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Series A Preferred* (Listed as converted-to- common equivalent) Total (common equivalent) 0 0% 300,000 20% 100% 1,500,000 100% (Percentages are given in monetary value

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Series A Preferred* (Listed as converted-to- common equivalent) Total (common equivalent) 0 0% 300,000 20% 100% 1,500,000 100% (Percentages are given in monetary value equivalent) * Assumes the sale of all shares of Series A Preferred Shares (convertible to common on a 2 to 1 basis) for a total amount of $ 1,500,000 during the capitalization event at $ per share. Also assumes that percentages are based on monetary-value equivalent. Pre money valuation of the company is $ Post money valuation of the company is $

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