy statement, would like additional copies of
the accompanying proxy statement or need help voting your shares of Common Stock, please contact Alliance Advisors, LLC:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Call
Toll-Free: (844) 853-0931</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">200
Broadacres Drive, 3<SUP>rd</SUP> Floor</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Bloomfield,
NJ 07003</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><A NAME="r_039"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">MISCELLANEOUS</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
have supplied all information relating to us, and East and the Adviser, as the case may be, have supplied, and we have not independently
verified, all of the information relating to East or the Adviser, contained in this proxy statement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">You
should rely only on the information contained in this proxy statement and the appendices to this proxy statement. We have not
authorized anyone to provide you with information that is different from what is contained in this proxy statement. This proxy
statement is dated as of April 18, 2019. You should not assume that the information contained in this proxy statement is
accurate as of any date other than that date (or as of an earlier date if so indicated in this proxy statement), and the mailing
of this proxy statement to our Shareholders does not create any implication to the contrary. This proxy statement does not constitute
a solicitation of a proxy in any jurisdiction where, or to or from any person to whom, it is unlawful to make a proxy solicitation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><A NAME="z_002"></A>ANNUAL
REPORT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
Company will provide without charge to each Shareholder upon written request a copy of Company&rsquo;s Annual Report on Form&nbsp;10-K
(without exhibits, unless otherwise requested)&nbsp;required to be filed with the SEC for the year ended December&nbsp;31, 2018.
Requests for copies should be addressed to Investor Relations, Rand Capital Corporation, 2200 Rand Building, Buffalo, New York,
14203. Requests may also be directed to (716)&nbsp;853-0802&nbsp;or to eadonaldson@randcapital.com via email. Copies may also
be accessed electronically by means of the SEC&rsquo;s EDGAR home page on the internet at&nbsp;http://www.sec.gov/edgar.</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 109; Value: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->99<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->
<P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>
<P STYLE="margin-top: 0pt; font: 10pt Times New Roman, Times, Serif; margin-bottom: 0pt; text-align: center"><A NAME="apx_1"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Appendix
A</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Execution
Version</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>STOCK
PURCHASE AGREEMENT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>by
and among</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>EAST
ASSET MANAGEMENT, LLC,</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>RAND
CAPITAL CORPORATION, and,</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>SOLELY
FOR PURPOSES OF BEING BOUND BY SECTIONS 7.10 and 10.9(a) and (b)</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">,
RAND CAPITAL MANAGEMENT LLC</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B></B></FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><DIV STYLE="font: 10pt Times New Roman, Times, Serif; border-top: Black 1.5pt solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>DATED
AS OF JANUARY 24, 2019</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>


<!-- Field: Page; Sequence: 110 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>TABLE
OF CONTENTS</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><A HREF="#x_001"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article I DEFINED TERMS</FONT></A></TD>
    <TD STYLE="width: 0.5in; text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">2</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><A HREF="#x_002"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article II TRANSACTION</FONT></A></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">10</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><A HREF="#x_003"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article III CLOSING; CLOSING DELIVERIES</FONT></A></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">11</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><A HREF="#x_004"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article IV REPRESENTATIONS AND WARRANTIES OF RAND</FONT></A></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">13</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><A HREF="#x_005"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article V REPRESENTATIONS AND WARRANTIES OF EAST</FONT></A></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">24</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><A HREF="#x_006"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article VI COVENANTS RELATING TO CONDUCT OF BUSINESS</FONT></A></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">29</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><A HREF="#x_007"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article VII ADDITIONAL AGREEMENTS</FONT></A></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">31</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><A HREF="#x_008"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article VIII CONDITIONS PRECEDENT</FONT></A></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">39</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><A HREF="#x_009"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article IX TERMINATION AND AMENDMENT</FONT></A></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">42</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><A HREF="#x_010"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article X GENERAL PROVISIONS</FONT></A></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">45</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B><U>List
of Exhibits</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="width: 0.55in; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit
    A </FONT></TD>
    <TD STYLE="width: 0.25in; text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ndash;
    </FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form
    of Administration Agreement</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit
    B</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ndash;
    </FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form
    of Investment Advisory and Management Agreement</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit
    C </FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ndash;
    </FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Contributed
    Loan Schedule </FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit
    D </FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ndash;
    </FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form
    of Shareholder Agreement</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 111 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>STOCK
PURCHASE AGREEMENT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>STOCK
PURCHASE AGREEMENT</B>, dated as of January 24, 2019 (this &ldquo;<B><I>Agreement</I></B>&rdquo;), by and among East Asset Management,
LLC, a Delaware limited liability company (&ldquo;<B><I>East</I></B>&rdquo;), Rand Capital Corporation, a New York corporation
(&ldquo;<B><I>Rand</I></B>&rdquo;) and, solely for purposes of being bound by Sections 7.10 and 10.9(a) and (b), Rand Capital
Management LLC, a Delaware limited liability company (&ldquo;<B><I>NEWCO</I></B>&rdquo;). Each of East, Rand and, solely for purposes
of being bound by Sections 7.10 and 10.9(a) and (b), NEWCO, may, from time to time, be referred to individually herein as a &ldquo;<B><I>Party</I></B>&rdquo;
and collectively as the &ldquo;<B><I>Parties.</I></B>&rdquo; Capitalized terms used but not otherwise defined herein shall have
the meanings ascribed to such terms in Article I.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>RECITALS:</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
Rand is currently an internally managed business development company subject to the Investment Company Act of 1940, as amended,
and the rules and regulations promulgated thereunder (the &ldquo;<B><I>Investment Company Act</I></B>&rdquo;);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
the Parties desire to enter into a transaction pursuant to which East will acquire shares of Rand&rsquo;s common stock, par value
$0.10 (the &ldquo;<B><I>Rand Common Stock</I></B>&rdquo;) from Rand in exchange for the Contributed Investment Assets and the
Cash Consideration (the &ldquo;<B><I>Stock Purchase</I></B>&rdquo;) on the terms and subject to the conditions set forth herein;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
NEWCO will register with the Securities and Exchange Commission (&ldquo;<B><I>SEC</I></B>&rdquo;) as an investment adviser under
the Investment Advisers Act of 1940, as amended, and the rules and regulations promulgated thereunder (the &ldquo;<B><I>Investment
Advisers Act</I></B>&rdquo;);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
the board of directors of Rand (the &ldquo;<B><I>Rand Board</I></B>&rdquo;), including the independent directors thereof, has
unanimously determined that the Stock Purchase is advisable and in the best interests of Rand and the holders of Rand Common Stock
(the &ldquo;<B><I>Rand Stockholders</I></B>&rdquo;), and has resolved to recommend that the Rand Stockholders approve the proposals
related to the Rand Stockholder Approvals as set forth herein;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
in connection with the consummation of the Stock Purchase, NEWCO and Rand intend to enter into the Investment Advisory Agreement
and the Administration Agreement pursuant to which NEWCO will serve as investment adviser and administrator to Rand effective
as of the closing of the Stock Purchase (the &ldquo;<B><I>Externalization</I></B>&rdquo;); and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
the Parties desire to make certain representations, warranties and agreements in connection with the Stock Purchase and to prescribe
certain conditions to the Stock Purchase.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NOW,
THEREFORE</B>, in consideration of the mutual covenants, representations, warranties and agreements contained in this Agreement,
and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally
bound hereby, the Parties agree as follows:</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 112; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="x_001"></A>Article
I<BR>
DEFINED TERMS</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.1 For
purposes of this Agreement, the following terms shall have the meanings set forth below:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>1940
Act Majority</I></B>&rdquo; means (a) 67% or more of the shares of Rand Common Stock present at the Rand Stockholder Meeting if
the holders of more than 50% of the outstanding shares of Rand Common Stock are present or represented by proxy; or (b) 50% of
the outstanding shares of Rand Common Stock, whichever is the less.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Acceptable
Confidentiality Agreement</I></B>&rdquo; has the meaning set forth in Section 7.7(d).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Administration
Agreement</I></B>&rdquo; means the Administration Agreement substantially in the form of <U>Exhibit A</U> attached hereto, to
be entered into between Rand and NEWCO, as administrator, in connection with the Externalization.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Adverse
Recommendation Change</I></B>&rdquo; has the meaning set forth in Section 7.3(c).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Affiliate</I></B>&rdquo;
means, with respect to any Person, any other Person directly or indirectly controlling, controlled by, or under common control
with such Person.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Agreement</I></B>&rdquo;
has the meaning set forth in the preamble to this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Bankruptcy
and Equity Exception</I></B>&rdquo; has the meaning set forth in Section 4.3(a).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>BDC</I></B>&rdquo;
means a business development company as defined in Section 2(a)(48) of the Investment Company Act.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Borrowers</I></B>&rdquo;
means those Persons who constitute &ldquo;borrowers&rdquo; (or any similarly defined term) under the Contributed Loan Documents.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Business
Day</I></B>&rdquo; means a day, other than Saturday, Sunday or other day on which commercial banks in New York, New York are authorized
or required by applicable Law to close.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Cash
Consideration</I></B>&rdquo; means an amount in cash equal to (a) $25,000,000, minus (b) the Contributed Investment Assets Fair
Value, as determined in accordance with Section 3.2.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Claim</I></B>&rdquo;
means any claim, action, suit or legal, administrative, arbitral or other proceeding, whether civil, criminal or administrative.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Closing</I></B>&rdquo;
has the meaning set forth in Section 3.1.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Closing
Cut-off Time</I></B>&rdquo; means 5:00 p.m. (New York, New York time) on the second Business Day immediately prior to the Closing
Date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Closing
Date</I></B>&rdquo; has the meaning set forth in Section 3.1.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Code</I></B>&rdquo;
means the United States Internal Revenue Code of 1986, as amended.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 113; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Competing
Proposal</I></B>&rdquo; means any inquiry, proposal or offer made by any Third Party (including any inquiry, proposal or offer
from any of Rand&rsquo;s Stockholders): (a) to purchase or otherwise acquire, directly or indirectly, in one transaction or a
series of transactions (including any merger, consolidation, tender offer, exchange offer, stock acquisition, asset acquisition,
binding share exchange, business combination, recapitalization, liquidation, dissolution, joint venture or similar transaction),
(i) beneficial ownership (as defined under Section 13(d) of the Exchange Act) of fifteen percent (15%) or more of any class of
equity securities of Rand (for the avoidance of doubt, this fifteen percent (15%) threshold shall be in addition to any shares
of Rand Common Stock owned by such Third Party or its Affiliates as of the date of the inquiry, proposal or offer) or (ii) assets
(including equity of the Subsidiary) or operations of Rand or its Subsidiary that constitute fifteen percent (15%) or more of
the revenues or assets of Rand and its Subsidiary, taken as a whole; or (b) any other transaction not covered in the foregoing
clause (a) involving a restructuring or any other change in the operations of Rand that would result in Rand converting from an
internally managed BDC to an externally managed BDC, whether or not such transaction is coupled with a capital infusion or purchase
of shares of Rand; or (c) any liquidation of Rand, in each case other than the Stock Purchase.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Confidentiality
Agreement</I></B>&rdquo; has the meaning set forth in Section 7.2(d).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Consent</I></B>&rdquo;
means, with respect to any Contributed Investment Asset, any consent, approval, or authorization of, notice to, or filing with,
the Borrower, the administrative agent, the issuer, any co-investor or other Person required or otherwise necessary to sell, assign,
transfer, convey, contribute or deliver, or in connection with selling, assigning, transferring, conveying, contributing or delivering,
such Contributed Investment Asset to Rand pursuant to the Stock Purchase.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Contract</I></B>&rdquo;
means any legally binding written or oral contract, deed, mortgage, lease, commitment, agreement or other binding commitment,
arrangement, understanding, document or instrument.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Contributed
Books and Records</I></B>&rdquo; means the original (or copies, in the event East is required to retain the original under applicable
Law) books and records, information, files, records, data, plans, Contracts and recorded knowledge of East (in whatever format)
to the extent relating to the ownership of the Contributed Investment Assets, but excluding the Contributed Loan Documents, Contributed
Loan Files and Contributed Loan Notes.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Contributed
Investment Assets</I></B>&rdquo; has the meaning set forth in Section 2.1(a).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Contributed
Investment Assets Fair Value</I></B>&rdquo; the fair value of the Contributed Investment Assets as determined on the Closing Cut-off
Time plus (without duplication) the aggregate amount of accrued but unpaid interest (including uncapitalized payment-in-kind interest
earned), penalties, fees, charges and other amounts on the Contributed Investment Assets as of the Closing Cut-off Time, in each
case as determined in accordance with GAAP.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Contributed
Loan Collateral</I></B>&rdquo; means the assets and properties securing payment of outstanding obligations of Borrowers under
the Contributed Loan Documents.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 114; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Contributed
Loan Documents</I></B>&rdquo; means the credit and financing agreements, guarantees, subordination agreements, Contributed Loan
Notes, mortgages, deeds of trust, security agreements (including pledge and control agreements), financing statements, intercreditor
agreements, and other instruments and documents affecting East&rsquo;s ownership, economic or other rights with respect to the
Contributed Loans or in which East has an interest, in connection with the Contributed Loans.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Contributed
Loan Files</I></B>&rdquo; means credit and transaction files of East relating to the Contributed Loans, including Contributed
Loan Documents, third party reports, operating statements, Borrower financial statements, budgets, recent borrowing base, compliance
and advance certificates, and all other documents that relate to the Contributed Loans.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Contributed
Loan Notes</I></B>&rdquo; means the original executed promissory notes (or copies, to the extent that only copies of such promissory
notes are in East&rsquo;s possession or control) issued to the order of East, or copies of a &ldquo;master&rdquo; note if no such
note was issued to East or an allonge endorsing a note in favor of East, evidencing indebtedness owing to East under a Contributed
Loan.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Contributed
Loans</I></B>&rdquo; means, collectively, the loans and other securities identified on the Contributed Loan Schedule.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Contributed
Loan Schedule</I></B>&rdquo; means the schedule attached hereto as <U>Exhibit C</U>, which identifies (i) each loan and other
security to be contributed by East to Rand on the Closing Date, (ii) the name of the Borrower of each such loan, (iii) the interest
rate on each such loan, (iv) the maturity date of each such loan, (v) the outstanding unpaid principal amount of each such loan
as of the Cut-off Time, (vi) the amount of accrued interest for each such loan; (vii) the amount of accrued but unpaid fees or
other amounts (other than accrued interest) for each such loan; (viii) any undrawn commitments with respect to each such loan;
and (ix) the Contributed Investment Assets Fair Value for each such loan as of the Cut-off Time; provided, however, that the Contributed
Loan Schedule shall be updated in accordance with the provisions of Section 3.2 in order to reflect changes to the information
contained therein.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Cut-off
Time</I></B>&rdquo; means 5:00 p.m. (New York, New York time) on January 23, 2019.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>East</I></B>&rdquo;
has the meaning set forth in the preamble to this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>East
Disclosure Schedule</I></B>&rdquo; means that certain disclosure schedule delivered by East to Rand concurrent with the execution
of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>East
Expenses</I></B>&rdquo; means an amount equal to East&rsquo;s documented out of pocket costs and expenses paid or payable to third
parties (including legal, accounting, tax, regulatory, operations, advisory, management, human resources (including pension),
consulting, insurance, audit, search, asset appraisal, title, surveys, financing, filing, compensation, travel and other similar
fees, costs and expenses) and incurred or accrued by or on behalf of East, NEWCO or their respective Affiliates in connection
with this Agreement, the Stock Purchase and the Externalization including East&rsquo;s and NEWCO&rsquo;s, or their respective
Affiliates&rsquo; due diligence investigation of Rand and its Subsidiary and the preparation, negotiation, execution and delivery
of definitive agreements in connection with the Stock Purchase and the Externalization.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>East
Regulatory Agreement</I></B>&rdquo; has the meaning set forth in Section 5.4.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 115; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Employment
Agreements</I></B>&rdquo; has the meaning set forth in Section 4.11(a).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>ERISA</I></B>&rdquo;
means the Employee Retirement Income Security Act of 1974, as amended.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>ERISA
Affiliate</I></B>&rdquo; has the meaning set forth in Section 4.11(a).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Exchange
Act</I></B>&rdquo; means the Securities Exchange Act of 1934, as amended.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Externalization</I></B>&rdquo;
has the meaning set forth in the Recitals to this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>GAAP</I></B>&rdquo;
means United States generally accepted accounting principles consistently applied during the periods involved.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Governmental
Entity</I></B>&rdquo; means any federal, state or local government or any court, administrative or regulatory agency or commission
or other governmental authority or agency, domestic or foreign.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Indemnified
Parties</I></B>&rdquo; has the meaning set forth in Section 7.4(a).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Intellectual
Property Rights</I></B>&rdquo; means, collectively, all trademarks, trade names, patent rights, copyrights, domain names, licenses,
approvals, trade secrets, software and other similar rights.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Intervening
Event</I></B><I>&rdquo;</I> means any fact, circumstance, occurrence, effect, change, event or development that is material to
Rand that was not known to the Rand Board prior to the execution of this Agreement, which fact, circumstance, occurrence, effect,
change, event or development, or any material consequence thereof, becomes known to the Rand Board prior to the receipt of the
Rand Stockholder Approvals; provided, that in no event shall the receipt, existence or terms of a Competing Proposal or any matter
relating directly thereto or consequence directly thereof constitute an Intervening Event.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Investment
Advisers Act</I></B>&rdquo; has the meaning set forth in the Recitals to this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Investment
Advisory Agreement</I></B>&rdquo; means the Investment Advisory and Management Agreement in the form of <U>Exhibit B</U> attached
hereto, to be entered into between Rand and NEWCO, as investment adviser, in connection with the Externalization.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Investment
Company Act</I></B>&rdquo; has the meaning set forth in the Recitals to this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>IRS</I></B>&rdquo;
means the United States Internal Revenue Service.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Law</I></B>&rdquo;
means any federal, state, local, municipal, or foreign constitution, treaty, law (including the common law), statute, code, ordinance,
rule, administrative interpretation, regulation, directive (including those of any SRO), judgment, order, writ, decree or injunction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Liens</I></B>&rdquo;
means liens, pledges, charges, claims and security interests and similar encumbrances.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 116; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Management
Agreements</I></B>&rdquo; means, collectively, the Investment Advisory Agreement and the Administration Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Material
Adverse Effect</I></B>&rdquo; means any occurrence, change, event, effect or development that, individually, or taken together
with all other occurrences, changes, events, effects or developments, has or would reasonably be likely to have, a material adverse
effect on (a) with respect to Rand, the financial condition, results of operations, assets, liabilities, or business of Rand and
its Subsidiary taken as a whole (provided, however, that, with respect to this subsection (a), the determination of whether a
&ldquo;Material Adverse Effect&rdquo; exists or has occurred shall not include effects attributable to (i) changes, after the
date hereof, in GAAP or regulatory accounting requirements applicable generally to companies in the industry in which Rand and
its Subsidiary operate, (ii) changes, after the date hereof, in laws, rules or regulations of general applicability to companies
in the industry in which Rand and its Subsidiary operate, (iii) actions or omissions taken with the prior express written consent
of East, (iv) changes, after the date hereof, in global or national political conditions or general economic or market conditions
generally affecting other companies in the industry in which Rand and its Subsidiary operate, (v) conditions arising out of acts
of terrorism, war, weather conditions or other force majeure events, (vi) any legal proceedings made or brought by any of the
current or former Rand Stockholders (on their own behalf or on behalf of Rand) in connection with the Agreement or the Stock Purchase,
or (vii) the public disclosure of this Agreement or the Stock Purchase except, with respect to clauses (i), (ii), (iv) and (v)
of this subsection (a), to the extent that the effects of such change disproportionately impact the financial condition, results
of operations, assets, liabilities or business of Rand and its Subsidiary, taken as a whole, as compared to other companies in
the industry in which Rand and its Subsidiary operate), (b) with respect to East, the financial condition, results of operations,
assets, liabilities, or business of East and its Subsidiaries taken as a whole (provided, however, that, with respect to this
subsection (b), the determination of whether a &ldquo;Material Adverse Effect&rdquo; exists or has occurred shall not include
effects attributable to (i) changes, after the date hereof, in GAAP or regulatory accounting requirements applicable generally
to companies in the industry in which East, as applicable, operate, (ii) changes, after the date hereof, in laws, rules or regulations
of general applicability to companies in the industry in which East, as applicable, operate, (iii) actions or omissions taken
with the prior express written consent of Rand, (iv) changes, after the date hereof, in global or national political conditions
or general economic or market conditions generally affecting other companies in the industry in which East, as applicable, operate
or (v) conditions arising out of acts of terrorism, war, weather conditions or other force majeure events, except, with respect
to clauses (i), (ii), (iv) and (v) of this subsection (b), to the extent that the effects of such change disproportionately impact
the financial condition, results of operations, assets, liabilities or business of East and its Subsidiaries, taken as a whole,
as applicable, as compared to other companies in the industry in which East and its Subsidiaries, as applicable, operate), (c)
with respect to East, the Contributed Investment Assets or (d) with respect to East or Rand, the ability of East or Rand, as applicable,
to timely consummate the Stock Purchase.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>NASDAQ</I></B>&rdquo;
means the Nasdaq National Market System.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>NEWCO</I></B>&rdquo;
has the meaning set forth in the preamble to this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>New
York Courts</I></B>&rdquo; has the meaning set forth in Section 10.6.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 117; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>NYBCL</I></B>&rdquo;
means the New York Business Corporation Law, as amended.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Notice
of Adverse Recommendation</I></B>&rdquo; has the meaning set forth in Section 7.7(f).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Notice
of Superior Proposal</I></B>&rdquo; has the meaning set forth in Section 7.7(f).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Organizational
Documents</I></B>&rdquo; means, with respect to a Person other than a natural person, (i) the articles or certificate of incorporation
and the bylaws of a corporation; (ii) the certificate of formation and operating agreement of a limited liability company; (iii)
the partnership agreement and any statement of partnership of a general partnership; (iv) the limited partnership agreement and
the certificate of limited partnership of a limited partnership; (v) any charter or similar document adopted or filed in connection
with the creation, formation, or organization of any other Person; (vi) any stockholder or similar agreement among holders of
securities of an issuer; and (vii) any amendment to any of the foregoing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Outside
Date</I></B>&rdquo; has the meaning set forth in Section 9.1(b).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Party</I></B>&rdquo;
and &ldquo;<B><I>Parties</I></B>&rdquo; have the meaning set forth in the preamble to this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Permit</I></B>&rdquo;
means any license, permit, variance, exemption, franchise, consent, approval, authorization, qualification, or order of any Governmental
Entity.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Permitted
Liens</I></B>&rdquo; means (i) Liens for Taxes and other statutory Liens securing payments not yet due and payable or that are
being contested in good faith in appropriate proceedings, (ii) Liens of landords, carriers, warehousemen, mechanics and materialmen
or other like Liens granted or arising in the ordinary course of business securing payment not yet due and payable or being consented
in good faith in appropriate proceedings, (iii) Liens arising under the SBA Debentures, (iv) easements, rights of way, and other
similar encumbrances that do not materially impact the value of or materially affect the use of the properties or assets subject
thereto or affected thereby or otherwise materially impair business operations at such properties, (v) Liens imposed by applicable
securities Laws, and (vi) such imperfections or irregularities of title or Liens as do not materially affect the use of the properties
or assets subject thereto or affected thereby or otherwise materially impair business operations at such properties.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Person</I></B>&rdquo;
means an individual, corporation, partnership, limited liability company, association, joint venture, estate, trust, sole proprietorship,
unincorporated organization, other entity, organization, group (as defined in Section 13(d) of the Exchange Act), or any other
business entity or any Governmental Entity, including a government or political subdivision or an agency or instrumentality thereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Portfolio
Company</I></B>&rdquo; means any entity in which Rand or its Subsidiary has made, makes or proposes to make a debt or equity investment
that is or would be reflected in the Schedule of Investments included in Rand&rsquo;s quarterly or annual reports.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Proxy
Statement</I></B>&rdquo; has the meaning set forth in Section 4.4(a).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Purchased
Shares</I></B>&rdquo; has the meaning set forth in Section 2.1(d).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 118; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Rand</I></B>&rdquo;
has the meaning set forth in the preamble to this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Rand
Benefit Plans</I></B>&rdquo; has the meaning set forth in Section 4.11(a).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Rand
Board</I></B>&rdquo; has the meaning set forth in the Recitals to this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Rand
Board Recommendation</I></B>&rdquo; has the meaning set forth in Section 4.3(b).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Rand
Bylaws</I></B>&rdquo; means the by-laws of Rand, as amended and/or restated through the date hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Rand
Certificate</I></B>&rdquo; means the certificate of incorporation of Rand, as amended and/or restated through the date hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Rand
Common Stock</I></B>&rdquo; has the meaning set forth in the Recitals to this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Rand
Contracts</I></B>&rdquo; has the meaning set forth in Section 4.3(c).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Rand
Disclosure Schedule</I></B>&rdquo; means that certain disclosure schedule delivered by Rand to East in connection with the execution
of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Rand
Employees</I></B>&rdquo; has the meaning set forth in Section 4.11(a).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Rand
Material Contracts</I></B>&rdquo; has the meaning set forth in 4.12(a)(vi).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Rand
Regulatory Agreement</I></B>&rdquo; has the meaning set forth in Section 4.5(b).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Rand
SEC Reports</I></B>&rdquo; has the meaning set forth in Section 4.5(c).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Rand
Stockholder Approvals</I></B>&rdquo; has the meaning set forth in Section 7.3(a).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Rand
Stockholder Meeting</I></B>&rdquo; has the meaning set forth in Section 4.3(b).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Rand
Stockholders</I></B>&rdquo; has the meaning set forth in the Recitals to this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Rand
Voting Debt</I></B>&rdquo; means bonds, debentures, notes or other indebtedness of Rand having the right to vote on any matters
on which Rand Stockholders may vote.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Sarbanes-Oxley
Act</I></B>&rdquo; means the Sarbanes-Oxley Act of 2002, as amended, and the rules and regulations promulgated thereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&ldquo;SBA&rdquo;
</I></B>means the United States Small Business Administration.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&ldquo;SBA
Approval&rdquo; </I></B>has the meaning set forth in Section 7.1(c).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&ldquo;SBA
Debentures&rdquo;</I></B> means, collectively, all debentures issued by the SBIC Subsidiary to the SBA.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&ldquo;SBIC&rdquo;
</I></B>has the meaning set forth in Section 4.9(c).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>


<!-- Field: Page; Sequence: 119; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>&ldquo;SBIC
Subsidiary&rdquo;</I></B> means <FONT STYLE="background-color: white">Rand Capital SBIC, Inc.</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>SEC</I></B>&rdquo;
has the meaning set forth in the Recitals to this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Securities
Act</I></B>&rdquo; means the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Shareholder
Agreement</I></B>&rdquo; means the Shareholder Agreement substantially in the form of <U>Exhibit D</U> attached hereto, to be
entered into between Rand and East in connection with the Closing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>SRO</I></B>&rdquo;
has the meaning set forth in Section 4.4(a).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Stock
Purchase</I></B>&rdquo; has the meaning set forth in the Recitals to this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Subsidiary</I></B>&rdquo;,
when used with respect to a Party, means any corporation, partnership, limited liability company or other organization, whether
incorporated or unincorporated, (i) that, in the case where the specified Party is an SEC-reporting company, is consolidated with
such Party for financial reporting purposes under GAAP and, to the extent applicable, Article 6 of the SEC&rsquo;s Regulation
S-X, and (ii) in the case where the specified Party is not an SEC-reporting company, whose securities or other interests having
the power to elect a majority of the relevant entity&rsquo;s board of directors or similar governing body, or otherwise having
the power to direct the business and policies of the relevant entity, are held by the specified Party or by one or more other
Subsidiaries of such Party or by such Party and one or more other Subsidiaries of such Party; provided, however, that in no event
shall a Portfolio Company of Rand shall be deemed to be an &ldquo;Subsidiary&rdquo; of Rand.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Superior
Proposal</I></B>&rdquo; means a bona fide written Competing Proposal that the Rand Board determines in good faith, after consultation
with its outside financial advisors and legal advisors, and taking into account the terms and conditions of such proposal, the
party making such proposal, and the likelihood and anticipated timing of consummation of such Competing Proposal, and all other
all legal, financial, regulatory and other aspects of such Competing Proposal, (a) is reasonably likely to be consummated without
undue delay relative to the Stock Purchase, taking into account all financial, legal, regulatory and other aspects of such offer,
and (b) is more favorable to the Rand Stockholders from a financial point of view than the Stock Purchase and Rand&rsquo;s entry
into the Management Agreements (including any revisions to the terms of this Agreement committed to by East to Rand in writing
in response to such Competing Proposal made to Rand under the provisions of Section 7.7(f)); provided however, for these purposes,
to the extent relevant to the Competing Proposal in question, all percentages in subsections (a)(i) and (a)(ii) of the definition
of Competing Proposal shall be increased to (i) for purposes of subsection (a)(i) of the definition of Competing Proposal, the
lesser of (1) fifty percent (50%) of the outstanding Rand Common Stock and (2) such percentage of Rand Common Stock such that
the Person submitting the Competing Proposal, together with its Affiliates, would become, upon the closing of the proposed transaction
set forth in the Competing Proposal, the beneficial owner of at least fifty percent (50%) of the outstanding Rand Common Stock
and (ii) for purposes of subsection (a)(ii) of the definition of Competing Proposal, fifty percent (50%).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Takeover
Statute</I></B>&rdquo; has the meaning set forth in Section 4.15.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 120; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Tax</I></B>&rdquo;
or &ldquo;<B><I>Taxes</I></B>&rdquo; means (i) all federal, state, local, and foreign income, excise, gross receipts, gross income,
ad valorem, profits, gains, property, capital, sales, transfer, use, payroll, employment, severance, withholding, duties, intangibles,
franchise, backup withholding, value added and other taxes, charges, levies or like assessments together with all penalties and
additions to tax and interest thereon and (ii) any liability for Taxes described in clause (i) above under Treasury Regulation
Section 1.1502-6 (or any similar provision of state, local or foreign law).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Tax
Return</I></B>&rdquo; means, with respect to a Person, a report, return or other information (including any amendments) required
to be supplied to a Governmental Entity with respect to Taxes including, where permitted or required, combined or consolidated
returns for any group of entities that includes the Person or any of its Subsidiaries.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Termination
Fee</I></B>&rdquo; has the meaning set forth in Section 9.4(a).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Third
Party</I></B>&rdquo; means a third party (or group of Persons) not affiliated with Rand or East, but shall include all Rand Stockholders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>Welfare
Plan</I></B>&rdquo; has the meaning set forth in Section 4.11(f).</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="x_002"></A>Article
II</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">TRANSACTION</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.1 <U>Stock
Purchase</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) <U>Contributed
Investment Assets</U>. On the terms and subject to the conditions of this Agreement, on the Closing Date, East shall sell, transfer,
assign, convey, contribute and deliver to Rand, free and clear of all Liens (but subject to the terms of the Contributed Loan
Documents and restrictions on transfer arising under applicable Law), and Rand shall purchase, accept, assume and acquire from
East all of East&rsquo;s right, title and interest in, to and under the following, wherever located (collectively, the &ldquo;<B><I>Contributed
Investment Assets</I></B>&rdquo;):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i) each
Contributed Loan including, to the extent permitted to be assigned under applicable Law, all claims, suits, causes of action and
any other right of East under the Contributed Loan Documents against any Person, whether known or unknown, arising under, out
of, or in connection with the Contributed Loan Documents or in any way based on or related to any of the foregoing;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii) the
Contributed Loan Documents relating to each Contributed Loan;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii) the
Contributed Loan Collateral relating to each Contributed Loan;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv) the
Contributed Loan Files relating to each Contributed Loan; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v) the
Contributed Books and Records.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) <U>Assumed
Obligations</U>. From and after the Closing, Rand shall assume all obligations with respect to the Contributed Investment Assets
under the Contributed Loan Documents.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 121; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c) <U>Stock
Purchase Price</U>. The aggregate consideration payable for the Purchased Shares shall be the sum of (i) the Cash Consideration
plus (ii) the Contributed Investment Assets Fair Value, as finally determined in accordance with Section 3.2 below.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d) <U>Stock
Issuance</U>. At the Closing, East shall purchase from Rand, and Rand shall, upon receipt by Rand of the Cash Consideration and
the Contributed Investment Assets in accordance with Sections 3.1 and 3.3 below, issue to East a number of newly issued shares
of Rand Common Stock equal to (a) (i) the Cash Consideration, plus (ii) Contributed Investment Assets Fair Value, divided by (b)
$3.00. The shares of the Rand Common Stock to be issued in the Stock Purchase are referred to herein as the &ldquo;<B><I>Purchased
Shares</I></B>&rdquo;.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)&#9;<U>Principal
Repayments between Closing Cut-off Time and Closing</U>.&#9;If any principal payment, interest payment or other payment is made
by any Borrower to East with respect to any Contributed Investment Asset between the Closing Cut-off Time and the Closing, such
amounts shall be received by East in trust for Rand&rsquo;s benefit, and East shall either (i) pay over to Rand such amounts via
wire transfer of immediately available funds at Closing or as soon thereafter as reasonably practicable (but in no event later
than five (5) Business Days following receipt), or (ii) if Closing has not yet occurred, reduce the Contributed Investment Assets
Fair Value, and increase the amount of the Cash Consideration, by the amount so received.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="x_003"></A>Article
III</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CLOSING;
CLOSING DELIVERIES</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.1 <U>Closing</U>.
The closing of the Stock Purchase (the &ldquo;<B><I>Closing</I></B>&rdquo;) shall take place at 10:00 a.m. on the date and place
to be specified by the Parties, which date shall be no later than three (3) Business Days after the satisfaction or waiver (subject
to applicable Law) of the latest to occur of the conditions set forth in Article VIII (other than those conditions that by their
nature are to be satisfied or waived at the Closing), unless extended by mutual agreement of the Parties. The date on which the
Closing occurs is referred to herein as the &ldquo;<B><I>Closing Date</I></B>&rdquo;.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.2 <U>Update
of Contributed Loan Schedule and Contributed Investment Assets Fair Value</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) Immediately
following the close of business on the second Business Day prior to the Closing Date, the Contributed Loan Schedule shall be updated
as necessary to reflect changes to the information contained therein between the Cut-off Time and Closing Cut-off Time, including,
without limitation, changes to the information therein that would result in an adjustment to the Contributed Investment Assets
Fair Value and the corresponding calculation of the Cash Consideration. The Contributed Loan Schedule, as so updated as of the
Closing Cut-off Time and, with respect to the Contributed Investment Assets Fair Value, as agreed to between the Parties pursuant
to Section 3.2(c) below, shall be used for purposes of calculating the Cash Consideration amount.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 122; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) Contemporaneously
with the delivery of the updated Contributed Loan Schedule in accordance with Section 3.2(a), East shall provide Rand a certificate
of an officer of East setting forth its good faith calculations of the Contributed Investment Assets Fair Value and the corresponding
Cash Consideration, in each case, as determined in accordance with the terms of this Agreement, together with reasonable supporting
documentation for such calculation. East will provide Rand and its representatives during normal business hours access reasonably
requested by Rand to the work papers and other books and records and personnel of East for purposes of assisting Rand and its
representatives in their review of the calculation of the Contributed Investment Assets Fair Value and corresponding Cash Consideration.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c) To
the extent that Rand does not agree with the calculation of the Contributed Investment Assets Fair Value presented by East, the
Parties shall promptly negotiate in good faith so as to agree upon the calculation of the Contributed Investment Assets Fair Value.
The Contributed Loan Schedule, as so updated as of the Closing Cut-off Time and as agreed to by the Parties, shall be used for
purposes of calculating the Contributed Investment Assets Fair Value and corresponding Cash Consideration payable at closing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.3 <U>Closing
Deliveries</U>. At the Closing, </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) East
shall deliver or cause its Affiliates to deliver, as applicable, to Rand:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i) a
counterpart of each assignment and assumption agreement relating to a Contributed Investment Asset, duly executed on behalf of
East, its Affiliate (if applicable) and each Person from whom a Consent, as set forth on Section 5.13(j) of the East Disclosure
Schedule, is required in connection with the transfer of such Contributed Investment Asset (unless a separate Consent from each
such Person has been delivered to Rand);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii) the
Contributed Loan Notes with respect to such Contributed Loans;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii) the
Contributed Loan Documents in the possession or control of East;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv) the
Contributed Loan Files in the possession or control of East;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v) the
Contributed Books and Records;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vi) the
Cash Consideration by wire transfer of immediately available funds to an account of Rand designated in writing by Rand to East;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vii) nomination
in writing of two or three directors, as applicable based upon the terms of the Shareholder Agreement, to stand for election at
the annual meeting of stockholders of Rand, subject to the provisions of the Shareholder Agreement; </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(viii) an
officer&rsquo;s certificate signed by an officer of East as required to be delivered under Sections 8.3(a) and 8.3(b);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ix) (A)
a certification of non-foreign status that complies with the requirements of Code Section 1445 and Treasury Regulation Section
1.1445-2(b) and (B) certification pursuant to Code Section 1446(f)(2), in each case, in form and substance reasonably satisfactory
to Rand;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 123; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(x) a
certificate of the Secretary or Assistant Secretary (or equivalent officer) of the East certifying that attached thereto are true
and complete copies of all resolutions adopted by the members of East authorizing the execution, delivery, and performance of
this Agreement and the consummation of the Stock Purchase, and that all such resolutions are in full force and effect and are
all the resolutions adopted in connection with the transactions contemplated hereby;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(xi) a
copy of the Shareholder Agreement, duly executed by East; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(xii) such
other documents as may be reasonably required by Rand, each in form and substance satisfactory to Rand, to effect the intentions
of the Parties contemplated by this Agreement, duly executed by East.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) Rand
shall deliver to East:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i) a
counterpart of each assignment and assumption agreement relating to a Contributed Investment Asset, duly executed on behalf of
Rand;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii) the
Purchased Shares by book entry transfer to an account for East at Rand&rsquo;s transfer agent; </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii) copies
of the Management Agreements, duly executed by Rand;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv) an
officer&rsquo;s certificate signed by the Chief Executive Officer or the Chief Financial Officer of Rand as required to be delivered
under Sections 8.2(a) and 8.2(b); </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v) a
certificate of the Secretary or Assistant Secretary (or equivalent officer) of the Company certifying that attached thereto are
true and complete copies of all resolutions adopted by the Rand Board authorizing the execution, delivery, and performance of
this Agreement and the Management Agreements and the consummation of the Stock Purchase, and that all such resolutions are in
full force and effect and are all the resolutions adopted in connection with the transactions contemplated hereby and thereby;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vi) a
copy of the Shareholder Agreement, duly executed by Rand; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vii) such
other documents as may be reasonably required by East, in form and substance satisfactory to East, to effect the intentions of
the Parties contemplated by this Agreement, duly executed by Rand.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="x_004"></A>Article
IV</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">REPRESENTATIONS
AND WARRANTIES OF RAND</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Except
as disclosed in (i) the Rand SEC Reports (as defined in Section 4.5(c) below) filed prior to the date of this Agreement, or (ii)
the Rand Disclosure Schedule, Rand hereby represents and warrants to East as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 124; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.1 <U>Corporate
Organization</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) Rand
is a corporation duly incorporated, validly existing and in good standing under the laws of the State of New York. Rand has the
requisite corporate power and corporate authority to own or lease all of its properties and assets and to carry on its business
as it is now being conducted.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) Rand
is duly licensed or qualified to do business in each jurisdiction in which the nature of the business conducted by it or the character
or location of the properties and assets owned or leased by it makes such licensing or qualification necessary, except where the
failure to be so licensed or qualified would not, individually or in the aggregate, have a Material Adverse Effect on Rand.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c) True,
complete and correct copies of Rand Certificate and Rand Bylaws have previously been made available to East. Rand is not in violation
of Rand Certificate or Rand Bylaws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d) The
SBIC Subsidiary is the only Subsidiary of Rand. The SBIC Subsidiary (i) is duly incorporated and validly existing and in good
standing under the laws of the state of its incorporation, (ii) has the requisite corporate power and authority to own or lease
all of its properties and assets and to carry on its business as it is now being conducted and (iii) is duly licensed or qualified
to do business in each jurisdiction in which the nature of the business conducted by it or the character or location of the properties
and assets owned or leased by it makes such licensing or qualification necessary, except where the failure to be so licensed or
qualified would not, individually or in the aggregate, have a Material Adverse Effect on Rand. True, complete and correct copies
of the Organizational Documents of the SBIC Subsidiary have previously been made available to East. The SBIC Subsidiary is not
in violation of its Organizational Documents.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.2 <U>Capitalization</U>.
(a) The authorized capital stock of Rand consists of 10,000,000 shares of Rand Common Stock, par value $0.10 per share, of which,
as of the date of this Agreement, 6,863,034 shares were issued, 6,321,988 shares were outstanding and 541,046 shares were held
by the Company as treasury stock. As of the date of this Agreement, no shares of preferred stock were issued and outstanding.
All of the issued and outstanding shares of Rand Common Stock have been duly authorized and validly issued and are fully paid,
nonassessable and free of preemptive rights, with no personal liability attaching to the ownership thereof. No Rand Voting Debt
is issued or outstanding. Except pursuant to this Agreement, Rand does not have and is not bound by any outstanding subscriptions,
options, warrants, calls, rights, commitments or agreements of any character calling for the purchase or issuance of, or the payment
of any amount based on, any shares of Rand Common Stock, Rand preferred stock, Rand Voting Debt or any other equity securities
of Rand or any securities representing the right to purchase or otherwise receive any shares of Rand Common Stock, Rand preferred
stock, Rand Voting Debt or other equity securities of Rand. There are no contractual obligations of Rand or its Subsidiary (A)
to repurchase, redeem or otherwise acquire any shares of capital stock of Rand or any equity security of Rand or its Subsidiary
or any securities representing the right to purchase or otherwise receive any shares of capital stock or any other equity security
of Rand or its Subsidiary or (B) pursuant to which Rand or its Subsidiary is or could be required to register shares of Rand capital
stock or other securities under the Securities Act.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 125; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) All
of the issued and outstanding shares of capital stock or other equity ownership interests of the SBIC Subsidiary are owned, directly
or indirectly, by Rand, free and clear of any Liens, except for any Permitted Liens, and all of such shares or equity ownership
interests are duly authorized and validly issued and are fully paid, nonassessable and free of preemptive rights. The SBIC Subsidiary
does not have or is not bound by any outstanding subscriptions, options, warrants, calls, commitments or agreements of any character
calling for the purchase or issuance of any shares of capital stock or any other equity security of such Subsidiary or any securities
representing the right to purchase or otherwise receive any shares of capital stock or any other equity security of such Subsidiary.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c) Except
as set forth in Section 4.2(c) of the Rand Disclosure Schedule, neither Rand nor the SBIC Subsidiary has any indebtedness for
borrowed money.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.3 <U>Authority;
No Violation</U>. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) Rand
has full corporate power and authority to execute and deliver this Agreement and to consummate the Stock Purchase. The execution
and delivery of this Agreement, the Management Agreements and the consummation of the Stock Purchase have been duly and validly
approved by the Rand Board. This Agreement has been duly and validly executed and delivered by Rand and (assuming due authorization,
execution and delivery by East) constitutes the valid and binding obligation of Rand, enforceable against Rand in accordance with
its terms, except as may be limited by bankruptcy, insolvency, fraudulent transfer, moratorium, reorganization or similar laws
of general applicability relating to or affecting the rights of creditors generally and subject to general principles of equity
(the &ldquo;<B><I>Bankruptcy and Equity Exception</I></B>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) The
Rand Board has determined that this Agreement and the Stock Purchase are advisable and in the best interests of Rand and the Rand
Stockholders, approved this Agreement and the Stock Purchase in accordance with the NYBCL and Section 23 of the Investment Company
Act, resolved to recommend that that Rand Stockholders approve the Rand Stockholder Approvals, and directed that the proposals
related to the Rand Stockholder Approvals be submitted to the Rand Stockholders for approval and adoption at a duly held meeting
of such Rand Stockholders (the &ldquo;<B><I>Rand Stockholder Meeting</I></B>&rdquo;), together with the recommendation of Rand
Board that Rand Stockholders approve and adopt the proposals related to the Rand Stockholder Approvals (the &ldquo;<B><I>Rand
Board Recommendation</I></B>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c) Neither
the execution and delivery of this Agreement or the Management Agreements by Rand nor the consummation by Rand of the Stock Purchase,
nor compliance by Rand with any of the terms or provisions of this Agreement or the Management Agreements, will (i) assuming the
completion of the amendment of the Rand Certificate to increase the number of authorized shares of Rand Common Stock as described
in Section 7.3(a)(ii), violate any provision of the Rand Certificate or Rand Bylaws, or (ii) assuming that the consents, approvals
and filings referred to in Sections 4.4(a)(i)-(v), Sections 4.4(b)(i) and (iv) and Section 4.4(a) and (b) of the Rand Disclosure
Schedule are duly obtained and/or made, (A) violate any Law applicable to Rand or its Subsidiary, or (B) except as would not,
individually or in the aggregate, have a Material Adverse Effect on Rand, violate, conflict with, result in a breach of any provision
of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute
a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required
by, or result in the creation of any Lien upon any of the respective properties or assets of Rand or its Subsidiary under, any
of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, franchise, agreement
or other instrument or obligation to which Rand or its Subsidiary is a party or by which either of them or any of their respective
properties or assets is bound (collectively, the &ldquo;<B><I>Rand Contracts</I></B>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 126; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.4 <U>Consents
and Approvals</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) Except
for (i) the filing with the SEC of a proxy statement in definitive form (the &ldquo;<B><I>Proxy Statement</I></B>&rdquo;) relating
to the Rand Stockholder Meeting, (ii) any notices, consents, authorizations, approvals, filings or exemptions in connection with
compliance with the rules and regulations of NASDAQ, or any other applicable self-regulatory organization (&ldquo;<B><I>SRO</I></B>&rdquo;),
(iii) such filings and approvals as are required to be made or obtained under the securities or &ldquo;Blue Sky&rdquo; laws of
various states in connection with the Stock Purchase pursuant to this Agreement and the filing of a Form D with the SEC, (iv)
compliance with the Investment Company Act, and the rules and regulations promulgated thereunder, (v) any notices, consents, authorizations,
approvals, filings or exemptions in connection with compliance with the rules and regulations of SBA, or (vi) as set forth on
Section 4.4(a) of Rand Disclosure Schedule, no other consents, authorizations, approvals, or exemptions from, or notices to, or
filings with, any Governmental Entity by Rand are necessary in connection with the execution and delivery by Rand of this Agreement
or the consummation by Rand of the Stock Purchase.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) Except
for (i) receipt of Rand Stockholder Approvals as contemplated in Section 7.3, (ii) consents under Rand Contracts set forth on
Section 4.4(b) of Rand Disclosure Schedule, (iii) matters covered in the immediately preceding Section 4.4(a), and (iv) approval
of the Investment Advisory Agreement as described in Section 8.1(b)(i), no consents or approvals of any Person are necessary in
connection with the execution and delivery by Rand of this Agreement or the consummation by Rand of the Stock Purchase.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.5 <U>Reports;
Regulatory Matters</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) Rand
and its Subsidiary have timely filed all reports, registration statements and certifications, together with any amendments required
to be made with respect thereto, that they were required to file since December 31, 2016 with (i) the SEC, (ii) NASDAQ, (iii)
the SBA, and (iv) any other applicable SRO or Governmental Entity, and all other reports and statements required to be filed by
them since December 31, 2016, including any report or statement required to be filed pursuant to the laws, rules or regulations
of the United States, any state, any foreign entity, or any SRO or Governmental Entity, and have paid all fees and assessments
due and payable in connection therewith. Except for normal examinations of Rand and its Subsidiary conducted by a SRO or Governmental
Entity in the ordinary course of the business, no SRO or Governmental Entity has, since December 31, 2016, initiated any proceeding,
enforcement action or, to the knowledge of Rand, investigation into the business, disclosures or operations of Rand or its Subsidiary.
Since December 31, 2016, no SRO or Governmental Entity has resolved any proceeding, enforcement action or, to the knowledge of
Rand, investigation into the business, disclosures or operations of Rand or its Subsidiary. There is no unresolved, or, to Rand&rsquo;s
knowledge, threatened comment or stop order by any SRO or Governmental Entity with respect to any report or statement relating
to any examinations or inspections of Rand or its Subsidiary.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 127; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) Neither
Rand nor its Subsidiary is subject to any cease-and-desist or other order or enforcement action issued by, or is a party to any
written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking
to, or is subject to any order or directive by, any SRO or Governmental Entity that currently restricts in any material respect
the conduct of its business, or that in any material manner relates to its credit, risk management or compliance policies, its
internal controls, its management or its business (each item in this sentence, a &ldquo;<B><I>Rand Regulatory Agreement</I></B>&rdquo;),
nor has Rand or its Subsidiary been advised since December 31, 2016 by any SRO or Governmental Entity that it is considering issuing,
initiating, ordering, or requesting any such Rand Regulatory Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c) Rand
has filed on the SEC&rsquo;s EDGAR system each (i) final registration statement, prospectus, report, schedule and definitive proxy
statement filed with or furnished to the SEC by Rand or its Subsidiary pursuant to the Securities Act or the Exchange Act since
December 31, 2016 (the &ldquo;<B><I>Rand SEC Reports</I></B>&rdquo;) and prior to the date of this Agreement and (ii) communication
mailed by Rand to Rand Stockholders since December 31, 2016 and prior to the date of this Agreement. No such Rand SEC Report or
communication, at the time filed, furnished or communicated (and, in the case of registration statements and proxy statements,
on the dates of effectiveness and the dates of the relevant meetings, respectively), contained any untrue statement of a material
fact or omitted to state any material fact required to be stated therein or necessary in order to make the statements made therein,
in light of the circumstances under which they were made, not misleading, except that information as of a later date (but before
the date of this Agreement) shall be deemed to modify information as of an earlier date. As of their respective dates, all Rand
SEC Reports complied as to form in all material respects with the published rules and regulations of the SEC with respect thereto.
No executive officer of Rand has failed in any respect to make the certifications required of him or her under Section 302 or
906 of the Sarbanes-Oxley Act. As of the date of this Agreement, there are not outstanding or unresolved comments from the SEC
with respect to any Rand SEC Report and, as of the date of this Agreement, no Rand SEC Report is subject to any ongoing review
by the SEC.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.6 <U>Financial
Statements</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) The
consolidated financial statements of Rand and its Subsidiary included in the Rand SEC Reports (including the related notes, where
applicable) (i) have been prepared from, and are in accordance with, the books and records of Rand and its Subsidiary, (ii) fairly
present in all material respects the consolidated results of operations, cash flows, changes in stockholders&rsquo; equity and
consolidated financial position of Rand and its Subsidiary for the respective fiscal periods or as of the respective dates therein
set forth (subject in the case of unaudited statements to recurring year-end audit adjustments immaterial in nature and amount),
(iii) complied as to form, as of their respective dates of filing with the SEC, in all material respects with applicable accounting
requirements and with the published rules and regulations of the SEC with respect thereto, and (iv) have been prepared in accordance
with GAAP consistently applied during the periods involved, except, in each case, as indicated in such statements or in the notes
thereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 128; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) Neither
Rand nor its Subsidiary has any material liability or obligation of any nature whatsoever required by GAAP to be reserved for
in a balance sheet (whether absolute, accrued, contingent or otherwise and whether due or to become due), except for those liabilities
that are reflected or reserved against on the consolidated balance sheet of Rand included in its Annual Report on Form 10-K for
the annual period ended December 31, 2017 (including any notes thereto) and for liabilities and obligations incurred in a commercially
reasonable manner since the date of such balance sheet and such liabilities as would not, individually or in the aggregate, have
a Material Adverse Effect on Rand.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c) Rand
has implemented and maintains disclosure controls and procedures (as defined in Rule 13a-15(e) of the Exchange Act) to ensure
that material information relating to Rand, including its consolidated Subsidiary, required to be disclosed by Rand in the reports
that it files under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the
rules and regulations of the SEC, and that all such material information is accumulated and communicated to the &ldquo;principal
executive officer&rdquo; and the &ldquo;principal financial officer&rdquo; (each as defined in the Sarbanes-Oxley Act) of Rand
by others within those entities in connection with the reports Rand is required to file under the Exchange Act to allow timely
decisions regarding required disclosure and to make the certifications required pursuant to Sections 302 and 906 of the Sarbanes
Oxley Act.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d) Since
December 31, 2016, the principal executive officer and the principal financial officer of Rand have complied in all material respects
with (i) the applicable provisions of the Sarbanes-Oxley Act and under the Exchange Act and (ii) the applicable listing and corporate
governance rules and regulations of NASDAQ. The principal executive officer and the principal financial officer of Rand have made
all certifications required by Sections 302 and 906 of the Sarbanes-Oxley Act with respect to each Rand SEC Document filed by
Rand.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.7 <U>Broker&rsquo;s
Fees</U>. Except for Keefe, Bruyette &amp; Woods, Inc., neither Rand nor its Subsidiary has utilized any broker, finder or financial
advisor or incurred any liability for any broker&rsquo;s fees, commissions or finder&rsquo;s fees in connection with the Stock
Purchase.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.8 <U>Absence
of Certain Changes or Events</U>. Since December 31, 2016, (a) the respective businesses of Rand and its Subsidiary have been
conducted in the ordinary course of business consistent with past practice, and (b) neither Rand nor its Subsidiary has taken
any action that has resulted in, or is reasonably likely to result in, a Material Adverse Effect on Rand.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.9 <U>Legal
Proceedings; Compliance with Law</U>. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) Except
as would not, individually or in the aggregate, have a Material Adverse Effect on Rand, neither Rand nor its Subsidiary is a party
to any, and there are no pending or, to Rand&rsquo;s knowledge, threatened, legal, administrative, arbitral or other proceedings,
claims, actions, suits or governmental or regulatory investigations of any nature against Rand or its Subsidiary or to which any
of their assets are subject or against or into any officers or directors of Rand or its Subsidiary in such capacities.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 129; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) Except
as would not, individually or in the aggregate, have a Material Adverse Effect on Rand, there is no judgment, settlement agreement,
order, injunction, decree or regulatory restriction (other than those of general application that apply to similarly situated
companies or their Subsidiaries) imposed upon Rand, its Subsidiary or the assets of Rand or its Subsidiary.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c) The
SBIC Subsidiary is licensed to operate as a Small Business Investment Company (&ldquo;<B><I>SBIC</I></B>&rdquo;) by the SBA. The
SBIC Subsidiary&rsquo;s SBIC license is in good standing with the SBA and no adverse regulatory findings contained in any examination
report prepared by the SBA regarding the SBIC Subsidiary are outstanding or unresolved.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d) Rand
and its Subsidiary hold all Permits necessary for the lawful conduct of their respective businesses, and have complied with and
are not in default in any respect under any, Permit or applicable Law, except for such failures, non-compliance or defaults that
would not, individually or in the aggregate, have a Material Adverse Effect on Rand.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.10 <U>Taxes
and Tax Returns</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) Each
of Rand and its Subsidiary (i) has duly and timely filed (including all applicable extensions) all federal, state, local and foreign
income and other material Tax Returns required to be filed by it on or prior to the date of this Agreement and all such Tax Returns
are accurate and complete, (ii) has paid all Taxes shown thereon as due and (iii) has duly paid or made provision for the payment
of all Taxes that have been incurred or are due or claimed to be due from it by the IRS or any other federal, state, foreign or
local taxing authorities other than Taxes that are not yet delinquent or are being contested in good faith, have not been finally
determined and have been adequately reserved against under GAAP. There are no material disputes pending, or written claims asserted,
for Taxes or assessments upon Rand or its Subsidiary for which Rand does not have reserves that are adequate under GAAP. Neither
Rand nor its Subsidiary is a party to or is bound by any Tax sharing, allocation or indemnification agreement or arrangement (other
than such an agreement or arrangement exclusively between or among Rand and its Subsidiary as described in Section 4.10(a) of
the Rand Disclosure Schedule).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) Rand
and its Subsidiary have complied in all material respects with all Laws relating to the payment and withholding of Taxes and have,
within the time and in the manner prescribed by such Laws, withheld from and paid over all amounts required to be so withheld
and paid over under such Laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c) There
are no Liens for Taxes upon the assets of Rand or its Subsidiary, except for Liens for Taxes not yet due and payable and Liens
for Taxes that are both being contested in good faith and adequately reserved for in accordance with GAAP. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d) Neither
Rand nor its Subsidiary has granted any waiver, extension, or comparable consent regarding the application of the statute of limitations
with respect to any Taxes or Tax Return that is outstanding, nor any request for such waiver or consent has been made.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e) No
Subsidiary of Rand is a &ldquo;specified foreign corporation&rdquo; as defined in Section 965(e) of the Code.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 130; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.11 <U>Employee
Matters</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) Section
4.11(a) of Rand Disclosure Schedule sets forth a true, complete and correct list of each &ldquo;employee benefit plan&rdquo; as
defined in Section 3(3) of ERISA, and each incentive, deferred compensation, paid-time-off, equity-based, phantom equity, severance,
separation, termination, retention, change-of-control, pension, profit-sharing, retirement, leave of absence, layoff, vacation,
day or dependent care, legal services, cafeteria, life, health, medical, dental, vision, welfare, accident, disability, workmen&rsquo;s
compensation or other insurance, collective bargaining, material fringe benefit, or other similar plan, program, agreement, practice,
policy, arrangement or commitment for the benefit of any employee, former employee, director or former director of Rand or its
Subsidiary (collectively, &ldquo;<B><I>Rand Employees</I></B>&rdquo;), entered into, maintained or contributed to, or required
to be maintained or contributed to by Rand, its Subsidiary or any Person that, together with Rand or its Subsidiary, is treated
as a single employer under Section 414(b), (c), (m) or (o) of the Code, (each such Person, an &ldquo;<B><I>ERISA Affiliate</I></B>&rdquo;),
whether written or oral, and whether or not subject to ERISA (such plans, programs, agreements, practices, policies, arrangements
and commitments, herein referred to as the &ldquo;<B><I>Rand Benefit Plans</I></B>&rdquo;). In addition, Section 4.11(a) of Rand
Disclosure Schedule sets forth a true, complete and correct list of each employment agreement or independent contractor agreement
for substantial personal services to which Rand or its Subsidiary is a party, other than oral agreements that can be terminated
on prior notice of 30 days&rsquo; or less, without continuing obligation or penalty (such agreements herein referred to as the
&ldquo;<B><I>Employment Agreements</I></B>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) With
respect to each Rand Benefit Plan, Rand has made available to East true, complete and correct copies of the following (as applicable):
(i) the current written document evidencing such Rand Benefit Plan (including any related trust agreements or other funding arrangements)
and any amendment thereto or, with respect to any such plan that is not in writing, a written description of the material terms
thereof, (ii) the current summary plan description, and all summaries of material modifications thereto, (iii) the two (2) most
recent Form 5500s, annual reports, financial statements and/or actuarial reports, (iv) the most recent IRS determination, opinion
or advisory letter, and (v) all material written communications provided to employees in the last twelve (12) months relating
to such Rand Benefit Plans and all other material written communications with any governmental agency in the last thirty-six (36)
months relating to such Rand Benefit Plans, including any materials relating to any government investigation or audit or any submissions
under any voluntary compliance procedure. Rand has made available to East true, complete and correct copies of any written Employment
Agreements including all amendments thereto and, with respect to any Employment Agreement that is not in writing, a written description
of the material terms thereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c) (i)
Each Rand Benefit Plan (including any related trust) has been maintained, operated and administered (including with respect to
reporting and disclosure) in accordance with its terms in all material respects, (ii) all Rand Benefit Plans are in compliance
with the applicable provisions of ERISA, the Code and all other applicable Laws, including Section 409A of the Code, in each case
in all material respects, (iii) to Rand&rsquo;s knowledge no non-exempt &ldquo;prohibited transaction&rdquo; (as defined in Section
4975 of the Code or Section 406 of ERISA) has occurred with respect to any Rand Benefit Plan which would result in a material
penalty, (iv) all contributions to, and payments from, Rand Benefit Plans have been made in accordance with the terms of Rand
Benefit Plans, ERISA, the Code and all other applicable Laws in all material respects, (v) there are no current or, to Rand&rsquo;s
knowledge, threatened investigations by any Governmental Entity, termination proceedings, or other claims by any Person (except
routine claims for benefits) with respect to Rand Benefit Plans or, to Rand&rsquo;s knowledge, any fiduciary thereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 131; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d) Except
as set forth in Section 4.11(d) of Rand Disclosure Schedule, (i) Rand and its Subsidiary and, to Rand&rsquo;s knowledge, each
other party to each Employment Agreement has duly performed all obligations required to be performed by it to date under such
agreement, and (ii) to Rand&rsquo;s knowledge, no event or condition exists that constitutes or, after notice or lapse of time
or both, will constitute, a breach, violation or default on the part of Rand or its Subsidiary or, to Rand&rsquo;s knowledge,
any other party thereto under any such Employment Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e) Each
Rand Benefit Plan intended to be qualified under Section 401(a) of the Code (including each related trust intended to be exempt
from taxation under Section 501(a) of the Code) has received an IRS determination letter or is comprised of a master and prototype
or volume submitter plan that has received a favorable opinion or advisory letter from the IRS. Since the date of each such determination,
opinion or advisory letter, no event has occurred and no condition exists that could reasonably be expected to result in the revocation
of any such determination, opinion or advisory letter or that could reasonably be expected to result in the loss of the qualified
status of any such Rand Benefit Plan (or the tax-exempt status of any such trust).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f) Except
as set forth on Section 4.11(f) of Rand Disclosure Schedule, no Rand Benefit Plan that is a &ldquo;welfare benefit plan&rdquo;
as defined in Section 3(1) of ERISA (each, a &ldquo;<B><I>Welfare Plan</I></B>&rdquo;) or Employment Agreement provides for continuing
benefits or coverage for any participant or beneficiary or covered dependent of a participant after such participant&rsquo;s termination
of employment, except to the extent required by law. Each Welfare Plan which provides medical, dental, health or long-term disability
benefits (except a flexible spending account) is fully insured and claims with respect to any participant or covered dependent
under such Welfare Plan could not result in any uninsured liability to Rand, its Subsidiary or NEWCO (except a flexible spending
account).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g) Except
as set forth in Section 4.11(g)(i) of Rand Disclosure Schedule, the execution of this Agreement and the Stock Purchase do not
constitute a triggering event under any Rand Benefit Plan, Employment Agreement, policy, arrangement, statement, commitment or
agreement, whether or not legally enforceable, which (either alone or upon the occurrence of any additional or subsequent event)
will or may result in any &ldquo;parachute payment&rdquo; (as defined in Section 280G of the Code). Except as set forth on Section
4.11(g)(ii) of Rand Disclosure Schedule, no Rand Benefit Plan or Employment Agreement provides for the payment of severance, termination,
change-in-control or any similar type of payments or benefits.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.12 <U>Certain
Contracts</U>. (a) Except as set forth in Section 4.12(a) of Rand Disclosure Schedule or as expressly contemplated by this Agreement,
neither Rand nor its Subsidiary is a party to or bound by any Rand Contract that is:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i) a
&ldquo;material contract&rdquo; (as such term is defined in Item 601(b)(10) of Regulation S-K of the SEC) to be performed after
the date of this Agreement that has not been filed or incorporated by reference in the Rand SEC Reports filed prior to the date
hereof or that is material to Rand and its Subsidiary, taken as a whole, or their financial condition or results of operations;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 132; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii) except
with respect to investments set forth in the Rand SEC Reports or any other arrangement regarding a Portfolio Company, a joint
venture, alliance or partnership agreement;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii) other
than any arrangement regarding any Portfolio Company, a loan, guarantee of indebtedness or credit agreement, note, mortgage, indenture
or other binding commitment (other than those between or among Rand and its Subsidiary) relating to indebtedness for borrowed
money in an amount in excess of $25,000 individually;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv) a
non-competition or non-solicitation contract or agreement that purports to limit the manner in which, or the localities in which,
the business of Rand and its Subsidiary, taken as a whole, is conducted or the types of businesses that Rand and its Subsidiary,
taken as a whole, conduct;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v) is
a contract or agreement requiring expenditures by Rand, and/or its Subsidiary in excess of $25,000 in the aggregate on or after
the date of this Agreement or under which Rand and/or its Subsidiary is entitled to receive in excess of $25,000 in the aggregate
on or after the date of this Agreement, in each case, excluding payments received related to Portfolio Company investments; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vi) other
than any arrangement regarding any Portfolio Company, is a contract or agreement relating to the acquisition or disposition of
any business or operations (whether by merger, sale of stock, sale of assets or otherwise) that has not yet been consummated (all
Rand Contracts described in clauses (i) through (vi), collectively the &ldquo;<B><I>Rand Material Contracts</I></B>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) Except
as set forth in Section 4.12(b) of Rand Disclosure Schedule, (i) each Rand Material Contract is valid and binding on Rand or its
Subsidiary and, to the knowledge of Rand, the other parties thereto, enforceable against it in accordance with its terms (subject
to the Bankruptcy and Equity Exception) and is in full force and effect, (ii) Rand and its Subsidiary and, to Rand&rsquo;s knowledge,
each other party thereto has duly performed all obligations required to be performed by it to date under each Rand Material Contract
and (iii) no event or condition exists that constitutes or, after notice or lapse of time or both, will constitute, a breach,
violation or default on the part of Rand or its Subsidiary or, to Rand&rsquo;s knowledge, any other party thereto under any such
Rand Material Contract. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.13 <U>Property;
Investment Securities</U>. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) Except
as set forth on Section 4.13 of the Rand Disclosure Schedule, Rand or its Subsidiary (a) has good and marketable title to all
the properties and assets reflected in the latest audited balance sheet included in such Rand SEC Report as being owned by Rand
or its Subsidiary or acquired after the date thereof (except properties sold or otherwise disposed of since the date thereof in
the ordinary course of business), free and clear of all Liens of any nature whatsoever, except Permitted Liens, and (b) is the
lessee of all leasehold estates reflected in the latest audited financial statements included in such Rand SEC Report or acquired
after the date thereof (except for leases that have expired by their terms since the date thereof), free and clear of all Liens
of any nature whatsoever, except for Permitted Liens, and is in possession of the properties purported to be leased thereunder,
and each such lease is valid without default thereunder by the lessee or, to Rand&rsquo;s knowledge, the lessor.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 133; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) Without
limiting the foregoing Section 4.13(a), each of Rand and its Subsidiary has good title to all securities and investment assets
owned by it, free and clear of any Liens, except (i) for those Liens or restrictions arising under the Organizational Documents
of the issuers of such securities, (ii) to the extent such securities or investment assets are pledged in connection with the
SBA Debentures, (iii) Permitted Liens or (iv) for Liens or restrictions that would not individually or in the aggregate be material
with respect to the value, ownership or transferability of such securities or investment assets.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.14 <U>Intellectual
Property</U>. Rand and its Subsidiary own or have the right to use in the manner currently used all Intellectual Property Rights
material to the respective businesses of Rand and its Subsidiary as now conducted and as described in Rand SEC Reports, and the
expected expiration of any of such Intellectual Property Rights would not be material to Rand and its Subsidiary, taken as a whole.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.15 <U>State
Takeover Laws</U>. The Rand Board has unanimously approved this Agreement and the Stock Purchase as required to render inapplicable
to the Agreement and such transaction the restrictions on &ldquo;business combinations&rdquo; set forth in Section 912 of the
NYBCL or any other &ldquo;moratorium&rdquo;, &ldquo;control share&rdquo;, &ldquo;fair price&rdquo;, &ldquo;takeover&rdquo;, or
&ldquo;interested stockholder&rdquo; law (any such laws, &ldquo;<B><I>Takeover Statute</I></B>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.16 <U>Rand
Information</U>. The information relating to Rand and its Subsidiary that is provided by Rand or its representatives for inclusion
in the Proxy Statement, or in any application, notification or other document filed with any other SRO or Governmental Entity
in connection with the Stock Purchase, will not contain any untrue statement of a material fact or omit to state a material fact
necessary to make the statements therein, in light of the circumstances in which they are made, not misleading. The Proxy Statement
as it relates to Rand and its Subsidiary and other portions within the reasonable control of Rand and its Subsidiary will comply
in all material respects with the provisions of the Exchange Act and the rules and regulations thereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.17 <U>Insurance</U>.
Rand and its Subsidiary maintain, or are covered by, policies of insurance in such amounts and against such risks as are customary
in the industries in which Rand and its Subsidiary operate. Rand and its Subsidiary have paid, or caused to be paid, all premiums
due under all insurance policies of Rand and its Subsidiary and have not received written notice that they are in default with
respect to any material obligations under such policies. Neither Rand nor its Subsidiary has received any written notice of cancellation
or termination with respect to any existing material insurance policy that is held by, or for the benefit of, Rand or its Subsidiary,
other than as would not, individually or in the aggregate, be material to Rand and its Subsidiary, taken as a whole. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 134; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.18 <U>No
Other Representations or Warranties</U>. Except for the representations and warranties contained in this Article IV or any certificate
delivered pursuant to this Agreement, neither Rand nor any other Person on behalf of Rand makes any express or implied representation
or warranty with respect to Rand, its Subsidiary, any investment assets or Portfolio Company, or any other information provided
to East in connection with the Stock Purchase, including the accuracy, completeness or timeliness thereof. Neither Rand nor any
other Person will have or be subject to any claim, liability or indemnification obligation to East, or any other Person resulting
from the distribution or failure to distribute to East, or East&rsquo;s use of, any such information, including any information,
documents, projections, estimates, forecasts or other material made available to East in the electronic data room maintained by
Rand for purposes of the Stock Purchase or management presentations in expectation of the Stock Purchase, unless and to the extent
any such information is expressly included in a representation or warranty contained in this Article IV or in any certificate
delivered pursuant to this Agreement.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="x_005"></A>Article
V</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">REPRESENTATIONS
AND WARRANTIES OF EAST</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Except
as disclosed in East Disclosure Schedule, East hereby represents and warrants to Rand as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.1. <U>Corporate
Organization</U>. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) East
is a limited liability company duly formed, validly existing and in good standing under the laws of the State of Delaware. East
has the requisite limited liability company power and authority to own or lease all of its properties and assets and to carry
on its business as it is now being conducted.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) East
is duly licensed or qualified to do business in each jurisdiction in which the nature of the business conducted by it or the character
or location of the properties and assets owned or leased by it makes such licensing or qualification necessary, except where the
failure to be so licensed or qualified would not, individually or in the aggregate, have a Material Adverse Effect on East.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.2. <U>Authority;
No Violation</U>. (a) East has full limited liability company power and authority to execute and deliver this Agreement and to
consummate the Stock Purchase. The execution and delivery of this Agreement and the consummation of the Stock Purchase have been
duly and validly approved by East. No other limited liability company or other proceedings on the part of East are necessary to
approve the Stock Purchase. This Agreement has been duly and validly executed and delivered by East and (assuming due authorization,
execution and delivery by Rand) constitutes the valid and binding obligations of East, enforceable against East in accordance
with its terms (subject to the Bankruptcy and Equity Exception).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) Neither
the execution and delivery of this Agreement by East or the consummation by East of the Stock Purchase, nor compliance by East
with any of the terms or provisions of this Agreement, will (i) violate any provision of East&rsquo;s Organizational Documents,
or (ii) assuming that the consents, approvals and filings referred to in Section 5.3 are duly obtained and/or made, (A) violate
any Laws applicable to East or any of its properties or assets, or (B) except as would not, individually or in the aggregate,
have a Material Adverse Effect on East, violate, conflict with, result in a breach of any provision of or the loss of any benefit
under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result
in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the
creation of any Lien upon any of the respective properties or assets of East under, any of the terms, conditions or provisions
of any note, bond, mortgage, indenture, deed of trust, license, lease, franchise, agreement or other instrument or obligation
to which East or any of its Subsidiaries is a party or by which any of them or any of their respective properties or assets is
bound.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 135; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.3. <U>Consents
and Approvals</U>. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) Except
for (i) filings under Section 13(d) and Section 16 of the Exchange Act with the SEC and (ii) compliance with the Investment Company
Act and the rules and regulations promulgated thereunder, no other consents, authorizations, approvals, or exemptions from, or
notices to, or filings with, any Governmental Entity by East are necessary in connection with the execution and delivery by East
of this Agreement or the consummation by East of the Stock Purchase.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) Except
for matters covered in the immediately preceding Section 5.3(a), no consents or approvals of any Person are necessary in connection
with the execution and delivery by East of this Agreement or the consummation by East of the Stock Purchase.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.4. <U>Regulatory
Matters</U>. East is not subject to any cease-and-desist or other order or enforcement action issued by, or is a party to any
written agreement, consent agreement or memorandum of understanding with, or is a party to any commitment letter or similar undertaking
to, or is subject to any order or directive by, or has been ordered to pay any civil money penalty by, or has been a recipient
of any supervisory letter from, or has adopted any policies, procedures or board resolutions at the request or suggestion of,
any SRO or Governmental Entity that currently restricts in any material respect the conduct of its business, or that in any material
manner relates to its credit, risk management or compliance policies, its internal controls, its management or its business, or
would in any way adversely affect the Stock Purchase (each item in this sentence, a &ldquo;<B><I>East Regulatory Agreement</I></B>&rdquo;),
nor has East been advised by any SRO or Governmental Entity that it is considering issuing, initiating, ordering, or requesting
any such East Regulatory Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.5. <U>Broker&rsquo;s
Fees</U>. None of East or any of its Subsidiaries, nor any of their respective officers or directors, has employed any broker
or finder or incurred any liability for any broker&rsquo;s fees, commissions or finder&rsquo;s fees in connection with the Stock
Purchase.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.6. <U>Legal
Proceedings</U>. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) Except
as would not, individually or in the aggregate, have a Material Adverse Effect on East, neither East nor any of its Affiliates
is a party to any, and there are no pending or, to East&rsquo;s knowledge, threatened, legal, administrative, arbitral or other
proceedings, claims, actions, suits or governmental or regulatory investigations of any nature against East or any of its Affiliates
or to which its assets are subject.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) Except
as would not, individually or in the aggregate, have a Material Adverse Effect on East, there is no judgment, settlement agreement,
order, injunction, decree or regulatory restriction imposed upon East or any of its Subsidiaries or any of their respective assets
(or that, upon consummation of the Stock Purchase, would apply to Rand or its Subsidiary). </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 136; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.7. <U>State
Takeover Laws</U>. No Takeover Statute under the laws of the State of Delaware applies to East in connection with the Stock Purchase.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.8. <U>East
Information</U>. The information relating to East that is provided by East or its representatives for inclusion in the Proxy Statement,
or in any application, notification or other document filed with any other SRO or Governmental Entity in connection with the Stock
Purchase, will not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements
therein, in light of the circumstances in which they are made, not misleading. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.9. <U>Sufficiency
of Funds</U>. East has sufficient immediately available funds in cash or cash equivalents, or availability under lines of credit
in effect, in each case as necessary to pay the full amount of the Cash Consideration and any other amounts required to be paid
by East under this Agreement, together with expenses incurred by East or its Affiliates in connection with the preparation, negotiation
and execution of this Agreement and the Stock Purchase, and to effect the consummation of the Stock Purchase.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.10. <U>No
Arrangements with Management or Stockholders</U>. Other than this Agreement, as of the date hereof, there are no binding contracts,
undertakings, commitments, agreements or obligations or understandings, whether written or oral, between East or any of its Affiliates,
on the one hand, and any member of Rand&rsquo;s management or Rand Board, or any Rand Stockholder, on the other hand, relating
to the Stock Purchase.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.11. <U>Securities
Laws Matters</U>. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) East
is an &ldquo;Accredited Investor&rdquo; as defined in Rule 501(a) of Regulation D promulgated under the Securities Act. East agrees
to furnish any additional information requested by Rand to assure compliance with applicable U.S. federal and state securities
laws in connection with the Stock Purchase. The Purchased Shares will be acquired by East for its own account for investment purposes,
not as a nominee or agent, and not with a view to or in connection with the public sale or public distribution of any part thereof,
without prejudice, however, subject to East&rsquo;s right at all times to sell or otherwise dispose of all or any part of the
Purchased Shares at any time pursuant to an effective registration statement under the Securities Act and applicable state securities
laws, or under an exemption from such registration available under the Securities Act and other applicable state securities laws.
East is not acting as an agent, representative, intermediary, nominee, derivative counterparty or in a similar capacity for any
other Person, nominee account or beneficial owner, whether a natural person or entity.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) East
understands that Purchased Shares are restricted securities within the meaning of Rule 144 under the Securities Act; and that
Purchased Shares are not registered and must be held indefinitely unless they are subsequently registered or an exemption from
such registration is available.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c) East
is able to bear the economic risk of holding the Purchased Shares for an indefinite period (including total loss of its investment),
and has sufficient knowledge and experience in financial and business matters so as to be capable of evaluating the merits and
risk of its investment in the Purchased Shares.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 137; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d) East
further understands that (i) each certificate representing Purchased Shares shall be stamped or otherwise imprinted with a legend
substantially in the following form or (ii) with respect to any Purchased Shares held in book entry form, Rand shall cause its
transfer agent to apply a legend substantially in the following form to such Purchased Shares:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">THE
SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE &ldquo;ACT&rdquo;), OR
UNDER THE SECURITIES LAWS OF ANY STATES. THESE SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE AND NEITHER
THE SECURITIES NOR ANY INTEREST THEREIN MAY BE OFFERED, SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF EXCEPT AS PERMITTED
UNDER THE ACT AND THE APPLICABLE STATE SECURITIES LAWS, PURSUANT TO AN EFFECTIVE REGISTRATION OR AN EXEMPTION FROM REGISTRATION
WHICH, IN THE OPINION OF COUNSEL REASONABLY SATISFACTORY TO RAND, IS AVAILABLE. INVESTORS SHOULD BE AWARE THAT THEY MAY BE REQUIRED
TO BEAR THE FINANCIAL RISKS OF THIS INVESTMENT FOR AN INDEFINITE PERIOD OF TIME. THE SECURITIES REPRESENTED HEREBY ARE SUBJECT
TO A SHAREHOLDER AGREEMENT, DATED AS ________, BY AND BETWEEN EAST ASSET MANAGEMENT, LLC AND RAND CAPITAL CORPORATION, A COPY
OF WHICH IS ON FILE WITH RAND CAPITAL CORPORATION.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
legend set forth above shall be removed by Rand from any certificate evidencing Purchased Shares upon delivery to Rand of an opinion
by counsel, reasonably satisfactory to Rand, that a registration statement under the Securities Act is at that time in effect
with respect to the legend security or that such security can be freely transferred in a public sale without such a registration
statement being in effect and that such transfer will not jeopardize the exemption or exemptions from registration pursuant to
which Rand issued the shares of Rand Common Stock to East.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.12. <U>Certain
Regulatory Matters</U>. As of the date of this Agreement, East is not, and as of the Closing Date, East will not be, (i) relying
on Section 3(c)(1) or Section 3(c)(7) of the Investment Company Act for an exclusion from the definition of &ldquo;investment
company&rdquo; under the Investment Company Act or (ii) otherwise required to be registered as an &ldquo;investment company&rdquo;
under the Investment Company Act.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.13. <U>Contributed
Investment Assets; Title to Contributed Investment Assets</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) Except
as set forth in Section 5.13(a) of the East Disclosure Schedule, East is the sole owner and holder of the Contributed Investment
Assets and East has good and marketable title and all legal and beneficial ownership interest in and to all of the Contributed
Investment Assets, free and clear of any Liens (but subject to the Contributed Loan Documents and Liens arising under applicable
Law). Except as set forth in Section 5.13(a) of East Disclosure Schedule, none of the Contributed Loans are subject to a participation
or other participating or other interest of any nature whatsoever pursuant to which East has, or prior to the Closing Date will
have, participated its interests (or sold a participating or other interest) in such Contributed Loan. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 138; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) Except
as set forth in Section 5.13(b) of East Disclosure Schedule, there are no actions, suits, claims or proceedings pending in which
one of the Borrowers has (i) filed, or consented (by answer or otherwise) to the filing against it, of a petition for relief under
any bankruptcy or insolvency law of any jurisdiction, (ii) made an assignment for the benefit of its creditors, (iii) consented
to the appointment of a custodian, receiver, trustee, liquidator or other judicial officer with similar power over itself or any
substantial part of its property, (iv) been adjudicated by a court to be insolvent, or (v) taken corporate or other entity action
for the purpose of authorizing any of the foregoing. Neither East nor, to East&rsquo;s knowledge, any Borrower is in breach of
or under default pursuant to the terms, conditions or provisions of, any Contributed Loan Documents. No event or condition exists
that constitutes or, after notice or lapse of time or both, will constitute, a breach, violation or default on the part of East
or any of its Subsidiaries or, to East&rsquo;s knowledge, any other party thereto under any Contributed Loan Document. There are
no disputes pending or, to East&rsquo;s knowledge, threatened with respect to any Contributed Loan Document.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c) Except
as set forth in Section 5.13(c) of the East Disclosure Schedule, each Contributed Loan complies in all material respects, and
did comply as of the date on which it was originated, with applicable Laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d) The
obligations of each Borrower with respect to the applicable Contributed Loans are not subject to any right of rescission, setoff,
counterclaim or defense, including the defense of usury, and the operation of any of the terms of any of the Contributed Loan
Documents, or the exercise of any right thereunder, will not render such Contributed Loan Document unenforceable in whole or in
part or subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and East has not
received written notice of the assertion of any such right of rescission, setoff, counterclaim or defense asserted with respect
thereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e) Complete
and correct copies of all the Contributed Loan Documents and Contributed Loan Files, including all material modifications, amendments
and supplements thereto, have been made available to Rand prior to the date hereof. Except as set forth in such documents or files
provided to Rand, (1) the Contributed Loan Documents (A) have not been modified in any material respect, satisfied or canceled
in whole or in part (except for repayments occurring after the date of the Contributed Loan Schedule), or subordinated to any
other indebtedness of the applicable Borrower and (B) are not subject to any release or compliance waiver that is currently in
effect as to any provision thereof (or, if such release or compliance waiver exists, was made available to Rand), and (2) except
to the extent permitted under the terms of the applicable Contributed Loan Documents, (I) no underlying obligor with respect to
the Contributed Loan Documents has been released from liability, and (II) no Contributed Loan Collateral has been released from
the Liens granted under the Contributed Loan Documents. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f) None
of the Contributed Loan Notes has any marks or notations indicating that it has been pledged, assigned or otherwise conveyed to
any Person. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 139; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g) As
of the date hereof, except as set forth on Section 5.13(g) of the East Disclosure Schedule, no Contributed Loan is more than thirty
(30) days delinquent in the payment of interest or principal therein.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(h) Each
Contributed Loan Document to which East is a party constitutes the legal, valid and binding obligations of East and, to the knowledge
of East, each Borrower party thereto, enforceable against East and, to the knowledge of East, each Borrower party thereto, in
accordance with their respective terms (subject to the Bankruptcy and Equity Exception).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i) The
Contributed Loan Schedule is accurate in all material respects.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(j) Except
as set forth in Section 5.13(j) of the East Disclosure Schedule, no Consent of any Person is required to sell, assign, transfer,
convey, contribute or deliver, or in connection with selling, assigning, transferring, conveying, contributing or delivering,
a Contributed Investment Asset to Rand pursuant to the Stock Purchase.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="x_006"></A>Article
VI</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">COVENANTS
RELATING TO CONDUCT OF BUSINESS</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.1. <U>Conduct
of Businesses Prior to the Closing</U>. Except as expressly contemplated by or permitted by this Agreement or with the prior written
consent of the other Party, during the period from the date of this Agreement to the Closing Date, (a) Rand shall, and shall cause
its Subsidiary to, (i) conduct its business in the ordinary course, as such business is being conducted as of the date hereof,
(ii) use reasonable best efforts to maintain and preserve intact its business organization and advantageous business relationships
and retain the services of its key officers and key employees and (iii) not take or omit to take any action that would reasonably
be expected to have a Material Adverse Effect, and (b) both of Rand and East shall, and shall cause each of its respective Subsidiaries
or Affiliates to, take no action that is intended to or would reasonably be expected to adversely affect or delay the ability
of Rand or East either to obtain any necessary approvals of any SRO or Governmental Entity required for the Stock Purchase or
to perform its covenants and agreements under this Agreement or to consummate the Stock Purchase.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.2. <U>Rand
Forbearances</U>. During the period from the date of this Agreement to the Closing Date, except as expressly contemplated or permitted
by this Agreement, or as provided on Section 6.2 to the Rand Disclosure Schedule, Rand shall not, and shall not permit its Subsidiary
to, without the prior written consent of East (which consent shall not be unreasonably withheld, conditioned or delayed):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) other
than in the ordinary course of business consistent with past practice, incur any indebtedness for borrowed money, assume, guarantee,
endorse or otherwise as an accommodation become responsible for the obligations of any other individual, corporation or other
entity, or, make any loan or advance or capital contribution to, or investment in, any Person;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)
adjust, split, combine or reclassify any of its capital stock; </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)
make, declare or pay any dividend, other than (A) any regular quarterly dividend consistent with past practice and (B)
dividends paid by the SBIC Subsidiary to Rand;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

<!-- Field: Page; Sequence: 140; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii) make
any other distribution on, or directly or indirectly redeem, purchase or otherwise acquire, any shares of its capital stock or
any securities or obligations convertible (whether currently convertible or convertible only after the passage of time or the
occurrence of certain events) into or exchangeable for any shares of its capital stock; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv) grant
any stock options or restricted shares under any equity incentive plan of Rand, or grant any individual, corporation or other
entity any right to acquire any shares of its capital stock, or issue any additional shares of capital stock or other securities;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c) except
as required under any Rand Contract or Rand Benefit Plan existing as of the date hereof or as required by applicable Law, (i)
increase in any material manner the compensation or benefits of any of Rand Employees, (ii) become a party to, establish, amend,
commence participation in, terminate or commit itself to the adoption of any Rand Benefit Plan or plan, agreement or arrangement
which would be a Rand Benefit Plan if in effect on the date hereof, or (iii) hire any senior management employee or terminate
the employment of any senior management employee other than for cause;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d) other
than in the ordinary course of business consistent with past practice with respect to securities of Portfolio Companies, sell,
transfer, pledge, lease, license, mortgage, encumber or otherwise dispose of any material amount of its properties or assets (including
pursuant to securitizations) to any individual, corporation or other entity other than a Subsidiary or cancel, release or assign
any material amount of indebtedness to any such Person or any claims held by any such Person, in each case other than pursuant
to contracts in force at the date of this Agreement;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e) other
than the amendment of the Rand Certificate to increase the number of authorized shares of Rand Common Stock as described in Section
7.3(a)(ii), amend the Rand Certificate or the Rand Bylaws or the Organizational Documents of the SBIC Subsidiary, or take any
action to exempt any person or entity (other than East or any of its Subsidiaries) or any action taken by any person or entity
from any Takeover Statute or similarly restrictive provisions of its Organizational Documents;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f) take
any action or willfully fail to take any action that is intended or may reasonably be expected to result in any of the conditions
to the Stock Purchase set forth in Article VIII not being satisfied;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g) incur
any capital expenditures that would exceed $25,000 individually or $75,000 in the aggregate;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(h) commence
or settle any material Claims;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i) amend,
terminate, cancel, renew or agree to any material amendment of, or change in or waiver under any Rand Material Contract;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 141; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(j) make
any material change to its principles, practices or methods of accounting, except (i) as required by GAAP (or any interpretation),
(ii) as required by a change in applicable Law, or (iii) recommended by the audit committee of the Rand Board;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(k) enter
into any material transaction other than in the ordinary course of business consistent with past practice; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(l) agree,
resolve to or commit to do, or publicly announce an intention to do, any of the foregoing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.3. <U>East
Forbearances</U>. During the period from the date of this Agreement to the Closing Date, except as expressly contemplated or permitted
by this Agreement, or as provided on Section 6.3 to the East Disclosure Schedule, East shall not, and shall not permit any of
its Subsidiaries to, without the prior written consent of Rand (which consent shall not be unreasonably withheld, conditioned
or delayed):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) sell,
transfer, pledge, lease, license, mortgage, encumber or otherwise dispose of any Contributed Investment Asset to any individual,
corporation or other entity other than a Subsidiary or cancel, release or assign, or sell or transfer a participating or other
interest in, any material amount of indebtedness under a Contributed Loan;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) take
any action or willfully fail to take any action that is intended or may reasonably be expected to result in any of the conditions
to the Stock Purchase set forth in Article VIII not being satisfied;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c) commence
or settle any material Claims relating to the Contributed Investment Assets;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d) amend,
terminate, cancel, renew or agree to any material amendment of, or change in or waiver under any, Contributed Loan Document; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e) agree,
resolve to or commit to do, or publicly announce an intention to do, any of the foregoing.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Article
VII</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="x_007"></A>ADDITIONAL
AGREEMENTS</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.1. <U>Regulatory
and Other Matters</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) The
Parties shall cooperate with each other and use their respective commercially reasonable efforts to promptly prepare and file
all necessary documentation, to effect all applications, notices, petitions and filings, to obtain as promptly as practicable
all Permits of all third parties and Governmental Entities and Consents that are necessary or advisable to consummate the Stock
Purchase and defend any lawsuits or other Claims challenging this Agreement or the consummation of the Stock Purchase, and to
comply with the terms and conditions of all such Permits of all such third parties or Governmental Entities. Each of the Parties
shall have the right to review in advance, and, to the extent practicable, each will consult with the other Party on, in each
case subject to applicable Laws relating to the confidentiality of information, all information relating to Rand or East, as the
case may be, and any of their respective Subsidiaries, that appear in any filing made with, or written materials submitted to,
any third party or any Governmental Entity in connection with the Stock Purchase. In exercising the foregoing right, each of the
Parties shall act reasonably and as promptly as reasonably practicable. The Parties shall consult with each other with respect
to the obtaining of all Permits of all third parties and Governmental Entities necessary or advisable to consummate the Stock
Purchase and each Party will keep the other apprised of the status of matters relating to completion of the Stock Purchase.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 142; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->31<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) Without
in any way limiting the foregoing Section 7.1(a), as promptly as reasonably practicable after the date of this Agreement, Rand
shall prepare (with East&rsquo;s reasonable cooperation), and use its commercially reasonable efforts to file, as soon as reasonably
practicable following the date of this Agreement, the preliminary Proxy Statement with the SEC. No filing of, or amendment or
supplement to, the Proxy Statement as it relates to East or the Stock Purchase will be made by Rand without providing East a reasonable
opportunity to review and comment thereon, which comments Rand will consider for inclusion in good faith. In connection with the
foregoing, each of East and Rand shall, upon request, furnish, and cause its accountants and other agents and service providers
to furnish to the other and the other&rsquo;s agents, all information concerning itself, its Subsidiaries, members, managers,
directors, officers and stockholders and such other matters as may be reasonably necessary or advisable in connection with the
Proxy Statement. Rand will advise East promptly after it receives any oral or written request by the SEC for amendment of the
Proxy Statement or comments thereon and responses thereto or requests by the SEC for additional information, in each case to the
extent related to East or the Stock Purchase, and will promptly provide East with copies of any written communication from the
SEC or any state securities commission and a reasonable opportunity to participate in the responses thereto. If, at any time prior
to the Closing Date, any information relating to Rand or East, or any of their respective Affiliates, officers or directors, should
be discovered by Rand or East that should be set forth in an amendment or supplement to the Proxy Statement, so that the Proxy
Statement would not contain any misstatement of a material fact or omit to state any material fact necessary to make the statements
therein, in light of the circumstances under which they were made, not misleading, the Party that discovers such information shall
promptly notify the other Party hereto and an appropriate amendment or supplement describing such information shall promptly be
filed with the SEC and, to the extent required under applicable Law, disseminated to Rand Stockholders; provided that the delivery
of such notice and the filing of any such amendment or supplement shall not affect or be deemed to modify any representation or
warranty made by either Party hereunder or otherwise affect the remedies available hereunder to either Party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c) Promptly
following the date hereof, Rand shall inform the SBA of the Stock Purchase take such actions in accordance with SBA regulations
and guidelines, and make such filings, as may be reasonably necessary to obtain the SBA&rsquo;s approval and/or consent of the
continued effectiveness of the SBA licenses held by Rand or the SBIC Subsidiary (the &ldquo;<B><I>SBA Approval</I></B>&rdquo;)
or to receive confirmation that SBA Approval is not required. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 143; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->32<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.2. <U>Access
to Information</U>. (a) Upon reasonable notice and subject to applicable Laws relating to the confidentiality of information,
Rand shall, and shall cause its Subsidiary to, afford to the officers, employees, accountants, counsel, advisors, agents and other
representatives of East, reasonable access, during normal business hours during the period prior to the Closing, to all its properties,
books, contracts, commitments and records, and, during such period, Rand shall, and shall cause its Subsidiary to, make available
to East (i) a copy of each report, schedule, registration statement and other document filed or received by it during such period
pursuant to the requirements of federal securities laws (other than reports or documents that Rand is not permitted to disclose
under applicable Law) and (ii) all other information concerning its business, properties and personnel as East may reasonably
request that is relevant to the Stock Purchase. Neither Rand nor its Subsidiary shall be required to provide access to or to disclose
information where such access or disclosure would jeopardize the attorney-client privilege of Rand or its Subsidiary or contravene
any applicable Law, fiduciary duty or binding agreement entered into prior to the date of this Agreement. The Parties shall make
appropriate substitute disclosure arrangements under circumstances in which the restrictions of the preceding sentence apply.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) Upon
reasonable notice and subject to applicable Laws relating to the confidentiality of information, East shall, and shall cause each
of its Subsidiaries or Affiliates, as applicable, to, afford to the officers, employees, accountants, counsel, advisors, agents
and other representatives of Rand, reasonable access, during normal business hours during the period prior to the Closing, to
all its properties, books, contracts, commitments and records relating to the Contributed Investment Assets and, during such period,
East shall, and shall cause its Subsidiaries or Affiliates, as applicable, to, make available to Rand all information concerning
the Contributed Investment Assets or its business, properties and personnel as Rand may reasonably request that is relevant to
the Stock Purchase. Neither East nor any of its respective Subsidiaries shall be required to provide access to or to disclose
information where such access or disclosure would jeopardize the attorney-client privilege of East or any of its Subsidiaries
or Affiliates, as applicable, or contravene any applicable Law, fiduciary duty or binding agreement entered into prior to the
date of this Agreement. The Parties shall make appropriate substitute disclosure arrangements under circumstances in which the
restrictions of the preceding sentence apply.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c) Rand
shall file all periodic reports required to be filed by it between the date hereof and the Closing. Each such filing shall be
prepared in accordance with the applicable forms, rules and regulations of the SEC and shall satisfy the standard set forth in
Section 4.5(c) for Rand SEC Reports.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d) All
information and materials provided pursuant to this Agreement shall be subject to (i) the provision regarding confidentiality
set forth in Section 8 of the Letter of Intent entered into by and among Rand, East and Callodine Capital Management LP as of
November 1, 2018 and (ii) the Non-Disclosure Agreement entered into by and among Rand, East and Callodine Capital Management LP
as of March 26, 2018 (together, the &ldquo;<B><I>Confidentiality Agreement</I></B>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e) No
investigation by a Party hereto or its representatives shall affect the representations and warranties of the other Party set
forth in this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.3. <U>Rand
Stockholder Approvals</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) Subject
to the earlier termination of this Agreement in accordance with Article IX, as promptly as reasonably practicable following Rand&rsquo;s
receipt of notice from the SEC that the SEC has completed its review of the Proxy Statement, Rand, acting through Rand Board,
shall duly call, give notice of, convene and hold the Rand Stockholder Meeting for the purpose of obtaining the following stockholder
approvals (collectively, such stockholder approvals, the &ldquo;<B><I>Rand Stockholder Approvals</I></B>&rdquo;): </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 144; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->33<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i) approval
and adoption of a proposal to issue Rand Common Stock at a price that is below the then current net asset value per share of the
Rand Common Stock in connection with the Stock Purchase by the 1940 Act Majority and the 1940 Act Majority excluding Rand Common
Stock held by Affiliates of Rand, which, for this purpose, includes Rand&rsquo;s directors, officers, employees and five percent
stockholders in accordance with Section 15 of the Investment Company Act; </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii) approval
and adoption of an amendment to the Rand Certificate to increase the number of shares of authorized Rand Common Stock to 100,000,000
shares of Rand Common Stock by an affirmative vote of holders of a majority of the outstanding shares of Rand Common Stock; and
</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii) approval
and adoption of a proposal to approve, for purposes of complying with NASDAQ listing rules 5635(a) and 5635(b), the Stock Purchase
by affirmative vote of a majority of the votes cast at the Rand Stockholder Meeting.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) In
connection therewith, Rand Board shall be permitted to adjourn, delay or postpone Rand Stockholder Meeting in accordance with
applicable Law (but not beyond the Outside Date) (i) to the extent necessary to allow reasonable additional time for the filing
and mailing of any supplemental or amended disclosure which Rand Board has determined in good faith after consultation with outside
counsel is reasonably likely to be necessary or appropriate under applicable Law and for such supplemental or amended disclosure
to be disseminated and reviewed by Rand Stockholders prior to Rand Stockholder Meeting, (ii) if there are insufficient shares
of Rand Common Stock represented (either in person or by proxy) to constitute a quorum necessary to conduct the business of the
Rand Stockholder Meeting, or (iii) to allow reasonable additional time to solicit additional proxies to the extent Rand Board
or any committee thereof reasonably believes necessary in order to obtain Rand Stockholder Approvals and the Rand Board determines
that such delay or postponement is consistent with its fiduciary duties. Unless the Rand Board has made an Adverse Recommendation
Change, Rand shall, through Rand Board, make the Rand Board Recommendation, and shall include such Rand Board Recommendation in
the Proxy Statement, and use its commercially reasonable efforts to (x) solicit from Rand Stockholders proxies in favor of the
Rand Stockholder Approvals, and (y) take all other action necessary or advisable to secure the Rand Stockholder Approvals.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c) Except
as expressly permitted in Section 7.7(e), the Rand Board shall not (i) withhold, withdraw or modify or qualify, or propose publicly
to withhold, withdraw or modify or qualify, in a manner adverse to East, the Rand Board Recommendation, (ii) fail to reaffirm
the Rand Board Recommendation or fail to publicly state that the Stock Purchase and this Agreement are in the best interests of
the Rand Stockholders, within fifteen (15) Business Days after East requests in writing that such action be taken, (iii) fail
to publicly announce, within fifteen (15) Business Days after a tender offer or exchange offer relating to the securities of Rand
shall have been commenced, a statement disclosing that the Rand Board recommends rejection of such tender offer or exchange offer,
(iv) take or resolve to take any other action or make any other statement in connection with the Rand Stockholder Meeting inconsistent
with the Rand Board Recommendation or (v) approve, determine to be advisable, or recommend, or propose publicly to approve, determine
to be advisable, or recommend, any Competing Proposal (any of the foregoing (i) through (v) being referred to as an &ldquo;<B><I>Adverse
Recommendation Change</I></B>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 145; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->34<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.4. <U>Indemnification;
Directors&rsquo; and Officers&rsquo; Insurance</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) In
the event of any threatened or actual Claim, including any such Claim in which any individual who is now, or has been at any time
prior to the date of this Agreement, or who becomes prior to the Closing, a director or officer of Rand or its Subsidiary or who
is or was serving at the request of Rand or its Subsidiary as a director or officer of another Person (the <B><I>&ldquo;Indemnified
Parties&rdquo;</I></B>), is, or is threatened to be, made a party based in whole or in part on, or arising in whole or in part
out of, or pertaining to (i) the fact that he or she is or was a director or officer of Rand or its Subsidiary prior to the Closing
or (ii) this Agreement or the Stock Purchase, whether asserted or arising before or after the Closing, the Parties shall cooperate
and use their commercially reasonable efforts to defend against and respond thereto. All rights to indemnification and exculpation
from liabilities for acts or omissions occurring at or prior to the Closing now existing in favor of any Indemnified Party as
provided in the Organizational Documents, and any existing indemnification agreements set forth in Section 7.4 of the Rand Disclosure
Schedule, shall survive the Stock Purchase as a contractual obligation of Rand and shall continue in full force and effect in
accordance with their terms following the Closing Date, and shall not be amended, repealed or otherwise modified in any manner
that would adversely affect the rights thereunder of such individuals for acts or omissions occurring at or prior to the Closing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) Rand
shall, to the fullest extent permitted by applicable Law, indemnify, defend and hold harmless, and provide advancement of expenses
(subject to an undertaking, in such form as may be required under applicable Law as in effect at the time of the execution thereof,
to reimburse the portion (if any) of any expenses advanced to the Indemnified Party relating to Claims as to which it shall ultimately
be adjudged that the statutory standard of conduct has not been met by the Indemnified Party for entitlement to such indemnification)
to, each Indemnified Party against all losses, claims, damages, costs, expenses, liabilities or judgments or amounts that are
paid in settlement of or in connection with any Claim based in whole or in part on or arising in whole or in part out of the fact
that such Person is or was a director or officer of Rand or its Subsidiary, and pertaining to any matter existing or occurring,
or any acts or omissions occurring, at or prior to the Closing, whether asserted or claimed prior to, or at or after, the Closing
(including matters, acts or omissions occurring in connection with the approval of this Agreement and the consummation of the
Stock Purchase) or taken at the request of East pursuant to Section 7.5 hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c) For
a period of not less than six (6) years from the Closing Date, Rand shall, at its sole cost, either (i) maintain officers&rsquo;
and directors&rsquo; liability insurance covering the individuals serving as officers and directors of Rand or its Subsidiary
immediately prior to the Closing in an amount not less than, and on terms no less favorable in the aggregate to, such officers
and directors of Rand or its Subsidiary than under the directors&rsquo; and officers&rsquo; liability insurance policy maintained
by Rand as of the Closing Date or (ii) cause the individuals serving as officers and directors of Rand or its Subsidiary immediately
prior to the Closing to be covered for a period of six (6) years from the Closing Date by the directors&rsquo; and officers&rsquo;
liability insurance policy maintained by Rand through the purchase of so-called &ldquo;tail&rdquo; insurance (provided that Rand
may substitute therefor policies of at least the same coverage and amounts containing terms and conditions that are not less advantageous
than such policy) with respect to acts or omissions occurring prior to the Closing that were committed by such officers and directors
in their capacity as such. In connection with the foregoing subclause (c)(ii), Rand shall not be required to expend in the aggregate
for the entire six (6)-year period referred to above an amount in excess of 300% of the annual premiums currently paid by Rand
for such insurance.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 146; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->35<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d) The
provisions of this Section 7.4 shall survive the Closing and are intended to be for the benefit of, and shall be enforceable by,
each Indemnified Party and his or her heirs and representatives.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.5. <U>Additional
Agreements</U>. In case at any time after the Closing any further action is necessary or desirable to carry out the purposes of
this Agreement or to vest any Party with full title to all properties, assets, rights, approvals, immunities and franchises of
another Party, the proper officers and directors of each Party and their respective Subsidiaries shall take all such necessary
action as may be reasonably requested by such Party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.6. <U>Advice
of Changes</U>. Each of East and Rand shall promptly advise the other Party of any change or event (i) having or reasonably likely
to have a Material Adverse Effect on it, or (ii) that it believes would or would be reasonably likely to cause or constitute a
breach of any of its representations, warranties or covenants contained in this Agreement that would result in the conditions
to the Closing set forth in Article IX not being satisfied; provided, however, that no such notification shall affect the representations,
warranties, covenants or agreements of the Parties (or remedies with respect thereto) or the conditions to the obligations of
the Parties under this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.7. <U>No
Solicitation</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) Subject
to Section 7.7(d), from and after the date hereof, Rand shall, and shall cause its representatives to, (i) immediately cease and
cause to be terminated any existing solicitation of, or discussions or negotiations relating to any Competing Proposal or any
inquiry, discussion, offer or request that could reasonably be expected to lead to a Competing Proposal and (ii) terminate any
data room access (or other access to diligence) of any Person relating to any Competing Proposal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b) Until
the earlier of the Closing or termination of this Agreement, Rand shall, as promptly as reasonably practicable, and in any event
within two (2) Business Days of receipt by Rand or any of its representatives of any Competing Proposal or any inquiry that could
reasonably be expected to lead to a Competing Proposal that was not solicited in breach of Section 7.7(a), deliver to East a written
notice setting forth: (A) the identity of the Person making such Competing Proposal or inquiry (except to the extent prohibited
by the terms of any confidentiality agreement entered into prior to the date of this Agreement) and (B) the material terms and
conditions of any such Competing Proposal or an unredacted copy of any documents in connection with such Competing Proposal. Rand
shall keep East reasonably informed of any amendment or modification of any such Competing Proposal on a prompt basis, and in
any event within two (2) Business Days.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 147; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->36<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c) Except
as otherwise provided in this Agreement (including Section 7.7(d)), until the earlier of Closing or termination of this Agreement
in accordance with its terms, Rand and its Subsidiary shall not, and Rand shall cause its representatives not to, directly or
indirectly, (i) initiate, solicit, propose, induce or knowingly encourage, facilitate or assist the making of any proposal or
offer that constitutes, or could reasonably be expected to lead to, a Competing Proposal, (ii) engage in negotiations or substantive
discussions with, or furnish any material nonpublic information to, or enter into any agreement, arrangement or understanding
with, any Person relating to a Competing Proposal or any inquiry or proposal that could reasonably be expected to lead to a Competing
Proposal or (iii) approve, endorse or recommend any proposal that constitutes, or could reasonably be expected to lead to, a Competing
Proposal; provided however, that notwithstanding the foregoing, Rand (A) may inform Persons of the provisions contained in this
Section 7.7 and (B) grant a waiver of, or terminate, any &ldquo;standstill&rdquo; or similar obligation of any Person with respect
to Rand in order to allow such Person to confidentially submit a Competing Proposal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d) Notwithstanding
anything to the contrary contained in this Agreement, at any time prior to the date that the Rand Stockholder Approval is obtained,
in the event that Rand (or its representatives on Rand&rsquo;s behalf) receives a Competing Proposal, (i) Rand and its representatives
may contact such Person to clarify the terms and conditions thereof (without the Rand Board being required to make the determination
in clause (ii) of this Section 7.7(d)) and (ii) Rand and the Rand Board and its representatives may engage in negotiations or
substantive discussions with, or furnish any information and other access to, any Person making such Competing Proposal and its
representatives and Affiliates if the Rand Board determines in good faith (after consultation with its outside financial advisors
and legal counsel) that (A) such Competing Proposal either constitutes a Superior Proposal or could reasonably be expected to
lead to a Superior Proposal and (B) failure to consider such Competing Proposal would reasonably be expected to be inconsistent
with the fiduciary duties of the directors of Rand under applicable Law; provided, that (x) such Competing Proposal did not result
from any breach of any of the provisions set forth in this Section 7.7, (y) prior to furnishing any non-public information concerning
Rand, Rand receives from such Person, to the extent such Person is not already subject to a confidentiality agreement with Rand,
a confidentiality agreement containing confidentiality terms that are not less favorable in the aggregate to Rand than those contained
in the Confidentiality Agreement (unless Rand offers to amend the Confidentiality Agreement to reflect such more favorable terms)
(an &ldquo;<B><I>Acceptable Confidentiality Agreement</I></B>&rdquo;) and (z) Rand shall promptly provide or make available to
East any material written non-public information concerning Rand that it provides to such Person given such access that was not
previously made available to East or its representatives concurrently with the delivery of such material non-public information
to such Person. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e) Except
as otherwise provided in this Agreement, (i) the Rand Board shall not effect an Adverse Recommendation Change, and (ii) the Rand
Board shall not approve or recommend, or allow Rand to execute or enter into, any letter of intent, memorandum of understanding
or definitive stock purchase agreement, merger agreement or similar agreement with respect to any Competing Proposal (other than
an Acceptable Confidentiality Agreement); provided however, that notwithstanding anything in this Agreement to the contrary, at
any time prior to the receipt of the Rand Stockholder Approval, the Rand Board may (x) make an Adverse Recommendation Change solely
as a result of an Intervening Event if the Rand Board determines in good faith (after consultation with its outside financial
advisor and legal counsel) that failure to make an Adverse Recommendation Change would reasonably be expected to be inconsistent
with the fiduciary duties of the Rand Board under applicable Law, or (y) if Rand has received a Competing Proposal that the Rand
Board has determined in good faith (after consultation with its outside financial advisor and legal counsel) constitutes a Superior
Proposal, authorize, adopt or approve such Superior Proposal and cause or permit Rand to enter into a definitive agreement with
respect to such Superior Proposal concurrently with the termination of this Agreement in accordance with Section 9.1(f), but in
each case only after providing the Notice of Adverse Recommendation or Notice of Superior Proposal, as applicable, and entering
into good faith negotiations as required by Section 7.7(f). </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 148; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->37<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)
Notwithstanding anything to the contrary in this Agreement, no Adverse Recommendation Change may be made and no termination of
this Agreement pursuant to Section 9.1(f) may be effected, in each case until 5:00 p.m. on fifth (5<SUP>th</SUP>) calendar day
following receipt of written notice from Rand to East advising East that Rand intends to make an Adverse Recommendation Change
(a &ldquo;<B><I>Notice of Adverse Recommendation</I></B>&rdquo;) or terminate this Agreement pursuant to Section 9.1(f) (a &ldquo;<B><I>Notice
of Superior Proposal</I></B>&rdquo;) and specifying the reasons therefor, including, if the basis of the proposed action is a
Superior Proposal, the material terms and conditions of any such Superior Proposal. At the option of East, the Parties shall negotiate
in good faith during such period to amend this Agreement in such a manner that the offer that was determined to constitute a Superior
Proposal no longer constitutes a Superior Proposal. In determining whether to make an Adverse Recommendation Change or in determining
whether a Competing Proposal constitutes a Superior Proposal, the Rand Board shall take into account any revisions to the terms
of this Agreement proposed in writing by East in response to a Notice of Adverse Recommendation, a Notice of Superior Proposal
or otherwise. Any amendment to such Superior Proposal shall require a new Notice of Superior Proposal and Rand shall be required
to comply again with the requirements of this Section 7.7(f); provided, however, that the five (5) calendar day requirement shall
be changed to three (3) calendar days.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)
Notwithstanding the foregoing, nothing in this Agreement shall restrict Rand from taking or disclosing a position contemplated
by Rules 14d-9 or 14e-2(a) under the Exchange Act, or otherwise making disclosure to comply with applicable Law (it being agreed
that a &ldquo;stop, look and listen&rdquo; communication by the Rand Board to Rand Stockholders pursuant to Rule 14d-9(f) under
the Exchange Act or a factually accurate public statement by Rand that describes Rand&rsquo;s receipt, as applicable, of a Competing
Proposal and the operation of this Agreement with respect thereto shall not be deemed to be an Adverse Recommended Change); provided
that the foregoing shall in no way eliminate or modify the effect that any such disclosure or communication would otherwise have
under this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.8.
<U>Takeover Statutes</U>. The Parties shall use their respective commercially reasonable efforts (a) to take all action necessary
so that no Takeover Statute is or becomes applicable to the Stock Purchase, and (b) if any such Takeover Statute is or becomes
applicable to any of the foregoing, to take all action necessary so that the Stock Purchase may be consummated as promptly as
reasonably practicable on the terms contemplated by this Agreement and otherwise to eliminate or minimize the effect of such Takeover
Statute on the Stock Purchase.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.9.
<U>Stockholder Litigation</U>. Between the date of this Agreement and the Closing, Rand shall (a) provide prompt notice to East
of all stockholder litigation relating to this Agreement or the Stock Purchase, and (b) consult with East regarding the defense
and settlement of any litigation outstanding as of the date of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 149; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->38<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.10.
<U>NEWCO Registration as an Investment Adviser</U>. NEWCO shall, and East shall cause NEWCO to, within five (5) Business Days
after receipt of the Rand Stockholder Approvals, file a Form ADV with the SEC and make any other filing with any other Governmental
Entity in order for NEWCO to become registered as an investment adviser under the Investment Advisers Act. NEWCO shall use its
best efforts to, and East cause NEWCO to use its best efforts to, become, and to take any and all actions necessary to avoid or
eliminate each and every impediment or to fulfill each and every requirement under the Investment Advisers Act or other applicable
Law that may be asserted or required by any Governmental Entity so as to become, registered as an investment adviser under the
Investment Advisers Act as promptly as possible after receipt of the Rand Stockholder Approvals.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.11.
<U>No Material Change to Management Agreements</U>. Between the date of this Agreement and the Closing Date, Rand shall not, without
the written consent of East, amend, modify or alter, or agree to amend, modify or alter, either or both of the Management Agreements
in any manner that deviates from the forms of Management Agreements attached to this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="x_008"></A>Article
VIII<BR>
CONDITIONS PRECEDENT</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.1.
<U>Conditions to Each Party&rsquo;s Obligation To Effect the Stock Purchase</U>. The respective obligations of the Parties to
effect the Stock Purchase shall be subject to the satisfaction at or prior to the Closing of the following conditions:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
<U>Stockholder Approvals</U>. Rand Stockholder Approvals shall have been obtained.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
<U>Externalization</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)
<U>Approval of Investment Advisory Agreement</U>. The Investment Advisory Agreement shall have been (1) approved and adopted by
the Rand Board in accordance with Section 15 of the Investment Company Act and the Rand Board shall have recommended that the
Rand Stockholders approve the Investment Management Agreement at a meeting of the Rand Stockholders, and (2) approved by the 1940
Act Majority in accordance with Section 15 of the Investment Company Act.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)
<U>Delivery of Management Agreements</U>. Each of the Management Agreements shall have been duly and validly executed and delivered
by Rand and (assuming due authorization, execution and delivery by NEWCO) shall constitute the valid and binding obligations of
Rand, enforceable against Rand in accordance with their respective terms.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)
<U>Registration of Adviser</U>. NEWCO shall be registered as an investment adviser under the Investment Advisers Act.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 150; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->39<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)
<U>Rand Employees</U>. Rand shall deliver evidence reasonably satisfactory to East that (1) each Employment Agreement has been
terminated effective as of immediately prior to the Externalization and no payments have been or will be made under such Employment
Agreements by Rand or any other party in connection with such termination, and (2) each Rand Employee has been terminated or otherwise
resigned effective as of immediately prior to the Externalization.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)
<U>Rand Benefit Plans</U>. Rand shall have delivered evidence reasonably satisfactory to East that each Rand Benefit Plan has
been terminated effective as of immediately prior to the Externalization and no payments have been or will be made under such
Rand Benefit Plans by Rand or any other party in connection with such termination.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
<U>No Injunctions or Restraints; Illegality</U>. No order, injunction or decree issued by any court or agency of competent jurisdiction
or other law preventing or making illegal the consummation of the Stock Purchase shall be in effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)
<U>No Governmental Entity Litigation</U>. There shall be no pending suit, action or proceeding by any Governmental Entity (i)
challenging the Stock Purchase, seeking to restrain or prohibit the consummation of the Stock Purchase or seeking to obtain from
Rand or East any damages that are material in relation to Rand and its Subsidiary taken as a whole, or (ii) seeking to prohibit
NEWCO or any of its Affiliates from effectively becoming the external investment adviser of Rand and its Subsidiary.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)
<U>SBA Matters</U>. Unless (i) Rand shall have received the SBA Approval or (ii) the SBA has provided confirmation to Rand that
no approval from the SBA is required, in a manner that would allow the SBA Debentures to remain outstanding in accordance with
their respective terms, Rand shall have delivered evidence to East of the payoff of, or the escrowing of funds in an amount sufficient
to payoff, the SBA Debentures in accordance with SBA regulations.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.2.
<U>Conditions to Obligations of East</U>. The obligations of East to effect the Stock Purchase is also subject to the satisfaction,
or waiver by East, at or prior to the Closing, of the following conditions:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
<U>Representations and Warranties</U>. Subject to the standard set forth in Section 8.4, and without giving effect to the impact
of the Closing, the representations and warranties of Rand set forth in this Agreement shall be true and correct as of the date
of this Agreement and as of the Closing as though made on and as of the Closing (except that representations and warranties that
by their terms speak specifically as of the date of this Agreement or another date shall be true and correct as of such date);
and East shall have received a certificate signed on behalf of Rand by the Chief Executive Officer or the Chief Financial Officer
of Rand to the foregoing effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
<U>Performance of Obligations of Rand</U>. Rand shall have performed in all material respects all obligations required to be performed
by it under this Agreement at or prior to the Closing Date; and East shall have received a certificate signed on behalf of Rand
by the Chief Executive Officer or the Chief Financial Officer of Rand to such effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 151; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->40<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
<U>No Material Adverse Effect</U>. Since the date of this Agreement, no Material Adverse Effect with respect to Rand, or occurrence,
change, event, effect or development that, individually or in combination with any other occurrence, change, event, effect or
development, is or could reasonably be expected to result in, a Material Adverse Effect with respect to Rand, shall have occurred;
and East shall have received a certificate signed on behalf of Rand by the Chief Executive Officer or the Chief Financial Officer
of Rand to such effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)
<U>Shareholder Agreement</U>. Rand shall have executed and delivered the Shareholder Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.3.
<U>Conditions to Obligations of Rand</U>. The obligation of Rand to effect the Stock Purchase is also subject to the satisfaction
or waiver by Rand at or prior to the Closing of the following conditions:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
<U>Representations and Warranties of East</U>. Subject to the standard set forth in Section 8.4, the representations and warranties
of East set forth in this Agreement shall be true and correct as of the date of this Agreement and as of the Closing as though
made on and as of the Closing (except that representations and warranties that by their terms speak specifically as of the date
of this Agreement or another date shall be true and correct as of such date); and Rand shall have received certificates signed
by an officer of East to the foregoing effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
<U>Performance of Obligations of East</U>. East shall have performed in all material respects all obligations required to be performed
by it under this Agreement at or prior to the Closing, and Rand shall have received a certificate signed by an officer of East
to such effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
<U>Receipt of Consents</U>. Each Consent set forth on Section 5.13(j) of the East Disclosure Schedule shall have been obtained.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)
<U>Delivery of Management Agreements by NEWCO</U>. Each of the Management Agreements shall have been duly and validly executed
and delivered by NEWCO and (assuming due authorization, execution and delivery by Rand) shall constitute the valid and binding
obligations of NEWCO, enforceable against NEWCO in accordance with their respective terms.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)
<U>Shareholder Agreement</U>. East shall have executed and delivered the Shareholder Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.4.
<U>Standard</U>. No representation or warranty of Rand contained in Article IV or of East contained in Article V shall be deemed
untrue, inaccurate or incorrect for purposes of Section 8.2(a) or 8.3(a), as applicable, under this Agreement, as a consequence
of the existence or absence of any fact, circumstance or event unless such fact, circumstance or event, individually or when taken
together with all other facts, circumstances or events inconsistent with any representations or warranties contained in Article
IV, in the case of Rand, Article V, in the case of East, has had or would reasonably be expected to have a Material Adverse Effect
with respect to Rand or East, as applicable (disregarding for purposes of this Section 8.4, except in the case of Section 4.8,
all qualifications or limitations set forth in any representations or warranties as to &ldquo;materiality,&rdquo; &ldquo;Material
Adverse Effect&rdquo; and words of similar import). Notwithstanding the immediately preceding sentence, the representations and
warranties contained in (i) Sections 4.2(a) and (b) shall be deemed untrue and incorrect if not true and correct except to a <I>de
minimis</I> extent (relative to Section 4.2(a) or (b), respectively, taken as a whole), and (ii) Sections 4.1(a), 4.3(a), 4.3(c)(i),
4.7, and 4.15, in the case of Rand, Sections 5.1(a), 5.2(a), 5.2(b)(i), 5.5 and 5.12, in the case of East, shall be deemed untrue
and incorrect if not true and correct in all respects.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 152; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->41<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.5.
<U>Frustration of Closing Conditions</U>. Neither Rand, on the one hand, nor East, on the other hand, may rely on the failure
of any condition set forth in Section 8.1, Section 8.2 or Section 8.3, as applicable, to be satisfied if such failure was primarily
caused by the Party relying on such failure to perform any of its material obligations under this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="x_009"></A>Article
IX<BR>
TERMINATION AND AMENDMENT</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.1.
<U>Termination</U>. This Agreement may be terminated at any time prior to the Closing, whether before or after receipt of the
Rand Stockholder Approvals:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
by mutual consent of Rand and East, in a written instrument duly authorized by Rand and East;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
by either Rand or East, if the Stock Purchase shall not have been consummated on or before November 30, 2019 (the &ldquo;<B><I>Outside
Date</I></B>&rdquo;), unless the failure of the Closing to occur by such date shall be due to the failure of the Party seeking
to terminate this Agreement to perform or observe the covenants and agreements of such Party set forth in this Agreement;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
by either Rand or East, at any time prior to the Closing, in the event that Rand shall have failed to obtain the Rand Stockholder
Approvals at the Rand Stockholder Meeting or any adjournment thereof;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)
by either of Rand or East (provided that the terminating Party is not then in material breach of any representation, warranty,
covenant or other agreement contained herein), if there shall have been a breach of any of the covenants or agreements or any
of the representations or warranties set forth in this Agreement on the part of Rand, in the case of a termination by East, or
of East, in the case of a termination by Rand, which breach, either individually or in the aggregate, would result in, if occurring
or continuing on the Closing Date, the failure of the conditions set forth in Section 8.2 or 8.3, as the case may be, and which
is not cured within 30 days following written notice to the Party committing such breach or by its nature or timing cannot be
cured within such time period;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)
by East, (i) within ten (10) Business Days after the Rand Board shall have effected an Adverse Recommendation Change prior to
receipt of the Rand Stockholder Approvals, or (ii) in the event the Rand Board has approved, or authorized Rand or its Subsidiary
to enter into, a merger agreement, letter of intent, acquisition agreement, stock purchase agreement or other similar agreement
with respect to a Competing Proposal; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)
by Rand, in the event that:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)
(A) Rand shall have received a Superior Proposal, (B) subject to Rand&rsquo;s obligations under Section 7.7(f), the Rand Board
shall have authorized Rand to enter into a definitive agreement to consummate the transaction contemplated by such Superior Proposal,
and (C) concurrently with the termination of this Agreement, Rand pays East the Termination Fee contemplated by Section 9.4 and
enters into the definitive agreement to consummate the transaction contemplated by such Superior Proposal; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 153; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->42<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)
the Rand Board shall have effected an Adverse Recommendation Change in accordance with the terms of Section 7.7.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Party desiring to terminate this Agreement pursuant to clause (b), (c), (d), (e) or (f) of this Section 9.1 shall give written
notice of such termination to the other Party in accordance with Section 10.2, specifying the provision or provisions hereof pursuant
to which such termination is effected.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.2.
<U>Effect of Termination</U>. In the event of termination of this Agreement by any of Rand or East, as provided in Section 9.1,
this Agreement shall become void and have no effect, and none of Rand or East, any of their respective Subsidiaries or any of
the officers or directors of any of them shall have any liability of any nature whatsoever under this Agreement, or in connection
with the Stock Purchase, except that (i) Sections 7.2(d), 9.2, 9.3, 9.4 and Article X shall survive any termination of this Agreement,
and (ii) except as provided in Section 10.9(c), neither Rand nor East shall be relieved or released from any liabilities or damages
arising out of its knowing and intentional breach of any provision of this Agreement. For all purposes of this Agreement, &ldquo;knowing
and intentional breach&rdquo; means an act or failure to act undertaken by the breaching party who had actual knowledge that,
and intention that, such party&rsquo;s act or failure to act would result in or constitute a breach of the Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.3.
<U>Fees and Expenses</U>. All fees and expenses incurred in connection with the Stock Purchase shall be paid by the Party incurring
such fees or expenses.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.4.
<U>Termination Fee</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
In the event that this Agreement is terminated pursuant to Section 9.1(e) or Section 9.1(f) then, provided that East was not in
material breach of its representations, warranties, covenants or agreements hereunder at the time of termination, Rand will pay
to East, or to its designee within (x) two (2) Business Days in the event of termination pursuant to Section 9.1(e) or (y) immediately
prior to the time of termination by Rand in the event of termination pursuant to Section 9.1(f), a fee in an amount equal to the
East Expenses of up to $750,000 (such amount, the &ldquo;<B><I>Termination Fee</I></B>&rdquo;) to an account or accounts designated
in writing by East. The right of East to receive the Termination Fee under this Section 9.4(a) shall be East&rsquo;s sole recourse
in connection with termination of this Agreement pursuant Section 9.1(e) or Section 9.1(f), except in the circumstance where,
at the time of termination of this Agreement under Section 9.1(e) or Section 9.1(f), East had the legal right to terminate this
Agreement under Section 9.1(d) as a result of a knowing and intentional breach of this Agreement by Rand.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 154; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->43<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
In the event that (i) a Competing Proposal shall have been made or proposed to Rand (and publicly disclosed to the Rand Stockholders)
or otherwise publicly announced, (ii) this Agreement is validly terminated by either East or Rand pursuant to Section 9.1(b) or
(c) or is terminated by East pursuant to Section 9.1(d) (as a result of a material breach of any of the representations, warranties,
covenants or other agreements set forth in this Agreement on the part of Rand), and (iii) within twelve (12) months following
the date of such termination, Rand enters into an agreement for or relating to, and consummates, a Competing Proposal, or otherwise
consummates any Competing Proposal (whether or not such Competing Proposal is the same Competing Proposal referred to in clause
(i), but in each case for purposes of this Section 9.4(b), the references to &ldquo;fifteen percent (15%)&rdquo; in the definition
of Competing Proposal shall be deemed references to &ldquo;fifty percent (50%)&rdquo;), Rand will pay to East, or to East&rsquo;s
designee, the Termination Fee within three (3) Business Days of the date on which Rand enters into such agreement or consummates
such Competing Proposal. The right of East to receive the Termination Fee under this Section 9.4(b) shall be East&rsquo;s sole
recourse in connection with termination of this Agreement pursuant to Section 9.1(b), (c) or (d) (as a result of a material breach
of any of the representations, warranties, covenants or other agreements set forth in this Agreement on the part of Rand), except
for termination of this Agreement by East pursuant to Section 9.1(d) as the result of a knowing and intentional breach of this
Agreement by Rand.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
The Parties acknowledge and hereby agree that in no event shall Rand be required to pay a Termination Fee on more than one occasion,
and that only a single Termination Fee, if payable, shall be paid to East.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)
Each of the Parties acknowledges that (i) the agreements contained in this Section 9.4 are an integral part of the Stock Purchase,
(ii) the Termination Fee is not a penalty, but is liquidated damages, in a reasonable amount that will compensate East, in the
circumstances in which the Termination Fee is payable, for the efforts and resources expended and opportunities foregone while
negotiating this Agreement and in reliance on this Agreement and on the expectation of the consummation of the Stock Purchase,
which amount would otherwise be impossible to calculate with precision, (iii) without these agreements, the Parties would not
enter into this Agreement, and (iv) in the event that Rand shall fail to pay the Termination Fee pursuant to this Section 9.4,
when due, and, in order to obtain such payment, East commences a suit that results in a final, non-appealable judgment against
Rand, then Rand shall pay to East costs and expenses (including attorneys&rsquo; fees) in connection with such suit, together
with interest on the Termination Fee at a rate equal to five percent (5%) per annum commencing on the date such payment was required
to be made through the date of payment.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.5.
<U>Amendment</U>. This Agreement may be amended by the Parties at any time before or after receipt of Rand Stockholder Approvals;
provided, however, that after receipt of Rand Stockholder Approvals, there may not be, without further approval of such Rand Stockholders,
any amendment of this Agreement that requires further approval under applicable Law. This Agreement may not be amended except
by an instrument in writing signed on behalf of each of the Parties.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.6.
<U>Extension; Waiver</U>. At any time prior to the Closing, the Parties, by action taken or authorized by East or the Rand Board,
as applicable, may, to the extent legally allowed, (a) extend the time for the performance of any of the obligations or other
acts of the other Party, (b) waive any inaccuracies in the representations and warranties contained in this Agreement of the other
Party or (c) waive compliance with any of the agreements or conditions contained in this Agreement in favor of such Party. Any
agreement on the part of a Party to any such extension or waiver shall be valid only if set forth in a written instrument signed
on behalf of such Party, but such extension or waiver or failure to insist on strict compliance with an obligation, covenant,
agreement or condition shall not operate as a waiver of, or estoppel with respect to, any subsequent or other failure.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 155; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->44<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="x_010"></A>Article
X<BR>
GENERAL PROVISIONS</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.1.
<U>Nonsurvival of Representations, Warranties and Agreements</U>. None of the representations, warranties, covenants and agreements
set forth in this Agreement or in any instrument delivered pursuant to this Agreement shall survive the Closing, except for the
matters set forth in Section 7.4 and for those other covenants and agreements contained in this Agreement that by their terms
apply or are to be performed in whole or in part after the Closing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.2.
<U>Notices</U>. All notices and other communications in connection with this Agreement shall be in writing and shall be deemed
given if delivered personally, sent via facsimile (with confirmation), mailed by registered or certified mail (return receipt
requested) or delivered by an express courier (with confirmation) to the Parties at the following addresses (or at such other
address for a Party as shall be specified by like notice):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
if to Rand, to:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2200
Rand Building</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Buffalo,
New York 14203</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Attention:
Allen F. Grum, Chief Executive Officer</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">e-mail:
pgrum@randcapital.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">with
a copy (which shall not constitute notice) to:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Hodgson
Russ LLP</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Guaranty Building</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">140
Pearl Street, Suite 100<BR>
Buffalo, New York 14202</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Attention:
John J. Zak. Esq.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">e-mail:
jzak@hodgsonruss.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
if to East or NEWCO, to:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7777
NW Beacon Square Blvd.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Boca
Raton, FL 33487</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Attention:
Adam Gusky</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">e-mail:
agusky@emslp.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">with
a copy (which shall not constitute notice) to:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Eversheds
Sutherland (US) LLP</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">700
Sixth St., NW, Suite 700</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Washington,
DC 20001</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Attention:
Cynthia M. Krus, Esq.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">e-mail:
cynthiakrus@eversheds-sutherland.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 156; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->45<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.3.
<U>Interpretation</U>. When a reference is made in this Agreement to Articles, Sections, Exhibits or Schedules, such reference
shall be to an Article or Section of or Exhibit or Schedule to this Agreement unless otherwise indicated. The table of contents
and headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation
of this Agreement. Whenever the words &ldquo;include,&rdquo; &ldquo;includes&rdquo; or &ldquo;including&rdquo; are used in this
Agreement, they shall be deemed to be followed by the words &ldquo;without limitation.&rdquo; Each of the Rand Disclosure Schedule
and East Disclosure Schedule, as well as all other schedules and all exhibits hereto, shall be deemed part of this Agreement and
included in any reference to this Agreement. This Agreement shall not be interpreted or construed to require any person to take
any action, or fail to take any action, if to do so would violate any applicable Law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.4.
<U>Counterparts</U>. This Agreement may be executed in two or more counterparts, all of which shall be considered one and the
same agreement and shall become effective when counterparts have been signed by each of the Parties and delivered to the other
Parties, it being understood that each Party need not sign the same counterpart. Facsimile and electronic signatures (i.e., PDF)
to this Agreement shall be valid and will be deemed to have the same legal effect as an original signed counterpart of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.5.
<U>Entire Agreement</U>. This Agreement (including the documents and the instruments referred to in this Agreement), together
with the Investment Advisory Agreement, the Administration Agreement, the Shareholder Agreement and Confidentiality Agreement,
constitutes the entire agreement and supersedes all prior agreements and understandings, both written and oral, between the Parties
with respect to the subject matter of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.6.
<U>Governing Law; Jurisdiction</U>. This Agreement shall be governed and construed in accordance with the internal laws of the
State of New York applicable to contracts made and wholly-performed within such state, without regard to any applicable conflicts
of law principles. Each of the Parties hereby irrevocably and unconditionally submits, for itself and its property, to the exclusive
jurisdiction of United States District Court for the Western District of New York and, if such court does not have jurisdiction
over such dispute, the Supreme Court of the State of New York located in the County of Erie (including the applicable appellate
courts thereof, collectively, the &ldquo;<B><I>New York Courts</I></B>&rdquo;) in any action or proceeding arising out of or relating
to this Agreement or the agreements delivered in connection herewith or the transactions contemplated hereby or thereby or for
recognition or enforcement of any judgment relating thereto, and each of the Parties hereby irrevocably and unconditionally (i)
agrees not to commence any such action or proceeding except in the applicable New York Court, (ii) agrees that any claim in respect
of any such action or proceeding may be heard and determined in the applicable New York Court, (iii) waives, to the fullest extent
it may legally and effectively do so, any objection that it may now or hereafter have to the laying of venue of any such action
or proceeding in the applicable New York Court, and (iv) waives, to the fullest extent permitted by applicable Law, the defense
of an inconvenient forum to the maintenance of such action or proceeding in the applicable New York Court. Each of the Parties
agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by
suit on the judgment or in any other manner provided by applicable Law. Each Party irrevocably consents to service of process
in the manner provided for by applicable Law. Nothing in this Agreement will affect the right of any party to serve process in
any other manner permitted by applicable Law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 157; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->46<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.7.
<U>Publicity</U>. No Party shall, nor shall they permit any of their respective Affiliates to, issue or cause the publication
of any press release or other public announcement with respect to, or otherwise make any public statement concerning, the Stock
Purchase without the prior consent (which consent shall not be unreasonably withheld) of East, in the case of a proposed announcement
or statement by Rand, or Rand, in the case of a proposed announcement or statement by East; provided, however, that any Party
may, without the prior consent of the other Party (but after prior consultation with the other Party to the extent practicable
under the circumstances) issue or cause the publication of any press release or other public announcement to the extent required
by Law or by the rules and regulations of NASDAQ.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.8.
<U>Assignment; Third Party Beneficiaries</U>. Neither this Agreement nor any of the rights, interests or obligations under this
Agreement shall be assigned by any Party (whether by operation of law or otherwise) without the prior written consent of the other
Parties. Subject to the preceding sentence, this Agreement shall be binding upon, inure to the benefit of and be enforceable by
each of the Parties and their respective successors and assigns. Except as otherwise specifically provided in Section 7.4, this
Agreement (including the documents and instruments referred to in this Agreement) is not intended to and does not confer upon
any person other than the Parties any rights or remedies under this Agreement. Except as provided in Section 7.4 only, the Parties
hereby agree that their respective representations, warranties and covenants set forth herein are solely for the benefit of the
other Parties, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does
not, confer upon any person other than the Parties any rights or remedies hereunder, including, without limitation, the right
to rely upon such representations and warranties set forth herein. The Parties further agree that the rights of third party beneficiaries
under Section 7.4 shall not arise unless and until the Closing occurs. The representations and warranties in this Agreement are
the product of negotiations among the Parties and are for the sole benefit of the Parties. In some instances, the representations
and warranties in this Agreement may represent an allocation among the Parties of risks associated with particular matters regardless
of the knowledge of any of the Parties. Consequently, Persons other than the Parties may not rely upon the representations and
warranties in this Agreement as characterizations of actual facts or circumstances as of the date of this Agreement or as of any
other date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.9.
<U>Remedies</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
Except as otherwise provided in this Agreement, any and all remedies herein expressly conferred upon a Party will be deemed cumulative
with and not exclusive of any other remedy conferred hereby, or by law or equity upon such Party, and the exercise by a Party
of any one remedy will not preclude the exercise of any other remedy.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 158; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->47<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
The Parties hereby agree that irreparable damage would occur in the event that any provision of this Agreement was not performed
in accordance with its specific terms or was otherwise breached, and that money damages or other legal remedies would not be an
adequate remedy for any such damages. Accordingly, the Parties acknowledge and hereby agree that in the event of any breach or
threatened breach of any covenants or obligations set forth in this Agreement, Rand shall be entitled to an injunction or injunctions
to prevent or restrain breaches or threatened breaches of this Agreement and to specifically enforce the terms and provisions
of this Agreement to prevent breaches or threatened breaches of, or to enforce compliance with, the covenants and obligations
of the other under this Agreement. Each Party hereby agrees not to raise any objections to the availability of the equitable remedy
of specific performance to prevent or restrain breaches or threatened breaches of this Agreement, and to specifically enforce
the terms and provisions of this Agreement to prevent breaches or threatened breaches of, or to enforce compliance with, the covenants
and obligations under this Agreement. The Parties further agree that (i) by seeking the remedies provided for in this Section
10.9(b), no Party shall in any respect waive its right to seek any other form of relief that may be available to a Party under
this Agreement (including monetary damages) in the event that this Agreement has been terminated or in the event that the remedies
provided for in this Section 10.9(b) are not available or otherwise are not granted, and (ii) nothing set forth in this Section
10.9(b) shall require any Party to institute any proceeding for (or limit such Party&rsquo;s right to institute any proceeding
for) specific performance under this Section 10.9(b) prior or as a condition to exercising any termination right under Section
9.1 (and pursuing damages after such termination), nor shall the commencement of any legal proceeding pursuant to this Section
10.9(b) or anything set forth in this Section 10.9(b) restrict or limit any Party&rsquo;s right to terminate this Agreement in
accordance with Section 9.1 or pursue any other remedies under this Agreement that may be available then or thereafter.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
Notwithstanding anything to the contrary set in this Section 10.9, the Parties expressly acknowledge and agree that the remedies
set forth in Section 9.4 shall be the sole and exclusive remedies available to East or Rand in the event this Agreement is terminated
under Section 9.1(e) or (f). To the extent East is entitled to receive the Termination Fee, except as otherwise provided in Section
9.4, the receipt of such amounts shall be deemed to be full and final payment for any and all losses or damages suffered or incurred
by East or any of its Affiliates or any other Person in connection with this Agreement (and the termination hereof), the Stock
Purchase (and the abandonment thereof) or any matter forming the basis for such termination, and none of East or any of its Affiliates
or any other Person shall be entitled to bring or maintain any other claim, action or proceeding against Rand or any of its Affiliates
arising out of this Agreement, the Stock Purchase or any matters forming the basis for such termination.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.10.
<U>Waiver of Jury Trial</U>. Each Party acknowledges and agrees that any controversy which may arise under this Agreement is likely
to involve complicated and difficult issues, and therefore each such Party hereby irrevocably and unconditionally waives any right
such Party may have to a trial by jury in respect of any litigation directly or indirectly arising out of or relating to this
Agreement or the Stock Purchase. Each Party certifies and acknowledges that (i) no representative, agent or attorney of any other
Party has represented, expressly or otherwise, that such other Parties would not, in the event of litigation, seek to enforce
the foregoing waiver, (ii) each Party understands and has considered the implications of this waiver, (iii) each Party makes this
waiver voluntarily and (iv) each Party has been induced to enter into this Agreement by, among other things, the mutual waivers
and certifications in this Section 10.10.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>[Signature
page follows]</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 159; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->48<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">IN
WITNESS WHEREOF, the undersigned Parties have caused this Agreement to be executed by their respective officers thereunto duly
authorized as of the date first above written.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>RAND CAPITAL CORPORATION</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; width: 45%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    Allen F. Grum</I></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Allen
F. Grum</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">President
and Chief Executive Officer</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>EAST ASSET MANAGEMENT, LLC</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    Adam Gusky</I></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Adam
    Gusky</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CIO</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>RAND CAPITAL MANAGEMENT LLC</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(solely for purposes of being bound by Sections 7.10 and 10.9(a) and (b))</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    Brian Collins</I></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Brian
Collins</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Managing
Member</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Signature
Page</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>


<!-- Field: Page; Sequence: 160 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Exhibit
A</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ADMINISTRATION
AGREEMENT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">AGREEMENT
(this &ldquo;<B>Agreement</B>&rdquo;) made as of ____________, 2019 (the &ldquo;<B>Effective Date</B>&rdquo;) by and between Rand
Capital Corporation, a New York corporation (hereinafter referred to as the &ldquo;<B>Corporation</B>&rdquo;), and Rand Capital
Management LLC, a Delaware limited liability company (hereinafter referred to as the &ldquo;<B>Administrator</B>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WITNESSETH:</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Corporation is a closed-end investment company that has elected to be treated as a business development company under the
Investment Company Act of 1940, as amended (hereinafter referred to as the &ldquo;<B>Investment Company Act</B>&rdquo;);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Corporation desires to retain the Administrator to provide administrative services to the Corporation in the manner and on
the terms hereinafter set forth; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Administrator is willing to provide administrative services to the Corporation on the terms and conditions hereafter set forth.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NOW,
THEREFORE, in consideration of the premises and the covenants hereinafter contained and for other good and valuable consideration,
the receipt and adequacy of which is hereby acknowledged, the Corporation and the Administrator hereby agree as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.
<U>Duties of the Administrator</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
<U>Employment of Administrator</U>. The Corporation hereby employs the Administrator to act as administrator of the Corporation,
and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject
to review by and the overall control of the Board of Directors of the Corporation, for the period and on the terms and conditions
set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period to render, or arrange
for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses
as provided for below. The Administrator and any such other persons providing services arranged for by the Administrator shall
for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein,
have no authority to act for or represent the Corporation in any way or otherwise be deemed agents of the Corporation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 161 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
<U>Services</U>. The Administrator shall perform (or oversee, or arrange for, the performance of) the administrative services
necessary for the operation of the Corporation. Without limiting the generality of the foregoing, the Administrator shall provide
the Corporation with office facilities, equipment, clerical, bookkeeping, finance, accounting, compliance and record keeping services
at such office facilities and such other services as the Administrator, subject to review by the Board of Directors of the Corporation,
shall from time to time determine to be necessary or useful to perform its obligations under this Agreement. The Administrator
shall also, on behalf of the Corporation, arrange for the services of, and oversee, custodians, depositories, transfer agents,
dividend disbursing agents, other stockholder servicing agents, accountants, attorneys, underwriters, brokers and dealers, corporate
fiduciaries, insurers, banks and such other persons in any such other capacity deemed to be necessary or desirable. The Administrator
shall make reports to the Corporation&rsquo;s Board of Directors of its performance of its obligations hereunder and furnish advice
and recommendations with respect to such other aspects of the business and affairs of the Corporation as it shall determine to
be desirable; <U>provided</U> that nothing herein shall be construed to require the Administrator to, and the Administrator shall
not, in its capacity as Administrator, provide any advice or recommendation relating to the securities and other assets that the
Corporation should purchase, retain or sell or any other investment advisory services to the Corporation. The Administrator shall
be responsible for the financial and other records that the Corporation is required to maintain and shall prepare all reports
and other materials required to be filed with the Securities and Exchange Commission (the &ldquo;<B>SEC</B>&rdquo;) or any other
regulatory authority, including reports to stockholders. The Administrator will provide on the Corporation&rsquo;s behalf significant
managerial assistance to those portfolio companies to which the Corporation is required to provide such assistance. In addition,
the Administrator will assist the Corporation in determining and publishing the Corporation&rsquo;s net asset value, overseeing
the preparation and filing of the Corporation&rsquo;s tax returns, and the printing and dissemination of reports to stockholders
of the Corporation, and generally overseeing the payment of the Corporation&rsquo;s expenses and the performance of administrative
and professional services rendered to the Corporation by others.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.
<U>Records</U>. The Administrator agrees to maintain and keep all books, accounts and other records of the Corporation that relate
to activities performed by the Administrator hereunder and, if required by the Investment Company Act, will maintain and keep
such books, accounts and records in accordance with that act. In compliance with the requirements of Rule 31a-3 under the Investment
Company Act, the Administrator agrees that all records that it maintains for the Corporation shall at all times remain the property
of the Corporation, shall be readily accessible during normal business hours, and shall be promptly surrendered upon the termination
of this Agreement or otherwise on written request. The Administrator further agrees that all records which it maintains for the
Corporation pursuant to Rule 31a-1 under the Investment Company Act will be preserved for the periods prescribed by Rule 31a-2
under the Investment Company Act unless any such records are earlier surrendered as provided above. Records shall be surrendered
in usable machine-readable form. The Administrator shall have the right to retain copies of such records subject to observance
of its confidentiality obligations under this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.
<U>Confidentiality</U>. The parties hereto agree that each shall treat confidentially all information provided by each party to
the other regarding its business and operations. All confidential information provided by a party hereto, including nonpublic
personal information pursuant to Regulation S-P of the SEC, shall be used by any other party hereto solely for the purpose of
rendering services pursuant to this Agreement and, except as may be required in carrying out this Agreement, shall not be disclosed
to any third party, without the prior consent of such providing party. The foregoing shall not be applicable to any information
that is publicly available when provided or thereafter becomes publicly available other than through a breach of this Agreement,
or that is required to be disclosed by any regulatory authority, any authority or legal counsel of the parties hereto, or by judicial
or administrative process or otherwise by applicable law or regulation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 162; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.
<U>Compensation; Allocation of Costs and Expenses</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
In full consideration of the provision of the services of the Administrator, the Corporation shall reimburse the Administrator
for the costs and expenses incurred by the Administrator in performing its obligations and providing personnel and facilities
hereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
The Corporation will bear all costs and expenses that are incurred in its operation and transactions and not specifically assumed
by the Administrator, in its capacity as the Corporation&rsquo;s investment adviser, pursuant to the Investment Advisory and Management
Agreement, dated as of ____________, 2019, between the Corporation and the Administrator (the &ldquo;<B>Advisory Agreement</B>&rdquo;).
Costs and expenses to be borne by the Corporation include, but are not limited to, those relating to: organization; calculating
the Corporation&rsquo;s net asset value (including the cost and expenses of any independent valuation firm); expenses incurred
by the Administrator payable to third parties, including agents, consultants or other advisors, in monitoring financial and legal
affairs for the Corporation and in monitoring the Corporation&rsquo;s investments and performing due diligence on its prospective
portfolio companies; interest payable on debt, if any, incurred to finance the Corporation&rsquo;s investments; offerings of the
Corporation&rsquo;s common stock and other securities; investment advisory and management fees (other than fees (if any) payable
to a sub-advisor retained by the Administrator under the Advisory Agreement); administration fees, if any, payable under this
Agreement; transfer agent and custodial fees; federal and state registration fees; all costs of registration and listing the Corporation&rsquo;s
shares on any securities exchange; federal, state, local and other taxes; independent directors&rsquo; fees and expenses; costs
of preparing and filing reports or other documents required by governmental bodies (including the SEC); costs of any reports,
proxy statements or other notices to stockholders, including printing costs; the Corporation&rsquo;s allocable portion of the
fidelity bond, directors and officers/errors and omissions liability insurance, and any other insurance premiums; direct costs
and expenses of administration, including independent auditors and outside legal costs; and all other expenses incurred by the
Corporation or the Administrator in connection with administering the Corporation&rsquo;s business, including payments under this
Agreement based upon the Corporation&rsquo;s allocable portion of the Administrator&rsquo;s overhead in performing its obligations
under this Agreement, including rent (if office space is provided by the Administrator) and the allocable portion of the cost
of the Corporation&rsquo;s chief financial officer and chief compliance officer and their respective staffs (including travel
expenses).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 163; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.
<U>Limitation of Liability of the Administrator; Indemnification</U>. The Administrator, its members and their respective officers,
managers, partners, agents, employees, controlling persons, members, and any other person or entity affiliated with any of them
(collectively, the &ldquo;<B>Indemnified Parties</B>&rdquo;), shall not be liable to the Corporation for any action taken or omitted
to be taken by the Administrator in connection with the performance of any of its duties or obligations under this Agreement or
otherwise as administrator for the Corporation, and the Corporation shall indemnify, defend and protect the Indemnified Parties
(each of whom shall be deemed a third party beneficiary hereof) and hold them harmless from and against all damages, liabilities,
costs and expenses (including reasonable attorneys&rsquo; fees and amounts reasonably paid in settlement) incurred by the Indemnified
Parties in or by reason of any pending, threatened or completed action, suit, investigation or other proceeding (including an
action or suit by or in the right of the Corporation or its security holders) arising out of or otherwise based upon the performance
of any of the Administrator&rsquo;s duties or obligations under this Agreement or otherwise as administrator for the Corporation.
Notwithstanding the preceding sentence of this Paragraph 5 to the contrary, nothing contained herein shall protect or be deemed
to protect the Indemnified Parties against or entitle or be deemed to entitle the Indemnified Parties to indemnification in respect
of, any liability to the Corporation or its security holders to which the Indemnified Parties would otherwise be subject by reason
of willful misfeasance, bad faith or negligence in the performance of any Indemnified Party&rsquo;s duties or by reason of the
reckless disregard of the Administrator&rsquo;s duties and obligations under this Agreement (to the extent applicable, as the
same shall be determined in accordance with the Investment Company Act and any interpretations or guidance by the SEC or its staff
thereunder).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.
<U>Activities of the Administrator</U>. The services of the Administrator to the Corporation are not exclusive, and the Administrator
and each other person providing services as arranged by the Administrator is free to render services to others. It is understood
that directors, officers, employees and stockholders of the Corporation are or may become interested in the Administrator and
its affiliates, as directors, officers, members, managers, employees, partners, stockholders or otherwise, and that the Administrator
and directors, officers, members, managers, employees, partners and stockholders of the Administrator and its affiliates are or
may become similarly interested in the Corporation as stockholders or otherwise.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.
<U>Duration and Termination of this Agreement</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
This Agreement shall become effective as of the Effective Date, and shall remain in force with respect to the Corporation for
two years from the Effective Date and thereafter continue from year to year, but only so long as such continuance is specifically
approved at least annually by (i) the Board of Directors of the Corporation and (ii) a majority of those members of the Corporation&rsquo;s
Board of Directors who are not parties to this Agreement or &ldquo;interested persons&rdquo; (as defined in the Investment Company
Act) of any such party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
This Agreement may be terminated at any time, without the payment of any penalty, by vote of the Corporation&rsquo;s Board of
Directors, or by the Administrator, upon 60 days&rsquo; advance written notice to the other party. This Agreement may not be assigned
by a party without the consent of the other party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.
<U>Amendments of this Agreement</U>. This Agreement may not be amended or modified except by an instrument in writing signed by
all parties hereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 164; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.
<U>Assignment</U>. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors
and permitted assigns. Neither party may assign, delegate or otherwise transfer this Agreement or any of its rights or obligations
hereunder without the prior written consent of the other party. No assignment by either party permitted hereunder shall relieve
the applicable party of its obligations under this Agreement. Any assignment by either party in accordance with the terms of this
Agreement shall be pursuant to a written assignment agreement in which the assignee expressly assumes the assigning party&rsquo;s
rights and obligations hereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">.
<U>Governing Law</U>. This Agreement shall be governed by, and construed in accordance with, the laws of the State of New York,
including without limitation Sections 5-1401 and 5-1402 of the New York General Obligations Law and New York Civil Practice Law
and Rules, Rule 327(b), and the applicable provisions of the Investment Company Act, if any. To the extent that the applicable
laws of the State of New York, or any of the provisions herein, conflict with the applicable provisions of the Investment Company
Act, if any, the latter shall control. The parties unconditionally and irrevocably consent to the exclusive jurisdiction of the
courts located in the State of New York and waive any objection with respect thereto, for the purpose of any action, suit or proceeding
arising out of or relating to this Agreement or the transactions contemplated hereby.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">.
<U>No Waiver</U>. The failure of either party to enforce at any time for any period the provisions of or any rights deriving from
this Agreement shall not be construed to be a waiver of such provisions or rights or the right of such party thereafter to enforce
such provisions or rights, and no waiver shall be binding unless executed in writing by all parties hereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">.
<U>Severability</U>. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any
law or public policy, all other terms and provisions of this Agreement shall nevertheless remain in full force and effect so long
as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to
any party. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties
hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as
possible in an acceptable manner in order that the transactions contemplated hereby are consummated as originally contemplated
to the greatest extent possible.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">.
<U>Headings</U>. The descriptive headings contained in this Agreement are for convenience of reference only and shall not affect
in any way the meaning or interpretation of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">.
<U>Counterparts</U>. This Agreement may be executed in one or more counterparts (including by facsimile or pdf transmission),
each of which when executed shall be deemed to be an original instrument and all of which taken together shall constitute one
and the same agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">15</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">.
<U>Notices</U>. All notices, requests, claims, demands and other communications hereunder shall be in writing and shall be given
or made (and shall be deemed to have been duly given or made upon receipt) by delivery in person, by overnight courier service
(with signature required), by facsimile, or by registered or certified mail (postage prepaid, return receipt requested) to the
respective parties at their respective principal executive office addresses.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 165; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">.
<U>Entire Agreement</U>. This Agreement constitutes the entire agreement of the parties with respect to the subject matter hereof
and supersedes all prior and contemporaneous agreements and undertakings, both written and oral, between the parties with respect
to such subject matter.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">17</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">.
<U>Certain Matters of Construction</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
The words &ldquo;hereof&rdquo;, &ldquo;herein&rdquo;, &ldquo;hereunder&rdquo; and words of similar import shall refer to this
Agreement as a whole and not to any particular Section or provision of this Agreement, and reference to a particular Section of
this Agreement shall include all subsections thereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
Definitions shall be equally applicable to both the singular and plural forms of the terms defined, and references to the masculine,
feminine or neuter gender shall include each other gender.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
The word &ldquo;including&rdquo; shall mean including without limitation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>[REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK]</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 166; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">IN
WITNESS WHEREOF, the parties hereto have executed and delivered this Agreement as of the date first above written.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><U>CORPORATION</U>:</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; width: 45%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">RAND CAPITAL CORPORATION</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:
    </FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:
    </FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><U>ADMINISTRATOR</U>:</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase">Rand Capital Management LLC</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:
    </FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:
    </FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 167; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Exhibit
B</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">INVESTMENT
ADVISORY AND MANAGEMENT AGREEMENT<BR>
BETWEEN<BR>
RAND CAPITAL CORPORATION<BR>
AND<BR>
RAND CAPITAL MANAGEMENT LLC</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Agreement
made this ___ day of _____________, 2019 (the &ldquo;Effective Date&rdquo;), by and between RAND CAPITAL CORPORATION, a New York
corporation (the &ldquo;Corporation&rdquo;), and RAND CAPITAL MANAGEMENT LLC, a Delaware limited liability company (the &ldquo;Adviser&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Corporation is a closed-end investment company that has elected to be treated as a business development company under the
Investment Company Act of 1940, as amended (the &ldquo;Investment Company Act&rdquo;);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Adviser is an investment adviser that has registered under the Investment Advisers Act of 1940, as amended (the &ldquo;Advisers
Act&rdquo;); and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Adviser will provide investment advisory services to the Corporation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NOW,
THEREFORE, in consideration of the premises and for other good and valuable consideration, the parties hereby agree as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.
<U>Duties of the Adviser.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
The Corporation hereby employs the Adviser to act as the investment adviser to the Corporation and to manage the investment and
reinvestment of the assets of the Corporation during the term of this Agreement, subject to the supervision of the Board of Directors
of the Corporation (the &ldquo;Board&rdquo;), for the period and upon the terms herein set forth,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)
in accordance with the investment objectives, policies and restrictions that are determined by the Corporation&rsquo;s Board of
Directors from time to time and disclosed to the Adviser, including those as set forth in the reports and registration statements
that the Corporation files with the Securities and Exchange Commission (the &ldquo;SEC&rdquo;),</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)
in accordance with any requirements imposed by the provisions of the Investment Company Act and of any rules or regulations in
force thereunder, subject to the terms of any exemptive order applicable to the Corporation, and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)
in accordance with all other applicable federal and state laws, rules and regulations, and the Corporation&rsquo;s certificate
of incorporation and by-laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
Without limiting the generality of the foregoing, the Adviser shall, during the term and subject to the provisions of this Agreement,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 168; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)
determine the composition of the portfolio of the Corporation, the nature and timing of the changes therein and the manner of
implementing such changes,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)
identify, evaluate and negotiate the structure of the investments made by the Corporation,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)
execute, close, service and monitor the Corporation&rsquo;s investments,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)
determine the securities and other assets that the Corporation will purchase, retain, or sell,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)
perform due diligence on prospective portfolio companies or investments, and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vi)
provide the Corporation with such other investment advisory, research and related services as the Corporation may, from time to
time, reasonably require for the investment of its funds.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Adviser shall have the power and authority on behalf of the Corporation to effectuate its investment decisions for the Corporation,
including the execution and delivery of all documents relating to the Corporation&rsquo;s investments and the placing of orders
for other purchase or sale transactions on behalf of the Corporation. In the event that the Corporation determines to incur debt
financing, the Adviser will arrange for such financing on the Corporation&rsquo;s behalf, subject to the oversight and approval
of the Board. If it is necessary for the Adviser to make investments on behalf of the Corporation through a special purpose vehicle,
the Adviser shall have authority to create or arrange for the creation of such special purpose vehicle and to make such investments
through such special purpose vehicle in accordance with the Investment Company Act.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.25in; text-align: justify; text-indent: 10.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
The Adviser hereby accepts such employment and agrees during the term hereof to render the services described herein for the compensation
provided herein.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)
Subject to the requirements of the Investment Company Act, the Adviser is hereby authorized to enter into one or more sub-advisory
agreements with other investment advisers (each, a &ldquo;Sub-Adviser&rdquo;) pursuant to which the Adviser may obtain the services
of the Sub-Adviser(s) to assist the Adviser in providing the investment advisory services required to be provided by the Adviser
under Sections 1(a) and 1(b) of this Agreement. Specifically, the Adviser may retain a Sub-Adviser to recommend specific securities
or other investments based upon the Corporation&rsquo;s investment objectives and policies, and work, along with the Adviser,
in structuring, negotiating, arranging or effecting the acquisition or disposition of such investments and monitoring investments
on behalf of the Corporation, subject to the oversight of the Adviser and the Corporation. The Adviser, and not the Corporation,
shall be responsible for any compensation payable to any Sub-Adviser. Any sub-advisory agreement entered into by the Adviser shall
be in accordance with the requirements of the Investment Company Act and other applicable federal and state law. Nothing in this
subsection (d) will obligate the Adviser to pay any expenses that are the expenses of the Corporation under Section 2.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 169; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)
The Adviser, and any Sub-Adviser, shall for all purposes herein provided each be deemed to be an independent contractor and, except
as expressly provided or authorized herein, shall have no authority to act for or represent the Corporation in any way or otherwise
be deemed an agent of the Corporation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)
The Adviser shall keep and preserve for the period required by the Investment Company Act any books and records relevant to the
provision of its investment advisory services to the Corporation and shall specifically maintain all books and records with respect
to the Corporation&rsquo;s portfolio transactions and shall render to the Board such periodic and special reports as the Board
may reasonably request. The Adviser agrees that all records that it maintains for the Corporation are the property of the Corporation
and will surrender promptly to the Corporation any such records upon the Corporation&rsquo;s request, provided that the Adviser
may retain a copy of such records.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)
The Adviser shall provide to the Board such periodic and special reports as it may request.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.
<U>Corporation&rsquo;s Responsibilities and Expenses Payable by the Corporation</U>. All investment professionals of the Adviser
and its staff, when and to the extent engaged in providing investment advisory services required to be provided by the Adviser
under Sections 1(a) and 1(b), and the compensation of such personnel and the general office and facilities and overhead expenses
incurred by the Adviser in maintaining its place of business allocable to such services, will be provided and paid for by the
Adviser and not by the Corporation. The Corporation will bear all other costs and expenses of its operations and transactions,
including those relating to:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
organization;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
calculating the Corporation&rsquo;s net asset value (including the cost and expenses of any independent valuation firm);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
expenses incurred by the Adviser payable to third parties, including agents, consultants or other advisors, in monitoring financial
and legal affairs for the Corporation and in monitoring the Corporation&rsquo;s investments and performing due diligence on its
prospective portfolio companies;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)
interest payable on debt, if any, incurred to finance the Corporation&rsquo;s investments;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)
offerings of the Corporation&rsquo;s common stock and other securities;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)
investment advisory and management fees payable under this Agreement, which fees shall not include fees (if any) payable to a
Sub-Adviser retained by the Adviser pursuant to Section 1(d);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)
administration fees, if any, payable under the Administration Agreement (the &ldquo;Administration Agreement&rdquo;) between the
Corporation and the Adviser or any successor thereto as the Corporation&rsquo;s administrator;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 170; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(h)
transfer agent and custodial fees;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)
federal and state registration fees;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(j)
all costs of registration and listing the Corporation&rsquo;s shares on any securities exchange;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(k)
federal, state and local taxes;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(l)
independent directors&rsquo; fees and expenses;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(m)
costs of preparing and filing reports or other documents required by governmental bodies (including the SEC);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(n)
costs of any reports, proxy statements or other notices to stockholders, including printing costs;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(o)
the Corporation&rsquo;s allocable portion of the fidelity bond, directors and officers/errors and omissions liability insurance,
and any other insurance premiums;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(p)
direct costs and expenses of administration, including independent auditors and outside legal costs; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(q)
all other expenses incurred by the Corporation or the Advisor in connection with administering the Corporation&rsquo;s business
(including payments under the Administration Agreement based upon the Corporation&rsquo;s allocable portion of the Advisor&rsquo;s
overhead in performing its obligations under the Administration Agreement, including rent and the allocable portion of the cost
of the Corporation&rsquo;s chief financial officer and chief compliance officer and their respective staffs (including travel
expenses)).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.
<U>Compensation of the Adviser</U>. The Corporation agrees to pay, and the Adviser agrees to accept, as compensation for the services
provided by the Adviser hereunder, a base management fee (&ldquo;Base Management Fee&rdquo;) and an incentive fee (&ldquo;Incentive
Fee&rdquo;) as hereinafter set forth. The Corporation shall make any payments due hereunder to the Adviser or to the Adviser&rsquo;s
designee as the Adviser may otherwise direct. To the extent permitted by applicable law, the Adviser may elect, or the Corporation
may adopt a deferred compensation plan pursuant to which the Adviser may elect, to defer all or a portion of its fees hereunder
for a specified period of time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
The Base Management Fee shall be 1.50% per annum of the Corporation&rsquo;s total assets (other than cash or cash equivalents
but including assets purchased with borrowed funds), determined according to procedures duly adopted by the Board. For services
rendered during the period commencing from the Effective Date, through and including the end of the first calendar quarter of
the Corporation&rsquo;s operations after the Effective Date, the Base Management Fee will be payable monthly in arrears. Until
the first calendar quarter of the Corporation&rsquo;s operations after the Effective Date, the Base Management Fee will be calculated
based on the initial value of the Corporation&rsquo;s total assets (other than cash or cash equivalents but including assets purchased
with borrowed funds) after giving effect to the contribution of the loan portfolio as contemplated by the Stock Purchase Agreement,
dated as of January ___, 2019 by and among the Corporation, East Asset Management, LLC and, solely for purposes of being bound
by Sections 7.10 and 10.9(a) and (b) thereof, the Adviser. Subsequently, the Base Management Fee will be calculated based on the
average value of the Corporation&rsquo;s total assets (other than cash or cash equivalents but including assets purchased with
borrowed funds) at the end of the two most recently completed calendar quarters. Base Management Fees for any partial month or
quarter will be appropriately pro-rated.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 171; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
The Incentive Fee shall consist of two parts, as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)
One part (the &ldquo;Income Based Fee&rdquo;) will be calculated and payable quarterly in arrears based on the Pre-Incentive Fee
net investment income for the immediately preceding calendar quarter and shall be payable promptly following the filing of the
Corporation&rsquo;s financial statements for such quarter. &ldquo;Pre-Incentive Fee net investment income&rdquo; means interest
income, dividend income and any other income (including any other fees (other than fees for providing managerial assistance),
such as commitment, origination, structuring, diligence and consulting fees or other fees that the Corporation receives from portfolio
companies) accrued by the Corporation during the relevant calendar quarter, minus the Corporation&rsquo;s operating expenses for
such calendar quarter (including the Base Management Fee, expenses payable under the Administration Agreement, and any interest
expense and dividends paid on any issued and outstanding preferred stock, but excluding any portion of Incentive Fee).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-Incentive
Fee net investment income includes any accretion of original issue discount, market discount, payment-in-kind interest, payment-in-kind
dividends or other types of deferred or accrued income, including in connection with zero coupon securities, that the Corporation
and its consolidated subsidiaries have recognized in accordance with U.S. Generally Accepted Accounting Principles, but have not
yet received in cash (collectively, &ldquo;Accrued Unpaid Income&rdquo;). Pre-Incentive Fee net investment income does not include
any realized capital gains, realized and unrealized capital losses or unrealized capital appreciation or depreciation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.25in; text-align: justify; text-indent: 10.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-Incentive
Fee net investment income, expressed as a rate of return on the value of the Corporation&rsquo;s net assets (defined as total
assets less indebtedness) at the end of the immediately preceding calendar quarter, will be compared to a &ldquo;hurdle rate&rdquo;,
expressed as a rate of return on the value of the Corporation&rsquo;s net assets at the end of the most recently completed calendar
quarter, of 1.75% per quarter (7% annualized). The Corporation will pay the Adviser an Incentive Fee with respect to the Corporation&rsquo;s
Pre-Incentive Fee net investment income in each calendar quarter as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.25in; text-align: justify; text-indent: 10.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 2in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(A)
no Income Based Fee in any calendar quarter in which the Corporation&rsquo;s Pre-Incentive Fee net investment income does not
exceed the hurdle rate;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 2in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 2in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(B)
100.0% of the Corporation&rsquo;s Pre-Incentive Fee net investment income for any calendar quarter with respect to that portion
of such Pre-Incentive Fee net investment income for such calendar quarter, if any, that exceeds the hurdle rate but is less than
2.1875% (8.75% annualized); and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 2in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 172; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 2in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(C)
20.0% of the amount of the Corporation&rsquo;s Pre-Incentive Fee net investment income for any calendar quarter with respect to
that portion of such Pre-Incentive Fee Net Investment Income for such calendar quarter, if any, that exceeds 2.1875% (8.75% annualized).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 2in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">These
calculations will be appropriately pro-rated for any period of less than three months.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notwithstanding
the foregoing, the Income Based Fee paid to the Adviser for any calendar quarter that begins more than two years and three months
after the Effective Date shall not be in excess of the Incentive Fee Cap. The Incentive Fee Cap for any calendar quarter is an
amount equal to (1) 20.0% of the Cumulative Net Return (as defined below) during the Income Based Fee Calculation Period (as defined
below) minus (2) if applicable, the aggregate Income Based Fee that was paid in respect of the calendar quarters prior to such
quarter included in the relevant Income Based Fee Calculation Period.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;Income
Based Fee Calculation Period&rdquo; means, with reference to a calendar quarter, the period of time consisting of such calendar
quarter and the additional quarters that comprise the lesser of (1) the number of quarters immediately preceding such calendar
quarter that began more than two years after the Effective Date or (2) the eleven calendar quarters immediately preceding such
calendar quarter.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;Cumulative
Net Return&rdquo; means (1) the aggregate net investment income in respect of the relevant Income Based Fee Calculation Period
minus (2) any Net Capital Loss, if any, in respect of the relevant Income Based Fee Calculation Period. If, in any quarter, the
Incentive Fee Cap is zero or a negative value, the Corporation pays no Income Based Fee to the Adviser for such quarter. If, in
any quarter, the Incentive Fee Cap for such quarter is a positive value but is less than the Income Based Fee that is payable
to the Adviser for such quarter (before giving effect to the Incentive Fee Cap) calculated as described above, the Corporation
pays an Income Based Fee to the Adviser equal to the Incentive Fee Cap for such quarter. If, in any quarter, the Incentive Fee
Cap for such quarter is equal to or greater than the Income Based Fee that is payable to the Adviser for such quarter (before
giving effect to the Incentive Fee Cap) calculated as described above, the Corporation pays an Income Based Fee to the Adviser
equal to the Income Based Fee calculated as described above for such quarter without regard to the Incentive Fee Cap.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;Net
Capital Loss&rdquo; in respect of a particular period means the difference, if positive, between (1) aggregate capital losses,
whether realized or unrealized, in such period and (2) aggregate capital gains, whether realized or unrealized, in such period.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Any
Income Based Fee otherwise payable under this Section 3(b)(i) with respect to Accrued Unpaid Income (collectively, the &ldquo;Accrued
Unpaid Income Based Fees&rdquo;) shall be deferred, on a security by security basis, and shall become payable only if, as, when
and to the extent cash is received by the Corporation or its consolidated subsidiaries in respect thereof. Any Accrued Unpaid
Income that is subsequently reversed in connection with a write-down, write-off, impairment or similar treatment of the investment
giving rise to such Accrued Unpaid Income will, in the applicable period of reversal, (1) reduce Pre-Incentive Fee net investment
income and (2) reduce the amount of Accrued Unpaid Income Incentive Fees deferred under this paragraph. Subsequent payments of
Accrued Unpaid Income Incentive Fees deferred pursuant to this paragraph shall not reduce the amounts otherwise payable for any
quarter pursuant to this Section 3(b)(i).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 173; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)
The second part of the Incentive Fee (the &ldquo;Capital Gains Fee&rdquo;) will be determined and payable in arrears as of the
end of each calendar year (or upon termination of this Agreement as set forth below), commencing with the calendar year ending
on December 31, 2019, and is calculated at the end of each applicable year by subtracting (1) the sum of the Corporation&rsquo;s
cumulative aggregate realized capital losses and aggregate unrealized capital depreciation from (2) the Corporation&rsquo;s cumulative
aggregate realized capital gains, in each case calculated from the Effective Date. If such amount is positive at the end of such
year, then the Capital Gains Fee for such year is equal to 20.0% of such amount, less the cumulative aggregate amount of Capital
Gains Fees paid in all prior years. If such amount is negative, then there is no Capital Gains Fee payable for such year. If this
Agreement is terminated as of a date that is not a calendar year end, the termination date shall be treated as though it were
a calendar year end for purposes of calculating and paying a Capital Gains Fee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
purposes of this Section 3(b)(ii):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.25in; text-align: justify; text-indent: 10.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
<U>cumulative aggregate realized capital gains</U> are calculated as the sum of the differences, if positive, between (a) the
net sales price of each investment in the Corporation&rsquo;s portfolio when sold and (b) the accreted or amortized cost basis
of such investment.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.25in; text-align: justify; text-indent: 10.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
<U>cumulative aggregate realized capital losses</U> are calculated as the sum of the amounts by which (a) the net sales price
of each investment in the Corporation&rsquo;s portfolio when sold is less than (b) the accreted or amortized cost basis of such
investment.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.25in; text-align: justify; text-indent: 10.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
<U>aggregate unrealized capital depreciation</U> is calculated as the sum of the differences, if negative, between (a) the valuation
of each investment in the Corporation&rsquo;s portfolio as of the applicable Capital Gains Fee calculation date and (b) the accreted
or amortized cost basis of such investment.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.25in; text-align: justify; text-indent: 10.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
accreted or amortized cost basis of an investment shall mean, with respect to an investment owned by the Corporation as of the
Effective Date, the fair value of such investment as set forth in the Corporation&rsquo;s most recently filed Quarterly Report
on Form 10-Q or Annual Report on Form 10-K, as applicable, as filed with the SEC and, with respect to an investment acquired by
the Corporation subsequent to the Effective Date, the accreted or amortized cost basis of such investment as reflected in the
Corporation&rsquo;s financial statements.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.25in; text-align: justify; text-indent: 10.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.
<U>Covenants of the Adviser</U>. The Adviser covenants that it will remain registered as an investment adviser under the Advisers
Act. The Adviser agrees that its activities will at all times be in compliance in all material respects with all applicable federal
and state laws governing its operations and investments.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.
<U>Excess Brokerage Commissions</U>. The Adviser is hereby authorized, to the fullest extent now or hereafter permitted by law,
to cause the Corporation to pay a member of a national securities exchange, broker or dealer an amount of commission for effecting
a securities transaction in excess of the amount of commission another member of such exchange, broker or dealer would have charged
for effecting that transaction, if the Adviser determines in good faith, taking into account such factors as price (including
the applicable brokerage commission or dealer spread), size of order, difficulty of execution, and operational facilities of the
firm and the firm&rsquo;s risk and skill in positioning blocks of securities, that such amount of commission is reasonable in
relation to the value of the brokerage and/or research services provided by such member, broker or dealer, viewed in terms of
either that particular transaction or its overall responsibilities with respect to the Corporation&rsquo;s portfolio, and constitutes
the best net results for the Corporation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 174; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.
<U>Limitations on the Employment of the Adviser</U>. The services of the Adviser to the Corporation are not exclusive, and the
Adviser may engage in any other business or render similar or different services to others including, without limitation, the
direct or indirect sponsorship or management of other investment based accounts or commingled pools of capital, however structured,
having investment objectives similar to those of the Corporation, so long as its services to the Corporation hereunder are not
materially impaired thereby, and nothing in this Agreement shall limit or restrict the right of any member, manager, partner,
officer or employee of the Adviser to engage in any other business or to devote his or her time and attention in part to any other
business, whether of a similar or dissimilar nature, or to receive any fees or compensation in connection therewith (including
fees for serving as a director of, or providing consulting services to, one or more of the Corporation&rsquo;s portfolio companies,
subject to applicable law). So long as this Agreement or any extension, renewal or amendment remains in effect, the Adviser shall
be the only investment adviser for the Corporation, subject to the Adviser&rsquo;s right to enter into sub-advisory agreements.
The Adviser assumes no responsibility under this Agreement other than to render the services called for hereunder. It is understood
that directors, officers, employees and stockholders of the Corporation are or may become interested in the Adviser and its affiliates,
as directors, officers, employees, partners, stockholders, members, managers or otherwise, and that the Adviser and directors,
officers, employees, partners, stockholders, members and managers of the Adviser and its affiliates are or may become similarly
interested in the Corporation as stockholders or otherwise.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.
<U>Responsibility of Dual Directors, Officers and/or Employees</U>. If any person who is a member, manager, partner, officer or
employee of the Adviser is or becomes a director, officer and/or employee of the Corporation and acts as such in any business
of the Corporation, then such member, manager, partner, officer and/or employee of the Adviser shall be deemed to be acting in
such capacity solely for the Corporation, and not as a member, manager, partner, officer or employee of the Adviser under the
control or direction of the Adviser, even if paid by the Adviser.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.
<U>Limitation of Liability of the Adviser&#894; Indemnification</U>. The Adviser, its members and their respective officers, managers,
partners, agents, employees, controlling persons, members and any other person affiliated with any of them (collectively, the
&ldquo;Indemnified Parties&rdquo;), shall not be liable to the Corporation for any action taken or omitted to be taken by the
Adviser in connection with the performance of any of its duties or obligations under this Agreement or otherwise as an investment
adviser of the Corporation, except to the extent specified in Section 36(b) of the Investment Company Act concerning loss resulting
from a breach of fiduciary duty (as the same is finally determined by judicial proceedings) with respect to the receipt of compensation
for services. The Corporation shall indemnify, defend and protect the Indemnified Parties (each of whom shall be deemed a third
party beneficiary hereof) and hold them harmless from and against all damages, liabilities, costs and expenses (including reasonable
attorneys&rsquo; fees and amounts reasonably paid in settlement) incurred by the Indemnified Parties in or by reason of any pending,
threatened or completed action, suit, investigation or other proceeding (including an action or suit by or in the right of the
Corporation or its security holders) arising out of or otherwise based upon the performance of any of the Adviser&rsquo;s duties
or obligations under this Agreement or as an investment adviser of the Corporation. Notwithstanding the foregoing provisions of
this Section 8 to the contrary, nothing contained herein shall protect or be deemed to protect the Indemnified Parties against
or entitle or be deemed to entitle the Indemnified Parties to indemnification in respect of, any liability to the Corporation
or its security holders to which the Indemnified Parties would otherwise be subject by reason of willful misfeasance, bad faith
or gross negligence in the performance of any Indemnified Party&rsquo;s duties or by reason of the reckless disregard of the Adviser&rsquo;s
duties and obligations under this Agreement (as the same shall be determined in accordance with the Investment Company Act and
any interpretations or guidance by the SEC or its staff thereunder).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 175; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.
<U>Confidentiality</U>. The parties hereto agree that each shall treat confidentially all information provided by each party to
the other regarding its business and operations. All confidential information provided by a party hereto, including all &ldquo;nonpublic
personal information,&rdquo; as defined under the Gramm-Leach-Bliley Act of 1999 (Public law 106-102, 113 Stat. 1138), shall be
used by the other party hereto solely for the purpose of rendering services pursuant to this Agreement and, except as may be required
in carrying out this Agreement, shall not be disclosed to any third party, without the prior consent of such providing party,
except that such confidential information may be disclosed to an affiliate or agent of the disclosing party to be used for the
sole purpose of providing the services set forth herein. The foregoing shall not be applicable to any information that is publicly
available or available to the recipient when provided or thereafter becomes publicly available or available to the recipient other
than through a breach of this Agreement, or that is requested by or required to be disclosed to any governmental or regulatory
authority, including in connection with any required regulatory filings or examinations, by judicial or administrative process
or otherwise by applicable law or regulation. Notwithstanding the foregoing, the Corporation hereby consents and authorizes the
Adviser and its affiliates to use and disclose confidential information relating to the Corporation in connection with the preparation
of performance information relating to the Corporation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.
<U>Effectiveness, Duration and Termination of Agreement</U>. This Agreement shall become effective as of the first date above
written. This Agreement shall remain in effect for two years after such date, and thereafter shall continue automatically for
successive annual periods, provided that such continuance is specifically approved at least annually by</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
the vote of the Board, or by the vote of stockholders holding a majority of the outstanding voting securities of the Corporation,
and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
the vote of a majority of the Corporation&rsquo;s Directors who are not parties to this Agreement or &ldquo;interested persons&rdquo;
(as such term is defined in Section 2(a)(19) of the Investment Company Act) of any party to this Agreement, in accordance with
the requirements of the Investment Company Act.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 176; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
Agreement may be terminated at any time, without the payment of any penalty, upon 60 days&rsquo; written notice, by the vote of
stockholders holding a majority of the outstanding voting securities of the Corporation, or by the vote of the Corporation&rsquo;s
Directors or by the Adviser.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
Agreement will automatically terminate in the event of its &ldquo;assignment&rdquo; (as such term is defined for purposes of Section
15(a)(4) of the Investment Company Act). The provisions of Section 8 of this Agreement shall remain in full force and effect,
and the Adviser shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding
the termination or expiration of this Agreement as aforesaid, (i) the Adviser shall be entitled to any amounts owed under Section
3 through the date of termination or expiration, and (ii) the obligations set forth in Sections 8 and 9 shall survive the termination
of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.
<U>Amendments of this Agreement</U>. This Agreement may not be amended or modified except by an instrument in writing signed by
all parties hereto, but the consent of the Corporation must be obtained in conformity with the requirements of the Investment
Company Act.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12.
<U>Governing Law</U>. This Agreement shall be governed by, and construed in accordance with, the laws of the State of New York,
including without limitation Sections 5-1401 and 5-1402 of the New York General Obligations Law and New York Civil Practice Law
and Rules, Rule 327(b), and the applicable provisions of the Investment Company Act, if any. To the extent that the applicable
laws of the State of New York, or any of the provisions herein, conflict with the applicable provisions of the Investment Company
Act, if any, the latter shall control. The parties unconditionally and irrevocably consent to the exclusive jurisdiction of the
courts located in the State of New York and waive any objection with respect thereto, for the purpose of any action, suit or proceeding
arising out of or relating to this Agreement or the transactions contemplated hereby.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.
<U>No Waiver</U>. The failure of either party to enforce at any time for any period the provisions of or any rights deriving from
this Agreement shall not be construed to be a waiver of such provisions or rights or the right of such party thereafter to enforce
such provisions, and no waiver shall be binding unless executed in writing by all parties hereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.
<U>Severability</U>. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any
law or public policy, all other terms and provisions of this Agreement shall nevertheless remain in full force and effect so long
as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to
any party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">15.
<U>Headings</U>. The descriptive headings contained in this Agreement are for convenience of reference only and shall not affect
in any way the meaning or interpretation of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.
<U>Counterparts</U>. This Agreement may be executed in one or more counterparts, each of which when executed shall be deemed to
be an original instrument and all of which taken together shall constitute one and the same agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 177; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">17.
<U>Notices</U>. All notices, requests, claims, demands and other communications hereunder shall be in writing and shall be given
or made (and shall be deemed to have been duly given or made upon receipt) by delivery in person, by overnight courier service
(with signature required), by facsimile, or by registered or certified mail (postage prepaid, return receipt requested) to the
respective parties at their respective principal executive office addresses.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">18.
<U>Entire Agreement</U>. This Agreement constitutes the entire agreement of the parties with respect to the subject matter hereof
and supersedes all prior agreements and undertakings, both written and oral, between the parties with respect to such subject
matter.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">19.
<U>Certain Matters of Construction.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
The words &ldquo;hereof&rdquo;, &ldquo;herein&rdquo;, &ldquo;hereunder&rdquo; and words of similar import shall refer to this
Agreement as a whole and not to any particular Section or provision of this Agreement, and reference to a particular Section of
this Agreement shall include all subsections thereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
Definitions shall be equally applicable to both the singular and plural forms of the terms defined, and references to the masculine,
feminine or neuter gender shall include each other gender.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
The word &ldquo;including&rdquo; shall mean including without limitation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.25in; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[THE
REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.25in; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 178; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">IN
WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed on the date above written.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">RAND CAPITAL CORPORATION</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; width: 45%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">RAND CAPITAL MANAGEMENT LLC</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 179; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Exhibit
C</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Contributed
Loan Schedule v.1.23.19</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom; width: 8%; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>Borrower</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>Contributed
                                         Loans to be delivered to Rand </B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>&nbsp;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>(including
        interest rate and maturity date for each)</B></FONT></P></TD>
    <TD STYLE="width: 2%; text-align: center; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%; font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>Original
    Cost Basis</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%; font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>Contributed
    Investment Assets Fair Value </B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%; font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>Outstanding
    unpaid principal amount</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%; font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>Closing
    Date of Financing</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%; font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>Describe
    PIK, if any</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%; font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>PIK
    or interest receivable balance at 1/23/19 if not capitalized loan</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%; font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>Accrued
    unpaid fees or other amounts for each Contributed Loan </B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%; font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>Funding
    Commitment going forward? </B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%; font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>Frequency
    on interest payment and Date of last interest payment received</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>AIKG
                                         LLC</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>&nbsp;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&ldquo;Andretti&rdquo;</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$2,250,000
                                         Term Note at 12% due 12/28/2023</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$2,250,000
    </FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$2,250,000</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$2,250,000</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">12/28/2018</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">4%
    PIK to be issued quarterly in the form of PIK note </FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$19,500.00
                                         interest rec</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">To
    be added prior to Closing </FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Yes,
                                         up to $1,128,000 thru 12/28/2019</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Monthly,</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">(First
        payment due 2/1/ 2019).</FONT></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">4%
    PIK, first PIK Note to be added on 3/31/2019, including 3-day stub period of 2018.</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$6,500.00
    PIK</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">At
    discretion of lender.</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">First
    payment due 2/1/2019.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>Filterworks
                                         Acquisition USA, LLC</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>&nbsp;</B></FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$1,605,000
                                         Subordinated Note at 12% due 12/4/2023</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$1,605,000</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$1,607,497</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$1,607,497</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">11/30/2018</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">2%
    PIK Note to be added to Note balance</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$12,324.14
                                         interest rec</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">To
    be added prior to Closing </FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">No</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Monthly,</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">(First
        payment due 1/1/2019)</FONT></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&ldquo;Filterworks&rdquo;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">2%
    PIK to be added to balance of Note quarterly</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">quarterly.</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$2,054.02
    PIK</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Last
    payment received 12/28/2018. No missed interest payments.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">562.5
    Class A Units</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$562,500</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$562,500</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>HDI
                                         Acquisition LLC</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>&nbsp;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$1,200,000
                                         Term Loan at 12% Due 6/20/2023</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$1,200,000</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$1,224,519</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$1,224,519</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">12/21/2017</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">2%
    PIK Note to be added to Note balance quarterly.</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$9,387.98
                                         interest rec</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">To
    be added prior to Closing </FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">No</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Monthly,</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">(First
        payment due 1/1/2018).</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&ldquo;Hilton
    Displays&rdquo;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">2%
    PIK added to balance of Note quarterly.</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Equity
    value of $300,000 at 12/31/2017 per FY2017 audit.</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$1,564.66
    PIK</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Last
    payment received on 1/2/2019. No missed interest payments.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">30,000
    Class A Units</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$300,000</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>Mattison
                                         Avenue Holdings LLC</B></FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$1,000,000
                                         Promissory Note at 12% due 6/9/2022</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$1,000,000</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$1,015,920</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$1,015,920</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">3/21/2018</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">2%
    PIK added to loan balance quarterly.</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$7,788.72
                                         interest rec</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">To
    be added prior to Closing </FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">No</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Monthly,</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">(First
        payment due 5/1/2018).</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&ldquo;Mattison&rdquo;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">2%
    PIK added to balance of Note quarterly.</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Warrant
    value of $45,817 per 12/31/2017</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$1,298.12
    PIK</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Last
    payment received 1/3/2019. No  missed</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Warrant
    representing 1.43% of the company</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$0</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">interest
    payments.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>Spinesmith
                                         Holdings LLC</B></FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$1,500,000
                                         Term Note at 12.5% due March 15, 2022</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$1,500,000</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Est.
                                         $1,527,155</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Est.
                                         $1,527,155</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">3/15/2017</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">2.5%
                                         PIK added to loan balance quarterly.</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$12,196.03
                                         interest rec</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">To
    be added prior to Closing </FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">No</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Monthly,</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">(First
        payment due 4/15/2017).</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&ldquo;Celling
    Bio&rdquo;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">2.5%
    PIK added to balance of Note quarterly.</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$2,439.21
    PIK</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Last
    payment received on 1/14/2019. No missed interest payments, amended facility in Q3 2018.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>MidGuard
                                         Self Storage Greenville LLC</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"><B>&nbsp;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&ldquo;MidGuard&rdquo;</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$3,400,000
    Promissory Note with 11% IRR due April 21, 2020</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$3,400,000</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$3,010,082</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$3,010,082</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">7/21/2015</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">NA</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$1,321,337</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">To
    be added prior to Closing </FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">No</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Monthly,</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">(Interest
        pay is 7/1/2017 thru 12/1/2019)</FONT></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 180 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Exhibit
D</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>SHAREHOLDER
AGREEMENT </B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">THIS
SHAREHOLDER AGREEMENT is entered into as of ____________, 2019 (this &ldquo;<U>Agreement</U>&rdquo;), by and between Rand Capital
Corporation, a New York corporation (the &ldquo;<U>Company</U>&rdquo;), and East Asset Management, LLC, a Delaware limited liability
company (&ldquo;<U>East</U>&rdquo;) and is effective as of the closing of the transactions contemplated in the Stock Purchase
Agreement (as defined below) (the &ldquo;<U>Contemplated Transactions</U>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Company has entered into a stock purchase agreement with East and, solely for purposes of being bound by Sections 7.10 and
10.9(a) and (b) thereof, Rand Capital Management LLC, dated January 24, 2019 (the &ldquo;<U>Stock Purchase Agreement</U>&rdquo;)
whereby East will contribute cash and assets to the Company in exchange for shares of common stock, par value $0.10 per share,
of the Company (the &ldquo;<U>Common Stock</U>&rdquo;);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
in connection with the Stock Purchase Agreement, the Company and East desire to enter into this Agreement setting forth certain
rights and obligations with respect to the nomination of directors to the Board of Directors of the Company (the &ldquo;<U>Board</U>&rdquo;)
from and after the closing of the Contemplated Transactions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NOW,
THEREFORE, for good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto,
intending to be legally bound, hereby agree as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
1. <U>Definitions</U>. As used in this Agreement, the following terms shall have the meanings ascribed to them below:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<U>Bylaws</U>&rdquo;
means the By-laws of the Company, as may be amended from time to time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<U>Certificate
of Incorporation</U>&rdquo; means the Certificate of Incorporation of the Company, as may be amended from time to time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<U>Interested
Person</U>&rdquo; has the meaning set forth in Section 2(a)(19) of the Investment Company Act.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<U>Investment
Company Act</U>&rdquo; means the Investment Company Act of 1940, as amended.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<U>Person</U>&rdquo;
means any individual, corporation, firm, partnership, joint venture, limited liability company, estate, trust, business association,
organization, governmental entity or other entity.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<U>Shareholders</U>&rdquo;
means holders of shares of Common Stock.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 181; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
2. <U>Board Nomination Rights</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
Upon completion of the Contemplated Transactions, in connection with any annual or special meeting of Shareholders at which directors
shall be elected, until the date on which East ceases to beneficially own more than fifteen percent (15%) of the outstanding Common
Stock, East shall have the right to designate (i) up to two (2) persons, of which at least one (1) of such person is not an Interested
Person of the Company, for nomination by the Board for election to the Board if the Board is composed of fewer than seven (7)
directors or (ii) up to three (3) persons, of which at least one (1) of such person is not an Interested Person of the Company,
for nomination by the Board for election to the Board if the Board is composed of seven (7) or more directors (each person so
designated an &ldquo;<U>East Nominee</U>&rdquo;, and such period during which East is permitted to designate an East Nominee pursuant
to this Section 2(a) being the &ldquo;<U>East Nomination Period</U>&rdquo;). East shall not designate any person to be an East
Nominee who it reasonably believes does not meet the requirements for director nominees as set forth in any applicable policies
of the Company relating to director qualification from time to time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
The Board or, if then constituted, the nominating committee of the Board or any committee performing similar functions (the &ldquo;<U>Nominating
Committee</U>&rdquo;), as applicable, shall promptly and in good faith consider each East Nominee designated pursuant to Section
2(a), applying the same standards as shall be applied for the consideration of other proposed nominees of the Board. If the Board
or the Nominating Committee, as applicable, reasonably determines in writing (which determination shall set forth the reasonable
grounds for such determination) that any East Nominee would not be qualified under any applicable law, rule or regulation to serve
as a director of the Company and fails to approve the nomination of such East Nominee, then East shall be entitled to designate
another person as an East Nominee and the provisions of Section 2 shall apply to such alternate person.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
Subject to the requirements of the Certificate of Incorporation, Bylaws, rules of the stock exchange on which the Common Stock
is then listed or applicable law, vacancies arising through the death, resignation or removal of any East Nominee who was elected
or appointed to the Board pursuant to this Section 2, may be filled by the Board only with a substitute East Nominee designated
by East (which East Nominee shall be subject to review by the Board or Nominating Committee, as applicable, under the standards
set forth in Section 2(b)), and the director so chosen shall hold office until the next election or until his or her successor
is duly elected and qualified, or until his or her earlier death, resignation or removal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)
During the East Nomination Period, the Company shall, at least 45 days prior to the expected mailing date, (i) notify East in
writing of the date on which the proxy statement in connection with an election of directors at an annual or special meeting of
Shareholders is expected to be first mailed by the Company and (ii) provide a form of prospective director questionnaire eliciting
information of a type customarily provided by directors or prospective directors in connection with the director nomination process
(each a &ldquo;<U>D&amp;O Questionnaire</U>&rdquo;) to be completed by each East Nominee. Following receipt of such Company notice,
East shall, within 15 days after the date of the Company&rsquo;s notice, (i) deliver a written notice to the Company setting forth
the name and address of each East Nominee and (ii) provide a completed and signed D&amp;O Questionnaire from each East Nominee.
The Company shall provide each East Nominee with a reasonable opportunity to review and provide comments on any portion of the
proxy materials relating to such East Nominee. The Company shall incorporate reasonable comments from each such East Nominee in
the proxy materials relating to such matters.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 182; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)
In the event the Shareholders fail to elect an East Nominee to the Board at any annual or special meeting of Shareholders at which
directors are elected, (i) East shall designate another person as an East Nominee and the provisions of Section 2 shall apply
to such alternate person and (ii) subject to the requirements of Certificate of Incorporation, Bylaws, rules of the stock exchange
on which the Common Stock is then listed or applicable law, the Board shall reasonably promptly elect such alternate East Nominee
to any such vacancy on the Board resulting from the Shareholders failure to elect an East Nominee to the Board at any annual or
special meeting of Shareholders at which directors shall be elected. For the avoidance of doubt, in no event shall the Board be
required to appoint or elect an East Nominee to the Board if the Shareholders fail to elect to such East Nominee to the Board
at such annual or special meeting of Shareholders at which directors are elected.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)
The Company agrees that at all times during the East Nomination Period (i) subject to rules of the stock exchange on which the
Common Stock is then listed or applicable law, the Bylaws and the Certificate of Incorporation shall accommodate, be subject to,
and shall not in any way conflict with, East&rsquo;s rights and obligations set forth herein and (ii) the Company shall not enter
into any other agreements or understandings that in any way conflict with East&rsquo;s rights and obligations set forth herein.
The Company further agrees that it shall not enter into any agreements or understandings with any Shareholder (other than any
agreement equally applicable to all Shareholders) without prior notice to East; provided, that the Company shall provide to East
(x) a substantially final copy of any such agreements or understandings no later than five (5) business days prior to the signing
of such agreements or understandings and (y) a fully executed copy of such agreement promptly following its execution (unless
such executed agreement is available on the Securities and Exchange Commission&rsquo;s EDGAR filing system).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)
During the East Nomination Period, in the event that (i) the Board has increased the size of the Board to seven (7) or more directors
from the current size of six (6) directors and (ii) East subsequently provides a written notice to the Company setting forth the
name and address of an East Nominee and a completed and signed D&amp;O Questionnaire from such East Nominee, not later than the
90th day after the date of the Company&rsquo;s receipt of such written notice, the Board shall, subject to (i) the requirements
of Certificate of Incorporation, Bylaws, rules of the stock exchange on which the Common Stock is then listed or applicable law
and (ii) review by the Board or Nominating Committee, as applicable, of such East Nominee under the standards set forth in Section
2(b), elect such East Nominee to the Board to fill the vacancy created by the increased Board size such that there will be three
(3) East Nominees on the Board.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 183; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(h)
During the East Nomination Period, East hereby agrees that (i) the method set forth in this Section 2 shall be the exclusive means
for East to designate, nominate, seek to designate or seek to nominate, as applicable, any person for election as a director to
the Board and (ii) it shall not, directly or indirectly, make use of, or otherwise seek to avail itself of, any other rights or
means to designate, nominate, seek to designate or seek to nominate, as applicable, any person for election as a director to the
Board, including pursuant to any rights available to any Shareholder under the Certificate of Incorporation, Bylaws or applicable
law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)
The East Nomination Period shall be adjusted to the extent East&rsquo;s ownership of the outstanding Common Stock falls below
15% solely as a result of a sale or other issuance of Common Stock by the Company. In the event of any sale or issuance by the
Company that would have the effect of causing East&rsquo;s beneficial ownership of the outstanding Common Stock to fall below
15%, the 15% threshold set forth in Section 2(a) above shall be reduced by a percentage equal to the percentage by which East&rsquo;s
ownership of the Common Stock was reduced as a result of such sale or issuance by the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
3. <U>Miscellaneous</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
<U>Effective Date</U>. This Agreement shall become effective upon the closing date of the Contemplated Transactions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
<U>Applicable Law</U>. This Agreement shall be construed in accordance with and governed by the laws of the State of New York
without regard to principles of conflict of laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
<U>Certain Adjustments</U>. The provisions of this Agreement shall apply to the full extent set forth herein with respect to any
and all shares of capital stock of the Company or any successor or assign of the Company (whether by merger, consolidation, sale
of assets or otherwise) which may be issued in respect of, in exchange for, or in substitution for the shares of Common Stock,
by combination, recapitalization, reclassification, merger, consolidation or otherwise and the term &ldquo;Common Stock&rdquo;
shall include all such other securities.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)
<U>Enforcement</U>. Each of the parties hereto acknowledges and agrees that irreparable injury to the other party hereto would
occur in the event any of the provisions of this Agreement were not performed in accordance with its specific terms or were otherwise
breached, and that such injury would not be adequately compensable in damages. It is accordingly agreed that East, on the one
hand, and the Company, on the other hand, shall each be entitled to specific enforcement of, and injunctive relief to prevent
any violation of, the terms hereof and the other party hereto will not take any action, directly or indirectly, in opposition
to the party seeking relief on the grounds that any other remedy is available at law or in equity, and each party further agrees
to waive any requirement for the security or posting of any bond in connection with such remedy. Such remedies, shall be cumulative
and not exclusive, and shall be in addition to any other remedy which any party hereto may have.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 184; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)
<U>Successors and Assigns</U>. This Agreement may not be assigned, whether outright or by operation of law, by any party hereto
without the prior written consent of the non-assigning party. Subject to the foregoing, this Agreement shall be binding upon the
parties hereto, their heirs, executors, personal representatives, successors, and assigns.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)
<U>Entire Agreement; Termination</U>. This Agreement contains the entire understanding among the parties hereto and supersedes
all prior written or oral agreements among them respecting the within subject matter, unless otherwise provided herein. There
are no representations, agreements, arrangements or understandings, oral or written, among the parties hereto relating to the
subject matter of this Agreement that are not fully expressed herein. This Agreement may be terminated at any time by written
consent of all of the parties hereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)
<U>Dispute Resolution</U>. Any dispute, controversy or claim arising out of, or in connection with, this Agreement, or the breach
thereof, shall be settled by binding arbitration administered by the American Arbitration Association in accordance with its commercial
arbitration rules then in effect. Claims shall be heard by a single arbitrator selected by the American Arbitration Association.
The arbitration shall be conducted on an expedited basis and the place of arbitration shall be Buffalo, New York. The arbitration
shall be subject to, and the arbitrator shall have the powers and rights afforded by, the rules of the American Arbitration Association.
The arbitration shall be governed by the laws of the State of New York. The decision of such arbitrator, including any award of
attorneys&rsquo; fees and costs, if any, may be entered in any court having thereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(h)
<U>Notices</U>. All notices and demands under this Agreement and other communications required to be delivered pursuant to this
Agreement, shall be in writing or by facsimile, with a copy via email (which shall not constitute notice hereunder), and shall
be deemed to have been duly given if delivered personally or by overnight courier or if mailed by certified mail, return receipt
requested, postage prepaid, or sent by facsimile, to the following addresses (or to such other address as the party entitled to
notice shall hereafter designate in accordance with the terms hereof):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
to the Company:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Rand
Capital Corporation</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2200
Rand Building</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Buffalo,
New York 14203</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Attn:
Allen F. Grum, Chief Executive Officer</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">e-mail:
pgrum@randcapital.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 185; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">with
a copy (which shall not constitute notice) to:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Hodgson
Russ LLP</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Guaranty Building</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">140
Pearl Street, Suite 100</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Buffalo,
New York 14202</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Attention:
John J. Zak. Esq.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">e-mail:
jzak@hodgsonruss.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
to East:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">East
Asset Management, LLC</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7777
NW Beacon Square Blvd.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Boca
Raton, FL 33487</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Attention:
Adam Gusky</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">e-mail:
agusky@emslp.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">with
a copy (which shall not constitute notice) to:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Eversheds
Sutherland (US) LLP</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">700
Sixth St., NW, Suite 700</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Washington,
DC 20001</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Attention:
Cynthia M. Krus, Esq.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">e-mail:
cynthiakrus@eversheds-sutherland.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">All
such notices shall be effective: (i) if delivered personally, when received (with written confirmation of receipt), (ii) if sent
by overnight courier, when receipted for, (iii) if mailed by registered or certified mail (return receipt requested), three (3)
days after being mailed as described above, (iv) upon transmission by facsimile if a customary confirmation of delivery is received
during normal business hours and, if not, the next business day after confirmation of delivery is received and (v) if sent by
electronic mail transmission, at the time of confirmation of transmission if received during normal business hours and, if not,
the next business day after confirmation of transmission.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)
<U>Waiver</U>. No consent or waiver, express or implied, by any party to, or of any breach or default by another party in the
performance of, this Agreement shall be construed as a consent to or waiver of any subsequent breach or default in the performance
by such other party of the same or any other obligations hereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(j)
<U>Counterparts</U>. This Agreement may be executed in several counterparts, which shall be treated as originals for all purposes,
and all counterparts so executed shall constitute one agreement, binding on all the parties hereto, notwithstanding that not all
the parties are signatory to the original or the same counterpart. Any such counterpart shall be admissible into evidence as an
original hereof against the Person who executed it. Facsimile and electronic signatures (i.e., PDF) to this Agreement shall be
valid and will be deemed to have the same legal effect as an original signed counterpart of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 186; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(k)
<U>Headings</U>. The headings in this Agreement are for convenience of reference only and shall not limit or otherwise affect
the meaning of terms contained herein.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(l)
<U>Invalidity of Provision</U>. The invalidity or unenforceability of any provision of this Agreement in any jurisdiction shall
not affect the validity or enforceability of the remainder of this Agreement in that jurisdiction or the validity or enforceability
of this Agreement, including that provision, in any other jurisdiction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(m)
<U>Amendments and Waivers</U>. The provisions of this Agreement may be modified or amended at any time and from time to time,
and particular provisions of this Agreement may be waived or modified, with and only with an agreement or consent in writing signed
by each of the parties hereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(n)
<U>Further Assistance</U>. The parties hereto shall execute and deliver all documents, provide all information and take or refrain
from all such action as may be necessary or appropriate to achieve the purposes of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(o)
<U>No Third-Party Beneficiaries</U>. This Agreement is not intended to, and does not, confer upon any Person other than the parties
hereto any rights or remedies.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[<I>Remainder
of Page Intentionally Left Blank</I>]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 187; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">IN
WITNESS WHEREOF this Agreement has been signed by each of the parties hereto, and shall be effective as of the date first above
written.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>RAND CAPITAL CORPORATION</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; width: 45%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:
    </FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:
    </FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>EAST ASSET MANAGEMENT, LLC</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:
    </FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:
    </FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"></P>

<!-- Field: Page; Sequence: 188 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT>&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U><A NAME="apx_2"></A>Appendix
B</U></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">INVESTMENT
ADVISORY AND MANAGEMENT AGREEMENT</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">BETWEEN</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">RAND
CAPITAL CORPORATION</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">RAND
CAPITAL MANAGEMENT LLC</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Agreement
made this ___ day of _____________, 2019 (the &ldquo;Effective Date&rdquo;), by and between RAND CAPITAL CORPORATION, a New York
corporation (the &ldquo;Corporation&rdquo;), and RAND CAPITAL MANAGEMENT LLC, a Delaware limited liability company (the &ldquo;Adviser&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Corporation is a closed-end investment company that has elected to be treated as a business development company under the
Investment Company Act of 1940, as amended (the &ldquo;Investment Company Act&rdquo;);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Adviser is an investment adviser that has registered under the Investment Advisers Act of 1940, as amended (the &ldquo;Advisers
Act&rdquo;); and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Adviser will provide investment advisory services to the Corporation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NOW,
THEREFORE, in consideration of the premises and for other good and valuable consideration, the parties hereby agree as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.
<U>Duties of the Adviser.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
The Corporation hereby employs the Adviser to act as the investment adviser to the Corporation and to manage the investment and
reinvestment of the assets of the Corporation during the term of this Agreement, subject to the supervision of the Board of Directors
of the Corporation (the &ldquo;Board&rdquo;), for the period and upon the terms herein set forth,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)
in accordance with the investment objectives, policies and restrictions that are determined by the Corporation&rsquo;s Board of
Directors from time to time and disclosed to the Adviser, including those as set forth in the reports and registration statements
that the Corporation files with the Securities and Exchange Commission (the &ldquo;SEC&rdquo;),</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)
in accordance with any requirements imposed by the provisions of the Investment Company Act and of any rules or regulations in
force thereunder, subject to the terms of any exemptive order applicable to the Corporation, and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)
in accordance with all other applicable federal and state laws, rules and regulations, and the Corporation&rsquo;s certificate
of incorporation and by-laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
Without limiting the generality of the foregoing, the Adviser shall, during the term and subject to the provisions of this Agreement,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)
determine the composition of the portfolio of the Corporation, the nature and timing of the changes therein and the manner of
implementing such changes,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 189 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)
identify, evaluate and negotiate the structure of the investments made by the Corporation,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)
execute, close, service and monitor the Corporation&rsquo;s investments,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)
determine the securities and other assets that the Corporation will purchase, retain, or sell,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)
perform due diligence on prospective portfolio companies or investments, and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vi)
provide the Corporation with such other investment advisory, research and related services as the Corporation may, from time to
time, reasonably require for the investment of its funds.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Adviser shall have the power and authority on behalf of the Corporation to effectuate its investment decisions for the Corporation,
including the execution and delivery of all documents relating to the Corporation&rsquo;s investments and the placing of orders
for other purchase or sale transactions on behalf of the Corporation. In the event that the Corporation determines to incur debt
financing, the Adviser will arrange for such financing on the Corporation&rsquo;s behalf, subject to the oversight and approval
of the Board. If it is necessary for the Adviser to make investments on behalf of the Corporation through a special purpose vehicle,
the Adviser shall have authority to create or arrange for the creation of such special purpose vehicle and to make such investments
through such special purpose vehicle in accordance with the Investment Company Act.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
The Adviser hereby accepts such employment and agrees during the term hereof to render the services described herein for the compensation
provided herein.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)
Subject to the requirements of the Investment Company Act, the Adviser is hereby authorized to enter into one or more sub-advisory
agreements with other investment advisers (each, a &ldquo;Sub-Adviser&rdquo;) pursuant to which the Adviser may obtain the services
of the Sub-Adviser(s) to assist the Adviser in providing the investment advisory services required to be provided by the Adviser
under Sections 1(a) and 1(b) of this Agreement. Specifically, the Adviser may retain a Sub-Adviser to recommend specific securities
or other investments based upon the Corporation&rsquo;s investment objectives and policies, and work, along with the Adviser,
in structuring, negotiating, arranging or effecting the acquisition or disposition of such investments and monitoring investments
on behalf of the Corporation, subject to the oversight of the Adviser and the Corporation. The Adviser, and not the Corporation,
shall be responsible for any compensation payable to any Sub-Adviser. Any sub-advisory agreement entered into by the Adviser shall
be in accordance with the requirements of the Investment Company Act and other applicable federal and state law. Nothing in this
subsection (d) will obligate the Adviser to pay any expenses that are the expenses of the Corporation under Section 2.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)
The Adviser, and any Sub-Adviser, shall for all purposes herein provided each be deemed to be an independent contractor and, except
as expressly provided or authorized herein, shall have no authority to act for or represent the Corporation in any way or otherwise
be deemed an agent of the Corporation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 190; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)
The Adviser shall keep and preserve for the period required by the Investment Company Act any books and records relevant to the
provision of its investment advisory services to the Corporation and shall specifically maintain all books and records with respect
to the Corporation&rsquo;s portfolio transactions and shall render to the Board such periodic and special reports as the Board
may reasonably request. The Adviser agrees that all records that it maintains for the Corporation are the property of the Corporation
and will surrender promptly to the Corporation any such records upon the Corporation&rsquo;s request, provided that the Adviser
may retain a copy of such records.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)
The Adviser shall provide to the Board such periodic and special reports as it may request.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.
<U>Corporation&rsquo;s Responsibilities and Expenses Payable by the Corporation</U>. All investment professionals of the Adviser
and its staff, when and to the extent engaged in providing investment advisory services required to be provided by the Adviser
under Sections 1(a) and 1(b), and the compensation of such personnel and the general office and facilities and overhead expenses
incurred by the Adviser in maintaining its place of business allocable to such services, will be provided and paid for by the
Adviser and not by the Corporation. The Corporation will bear all other costs and expenses of its operations and transactions,
including those relating to:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
organization;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
calculating the Corporation&rsquo;s net asset value (including the cost and expenses of any independent valuation firm);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
expenses incurred by the Adviser payable to third parties, including agents, consultants or other advisors, in monitoring financial
and legal affairs for the Corporation and in monitoring the Corporation&rsquo;s investments and performing due diligence on its
prospective portfolio companies;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)
interest payable on debt, if any, incurred to finance the Corporation&rsquo;s investments;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)
offerings of the Corporation&rsquo;s common stock and other securities;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)
investment advisory and management fees payable under this Agreement, which fees shall not include fees (if any) payable to a
Sub-Adviser retained by the Adviser pursuant to Section 1(d);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)
administration fees, if any, payable under the Administration Agreement (the &ldquo;Administration Agreement&rdquo;) between the
Corporation and the Adviser or any successor thereto as the Corporation&rsquo;s administrator;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(h)
transfer agent and custodial fees;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)
federal and state registration fees;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 191; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(j)
all costs of registration and listing the Corporation&rsquo;s shares on any securities exchange;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(k)
federal, state and local taxes;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(l)
independent directors&rsquo; fees and expenses;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(m)
costs of preparing and filing reports or other documents required by governmental bodies (including the SEC);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(n)
costs of any reports, proxy statements or other notices to stockholders, including printing costs;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(o)
the Corporation&rsquo;s allocable portion of the fidelity bond, directors and officers/errors and omissions liability insurance,
and any other insurance premiums;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(p)
direct costs and expenses of administration, including independent auditors and outside legal costs; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(q)
all other expenses incurred by the Corporation or the Advisor in connection with administering the Corporation&rsquo;s business
(including payments under the Administration Agreement based upon the Corporation&rsquo;s allocable portion of the Advisor&rsquo;s
overhead in performing its obligations under the Administration Agreement, including rent and the allocable portion of the cost
of the Corporation&rsquo;s chief financial officer and chief compliance officer and their respective staffs (including travel
expenses)).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.
<U>Compensation of the Adviser</U>. The Corporation agrees to pay, and the Adviser agrees to accept, as compensation for the services
provided by the Adviser hereunder, a base management fee (&ldquo;Base Management Fee&rdquo;) and an incentive fee (&ldquo;Incentive
Fee&rdquo;) as hereinafter set forth. The Corporation shall make any payments due hereunder to the Adviser or to the Adviser&rsquo;s
designee as the Adviser may otherwise direct. To the extent permitted by applicable law, the Adviser may elect, or the Corporation
may adopt a deferred compensation plan pursuant to which the Adviser may elect, to defer all or a portion of its fees hereunder
for a specified period of time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
The Base Management Fee shall be 1.50% per annum of the Corporation&rsquo;s total assets (other than cash or cash equivalents
but including assets purchased with borrowed funds), determined according to procedures duly adopted by the Board. For services
rendered during the period commencing from the Effective Date, through and including the end of the first calendar quarter of
the Corporation&rsquo;s operations after the Effective Date, the Base Management Fee will be payable monthly in arrears. Until
the first calendar quarter of the Corporation&rsquo;s operations after the Effective Date, the Base Management Fee will be calculated
based on the initial value of the Corporation&rsquo;s total assets (other than cash or cash equivalents but including assets purchased
with borrowed funds) after giving effect to the contribution of the loan portfolio as contemplated by the Stock Purchase Agreement,
dated as of January ___, 2019 by and among the Corporation, East Asset Management, LLC and, solely for purposes of being bound
by Sections 7.10 and 10.9(a) and (b) thereof, the Adviser. Subsequently, the Base Management Fee will be calculated based on the
average value of the Corporation&rsquo;s total assets (other than cash or cash equivalents but including assets purchased with
borrowed funds) at the end of the two most recently completed calendar quarters. Base Management Fees for any partial month or
quarter will be appropriately pro-rated.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 192; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
The Incentive Fee shall consist of two parts, as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)
One part (the &ldquo;Income Based Fee&rdquo;) will be calculated and payable quarterly in arrears based on the Pre-Incentive Fee
net investment income for the immediately preceding calendar quarter and shall be payable promptly following the filing of the
Corporation&rsquo;s financial statements for such quarter. &ldquo;Pre-Incentive Fee net investment income&rdquo; means interest
income, dividend income and any other income (including any other fees (other than fees for providing managerial assistance),
such as commitment, origination, structuring, diligence and consulting fees or other fees that the Corporation receives from portfolio
companies) accrued by the Corporation during the relevant calendar quarter, minus the Corporation&rsquo;s operating expenses for
such calendar quarter (including the Base Management Fee, expenses payable under the Administration Agreement, and any interest
expense and dividends paid on any issued and outstanding preferred stock, but excluding any portion of Incentive Fee).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-Incentive
Fee net investment income includes any accretion of original issue discount, market discount, payment-in-kind interest, payment-in-kind
dividends or other types of deferred or accrued income, including in connection with zero coupon securities, that the Corporation
and its consolidated subsidiaries have recognized in accordance with U.S. Generally Accepted Accounting Principles, but have not
yet received in cash (collectively, &ldquo;Accrued Unpaid Income&rdquo;). Pre-Incentive Fee net investment income does not include
any realized capital gains, realized and unrealized capital losses or unrealized capital appreciation or depreciation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-Incentive
Fee net investment income, expressed as a rate of return on the value of the Corporation&rsquo;s net assets (defined as total
assets less indebtedness) at the end of the immediately preceding calendar quarter, will be compared to a &ldquo;hurdle rate&rdquo;,
expressed as a rate of return on the value of the Corporation&rsquo;s net assets at the end of the most recently completed calendar
quarter, of 1.75% per quarter (7% annualized). The Corporation will pay the Adviser an Incentive Fee with respect to the Corporation&rsquo;s
Pre-Incentive Fee net investment income in each calendar quarter as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 2in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(A)
no Income Based Fee in any calendar quarter in which the Corporation&rsquo;s Pre-Incentive Fee net investment income does not
exceed the hurdle rate;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 2in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 2in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(B)
100.0% of the Corporation&rsquo;s Pre-Incentive Fee net investment income for any calendar quarter with respect to that portion
of such Pre-Incentive Fee net investment income for such calendar quarter, if any, that exceeds the hurdle rate but is less than
2.1875% (8.75% annualized); and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 2in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 2in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(C)
20.0% of the amount of the Corporation&rsquo;s Pre-Incentive Fee net investment income for any calendar quarter with respect to
that portion of such Pre-Incentive Fee Net Investment Income for such calendar quarter, if any, that exceeds 2.1875% (8.75% annualized).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 2in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">These
calculations will be appropriately pro-rated for any period of less than three months.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 193; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notwithstanding
the foregoing, the Income Based Fee paid to the Adviser for any calendar quarter that begins more than two years and three months
after the Effective Date shall not be in excess of the Incentive Fee Cap. The Incentive Fee Cap for any calendar quarter is an
amount equal to (1) 20.0% of the Cumulative Net Return (as defined below) during the Income Based Fee Calculation Period (as defined
below) minus (2) if applicable, the aggregate Income Based Fee that was paid in respect of the calendar quarters prior to such
quarter included in the relevant Income Based Fee Calculation Period.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;Income
Based Fee Calculation Period&rdquo; means, with reference to a calendar quarter, the period of time consisting of such calendar
quarter and the additional quarters that comprise the lesser of (1) the number of quarters immediately preceding such calendar
quarter that began more than two years after the Effective Date or (2) the eleven calendar quarters immediately preceding such
calendar quarter.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;Cumulative
Net Return&rdquo; means (1) the aggregate net investment income in respect of the relevant Income Based Fee Calculation Period
minus (2) any Net Capital Loss, if any, in respect of the relevant Income Based Fee Calculation Period. If, in any quarter, the
Incentive Fee Cap is zero or a negative value, the Corporation pays no Income Based Fee to the Adviser for such quarter. If, in
any quarter, the Incentive Fee Cap for such quarter is a positive value but is less than the Income Based Fee that is payable
to the Adviser for such quarter (before giving effect to the Incentive Fee Cap) calculated as described above, the Corporation
pays an Income Based Fee to the Adviser equal to the Incentive Fee Cap for such quarter. If, in any quarter, the Incentive Fee
Cap for such quarter is equal to or greater than the Income Based Fee that is payable to the Adviser for such quarter (before
giving effect to the Incentive Fee Cap) calculated as described above, the Corporation pays an Income Based Fee to the Adviser
equal to the Income Based Fee calculated as described above for such quarter without regard to the Incentive Fee Cap.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;Net
Capital Loss&rdquo; in respect of a particular period means the difference, if positive, between (1) aggregate capital losses,
whether realized or unrealized, in such period and (2) aggregate capital gains, whether realized or unrealized, in such period.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Any
Income Based Fee otherwise payable under this Section 3(b)(i) with respect to Accrued Unpaid Income (collectively, the &ldquo;Accrued
Unpaid Income Based Fees&rdquo;) shall be deferred, on a security by security basis, and shall become payable only if, as, when
and to the extent cash is received by the Corporation or its consolidated subsidiaries in respect thereof. Any Accrued Unpaid
Income that is subsequently reversed in connection with a write-down, write-off, impairment or similar treatment of the investment
giving rise to such Accrued Unpaid Income will, in the applicable period of reversal, (1) reduce Pre-Incentive Fee net investment
income and (2) reduce the amount of Accrued Unpaid Income Incentive Fees deferred under this paragraph. Subsequent payments of
Accrued Unpaid Income Incentive Fees deferred pursuant to this paragraph shall not reduce the amounts otherwise payable for any
quarter pursuant to this Section 3(b)(i).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 194; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)
The second part of the Incentive Fee (the &ldquo;Capital Gains Fee&rdquo;) will be determined and payable in arrears as of the
end of each calendar year (or upon termination of this Agreement as set forth below), commencing with the calendar year ending
on December 31, 2019, and is calculated at the end of each applicable year by subtracting (1) the sum of the Corporation&rsquo;s
cumulative aggregate realized capital losses and aggregate unrealized capital depreciation from (2) the Corporation&rsquo;s cumulative
aggregate realized capital gains, in each case calculated from the Effective Date. If such amount is positive at the end of such
year, then the Capital Gains Fee for such year is equal to 20.0% of such amount, less the cumulative aggregate amount of Capital
Gains Fees paid in all prior years. If such amount is negative, then there is no Capital Gains Fee payable for such year. If this
Agreement is terminated as of a date that is not a calendar year end, the termination date shall be treated as though it were
a calendar year end for purposes of calculating and paying a Capital Gains Fee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
purposes of this Section 3(b)(ii):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
<U>cumulative aggregate realized capital gains</U> are calculated as the sum of the differences, if positive, between (a) the
net sales price of each investment in the Corporation&rsquo;s portfolio when sold and (b) the accreted or amortized cost basis
of such investment.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
<U>cumulative aggregate realized capital losses</U> are calculated as the sum of the amounts by which (a) the net sales price
of each investment in the Corporation&rsquo;s portfolio when sold is less than (b) the accreted or amortized cost basis of such
investment.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
<U>aggregate unrealized capital depreciation</U> is calculated as the sum of the differences, if negative, between (a) the valuation
of each investment in the Corporation&rsquo;s portfolio as of the applicable Capital Gains Fee calculation date and (b) the accreted
or amortized cost basis of such investment.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
accreted or amortized cost basis of an investment shall mean, with respect to an investment owned by the Corporation as of the
Effective Date, the fair value of such investment as set forth in the Corporation&rsquo;s most recently filed Quarterly Report
on Form 10-Q or Annual Report on Form 10-K, as applicable, as filed with the SEC and, with respect to an investment acquired by
the Corporation subsequent to the Effective Date, the accreted or amortized cost basis of such investment as reflected in the
Corporation&rsquo;s financial statements.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.
<U>Covenants of the Adviser</U>. The Adviser covenants that it will remain registered as an investment adviser under the Advisers
Act. The Adviser agrees that its activities will at all times be in compliance in all material respects with all applicable federal
and state laws governing its operations and investments.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.
<U>Excess Brokerage Commissions</U>. The Adviser is hereby authorized, to the fullest extent now or hereafter permitted by law,
to cause the Corporation to pay a member of a national securities exchange, broker or dealer an amount of commission for effecting
a securities transaction in excess of the amount of commission another member of such exchange, broker or dealer would have charged
for effecting that transaction, if the Adviser determines in good faith, taking into account such factors as price (including
the applicable brokerage commission or dealer spread), size of order, difficulty of execution, and operational facilities of the
firm and the firm&rsquo;s risk and skill in positioning blocks of securities, that such amount of commission is reasonable in
relation to the value of the brokerage and/or research services provided by such member, broker or dealer, viewed in terms of
either that particular transaction or its overall responsibilities with respect to the Corporation&rsquo;s portfolio, and constitutes
the best net results for the Corporation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 195; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.
<U>Limitations on the Employment of the Adviser</U>. The services of the Adviser to the Corporation are not exclusive, and the
Adviser may engage in any other business or render similar or different services to others including, without limitation, the
direct or indirect sponsorship or management of other investment based accounts or commingled pools of capital, however structured,
having investment objectives similar to those of the Corporation, so long as its services to the Corporation hereunder are not
materially impaired thereby, and nothing in this Agreement shall limit or restrict the right of any member, manager, partner,
officer or employee of the Adviser to engage in any other business or to devote his or her time and attention in part to any other
business, whether of a similar or dissimilar nature, or to receive any fees or compensation in connection therewith (including
fees for serving as a director of, or providing consulting services to, one or more of the Corporation&rsquo;s portfolio companies,
subject to applicable law). So long as this Agreement or any extension, renewal or amendment remains in effect, the Adviser shall
be the only investment adviser for the Corporation, subject to the Adviser&rsquo;s right to enter into sub-advisory agreements.
The Adviser assumes no responsibility under this Agreement other than to render the services called for hereunder. It is understood
that directors, officers, employees and stockholders of the Corporation are or may become interested in the Adviser and its affiliates,
as directors, officers, employees, partners, stockholders, members, managers or otherwise, and that the Adviser and directors,
officers, employees, partners, stockholders, members and managers of the Adviser and its affiliates are or may become similarly
interested in the Corporation as stockholders or otherwise.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.
<U>Responsibility of Dual Directors, Officers and/or Employees</U>. If any person who is a member, manager, partner, officer or
employee of the Adviser is or becomes a director, officer and/or employee of the Corporation and acts as such in any business
of the Corporation, then such member, manager, partner, officer and/or employee of the Adviser shall be deemed to be acting in
such capacity solely for the Corporation, and not as a member, manager, partner, officer or employee of the Adviser under the
control or direction of the Adviser, even if paid by the Adviser.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.
<U>Limitation of Liability of the Adviser&#894; Indemnification</U>. The Adviser, its members and their respective officers, managers,
partners, agents, employees, controlling persons, members and any other person affiliated with any of them (collectively, the
&ldquo;Indemnified Parties&rdquo;), shall not be liable to the Corporation for any action taken or omitted to be taken by the
Adviser in connection with the performance of any of its duties or obligations under this Agreement or otherwise as an investment
adviser of the Corporation, except to the extent specified in Section 36(b) of the Investment Company Act concerning loss resulting
from a breach of fiduciary duty (as the same is finally determined by judicial proceedings) with respect to the receipt of compensation
for services. The Corporation shall indemnify, defend and protect the Indemnified Parties (each of whom shall be deemed a third
party beneficiary hereof) and hold them harmless from and against all damages, liabilities, costs and expenses (including reasonable
attorneys&rsquo; fees and amounts reasonably paid in settlement) incurred by the Indemnified Parties in or by reason of any pending,
threatened or completed action, suit, investigation or other proceeding (including an action or suit by or in the right of the
Corporation or its security holders) arising out of or otherwise based upon the performance of any of the Adviser&rsquo;s duties
or obligations under this Agreement or as an investment adviser of the Corporation. Notwithstanding the foregoing provisions of
this Section 8 to the contrary, nothing contained herein shall protect or be deemed to protect the Indemnified Parties against
or entitle or be deemed to entitle the Indemnified Parties to indemnification in respect of, any liability to the Corporation
or its security holders to which the Indemnified Parties would otherwise be subject by reason of willful misfeasance, bad faith
or gross negligence in the performance of any Indemnified Party&rsquo;s duties or by reason of the reckless disregard of the Adviser&rsquo;s
duties and obligations under this Agreement (as the same shall be determined in accordance with the Investment Company Act and
any interpretations or guidance by the SEC or its staff thereunder).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 196; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.
<U>Confidentiality</U>. The parties hereto agree that each shall treat confidentially all information provided by each party to
the other regarding its business and operations. All confidential information provided by a party hereto, including all &ldquo;nonpublic
personal information,&rdquo; as defined under the Gramm-Leach-Bliley Act of 1999 (Public law 106-102, 113 Stat. 1138), shall be
used by the other party hereto solely for the purpose of rendering services pursuant to this Agreement and, except as may be required
in carrying out this Agreement, shall not be disclosed to any third party, without the prior consent of such providing party,
except that such confidential information may be disclosed to an affiliate or agent of the disclosing party to be used for the
sole purpose of providing the services set forth herein. The foregoing shall not be applicable to any information that is publicly
available or available to the recipient when provided or thereafter becomes publicly available or available to the recipient other
than through a breach of this Agreement, or that is requested by or required to be disclosed to any governmental or regulatory
authority, including in connection with any required regulatory filings or examinations, by judicial or administrative process
or otherwise by applicable law or regulation. Notwithstanding the foregoing, the Corporation hereby consents and authorizes the
Adviser and its affiliates to use and disclose confidential information relating to the Corporation in connection with the preparation
of performance information relating to the Corporation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.
<U>Effectiveness, Duration and Termination of Agreement</U>. This Agreement shall become effective as of the first date above
written. This Agreement shall remain in effect for two years after such date, and thereafter shall continue automatically for
successive annual periods, provided that such continuance is specifically approved at least annually by</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
the vote of the Board, or by the vote of stockholders holding a majority of the outstanding voting securities of the Corporation,
and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
the vote of a majority of the Corporation&rsquo;s Directors who are not parties to this Agreement or &ldquo;interested persons&rdquo;
(as such term is defined in Section 2(a)(19) of the Investment Company Act) of any party to this Agreement, in accordance with
the requirements of the Investment Company Act.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
Agreement may be terminated at any time, without the payment of any penalty, upon 60 days&rsquo; written notice, by the vote of
stockholders holding a majority of the outstanding voting securities of the Corporation, or by the vote of the Corporation&rsquo;s
Directors or by the Adviser.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
Agreement will automatically terminate in the event of its &ldquo;assignment&rdquo; (as such term is defined for purposes of Section
15(a)(4) of the Investment Company Act). The provisions of Section 8 of this Agreement shall remain in full force and effect,
and the Adviser shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding
the termination or expiration of this Agreement as aforesaid, (i) the Adviser shall be entitled to any amounts owed under Section
3 through the date of termination or expiration, and (ii) the obligations set forth in Sections 8 and 9 shall survive the termination
of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 197; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.
<U>Amendments of this Agreement</U>. This Agreement may not be amended or modified except by an instrument in writing signed by
all parties hereto, but the consent of the Corporation must be obtained in conformity with the requirements of the Investment
Company Act.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12.
<U>Governing Law</U>. This Agreement shall be governed by, and construed in accordance with, the laws of the State of New York,
including without limitation Sections 5-1401 and 5-1402 of the New York General Obligations Law and New York Civil Practice Law
and Rules, Rule 327(b), and the applicable provisions of the Investment Company Act, if any. To the extent that the applicable
laws of the State of New York, or any of the provisions herein, conflict with the applicable provisions of the Investment Company
Act, if any, the latter shall control. The parties unconditionally and irrevocably consent to the exclusive jurisdiction of the
courts located in the State of New York and waive any objection with respect thereto, for the purpose of any action, suit or proceeding
arising out of or relating to this Agreement or the transactions contemplated hereby.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.
<U>No Waiver</U>. The failure of either party to enforce at any time for any period the provisions of or any rights deriving from
this Agreement shall not be construed to be a waiver of such provisions or rights or the right of such party thereafter to enforce
such provisions, and no waiver shall be binding unless executed in writing by all parties hereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.
<U>Severability</U>. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any
law or public policy, all other terms and provisions of this Agreement shall nevertheless remain in full force and effect so long
as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to
any party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">15.
<U>Headings</U>. The descriptive headings contained in this Agreement are for convenience of reference only and shall not affect
in any way the meaning or interpretation of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.
<U>Counterparts</U>. This Agreement may be executed in one or more counterparts, each of which when executed shall be deemed to
be an original instrument and all of which taken together shall constitute one and the same agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">17.
<U>Notices</U>. All notices, requests, claims, demands and other communications hereunder shall be in writing and shall be given
or made (and shall be deemed to have been duly given or made upon receipt) by delivery in person, by overnight courier service
(with signature required), by facsimile, or by registered or certified mail (postage prepaid, return receipt requested) to the
respective parties at their respective principal executive office addresses.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">18.
<U>Entire Agreement</U>. This Agreement constitutes the entire agreement of the parties with respect to the subject matter hereof
and supersedes all prior agreements and undertakings, both written and oral, between the parties with respect to such subject
matter.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">19.
<U>Certain Matters of Construction.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
The words &ldquo;hereof&rdquo;, &ldquo;herein&rdquo;, &ldquo;hereunder&rdquo; and words of similar import shall refer to this
Agreement as a whole and not to any particular Section or provision of this Agreement, and reference to a particular Section of
this Agreement shall include all subsections thereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
Definitions shall be equally applicable to both the singular and plural forms of the terms defined, and references to the masculine,
feminine or neuter gender shall include each other gender.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
The word &ldquo;including&rdquo; shall mean including without limitation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[THE
REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 198; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">IN
WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed on the date above written.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">RAND
    CAPITAL CORPORATION</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 5%; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 45%; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">RAND
    CAPITAL MANAGEMENT LLC</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 199; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0; margin-left: 0; font: 10pt Times New Roman, Times, Serif"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U><A NAME="apx_3"></A>Appendix
C</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ADMINISTRATION
AGREEMENT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">AGREEMENT
(this &ldquo;<B>Agreement</B>&rdquo;) made as of ____________, 2019 (the &ldquo;<B>Effective Date</B>&rdquo;) by and between Rand
Capital Corporation, a New York corporation (hereinafter referred to as the &ldquo;<B>Corporation</B>&rdquo;), and Rand Capital
Management LLC, a Delaware limited liability company (hereinafter referred to as the &ldquo;<B>Administrator</B>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WITNESSETH:</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Corporation is a closed-end investment company that has elected to be treated as a business development company under the
Investment Company Act of 1940, as amended (hereinafter referred to as the &ldquo;<B>Investment Company Act</B>&rdquo;);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Corporation desires to retain the Administrator to provide administrative services to the Corporation in the manner and on
the terms hereinafter set forth; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Administrator is willing to provide administrative services to the Corporation on the terms and conditions hereafter set forth.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NOW,
THEREFORE, in consideration of the premises and the covenants hereinafter contained and for other good and valuable consideration,
the receipt and adequacy of which is hereby acknowledged, the Corporation and the Administrator hereby agree as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.
<U>Duties of the Administrator</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
<U>Employment of Administrator</U>. The Corporation hereby employs the Administrator to act as administrator of the Corporation,
and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject
to review by and the overall control of the Board of Directors of the Corporation, for the period and on the terms and conditions
set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period to render, or arrange
for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses
as provided for below. The Administrator and any such other persons providing services arranged for by the Administrator shall
for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein,
have no authority to act for or represent the Corporation in any way or otherwise be deemed agents of the Corporation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 200 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
<U>Services</U>. The Administrator shall perform (or oversee, or arrange for, the performance of) the administrative services
necessary for the operation of the Corporation. Without limiting the generality of the foregoing, the Administrator shall provide
the Corporation with office facilities, equipment, clerical, bookkeeping, finance, accounting, compliance and record keeping services
at such office facilities and such other services as the Administrator, subject to review by the Board of Directors of the Corporation,
shall from time to time determine to be necessary or useful to perform its obligations under this Agreement. The Administrator
shall also, on behalf of the Corporation, arrange for the services of, and oversee, custodians, depositories, transfer agents,
dividend disbursing agents, other stockholder servicing agents, accountants, attorneys, underwriters, brokers and dealers, corporate
fiduciaries, insurers, banks and such other persons in any such other capacity deemed to be necessary or desirable. The Administrator
shall make reports to the Corporation&rsquo;s Board of Directors of its performance of its obligations hereunder and furnish advice
and recommendations with respect to such other aspects of the business and affairs of the Corporation as it shall determine to
be desirable; <U>provided</U> that nothing herein shall be construed to require the Administrator to, and the Administrator shall
not, in its capacity as Administrator, provide any advice or recommendation relating to the securities and other assets that the
Corporation should purchase, retain or sell or any other investment advisory services to the Corporation. The Administrator shall
be responsible for the financial and other records that the Corporation is required to maintain and shall prepare all reports
and other materials required to be filed with the Securities and Exchange Commission (the &ldquo;<B>SEC</B>&rdquo;) or any other
regulatory authority, including reports to stockholders. The Administrator will provide on the Corporation&rsquo;s behalf significant
managerial assistance to those portfolio companies to which the Corporation is required to provide such assistance. In addition,
the Administrator will assist the Corporation in determining and publishing the Corporation&rsquo;s net asset value, overseeing
the preparation and filing of the Corporation&rsquo;s tax returns, and the printing and dissemination of reports to stockholders
of the Corporation, and generally overseeing the payment of the Corporation&rsquo;s expenses and the performance of administrative
and professional services rendered to the Corporation by others.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.
<U>Records</U>. The Administrator agrees to maintain and keep all books, accounts and other records of the Corporation that relate
to activities performed by the Administrator hereunder and, if required by the Investment Company Act, will maintain and keep
such books, accounts and records in accordance with that act. In compliance with the requirements of Rule 31a-3 under the Investment
Company Act, the Administrator agrees that all records that it maintains for the Corporation shall at all times remain the property
of the Corporation, shall be readily accessible during normal business hours, and shall be promptly surrendered upon the termination
of this Agreement or otherwise on written request. The Administrator further agrees that all records which it maintains for the
Corporation pursuant to Rule 31a-1 under the Investment Company Act will be preserved for the periods prescribed by Rule 31a-2
under the Investment Company Act unless any such records are earlier surrendered as provided above. Records shall be surrendered
in usable machine-readable form. The Administrator shall have the right to retain copies of such records subject to observance
of its confidentiality obligations under this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.
<U>Confidentiality</U>. The parties hereto agree that each shall treat confidentially all information provided by each party to
the other regarding its business and operations. All confidential information provided by a party hereto, including nonpublic
personal information pursuant to Regulation S-P of the SEC, shall be used by any other party hereto solely for the purpose of
rendering services pursuant to this Agreement and, except as may be required in carrying out this Agreement, shall not be disclosed
to any third party, without the prior consent of such providing party. The foregoing shall not be applicable to any information
that is publicly available when provided or thereafter becomes publicly available other than through a breach of this Agreement,
or that is required to be disclosed by any regulatory authority, any authority or legal counsel of the parties hereto, or by judicial
or administrative process or otherwise by applicable law or regulation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 201; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.
<U>Compensation; Allocation of Costs and Expenses</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
In full consideration of the provision of the services of the Administrator, the Corporation shall reimburse the Administrator
for the costs and expenses incurred by the Administrator in performing its obligations and providing personnel and facilities
hereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
The Corporation will bear all costs and expenses that are incurred in its operation and transactions and not specifically assumed
by the Administrator, in its capacity as the Corporation&rsquo;s investment adviser, pursuant to the Investment Advisory and Management
Agreement, dated as of ____________, 2019, between the Corporation and the Administrator (the &ldquo;<B>Advisory Agreement</B>&rdquo;).
Costs and expenses to be borne by the Corporation include, but are not limited to, those relating to: organization; calculating
the Corporation&rsquo;s net asset value (including the cost and expenses of any independent valuation firm); expenses incurred
by the Administrator payable to third parties, including agents, consultants or other advisors, in monitoring financial and legal
affairs for the Corporation and in monitoring the Corporation&rsquo;s investments and performing due diligence on its prospective
portfolio companies; interest payable on debt, if any, incurred to finance the Corporation&rsquo;s investments; offerings of the
Corporation&rsquo;s common stock and other securities; investment advisory and management fees (other than fees (if any) payable
to a sub-advisor retained by the Administrator under the Advisory Agreement); administration fees, if any, payable under this
Agreement; transfer agent and custodial fees; federal and state registration fees; all costs of registration and listing the Corporation&rsquo;s
shares on any securities exchange; federal, state, local and other taxes; independent directors&rsquo; fees and expenses; costs
of preparing and filing reports or other documents required by governmental bodies (including the SEC); costs of any reports,
proxy statements or other notices to stockholders, including printing costs; the Corporation&rsquo;s allocable portion of the
fidelity bond, directors and officers/errors and omissions liability insurance, and any other insurance premiums; direct costs
and expenses of administration, including independent auditors and outside legal costs; and all other expenses incurred by the
Corporation or the Administrator in connection with administering the Corporation&rsquo;s business, including payments under this
Agreement based upon the Corporation&rsquo;s allocable portion of the Administrator&rsquo;s overhead in performing its obligations
under this Agreement, including rent (if office space is provided by the Administrator) and the allocable portion of the cost
of the Corporation&rsquo;s chief financial officer and chief compliance officer and their respective staffs (including travel
expenses).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.
<U>Limitation of Liability of the Administrator; Indemnification</U>. The Administrator, its members and their respective officers,
managers, partners, agents, employees, controlling persons, members, and any other person or entity affiliated with any of them
(collectively, the &ldquo;<B>Indemnified Parties</B>&rdquo;), shall not be liable to the Corporation for any action taken or omitted
to be taken by the Administrator in connection with the performance of any of its duties or obligations under this Agreement or
otherwise as administrator for the Corporation, and the Corporation shall indemnify, defend and protect the Indemnified Parties
(each of whom shall be deemed a third party beneficiary hereof) and hold them harmless from and against all damages, liabilities,
costs and expenses (including reasonable attorneys&rsquo; fees and amounts reasonably paid in settlement) incurred by the Indemnified
Parties in or by reason of any pending, threatened or completed action, suit, investigation or other proceeding (including an
action or suit by or in the right of the Corporation or its security holders) arising out of or otherwise based upon the performance
of any of the Administrator&rsquo;s duties or obligations under this Agreement or otherwise as administrator for the Corporation.
Notwithstanding the preceding sentence of this Paragraph 5 to the contrary, nothing contained herein shall protect or be deemed
to protect the Indemnified Parties against or entitle or be deemed to entitle the Indemnified Parties to indemnification in respect
of, any liability to the Corporation or its security holders to which the Indemnified Parties would otherwise be subject by reason
of willful misfeasance, bad faith or negligence in the performance of any Indemnified Party&rsquo;s duties or by reason of the
reckless disregard of the Administrator&rsquo;s duties and obligations under this Agreement (to the extent applicable, as the
same shall be determined in accordance with the Investment Company Act and any interpretations or guidance by the SEC or its staff
thereunder).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 202; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.
<U>Activities of the Administrator</U>. The services of the Administrator to the Corporation are not exclusive, and the Administrator
and each other person providing services as arranged by the Administrator is free to render services to others. It is understood
that directors, officers, employees and stockholders of the Corporation are or may become interested in the Administrator and
its affiliates, as directors, officers, members, managers, employees, partners, stockholders or otherwise, and that the Administrator
and directors, officers, members, managers, employees, partners and stockholders of the Administrator and its affiliates are or
may become similarly interested in the Corporation as stockholders or otherwise.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.
<U>Duration and Termination of this Agreement</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
This Agreement shall become effective as of the Effective Date, and shall remain in force with respect to the Corporation for
two years from the Effective Date and thereafter continue from year to year, but only so long as such continuance is specifically
approved at least annually by (i) the Board of Directors of the Corporation and (ii) a majority of those members of the Corporation&rsquo;s
Board of Directors who are not parties to this Agreement or &ldquo;interested persons&rdquo; (as defined in the Investment Company
Act) of any such party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
This Agreement may be terminated at any time, without the payment of any penalty, by vote of the Corporation&rsquo;s Board of
Directors, or by the Administrator, upon 60 days&rsquo; advance written notice to the other party. This Agreement may not be assigned
by a party without the consent of the other party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.
<U>Amendments of this Agreement</U>. This Agreement may not be amended or modified except by an instrument in writing signed by
all parties hereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.
<U>Assignment</U>. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors
and permitted assigns. Neither party may assign, delegate or otherwise transfer this Agreement or any of its rights or obligations
hereunder without the prior written consent of the other party. No assignment by either party permitted hereunder shall relieve
the applicable party of its obligations under this Agreement. Any assignment by either party in accordance with the terms of this
Agreement shall be pursuant to a written assignment agreement in which the assignee expressly assumes the assigning party&rsquo;s
rights and obligations hereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 203; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">.
<U>Governing Law</U>. This Agreement shall be governed by, and construed in accordance with, the laws of the State of New York,
including without limitation Sections 5-1401 and 5-1402 of the New York General Obligations Law and New York Civil Practice Law
and Rules, Rule 327(b), and the applicable provisions of the Investment Company Act, if any. To the extent that the applicable
laws of the State of New York, or any of the provisions herein, conflict with the applicable provisions of the Investment Company
Act, if any, the latter shall control. The parties unconditionally and irrevocably consent to the exclusive jurisdiction of the
courts located in the State of New York and waive any objection with respect thereto, for the purpose of any action, suit or proceeding
arising out of or relating to this Agreement or the transactions contemplated hereby.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.
</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><U>No Waiver</U>. The failure of either party to enforce at
any time for any period the provisions of or any rights deriving from this Agreement shall not be construed to be a waiver of
such provisions or rights or the right of such party thereafter to enforce such provisions or rights, and no waiver shall be binding
unless executed in writing by all parties hereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">.
<U>Severability</U>. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any
law or public policy, all other terms and provisions of this Agreement shall nevertheless remain in full force and effect so long
as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to
any party. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties
hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as
possible in an acceptable manner in order that the transactions contemplated hereby are consummated as originally contemplated
to the greatest extent possible.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">.
<U>Headings</U>. The descriptive headings contained in this Agreement are for convenience of reference only and shall not affect
in any way the meaning or interpretation of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">.
<U>Counterparts</U>. This Agreement may be executed in one or more counterparts (including by facsimile or pdf transmission),
each of which when executed shall be deemed to be an original instrument and all of which taken together shall constitute one
and the same agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">15</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">.
<U>Notices</U>. All notices, requests, claims, demands and other communications hereunder shall be in writing and shall be given
or made (and shall be deemed to have been duly given or made upon receipt) by delivery in person, by overnight courier service
(with signature required), by facsimile, or by registered or certified mail (postage prepaid, return receipt requested) to the
respective parties at their respective principal executive office addresses.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">.
<U>Entire Agreement</U>. This Agreement constitutes the entire agreement of the parties with respect to the subject matter hereof
and supersedes all prior and contemporaneous agreements and undertakings, both written and oral, between the parties with respect
to such subject matter.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">17</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">.
<U>Certain Matters of Construction</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
The words &ldquo;hereof&rdquo;, &ldquo;herein&rdquo;, &ldquo;hereunder&rdquo; and words of similar import shall refer to this
Agreement as a whole and not to any particular Section or provision of this Agreement, and reference to a particular Section of
this Agreement shall include all subsections thereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
Definitions shall be equally applicable to both the singular and plural forms of the terms defined, and references to the masculine,
feminine or neuter gender shall include each other gender.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
The word &ldquo;including&rdquo; shall mean including without limitation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>[REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK]</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><I>&nbsp;</I></FONT></P>


<!-- Field: Page; Sequence: 204; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">IN
WITNESS WHEREOF, the parties hereto have executed and delivered this Agreement as of the date first above written.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>CORPORATION</U>:</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 5%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 45%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">RAND
    CAPITAL CORPORATION</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>ADMINISTRATOR</U>:</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Rand
    Capital Management LLC</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 205 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>



<P STYLE="margin-top: 0; margin-bottom: 0; margin-left: 0; font: 10pt Times New Roman, Times, Serif"></P>
<P STYLE="margin-top: 0; margin-bottom: 0; margin-left: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0; margin-left: 0; font: 10pt Times New Roman, Times, Serif"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U><A NAME="apx_4"></A>Appendix
D</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>SHAREHOLDER
AGREEMENT </B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">THIS
SHAREHOLDER AGREEMENT is entered into as of ____________, 2019 (this &ldquo;<U>Agreement</U>&rdquo;), by and between Rand Capital
Corporation, a New York corporation (the &ldquo;<U>Company</U>&rdquo;), and East Asset Management, LLC, a Delaware limited liability
company (&ldquo;<U>East</U>&rdquo;) and is effective as of the closing of the transactions contemplated in the Stock Purchase
Agreement (as defined below) (the &ldquo;<U>Contemplated Transactions</U>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Company has entered into a stock purchase agreement with East and, solely for purposes of being bound by Sections 7.10 and
10.9(a) and (b) thereof, Rand Capital Management LLC, dated January 24, 2019 (the &ldquo;<U>Stock Purchase Agreement</U>&rdquo;)
whereby East will contribute cash and assets to the Company in exchange for shares of common stock, par value $0.10 per share,
of the Company (the &ldquo;<U>Common Stock</U>&rdquo;);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
in connection with the Stock Purchase Agreement, the Company and East desire to enter into this Agreement setting forth certain
rights and obligations with respect to the nomination of directors to the Board of Directors of the Company (the &ldquo;<U>Board</U>&rdquo;)
from and after the closing of the Contemplated Transactions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NOW,
THEREFORE, for good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto,
intending to be legally bound, hereby agree as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
1. <U>Definitions</U>. As used in this Agreement, the following terms shall have the meanings ascribed to them below:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<U>Bylaws</U>&rdquo;
means the By-laws of the Company, as may be amended from time to time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<U>Certificate
of Incorporation</U>&rdquo; means the Certificate of Incorporation of the Company, as may be amended from time to time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<U>Interested
Person</U>&rdquo; has the meaning set forth in Section 2(a)(19) of the Investment Company Act.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<U>Investment
Company Act</U>&rdquo; means the Investment Company Act of 1940, as amended.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<U>Person</U>&rdquo;
means any individual, corporation, firm, partnership, joint venture, limited liability company, estate, trust, business association,
organization, governmental entity or other entity.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<U>Shareholders</U>&rdquo;
means holders of shares of Common Stock.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 206; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
2. <U>Board Nomination Rights</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
Upon completion of the Contemplated Transactions, in connection with any annual or special meeting of Shareholders at which directors
shall be elected, until the date on which East ceases to beneficially own more than fifteen percent (15%) of the outstanding Common
Stock, East shall have the right to designate (i) up to two (2) persons, of which at least one (1) of such person is not an Interested
Person of the Company, for nomination by the Board for election to the Board if the Board is composed of fewer than seven (7)
directors or (ii) up to three (3) persons, of which at least one (1) of such person is not an Interested Person of the Company,
for nomination by the Board for election to the Board if the Board is composed of seven (7) or more directors (each person so
designated an &ldquo;<U>East Nominee</U>&rdquo;, and such period during which East is permitted to designate an East Nominee pursuant
to this Section 2(a) being the &ldquo;<U>East Nomination Period</U>&rdquo;). East shall not designate any person to be an East
Nominee who it reasonably believes does not meet the requirements for director nominees as set forth in any applicable policies
of the Company relating to director qualification from time to time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
The Board or, if then constituted, the nominating committee of the Board or any committee performing similar functions (the &ldquo;<U>Nominating
Committee</U>&rdquo;), as applicable, shall promptly and in good faith consider each East Nominee designated pursuant to Section
2(a), applying the same standards as shall be applied for the consideration of other proposed nominees of the Board. If the Board
or the Nominating Committee, as applicable, reasonably determines in writing (which determination shall set forth the reasonable
grounds for such determination) that any East Nominee would not be qualified under any applicable law, rule or regulation to serve
as a director of the Company and fails to approve the nomination of such East Nominee, then East shall be entitled to designate
another person as an East Nominee and the provisions of Section 2 shall apply to such alternate person.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
Subject to the requirements of the Certificate of Incorporation, Bylaws, rules of the stock exchange on which the Common Stock
is then listed or applicable law, vacancies arising through the death, resignation or removal of any East Nominee who was elected
or appointed to the Board pursuant to this Section 2, may be filled by the Board only with a substitute East Nominee designated
by East (which East Nominee shall be subject to review by the Board or Nominating Committee, as applicable, under the standards
set forth in Section 2(b)), and the director so chosen shall hold office until the next election or until his or her successor
is duly elected and qualified, or until his or her earlier death, resignation or removal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)
During the East Nomination Period, the Company shall, at least 45 days prior to the expected mailing date, (i) notify East in
writing of the date on which the proxy statement in connection with an election of directors at an annual or special meeting of
Shareholders is expected to be first mailed by the Company and (ii) provide a form of prospective director questionnaire eliciting
information of a type customarily provided by directors or prospective directors in connection with the director nomination process
(each a &ldquo;<U>D&amp;O Questionnaire</U>&rdquo;) to be completed by each East Nominee. Following receipt of such Company notice,
East shall, within 15 days after the date of the Company&rsquo;s notice, (i) deliver a written notice to the Company setting forth
the name and address of each East Nominee and (ii) provide a completed and signed D&amp;O Questionnaire from each East Nominee.
The Company shall provide each East Nominee with a reasonable opportunity to review and provide comments on any portion of the
proxy materials relating to such East Nominee. The Company shall incorporate reasonable comments from each such East Nominee in
the proxy materials relating to such matters.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 207; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)
In the event the Shareholders fail to elect an East Nominee to the Board at any annual or special meeting of Shareholders at which
directors are elected, (i) East shall designate another person as an East Nominee and the provisions of Section 2 shall apply
to such alternate person and (ii) subject to the requirements of Certificate of Incorporation, Bylaws, rules of the stock exchange
on which the Common Stock is then listed or applicable law, the Board shall reasonably promptly elect such alternate East Nominee
to any such vacancy on the Board resulting from the Shareholders failure to elect an East Nominee to the Board at any annual or
special meeting of Shareholders at which directors shall be elected. For the avoidance of doubt, in no event shall the Board be
required to appoint or elect an East Nominee to the Board if the Shareholders fail to elect to such East Nominee to the Board
at such annual or special meeting of Shareholders at which directors are elected.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)
The Company agrees that at all times during the East Nomination Period (i) subject to rules of the stock exchange on which the
Common Stock is then listed or applicable law, the Bylaws and the Certificate of Incorporation shall accommodate, be subject to,
and shall not in any way conflict with, East&rsquo;s rights and obligations set forth herein and (ii) the Company shall not enter
into any other agreements or understandings that in any way conflict with East&rsquo;s rights and obligations set forth herein.
The Company further agrees that it shall not enter into any agreements or understandings with any Shareholder (other than any
agreement equally applicable to all Shareholders) without prior notice to East; provided, that the Company shall provide to East
(x) a substantially final copy of any such agreements or understandings no later than five (5) business days prior to the signing
of such agreements or understandings and (y) a fully executed copy of such agreement promptly following its execution (unless
such executed agreement is available on the Securities and Exchange Commission&rsquo;s EDGAR filing system).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)
During the East Nomination Period, in the event that (i) the Board has increased the size of the Board to seven (7) or more directors
from the current size of six (6) directors and (ii) East subsequently provides a written notice to the Company setting forth the
name and address of an East Nominee and a completed and signed D&amp;O Questionnaire from such East Nominee, not later than the
90th day after the date of the Company&rsquo;s receipt of such written notice, the Board shall, subject to (i) the requirements
of Certificate of Incorporation, Bylaws, rules of the stock exchange on which the Common Stock is then listed or applicable law
and (ii) review by the Board or Nominating Committee, as applicable, of such East Nominee under the standards set forth in Section
2(b), elect such East Nominee to the Board to fill the vacancy created by the increased Board size such that there will be three
(3) East Nominees on the Board.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 208; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(h)
During the East Nomination Period, East hereby agrees that (i) the method set forth in this Section 2 shall be the exclusive means
for East to designate, nominate, seek to designate or seek to nominate, as applicable, any person for election as a director to
the Board and (ii) it shall not, directly or indirectly, make use of, or otherwise seek to avail itself of, any other rights or
means to designate, nominate, seek to designate or seek to nominate, as applicable, any person for election as a director to the
Board, including pursuant to any rights available to any Shareholder under the Certificate of Incorporation, Bylaws or applicable
law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)
The East Nomination Period shall be adjusted to the extent East&rsquo;s ownership of the outstanding Common Stock falls below
15% solely as a result of a sale or other issuance of Common Stock by the Company. In the event of any sale or issuance by the
Company that would have the effect of causing East&rsquo;s beneficial ownership of the outstanding Common Stock to fall below
15%, the 15% threshold set forth in Section 2(a) above shall be reduced by a percentage equal to the percentage by which East&rsquo;s
ownership of the Common Stock was reduced as a result of such sale or issuance by the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
3. <U>Miscellaneous</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
<U>Effective Date</U>. This Agreement shall become effective upon the closing date of the Contemplated Transactions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
<U>Applicable Law</U>. This Agreement shall be construed in accordance with and governed by the laws of the State of New York
without regard to principles of conflict of laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
<U>Certain Adjustments</U>. The provisions of this Agreement shall apply to the full extent set forth herein with respect to any
and all shares of capital stock of the Company or any successor or assign of the Company (whether by merger, consolidation, sale
of assets or otherwise) which may be issued in respect of, in exchange for, or in substitution for the shares of Common Stock,
by combination, recapitalization, reclassification, merger, consolidation or otherwise and the term &ldquo;Common Stock&rdquo;
shall include all such other securities.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)
<U>Enforcement</U>. Each of the parties hereto acknowledges and agrees that irreparable injury to the other party hereto would
occur in the event any of the provisions of this Agreement were not performed in accordance with its specific terms or were otherwise
breached, and that such injury would not be adequately compensable in damages. It is accordingly agreed that East, on the one
hand, and the Company, on the other hand, shall each be entitled to specific enforcement of, and injunctive relief to prevent
any violation of, the terms hereof and the other party hereto will not take any action, directly or indirectly, in opposition
to the party seeking relief on the grounds that any other remedy is available at law or in equity, and each party further agrees
to waive any requirement for the security or posting of any bond in connection with such remedy. Such remedies, shall be cumulative
and not exclusive, and shall be in addition to any other remedy which any party hereto may have.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)
<U>Successors and Assigns</U>. This Agreement may not be assigned, whether outright or by operation of law, by any party hereto
without the prior written consent of the non-assigning party. Subject to the foregoing, this Agreement shall be binding upon the
parties hereto, their heirs, executors, personal representatives, successors, and assigns.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 209; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)
<U>Entire Agreement; Termination</U>. This Agreement contains the entire understanding among the parties hereto and supersedes
all prior written or oral agreements among them respecting the within subject matter, unless otherwise provided herein. There
are no representations, agreements, arrangements or understandings, oral or written, among the parties hereto relating to the
subject matter of this Agreement that are not fully expressed herein. This Agreement may be terminated at any time by written
consent of all of the parties hereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)
<U>Dispute Resolution</U>. Any dispute, controversy or claim arising out of, or in connection with, this Agreement, or the breach
thereof, shall be settled by binding arbitration administered by the American Arbitration Association in accordance with its commercial
arbitration rules then in effect. Claims shall be heard by a single arbitrator selected by the American Arbitration Association.
The arbitration shall be conducted on an expedited basis and the place of arbitration shall be Buffalo, New York. The arbitration
shall be subject to, and the arbitrator shall have the powers and rights afforded by, the rules of the American Arbitration Association.
The arbitration shall be governed by the laws of the State of New York. The decision of such arbitrator, including any award of
attorneys&rsquo; fees and costs, if any, may be entered in any court having thereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(h)
<U>Notices</U>. All notices and demands under this Agreement and other communications required to be delivered pursuant to this
Agreement, shall be in writing or by facsimile, with a copy via email (which shall not constitute notice hereunder), and shall
be deemed to have been duly given if delivered personally or by overnight courier or if mailed by certified mail, return receipt
requested, postage prepaid, or sent by facsimile, to the following addresses (or to such other address as the party entitled to
notice shall hereafter designate in accordance with the terms hereof):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
to the Company:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Rand
Capital Corporation</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2200
Rand Building</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Buffalo,
New York 14203</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Attn:
Allen F. Grum, Chief Executive Officer</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">e-mail:
pgrum@randcapital.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">with
a copy (which shall not constitute notice) to:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Hodgson
Russ LLP</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Guaranty Building</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">140
Pearl Street, Suite 100</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Buffalo,
New York 14202</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Attention:
John J. Zak. Esq.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">e-mail:
jzak@hodgsonruss.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 210; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
to East:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">East
Asset Management, LLC</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7777
NW Beacon Square Blvd.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Boca
Raton, FL 33487</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Attention:
Adam Gusky</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">e-mail:
agusky@emslp.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">with
a copy (which shall not constitute notice) to:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Eversheds
Sutherland (US) LLP</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">700
Sixth St., NW, Suite 700</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Washington,
DC 20001</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Attention:
Cynthia M. Krus, Esq.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">e-mail:
cynthiakrus@eversheds-sutherland.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">All
such notices shall be effective: (i) if delivered personally, when received (with written confirmation of receipt), (ii) if sent
by overnight courier, when receipted for, (iii) if mailed by registered or certified mail (return receipt requested), three (3)
days after being mailed as described above, (iv) upon transmission by facsimile if a customary confirmation of delivery is received
during normal business hours and, if not, the next business day after confirmation of delivery is received and (v) if sent by
electronic mail transmission, at the time of confirmation of transmission if received during normal business hours and, if not,
the next business day after confirmation of transmission.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)
<U>Waiver</U>. No consent or waiver, express or implied, by any party to, or of any breach or default by another party in the
performance of, this Agreement shall be construed as a consent to or waiver of any subsequent breach or default in the performance
by such other party of the same or any other obligations hereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(j)
<U>Counterparts</U>. This Agreement may be executed in several counterparts, which shall be treated as originals for all purposes,
and all counterparts so executed shall constitute one agreement, binding on all the parties hereto, notwithstanding that not all
the parties are signatory to the original or the same counterpart. Any such counterpart shall be admissible into evidence as an
original hereof against the Person who executed it. Facsimile and electronic signatures (i.e., PDF) to this Agreement shall be
valid and will be deemed to have the same legal effect as an original signed counterpart of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(k)
<U>Headings</U>. The headings in this Agreement are for convenience of reference only and shall not limit or otherwise affect
the meaning of terms contained herein.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 211; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(l)
<U>Invalidity of Provision</U>. The invalidity or unenforceability of any provision of this Agreement in any jurisdiction shall
not affect the validity or enforceability of the remainder of this Agreement in that jurisdiction or the validity or enforceability
of this Agreement, including that provision, in any other jurisdiction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(m)
<U>Amendments and Waivers</U>. The provisions of this Agreement may be modified or amended at any time and from time to time,
and particular provisions of this Agreement may be waived or modified, with and only with an agreement or consent in writing signed
by each of the parties hereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(n)
<U>Further Assistance</U>. The parties hereto shall execute and deliver all documents, provide all information and take or refrain
from all such action as may be necessary or appropriate to achieve the purposes of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(o)
<U>No Third-Party Beneficiaries</U>. This Agreement is not intended to, and does not, confer upon any Person other than the parties
hereto any rights or remedies.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[<I>Remainder
of Page Intentionally Left Blank</I>]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 212; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">IN
WITNESS WHEREOF this Agreement has been signed by each of the parties hereto, and shall be effective as of the date first above
written.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>RAND CAPITAL CORPORATION</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 45%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>EAST ASSET MANAGEMENT, LLC</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[<I>Signature
Page &ndash; Shareholder Agreement</I>]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 213; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0; margin-left: 0; font: 10pt Times New Roman, Times, Serif"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U><A NAME="apx_5"></A>Appendix
E</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CERTIFICATE
OF AMENDMENT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>OF</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CERTIFICATE
OF INCORPORATION</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>OF</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>RAND
CAPITAL CORPORATION</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B></B></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif"><DIV STYLE="font: 10pt Times New Roman, Times, Serif; border-top: Black 1.5pt solid; width: 50%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Under
Section 805 of the</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Business
Corporation Law</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Rand
Capital Corporation, a corporation organized and existing under and by virtue of the Business Corporation Law of the State of
New York,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>DOES
HEREBY CERTIFY:</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.
The current name of the corporation is Rand Capital Corporation (the &ldquo;corporation&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.
The Certificate of Incorporation of the corporation was filed by the Department of State of the State of New York on February
24, 1969.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.
The Certificate of Incorporation of the corporation is hereby amended to increase the authorized shares of the corporation from
10,500,000 shares, of which 500,000 shares are preferred shares, par value $10.00 per share, and 10,000,000 shares are common
shares, par value $.10 per share, into 100,500,000 shares, of which 500,000 shares shall be preferred shares, par value $10.00
per share, and 100,000,000 shares shall be common shares, par value $.10 per share.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 214 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">To
effectuate such amendment, Paragraph 4.(a). of the Certificate of Incorporation of the corporation is hereby amended to read in
its entirety as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 1in 0 1.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;4.(a).
The aggregate number of shares which the corporation shall have the authority to issue is ONE HUNDRED MILLION FIVE HUNDRED THOUSAND
(100,500,000) shares, of which FIVE HUNDRED THOUSAND (500,000) shares shall be Preferred Shares, par value $10.00 per share, and
ONE HUNDRED MILLION (100,000,000) shares shall be Common Shares, par value $.10 per share.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 1.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.
The certificate of amendment was authorized by the vote of the board of directors of the corporation followed by a vote of a majority
of all outstanding shares entitled to vote thereon at a meeting of shareholders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>[SIGNATURE
PAGE FOLLOWS]</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>


<!-- Field: Page; Sequence: 215 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>IN
WITNESS WHEREOF</B>, the undersigned has signed this certificate and affirmed it as true under penalties of perjury this ____
day of _____, 2019.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>RAND CAPITAL CORPORATION</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 45%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 3in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 216 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CERTIFICATE
OF AMENDMENT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>OF
THE</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CERTIFICATE
OF INCORPORATION</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>OF</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>RAND
CAPITAL CORPORATION</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B></B></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif"><DIV STYLE="font: 10pt Times New Roman, Times, Serif; border-top: Black 1.5pt solid; width: 50%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Under
Section 805 of the</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Business
Corporation Law</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 10%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Filed
    by:</FONT></TD>
    <TD STYLE="width: 30%; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 60%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 217 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>



<P STYLE="margin-top: 0; margin-bottom: 0; margin-left: 0; font: 10pt Times New Roman, Times, Serif"></P>

<P STYLE="margin-top: 0; text-align: center; margin-bottom: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U><A NAME="apx_6"></A>Appendix
F</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">January
24, 2019</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Board of Directors</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Rand
Capital Corporation</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2200
Rand Building</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Buffalo,
NY 14203</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Members
of the Board:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">You
have requested the opinion of Keefe, Bruyette &amp; Woods, Inc. (&ldquo;KBW&rdquo; or &ldquo;we&rdquo;) as investment
bankers as to the fairness, from a financial point of view, to Rand Capital Corporation (&ldquo;Rand&rdquo;) of the
Consideration (as defined below) in the proposed Transaction (as defined below) pursuant to the Stock Purchase Agreement (the
&ldquo;Agreement&rdquo;) to be entered into by and among Rand, East Asset Management, LLC (&ldquo;EAM&rdquo;), and solely for
purposes of Sections 7.10 and 10.9(a) and (b) thereof, Rand Capital Management, LLC (&ldquo;NEWCO&rdquo;). Pursuant to the
Agreement and subject to the terms, conditions and limitations set forth therein, Rand will issue and sell to EAM a number of
newly-issued shares of the common stock, par value $0.10 per share, of Rand (&ldquo;Rand Common Stock&rdquo;) equal to
$25,000,000 divided by a per share price of $3.00 (such per share price, the &ldquo;Consideration&rdquo; and, such
transaction, the &ldquo;Transaction&rdquo;). The Agreement provides that the aggregate Consideration will be paid to Rand in
the form of specified loan assets to be contributed to Rand by EAM (the &ldquo;Contributed Investment Assets&rdquo;) and an
aggregate cash amount, which when added to the fair value (as determined pursuant to the Agreement) of the Contributed
Investment Assets as of the Closing Cut-off Time (as such term is defined in the Agreement) plus accrued but unpaid
interests, penalties, fees, charges and other amounts applicable to the Contributed Investment Assets as set forth in the
Agreement, is equal to $25,000,000. The terms and conditions of the Transaction are more fully set forth in the
Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition, representatives of Rand have advised us that (a) in connection with the consummation of the Transaction, NEWCO, and
Rand will enter into an investment advisory and management agreement and administration agreement pursuant to which NEWCO will
serve as investment adviser and administrator to Rand (the &ldquo;Externalization&rdquo;), and (b) following the Transaction,
Rand intends to declare and make a special dividend of additional shares of Rand Common Stock and cash (the &ldquo;Special Dividend&rdquo;).
However, for purposes hereof, no effect has been given to the Externalization, the Special Dividend or any aspect, implication
or effect thereof, including the planned conversion of Rand into a regulated investment company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 218; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Board of Directors</P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Rand Capital Corporation</P><P STYLE="margin: 0">January 24, 2019</P>Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --> of 5</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">KBW
has acted as financial advisor to Rand and not as an advisor to or agent of any other person. As part of our investment banking
business, we are regularly engaged in the valuation of business development company (&ldquo;BDC&rdquo;) securities in connection
with acquisitions, negotiated underwritings, secondary distributions of listed and unlisted securities, private placements and
valuations for various other purposes. In the ordinary course of KBW and its affiliates&rsquo; broker-dealer businesses, KBW and
its affiliates may from time to time purchase securities from, and sell securities to, Rand and EAM. In addition, as a market
maker in securities, KBW and its affiliates may from time to time have a long or short position in, and buy or sell, debt or equity
securities of Rand for its and their own respective accounts and for the accounts of its and their respective customers and clients.
We have acted exclusively for the board of directors of Rand (the &ldquo;Board&rdquo;) in rendering this opinion and will receive
a fee from Rand for our services. A portion of our fee is payable upon the rendering of this opinion, and a significant portion
is contingent upon the successful completion of the Transaction. In addition, Rand has agreed to indemnify us for certain liabilities
arising out of our engagement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other
than in connection with this present engagement, in the past two years KBW has not provided investment banking and financial advisory
services to Rand. In the past two years, KBW has not provided investment banking and financial advisory services to EAM. We may
in the future provide investment banking and financial advisory services to Rand, EAM or NEWCO and receive compensation for such
services.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
connection with this opinion, we have reviewed, analyzed and relied upon material bearing upon the financial and operating condition
of Rand and bearing upon the Transaction, including among other things, the following: (i) a draft of the Agreement dated January
23, 2019 (the most recent draft made available to us); (ii) the audited financial statements and the Annual Reports on Form 10-K
for the three fiscal years ended December 31, 2017 of Rand; (iii) the unaudited quarterly financial statements and the Quarterly
Reports on Form 10-Q for the fiscal quarters ended March 31, 2018, June 30, 2018 and September 30, 2018 of Rand; (iv) certain
other interim reports and other communications of Rand to its shareholders; and (v) other financial information concerning the
business and operations of Rand that were furnished to us by Rand or that we were otherwise directed to use for purposes of our
analysis. Our consideration of financial information and other factors that we deemed appropriate under the circumstances or relevant
to our analyses included, among others, the following: (i) the historical and current financial position and results of operations
of Rand; (ii) the assets and liabilities of Rand; (iii) the nature and terms of certain merger transactions and business combinations
in the BDC industry; and (iv) a comparison of certain financial and stock market information of Rand with similar information
for certain other companies, the securities of which are publicly traded. We have also performed such other studies and analyses
as we considered appropriate and have taken into account our assessment of general economic, market and financial conditions and
our experience in other transactions, as well as our experience in securities valuation and knowledge of the BDC industry generally.
We have also participated in discussions with Rand management regarding the past and current business operations, financial condition
and future prospects of Rand and such other matters as we have deemed relevant to our inquiry. We have not been requested to,
and have not, assisted Rand with soliciting indications of interest from third parties other than EAM and another party regarding
a potential transaction with Rand.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 219; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Board of Directors</P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Rand Capital Corporation</P><P STYLE="margin: 0">January 24, 2019</P>Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --> of 5</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
conducting our review and arriving at our opinion, we have relied upon and assumed the accuracy and completeness of all of the
financial and other information provided to us or that was publicly available and we have not independently verified the accuracy
or completeness of any such information or assumed any responsibility or liability for such verification, accuracy or completeness.
In connection with this opinion, we have not performed any financial analyses to estimate the value of Rand&rsquo;s existing investment
assets or the Contributed Investment Assets, and we express no opinion as to the stated fair value of Rand&rsquo;s existing investment
assets as determined by Rand management as of September 30, 2018 or the fair value of the Contributed Investment Assets as will
be determined pursuant to the Agreement. We have not relied upon a liquidation analysis for purposes of our opinion. Rand has
advised us that the fair value of its existing investment assets (Rand has advised us that &ldquo;fair value&rdquo; is defined
under the applicable accounting rules as the price that would be received to sell an asset in an orderly transaction between market
participants on the measurement date) is not the same as the likely realizable value of those investment assets in a liquidation
scenario where those assets would not be held to maturity or otherwise but would be sold immediately or over a relatively short
period of time. Specifically, Rand has advised us that: (i) all of Rand&rsquo;s investment assets as of September 30, 2018 consist
of private securities of small or development stage companies that are not publicly traded and for which no orderly market exists;
(ii) there is necessarily significant subjectivity and uncertainty involved in determining the fair value of investments for which
there is no orderly market; (iii) in a liquidation scenario, there may be few or no independent, willing and able buyers for Rand&rsquo;s
investment assets; and (iv) as a result, the likely realizable value of Rand&rsquo;s investment assets in a liquidation scenario
at any measurement date, including giving effect to estimated costs to be incurred by Rand in connection with a liquidation and
applying a reasonable discount rate to present value sale proceeds assumed to be received in the future, could be significantly
below the value of those investment assets determined on a fair value basis at that same measurement date. Given this, Rand has
advised us that at September 30, 2018, the likely realizable value of its investment assets in a liquidation scenario, if determined
and given effect as of that date, could reasonably be expected to result in a net asset value of Rand of less than $3.00 per share.
In addition, at the direction of Rand management and with the consent of the Board, we have not relied upon a dividend discount
analysis for purposes of our opinion given that Rand management has not furnished to us financial and operating forecasts and
projections of Rand that provide a reasonable basis upon which we can perform such analysis.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
have assumed that there have been no material changes in the assets, liabilities, financial condition, results of operations,
business or prospects of Rand since the date of the last financial statements of Rand that were made available to us and that
we were directed to use. In rendering our opinion, we have not made or obtained any evaluations or appraisals or physical inspection
of the property, assets or liabilities (contingent or otherwise) of Rand or of or relating to any of the Contributed Investment
Assets, the collateral securing any of such assets or liabilities, or the collectability of any such assets, nor have we examined
any individual loan or credit files, nor did we evaluate the solvency, financial capability or fair value of Rand under any state
or federal laws, including those relating to bankruptcy, insolvency or other matters. Estimates of values of companies and assets
do not purport to be appraisals or necessarily reflect the prices at which companies or assets may actually be sold. Because such
estimates are inherently subject to uncertainty, we assume no responsibility or liability for their accuracy.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 220; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Board of Directors</P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Rand Capital Corporation</P><P STYLE="margin: 0">January 24, 2019</P>Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --> of 5</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
have assumed, in all respects material to our analyses, the following: (i) that the Transaction will be completed substantially
in accordance with the terms set forth in the Agreement (the final terms of which we have assumed will not differ in any respect
material to our analyses from the draft version reviewed by us and referred to above) with no adjustments to the Consideration
(including the allocation thereof between the Contributed Investment Assets and cash); (ii) that the representations and warranties
of each party in the Agreement and in all related documents and instruments referred to in the Agreement are true and correct;
(iii) that each party to the Agreement or any of the related documents will perform all of the covenants and agreements required
to be performed by such party under such documents; (iv) that there are no factors that would delay or subject to any adverse
conditions, any necessary regulatory or governmental approval for the Transaction and that all conditions to the completion of
the Transaction will be satisfied without any waivers or modifications to the Agreement or any of the related documents; and (v)
that in the course of obtaining the necessary regulatory, contractual, or other consents or approvals for the Transaction, no
restrictions, including any divestiture requirements, termination or other payments or amendments or modifications, will be imposed
that will have a material adverse effect on the future results of operations or financial condition of Rand or the contemplated
benefits of the Transaction. We have assumed that the Transaction will be consummated in a manner that complies with the applicable
provisions of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and all other applicable
federal and state statutes, rules and regulations and the governing organizational documents of Rand. We have further been advised
by representatives of Rand that Rand has relied upon advice from its advisors (other than KBW) or other appropriate sources as
to all legal, financial reporting, tax, accounting and regulatory matters with respect to Rand, the Transaction and any related
transactions (including the Externalization and the Special Dividend), and the Agreement. KBW has not provided advice with respect
to any such matters.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
opinion addresses only the fairness, from a financial point of view, as of the date hereof, to Rand of the Consideration in the
Transaction. We express no view or opinion as to any other terms or aspects of the Transaction or any term or aspect of any related
transaction (including the Externalization or the Special Dividend), including without limitation, the form or structure of the
Transaction (including the form of the Consideration or the allocation thereof between the Contributed Investment Assets and cash)
or any such related transaction, any consequences of the Transaction to Rand, its shareholders, creditors or otherwise (including
the ownership dilution to existing holders of Rand Common Stock), or any terms, aspects, merits or implications of any agreements,
arrangements or understandings contemplated or entered into in connection with the Transaction, any such related transaction,
or otherwise. Our opinion is necessarily based upon conditions as they exist and can be evaluated on the date hereof and the information
made available to us through the date hereof. It is understood that subsequent developments may affect the conclusion reached
in this opinion and that KBW does not have an obligation to update, revise or reaffirm this opinion. Our opinion does not address,
and we express no view or opinion with respect to, (i) the underlying business decision of Rand to engage in the Transaction or
any related transaction or enter into the Agreement, (ii) the relative merits of the Transaction or any related transaction as
compared to any strategic alternatives that are, have been or may be available to or contemplated by Rand or the Board, (iii)
any business, operational or other plans with respect to Rand that may be currently contemplated by Rand or the Board or that
may be implemented by Rand or the Board subsequent to the closing of the Transaction (including, without limitation, the Externalization
or the planned conversion of Rand into a regulated investment company), (iv) the fairness of the amount or nature of any compensation
to any of Rand&rsquo;s officers, directors or employees, or any class of such persons, relative to any compensation to the holders
of Rand Common Stock or relative to the Consideration, (v) the effect of the Transaction or any related transaction on, or the
fairness of the consideration to be received by, holders of any class of securities of Rand or any other party to any transaction
contemplated by the Agreement, (vi) any election by holders of Rand Common Stock to receive Rand Common Stock and/or cash in the
Special Dividend, if it occurs, or the actual allocation among such holders between Rand Common Stock and cash, (vii) the actual
value of Rand Common Stock to be issued in connection with the Transaction or, if it occurs, the Special Dividend, (viii) the
prices, trading range or volume at which Rand Common Stock will trade following the public announcement of the Transaction or
following the consummation of the Transaction or the prices at which any of the Contributed Investment Assets may be sold at any
time, (ix) any fee or other terms of the investment advisory and management agreement to be entered into as part of the Externalization,
(x) any advice or opinions provided by any other advisor to any of the parties to the Transaction or any other transaction contemplated
by the Agreement, or (xi) any legal, regulatory, accounting, tax or similar matters relating to Rand, any of its shareholders,
or relating to or arising out of or as a consequence of the Transaction or any related transaction, including whether or not Rand
will qualify as a regulated investment company for United States federal income tax purposes following the Transaction, the Special
Dividend and the Externalization.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 221; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Board of Directors</P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Rand Capital Corporation</P><P STYLE="margin: 0">January 24, 2019</P>Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --> of 5</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
opinion is for the information of, and is directed to, the Board (in its capacity as such) in connection with its consideration
of the financial terms of the Transaction. This opinion does not constitute a recommendation to the Board as to how it should
vote on the Transaction or to any holder of Rand Common Stock or any shareholder of any other entity as to how to vote or act
in connection with the Transaction, any related transaction or any other matter (including what election any holder of Rand Common
Stock should make in the Special Dividend, if it occurs, with respect to Rand Common Stock or cash).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
opinion has been reviewed and approved by our Fairness Opinion Committee in conformity with our policies and procedures established
under the requirements of Rule 5150 of the Financial Industry Regulatory Authority.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Based
upon and subject to the foregoing, it is our opinion that, as of the date hereof, the Consideration in the Transaction is fair,
from a financial point of view, to Rand.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 50%; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 50%; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Very
    truly yours,</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><IMG SRC="appendix-f_001.jpg" ALT="KBWSIGN.BMP" STYLE="height: 37px; width: 242px"></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Keefe,
    Bruyette &amp; Woods, Inc.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 222 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="margin-top: 0; text-align: center; margin-bottom: 0; font: 10pt Times New Roman, Times, Serif"><IMG SRC="proxy_001.jpg" ALT="" STYLE="height: 905; width: 700">&nbsp;</P>

<P STYLE="margin-top: 0; text-align: center; margin-bottom: 0; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"></P>

<!-- Field: Page; Sequence: 223 -->
    <DIV STYLE="margin-top: 0pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 0pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0; text-align: center; margin-bottom: 0; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="margin-top: 0; text-align: center; margin-bottom: 0; font: 10pt Times New Roman, Times, Serif"><IMG SRC="proxy_002.jpg" ALT="" STYLE="height: 905; width: 700">&nbsp;</P>

<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"></P>

<!-- Field: Page; Sequence: 224 -->
    <DIV STYLE="margin-top: 0pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 0pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->
<P STYLE="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>sc14a-001.jpg
<TEXT>
begin 644 sc14a-001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" "& (4# 2(  A$! Q$!_\0
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M:YX1TZ\-QY\QB"3L<9\Q1AL^^>?QK2N=5LK34+2PFG"W5V6$,0!+-M!)/'0
M#J:\3TCQ7HQDE>/3-2T&<#,UQHTI:,=LO$PQC/L:MZ5IVH6OBBU\6:?JO_"3
MVD+$3M&Q-RD9!4YC)SP#D >G2E8VABFXI+7O_G;<]MHK";QIX:6Q-XVM68B
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M_P#LWY>M<OI%U<1_#/5)(9)(I].U2"ZBD7JC,-N:-;$RE1C/E@KVW^6I]#@
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M?_U5U.K?%F/7M/N]+N-)%M:W4#QF7SC(R-M.TXVC/S8KSO5.=0DE'2<+,/\
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MO:Z9:,N^2UC<?*%&VYG'^PIY1?\ ;;'^R">:\AE@\0>-;Q[FSTV::& >7'%
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..%%% PHHHH **** /_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>appendix-f_001.jpg
<TEXT>
begin 644 appendix-f_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  $! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_
MVP!# 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_P  1"  E .<# 2(  A$! Q$!_\0
M'P   04! 0$! 0$           $" P0%!@<("0H+_\0 M1   @$# P($ P4%
M! 0   %] 0(#  01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T? D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0 'P$  P$! 0$!
M 0$! 0        $" P0%!@<("0H+_\0 M1$  @$"! 0#! <%! 0  0)W  $"
M Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O 58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H # ,!  (1 Q$ /P#^_<D#K2;U
M]?T/^%17.[8NP'=YL>#Z#>-Y/MLW ^H..]?,'[2GCC7])T7PE\,OAYJS:-\4
M?C5XK@\#^$]3LD6:Z\+Z,]O=ZWX]\=M!N7?_ ,(UX,TC7[NQ?D)KLNE3@,86
M9';J:0I.=FK:WWMI;J_(^HF8$8&UB>B-P'P"=N2#S@9Z'ITQDBM:WEK=/<);
M7,4QMI#!<11D$V\ZXS&V ,'&<@CMD'K7RIJ_Q!UWQ")OA!^S_(NI:WX?M;;P
MSXD^+6I7<.M>%?A8]K9M978DU&5+B'QO\5K73A#%%X5DE:RT_6M0TR_\22'2
M['6;5NQ^%VM_"+P/J-O\"_#7CB'6/&GA_0[O7M:MM1U9];\6ZHQU*RM=<\0^
M*-5F\R>?7[G5=2L!K-K=.FI:8UWIT%W;V^G2Z"K(F<'"7*_7IL]MCZ'HKFO%
MGB'1/"/AG7O%/B34(]*\.>&M%U/Q#K>K2\IIVE:/937]]?9"O@VEM!)<[@DF
M%B;Y#D$>0_!'XX:9\4O!'P[\7:Q;6_@S6?BQINO>*O!_A*^U%9M6U'PA:ZJ(
M-'UC[-A,+=>&[KPKJDKI\B2Z]%$JQF8*P2?0+ D8'K_C3)&$:=1QG ) #$Y
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1BB@ HHHH **** "BBB@#_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>proxy_001.jpg
<TEXT>
begin 644 proxy_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" 2X Z8# 2(  A$! Q$!_\0
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M'OVKH/!GCZT\6RW-E)8W&FZK:C,]G<?>4>H.!GGU -8GP]_Y*#X]_P"OR/\
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M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
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M"L_#LT?A?0M/OK#[4Y,MPX#;\#(YE7CIVKL/&USKUW\%M3E\265O9ZD70-#
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M;V#O!)*@)D>"V2!&8G)(1  /R[<UK4453=]1)6"BBBD 4444 %%%% !1110
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M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
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M.]/\3?#ZZN=>35]$@T.=VMEM9+76+8RQ*%^ZZ$ D,!@5:3P/>0-X4\J>R/\
M9-Q)/=-' MN)"PQ\B1KM_ETJE:]_/]7^EB=;6\OT7ZW(=>^)D^@:A)]I\.7"
MZ5%.(&O)KE(I';U2%OF=?1AP>?2KFJ?$&/2HO$7GZ<QFT@P^7&)?^/E9<;"#
MM^7DXQSTKDM1^$VMWBZO%]HT27[3<FYAO9X7-T26!V,_(1?]T$G\:ZC7O US
MJ_C+1M9CG@CMH0@U"$L<R^6=T>WCG#'OCBDM8J^__ _SNBG9-V_K7]46;'QY
M%J%SH\5MI[R_;M.>_F\N3<UNJC&T*%RY+97MTJEI?Q'N+KQ-9:/J7AZ73?M^
M[[*[W<;R< G]Y$/FC/'0]Z@T+X=7NE+XE1]1C3[?$]MI\D.2UK"6=@.@QR_0
M'MUK-T#X9ZQI6J:#?2C0(SIDQ#_8XG1YXRNTN[D$L_3C '7GFFK-K^M[_EH)
MZ)_U_5S<TKXA7.I2ZA/)H$EOI&G2W$=WJ#72D)Y8)^5,;FS^F>IJMH'Q6M-9
MUJUL)[".UCOCMM)4OX9V8XR!)&AW1D^_?BM31_!LD'A36M$U*6(KJ5S<R;X"
M3M24\=0.16+X8^'VJ:5JEBU_'X;%GIX_=S6FFK]IN2!A3([+\I'7*G)]:4=U
M?LORU_$'L[>?_ /2>E>-2^(-837)/&HU.[_L"/6/L!M/-/D_9\;#+MZ?>YS7
MJNN6]]=Z%?6VFR11WLL+1PO*Q"JQ&,D@$\?2N"C^"WAS_A%Q:R6:?VS]EVF\
M6XEV^=M^]MW8QN]NG:DG9\W;^G^&GS'HU;O_ %^?Y'72>)A!XR30+BU$<<UF
M;JWN_-R)-IPR[<<$#GJ>*YR7XIP0^'(-6?3%#7MU)!80O=I&)D0X\QG<!8Q]
M<]J-<\$Z]K/@S1[7[?:P^(-/7R_M:NQ1D92CC.W/*X[=1^-3^(_AZM_HVAP:
M9]B^T:*-L$=_#YD$R[0"LB^^ <XIO3[_ -=_NLOO$OZ^[;[]2!/BK;2>$=5U
MA=.5KS3'C2>S2\213O8 %94!##D\@=L5H:5XYNKOQ-;:/J7AZYTS[; T]G++
M.CF55&3N5?N'VR?PK'G^'FJ7/@C5].8Z';ZEJ,D;!+*T%O;Q*C [=RIO;H>6
MSUKI;[P]=W7B_P /ZLDD M].@GCF5F.YBZ@#:,8/3N13T_KT?ZV![:?UJOTN
M9P^(.? -]XH_LO\ X]9FB^S?:/O8D"9W;>.N>E0^)?B9!H6JC3;:QAN[B.))
MKCSM0BM5C5AD!3(?G;'.!ZBL2\^'?BMO#NJ>&[74])_LF>X-Q 9$D$QRX;:Q
MP0H&.H!)]JT/$/P]O[GQ!+K&DQZ#<R7<"0W$6L6IF6-E&!)&<'G '!X]:GHO
MZZ?YW*T_/\_\CM= UNT\1:':ZM9%O(N$W -U4YP0?<$$5QOQ4U%; : +C6=0
MTFPEO&6ZN+&5D<)L)_A!)YQV-;-G#J/AR7PYHEI]@FMY!*+UDMA"W"EMZ)&
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MGAF\L8[V2V%M<6^H*YBD4'(;*<@BLM/AU?QV=BS7MM/J!UQ-6OY6!1&QG*H
M#TSQG'?I3CKO_6OY6#1;?UI_F5=:\87ND^*O#E]KZRZ+;FUNWN;%;OS58KPF
M=N%=CQCZUWGA_4KS5](BO[S3O[/:;YHX&EWML/W2W P2.<<X]:P_$W@I/$WB
MS1[^\BM9]-LX9HYX)2=S%Q\I Q@X//)%06D/B+PGH.G:8DUC>;-12VB:3>TC
MVA/H ,.J^Y&%)HCJK?UO_7R):UNOZT_KYV.PO9+F*QGDLX%GN50F*)GV!V[
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M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 5;O4K2QEABN)@DDV[8N"20HRQXZ #J3QR/45F6/C'1-0>U6">Y5
M;L@6\DUE/#'*2,@*[H%)(' !YKD]>O)&M_&NI9/VB$)I-F/[F]4SCW+RC_OD
M>E6+VRU#2[CPIIVHWME=6D5TB1VMI:M!("D;;7),C[E7'( 7J.>U"\_+\;O\
M@?EY_A;]3T&BO,XM<N)?#&A(=2G%[K.J&<$3,76W$K2,!@Y"A%"X]\4^/5!8
M7-OJUSJU]>0WQN+JTNK:Z<1-$J%Q'+;O\J  8W*,Y')!/(]%=_UI_7W#MK;^
MM['HD$Z7",Z"0!69#YD;(<@X/# $CT/0]14M>9Z,+Z_N;>+4=6U(6]AH<=Q>
M+'=.AEEE+/RP(;@+P00>V<<&EH]]XAUB*TM+FXWPVNE0W4GG:K+9.YD+$.TD
M:,S!5 ') SR<]FU;3^NO^0M]?Z_K5'K-%>=2RZA<65E%=:VMY-I]DUS?6]E>
MRP&>-L^7*DZA=Y 4C!PI)R<<5!=ZBMWIW]IQ:OJ=SI^GZ>CW-M]I>UNXV==Z
MRY7:LK;2!M/R\=SD% M3TRBL35]3CTCPFUY+->,!$B+*H03%GPJGD;0V2,Y&
M!Z5PVH:A=:1JFK6HN+L0P:'-<7*2:I+.YE) 0Y./*;.[[AP0>@XH?5(:UMYG
MHL6M:;.EH\5Y&ZWCM';E>?-*YSM]0-IYZ5:@G2X1G02 *S(?,C9#D'!X8 D>
MAZ'J*\UMM(M-'U;3HWEN_+T'1&NY<WLI E8\<;L ?(_&,$'&, "I-&34KZ6V
M2\U'49$T_1([BXBCNI$,\\I9P&92#P$QU[XZ9%-V5_*_Z_Y/\!+7;^OZNOQ/
M2Z*\U\/-X@OAH6JRZA:)-?.LTA?6)6$\1&6C2V,80$#T.1MY)YKI?&<MT]EI
M^G65Y+:7%_?Q0B:%BKJH)=\'_=0C\:&FM/D%SI:*\TNO[3FU?7+6&Z\JPTK8
MD;76NSVS1EDWF5V",7&6P S;1MQBI9+Z[D356U[69+<Z+80'=97#1+),T>XR
M\8W@G "D;3@\<U-]+CMK8]&J*2=(I8HV60M*2%*QLP&!GYB!A>G4X].M<!H&
MJ75C=0R:OJ4_E:=H,=Q=F>8X:65BQ+ GD@(0/3.*S;'6]3ATH7D]]<O):Z!+
M?R*TK$-+.Y,0(SSM"D#TSQ5-6T_KK_D):_UZ?YGJU%>9M9ZS;:OIVA)>W-T?
M[-%U>/=:O/;&=P0ORNJL5"]2%VYR"Q/>U9S:G/+H>BW^KHUM<_:KAKBQO&<R
MQ(1LB$^%8D!N6&"=G7K1;^OO_P @Z7.PFU_2[>\EM);H+-%)%$X*-A7E^X"<
M8Y_P]16E7DL4"-X4UB:WNY;M]1U^*&SFED,CNL<L:K\QY; 1N3V&<]Z]:I=+
M_P!;7_4'O;^M[!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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M0*9'/15SU/L* +%%4+[6])TR:.&_U2RM)9?]6D]PD;/] 3S5X$, 000>010
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MT_Q$G]L7 -W<7$",AW#Y,2*3@=?3FN_TSX>II=W:SQ^*O%$L=LRE;>;4-T3
M=%*[1E?:MO0?#UIX>2^2TDG<7MW)>2>:P.'?&0, <<>_UK1M.3EW_P [DQ5H
MJ/:WY'/?$VXFTSX;78LC]C4^5 WE #RHV958#'08..*H>+/!?A;3OAY>7%EI
M]I:RV=KYUM>PJ%EWJ,J?,'))..I[UWU[96VI6,UE>0K-;3(4DC;HP-<?#\+-
M$1XXY[[6+O3XF#1:;<WK/;)@Y&$QT'H2:C>_GU*6EO(XO4)K_4_&'ANYE\-6
M_B"\F\/))+9W,D<:[BV2^9 1GV]Z]0\*6[0:/F3PW:^'Y7D8O9VS1LOH&)C
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M@#  /?-9E_\ #W2=0DUUGN+V)=:$?VJ.)T"@H00RY4X)QSG/4U'V;=_SO?\
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M7#6_PKT2&>W\V^UBZLK:020:?<WA>VB8=,)CM]>]=S5-W1-M0HHHJ1A1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%(P+*0&*DC&1U'YT +17%F#61XS71_P#A*=4^SFP-UN\FTW[O
M,"XSY&,8]J9;^,9]/O\ Q"NHV]]=66GW@0W,44>RWB,:'+<J6Y+$[0Q ]!BA
M:_UYV [>BL*]\4V]K=7$$%C?7QM$62Z>U1"L"D9&=S L<<X4,<=N16BVJ6O]
MC-JT;F:T\@W"M'U=-N[C/M0]%<+7=BY16*WB>R1-*<Q7&-3A::'Y5^55CWG=
MSP<>F>:J:7XUL]3ETT?8-0M8=20O9SW"($E(7<5^5R0<9Z@ X.":=M;"OI<Z
M6BN(U/QI),^CG3+>\BM;S4XK=;QXXS%<)DA@O)8 XX)5<XX-:H\8V)=9/LM[
M_9[3_9EU#8OD&3=LQ][?C=QNV[<]Z2U_K^NXWI_7]=CHJ*Y>7QS8PMJ#/8:@
M+:PG-M-<[$\LRY "#Y]Q)+#!QCGDBI+WQ*L>E7$]U9:OIC0S0QL#%$7.]P!M
M;+1L.<'!R!GH<4+4-CI**Y?4?'%EIRWDW]GZC<6=G+Y$UW!&AC63(!7E@QP2
M 2!@'O3K[QM:6-SJ<7]FZC-'IA7[9/%&A2)64-NY<%@ >0 3P>* L=-16!=>
M++6">>.ULKV_%M&LMS):(I6%6&X9W,"QV\X4,<=N127/BVS!1+"WNM19K9;M
MFM%4B.)L[7;<R]<'@9/'2AZ*X+4Z"BL+P;J-SJW@[2]0O)?-N9X \C[0NX_0
M  5C>%_&<MSI>G?VK;7I:ZN'MEOS'&L+2;V"K@'=T&,[<9[YIM:V"^ESMJ*Y
MV3QE8QO))]DO6T^*?[/)J"HODI)NVD'YM^ W!8*5]^M(/&=EYFIL]G?1VFFN
M\=S>,B>4KJ < !MQ)R,87O2 Z.BN1UCQ<T6CZFB6E[IFHII\UU:?:DC/F!%^
M\NUF'!(RK8//(J2S\9QC3XGO=-U**=K(W40>),W0506\L!N#SG:VT\]*/Z_K
M[@M_7]>IU5%9,?B*QGNM*@@\R5M2@:XA9 ,+& #N;G@?,HXSR:FU+4WL&BCB
MTV^OI9<D):HN !U)=V5!UZ%LGMFAZ;@M30HKF&\<V'V*QGCLM0FEO+E[1+9(
MU\Q9D!W(V6 'W2,Y(]\<T3^.+"WMXV>RU W37@L6LUC4S1S%2P!^;;@CH02.
M>N,D ?U_7W'3T5SY\7V$=G<RW$%W!<V\R6\EDZ*9O,?&Q0%)5MV>"#CKSP:K
MWOBVU2SN5N(M2TV[MW@\R#9$90LD@52.60J3D$@D@9Z&@#J**YB;QQ90R79;
M3]1^RV=U]DN;L(GEQ/D#)^?<1\PY ..^*J#QK)::WKT&H6$Z6EC+!#;M&$)D
M>0#:OW^K%@1P !U(-"U_K^NX'9450TS4FU%9?,T^]L98FVM'=(H)XSE64LK#
MZ$X[U8O)&BL;B1#ATC9E/H0*3=E<:5W8GHKA9->UBZ\#>'EL[K;KNL1Q*EQY
M:G:=F^1RN-OW0>V,D5=CU76=9\#VVJ:4PCU2'#3VK*I$KQDK+"<CY<D, 1C!
MQ5-6;OT$M;>9UM%<=IWB6X\4WZ7.C320:59P%[IFB&Z2<KQ#\PXV=6QWP/6L
M70?&NK77@/4&U*18M=M]-:]@F"+B>,J2L@&,9!X(QC(]Z7]?U_6PTKM(]+HK
M@]3UYH_%-O97WBG^Q;-M+CN VZW3S)2Y!YE1NPZ"NHT&6">P:6VUUM:B9SBX
M+PL!T^4&)57],\T[?U\[$W_K\34HKSP>.+H:UJ?A^">&;69=1>WLDF 6."(1
MJVYR,$\[L#DL>.G([NQ@GMK**&YNWNYU7#SNBJ7/<X4 "ETN-Z.Q8HKE?&NK
M2Z6VBJNK_P!E6]U>^5<77[H;4\MVZR*RCD#G%5]&UF2;Q3%96'B Z_I[VSO<
M38A;[,X*[1OA55^;)^4\\9H6H/0[*BN&M/$VI2^,P\D@/A^YN9=.MUV+Q/&H
M._=U(8B1<9Q\HIH\6:A8_$34;"_*MH9D@MH9=H'V>9XPP#$#.UCD9).#@=Z%
MK;S_ *_R^\'I?R_K^O0[NBN"O-;U>6-(8M1DMVE\1&P\V**,LL."=HW*1VZD
M$UK?:=1T/Q#IEC=:E+J-GJ1DC5[B.-9(I57>,&-5!4@-U&<XYH6O]>5P>G]>
M=CIZ*I:EJ)T^.,I8WE[+(VU(K6,$],Y+,0JCW8CTZUB'QS8+;HS6&H"X:^_L
M]K3RT,J3;2P!PVW!&.02.1[X .HHKG5\8V/V&ZFFM;R"XMKA;62R=%,QE;&Q
M1M8J=V1@AL>I&#4&A:_>:IXPUBRGAN+6"UMK=EM;A$#([%]QW(2"" O1B/UH
M2N!U-%<[XNU&_MK.TL-(F\G5-0G$,$FP/Y8 +.Q!XX53^)%9DGB>]N/"6AZC
M"_D74]_;VMVNT'#>9LE3D<<@BA:@]#M:*P?&6HW>D^%[F\LI?*N$>(*^T-@-
M(JG@@CH32^,]1NM)\':I?V4WDW,$!>.3:&VG(YP01^='0=M;&[17)Z1J&GW6
MHP1V_C\ZE,>1:">R;S,#)&$B#>_!'2L[PGXMU&ZU34-.UEE_>W-S_9LX4 2)
M&[*T9P -RX!]P?:AB\SO:*QO"E]<ZEX2TN^NY/,N9[97D?:!N8CDX'%<KX9U
MQ-7M+9KWQZ\6I2S.AL4>R4Y#D!0AB+\@#OGFG;WN4'HKGH=%%<S<W]]JGB&_
MTVUU Z=9:=#&UQ<QHC2-(X+!07#*JA1DDJ?O=L4@.FHKS[4O$US:^%=9GL?%
M&G7_ -F>#R;RVDB>:-&=5;S5 \L'K@XP?08J9-<V:OID6C^+O[?:>X$=Q:9M
MI=L1!W29A12NWCDG!Z4)7=@>BN=W16#X<U&[O[O7DN9?,6UU)H(1M VH$0@<
M#GECR>:X_4?%7B&'2-%NK6Z#ROJ-X+E/*0^;!"TAV#C@[$P",&C_ ('X@>G4
M5Q'B;Q+?P^(= M-)N46UEGA:]8*K;XY6PBC(.,X<Y&#Q7;T=+A?4**P+[Q9:
MV5S>1)97UU%8@&\GMXU*6_&[!RP9C@@D(&(%.7Q3;S:X-+L[&]NW\F*=IX0G
ME)'(2%8EG!QQV!/L:%J#T-VBL_5M8M](BA,L<LTUQ)Y4$$*@O*^"<#) ' )R
M2 ,<FLF;Q7:R+$CIJ-G=)?Q6LMKLB\Q6?E0V2RE&'\2G/H>M '345YROC;5Y
M;+3KJ2QN(2^N263Q1QQL9HQY@"#YFP054$Y R#@XYKID\86 L[J:XM[NVN+:
MX6UDLY$5IO-?&Q1M8J=P8$$''KC!HZ?UY?YH/Z_/_(Z"BN9NO&UE86EY+?6&
MH6UQ:>49;1T1I2LC;49=KE6!/HW;UK<L[Q[FR%Q/:3V1YW17!3<H'<[&8>_6
MCI<"U17/6GC"RNY;0_8[Z&SO7\NTO98U$4[8) &&+#.#@LJ@]J@@\<V,[1.=
M/U&.TDNS9"[D1!&)@Y0 X?=@D<';CD9(HL!U%%<[)XRL8WDD^R7K:?%/]GDU
M!47R4DW;2#\V_ ;@L%*^_6M?4]2M=(TZ:_O'*P1 $[5+$DG   ZDD@ >]'2X
M=;%NBN8N_%S1V-^HTJ^MM2@M&NHK6Y$>Z1!QO!#E2 2,C<"/3D5:\(W-]=^%
MK*\U"2ZEN9XA*WV@0AN0#\HCPNWN,\X/-'<#=HKSB'QOK,YTJ:2PN8Q+J]S:
M/!$D3-,B+)M4?.<$%5R25&0><5TR^,+ V$D[V]W'<QW7V(V3(IF,Y&0@PQ4Y
M!!SNQCG-%M+_ -=/\PZV_KK_ )'0T5S4_C:QM+:=[NROX+FWFAAELV1&E4RM
MA&&UBK*?56/0]^*@E\>6T OO/T;5HVT_#7JF.(_9T(R')$A##&3A2QX/% '6
M44U'62-9$.58 @^H-4=2U-[!HHXM-OKZ67)"6J+@ =27=E0=>A;)[9HV!:FA
M17-1^-K&XAM/LME?7%Y<O+&MDJ(LJM$<2!BS!!M./XN>V:W+"\%_91W(@N(-
MX_U5Q&8W4YQ@@_\ ZO2@"S17+Q^.;%WN&.GZBEG;7;6<UZ\:>5'(&V\_-NQG
M'S!2!GG'-22>,[**[U..2SOEMM,<I=7FQ/*0[ X ^;<V00!A3R?<4!Y'245@
MP>*(Y9FMYM+U&UNS UQ!;S)'ON$7&=FURN>1\K$'GD51_P"$ZTJ_TZ[ELFO2
ML%@UW/+!&FZV&#A3O./,X.%((^7GCJ E<ZRBN:?QC:0Q2M%9ZC>0VD:/>7$4
M:$0 J&^8;@6.T@D(&Q4L_BZU2[D@L[&_U'RHHYIGLXU<1(XRIP6#-D<X0,:=
MM; CH**13N4$9P1GD8K,U37(M-N;>T2VN;R]N S16UL%WLJXW,2[*H R.I'7
MBD!J45A1^*(;FRCGLM.U&ZF:5X7MHHE#Q.GWE<LP1<>[<]LU OC33WL8YEMK
MPW4EVUDMCL7SC,HRR?>V\#G=NVX[T =)17&ZEXKO(]5T$6]AJ*)=2W$4]B]N
MJRNR)D %CMQGG<&VGUKHM'UB#6K22:&*:%XI6@FAF #Q2+U4X)'Y$CF@#0HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHILDBQ1/(YPJ
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MY-TT26N//2XA>&2//W<HZAN>W'/:J6E>*5U?Q7=Z;;*?LL%G'-^]@DBE#L[
MAE< @8 (X[T]W82T5_ZZ%_3[JX34&TF8>=]EM(7:[+<R,=P.5Q@'Y<\$]>U9
M?B?PL=7U>PU1++3;]K:-X7L]17]U(K$'(;:VU@1UVG.2.*DU_P 4?V'XET:Q
ME"_9+U)S(5A>27<@4J$5,DYR>,&KH\4Z,=-74!>@P-*8541N9#(.J>7C?O\
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M_P @?G_6Z_S+5%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%!&1@T44 >6/X-\1VMMJ$]G#$;S3Y]FB#S%'[DNY;))X^64K@X^X*V9/"-Y%
M(;.V0?9E\.OIRS%AS*3W&<\]<XKJX]<TB746TZ/5+)[Y>MLMPAD'_ <YK&L?
M&'VW4K2S^P[/M%[=VF_SL[?(S\V-O.['3M[TK77+_6UOZ\QW:?-_6]_T*OAW
M2M3CUE;R[TZ2U0:-!9XDDC8^8C-D?(QXP0<^_KQ6MX.T^ZTKPAI=C>Q>5<P0
M!)$W!MI^H)%:UU=VUC;/<W=Q%;P(,O+*X15'N3P*Q-=\8:7HWAS^V(KJTNXG
M=8X-MTJI*Y.,;^1@<DD9P 3BJ<KW?];M_J)+1+^MK?DC!O?#^K.^J6T=@[I/
MKEMJ$<WF1A&B#1;A@MN!&QN".>V:7Q+X5U/5]6UB>"(>7)%8O!F?R_-:&1V9
M-RG<IP1AN.2.>*ZXZM#!H/\ :UY);)"L'G.\,XDCQC/RN0NX'L<#-8=MX_TF
M>73':>V@LKZR>[-U-=(JQ,K(OEMVW9?!YX(Q1MIV_P O^ &^O?\ K]27P[I0
MAU6:_;1K^RD\@0B74-4:ZE89R5"^9(H7/?=GVJEKMS<VGQ(TB6UT^2^8:;<A
MHHG17 WQ\C>0O7'<<9^E=3-JNG6^GK?SW]K%9, 1</,JQD'H=Q..:6#[!?-#
MJ5O]FN"8RL5U'M?*$@D*X[$@=#VHZ^G_  ?\PZ>O_ .,L_#VK:/=:?K"V?VN
M9)KR2XLHI4#(+APPV%BJDK@ Y(SDXJIJ7A?Q!-I]WJMC!'#K$^IFZAMVD4^5
M&\0A8,P.W.WYC@D9&.:[NYUC2[.\BL[K4K."ZF_U<,LZJ[_12<FLR+Q=IHUK
M4=,OKFULI+6>.&(SW*J9RR*WR@X_O8P,TM]/ZZ#N]_ZZF%I'@V\L/$EQ",1Z
M);VS"QVD<2RHJOQG(QL)_P"!FH?#_A:>SCTFPOM$OI)-/=2;N369#:Y3[KQQ
M>83G_9**!D\^O:W^M:5I3QIJ.IV5FTGW!<3K&6^FXC-)<:WI-I<16]SJEE#/
M+M\N*2X16?=PN 3DYP<>N*=[_P!?UW%;2W]=BAX-TZZTGPO:V=Y%Y5PC2EDW
M!L9D8CD$CH169XAT"^U'7[PPQ/\ 9M0T=[ W",H$#[F8%@2"0<X^4&NDAUC3
M+B_DL(-1M);R/E[=)U:1/JH.11%K.ESZA)I\.I6<E['R]LDZF1?JH.12>O\
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M/=_VOI_F:=/Y,?B2\N#N@.U4,;[7Z8"DXP>F:?=:),FAZJ(-,E$TOB..X 6
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M\1/IMA?Q)/H\4,+W%NT'G,)69D&\#!(..1W]*[VXU:"VUJRTITD,]W'))&P
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M-1,V1_#&L3[S]/F _$5TM9.LW&GZ)#/X@NH))'@B$1:/YF"%APH) &21GIG
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M$Y^8@G/O6J^FPR:M'J4C.TL41BB4D;4#$%B!CJ< 9]!QCG+TNFMB>]Q^H?\
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MV&W?*),;\#J^">>IXKTJH;J[M[&V:XNIDAA3&YW; &3@?J0*7E_7]:COK?\
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M.6>)M,T[5 Q:,$A7)7=N )/ SVKH;KQ)XMM?[,TG[%H[:_J;2R18DD^SPPH
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M7^2_R'N_ZZLZT> +*+1_[.M-7UNR7[1)<>=:7ABDW.<D':-I'ID$CUK7\/\
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MW;B?X .^>?:HY_B1)9Z#K%U?:%+:ZKI/E?:-/>X4@B0@*5D4$$<^G:G;=/\
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MB>V\5Z-]O@C$3I(T,T0D60(Z]0&7AAR"".H-/6[_ *Z_YBTT-RBBBD,****
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M^T7=G;Q*&=^,E)>&3.!G'O4VL_$+3=&U:YTQM.U:\NK>%)W6RM?-&QOXL@\
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M0YJE<?#Q5T32[+3-7FL[S3[LWBWKPK,TDC9WEE.!SG\*[:BDM-OZZ@]3CI/
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MR"BBBD,**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M7_0&T;_P;2__ "-6Y10!A_:O%7_0&T;_ ,&TO_R-1]J\5?\ 0&T;_P &TO\
M\C5N44 8?VKQ5_T!M&_\&TO_ ,C4?:O%7_0&T;_P;2__ "-6Y10!A_:O%7_0
M&T;_ ,&TO_R-1]J\5?\ 0&T;_P &TO\ \C5N44 8?VKQ5_T!M&_\&TO_ ,C4
M?:O%7_0&T;_P;2__ "-6Y10!A_:O%7_0&T;_ ,&TO_R-1]J\5?\ 0&T;_P &
MTO\ \C5N44 8?VKQ5_T!M&_\&TO_ ,C4?:O%7_0&T;_P;2__ "-6Y10!A_:O
M%7_0&T;_ ,&TO_R-1]J\5?\ 0&T;_P &TO\ \C5N44 8?VKQ5_T!M&_\&TO_
M ,C4?:O%7_0&T;_P;2__ "-6Y10!A_:O%7_0&T;_ ,&TO_R-1]J\5?\ 0&T;
M_P &TO\ \C5N44 8?VKQ5_T!M&_\&TO_ ,C4?:O%7_0&T;_P;2__ "-6Y10!
MA_:O%7_0&T;_ ,&TO_R-1]J\5?\ 0&T;_P &TO\ \C5N44 8?VKQ5_T!M&_\
M&TO_ ,C4?:O%7_0&T;_P;2__ "-6Y10!A_:O%7_0&T;_ ,&TO_R-1]J\5?\
M0&T;_P &TO\ \C5N44 8?VKQ5_T!M&_\&TO_ ,C4?:O%7_0&T;_P;2__ "-6
MY10!A_:O%7_0&T;_ ,&TO_R-1]J\5?\ 0&T;_P &TO\ \C5N44 8?VKQ5_T!
MM&_\&TO_ ,C4?:O%7_0&T;_P;2__ "-6Y10!A_:O%7_0&T;_ ,&TO_R-1]J\
M5?\ 0&T;_P &TO\ \C5N44 8?VKQ5_T!M&_\&TO_ ,C4?:O%7_0&T;_P;2__
M "-6Y10!A_:O%7_0&T;_ ,&TO_R-1]J\5?\ 0&T;_P &TO\ \C5N44 8?VKQ
M5_T!M&_\&TO_ ,C4?:O%7_0&T;_P;2__ "-6Y10!A_:O%7_0&T;_ ,&TO_R-
M1]J\5?\ 0&T;_P &TO\ \C5N44 8?VKQ5_T!M&_\&TO_ ,C4?:O%7_0&T;_P
M;2__ "-6Y10!A_:O%7_0&T;_ ,&TO_R-1]J\5?\ 0&T;_P &TO\ \C5N44 8
M?VKQ5_T!M&_\&TO_ ,C4?:O%7_0&T;_P;2__ "-6Y10!A_:O%7_0&T;_ ,&T
MO_R-1]J\5?\ 0&T;_P &TO\ \C5N44 8?VKQ5_T!M&_\&TO_ ,C4?:O%7_0&
MT;_P;2__ "-6Y10!A_:O%7_0&T;_ ,&TO_R-1]J\5?\ 0&T;_P &TO\ \C5N
M44 8?VKQ5_T!M&_\&TO_ ,C4?:O%7_0&T;_P;2__ "-6Y10!A_:O%7_0&T;_
M ,&TO_R-1]J\5?\ 0&T;_P &TO\ \C5N44 8?VKQ5_T!M&_\&TO_ ,C4?:O%
M7_0&T;_P;2__ "-6Y10!A_:O%7_0&T;_ ,&TO_R-1]J\5?\ 0&T;_P &TO\
M\C5N44 8?VKQ5_T!M&_\&TO_ ,C4?:O%7_0&T;_P;2__ "-6Y10!A_:O%7_0
M&T;_ ,&TO_R-1]J\5?\ 0&T;_P &TO\ \C5N44 8?VKQ5_T!M&_\&TO_ ,C4
M?:O%7_0&T;_P;2__ "-6Y10!A_:O%7_0&T;_ ,&TO_R-1]J\5?\ 0&T;_P &
MTO\ \C5N44 8?VKQ5_T!M&_\&TO_ ,C4?:O%7_0&T;_P;2__ "-6Y10!A_:O
M%7_0&T;_ ,&TO_R-1]J\5?\ 0&T;_P &TO\ \C5N44 8?VKQ5_T!M&_\&TO_
M ,C4?:O%7_0&T;_P;2__ "-6Y10!A_:O%7_0&T;_ ,&TO_R-1]J\5?\ 0&T;
M_P &TO\ \C5N44 8?VKQ5_T!M&_\&TO_ ,C4?:O%7_0&T;_P;2__ "-6Y10!
MA_:O%7_0&T;_ ,&TO_R-1]J\5?\ 0&T;_P &TO\ \C5N44 8?VKQ5_T!M&_\
M&TO_ ,C4?:O%7_0&T;_P;2__ "-6Y10!SEUK.OZ<L$U[H^F+;O<P6[M#J4CN
MOFRK&"%,"@X+@XR.E='6'XL_Y ]O_P!A.P_]*X:W* "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "L/QI_R(OB'_L&7/\ Z*:MRL/QI_R(
MOB'_ +!ES_Z*:@#<HK*\2:FVDZ!=742NT^W9"J(79I&.U<* 2>2. ,URNC>(
M[R'2QI,4LTVH)J LXKC4X9%8QNID61T;:Y^4,O;)7K0M0._HK@M*UG7I-0N=
M)6>T:^:ZNI'FF5WC6./RQM1=X*Y+CN0O/6JVF^*=7M=!@G=X)8;/14U"X,RO
M)+,Q+@J&W#&=HY(/T]#S&DV>C45PL7BOQ ]G<[--DN)52.19DTJYB5 S8<>7
M(092HY^5AN'88I;CQ9JXTFUNK9;:1-TJW-U'87$BQLA&U6A!$D9(.23NVX[Y
M!H$M3N:*PM7UV2S\-V^H6?V>::Z>"*%MQ:+=*RJ&SP2HW9[9]JR[Z7Q,NN:/
M:B[L([IXKLNRI(8'53'M8Q;P=W.,;CC)Y/2AZ;@M3L:*X*_\;:A%X=@U6"33
MHG%@MY):M%+/(YYRH"$>6O!PYW=\C )J:/Q5K,EU<7'EV(T^#4X+$Q>6YE99
M1'\V[=@$&3^Z<CT[NSO8'IN=O17$Q^*]6\S3[Z1++^S+Z>X18A&XFC6-)&!+
M;L$GR_[HQTYZU#IWC?49;&:\O;)S ;![M&33[B!8F !6(O(-LA.>&7&<'CI2
MZ7';6QWE%<AHUYKINO[.CDM98M,6"*]>Z\PS3LT8=V5L\8R, J<\C(J"'Q9J
MOV:QU":.S-GJ<<S6T2(PDA*QM(N\EL/D(<X"X/KUH>G]>O\ DQ+7^OZ[G;45
MY_)XJ\2P6%Q<2KI3&#3(M38+%(,JV[,7W^ORG#_^.GK5RX\1Z[_:ERMNFG?9
M(]2CL%22-]YWQHV\L&Q\I;ICD<97K3Y6*^ESM**X*7QGJBBVLO+@6^:6Z26>
M*PGN4Q#($R(HR7&[(ZM@>IXHF\7:_*EQ+;V=K:"UTE-0FANX)/,+;G#1CE2H
M.S@D<>ASPBK.]CO:*X.+6O$$3:]<P8NT6^B2-$M7E-M&T*,2$#Y?&1\JX)))
M[X'2:%J%SJVGVMY]JM'3#I.(H9%W.#@8WD&,C!RK G)QGC)=A&Q1112 ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** ,/Q9_R![?\ ["=A_P"E<-;E8?BS_D#V_P#V$[#_ -*X:W*
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ME;MCO;F55"ANOHHXZ<5H44[L+=#)G\,Z3<1A&MY$(EDF$D-Q)%(&<Y?#JP8
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M -%&_P#*)!_C7<44 </_ ,(OX[_Z*-_Y1(/\:/\ A%_'?_11O_*)!_C7<44
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M_E$@_P :/^$7\=_]%&_\HD'^-=Q10!P__"+^._\ HHW_ )1(/\:/^$7\=_\
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M^@#<HK#_ +=U'_H4]9_[^V?_ ,?H_MW4?^A3UG_O[9__ !^@#<HK#_MW4?\
MH4]9_P"_MG_\?H_MW4?^A3UG_O[9_P#Q^@#<HK#_ +=U'_H4]9_[^V?_ ,?H
M_MW4?^A3UG_O[9__ !^@#<HK#_MW4?\ H4]9_P"_MG_\?H_MW4?^A3UG_O[9
M_P#Q^@#<HK#_ +=U'_H4]9_[^V?_ ,?H_MW4?^A3UG_O[9__ !^@#<HK#_MW
M4?\ H4]9_P"_MG_\?H_MW4?^A3UG_O[9_P#Q^@#<HK#_ +=U'_H4]9_[^V?_
M ,?H_MW4?^A3UG_O[9__ !^@#<HK#_MW4?\ H4]9_P"_MG_\?H_MW4?^A3UG
M_O[9_P#Q^@#<HK#_ +=U'_H4]9_[^V?_ ,?H_MW4?^A3UG_O[9__ !^@#<HK
M#_MW4?\ H4]9_P"_MG_\?H_MW4?^A3UG_O[9_P#Q^@#<HK#_ +=U'_H4]9_[
M^V?_ ,?H_MW4?^A3UG_O[9__ !^@#<HK#_MW4?\ H4]9_P"_MG_\?H_MW4?^
MA3UG_O[9_P#Q^@#<HK#_ +=U'_H4]9_[^V?_ ,?H_MW4?^A3UG_O[9__ !^@
M#<HK#_MW4?\ H4]9_P"_MG_\?H_MW4?^A3UG_O[9_P#Q^@#<HK#_ +=U'_H4
M]9_[^V?_ ,?H_MW4?^A3UG_O[9__ !^@#<HK#_MW4?\ H4]9_P"_MG_\?H_M
MW4?^A3UG_O[9_P#Q^@#<HK#_ +=U'_H4]9_[^V?_ ,?H_MW4?^A3UG_O[9__
M !^@#<HK#_MW4?\ H4]9_P"_MG_\?H_MW4?^A3UG_O[9_P#Q^@#<HK#_ +=U
M'_H4]9_[^V?_ ,?H_MW4?^A3UG_O[9__ !^@#<HK#_MW4?\ H4]9_P"_MG_\
M?H_MW4?^A3UG_O[9_P#Q^@#<HK#_ +=U'_H4]9_[^V?_ ,?H_MW4?^A3UG_O
M[9__ !^@#<HK#_MW4?\ H4]9_P"_MG_\?H_MW4?^A3UG_O[9_P#Q^@#<HK#_
M +=U'_H4]9_[^V?_ ,?H_MW4?^A3UG_O[9__ !^@#<HK#_MW4?\ H4]9_P"_
MMG_\?H_MW4?^A3UG_O[9_P#Q^@#<HK#_ +=U'_H4]9_[^V?_ ,?H_MW4?^A3
MUG_O[9__ !^@#<HK#_MW4?\ H4]9_P"_MG_\?H_MW4?^A3UG_O[9_P#Q^@#<
MHK#_ +=U'_H4]9_[^V?_ ,?H_MW4?^A3UG_O[9__ !^@#<HK#_MW4?\ H4]9
M_P"_MG_\?H_MW4?^A3UG_O[9_P#Q^@#<HK#_ +=U'_H4]9_[^V?_ ,?H_MW4
M?^A3UG_O[9__ !^@#<HK#_MW4?\ H4]9_P"_MG_\?H_MW4?^A3UG_O[9_P#Q
M^@#<HK#_ +=U'_H4]9_[^V?_ ,?H_MW4?^A3UG_O[9__ !^@#<HK#_MW4?\
MH4]9_P"_MG_\?H_MW4?^A3UG_O[9_P#Q^@#<HK#_ +=U'_H4]9_[^V?_ ,?H
M_MW4?^A3UG_O[9__ !^@#<HK#_MW4?\ H4]9_P"_MG_\?H_MW4?^A3UG_O[9
M_P#Q^@#<HK#_ +=U'_H4]9_[^V?_ ,?H_MW4?^A3UG_O[9__ !^@#<HK#_MW
M4?\ H4]9_P"_MG_\?H_MW4?^A3UG_O[9_P#Q^@#<HK#_ +=U'_H4]9_[^V?_
M ,?H_MW4?^A3UG_O[9__ !^@#<HK#_MW4?\ H4]9_P"_MG_\?H_MW4?^A3UG
M_O[9_P#Q^@#<HK#_ +=U'_H4]9_[^V?_ ,?H_MW4?^A3UG_O[9__ !^@#<HK
M#_MW4?\ H4]9_P"_MG_\?H_MW4?^A3UG_O[9_P#Q^@#<HK#_ +=U'_H4]9_[
M^V?_ ,?H_MW4?^A3UG_O[9__ !^@#<HK#_MW4?\ H4]9_P"_MG_\?K2T^[GO
M(&DGTZYL6#;1%<M&6(P.?W;L,<XZYXZ4 9OBS_D#V_\ V$[#_P!*X:W*P_%G
M_('M_P#L)V'_ *5PUN4 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10 4444 %8?C3_D1?$/_ &#+G_T4U;E8?C3_ )$7Q#_V#+G_ -%-0!N4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110!A^+/^0/;_ /83L/\ TKAK<K#\6?\ ('M_^PG8?^E<-;E !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !6=X@T^75O#>J:=
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M78D3R B%027SC^(8[=: &?:O%7_0&T;_ ,&TO_R-1]J\5?\ 0&T;_P &TO\
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M!2ZI976K-K<MAI5VBZI+;16;RPO"8YDW%KE@0&0+\N"0"Q4#N*]*HI>0'/\
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M]:TJUODL;C4[*&\DQLMY)U61L],*3DUS DDN_BY<(XR+#1P;=2?XI'^9@/\
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MQJZ:KJ&D03WJ8_>,6&['3<H.&_$&EUCP/X:U^_2^U328;BY1-@<EERN,<@$
MX[9Z=JL&V\2>0@&K:2)@S%G.F2%2N!@!?M&00=V3DYR.!CD-MXD\A -6TD3!
MF+.=,D*E<# "_:,@@[LG)SD<#')Y!YDS>']*?0%T*2S1],6(0BW<EAL'09)S
MQ@<YS6?8^!/#.F0RPV6EI DULUK($E?YXV.2"=W)]SS[U:-MXD\A -6TD3!F
M+.=,D*E<# "_:,@@[LG)SD<#'(;;Q)Y" :MI(F#,6<Z9(5*X& %^T9!!W9.3
MG(X&.3<!R^&=(632G%IAM)4I9'S'_= J%(Z_-P .<UFS_#GPE<:E+J$FBP_:
MI9!*TBNZ_.#G( . <]<=>^:N?9?%7_09T;_P4R__ "31]E\5?]!G1O\ P4R_
M_)-%];ATL:MY9V^H64UG=Q++;SH8Y(VZ,I&"*P)_A]X5NM%MM(FT>)[*U+&!
M3(^Z/)R</NW<GWJU]E\5?]!G1O\ P4R__)-'V7Q5_P!!G1O_  4R_P#R30!I
M:?IUGI-C%8V%O';VT0PD<8P!6'J/P]\*:MJ,NH7^CQSW4LBRR2-(^68# Z-C
M&!TZ'TJU]E\5?]!G1O\ P4R__)-'V7Q5_P!!G1O_  4R_P#R31UN'D-USP7X
M=\1K;C5=+BG^S#;$0S1E5_NY4@X]NE;-K:P65K%:VL*0P1*$CC0850.@ K(^
MR^*O^@SHW_@IE_\ DFC[+XJ_Z#.C?^"F7_Y)H 3_ (0[0?L(LOL'^CB\^W;/
M.D_U^<[L[L]>W3VI]YX2T*_?4FN]/28ZF$6[WNQ\S8,+W^4CU7!IOV7Q5_T&
M=&_\%,O_ ,DU)%;>)%<F;5M)==K !-,D4[L':<FX/ ."1W (R,Y!_7]?<@*M
MIX$\,V-I<6MKI:0P7-M]EF1)7'F1Y)P?FY/)^;K[UH2:!IDK::SVV3IAS:?O
M&_=_+M]>>..<U#%;>)%<F;5M)==K !-,D4[L':<FX/ ."1W (R,Y!%;>)%<F
M;5M)==K !-,D4[L':<FX/ ."1W (R,Y %AD_A#0;G3;O3IM-C>SNYC<2Q%FQ
MYAZLO/R'_=Q4=OX*\-VN@3:'#I,"Z;,=TD)).\^I8G=GI@YR*GBMO$BN3-JV
MDNNU@ FF2*=V#M.3<'@'!([@$9&<@BMO$BN3-JVDNNU@ FF2*=V#M.3<'@'!
M([@$9&<@ I6?@+PYI=I>P:9IL=J;NU-K*=\C!D.>HW9/7KD'WK:TS3XM*TJT
MT^ L8K:%84+=2%&!G\JI16WB17)FU;277:P 33)%.[!VG)N#P#@D=P",C.01
M6WB17)FU;277:P 33)%.[!VG)N#P#@D=P",C.07 SY_ASX2N-2EU"318?M4L
M@E:17=?G!SD ' .>N.O?-/O_  !X5U/4KG4+S1H9;NY0I+)N89SWP#@-_M#G
MWJS]E\5?]!G1O_!3+_\ )-'V7Q5_T&=&_P#!3+_\DT+0"6;POHMQK=MK$UBK
MZA;1&&.8NV0A!&",X;@GJ#UJMH_@?PUH&HRZAIFDPV]U*""X+-@'J%!)"CZ8
MJ3[+XJ_Z#.C?^"F7_P"2:/LOBK_H,Z-_X*9?_DF@"G!\.?"5MJ*ZA!HL,5TL
MZW"NCN-KCH0-V /8<>U=#>V5MJ-E-9WD"3VTRE)(W&0PK*^R^*O^@SHW_@IE
M_P#DFC[+XJ_Z#.C?^"F7_P"2:.E@ZW*UC\/_  OIL3Q6>DI"KP26[[99,O&^
M-P8[LGH.3R.V*OKX9TA9-*<6F&TE2ED?,?\ = J%(Z_-P .<U#]E\5?]!G1O
M_!3+_P#)-'V7Q5_T&=&_\%,O_P DT[L"G??#GPEJ.H3W]UHL+W4YW22!W7)S
MG. 0 <]2.3WKH;RRMM0LI;.[@2>VE78\4@RK#T-97V7Q5_T&=&_\%,O_ ,DU
M)+;>)&<&'5M)1=J@A],D8[L#<<BX'!.2!V! R<9*Z6Z!UN4M,\ >%]&M[R"P
MTF.%+R)H9SYCLS(1@KN+$@?0BL'Q?\/;C4QHJZ+%I3VVF)Y:6.IHYCQV.]?G
M./[I.#@9KJY;;Q(S@PZMI*+M4$/IDC'=@;CD7 X)R0.P(&3C));;Q(S@PZMI
M*+M4$/IDC'=@;CD7 X)R0.P(&3C)!F5X<\#VVFZ'86VJ"*ZN[6\>^5XMR(DS
M$GY0#R #C!_*M<^&=&:34Y'L$D.J;?M@D9F$NT8'!.!@>F*;+;>)&<&'5M)1
M=J@A],D8[L#<<BX'!.2!V! R<9)+;>)&<&'5M)1=J@A],D8[L#<<BX'!.2!V
M! R<9(]?Z]/\D):?U_7<BT;P9X=T"TN;73=*AAANAMG5BTAD7&,$L22.3QTY
MJOI7@#PMHFH17^FZ3';W4)<I(LCDC<,'JW(QV/ [8J[+;>)&<&'5M)1=J@A]
M,D8[L#<<BX'!.2!V! R<9)+;>)&<&'5M)1=J@A],D8[L#<<BX'!.2!V! R<9
M)?6X=+#M>\,Z-XFM5MM9L([J-#E-Q*LI]F4@C\#3(O">A06FG6L.G1QP:=,)
M[5$9E"2#/S<'YCR>N<TS[+XJ_P"@SHW_ (*9?_DFC[+XJ_Z#.C?^"F7_ .2:
M%IL#UW+MGHUA8:C?:A;6_EW5^RM<OO8[RHP."<#CTQ5#7?!GAWQ+<17&KZ7#
M<S18"R$LK8'8E2,CV.13OLOBK_H,Z-_X*9?_ ))H^R^*O^@SHW_@IE_^2: )
M-0\*:'JJ:>EYIT3KISA[0*2@B(QC&TCC@<=.*8WA'0WL-2L6L<VVI3&>[3S7
M_>.2"3G=D=!P,"D^R^*O^@SHW_@IE_\ DFC[+XJ_Z#.C?^"F7_Y)H BUCP-X
M:U^ZM[K5-)BN)X%"HY9E.T= V"-P]CFM&#1-.MM5;4X;58[LVZVV]6('E*<A
M0N=HQ]*I_9?%7_09T;_P4R__ "31]E\5?]!G1O\ P4R__)- %S6=#TSQ#I[6
M.K6<=U;$[MCY&#Z@CD'D\BLR#P%X8MM#ET:'2D2PED662-9'R[*<@E]VXX(]
M:G^R^*O^@SHW_@IE_P#DFI!;>)/(<'5M),Q92KC3) H7!R"OVC)).W!R,8/!
MSP+38"IJW@+POKNH&_U+1X9[ID\MI"S*6&,<X(R0.AZCM1J7@+POJ\=DE_I$
M4PLHUB@)=P51>BD@@L/8YJV+;Q)Y#@ZMI)F+*5<:9(%"X.05^T9))VX.1C!X
M.> 6WB3R'!U;23,64JXTR0*%P<@K]HR23MP<C&#P<\ %<^'BWBO3]0 @CT_3
M;-H;2",8*NY 8XQ@ *H QZFN@K'%MXD\AP=6TDS%E*N-,D"A<'(*_:,DD[<'
M(Q@\'/ +;Q)Y#@ZMI)F+*5<:9(%"X.05^T9))VX.1C!X.> #8HK'%MXD\AP=
M6TDS%E*N-,D"A<'(*_:,DD[<'(Q@\'/ +;Q)Y#@ZMI)F+*5<:9(%"X.05^T9
M))VX.1C!X.> #8HK#^R^*O\ H,Z-_P""F7_Y)H^R^*O^@SHW_@IE_P#DF@#<
MHK#^R^*O^@SHW_@IE_\ DFC[+XJ_Z#.C?^"F7_Y)H W**P_LOBK_ *#.C?\
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M,RYY 8W! ..^#]#0!L45A_9?%7_09T;_ ,%,O_R31]E\5?\ 09T;_P %,O\
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M&F%KI6JK:M=2W4%\Q2.229@V5'EOP#GJ.PIZ7_KS_P" !T&H>(-7L+O2-/\
M[)LGU#46E&W[>XBC"+N^_P"3DY'^R*T-$UG^UDNXY8/L]Y9S&"YA#[PK8# J
MV!E2""#@?05A7&@:N+K0+RPTO1K0Z8\^;**Z=(MKK@;6$/!SDD;:NZ9H^KZ;
M/->(UB;G4;X7%^K%RL<6S:%B.!EAM7D@9YX'%"_K\+?J#_K\;_H7;SQ/I5AX
MBL="N+C;?7J,\2XXX[$]B><>N#[9V*\^U?X2Z?K/B.37;C6]62]:02(T;H!'
MC[H7Y> *[]%*QJK.7( !8XR??BDMO,'OH.HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M%?Q7:W-EE1;)+$3(_P KRK\[#GGECUX';%4+&]N?$EMX<\!W/-SI]\ZZD/\
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MD9_&O&O#JSV?@[XC:6[0I;V<;K%;V\SRQ0DH^0C/R>G/N#7J7@;_ )$/0?\
MKPA_] %-+1OT_%,'_G^%BKH'C[2/$?B+4-#M(KN.[L2XD,R*%?:VT[2&)//J
M!2:'X_TCQ!XHO] LHKO[39!S))(BB-MK!3M(8GJ>X%>4V]^?"]]=^*E1BD&N
MZA:3A5SD.@*?DR_K6OX'L9M%\6181FO&\,&Z<$<M(\I?G\3BDK6N^WXVO^0V
MM6EWT^^WYGM-%?.6D_VW)IMAXEM=)*ZK-=@MK<^NQH+@[^8C$[  $#&WKQ6_
MXH74-?\ B'K=I<Z#+K$.GP1&VB_M46:VH*Y,HR?F.3U[8Y[4/3^O*_Z_TA+7
M^O.W]?YGK>JZ]8Z-/807;N);^X%O JH3N<^O8"GQZIYFN3:7]@OE\N$2_:VA
MQ V3C:KYY;VQ7C.HZ5_;>C^ I?$4<=U=37OV&:9+L2B6'<<#?&Q!/N#GCK75
MP01VOQ6URWA7;%%X?1$7).%!  YH>E[_ -[\%<-WIY?B['I=%?/$>@VMI\%K
M#Q5%+=+J]K,#!,+AP(E,Y4JJYP >O3.:[G6;*V\4?%2UT?6Y)3IT.EB[M[83
M-&LDV[!;*D$D#/3T^M4XV=OZVN*^E_ZWL>G45Y)X.TW2KO2?'>G7FIM_9;Z@
M\<EX\R@A,=2[9'XGK7J&EP6]KI-G;VDOG6T4")%)N#;T"@ Y'!R.XJ>E_3\1
MO>WJ6Z*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ K&F\*:)/=:I<R66Z;5(1!>-YKCS4 QC&<#CTQ6S10!D/X7T:2#2H&L\Q
MZ4RO9#S7_=%1@=_FX]<U#J/ARS*ZU?V5K_Q--0M&@D?S#^\PA"C!.T=O2MVB
ME)<R:?6_XC3L[K^K' >#/AQH]AH^CW>K:%;IKEK'\[$[L/N)!(4[6/3GDUT>
MO^#O#_B@QMK&F17+Q\+)N9' ]-RD''MG%;E<%XE^+>@^%==GTB^M-2DN(0I9
MH(XRAW*",$N#W]*<G=ZBBFEH=-<>%]%NM#CT633XQIL;*RV\9,:@J=P/RD'K
MS[U+K>@:7XCT[[!JUHMS;;@X1F*X(Z$$$$'Z&N1T[XO^']3TC5-2AL]36'34
M1YE>*,,P=MHVX?!Y]2*[V&19H8Y5!"NH89ZX(IM=P6FW]?U<YZ^\ ^%M2:Q:
M\T>&8V,:Q0;F;A%Z*>?F ]&S4B^"/#J645FFG!;:*\^W1QB:0!9O[P^;@?[/
M3VKH**+@9[Z)ITFNQ:V]OG48H3 DV]N$)R1MSCJ>N,U7TWPMHNCZM>:II]@D
M%Y>?Z^17;#\Y^Z3@<\\ 5R>N?&7P[H&MW>E7=EJCSVK[':**,J3C/!+@]_2N
MO\.^(]-\4Z1'J>ERF2!B5(889&'56'8TEJKH'O9DNK:)IVNP0PZE;^?'!,L\
M8WLNUUZ'Y2/7ITJ+5_#6D:]<64^IV2SRV4GFV[[V4HV0?X2,]!P>.*U:* ,/
M7_!WA_Q08VUC3(KEX^%DW,C@>FY2#CVSBII_#.BW.@'0I-.@_LO;M^S*-JCG
M/&,$'/.>N:UJ*.E@OU,6S\):'87&G3VMCY<FFQ-#:'S7/EHW4<GGKU.352_^
M'WA35-7_ +5O-%MY;PG<SY8!SZLH.UC]0:Z6O/=3^,WA/2]9?37:\F,;[))X
M80T:$'!Y+ G'L#1?7S"VATFO>"_#OB8PMJ^EQ7#0C$;AFC8#TRI!Q[=*U[.S
MMM/LXK2S@C@MXEVQQQKA5'L*S+WQ7I%C8Z;>O<&2#4IHX;1HE+>8S_=^@^M;
M5/5!N9\^B:?<ZU:ZO-;[K^U1HX9=[#:K=1@'!_$4RY\/:7>:W:ZS-:YU&U4I
M%.LC*0IZ@@$!AR>#GK1KFO6'AZTAN+]W5)IEMXPB%BSMT'MT/)K3I(#FSX \
M*G7/[9.BV_V_?YGF9;;NSG=LSMSGG.*P/'6@ZCJ6O6EV/"&F^(;*&,;5-T;:
MX1\Y^9BVUD_V<'K7H=%';R'?<X/PIX$CC\+:CI_B.QMG&I7KW<EI&V4AW8PH
M88Y&.H_"MS2O!'AO1+J&YTW2X[::*)H5=)'R48Y(;GYOJ<FN@HH?]?D(S]*T
M33M$TI=,T^V$5DN[$19G'S$D\L23DDUA)\,O!L4QFCT*%)/.6<,LC@JX.1CY
MN!_LCCVKK:S)=>L(?$5OH3.YOYX6N%0(<! <9)Z=1THZWZAT_K^NHDGAW2IM
M3N]2>US=W=M]EGD\QOGB_NXS@?4#-02>$M#F\/P:%)8YTR JT<'FO\I4Y'S;
MMQY]36T[;49L$X&< <FJ.CZG_;&F17OV&]LO,)'D7L7E2K@D<KDXSC(]J%_7
M]>H?U_7R.+\=:!J.I:[:72^$--\0V4,8"*;HVUPCYS\S%MK)_LD'K6K\/?#E
M[X=T>]_M".&&YOKV2[:WA;<D(;&$![XQ7744+16!ZF/J7A71-7U:SU6^L$EO
MK(AH)M[*5(.1T(!P><'-+%X8T>#3=1T^.SVVNHR22W4?FN?,9QACG.1GVQ6O
M11TL%S!U#P7X=U71[72;W3(YK.T4);H78-&    X.[L._-:&DZ/I^A:?'8:9
M:1VUK']V-/7U)/)/N>:O5ERZXL.I7=F^GWX2VMOM+77D_N'']U7SRWM0W:[8
M6N/ET'39]>@UN6W+ZA;QF**4R-A%.<X7.W/)YQFDU;0-,UQ[-]1MO.:SF$]N
MPD9"CCH<J1^1XI/#^N6WB30[75[-)DM[E2R+, &&"1R 2.WK4NLZK!HFC7>J
M7*2/!:Q&5UC +$#TR0,_C0_=WZ O>VZD4GA[2IO$$.NR6:G4X8C"EQN.0ISQ
MC..YYQGFJFK>"_#FN:I#J6IZ5#<W<( 61BPR!T# '#?B#6IIE_%JNEVFH0*Z
MPW4*3(K@!@& (S@GGFJ.G>)+/4_$&JZ-#'.MSIGE^<SJ C;QD;2#D_B!3M9V
M[?TPO=7((/!?A^V@L8(=/VQ6-R;JV4328CE)R2/F_0\>U3-X4T-_[4WZ>CC5
M2&O0[,PE(Z'!/'X8K9HI?U_7W+[@_K^OO.:TSP!X7T:YM+G3])2WGM&=H9%E
M?<"PPV26^;C^]G':J_\ PK'P898Y3H,#.DAE!9W.YB<G=EOF'L<@5UO05F:%
MKUCXCT\WVG.[VPE:(.R%=Q4X. ><?6B^H=!TVA:;<:O::K); WMI&T4$@=AL
M5A@C:#@_B*HKX)\/)I,&EKI^+*"Y^UQQ>=)\LN2=V=V3U/&<5OUC:=XFLM2\
M1ZIH<,5PMSIH0S.Z@(V\9&T@Y/X@4+?3^NO_  0Z?UZ?\ ;?>&-)GUI/$/\
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MSS8!VQ@$DGGOBI-!\;Z9KUU<V?D7VG7UO'YLEIJ,'DR"/^_C)&/QHW_KY_\
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M8=LB5\$[?F' P35328KC3M"^(^D,(8;>UM5*6MO.\T4)*L2%9^<^ON*]9N/
MWAN[T"VT.XTM)-.MCF&(R/E#DGA\[NY[T0>!?#5K!>P6^E1PQ7L MKA(Y'57
MC'08!X/N.?>JEJY>=_T_R%'1)=O\W_F>8R:/IVA>'?!OB'1;ZX_MBYGMH&D^
MT,_VA&'S1E22 HZ8 &,8K2GOKO3?$'Q0O+$LMS#;0-&RCE3Y9Y_#K^%=QIWP
M_P#"FDZG%J-CHL$-U"@2-P6.W QG!)&[_:QGWK3M] TNUU'4-0BM%%SJ(47;
M,S,)0HP 5)P./0"B3O>W6_XV_P OQ".EOE^#9XUX6MM6T[6/#6H66B_V>;YU
M^UW<VO1RG4D8?,WE%@2PSNP 2/3->F?$;4H-+\$WLMP]XBR%8A]CE6*0EF&!
MO((4'N<=,U9TCP)X8T+4VU'3='A@NVS^\#,VW/7:"2%Z]@*UM4TNQUK3IM/U
M&V2XM9AAXWZ'\N0?<42=U;^O3^ON".DKGCOAG0_[.^([:#-8VUC8W^DR&XL+
M6^EG#@Y&79C]XCT[=.M:7PS\-Z(WPXU:6[_T3[:9[:\N?.V[8E) ^]E5P"><
M?6NZTKP+X:T2[M;K3=*2VGM@ZQR)(^<-][=D_-_P+..U.M_!'ART&J+;Z8L:
MZHI2\"R.!(#G(QGY>I^[BD]OE;\;_EH%_P T_P +?\$T-#M;.QT&PM-/G^T6
M<,")!-O#[T P#D<'([BO,[3PUIWB;XI^-+;5!/);*MN3"DS1JQV#!;:1G&.
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M>*-&O)VUR:2VC,OVEF-P"/FCV$D;1C& !BJMYK6KGP3>^&-)^%^L:=:W(/S
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M_%>H>)X(8=9^$>KW20/OC_>3H5/U6('\*:?O7\T_R_5: NB[+]7^CU.ET_\
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MY3+S*RGV98@1^=2:?XRU+2](.E67P@U&*P92KP8E*N",'=F'YL^IS4K9_/\
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
-BB@ HHHH **** /_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>proxy_002.jpg
<TEXT>
begin 644 proxy_002.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" 2X Z8# 2(  A$! Q$!_\0
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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MS::_J\$Z6J6AD!@<O&I)7.^)N1NQGV%69?"T;W$LT6JZG;M<!1=_9Y$3[25
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M1.(RH'4JV<CI7HEQ=0VEE+=SR*D,49D=\\!0,DYK OO!.GWMFE@+N^@TT0I
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M8E1HK7[*J%LJ5W[RQR,EB2<G/>EO_#L5Y?R7L%_>V%Q+&(IVM60>:@S@$.K
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M?$C;I(?]9& K$EA[#![$TR'XAZ;<LD4%C?2W;7?V3[-&8682;"_+"39C /\
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M;HJG?(2>I)( ')].":V-9\)6&N74UQ<S7*/-;+;,(F4 *L@D!&0><C\JJ2^
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M(F>,PQR$L975<C?ZCMP:W7\46']BV&IVZ3W2:@56UAA4>9*S G W$ < Y)(
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MG:9:6U@JR75P-2=PJLI((!A7.,<Y(K6TO6]/UCS/L4KLT6TNDL+Q. WW3M<
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M)5>PM$L-/M[2/;LAC6,;45 <#'W5  ^@ %6*IVOH)7MJ%%%%(84444 %%%%
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ML(T;J[!I&V'80(VR &YQ@FH#X_N6^U-%HJE+&(27A>[VE,2O&RH AWD%"1R
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MKQ=/O[5YK5$=K"*2,/$+ES(0@.$D:,AMI^;+-CYLUO7?CUDU.4V5F;JU4".
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MDKQUW_X8U=6UGPEJTFF6T^I6]RTUV8[:2SOMICE"'^.-P1P=O7G<!WJ"#1_
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M7#-X1U58IQ-H@NH)H9$TZU^T1_\ $K=G8J<EL# *\Q[BNW R*JOX&\3#4-@
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MD<CJ>N*Z#Q!97$NI+<6VEW[S>3Y:7FG7B12+R?ED1V5649R/O<D\#NY-WO\
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MPOI44J,DB6<2LK#!!"#@UJ5I)6DT3!WBF%%%%24%%%% !1110 4444 %%%%
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M>)+FVBFD$*L@$X"*V&CCFDP<9VDMW!QU%==H&MR>(;2]OK9H19&4QV4@4G>
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MYQ5NTUO4[_6[73;'Q')=:?)<!1J44,):3]RSL@(38<%5Y"\9P>14Q2DN7O\
MKK_7W(&TGS?UU7]?>.T_P)J%G8O:E;+<+3[$EP]]<S$HS#<XC?Y(^!D( 1NQ
M\P%6T\):M:?9! FDW8AMFLB+P,5,?F!Q*5"_,YQ\RY )YW5)XXN;JPU'1KRU
MN9%EB%SY4/R[9Y?*)1#D9))!& 03DXYJ;PGK%QJ&HSP+J_\ :]J+6.5Y_+1?
M)F).Z+* #H =IRP[GFJ3YG?^OZU?_#V$TNO]7_K^M3)3X?W@2:"1+.9%6?R9
MIKZ[;>9#GF(,%BZ\E2>Q %12^!-<EB9V>Q::0RK\UTY=%=54[I/+Q."5R5DC
M]!NXYK0PW,WC&6WBUNYBN4O[UB0L3/$OE1E< IC!&.H/ X]:99>+_$=[=Z>7
MU"QM3(EJ4MY7VF[#A2[+&(79N2PRKJ%QD\4H:I6&]+L[C6='N[_2+&*&2"2Z
MLYHIPLPV13,G8X!V@]> <''!K/T?PS?V>OQZK<M:*7-T\L,#,51I3%@*2HW#
M]V220,D]*;XTU"[T^ZLGLY8(9?L]TRRRP[]A"K@Y"LP'K@'W! KDIO&>L"QB
M9-<55228><1 ?/(5654DV>5-@D@JOEN>W0FB,KMO^OZ_I!:RL=UKMIKM]?11
M6]MI]QI2@-)%-=O"\K@YPV(G!0<''&3UXX-"Q\+Z@E_:PW:6+:9:7ES=HRRL
MTDOF[_D9"@4 >8W.XYP.!63+XVNX]D)O&%XM_/YMK]G4RK ('D0%.O4+CG)Q
MC/6L_3/%FM:AJ$=A%KH=)Y;7;<1^1*RA_,#@;4"#E1@'<1W)Y%./]?U\P;5K
MFU-X*U2*_6[TNXMK &4KY%M(\,<4(8>7@(H#X&\E& 4F0\\"NE\1:7<:I96X
MM3"9[:YCN4CG)$<A4_=8@$@>^#@@<&N,M?%&J&_CMK_7/LB0O)'#(;1'-^ZW
M#1E"H')VJO";2-V>@Q5SP?X@UO5-<$=_?V;AHI&GL4DW26S!@ "HA7R^XP[L
M3U'2A:V2]?Z_KUW02T;OZ?U_7Y&EH_AF_L]?CU6Y:T4N;IY88&8JC2F+ 4E1
MN'[LDD@9)Z4GB+PQ?ZMK)N+<VAMI8K9)1,[!AY4_F' "D-D$CDCD>_%#4M?U
M)-?NK5-3,%RE[#;V^F+$A,T#;=TP)4L<98[@=HV8(--TJQ:W^$%[]GFE^T3V
MMQ,TJ(@=G.[^ZHR3CJ03[]*GFM'F73^OZ^XI*\N7OI_7WBZCX(OYM7N-1A,$
MOF3SE8/MT]J-DBQC)>(9SF,Y7H0>HK>O_#[S^#(]#@\A62.&,!BWEX1E)')9
ML8!QDGZUQ6C7M[9FZU#3M7>ZA;4+. Q[(F2X#PQ*26"YSR,;2!QSFMCP1KVM
M:MJ174-1LKA6MS)-;1R;I+:3<!M($*>7W&UV9N."<&K4;>ZNGZ:D7OK_ %K_
M ,.6I_#&K0^(9]6L#8.9+EW6*:1T&QX$C))"GY@R9QT([BJFF^!+VUT^*"X>
MRD=9K%V(+$%8 -PY7U!Q_2EU,^'SX@UA?%K0!\I_9QN.HBV+S!WW[]V=OS9Q
M[55E\2:E!=O'%JDJW4=R((]*EA0NUOL_U[97?G^(MG;QC&:A245?^M/^&_I%
M25W9_P!="63P3K*W>I/"VE/%?1W,!$V\E$EE9\CY<9 (RO<C&1UJJGPVOH;"
M?3UD@F4)<>1=SW]R69I%8#,.?+0_-RPW9'8$TD6M^(HK"2XDUN25HM.M-0(:
MWA&YI&8,G"?<P/\ >S_%CBI(=6\0S%"==F47%O?3 "WA_=>1*%0+\G<'!SG/
M;!YINT+KM^E_\G_3!2NTUUU_+_-'::KHYU+PO<Z.LBPF:V, <+E5XQTXX]O2
ML&/POJMQJ\&IW0T^WD2:VW06TC,FR(/SDH,L=_ Q@ =37/0^,M9FL!=G4PFI
M.9 ^E"%,0PB)F6;IO[*VXDJ<XQ75>&;[4GU6:SOM0>]4Z?;78:2)$*-(7#*-
M@'R_*,9R?>JL^9OK_7]?\$E6Y4NG_#?\#_ABQXKT2[UB*T:R6 RP.Q_>7$D#
M ,I!PZAAWY#*P(].M8]EX*U&VL7BEN+)[AKVTN/-1-@VQ(BD;0N!]UL <<]J
MH:H=+M?$L]P&T[4;]KR,BVE#0ZC%\RC$39W-&/O8 "D!N2":SM.UN[TZWN+2
M7Q))9)'->R"62.)FDN!,VV$Y3NN'VC#'=\I P*A6Y6_Z_K3]"GO8OP^ M<:2
MW^U26!6***)@+B1E;9/'(2J>6%0$(WR@<$CDCI>U#P+=7FJ7S%;6>UNKAKD/
M<7ESA24V[3 C*A_WMP..,5CW_B&_U#1-;AU/4OLUXUC.IT?[,#A/(#"3<!N7
MDGDG:>@&:Z_P5J%W?:1*FH/MO8)/+DMP!MA7:"@4XRP*D-D]R>G05:]_+]?^
M&%?9]P\):%J&C?:S?/"!,(PD<<S3D;5QDR,JL1C& <XQU.:R9?!FJ20FRWV*
MVT,UU<0W 9O-E:97&UUVX4 R<D$YVC@5@Z=K=WIUO<6DOB22R2.:]D$LD<3-
M)<"9ML)RG=</M&&.[Y2!@5T?C25KOX?V4VHK;6[RSV37 NDW11DRH6WJ2,J.
M<@D<=Z3]Y7]%]_\ P[&O==ETO^'_  QO7NBO>^%5TDS+',L,:K(!N59$P0<<
M9&Y1Z5FZGI?B/7++R;P:5;^3)%-'%'))*L\B.&^<E5VJ<8P V,YR<8/-R:M8
M:-8)#HNM^'8FN+C$LVBV\%L@PC%5=G>5021P2I)P0!GFJ]IXQUJYFTEIM54?
M:(XE:W@CC\R1F8H[;'0%_7*-A<'<O:AN[;Z_J3915OZL;A\&:E<:E>ZC<&Q2
M6[ANE,,;LR1/*D:+@E1G_5DL<#KTJ5/!EVOB#3;T-:?9K5+4-'DYS%',I(&W
M'61<?0].*J:=<O%\'&E%T+N:*V8.9T23:X/*,NW!P>,,"?6K&C:MJ\FK64EQ
MJ3S6]UJ%Y:FV,,:HB1E]A!"AL_+CDXQVSS32ULNG_!')Z-O^M;?H5I? 6H&U
MTE(I;$/80-N1BVR63SXY5!^7[IV$$]03T-7+;PAJ#:[/JUW]A1[A+G=!$[,L
M32)$B[25&>(R6.!UZ5C^.!)_PE4D?]I2PF6"Q\B(A"I878R5!&25X/7OSQBF
MZGXD\065U)8?VQ##!!<SQG4+QXX"Y58V1"PA=,_.W 0%MO!R.9T<=>M_\F4]
M)?UZGH6C6<FG:'864S*TMO;QQ.4.02J@'&>W%7JIZ3-<7&CV<UV8S<20HTAC
M5E4L0,X# ,![$ U<K25^9W(C;E5@HHHJ2@HHHH **** "BBB@ HHHH ****
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MEM;20.FHF3!WD'("#V]:[*BGV\@[^9YYJNG?$W5])N].N&\(K#=1-$[1FY#
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MKA..<%QUQP/PK0\;Z'>^(O"UQIVGO;I=/)&Z-<$A/E<-S@$]O2NAHIMW_/\
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MC=:RJ7#G:A0%<NI/ 9<CWIE[XWT6TTM[Q)I)F"2LL(MY0X,?W@XVYC . 2P
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MA<YP>"?0BCK;I_7]?@+6W]?UN=!'XRT"5I0+XJ(ED9GD@D1"(SA]K,H#$'J
M2:1/&.B/&[+<7!='$9A%G-YVXC<!Y>S>>.>G YK+O_!7F:1#!]JEE:V%RRK#
M$H=VE;>,;F"C:<=3@^U9L'@[5->FN=1UQ+1+LW"O#%>V,<T941[#OB61A[C$
MA/'X5*;*.Y35+&32_P"TUN8_L7EF4S,<*%'4G/3'O7/WGCNQ6:QM].AFNKB[
MN5@\N6":'RPRE@[ QDX(!QQ@\G. 2-'_ (1RW;PF^@.ZK$\#1,\$*0@$]U11
MM')Z8_.L^+PC<R:U::OJ&J)<7EO)&?W5KY:%$210N-YP2922<GI@ 5?VO(6O
M+YFWJNM6&BPQRW\S1B1BJ!(VD9B!DX503@ $DXX'6JG_  ENA_:A;B^W,< 2
M+$YCR5W!?, V[L<[<Y]J=K>CW.HS6=U8WRV=[:,YCD>#S5PR[2"NY?J.>H[]
M*R7\%W,@>W?62]C)<"[D1K8>:TV.3O! "EANVA?;..*AWL_Z_K^EYCZ_U_7]
M7\B6;Q_HH2U-HUS<FXEB10MK,IV2$XD&4^9>#R.,\=:LKXVT%HEE2ZN&5RP3
M;93DN%^\P 3)4=V' [D51E\%2,=-DAU)4FL+>WA0O;[E8Q-NR1N'!Z8SQZFI
M(_"-S9P:>;#54AN[6WDMFEDM?,22-V#'Y=XPP(&#DCU!IN^MOZ[?UY^0E?K_
M %_7Z&KH^MQ:S<7ZP*IAM941)5?<)5:-7##CC[_OTJ"3Q3907-VDZRK%#.+:
M-HXWE>:7;N8+&BEB%!'(ST/3')X:\-1>&H;F"&X:6*5HRH9<%0D21\G/.=F>
MW6LFZ\*7MY/=VXN(X;7[:UVGFQF6.=9$PR.@=3E6R1GCD<'D4Y;^Z,UX_%VA
MS7%M#'>EVN AC989"@WYVAGV[4)P<!B#[5/K.OV&AQ!KMW\QU9HXHXGD9@HR
M20H)"CC+'@9YKFK/X>26<FGE-5C M%13)'9B.8JKEMJNK#"GH0P8=<8S6[K>
MA7.HW<5Y8WZV=RD$ELQD@\Y6C?!/&Y<,"H(.<>H-*5^73?7_ ( 1WU(+3QKI
M5Q:6\DC2I-+"KE$@DD179-_E^8%VE\?PYW'TJAHWQ"L[ZR2YU"$6?G%/(AB6
M>:5]X8J"ODKR0C8V[@?7IF'3/AS!IEY!*LUA*L91VDDTQ&N"ZH%^64DE5R,X
MQD=FJQIO@7^S[K39_P"T?,^Q" 8\C&_RXY$_O<9\S/?&/>JTO_7F2K\NN_\
MP#4;QAH2Q0R?;&9)4\S<MO(PC7)7,F%_=C((^?'(/H:8?%MA)KUII-KOGDFE
MDB>0(ZHA12QVL5VN01@@'C/-8<GPV@:<2^?8RNX99&N],2X(!D=P8]QPC?.0
M20P. <5IV7A.XL=4LY4U-&T^SN)IX;;[-AP90V09-W(!8X^4>ASUI+I<;O;0
MMZCXILM(UAK*^S%$MJ+DSA6? W[3E54X4=2QX'?%7(==TVX:!8KG>T\SP1@(
MV2Z EATX "GD\=.>16;K?AFZU749;JWU4VBSV9LI8_LX?<A8DD$D8;!X].X/
M2JNC>')+7QA>ZD89H+**%8;6*216W/A5>4!2< JD8YYX)P,TH^?]?UH-^7]?
MUJ2:[XVM]#U.6Q>SGD:*."1I-KA,22^7U"D<=??H.^+I\7Z+Y"RBXG)9W3RE
MM)C*I7&[=&$WJ!D9) '(]:K:UX5DU;5Q>I?K C) DD;0;RWE3>:N#N&,\@\'
MJ/3FAJ7P_BO]1FO_ #[*2:2:20)?:>MS&JNJ @*6'S Q@AL]R"#0KV&]]#L(
M)XKJWCN()%DAE4.CJ<AE(R"*DJO86B6&GV]I'MV0QK&-J*@.!C[J@ ?0 "K%
M4[7T)5[:A1112&%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !
M1110 4444 %(WW#]*6BDU=6 \JL-&U;2-&\.QVVGW<D,LR7$T(4AK:95;)((
M^4-D=1@,/]JH(&\1O#<*)-?2"2"&1RT%V["0/\X)+*_0\^2%X^ZIQ7KE%%M;
M_P!?UH#U=_ZZ_P"9Y'>Q:U>:)/#J-MX@;-KLL$B\YQ(PD;<90 #RNS E&<>K
M9-3W<OBEM7N&L$UB.9VNXBCK,R*-K>40S8A ^4;2JYY 9L]?5:*8''>#KC?K
M.K012ZL;:.&W*1ZFTI=6(?=@2_-@D?IQQBLZWO+JV\'ZII=O:ZM%JGGW;Q;+
M&X4<S.RE9 FWD$$8/>N^6"%)Y)UBC6:0 /(% 9@,X!/?&3^=24?U^-Q6T_KM
M8\EU.SUR[;6;:1-<NHY!*S*?/C"@.K(%&61^ 0/*8$C[RYZ7Q9ZS>SWW[W7H
M[>.WO)+4"6>,E@R>5G)#$XS@'KSP>:]+HJ>72P^MSS5+O4HM:TS^T9M9BOY]
M1B3&9%MG@,><8_U><@Y'WLYSQ6OK^DZQ>Z_J4VEWEU9O_9D2H4CC,<[!Y"4+
M.C8.#VQC=DYKIET?2TU)M233;-;]A@W0@42GM]_&?UJ[3:NOO_$(^[^!Y[%-
M>VQAT^SL]9BMGELS;JT,NV. (H=6;&%Y!!4\G.<8YK-T:U\20W6F12S:E:K'
M!:K# EG,Z>6(E\P,WF+$IW;@=ZEAQCTKU2N6\;:YJ^C0:7'HL=BUY?WJVJ_;
M0YC&58Y.T@]O>A[^O_!!+2W]:'-6+:L-#NH;K^TFF%U9F":[65&:;S1N 63)
M!P 6V,4Y.W S6]XL^V_VFF[^V/L7V1_(_LOS-WVG/R[_ "^<8Z;ODZYJI)%\
M3I&1Y(_!;M$V]"RW)*G!&1Z'!(_&MWP;K-WK_A:TU*_2!+F4N)%@!" JY7C)
M)[>M-JZ_KM;^OD&S_KU_KYF9X/TJ\MYM=EU%+I+FZDB,C/+)M<^0FXIDX'S%
MAE>F,=@!RNGZ'J$6B;[>'6K>[LM$98PK3HQN5D8A?]L>B\J0>A%>D0>(]#NF
MG6WUG3IF@4O,([I&,:CJ6P> />B3Q'H<-C%?2:UIR6DK%8YVND$;D=@V<$T/
M>_I^H+31]_\ +_(X[P['XC;Q/')J-YJ(D\Z4SPFSF\CRL'9^\:7RO[N-B;L\
M'N:U[ETTOQ)JT^H:9>7<5[#&D$EO:-< J 0T1V@[><GYL*=W6NF6[AGL?M=K
M-%/$R%XY(V#*PQU!'45Y]H6M?$KQ#HUMJMFGA-+>X!9%F%R' !(Y )';UI/7
M3M^NGZ N]]_T)+F/5H;YH[>WUBVF5K8:7! 7-M'#A?,67:3'D?.#OYZ;:J)I
MFNC3&D-SK_GOI=Q.RFXFS]I5_P!T ,\''\(QN'4&MS0=:\5#Q>VB>(TT;!LC
M=1OIPE_OA<$N?KVKK+B]M+22".YNH87G?RX5DD"F1O[J@]3["G;K??\ X/\
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M._M/'>D)(3)I]YJ=_<1'_GG(OF(Z_B IKW*BBA:14>W_  /\AOXF^_\ P?\
M,**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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M&'+*IX&TTP^*[\):B/Q29;&5K;[3J/V>$?9G</OCSLVC@ X8$KW.#79S>)]
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MOC&#6O/=0VUG)=RR*((XS(SYXV@9S^53LKOH4US,\PO-<US3S<>?J=M97#/
M;B4I%"26AW;?,:,IP3@!\$@8!!JS;^+M6N725K]X;TS6Z0Z3);(C7$+JF^4@
MY8=7.0VU=N#FNKL?%]E-HL>H7T4UE*TQ@-KL::42=0H5 2Q*X;@=#1I7C'3=
M1TI[Z1_(\OED(9CM,C1H1\H)W%>@'7BG;=?U_7];BOU_K^OZV.7CUWQ#9>'=
M*OY-1GO9=:MEABW6\86WNGQL("H/EQN)W$_=]\5T7C#5I]&TJQ"7[6KS3K$]
MR?*4#Y6)R\@*)DCJ5;T YR(TUWP[J5_IES=RYO4Y@V>>T$;/E1DE0@8X(&X
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M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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M6"BBBD,**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%<'\2I-5?33#!97;
M::B"6::WDB&YPXVHP9P=O<X!R<#IFNUMKN&YWJCKYL>!-%O5FB8@':V"<'!%
M"U0/1V)Z*X.;0M*M?&^I7%IH6GO<0:7'<P(+5,F;S)"&''WB0.>M6?"6MW6H
MZD(3J_\ :D368FN#Y2+]EGW >5\H&.,_*V6&WD\T+7^O7_+\@EI_7I_F=G17
MGOC#Q5?Z5KS06FHB 0+ QMG\I1*K/AC@JSN,?W=@7G)K+G\7ZM'IUQ/;:_\
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M [9\JH;D!6W9V'=@"M3QR6C&ARF^DM(5U)1(ZE0N"CXW%@1UP/Q]<4F[*_\
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MJJ>G_P#(>\2_]A%/_22WK3H @_X3'2?^>6K?^">[_P#C5'_"8Z3_ ,\M6_\
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MG_GEJW_@GN__ (U4]% $'_"8Z3_SRU;_ ,$]W_\ &J/^$QTG_GEJW_@GN_\
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M?VC&994A1IM+N8UWNP506:, 98@<GO4U9/B'_CPM?^PG8?\ I7%2 ZZBBB@
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M.64,S*A;+XZG+.<GIDCI4FH: EY?F^M]0O=/N7C$4LEHR?O4!) 8.K#C)P0
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M]U4Y&.E';\0[_@5)/&EM#;SM-IFH1SP2K') XB4KE-X8N9/+5=OJP/;&>*-
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MR< 8'-6JIVOH)7MJ%%%%(84444 %%%% !1110 4444 %%%% !1110!RFG_\
M(>\2_P#813_TDMZTZS-/_P"0]XE_["*?^DEO6G3$%%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %9/B'_CPM?\
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MN;B9[5UC:-_,VD2$;6SO3@$GCGI5SQE:ZI<7DKV,NIHL.E3RQ"SDD16N R[
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M*** "BBB@ HHHH **** "BBB@#E-/_Y#WB7_ +"*?^DEO6G69I__ "'O$O\
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MV,:G*["H4! IP!CC'/-8B-KS6L@NT\0K&MO(-,:W:<L\^]MID^4,!C8 )N,
MY)ZTH@\3P+J BBU"-G\]Y?(5@&)GBW%.Q8IYFTCGTHOK_7]>OZB;_K^OP_IG
M4#POH.GVHTZ&^>RD2X2[@99T$D#[1$I4,""#C;\P.23UJ?\ X0K2R^G22/<R
MS6-R]T)7<%II&.6+\8(R <# !4>F*X_5;.\OD011>)9=,A>"55N3-YN%NLL0
M!\YPF2-WSX /4 UV_BN2ZC\-S&RCNWE9HU_T8L)%0L Q&T%N!G(4;L9Q@\T[
MZ<WF%DW8=8:!#I%P9X]1OOLD>]H[2251#%N.6QA02.N-Q(';%5I=#TEM6BUY
MM2D599XYT7S8_)DD\LQJ02,G*MT#<X&/?BX/[:DM98=27Q VG*]PL/V>.Y$C
M.5C,6<DR,G+CYR5S]['0)#9:F8=,@O+;6OM4,]B8(T27[.D"HF[<!\@8-NSN
M^8<=J5[:KH#ZG4V_A_1$:.2P\07-O]H 5S;7<8^TJ[O(@SMR.6?!0J2,\G%:
M^M>';?6I[2>2YN;>6UW!'AV$D-C(.]6'8<C!'8BO/=/L_$%N\4\46L#5+B*S
M9WF,Y1L1.&#Y^48;;D'GGWJW'#K-P;2&U?Q&D+FW&H-<-,K";S5W["W(7;NR
M4^3&,46^S_7;[@;M=G0#P#9VUE'!9WU^J1"%C 9D5+AXL>69#Y9(^ZH.W&0.
MA(J'2?!=H^F)#+J,F[:(=0ALYE,,[(Q.UB5W#&<'!4D=?2N:UC_A)(([RTMA
MKW^CF<V,H-S+OPY*C*8+' X,K%2#T.,'NO",5Q'8WS7,,L3RW\T@$J%"02#G
M![4XN_O?U_7^02[%27P#ITSC??ZB84DDDB@\Q-D6]P[!?DSC([DX[5HS^&;*
M>6ZD>6X!N;R*\?##AXPH ''3Y!G\>:X&6?6;FTU%])FUZ6_6XU!)F+S&$1#S
M!&(_X=P8( $^8<YXQ6E?VFJV5S-#"^OO<"*$Z8R3321%R<R><<E>O42<!?NT
MDDTEW_X'_ ^[R'+2_P#7?^OF;\WA+2+?2_L4UY/'#)8+I09Y4!*$\8)&-Y)_
M^M3W\&6CP75J-2U)+&X64?9$E41H9 =Y'RY/4D!B5!/ KG7/B ZP&QK M6O8
M_L0^? A\X>;YH'3_ &=_\'XUDB#Q6;>=I=0UM;HH?M<<-A<% ?,7[K&<9&,_
M\>Z@[2>,X%"=]?Z_K4.O]?UT.^G\*6<VK0ZF+FZBN87B9"C+CY%=<8*G@K(P
M/Z8JOJFG:+K6I(5ULV]U=P-;O':W,8:ZB4G<N"">"6&5P1D\U8\(->-H"B]2
MZ#K+((VNF<NR;CM/S@.!CH'^;CDGK6'X7TZ^_P"$G_M"_34/,^R2IOGDEV_\
M?#[1@G'W<$#'3!I_:L2G971T5M9Z5HB7<'VI(ENI!(R2RJ-NX+&H'3@X 'O5
M&U\$:?:Z;-8_:[V2.6*&'<[)N5(F)0#"CUQSG@>O-<_XQT>XNO%$DD5OJ+_:
M(+-$DM_-9 5N<OG;\JD*0>?<CO5'4K7Q%#?W-JEYK,6F0S2BU=(;JZD9L(5R
MR2*Q'+8+EDZ@]*2>EW_5AM):=#O--\.QZ7=^9!J%^ULI<Q6;R+Y,6XY. %#'
MG. Q.,\8K/USP7!K$US=-=W+3,C&&&5U,22;"H(.TNHY^Z&V]3CFN<NK'Q%]
MANKDW>K"8WZ13-B=L6_EJ24ACD!^_P!2ASU )'%=;X66^B\-K]KFNKB4-(8V
MN86AD*9.T%7=VZ="YW8QGFDTG%WZ#B]4UU*=MX(@%O ]UJ5_+J,*1+%=^8A>
MWV X"?)M(^9OO*20><U8_P"$1A^T17 U;5A<*H2:87 #W"A]X5SMX&2>$V\'
M'3BN$@;Q+.^Q?[?C6YCA\X,+D-&_VB/>-[8 .QF_U:JN >N.-G2K/7;?Q<L<
MU[J@CCNI%$307$L36P!V;IGE\L\8Y"F3=UR,FKW?]?U_F*R2L:-UX#T:2=K;
M^U+R"6YA=6B22+?(F]G)&Y"PP93]W'4 YK:'AJS_ +!N]'\VX-O=/+)(^Y=X
M,CEC@XQU/'%8OC9=8>[MDTQM06-K60.;0N,-YL./N]]N_'MN]ZP]9M=<M9[N
MUM[C7?L<-V_V<K]IEW@PH1^\1C)@.6QD.F<@C@5*=E_70IK4[*Y\+:=<&Z:=
MYBEQ=)=RJ6&W<B!,=/NX7GO[UC6]EX<N(8K-/&$ER_R?8O\ B80EH-C84Q@#
M#'/RY8,3T)/2LFYFUV\LY-.N;77$GFO4D?9YFU8# ,KYJ87&_((&.>P%5]+T
M/4]+2.6RAU6.=HM-5M\T[#J?,4AB1@<9'10<< T;7(;T.JU#PEI]PD O]9OS
M*ZRVQEEGCW3B4@E,%<#E 0$ QCZU-=>#;";3_LW[Z8++<3+')*$#M,&W L%)
M ^<X(&1QUKF+$Z[_ &9:"V_X2'^TO.A-Y]LW^3YNU]^S=SLW;<X_=XVX[U6T
M^U\12PQI)?ZXWF2VRW2_9KB HWF#S,.\K'IG/E@)CGBBVO*-NVIT6@Z)K6GZ
MLT][JL;7$[QF6%IUF=H(T=<9\I/XG7HJXQR23SLWOAJSO]4.H2RSB8F X5AM
M_=.SKV[ECG^E<SX>TZ[M?&[2WB:J\21W%O;2SO,Z[!("H9B2#\I."W7'4D5J
M^+!K,=U:?V2+ETOE-C,8F;%ON((GX^[M ?GW6FG=186^)&IJFD6-S+/>W<[P
MK]BEM7;>JJL;X+-DC@C'7I52W\(VD#D17]^+-\-)9K*HBE;;M+-A=W(Z@-M)
MYQ7#:[8:[?:3?621ZY+J+&Z6Z1FE^SO %?RA&<["3B/A?F/S;L\U<@BU]M;W
M1WFLQ(''V>+[%<.#;^7QN>258@W7.]?,W>M3I:_];7_7\^PW_7]?UT[G5KX/
MA%H+>35M5E$6S[*SS)FVV'*E % )'3+AB1P214<7@JWMR9(-7U6&Z=I#+<I+
M'YDH<@LIRF ,C(( ([$52\!G5$:\BOO[1DB"1D37@F7,G(8!)LL#P"=K,G/R
MUFZW)K3^+SY":ND*WD$>(Q<-$\!"AV!3$0&6.=VYQC/ P0Y:/U$K6;['0VGA
M33Q>VM_:ZE>O;0W#745N)E>$R,I5FR5+'.XG[W7GUI;O0M)UO49Y(]3E'VB.
M-KNUMIT*7"*2$+C!8#@C*E<X(.:;X)LFMO!%E92Q7<,L<;1RI.9%=6R0<%N<
M>A''I7#:3H>I6VEW$UO!K=O=V>EPK$ TZ%IUED)7!_U@&1\O*X;ITJOM6[?\
M#_@?TAM>ZW_74]/LM'MK'27TV-I&@<R9+L-WSL6/( _O&N1O_!-E810>5KTT
M$L7E?/<S11[((I Q90J 9&>I'.?FS3-#C\0'Q=YE]>:@#]HF\V$V<WD>3SY?
M[QI?*QC;C8F[/7N:D\<65[_;L%_8Q:D9AIES#%)9F4A9"R%00G R-_7@D#N!
M4I?"^XG:S78NOX'8ZJL\6JWL<,D$JW4RR+YUP\C*3N^3:!M7'RA2,#&*OCP=
MIT=F;>VEN;8K<K=02Q,NZ!P@0;<@C&T8PP/4US=MI>KSWB-/<ZXJ7$]^)A]I
MF4!%<^2%Y^0=,$8)'&2.*HZ2/%=QJ>GS:C=ZI!.?LI6(64S(8_+7S-[>:L2G
M=OW;U+CMGBG'6R!Z79T)\"#^TI&74[R.SFM6BN2DJ^;<NSEGWY3 !!ZKM(Z#
M JW+X>T&.\AL9+TQSRW#W<5L9U5G/E>40JXR5"GMR#WJ7Q9]JV:?L^W_ -G_
M &C_ $[^S]_G;-IVX\OY\;MN=O./;-8WA33M0_X24:AJ":AG["Z1O<22?<\]
MM@<9V[]FTD$9[GFDE?3^OZ_0'IJ2MX*T6R41SZW=QR+'#'&TDL"&,+*&C( 0
M G> ,D'=G!R:U4\,S:?!<?V9JU\C>7+]D@ED7R8'?)S@)EAGG#;@.PKFO&.C
MW%UXHDDBM]1?[1!9HDEOYK("MSE\[?E4A2#S[D=ZJZG:^(8;J2T2[U>+2H;F
M<12+%=74A.V,IS'(LC+DR8)8KG@]L%]+CLDSTY PC4.VY@!DXQDTZJ>DK<KH
M]FMY(\ER(4\UY$",S8&25!(!]0"?K5RJ:LQ1V04444AA1110 4444 %%%% !
M1110 4444 %%%% '*:?_ ,A[Q+_V$4_])+>M.LS3_P#D/>)?^PBG_I);UITQ
M!1110 4444 %%%175S#9VLMS<.$AB0N['L!R: ):*PM5\5V>D06IEM+^>[ND
MWQ6-M!YDY'&<J#@8SSS4FB^)K+6UG6.*ZM;F !IK6\A,4J ]"5/8XZC- $'B
M7P]>ZU-I]QI^K?V;=64C.DOV839W+M(P2!T)]:@TSPOJ":C!?Z[X@FU>6V)-
MNGV=((XV(QNVKU;!(R?6MO2=3@UG2X-0M0X@G7<F\8.,XZ5<HV"]SF]6\+W-
MQJ,FIZ+K,^D7TRJLS)$LT<H'0LC<;@.,U/H?ALZ7=3:A>ZA/J6J3H(Y+J90N
M%'.U%'"KGG K<=@B,QZ 9JGH^J0:UI-MJ5LDB0W";T60 ,![X)'ZT+38&0:K
MH_\ :=[I=SY_E_8+GS]NS._Y&7&<\?>SGGI5+7O"<&MZOI>IB=K>YL9TD8JN
M1,BG(1AD=^AYQD^M:6F:M!JIO! DB_9+E[:3> ,LN,D8)XYJ_0NC^8=_N.=U
MCPQ/>:B=4TC5Y])U%D$<DL<:RQRJ.F^-N"1S@^]/T3PT^G7KZEJ.I3ZIJ;Q^
M5]HE145$SG:B+PH)Y-:6IZI!I,$,LZ2,LL\=NOE@$AG8*"<D<9-69Y5M[>29
MP2L:EB!UP!FE>RN/?0S[C1_/\266K^?M^RP2P^5LSNWE3G.>,;?3O6FPRI'J
M*JZ7J,.K:5:ZC;JZPW,2RHL@ 8 C/.">:MTVNC%?J9GA[2/[!T*UTSS_ #_(
M!'F;-N[))Z9..OK27^C_ &W6]*U+S]GV RGR]F?,WKMZYXQ]#6I6-;>)].N?
M$]YX>4R)?VJ+(0X 60$ _*<\XR,Y HW8=&.U+0_MFL:?JMM<_9;RU)5FV;A-
M"?O1L,CZ@]C5"]\(_:[+Q#;_ &[9_;$BON\K/DX55Q][YON^W6M>'5H)];NM
M*5)!/;11RNQ VD/G&#G.?E/:K]']?U]P[Z_U_74P_$WAFW\3:$VG2RM#(!F*
MX09:-L8SC(R""01GD&K5SI/VCPW+I'G[?,M#;>;LSC*[=V,_CC-:5%)JZ:[@
MG9IKH5M/M?L.FVMIOW^1$L6_&-VT 9QVZ5G3>'_.U?4K_P"U8^VV2VFSR_N8
MW?-G//WNG'3K6U13E[U[_P!7$O=T7]6,,^&K>;PC#X?N93(D5ND(G4;6#*!M
M=>>"" >M6?#^D_V%H%GI?G^?]FCV>;LV[O?&3C\ZS9O&^F0:Y_9C07S*)A;O
M>+;DVZ2GI&7_ +W([=ZZ6G>]Y=PM;3L9>N:/_;,%I%Y_D_9[N*YSLW;MC9V]
M1C/K1K>C_P!L+8CS_)^RWD=U]S=NV9^7J,9SUI=5UZQT>YL+>[9P][-Y4>T9
M"GU;T&2HSZL*TZ2!F7KNC_VW9P6_G^3Y5S%<;MF[.Q@V.HZXQFH9?#L-SK.H
MWMQ()(+ZS6TDMRF,*"V3NSWW>G:K9U: :\-'V2?:#;?:=V!LV[MN,YSG/M1J
MFK0:2+0SI(WVJY2V3RP#AFZ$Y(XXHM^/_##_ *_4YK_A#-<$7V!?&=[_ &24
M\O[.;6,R[,8V^;U_'%=#>:0LGAU]'LIC9QF 6Z.J[BB8QQR.<<9_&M.BC=68
MNMRH^F6CZ0=+,2_9##Y'E]MF,8_*LFR\-2V]WHES-J!G?3+:2WR8L&4,% )Y
MX("CUS[5T-%%];_U_6H=+?U_6AD7NA^?K]EK-M<_9KF!3%,-FX7$)YV'D8P>
M0>WI6$?"'B*VO[^;2O%_V&WN[E[@P?V;'+M9O]IFR>@KM*Y74O',&GZQ=:9'
MH>N7\MMM\U[&T$J#<NX<[O0]Q2'J6(/#NHS1Z>NLZW_:)M+DW!/V58?,(&$!
M"G "DD^YQZ5?UO2/[7MH%2?[/<6]PEQ#-LW;&4^F1D$9!^M-T/Q!9:_!*]J)
MHY86"3V]Q&8Y86QG#*>G\JU:H0451L=5M]0N;Z" /NLIO)E+# +;0W'M@BKU
M( HJK9W\-]YXC#*\$IBEC?&Y6'KCU!!'L15J@ HHHH **** "LGQ#_QX6O\
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MHH Y33_^0]XE_P"PBG_I);UIUF:?_P A[Q+_ -A%/_22WK3IB"BBB@ HHHH
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MO!_U][_2Q)X;O+W4/!\%WJ#;YY8W82%54R)D[&(7@$KM) ]:H?##_DG.C_\
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M*V6^\N28B5[3SOE^4XW"']YC..A49')Q60/B)^ZCN+FS: Q,YE@@N Q($+2
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M>^!]8NC<S!M.62]CNDGA\QPD7FF,C:=GS_ZOG(7)8GVJWJW@R]NM:EU*V,!
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MQ+_T&])_\%4G_P D4?V/XE_Z#>D_^"J3_P"2* +M%4O['\2_]!O2?_!5)_\
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M(.#W&16Q3:L[,$[JX4444AA1110 4444 %%%% !1110 4444 %%%% !1110
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M\*A"!@,-][KWIVU:[!?2YUU%<#-XWODDG4W6DP8N#$XECD)T]1(5#3_, 0P
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M=D809)'I7:?9?%7_ $&=&_\ !3+_ /)-'V7Q5_T&=&_\%,O_ ,DTY:WOUO\
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M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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M$5L51UC3?[7TJ:P^VWEEYNW_ $BRE\N5,,#\K8.,XP?8FDM%8;U=R]17#_\
M"MO^IU\9?^#7_P"QH_X5M_U.OC+_ ,&O_P!C0!W%%</_ ,*V_P"IU\9?^#7_
M .QH_P"%;?\ 4Z^,O_!K_P#8T =Q17#_ /"MO^IU\9?^#7_[&C_A6W_4Z^,O
M_!K_ /8T =Q17#_\*V_ZG7QE_P"#7_[&C_A6W_4Z^,O_  :__8T =Q17#_\
M"MO^IU\9?^#7_P"QH_X5M_U.OC+_ ,&O_P!C0!W%%</_ ,*V_P"IU\9?^#7_
M .QH_P"%;?\ 4Z^,O_!K_P#8T =Q17#_ /"MO^IU\9?^#7_[&C_A6W_4Z^,O
M_!K_ /8T =Q17#_\*V_ZG7QE_P"#7_[&C_A6W_4Z^,O_  :__8T =Q17#_\
M"MO^IU\9?^#7_P"QH_X5M_U.OC+_ ,&O_P!C0!W%%</_ ,*V_P"IU\9?^#7_
M .QH_P"%;?\ 4Z^,O_!K_P#8T =Q17#_ /"MO^IU\9?^#7_[&C_A6W_4Z^,O
M_!K_ /8T =Q17#_\*V_ZG7QE_P"#7_[&C_A6W_4Z^,O_  :__8T =Q17#_\
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MV_ZG7QE_X-?_ +&C_A6W_4Z^,O\ P:__ &- '<45P_\ PK;_ *G7QE_X-?\
M[&C_ (5M_P!3KXR_\&O_ -C0!W%%</\ \*V_ZG7QE_X-?_L:/^%;?]3KXR_\
M&O\ ]C0!W%%</_PK;_J=?&7_ (-?_L:/^%;?]3KXR_\ !K_]C0!W%%</_P *
MV_ZG7QE_X-?_ +&NQLK;[%86]KY\T_DQ+'YT[[I),#&YCW8XR3ZT 3UB>+([
M:7PY<1W=X+2!F3=,\9=!\P.) ,?(<8;D#!.2*VZ*35QIV/++;6DLY/+L'LM,
ML!)Y4E_9;'@1"RDR1%P0JY(7'W0V32IXJUM=-?4QJ\D\4)C4(EK&PE#+(=V
M <_*I ##OFO2KVRBU"V:WF:=4)!)@G>%N/\ :0AOUIUI:06%I%:VT8C@B7:B
M@DX'XTK/N3:S/(!XHU2>\CNGUMF^QO*(ID,,BRJ8XG()6,*<#S#\O0 \G!-;
M4_B?6+V;4[K2]5\RUM8Y9(5C2,QR#S%4,6V,=J@LV1UQW'!]+HIV"Q@^$;V\
MO]%,UY>6UZPF98[BW?>KJ.GS".-6/4950./K6]5'6--_M?2IK#[;>67F[?\
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M]"GK/_?VS_\ C] &Y16'_;NH_P#0IZS_ -_;/_X_1_;NH_\ 0IZS_P!_;/\
M^/T ;E%8?]NZC_T*>L_]_;/_ ./T?V[J/_0IZS_W]L__ (_0!N45A_V[J/\
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MOS \A\,:L&5E41&2UW,"#DC]]C P <D'YA@'G$?]NZC_ -"GK/\ W]L__C]
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M4]9_[^V?_P ?H W**P_[=U'_ *%/6?\ O[9__'Z/[=U'_H4]9_[^V?\ \?H
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M8E"% 9&%LB8+ _W]_4]23WS70_V[J/\ T*>L_P#?VS_^/T?V[J/_ $*>L_\
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M#<HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M+;W#R/,4)*C:8U"C)&3D]*;X<\'7NAW#/-H'AZ[G-Y).NH-.PG16<D8S 3D
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M33BMPNHQV,MLT_*AVVK(#MY'X=B,UN?\)%J%[<WJZ+I,5[!92F"622[\EGD
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M*C:[@G=;24LDJHV6# 0ISC@=<Y[57U'X?7J:?XATG1FL(=+U14DAADRA@E#
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M%W/SEA)&RXV@#CGK5SW]W^OZV%';WAFI>/+'3?$&AZ?)%NM=6B\R.\$GRIG
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M[F[BNF:4S;E());<7;)'+'MUJM;>!;RUTBYTB.YMUM;:^2]TF3!+Q%3NV2#
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M_P#"NY[/4-*DCL-(UBTLM.-HT.HN4S(7WEP/+D'<_G5=?+_]K_[4B-[:[_\
M C^M_P"K'17GB+5K?6K#1H=)LI;ZYM9+E]]^Z1IM8# ;RB6ZC^$5IZ%K4>N:
M>UPL30RQ3/!/"Q!,<B'##(ZCT/H:P)-#UJ'7=*U:PT[2(A:64MJUD+QTC3<R
MD;&$/( 7IM'6KVAZ+JNB")$ELI$NKJ>ZU%COW!GY41=L X!SV%"_K[_\AO\
MK[O\RV?%&E#Q4OALS_\ $R,'GA,<8],_WL<X]*V:\X;X0V;>(_[?.OZI_:/G
M^?YO[O[V<]-O3MCTKT>A;*^XWOY!1110 4444 %%%% !1110 4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% !1110!RNBS^*M7T+3]3_M31HOMEM'<>7_
M &7*VS>H;&?M SC/7%7OLOBK_H,Z-_X*9?\ Y)KR7XAW5]%\+/ T%E-.AFMH
M04A8@N1"N!QUZUYE%#X@WGSH]9V[6QL63.[!QU[9QGVH&?4_V7Q5_P!!G1O_
M  4R_P#R31]E\5?]!G1O_!3+_P#)-?-202_8AY@\4_:]G(6,[-^/KG&:R?)\
M2_\ //5O^^9* /JO[+XJ_P"@SHW_ (*9?_DFC[+XJ_Z#.C?^"F7_ .2:\W^
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M*O\ H,Z-_P""F7_Y)H^R^*O^@SHW_@IE_P#DFMRB@##^R^*O^@SHW_@IE_\
MDFC[+XJ_Z#.C?^"F7_Y)K<HH P_LOBK_ *#.C?\ @IE_^2:/LOBK_H,Z-_X*
M9?\ Y)K<HH P_LOBK_H,Z-_X*9?_ ))H^R^*O^@SHW_@IE_^2:W** ,/[+XJ
M_P"@SHW_ (*9?_DFC[+XJ_Z#.C?^"F7_ .2:NV^MZ3=WSV-MJEE-=IG?!'<(
MTBX]5!R*=J&LZ7I.S^TM2L[/S/N?:9UCW?3<1F@"A]E\5?\ 09T;_P %,O\
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M.6![Y/7COBJOAW2](U[Q?XM?Q!9VEY?P7GEQQW:B3RK<*-A56Z ^HJSIVE>
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M2#@\C@CK71T %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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M-0MYIM1CT_\ <;4BFCWE?- *Y!(]\9'2JZ_UU=OS)NDOZ[7_ "_R/:J*\?\
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M%% !1110!XMXGU.#1O"OPPU.Y5V@M5MY7$8!8@1(3C..:V/^%\^%/^?35?\
MORG_ ,75?7O!&H>-OAAX0ATV>VBFMK*!R+@E58&%1U //'I7$_\ "AO%G_/W
MI/\ W_D_^(H&>E)\9-%DTY]0CT;7VLD.'N5LP8U/H6W8%4_^%\^%/^?35?\
MORG_ ,745AX3\>:?\/YO":+H+0R1R1"X,\FY4<DL,;,$_,>:X;_A0WBS_G[T
MG_O_ "?_ !% '?\ PNUJV\1>+O&>K6:RK;W,EJR"4 , %<<@$^E>ERVT$TD4
MDL,<DD+%HF= 2AP1E3V."1QZUP'PJ\!:GX(AU0ZG/:R/>-%L6W9F"A-W4D#K
MN_2O1*!&?<:#H]V;@W.DV$QN65I_,MD;S2OW2V1\Q';/2EM]#TBSLY+.VTJQ
M@M93ND@BMT5'/J5 P3P/RJ_10!$UM;M<I<M!$9XU*)*4&Y5.,@'J <#\J;=6
M5I>K&MW:PW B<21B6,/L<=&&>A'K4]% %*\T?3-1D,E[IUG<N4\LM/ KG9G.
MW)'3(!Q4EQIMC=F W-E;S& YA,D2MY9QCY<CCCCBK-% %&31-*ETU--DTRR>
MP3&VU:W4Q+CGA,8'Y5':^'=$L7B:TT?3[=HF+QF*U1"C$8)&!P2 !FM*B@#*
M/ACP^Q<G0],.\$/FTC^8$Y(/'.3S]:M7>E:=?I$EY86MRL6?+$T*N$R,'&1Q
MQQ5NB@#&3PCX:C21$\.Z2JR#:X6RC 89!P?EY&0#^%:-E86>FVPMK"T@M8 2
M1%!&$4$^P&*L44 8]QX3\.W5W-=7&AZ?+<38,DCVZEF/J3CK6A<6-I=QQ1W%
MM%*D+K)&'0$(R]"/0BK%% &;JGA_1];,9U33+2\,?W#/$&*_0GM4\VF6%Q;0
MVTUE;R00LKQ1-&"J%?ND#H,=JMT4 9>I>&]$UF=9]3TFRO)478KSPJY ZXR1
MTK0@@AM;>.WMXDBAC4(D:#"JHX  ["I** .%U+X>S:OXPO\ 5Y]:NK6RNHHX
MGMK)MCRA1T9^PSV'7UKI]%\/:1X=M?LVDZ?#:Q_Q;%^9O]YCRWXFM.BA:*R!
MZN["BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *P]=_Y#'AC_L)O
M_P"DEQ6Y6'KO_(8\,?\ 83?_ -)+B@#<HHHH P]=_P"0QX8_[";_ /I)<5N5
MAZ[_ ,ACPQ_V$W_])+BMR@ HHHH **** "F&&(S"8QH954J'VC< >HSZ4^B@
M HHHH *Q_$]O=7.C*+.V>YFBO+2?R8V56=8[B.1@"Q"YVJ>I%;%% &'_ &[J
M/_0IZS_W]L__ (_1_;NH_P#0IZS_ -_;/_X_6Y10!A_V[J/_ $*>L_\ ?VS_
M /C]']NZC_T*>L_]_;/_ ./UN44 8?\ ;NH_]"GK/_?VS_\ C]']NZC_ -"G
MK/\ W]L__C];E% &'_;NH_\ 0IZS_P!_;/\ ^/T?V[J/_0IZS_W]L_\ X_6Y
M10!A_P!NZC_T*>L_]_;/_P"/T?V[J/\ T*>L_P#?VS_^/UN44 8?]NZC_P!"
MGK/_ ']L_P#X_1_;NH_]"GK/_?VS_P#C];E% &'_ &[J/_0IZS_W]L__ (_1
M_;NH_P#0IZS_ -_;/_X_6Y10!A_V[J/_ $*>L_\ ?VS_ /C]']NZC_T*>L_]
M_;/_ ./UN44 8?\ ;NH_]"GK/_?VS_\ C]']NZC_ -"GK/\ W]L__C];E% &
M'_;NH_\ 0IZS_P!_;/\ ^/T?V[J/_0IZS_W]L_\ X_6Y10!A_P!NZC_T*>L_
M]_;/_P"/T?V[J/\ T*>L_P#?VS_^/UN44 <=+9SZ=\._#]E=1^7<6\NDPRID
M':ZW$ (R.#R#TKL:P_%G_('M_P#L)V'_ *5PUN4 %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 8$/@W2;:".""35HH8E"1QQZQ=JJ*!@  2X  [4__ (1/
M3O\ GYUG_P '5Y_\=K<HH P_^$3T[_GYUG_P=7G_ ,=H_P"$3T[_ )^=9_\
M!U>?_':W** ,/_A$]._Y^=9_\'5Y_P#':/\ A$]._P"?G6?_  =7G_QVMRB@
M##_X1/3O^?G6?_!U>?\ QVC_ (1/3O\ GYUG_P '5Y_\=K<HH P_^$3T[_GY
MUG_P=7G_ ,=H_P"$3T[_ )^=9_\ !U>?_':W** ,/_A$]._Y^=9_\'5Y_P#'
M:/\ A$]._P"?G6?_  =7G_QVMRB@##_X1/3O^?G6?_!U>?\ QVC_ (1/3O\
MGYUG_P '5Y_\=K<HH P_^$3T[_GYUG_P=7G_ ,=H_P"$3T[_ )^=9_\ !U>?
M_':W** ,/_A$]._Y^=9_\'5Y_P#':/\ A$]._P"?G6?_  =7G_QVMRB@##_X
M1/3O^?G6?_!U>?\ QVC_ (1/3O\ GYUG_P '5Y_\=K<HH P_^$3T[_GYUG_P
M=7G_ ,=H_P"$3T[_ )^=9_\ !U>?_':W** ,/_A$]._Y^=9_\'5Y_P#':/\
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M3O\ GYUG_P '5Y_\=H_X1/3O^?G6?_!U>?\ QVMRB@##_P"$3T[_ )^=9_\
M!U>?_':/^$3T[_GYUG_P=7G_ ,=K<HH P_\ A$]._P"?G6?_  =7G_QVC_A$
M]._Y^=9_\'5Y_P#':W** ,/_ (1/3O\ GYUG_P '5Y_\=H_X1/3O^?G6?_!U
M>?\ QVMRB@##_P"$3T[_ )^=9_\ !U>?_':/^$3T[_GYUG_P=7G_ ,=K<HH
MP_\ A$]._P"?G6?_  =7G_QVC_A$]._Y^=9_\'5Y_P#':W** ,/_ (1/3O\
MGYUG_P '5Y_\=H_X1/3O^?G6?_!U>?\ QVMRB@##_P"$3T[_ )^=9_\ !U>?
M_':/^$3T[_GYUG_P=7G_ ,=K<HH P_\ A$]._P"?G6?_  =7G_QVC_A$]._Y
M^=9_\'5Y_P#':W** ,,>$M+\R)W?4Y?*E294GU6ZD3>C!E)5I"#A@#R.U;E%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
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MWC610#CERP8GCOFB6DGVNU]PHOF2[V3^\];!# $$$'D$5F'Q%I0\1#0#=?\
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M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** ..T#PG?Z5X_\0Z]/+;-:ZDJ"%$9BZXQG<" !T[$UU\BEXG4=2"*=12:
MO'EZ6M_7WAUN<5X$\%3^'_"%WH>M?9;I;F:1G6(ED*, ,'<!SQ4/@KP9JGA<
M:KI%W<6MYX>N&8VR%V,J!N"I4KC!!YP>HSWKNZ*;U;;ZJP?YW^9Y.GP[\;>&
MY)K;P=XI@@TN5RX@O%R8L]AE''XC%=%X2\#W/A2TU*^-ZNI>(+X%GN;@E4+?
MPCN<9ZG]*[:BCI;Y>8/<\Y\/?#$)I6M_\)/-%>ZIK!87$T))5%SD;20#G.#T
M[ =JVO .A:[X:T1M)UBZM+J&!\6DL+L6$?\ =8%1C';!/7':NLHH6FWI]P-7
MW]3CK?PG?P_%2[\4--;&QFLA;K&&;S WR\D8QC@]Z[&BBA:)+M_7Z@]7<YOQ
MWX8;Q=X3NM*B>-+EBLD#R$A5=3D9(!.,9'3O57X=>$)_!_AU[2]EBFOYYFFN
M)8F+!B>!R0">!Z=2:ZZBA:7MU!ZVOT/./$'P]UF/Q)<>(?!NMIIE]=#_ $B&
M89BD/KT;ZX*GGTIWAWX?:R?$D'B/QAK2ZGJ%LN+>*$8CC///1?R"CGUKT6BB
M/N[?\,$O>W.4^(?AF]\6^%7TNPEMXYVF20-.Q"X4Y/0$_I6KK6ESZCX4OM*A
M:-9Y[-X%9R0H8KC)(&<?A6M12:33CW_X8:=FI=O^'/+[_P"'&L77PXT+PZES
M8B\T^Z$TKL[^6R@O]T[<Y^8=0*TOB9\/'\;:?:/8R6\.I6S8628D*T9ZJ2 3
MUY''KZUWU%.7O;][_,4?=M;M;]3C=;\!Q>(?!FG:/=7)M[VQBC\FZAR?+D50
M"1T)!_#M7-2^"/B5J4#Z5JGC&S;274QN4A#2NG3!^0'D?[1KU>BAZMM]06B2
M70SM!T:#P_H5GI-L[O#:Q[%9_O-W)/XFN?;PG?M\54\4B6V^PK8_9S'N;S-W
M/.,8QSZUV-%#=Y<W7_/05ER\O3^F<3X-\%7.AP^(H-6:UN(-5NWE"1,S#RVS
MPV0.>>V:RO ?PSN?">KZX;F>VN--OHC#"J,WF;,GAP0 .#V)KTNBDDOPM\A_
MYW^9Y+!\/_'_ (=5]/\ "_BNUBT@L2B7*?/&">0/D;\P1SZ5V?@7P@O@[19+
M5[IKN[N)3/<SD8#.?0>E=/133L#5SD=$\*WVF_$'Q!K\TMNUIJ*1K"B,Q=2H
M .X$8'3L33-9\)W^H_$?0O$4,ULMG81.DJ.S"0DAON@#'<=2*[&BA:6\O^#_
M )L._G_P/\C@_%?@?4+SQ3IWB?PW/;6NJ6[!;@3LR)/'Z$J"<XXZ=/I3O&W@
M?4=?U#3M<T74DT[6[%"J.V2C YXSCU)['()XKNJ*5M$ETU#K?Y'F>B> ?$]U
MXJLM>\9Z[;WTEADVT-JN%SZGY5 _+G YK1\7^!+_ %/6XO$?AO5?[+UN./RV
M9AF.9>P;@_R(Z<<5W=%-]/(._F>=>'?!'BH^)K?7?%GB07DULI6&"T)5#GUP
M%&/4;>>,FMCXA>%[[Q9H=K8V$MO'+%>1SL9V8 JH.0, \\UUM%';R_SN"ZOO
M_E8Q_%&DSZWX4U+2K9XTGN;=HD:0D*"1W(!./PKFY_ARFJ?#G3?#FHW"Q7MB
M@,5U;Y81R#/(S@D<^U=Y12MOYV_#8%I;R_4\EF\!_$?5+8Z1JOC*V;2#\C&-
M"973T/R G(]6/XUN^*_A\^H?#ZT\,:$\$*VTJ,K7+D @9R25!Y).>E=[13_X
M#^X%H[G!_$3X?MXRT"TAMG@BU.T(\J64D*5( 920"<=QQU'O46J?#JXU/PAH
M%DFHK9ZSHT:>1=1990P !'8XX'/MTKT&BCOYN_S!:6\E;Y'DS?#SQOXCN+6#
MQCXFM+C3+>59?(M4^9R/7Y$_,YZFO6  H '0<"EHIWTL*VMPHHHI#"BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HK%\8?\B7K?\ UXS?^@&O&K?_ (5>= B_LD79\3?9AY/V/[5YOVC;
M_#GY?O?ABE?5^0[:(]_HKSR;59=!\0'5-7&Z>U\-K)<*A^\XDY ^IXJ+1_B%
M?R:Q8PZI<^&IK;4)1%%%I=_YL]NQ'R^8,X8=LKT--:NR_K5K\;$WTN_ZT3_"
MYZ117F7BSXA:QH.J7:1R>';>WMB<6UW<N]U<* #E5CR$SV#<]ZL^(OB!>VO]
MC1Z;_95B=1M!=_:-9D=80#C]V"G\7.220 *2=U=?U_5BFK.W]?UJ>B45PNJ^
M.;W3M TIWATNVU;46=4-S>J+2,+UD,@/*G@@#GG%6_!OBZ;7+N\TR_ETJ>^M
M464SZ5<>;;R(Q(X)Y!!&"#ZBFM6UV)OHF=?17GFJRZZGQ0O$\/V]C)=OI$69
M+Z1EBC'F/R0OS$GI@59_X375'\&'4A::=;ZA%=/9W+75T([:%T)!<D_,PX&%
M&3S2OI?^MVA];?UM<[JBO-_#GC[5];BUNR0Z/>:E96GVF">P,K6\A.?D(?#9
MZ=#W]JZ%?%+7LOAM-.6)O[40W,Q<$^7 J98C!&#N*KS[T_Z_/_)BO_7W?YHZ
M>BO+)OBC>^9-J<$WAP:/"[#['+?@7\J*<%E7.T$]0IY_.O1;NYN)M$ENM*\I
M[AX#);><"49BN5S@@X/%*_N\P_M<I>HKE%\6R7MKX;:PCC,VK/ND64$^5&BD
MRG /4$!?J:QF\8^*Y]/G\266DZ8_AR$NWE/,XNY8T)#2*?N#H3@\\4WH[,%K
ML>B45SMAXBDU#Q:^FQK$;$Z9%>QO@[R78CDYQC ':L";QMK;6,+6EI8R7<^M
MS:9&C[E3:H;:Q.3@Y S[9P*/+^M[?F*ZM?\ K:_Y'H-%5-,_M#^S8/[5^R_;
MMO[[[+N\K=_L[N<?6N0\36NI#Q=X=NKG40UF=4"06D4>U0/*<EG))+-D<= !
MVHZI!?1L[JBN0^(MKJ5QX4U%K741:6<5G*\ZQQYDE(7A0Q.%7KGC)]16Q%JV
MFZ3H>GR:EJ%I9(\**K7,RQACM' +$9H3W&]T:]%<?J?B?5;_ %>'3/"":7>/
M]G%W-=74S&$1EBJA=F222#ST&*Y&UNW_ .$=U.:^T^(S/XJ0202.Q$;ET&05
M*YP>1V/<=J%J[?UNE^HF[*_];-_H>O45PM_XF\5W5WJ4_AW3-,FTS39'AD^U
M2N);AT'S"/;P,'CYNM9\6M7^L7VB7L%I8+JUWH$\\<LGFA$<E/EP&^[GV)XZ
MU/-I?^MF_P!!];?UT_S/2LYZ45QGPL;4W\!6#ZBULP8$VYA+%C'G^/=_%G/3
MCI6GXKU^YT6VLX=/MH[C4K^X%M:QRL50,0268CG  /2KDN5V$G=7.@HKC'\2
M>(]"T"_NO$>E6;W4+(ELUA,?*N6<[54!OF4@D9)'TI+'Q!XHT[6[&Q\46.EK
M#J+,EM/I\CGRY I8(X?J2 >1QQ2_K]1W.THSSBO,(O'/B_\ L*'Q)-IFD_V*
MDOESJLDGGL/,V;U'*J >Q)/%6);OQ!#\5M2F0Z<UE%I0D"MYF_RLL5P.F_>.
M>VW'>DW;5^?X*_Y!Y?UO;\ST>BO/+3QGXE_X1RVUB[T_37_M,P0Z9:PR.':5
M^ID)R O!.!DXX)K0T_7O$5MJPT7Q1::<LUW;R2VMQISN8VV ;D(?D'!SGI1+
MW;^7Z*]@33M_7D=G17-?#[_DG^B?]>JU4U[7O$<?BN/0M M--DDDLOM/FWK.
MJQD/M.=O)'08 ZGK527++E$M5<["BN"C\;ZI_P (R+J>SM8M2@U9--NHQN:/
M)<*S)R#T.1G/XULZMX@N[#Q/#ID4<)A?39[LLRG=O0J .N,<\\?C4MI*_P#6
MU_R&M7;^M[?F=)17FMMXW\6_8]%U.YTC3'L=5"0P113,LWG,I*L2?E5"1TY(
M'J>*=J.NZW=>'O&&BZ_;6,=[9Z<9EDL6<QNCJV!\W.1MHE[J?E?\ C9M>=OQ
M/2**X'2-=\3:6NB#5].T^/1[P16L)@F9IX6*?*9,C:<D?P],]ZHZC\2+\:E>
MMIT_AN.PL9GB>#4+_P NZN2G#>6N<+R"!NZTY63MZ_@*+NK^GXGIE%<-<>+=
M;U35M/L_#5OI[)>Z<E^);XN!&I;!!VG)., #U[UV-Y,]MI]Q.H4R11,XR."0
M,TI/E3;Z7_#_ (8:U:2_JY8HKSVW\;ZY;>$3XDU>UTM+:ZCA%A#%*R,9'XS*
MS':JYYXS@=34OAKQQ>W>NQZ3JMSX?NY+J-Y+>31;OS0I49*2 G(..AZ<55M6
MNPKZ7.]HKRBX^*&K6&KQ"\/ATV[W"PMI]O<O+>1[FQRRYCR.I&?;K72W_B#Q
M'>>(+VQ\.V&G36NF[5NWO)65I79=VR/;T(!'+<<U-]+C>CL=E17F_@+6;BQT
M3PU;311K8Z@;F,,0=Z3B1F52<XP5#=NHKKM U>XUF;5)2D0LH+MK:U90=SA
M [$YP?GW 8QTJK:_UY?YBO\ U]_^1M45SLWB&>Q_MU+R*,RV.V2V5 1YR.,1
MCD_>+AE^HIC>()K_ /LF*RC3;>VTES<[U),487&!SPV]@.?1JARLK_ULW^C'
MUM_73_,Z6BO)/#'B'Q+H7@K0[YM.TXZ IC@DS,QN2'DV[P -H&3TY/TK:\0^
M.[VW\076EZ3=>';7[#M\^36;SRC*Q&[;&H.> 1\QXS5/1V_K^M06O]?(]!HK
MS^3QWJ>I6OA]] LK*6?53/&Z7$IV1/&.3O7JH()X!R,8Q6SX3UW5M0N]4TK7
M;:TBU+3G0.UF6,4BNN5*[N11;^O3_AT*_P#7W_Y,Z>BL74M7N-.\1Z3:.D7V
M&_\ ,B+D'>LP&Y1G.,$!NW4"L&Z\:Z@(KIK&RM[B2?4_[-TQ&8H'91\[NV3\
MH8-T Z4K_P!?.P_Z_K[CN*,YZ5PT&O>*HKB[T/5[728]7ELI+BQN+9Y#;R%>
M"K _.",BN<\*7%^-&\#?VI;V,_FWDOV65&EWQIY;G<WS %R=PY!&#ZTUJ[>G
MYM?H)NR_KLG^IZY17F)\;^,/[&N=?73-(;2+*XECG4O()Y420KN0<A<#U)S@
M\"M[5?$'B"[UG^R_"UII\CP0)<74^H,X0!\[44)SN(!.>@I)W5_ZVO\ D/K;
M^M[?F=A17.^#-<U#7]'GN=4M8;6ZANY;=H8B2%V'&,D\GWK#\3OJZ?$;2_[$
MM[66].F3A3=N5B0;T^9MO)'L/6GU2[_Y7#HWV_SL=]17#+XPU>WTB[FU&RM(
MKS2;R.+4TB+,AA8 ^9&201PP/.> :WH]8GN?%\FE6ZQ&TMK-9KB0@EM[M\B@
MYQT5B>/2CT_K2XK_ -?.QMT5R/Q(_P"17B_["%I_Z.6H-5U_Q5+XJO\ 1/#]
MII3_ &:WBG\Z^9P!NW9!"G))QQTQSFE?^OE<;_K[[':YQ17DVM>(/$/B#3_"
M5]I\6GVTSZFT,L-PTA47";E ^7JG#'USBM#5?B'J*ZM>0:;<^&8+?3Y#%,FI
MW_E37#J/F$:@_*,Y +=:+_U]VOXA_7YZ?@>DT5PMYXRU;4&T!/#5K9.^L6DL
MZ&^+!8BNW[Q4\@988 Y..E03>(_&USJFKV.E6.B/_99C\V6X:0"3,88JH!SG
M.<$X&,4WIOY_AN"UV_J^QZ#17G^H?$5_[ T.>R73K:_U>(RJVIW/E6\ 4?,6
M;@MR< #DUC:UXNU+7/ /B.S2;1WU"RB4W$UC<-+!)"^<F,CD-P1AOZTGI?R_
MX'^8+6WG_7Z'K/6BLW0/M_\ 8%E_:?V;[9Y0\S[-N\OVQNYZ8KE)O$_BW4);
M^^T#2]+ETFPFDA9;J9Q/<F/AC'CY5YR!N]*<K1;0HOFBGW.]HKA)/&&MZOJ>
MG6GAJVT\K>Z<E]YE\7 C&_# [3DGH /7O797]A;ZIIT]A?1B6WN(S'*@8KN!
MZC(.1^=#32&FF6:*\E3X9^$#\19=*.D?Z$NEK<"+[3+_ *PR%<YWYZ=LXK5U
MCQ7)H6HKX:\/3>'["/3H8P[ZU>F-<$?*B#.XD#&6/%%U9>?_  0ZOR/1:*\Z
M3Q#'XEO/!NHJJ1N+^XBE6.0.@=87!VL.&7N#Z$51F^*-[YDVIP3>'!H\+L/L
M<M^!?RHIP65<[03U"GG\Z/+^NG^8?U^?^1ZG17"77B?Q/J'B.]TKPW::7)'#
M;P7"7%Z750K@D@[3DD\8P!CG-9.K>(+_ %E_"MW;V$0U:#5)[:2U>7"+,D;J
M?FQ]WOTSBCM_7=?FA75K_P!;)_DSU&BN&M/&>J:9!KT7B>TLQ>Z3 ESG3V;R
MYD?.T#?R#D8YI+?Q)XLTZ]T^;Q'INEQZ9J,RP1FSE<RVS/\ <$F[ALG RM"U
M?]=?^&!NQW5%>:3>,_&)L-5U:UTS1VTS2[J>.8222"69(V(^0#(! ZD]3T%6
M]?\ 'US%J,.GZ/<:%:2FVCNI9];NO*C ?E44 @LV.2>@X]:2=TG_ %M?\A];
M?UO;\ST"BL'PEXC7Q-HIN]L*S12M!.()1)'O7J48=5/!!]ZWJIJPD[A1112&
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% &?KUA+JGA_4;"!D66YMI(4+DA064@9QGCFI-(M)+#1K&SE*F2"!
M(F*G@E5 ./;BKE%'<#EM<\)-KNL7LEQ*BV5UI9L3@DNKE]P;&,8''>L/1/ N
MK6NKVDE]:^$X;6T<.LUAI:K<3XZ;BPPG.#E>?>O1:*(^[M_6_P#F#UW/,[OP
M+XF$FK66GW>AII^H2S2F\GMG:\7S/O+GH1@XSG.*T+[PQXE/A_2;&U?0;L6]
MHEO<V6J6YEMV90/WB,%W9XZ'CZ5WE%*VEO3\/Z_IZA?6_P#6IYN?AG-'X=LH
M8GTN;4K2YEN4AN;7S+/]Y]Z((<D)P,'J"/>MSP=X9O=&ENKO4(-#MKB=500:
M/9+#&@'?>1O8GC@\#'%=9133L*QA0Z+<Q^.+G6R\7V:6PCME0$[]RNS$D8QC
M!]:YBZ\":Q_9RM:SZ8]]!J\^H0Q7:M);R+(3@. ,@@'/ .#W[UZ)12M_7SO^
M8_Z_"QQ/A?PQK^G^*+G6=8N=,D%Q9K;^38QM&L)5LA5!'*\GDG.3TJ;PKX.N
M="US4[NYNDGM7S%IT0ZP0LY=E/ _B/OP!]*["BG_ )6%8\N/PUU*VN)+*RM_
M"KZ:\C,MY=Z8);R)22=HR"CXZ M7IB"*SM%#,B10I@L<*JJ!U[ #]*EI'19$
M9'4,K#!4C((]*-5&R'N[LX#P78VMWXMUW4[*Y2ZTJ&1HK)TPR!I<23;6'!&[
M'3WJ-O!WBR#3Y_#=EJVF)X=F+KYKPN;N.)R2T:C[AZD9//-=[:6=KI]LEM96
MT-M GW8H8PBK] .*GHLM%Y6#75_,XO4?#&NV6O6VI^%[O3X@+)+&:*_1V41J
M20R[>2PST.!573O!&JVEKIL<]Y;32VVN2:C+)EAO1@W0;?O?-TZ>]=]10M[_
M -;W_,5E:W];6_(*Q==TBXU.^T2>!XE6QO1<2AR02NQEPN ><L.N*VJ*.MQ^
M1F>(M.FU?PWJ6G6[(LUU;/$C2$A06! S@$X_"A]#T^^TRTM-5L+.]%NB@+/"
MLJA@N"1N%:=% ''ZGX8U2QU:'4_"#Z79R?9Q:S6MU"1 8PQ92NS!4C+<=#FL
MZ+P/K"Z'<V<][:SW,VMIJ1E)90R!E8C&WAOE.!TZ<UZ#10M/Z\[_ )B:OI_6
MS7Y,\CUO59]&O/$%IHOBK0K2TEEDDN;?4%9;F"5E^;R5XWACR.HYXK?\+^&K
MX0^&=0E,<<=MHAM98VSY@=]I'&,8&#GFNNN=$TF\O$O+K2[*>ZC^Y/+;HSK]
M&(R*OTDO=L_ZT:_4;U=_ZZ?Y'.^"M(U/0/#L6E:G)9R&U8I!);;OFCZ@L&'#
M<GIQ3O%>@7.M6UG-I]S';ZE87 N;6252R%@""K <X()Z5T%%-ZZ@M#BY?#?B
M77M$O[;Q%JME'<3;&M8]/A/E6[HVX/E_F8D@9!.*+'P_XHU'6[&^\47VEM#I
MS,]M!I\;CS)"I4.Y?H0">!QS7:44?U^@K'$?\(=J'_"LI/#7G6OVUB2'W-Y?
M,N_KMST]NM6K_P .ZL_BU]3LY;(V=SIILKA)BXD4C<59, @\L,Y[5UM%)J^_
M]:6_(?\ 7XW_ #..;P?>/X%TC2%O(H-4TP0R0W"J7C$L?L0"5/(_&DTSP_XC
MO-:35_$]WIK3VT$D-I;Z>CB-2^-SLS\DX&,=*[*BG+WFV^OZZ"2LDET_X<R/
M"VE3Z)X7T[3+EXWGMH1&[1DE21Z9 /Z5"=%N3XY76]\7V8:>;79D[]_F;LXQ
MC&/>MVBFW=\P6TM_7<X6Z\$ZA<:+K-JEY;PW5SJW]I6D@!95PRE0XP/[O.,_
MC26_AGQ1>:\NKZW>Z8\G]GSVGDVBNJ1ER,$;@2>AR21VP*[NBIY5:W];6_(?
M6_\ 6]_S.-3PE?KX<\*:<9K;SM(N()9VW-M8(I!V\<GGOBG:OX4OK^_\33Q2
MVZIJFFI:0!F8%7 ?);C@?,.F?I7844Y>]>_6_P"-O\@C[MK=+?@[G#V7AGQ/
M<7NFV^N:EITNDZ8Z2PBVC833NHPOF9^4 'GY>N.@K,O_ (=ZC'JEX=+M?"\]
MG>3/,TNIZ?YMQ;ECDA#C#C))&[ITKTNBAZNXDK*R.9T_PS/8>)[2_22 VEOI
M0L<*@C8N'#9"* H7V'Y5OWL+7-A<0(0&EB9 3TR1BIZ*4ES*S\_QO_F./NNZ
M_JQQ\G@M[SX=6/AR[F@%U:Q1;9-GFQ>9'@C*L!N4XP01T-4-!\$ZG#?O<ZG;
M>&;%5ADBC&BZ>(W8L,;VD8;E(&>%QUKOZ*;U;;Z_\,"5DDNAY0WP^\7/HL.C
M"Z\.PV=J\;1R06[K-<A&##S6Q\O3/&>:Z:]\/^([37[R^\/7^GPV^I%#>1W<
M3,T;A=N^,KU. .&XXKL:*'KO_705OZ_$\SU/3T\+?"Z'2;_4;==7@<S6)CDR
M\LXDW)L! +') .!W-=QX<TO^QO#UC8,<R11#S6_O.>6/XL35RXL+.[F@FN;2
M":6W;="\D89HSZJ2.#]*L47W\P:U7];F'J_AY=3UO2]0\W8MJY\Z/M,H^9 ?
M]UPI'XTS2/#G]EW6KS^=YGVR0^0I_P"6,9RVS_OMW/XCTK?HI65FO7\1];_U
MH<2?!VH'X;6/ASSK7[9 T)9]S>6=DH<X.W/0>E5/$'@6^G\076JZ3:>'+O[;
MM,\>M69E,; ;=T; 9Y 'RGBO0:*;U=_ZVM^@+33^M[G'V?@^ZLKOPU(LMF4T
MPSM<>5 L 8R+CY$1=H&?7]36GIFBW-EXKUO5)'B,%^L B52=PV*0=W&._&":
MW:*//U_&W^0K?I^'_#F%XNT6ZUW07M["X2VU&*1)[2=^D<JG()X/'4=#UK+N
M/!EPOA/1[&PO8X=4TN1+B&XD7<CS8._<.I#;F]^:[&BE;^O0>^YR&C^'M>N-
M:;6O$]YI[W:6S6UM!IZ.(HE8@LV7^8DX%9^C>#M<L[;PY;7L^G,FBWDCJ\+.
M#)"495R"/OY;D9QCO7?T4]G_ %YO]6)J_P#7R.*7PAJ"_#S5?#YFMOM=V]PT
M;[F\L"20L,G;GH>>*RM?NY= \3;]*\0Z)8:A+91)>6^L;TB=5R%DC?C+#D8S
M]:]*JEJ&CZ9JP0:EIUG>!#E!<P+)M/MN!Q2MV_K2WY#TZ_UK<YCX8+<'PK-<
M7,XN'N+^XF%PJ[1,"_WP/0X)%6/$.A:_<>)+36M"N[&&:VLY(!'=ABDA9E.&
M"C(& >0<YQP:ZI$2*-4C5411A548 'H*=3>ZMT_RL);._7_.YR-AI4>BZ'JU
MUXLU&S,^IL6OIL^7 H*A%1=W8#@9Y.:B^&=A+!X9^WW,K33W[[Q*XPS1* D6
M?^ *#^-=9>65IJ%LUM>VL-S V"T4T8=3@Y&0>.M3*JH@1%"JHP !@ 4+2[^0
M-;?>8?BW1;G7M&2SM7B21;J"8F4D#:D@8] ><"BST6YM_&>J:R[Q&WNK6&%%
M!.\,A;.1C&/F'>MVBA:?UY6&U?\ KSN>?MX+UNWT#3X;.XT_^T+'5I-003%S
M$ZLSG:2!D'#^G457U3X?ZD-8O+G2[3PO<P7TIFE.K6'FRV[M][RV ^89R0&K
MTBBE;^ODE^B#^OQ;_5G*V_A:XM-:\.W,<MNUOIEI-!+MC$1=G"X*HB[0,@\<
M8]ZM:7H=S9:SXBO))(3'J4D;PA2<J%C"G=QQR.V:Z"BAJ][^?X[@E;\/P/.9
MOAW>-X9T&%?[(GU728GC\N^@,]K,K')!! (Z @@9ZU8MO M\WA?6[*Y&B6=[
MJ4/E*FF6(AABP.,G&]LGUZ=A7?44WK?S_K] 6EO+^OU*.C1W\.CVL6J?9OMJ
M1A9?LI8QY''R[N>F.M<A-X8\6Z?+J%CH&J:7%I-_-),S74+F>V,G+;,?*W.2
M-U=[10_>=V$?=5ET.5TCPDVC>(+&YMY(S86FDBP4,3YA8.&W8QC'X]:ZJBBF
MW?\ KYB22,)=%N1XYDUO?%]F;3UM0F3OWB0MG&,8P?6N?\3>"+V[U^;6-)M/
M#UY)=(B3P:U:&55*C 9& )!Q@$=.*[VBIMMY#OOYG&V7@ZZLQX>'FV)^P7,M
MQ<B"W6W0[T9<(B+CC('/) R36 ?AKJ5M<265E;^%7TUY&9;R[TP2WD2DD[1D
M%'QT!:O4:*?6_P#7]:!T_KS_ ,SS0VGB"/X@ZZ/#=SI\<L5I:1O%?1-Y;+AL
M$;,$$8X&,<UKVW@N[M&\/O\ :XIYK.^FO;Z5P5,KR*V2H (ZL.#C@5UR6EM'
M=2W*6\2W$H"R2J@#N!T!/4XR<5-0M+?UU;_435[]O^ E^AR6H^#Y-5U?Q!)<
MS1K9ZI816J;"3(C+N^8C&.XQSVJE;>&_%FI7FGQ>)-1TN33-/F2>-;*)Q+<N
MGW#)NX7!P<+7=44+3^O7_,;U_KT_R./A\*7T?@_Q!I!EMOM&HS74D+!FV*)2
M=NXXR.O. ?QK,UCP#?27-KJ&G6_A^\NQ9Q6MQ!K%J98B4& Z,!N![=.>*]#H
MI6_3\%;\@_X/XNYB>%M$DT'1Q:SFR\]Y&ED%E:I;Q*3V55 X P,G)/>MNBBJ
M;N)*P4444AA1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
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M_P 11_PM_P "?]!W_P E)_\ XBNXHH X?_A;_@3_ *#O_DI/_P#$4?\ "W_
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M6_X$_P"@[_Y*3_\ Q%'_  M_P)_T'?\ R4G_ /B*[BB@#A_^%O\ @3_H._\
MDI/_ /$4?\+?\"?]!W_R4G_^(KN** .'_P"%O^!/^@[_ .2D_P#\11_PM_P)
M_P!!W_R4G_\ B*[BB@#A_P#A;_@3_H._^2D__P 11_PM_P "?]!W_P E)_\
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M\"?]!W_R4G_^(H_X6_X$_P"@[_Y*3_\ Q%=Q10!P_P#PM_P)_P!!W_R4G_\
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M HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "N'^&W_,W?]C+>?\
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M9@_:#L6CS<>'[F.3/W8[A7&/J0/Y5Y]_PJ#QW_T O_)N#_XNJ=W\,_&=EO\
M-\/W;;!D^3ME_+83G\* L>SV?QT\(W)Q,FHVO3F6 $?^.L3Q75:9X]\*:P56
MRUZR9V&0DC^4Q_X"^#VKY)N[.ZL)S!>6TUO,O6.9"C#\#S4%--!8^WP01D'(
MHKX\T3QCXA\.LO\ 9>K7,"#_ )9;]T?_ 'PV5_2OJ7P;XBC\5>%K+5D 5Y%V
MS(/X9!PP_/\ 0T[:71-[.S-ZBBBI&%%%% !1110 4444 %</\-O^9N_[&6\_
M]DKN*X?X;?\ ,W?]C+>?^R4 =Q1110 5A^-/^1%\0_\ 8,N?_135N5A^-/\
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MH\ENQSR #E0?HK+^&*^7:^A/@!(3X3U.+^%;[</Q1?\ "@&>MT444""BBB@
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MXS\8K^VU#XBWAM91(L,:0NR] ZCD?AG%9'@[QSJ?@B>ZFTV"TE:Y55<7*,P
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M<?V?]7<KJVC.V57;<QC/3^%O_9:X=OB;-*=]QX2\)7$I W2RZ9EF]R=U=_\
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MPT&BVK7L@Z_.V,?D?+-2_&+Q?=>&/#<%MI\IAO=0=D653AHT4#<5/8\J,^]
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M^P/\:^?J^D/@3:&W\!33M_R\7LCCZ!57^:F@&>GT444""BBB@ HHHH ****
M.'^+_P#R2W6?^V'_ */CKN*X?XO_ /)+=9_[8?\ H^.NXH **** "N'\3_\
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MU2Z?389(;$R-Y$<K9=4SQD^N*+'5+_3/-^PWMQ;"5=LHBD*B0>C <$<G@^M
M'VE')'*F^-U=>F5.17R?XT\0:KXR\4JMYI<-I?*_V9((X]LA); 5R>6/;M^%
M/\*_$?6O"5G=VE@ML8KGYCNCPT;8P&7'&>G4'I6Y\-XF\5_$9M;U/SIFLE-]
M/-(RD%E "<!0,YP1C^[0!Z==6<>D6.G:'"08].MDB) ^\^ 6;\3S6EX44G5G
M/I"?YBL:>9KBXDF?[SL6/XUT/A"/,]U)CHJK^9_^M3).KHHHI#"BBB@ HHHH
M *X?Q/\ \E2\!?\ <0_]$+7<5P_B?_DJ7@+_ +B'_HA: .XHHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ KA_AM_P S=_V,MY_[)7<5P_PV
M_P"9N_[&6\_]DH [BBBB@ HHHH **** "BBB@ KQ;XY>#6GAC\4V4>7B417J
MJ.2O17_#H?;'I7M-<YXO\2V&@VD%K=V,^HSZB6@AL;>,.\XQ\W![ 'GZT >#
M+H7@G1?#.@:MK8UNYFU.*1S':2Q",%&VD<@$=1W[5H6>K^&([2"VMM'\9FT<
M,T4$5Z?+8<YP%_$G%4_B-8-8^&/#=M%I.HV%M;/=J$O$Y3S)!(J[AD'@D=<_
M*<BNB\/2Q_VC\.7\Q-D6GW@D;=PA*28!],^] SG3<>#)I4E;P-KTIF8[2UVY
M\PCKSCFLZ3Q!X(CE9#X F!5B"'UF4'CU&WBNE\/E8[;X9!P5\B]O#*&./+S(
MF"WH#SC->=Z]:W$GB+4W2"5E:[E(8(2"-YYH W3XF\%9./A]'C_L,7%2?\)E
MX7+_ /(@:>%S_P _<A(%8&B&WL+YIM5\/RZI;F,J(#+)#ALC#;EY]>/>NLTK
MQ!X4M=7LKAOAV\"Q3QN9A?W$AC 8'=L/#8ZX/!Z4 46\<:)GY/ >BA>P9G)_
M/-12^/+/<!!X)\,H@&,26SN<_7>*[3QAXO\ !VN7%JZ>$WOQ$C#=,TUKLR1P
M!&#N_&N+UB?0+W3G@TSPFFFW)8%;D7ES-M&>1M9<<T 7]6N[;Q'\,9M4CT/2
M-.N[+5(XW;3[;RMT31MC)))/S8[XXKW;X=:4=&^'^C6C*5D-N)G#=0SDN0?I
MNQ^%>._#/PXVO:/KV@SR?NIY;.<@AUPJ2GS,9 Y*DCCVKZ)50BA5 "@8 ':@
M!:***!!1110 4444 %%%% '#_%__ ));K/\ VP_]'QUW%</\7_\ DENL_P#;
M#_T?'7<4 %%%% !7#^)_^2I> O\ N(?^B%KN*X?Q/_R5+P%_W$/_ $0M '<4
M444 %%%% !1110 4444 %%%% 'D7QV\3/8Z-:Z#;OMDOB9)\=?+4\#\3_P"@
MU\^UZ-\;9WE^(LJ,>(K:)%^F"?YDUYS44]5?N:2TLC2T'6KGP[KEKJUHD3W%
MLQ9%F!*DX(Y (/?UK<\6_$35_&36+:C;6,1LG9X_LZ.N2<==S'^Z/2N1HJ[[
M>1%M_,[GQ1\5=<\6Z(VDW]IIT<#.KEH(W#97IR7(_2G1?%C78O"7_"-K::<;
M/[*;7>8W\S81C.=^,\^E<)12LK-=QK1I]@I4=HW5T8JRG(8'!!I**8'UG\./
M$Y\5>#;2]F;-W%^XN/=U[_B,'\:ZRO'?V?9&.AZS$?NK<HP_%?\ ZU>Q5<][
MF4-K=@HHHJ"PHHHH **** "BBB@ KA_AM_S-W_8RWG_LE=Q7#_#;_F;O^QEO
M/_9* .XHHHH *P_&G_(B^(?^P9<_^BFK<K#\:?\ (B^(?^P9<_\ HIJ #P7_
M ,B+X>_[!EM_Z*6MRL/P7_R(OA[_ +!EM_Z*6MR@ HHHH **** "BBB@ HHH
MH XC4XKG0]28VLKQ12?,FT\>X(]O\*R]2M]$\1+MU_1;:Z<\?:8AY<P_X$,$
M_3.*[[5=.34K)H3@..4;T/\ A7G\T,EO,\4JE70X(-,1QFJ?!JRO,R>&M;7>
M>EIJ VM] X'/Y?C7GFN^#_$'AIC_ &KI<\$8./.QNC/_  ,9'ZU[G5ZVU>\M
MD\L2^9$1@QRC<I'I@T6'<\#T+QSXE\-E5TW5ITA7'[B0^9'CTVMD#\,&HO$/
MB,^)]4_M&_LH8KED"/\ 9 (T;&?F(()R<\G->S:IX0\&^(=S7.F-I=TW_+QI
MY"KGW3I^F?>N(U?X,:Q C3Z#>6VL0#G8A$<H'NI./U_"D.YYWOM?^>,W_?T?
M_$T;[7_GC-_W]'_Q-/O]-OM+N3;7]I/:S#K'-&4/Y&JM R??:_\ /&;_ +^C
M_P")KV[X;:;'I/P^EU!8VCFU>?"[CEO*CR.N!QG=^=>(V5I-?WUO9VZ[IKB5
M8HQZLQP/U-?2NH00Z>EII-M_Q[Z?;I;I[D#D_6A"92KL_"D!CTQY2.9)#CZ#
MC^>:XT L0 ,D\ "O1K"V^QV$%OW1 #]>_P"M-DEFBBBD,**** "BBB@ KA_$
M_P#R5+P%_P!Q#_T0M=Q7#^)_^2I> O\ N(?^B%H [BBBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "N'^&W_ #-W_8RWG_LE=Q7#_#;_ )F[
M_L9;S_V2@#N**** "BBB@ HHHH **** "O+_ (GZ_I>BZUX?U=;VWEU'2;EC
M)9+(#(T,B[7P.QX&,XKT755O'T>]73V"WIMY!;EN@DVG;G\<5\::A#>6^H7$
M6H),EXLA\X39W[L\YSSF@:/I:X^(/P\\5V4VD7VIP/!.N&2ZB>)?J&8  @]#
MG-<)XQ\#^"O#$,=Q/IOB!["7!2]L+B*1.?X3N''MZ^M>-U](?!C3[]O ,]OK
M%NS6,\S?9H;A<AHB!GY3_"3G]3WH \F2'X8S,5%UXJM^,AI8X&'T^7FG_P!C
M_#>7!3Q3JL&1TEL-V#[[:])\5? S3M0:2Z\/7/\ 9\[9;[-+EH6/L>J?J/05
MY/K/PV\6Z&["XT:XFC!XEM5\Y2/7Y<D#Z@4 6?\ A&O!)&5^(&/4/HTP_D34
MW_"#>'WR(?'^D$C_ )Z1.@Q]37#R120R-'*C(ZG!5A@C\*;0!VK?#V%F/D>-
M/"KH?N[[\H3]05P/SIT?PPU&X_X]-=\.70SMS#J2MSZ=.O3\ZS]"^'OBCQ#*
MJV>D7"1$C,]PIBC ]<MU_#)KW3P'\)]-\).FH7KK?ZL/NR8Q'#_N ]_]H_AB
M@!_PL^'\G@W39[C4-IU6[.) C;EC0'A0>^>I_#TKT&BB@04444 %%%% !111
M0 4444 </\7_ /DENL_]L/\ T?'7<5P_Q?\ ^26ZS_VP_P#1\==Q0 4444 %
M</XG_P"2I> O^XA_Z(6NXKA_$_\ R5+P%_W$/_1"T =Q1110 4444 %%%% !
M1110 4444 ?,/QI_Y*3=_P#7&+_T&O/J^WZ*F,>56*<KNY\045]OT50KGQ!1
M7V_10%SX@HK[?HH"YXU^SY_R"=;_ .N\?_H)KV6BBG)W)BK!1112&%%%% !1
M110 4444 %</\-O^9N_[&6\_]DKN*X?X;?\ ,W?]C+>?^R4 =Q1110 5A^-/
M^1%\0_\ 8,N?_135N5A^-/\ D1?$/_8,N?\ T4U !X+_ .1%\/?]@RV_]%+6
MY6'X+_Y$7P]_V#+;_P!%+6Y0 4444 %%%% !1110 4444 %8VN:*NHQ^=" M
MRHX]''H:V:* /,71XG9'4JZG!!&"*;7?:IHUOJ:[F_=S 8$@'\_6N0O]'O-/
M),L>Z/M(G*__ %J8BA3D=XW#HS*PZ%3@BFT4P+TVHK?VOV35[.VU*V/\%S&&
M(^A]?>N2U7X7>%-8W2:5>3Z-<'I%+^]AS[$G(_/\*WZ*5@.8\$_##5?#7C6/
M5=66";3K*&2XBN()0R2/C"C!^8'G=T[=:ZF61I97D<Y9V+$^YI4FE1&19&"-
M]Y0>#]15K3]/N-2G$<*@*/O.5X4?Y[4#+WAO3C=7PN''[J YY[MV']:[6H+.
MTBLK98(5PJ]^Y/J:GI %%%% !1110 4444 %</XG_P"2I> O^XA_Z(6NXKA_
M$_\ R5+P%_W$/_1"T =Q1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 %%%% !7#_#;_F;O^QEO/\ V2NXKA_AM_S-W_8RWG_LE '<4444 %%%% !1
M110 4444 %9>J^'-%UPJ=4TJSNV485YH0S >S=16I10!SMCX#\*:=*LMKH%@
MLBG*NT0<@^Q;.*Z(# P*** "BBB@"*6V@G_UT,<G^^H/\Z;'96D+;HK6%&]5
MC -3T4 %%%% !1110 4444 %%%% !1110 4444 </\7_ /DENL_]L/\ T?'7
M<5P_Q?\ ^26ZS_VP_P#1\==Q0 4444 %</XG_P"2I> O^XA_Z(6NXKA_$_\
MR5+P%_W$/_1"T =Q1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %</\-O^9N_[&6\_P#9*[BN'^&W_,W?
M]C+>?^R4 =Q1110 5A^-/^1%\0_]@RY_]%-6Y6'XT_Y$7Q#_ -@RY_\ 134
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M)_%'1/&6KMING6NH13+$92UQ&BK@$#^%R<\^E:M7E)+HW]VAFKV3?9?K_P
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M86UF<PH"Z>8P*[=N!P!R!FJMK;Y?C;\Q7TO_ %LW^2%_L+XR?]#9HW_?I?\
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MT*.F:/8:-#-%80>2DTSSR#>S;G8Y8\D]?3I0-'L!K;:R(/\ B8-!]G,V]O\
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MO?4%KL0ZYX=TCQ)9BTUBQCNH5.Y0V05/J&!!'X&JR^#O#Z^'6T!=+A&EM]Z
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M5P_B?_DJ7@+_ +B'_HA: .XHHHH **** "BBB@ HHHH **** "BBB@ HHHH
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MPY24KG'RX.5Z$_2I;CQ[XO?Q'>C3[?4[NWT^[^RM:V^D"6*8*0&9Y0VY&/)
M QTJI<:/\0;GP_%H4OP^T'^S8F#I L^W##ON%P&SSUSS45QX=\=W>K1:I/\
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M+X>_[!EM_P"BEK<H **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "N'\3_ /)4O 7_ '$/_1"UW%</XG_Y*EX"
M_P"XA_Z(6@#N**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
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MB)WUJ\NM<TQ->GC32[9<.\$.ZY9U9LR?)C:!A?D"G@\UM>!/^1!T'_KQB_\
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MF*KVVG6EMX8M=9A@1-2'B(H+H#]X$-T5*[NNT@GY>G-4EK;^MTM/+4ERTO\
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MJ%I#!%JDVO>6+IH]S#_3. >Y4$ X_P :[+P9=VFG:=>PZH\5MK$5UY6HS3R
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M444 %%%% !1110 4444 %</\-O\ F;O^QEO/_9*[BN'^&W_,W?\ 8RWG_LE
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MZ$UXD15@S3"#.UI"0V!AR.,= :Z31-8GU;4M8 2(6-I<"V@=0=TC*H,A)SC
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M;Z-!<16[RLL]S)<MYA!(9VW$# '&>E<SJ/CF2*:\ET^&&YLX+:VV,207N)V
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M:)=6<R30/]UU/IP1[$'@CM5-6;0DTTF<?\7_ /DENL_]L/\ T?'7<5P_Q?\
M^26ZS_VP_P#1\==Q2&%%%% !7#^)_P#DJ7@+_N(?^B%KN*X?Q/\ \E2\!?\
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MP9<_^BFH /!?_(B^'O\ L&6W_HI:OZMI5IK>F3:?>HS02XSM;:RD'(((Z$$
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MCVJ%O!-F&W0:A?V[I>/>V[1F/-O(^=^W*'(;<<AMWMBI[GQ++:0!VT'5YBD
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M1-7L&N8PQ>%;E"Z[?O9&<C&#GTI(/$.B7-K)=0:QI\MO$P62:.Y1D0G@ D'
M)S1:ZLNO_!_S"R7R_P"!_D<#HO@BZ?2]$U*;2=*OYQIJV\]EJR;0AW%E96V/
MM/S$$8_$8KLK+PU;K86D5P@M9(,GRM)GFM( 2<_<1P#]3UYZ9Q5_4]4M].@<
MO<V4<_E-)&EU<B%6"XR2V"0HR,G!QFJVJ^)--TBS9[F^LENO(::*V:Y56EPN
M<+GD@^H%-R2N_P"NX)7LCCK#3-6UN'Q5I47V)--N]5FCFF=W\V-<+N"H%PV1
MT)88]Z?X@\":OJT&KVR?V?<"Z.;:ZO+B4M F!B,1!2HQ@X8'/.<$UU=KXHTQ
MM#TW4M1O+33OMT*2I'<7*KRR@[06QGKZ5?O=7TS388Y;[4;2UCE.(WGG5 Y]
MB3S1R\NCZ:?-6_R!.[NO4Y.3P;J#W%]=I<6J7)O;:]M,EF7=%&$*OP, _,,C
M/7/M6GHFDZO%XHU36=4%C&+N"&*.&UE>39L+9R65<_>ZX'T];OAK7AXBTN2^
M6 0JMQ+  )-X8(Y7=G ZXS6Q0M-?ZU7^0K*UOZT_X8Y[Q?X</B*PM4C6UDFM
M+E;A(;M-\,N 04<8/!!/.#CTK'E\'7,U@8X-+T#2G-[;3^781D92.0,VZ0(N
MX^@VC'K7<T4+3;^MO\AO56?];_YG-S>&6O->URYNS$]CJ5C%:[ 3N&W?N)&,
M8^88YK!C^']]/X7>WU&XLKK6&O([IWD0O!+Y8"(C C.TH,'CJ3UKT*BE;^OG
M</Z_"QPEQX,NKG2;N"#2?#NDR2R0,JV,9Y"2*[;Y BYR!P-G![U)<^%-8_LW
M5-!MI;'^RM1GDE-Q([B:%9&W.H0+AN2<'<.O0XKMZ*?]?U]P'G%K8ZO<^(/&
M.FZ8+$6T[0P/+<.X>+,"C<%"D/QV)7GO4[^ /L6HSS6NE:%JL,\,2#^U8\O
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M;X;?\S=_V,MY_P"R5W%</\-O^9N_[&6\_P#9*IN[;%%65CN****0PK#\:?\
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M -?GJ"T::Z?TO\CR32M*U'3+FVNM0.MVL,VCVL$;6-@MPR%$P\3HT4C)R<]
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
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M?M7V;=Y7[YTV[L;ONL,_='7TK<HH X?_ (5!X$_Z 7_DW/\ _%T?\*@\"?\
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M&",CD<$]*GHH X?_ (5!X$_Z 7_DW/\ _%T?\*@\"?\ 0"_\FY__ (NNXHH
MX?\ X5!X$_Z 7_DW/_\ %T?\*@\"?] +_P FY_\ XNNXHH X?_A4'@3_ * 7
M_DW/_P#%T?\ "H/ G_0"_P#)N?\ ^+KN** .'_X5!X$_Z 7_ )-S_P#Q='_"
MH/ G_0"_\FY__BZ[BB@#A_\ A4'@3_H!?^3<_P#\71_PJ#P)_P! +_R;G_\
MBZ[BB@#A_P#A4'@3_H!?^3<__P 71_PJ#P)_T O_ ";G_P#BZ[BB@#A_^%0>
M!/\ H!?^3<__ ,71_P *@\"?] +_ ,FY_P#XNNXHH X?_A4'@3_H!?\ DW/_
M /%T?\*@\"?] +_R;G_^+KN** .'_P"%0>!/^@%_Y-S_ /Q='_"H/ G_ $ O
M_)N?_P"+KN** .'_ .%0>!/^@%_Y-S__ !='_"H/ G_0"_\ )N?_ .+KN**
M.'_X5!X$_P"@%_Y-S_\ Q='_  J#P)_T O\ R;G_ /BZ[BB@#A_^%0>!/^@%
M_P"3<_\ \71_PJ#P)_T O_)N?_XNNXHH X?_ (5!X$_Z 7_DW/\ _%T?\*@\
M"?\ 0"_\FY__ (NNXHH X?\ X5!X$_Z 7_DW/_\ %T?\*@\"?] +_P FY_\
MXNNXHH X?_A4'@3_ * 7_DW/_P#%U>T?X<>$] U6'4],TGR+R'=Y<GVB5MN5
M*GAF(Z$]JZJB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
@@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH __]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>sigallen_001.jpg
<TEXT>
begin 644 sigallen_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !3 -8# 2(  A$! Q$!_\0
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MDDFT.S0?NVU*VFG/81K,BX/U=TK3OKYQXKTVPCEVKY4MS*H/WE "J#^+,?\
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4B@ HHHH **** "BBB@ HHHH _]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>sigdan_002.jpg
<TEXT>
begin 644 sigdan_002.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !8 5<# 2(  A$! Q$!_\0
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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M[49S>WB_ZMF4!(?:->WUY)]>U:] !1110 4444 %%%% !1110 4444 %%%%
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; "BBB@ HHHH **** "BBB@ HHHH **** /_9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>sigkail_003.jpg
<TEXT>
begin 644 sigkail_003.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" "' ;0# 2(  A$! Q$!_\0
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@#F_%_C&W\'V5M=75C=7"3S>2/(
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MG_#^U.HKJ6O7]SK5\GS)]JQY,1_V(^WXYKL@H"XQ2].E #$B2- B*%0# 50
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M;GY@ -P]\<&MOP5KNNZO]OAUO2WMOLT@$%PT#P?:%_O;&Y!_3F@#KZ*!THH
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MXF6*?8'\MB.&VG@X]*P?#_@?3]*AAN+VUBO-9,8%S?RDRO(_=@7Z?0"NLHH
M2EHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "
MBBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **
M** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHH
MH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
K HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH __V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
