[Company] [Case Name]

INPUTS

Directions: Input items in yellow highlighted boxes. Unhighlighted boxes are not linked and will not drive model.

BASIC EXIT MULTIPLES CASH SWEEP

Company Name: [Company] EBIT 0.0x Engage Cash Sweep (Y/N) N
Case: [Case Name] EBITDA 6.0x % to Senior Term Loan A 0.0%
Projected Yr. 1: 12/31/08 Using Multiple Of: EBITDA % to Senior Term Loan B 0.0%
Estimated Transaction Month: 12/31/07 % to Senior Subordinated Note1 (KPP) 0.0%
# of Interim Months: 12

SOURCES AND USES OF FUNDS PRINT MACROS

SOURCES Amount USES Amount

Excess Cash $0 Purchase Price $0 PRINT MODEL -
Existing Debt 0 Refinance Existing Debt 0 SHORT
Working Capital Revolver 0 Refinance Working Capital Revolver 0
Senior Term Loan A 0 Refinance Senior Term Loan A 0
Senior Term Loan B 0 Refinance Senior Term Loan B 0
Senior Subordinated Note1 (KPP) 0 Refinance Senior Subordinated Note1 (KP 0 PRINT MODEL
-LONG
Senior Subordinated Note 2 0 Refinance Senior Subordinated Note 2 0
Other Debt 1 0 Refinance Other Debt 1 0
Preferred Stock1 (KPP) 0 Refinance Preferred Stock1 (KPP) 0
Preferred Stock2 0 Refinance Preferred Stock2 0
Common Stock (KPP) 0 Overcapitalization/Cash 0 PRINT KPP IRRs
Investor Common Stock 0 Transaction Costs & Expenses 0

TOTAL $0 TOTAL $0

CAPITAL STRUCTURE
Base Transac./ Est. Transac. Post-Transac. KPP %
Beginning Int./Div PIK Int. Convertible Facility Exercise Fully-Dil. of Total
Balance Rates Rate (Y/N) Fee Year Equity Principal
Excess Cash $0 0.00% - - - - - -
Existing Debt 0 0.00% - - - - - -
Working Capital Revolver 0 7.72% - - 0.00% - - -
Senior Term Loan A 0 7.72% - - 0.00% 12/31/12 0.0% -
Senior Term Loan B 0 7.72% 0.00% - 0.00% 12/31/12 0.0% -
Senior Subordinated Note1 (KPP) 0 0.00% 0.00% - 0.00% 12/31/12 0.0% 100.0%
Senior Subordinated Note 2 0 0.00% 0.00% - 0.00% 12/31/12 0.0% -
Other Debt 1 0 0.00% 0.00% - - - 0.0% -
Preferred Stock1 (KPP) 0 0.00% 0.00% N 0.00% 12/31/12 0.0% 100.0%
Preferred Stock2 0 0.00% 0.00% N 0.00% 12/31/12 0.0% -
Common Stock (KPP) 0.00% - - - 12/31/12 0.0% 100.0%
Investor Common Stock 0.00% - - - 12/31/12 0.0% -

Maximum Revolver Balance $30,000 NOTE: Debt Amoritzation/Issuance is inputed in "Debt" page.
Minimum Cash Balance $0

372465144.xls 11/27/2017 13:05:10

[Company] [Case Name]

IS ASSUMPTIONS
12 Mo. Projected FYE
Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13
NOTE: Independent input assumptions are italicized.
Revenue

Revenue 1 - Growth rate NA NA NA NA 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

Revenue 2 - Growth rate NA NA NA NA 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Total Net Revenue Growth NA NA NA NA NA NA NA NA NA NA

Cost of Goods Sold

Var. COGS 1 - % of Net Revenue NA NA NA NA NA 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Var. COGS 2 - % of Net Revenue NA NA NA NA NA 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Fixed Cogs1 - Growth Rate NA NA NA NA 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Total COGS - % of Net Revenue NA NA NA NA NA NA NA NA NA NA NA

Selling General and Administrative

Selling & Administrative - % of Revenue NA NA NA NA NA 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
General - % of Revenue NA NA NA NA NA 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Research and Development - % of Revenue NA NA NA NA NA 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Income Tax Rate 40.0% 40.0% 40.0% 40.0% 40.0% 40.0%

BALANCE SHEET ASSUMPTIONS

BALANCE SHEET ASSUMPTIONS Projected FYE
Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13

Accounts Receivable Turnover - Days NA NA NA NA NA NA NA NA NA NA NA

Inventory Turnover - Days NA NA NA NA NA NA NA NA NA NA NA

Accounts Payable - Turnover Days NA NA NA NA NA NA NA NA NA NA NA

Accrued Expenses - % COGS NA NA NA NA NA NA NA NA NA NA NA

Other Current Liabilities - % COGS NA NA NA NA NA NA NA NA NA NA NA

No. Days/Year 365 365 365 365 365 365 365 365 365 365 365

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[Company] [Case Name]

OTHER INCOME ASSUMPTIONS First Last

0 Mos. 12 Mos. 12 Mo. Projected FYE
Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Dec-08 Dec-08 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13

DEPRECIATION & CapEx

Depreciation - - - - - 0 0 0 0 0 0 0 0
Other - - - - - 0 0 0 0 0 0 0 0
Total Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0

Maintenance CapEx - - - - 0 0 0 0 0 0 0 0 0
Growth CapEx - - - - 0 0 0 0 0 0 0 0 0
Total Capital Expenditures 0 0 0 0 0 0 0 0 0 0 0 0 0
Maintenance CapEx/Rev1 #DIV/0! NA #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Growth CapEx/Rev1 #DIV/0! NA 0.0% #DIV/0! 0.0% 0.0% 0.0% 0.0% 0.0%

Yrs. to
AMORTIZATION Amortize Pro-Forma
Intangible 0 0 0 0 0 0 0 0 0
Transaction Fee 7 Years 0 % of Total Goodwill 0 0 0 0 0 0 0 0
Goodwill (Tax-Deductible) 15 Years 0 0.0% 0 0 0 0 0 0 0 0
Goodwill (Non-Tax Deductible) 15 Years 0 100.0% 0 0 0 0 0 0 0 0

DEPRECIATION SCHEDULE Last

Yrs. to 12 Mos. Projected FYE
Depreciate Year Amount Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13

Depreciation of Existing PP&E Base 15 12/31/07 $0 $0 $0 $0 $0 $0 $0

Depreciation of New Capital Expenditures

15 12/31/08 $0 $0 $0 $0 $0 $0 $0
15 12/31/09 0 - 0 0 0 0 0
15 12/31/10 0 - - 0 0 0 0
15 12/31/11 0 - - - 0 0 0
15 12/31/12 0 - - - - 0 0
15 12/31/13 0 - - - - - 0

Total Depreciation $0 $0 $0 $0 $0 $0

372465144.xls 11/27/2017 13:05:11 PRELIMINARY AND CONFIDENTIAL 3

372465144.xls 11/27/2017 13:05:11 PRELIMINARY AND CONFIDENTIAL 4
 [Company] [Case Name]

USES OF FUNDS Amount

Purchase Price $0 ASSUMPTIONS MULTIPLE ANALYSIS
Refinance Existing Debt 0 5Yr.
Refinance Working Capital Revolver 0 12/31/08 12/31/09 12/31/10 CAGR
Refinance Senior Term Loans 0 Revenue NA NA NA #DIV/0! PROJECTED
Refinance Subordinated and Other Debt 0 EBITDA NA NA NA #DIV/0! #DIV/0! EBIT EBITDA
Refinance Preferred Stock 0
Overcapitalization/Cash 0 Exit Multiple 0.00 6.00
Transaction Costs & Expenses 0
Other 0
Total Uses 0

Mult. Of Int.
SOURCES OF FUNDS Amount EBITDA Rate RETURN ANALYSIS Using Multiple of EBITDA 6.00 6.00
Excess Cash $0 #DIV/0! 0.0%
Existing Debt 0 #DIV/0! 0.0% 5.0 Yr. 5.0 Yr. 5.0 Yr.
Working Capital Revolver 0 #DIV/0! 7.7% Investors % Equity $ Back IRR
Senior Term Loan A 0 #DIV/0! 7.7% Senior Term Loan A 0.0% - -
Senior Term Loan B 0 #DIV/0! 7.7% Senior Term Loan B 0.0% - -
Senior Subordinated Note1 (KPP) 0 #DIV/0! 0.0% Senior Subordinated Note1 (KPP) 0.0% 0.0x 0.0%
Senior Subordinated Note 2 0 #DIV/0! 0.0% Senior Subordinated Note 2 0.0% 0.0x 0.0%
Other Debt 1 0 #DIV/0! 0.0% Preferred Stock1 (KPP) 0.0% 0.0x 0.0%
Preferred Stock1 (KPP) 0 #DIV/0! 0.0% Preferred Stock2 0.0% 0.0x 0.0%
Preferred Stock2 0 #DIV/0! 0.0% Common Stock (KPP) 0.0% 0.0x 0.0%
Common Stock (KPP) 0 #DIV/0! Investor Common Stock 0.0% 0.0x 0.0%
Investor Common Stock 0 #DIV/0! TOTAL 0.0%
Other 0 #DIV/0!
Total Sources $0 #DIV/0!

Pro Forma Historical FYE LTM Projected FYE

INCOME STATEMENT Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13
NET SALES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Sales Growth NA NA NA NA NA NA NA NA NA NA NA
Gross Margin NA NA NA NA NA NA NA NA NA NA NA
EBITDA $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
EBITDA Margin NA NA NA NA NA NA NA NA NA NA NA NA
Cash Interest Expense $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Net Income Margin NA NA NA NA NA NA NA NA NA NA NA
Capital Expenditures NA NA NA NA NA $0 $0 $0 $0 $0 $0
CapEx / Net Sales NA NA NA NA NA #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

CAPITAL STRUCTURE @ Close @ Close Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13
Total Bank Debt $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Total Funded Debt $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Total Preferred Stock $0 $0 $0 $0 $0 $0 $0 $0

RATIOS Dec-07 Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13

Total Funded Debt/EBITDA NA NA NA NA NA NA NA NA
Total Funded Debt/EBITDA-Capex NA NA NA NA NA NA
Total Senior Debt/EBITDA NA NA NA NA NA NA NA NA
EBITDA/Cash Interest NA NA NA NA NA NA
EBITDA - CAPEX/Cash Interest NA NA NA NA NA NA
EBITDA - CAPEX - Taxes/Cash Interest + Sched. Amort. NA NA NA NA NA NA

372465144.xls 11/27/2017 13:05:11 PRELIMINARY AND CONFIDENTIAL 5

[Company] [Case Name]

INCOME STATEMENT
First Last Pro Forma
Pro Forma Historical FYE 0 Mos. 12 Mos. 12 Mos. Projected FYE
Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Dec-07 Dec-08 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13

Revenue 1 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Revenue 2 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Net Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Var. COGS 1 0 0 0 0 0 0 0 0 0 0 0 0 0
Var. COGS 2 0 0 0 0 0 0 0 0 0 0 0 0 0
Fixed Cogs1 0 0 0 0 0 0 0 0 0 0 0 0 0
Total COGS 0 0 0 0 0 0 0 0 0 0 0 0 0

Gross Profit $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Gross Margin NA NA NA NA NA NA NA NA NA NA NA NA NA

Selling & Administrative 0 0 0 0 0 0 0 0 0 0 0 0 0

General 0 0 0 0 0 0 0 0 0 0 0 0 0
Research and Development 0 0 0 0 0 0 0 0 0 0 0 0 0
Total SG&A 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating/S,G,&A Expense Margin NA NA NA NA NA NA NA NA NA NA NA NA NA

EBITDA $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
EBITDA Margin NA NA NA NA NA NA NA NA NA NA NA NA NA

Tax-Deductible Depreciation and Amortization 0 0 0 0 0 0 0 0 0 0 0 0 0

Non-Tax-Deductible Goodwill Amortization 0 0 0 0 0 0 0 0 0 0 0 0 0

EBIT $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
EBIT Margin NA NA NA NA NA NA NA NA NA NA NA NA NA

Total Cash Interest $0 $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Non-Cash Interest Expense 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Interest Expense $0 $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Other Income (Expense) 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Earnings Before Taxes $0 $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Income Taxes 0 0 0 0 0 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Effective Tax Rate NA NA NA NA NA NA #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Net Income $0 $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Common Stock Dividends 0 0 0 0 0 0 0 0 0 0 0 0 0

Preferred Stock Dividends 0 0 0 0 0 0 0 0 0 0 0 0 0

Additions to Retained Earnings $0 $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Enter
Tax Considerations: Amort.
NOL Carryforward Addback End of Period Balance: 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
(Addback) Non Tax-Deductible Amort. as a 0 0 0 0 0 0 0 0 0 0 0 0 0
negative
number.

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[Company] [Case Name]

CASH FLOW STATEMENT

Pro Forma Historical FYE 12 Mos. Projected FYE

Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13
Net Income $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Tax-Deductible Depreciation and Amortization 0 0 0 0 0 0 0 0 0 0 0
Non-Tax-Deductible Goodwill Amortization 0 0 0 0 0 0 0 0 0 0 0
Deferred Taxes 0 0 0 0 0 0 0 0 0 0 0
Non Cash Interest 0 0 0 0 0 0 0 0 0 0 0
FUNDS FLOW FROM OPERATIONS $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

(Incr) Decr in Net Working Assets 0 0 0 0 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Capital Expenditures 0 0 0 0 0 0 0 0 0 0 0
Insert any
Change in Other Assets 0 0 0 0 0 0 0 0 0 0 0
new items
Change in Long Term Receivables between 0 0 0 0 0 0 0 0 0 0 0
Change in Other Equity these lines. 0 0 0 0 0 0 0 0 0 0 0
Change in Other Long Term Debt 0 0 0 0 0 0 0 0 0 0 0
Change in Other LT Liabilities 0 0 0 0 0 0 0 0 0 0 0
Common Stock Dividends 0 0 0 0 0 0 0 0 0 0 0
CASH AVAILABLE FOR DEBT SVC $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

AMORTIZATION OF DEBT At Close

Working Capital Revolver $0 0 0 0 0 0 0
Senior Term Loan A $0 0 0 0 0 0 0
Senior Term Loan B $0 0 0 0 0 0 0
Existing Debt $0 0 0 0 0 0 0
Senior Subordinated Note1 (KPP) $0 0 0 0 0 0 0
Senior Subordinated Note 2 $0 0 0 0 0 0 0
Other Debt 1 $0 0 0 0 0 0 0
Pref. Stock Dividends 0 0 0 0 0 0
Pref. Stock Issuance / (Redemption) $0 0 0 0 0 0 0
TOTAL AMORTIZATION $0 $0 $0 $0 $0 $0

EXCESS CASH FLOW #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

(Reduction) in Revolving Credit #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Excess Cash to Senior Term Loan A Percent Cash Sweep 0.0% 0 0 0 0 0 0
Excess Cash to Senior Term Loan B Percent Cash Sweep 0.0% 0 0 0 0 0 0
Excess Cash to Senior Subordinated Note1 (KPP) Percent Cash Sweep 0.0% 0 0 0 0 0 0

ENDING CASH BALANCE #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

MAXIMUM REVOLVER COMMITMENT $30,000 MINIMUM CASH BALANCE REQUIRED $0 $0 $0 $0 $0 $0

CASH SWEEP (Y/N) N N N N N N

372465144.xls 11/27/2017 13:05:12 PRELIMINARY AND CONFIDENTIAL 7

[Company] [Case Name]

BALANCE SHEET
Pro Forma Historical FYE Pro Forma Projected FYE
Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13
ASSETS
Cash & Cash Equivalents $0 $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Accounts Receivable 0 0 0 0 0 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Inventory 0 0 0 0 0 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Notes Receivable 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Tax Asset 0 0 0 0 0 0 0 0 0 0 0 0
Other 0 0 0 0 0 0 0 0 0 0 0 0
TOTAL CURRENT ASSETS $0 $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Net Plant, Property & Equipment 0 0 0 0 0 0 0 0 0 0 0 0

Other Assets 0 0 0 0 0 0 0 0 0 0 0 0
Long Term Receivables These three are 0 0 0 0 0 0 0 0 0 0 0 0
Intangibles default intangibles. 0 0 0 0 0 0 0 0 0 0 0 0
If not, check
Transaction Fee 0 0 0 0 0 0 0 0 0 0 0 0
ratios.
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0

TOTAL ASSETS $0 $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

LIABILITIES&
SHAREHOLDERS' EQUITY
Accounts Payable 0 0 0 0 0 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Accrued Expenses 0 0 0 0 0 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Other Current Liabilities 0 0 0 0 0 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Income Taxes Payable 0 0 0 0 0 0 0 0 0 0 0 0
Capital Leases- Current Portion 0 0 0 0 0 0 0 0 0 0 0 0
TOTAL CURRENT LIABILITIES $0 $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Working Capital Revolver $0 $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Senior Term Loan A 0 0 0 0 0 0 0 0 0 0 0 0
Senior Term Loan B 0 0 0 0 0 0 0 0 0 0 0 0
Existing Debt 0 0 0 0 0 0 0 0 0 0 0 0
Senior Subordinated Note1 (KPP) 0 0 0 0 0 0 0 0 0 0 0 0
Senior Subordinated Note 2 0 0 0 0 0 0 0 0 0 0 0 0
Other Debt 1 0 0 0 0 0 0 0 0 0 0 0 0
Other Long Term Debt 0 0 0 0 0 0 0 0 0 0 0 0
TOTAL LONG TERM DEBT $0 $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Other LT Liabilities 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Taxes & Other LT Liabs 0 0 0 0 0 0 0 0 0 0 0 0
TOTAL LIABILITIES $0 $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Preferred Stock1 (KPP) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Preferred Stock2 0 0 0 0 0 0 0 0 0 0 0 0
Common Equity 0 0 0 0 0 0 0 0 0 0 0 0
Other 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings 0 0 0 0 0 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
TOTAL SHAREHOLDERS' EQUITY $0 $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

TOTAL LIAB & SHAREHLDRS' EQUITY $0 $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Check 0 0 0 0 0 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

372465144.xls 11/27/2017 13:05:12 PRELIMINARY AND CONFIDENTIAL 8

[Company] [Case Name]

PRO FORMA BALANCE SHEET FYE Interim Mo. Ended Transaction Adjustments PRO FORMA
Dec-07 Changes Dec-07 Debit Credit Dec-07 Notes
ASSETS
Cash & Cash Equivalents $0 $0 $0 $0 $0 $0
Accounts Receivable 0 0 0 0 0 0
Inventory 0 0 0 0 0 0
Notes Receivable 0 0 0 0 0 0
Deferred Tax Asset 0 0 0 0 0 0
Other 0 0 0 0 0 0
TOTAL CURRENT ASSETS $0 $0 $0 $0 $0 $0

Net Plant, Property & Equipment 0 0 0 0 0 $0

0
Other Assets 0 0 0 0 0 0
Long Term Receivables 0 0 0 0 0 0
Intangibles 0 0 0 0 0 0 Make sure only
Transaction Fee 0 0 0 0 0 0 amortizeable fees are
Goodwill 0 0 0 0 0 0 included.

TOTAL ASSETS $0 $0 $0 $0 $0 $0

LIABILITIES &
SHAREHOLDERS' EQUITY

Accounts Payable 0 0 0 0 0 0
Accrued Expenses 0 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0 0
Capital Leases- Current Portion 0 0 0 0 0 0
TOTAL CURRENT LIABILITIES $0 $0 $0 $0 $0 $0

Working Capital Revolver 0 0 0 0 0 0

Senior Term Loan A 0 0 0 0 0 0
Senior Term Loan B 0 0 0 0 0 0
Existing Debt 0 0 0 0 0 0
Senior Subordinated Note1 (KPP) 0 0 0 0 0 0
Senior Subordinated Note 2 0 0 0 0 0 0
Other Debt 1 0 0 0 0 0 0
Other Long Term Debt 0 0 0 0 0 0
TOTAL LONG TERM DEBT $0 $0 $0 $0 $0 $0

Other LT Liabilities 0 0 0 0 0 0
Deferred Taxes & Other LT Liabs 0 0 0 0 0 0

TOTAL LIABILITIES $0 $0 $0 $0 $0 $0

Preferred Stock1 (KPP) 0 0 0 0 0 0

Preferred Stock2 0 0 0 0 0 0
Common Equity 0 0 0 0 0 0
Other 0 0 0 0 0 0
Retained Earnings 0 0 0 0 0 0
TOTAL SHAREHOLDER'S EQUITY $0 $0 $0 $0 $0 $0

TOTAL LIAB. & SHAREHOLDRS' EQUITY $0 $0 $0 $0 $0 $0

Check 0 0 0

372465144.xls 11/27/2017 13:05:12 PRELIMINARY AND CONFIDENTIAL 9

Valuation: Amount 5yr IRR
Err:504
EBITDA $0
Purchase Multiple 5.5x

Enterprise Value $0

Total Debt Multiple 3.75x

Sources Amount Mult Uses Amount

Senior Debt $0 2.8x Purchase Price $0

Sub Debt $0 .95x Transaction Exp 0
Equity $0 #DIV/0!
Total $0 #DIV/0! Total $0

Senior Debt Composition Amount Advance Rate Borrowing Base

Inventory 0 57% $0
Accounts Receivable 0 76% $0
Total 0 #DIV/0! $0

Minimum Availability $2,000

Opening Day Revolver $0

Term Debt $0
Total Senior Debt $0
Mult

#DIV/0!
#DIV/0!

#DIV/0!
[Company] [Case Name]

DEBT SCHEDULE

DEBT SUMMARY Projected FYE

Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13

Working Capital Revolver #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Senior Term Loan A 0 0 0 0 0 0
Senior Term Loan B 0 0 0 0 0 0
Existing Debt 0 0 0 0 0 0
Senior Subordinated Note1 (KPP) 0 0 0 0 0 0
Senior Subordinated Note 2 0 0 0 0 0 0
Other Debt 1 0 0 0 0 0 0

Total Debt #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

AMORTIZATION SUMMARY Projected FYE

Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13

Working Capital Revolver $0 $0 $0 $0 $0 $0

Senior Term Loan A 0 0 0 0 0 0
Senior Term Loan B 0 0 0 0 0 0
Existing Debt 0 0 0 0 0 0
Senior Subordinated Note1 (KPP) 0 0 0 0 0 0
Senior Subordinated Note 2 0 0 0 0 0 0
Other Debt 1 0 0 0 0 0 0

Total Amortization $0 $0 $0 $0 $0 $0

INTEREST SUMMARY
12 Mo. Projected FYE
Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13
Cash Interest Expense
Working Capital Revolver #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Senior Term Loan A 0 0 0 0 0 0
Senior Term Loan B 0 0 0 0 0 0
Existing Debt 0 0 0 0 0 0
Senior Subordinated Note1 (KPP) 0 0 0 0 0 0
Senior Subordinated Note 2 0 0 0 0 0 0
Other Debt 1 0 0 0 0 0 0

Total Cash Interest Expense #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

PIK Interest Expense

Working Capital Revolver - - - - - -
Senior Term Loan A - - - - - -
Senior Term Loan B 0 0 0 0 0 0
Existing Debt - - - - - -
Senior Subordinated Note1 (KPP) 0 0 0 0 0 0
Senior Subordinated Note 2 0 0 0 0 0 0
Other Debt 1 0 0 0 0 0 0

Total PIK Interest Expense $0 $0 $0 $0 $0 $0

Total Interest Expense #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

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[Company] [Case Name]

DEBT SCHEDULE
12 Mo. Projected FYE
Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13

Working Capital Revolver

BOY Balance $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Scheduled Amortization/Reduction 0 0 0 0 0 0
Drawdown / (Paydown) #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
EOY Balance #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Average O/S #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Interest Expense #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

# of Months 12 12 12 12 12 12
Interest Rate 7.72% 7.72% 7.72% 7.72% 7.72% 7.72%

Maximum Commitment $30,000 $30,000 $30,000 $30,000 $30,000 $30,000

Fee on Unused Commitment 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00%
Senior Term Loan A Beginning Balance $0 $0 $0 $0 $0 $0
Principal Issuance / (Payments) 0 0 0 0 0 0
Excess Cash Applied 0 0 0 0 0 0
Ending Balance 0 $0 $0 $0 $0 $0 $0

# Months O/S 12 12 12 12 12 12
Cash Interest Rate 7.72% 7.72% 7.72% 7.72% 7.72% 7.72%

Cash Interest Expense $0 $0 $0 $0 $0 $0

Senior Term Loan B Beginning Balance $0 $0 $0 $0 $0 $0

Principal Issuance / (Payments) 0 0 0 0 0 0
PIK Interest 0 0 0 0 0 0
Excess Cash Flow Applied 0 0 0 0 0 0
Ending Balance $0 $0 $0 $0 $0 $0 $0

# Months O/S 12 12 12 12 12 12
Cash Interest Rate 7.72% 7.72% 7.72% 7.72% 7.72% 7.72%
PIK Interest Rate 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

PIK Interest Expense $0 $0 $0 $0 $0 $0

Cash Interest Expense 0 0 0 0 0 0

Existing Debt Beginning Balance $0 $0 $0 $0 $0 $0

Principal Issuance / (Payments) 0 0 0 0 0 0
Ending Balance $0 $0 $0 $0 $0 $0 $0

# Months O/S 12 12 12 12 12 12
Cash Interest Rate 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Cash Interest Expense 0 0 0 0 0 0

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[Company] [Case Name]

DEBT SCHEDULE 12 Mo. Projected FYE

Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13

Senior Subordinated Note1 (KPP) Beginning Balance $0 $0 $0 $0 $0 $0

Principal Issuance / (Payments) 0 0 0 0 0 0
PIK Interest 0 0 0 0 0 0
Excess Cash Applied 0 0 0 0 0 0
Ending Balance $0 $0 $0 $0 $0 $0 $0

# Months O/S 12 12 12 12 12 12
Cash Interest Rate 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
PIK Interest Rate 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

PIK Interest Expense $0 $0 $0 $0 $0 $0

Cash Interest Expense 0 0 0 0 0 0

Senior Subordinated Note 2 Beginning Balance $0 $0 $0 $0 $0 $0

Principal Issuance / (Payments) 0 0 0 0 0 0
PIK Interest 0 0 0 0 0 0
Ending Balance $0 $0 $0 $0 $0 $0 $0

# Months O/S 12 12 12 12 12 12
Cash Interest Rate 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
PIK Interest Rate 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

PIK Interest Expense $0 $0 $0 $0 $0 $0

Cash Interest Expense 0 0 0 0 0 0

Other Debt 1 Beginning Balance $0 $0 $0 $0 $0 $0

Principal Issuance / (Payments) 0 0 0 0 0 0
PIK Interest 0 0 0 0 0 0
Ending Balance $0 $0 $0 $0 $0 $0 $0

# Months O/S 12 12 12 12 12 12
Cash Interest Rate 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
PIK Interest Rate 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

PIK Interest Expense $0 $0 $0 $0 $0 $0

Cash Interest Expense 0 0 0 0 0 0

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[Company] [Case Name]

PREFERRED STOCK 12 Mo.

Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13

Preferred Stock1 (KPP) Beginning Balance $0 $0 $0 $0 $0 $0

Issuance / (Redemptions) 0 0 0 0 0 0
PIK Dividend 0 0 0 0 0 0
Ending Balance $0 $0 $0 $0 $0 $0 $0

# Months O/S 12 12 12 12 12 12
Cash Div. Rate 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
PIK Div Rate 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

PIK Dividend $0 $0 $0 $0 $0 $0
Cash Dividend 0 0 0 0 0 0

Preferred Stock2 Beginning Balance $0 $0 $0 $0 $0 $0

Issuance / (Redemptions) 0 0 0 0 0 0
PIK Dividend 0 0 0 0 0 0
Ending Balance $0 $0 $0 $0 $0 $0 $0

# Months O/S 12 12 12 12 12 12
Cash Div. Rate 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
PIK Div Rate 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

PIK Dividend $0 $0 $0 $0 $0 $0
Cash Dividend 0 0 0 0 0 0

372465144.xls 11/27/2017 13:05:13 PRELIMINARY AND CONFIDENTIAL 15

[Company] [Case Name]

BORROWING BASE

Advance Pro Forma Projected FYE

Asset Based Borrowing Base Rate Ineligible Factor Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13

Accounts Receivable 80.0% 5.0% 76.0% $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Inventories 60.0% 5.0% 57.0% 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Cash Pledged as Collateral 100.0% 0.0% 100.0% 0 0 0 0 0 0 0
Letters of Credit 40.0% 0.0% 40.0% 0.0% 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Implied Maximum Borrowing Base % of Inv. $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Working Capital Revolver Balance Under L/C's 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Revolver Borrowing Cushion (Deficit) $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Net PPE 50.0% $0 $0 $0 $0 $0 $0 $0

Letters of Credit Outstanding 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Senior Term Loan A 0 0 0 0 0 0 0

Exposure (Over) / Under Asset Base $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Reducing Borrowing Base: Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13

Beginning Borrowing Base $30,000 $30,000 $30,000 $30,000 $30,000 $30,000

Mandatory Reduction 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Ending Borrowing Base $30,000 $30,000 $30,000 $30,000 $30,000 $30,000
Working Capital Revolver Balance #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Revolver Borrowing Cushion (Deficit) #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

WORKING CAPITAL
Pro Forma
Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13

Accounts Receivable $0 $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Inventory 0 0 0 0 0 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Notes Receivable 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Tax Asset 0 0 0 0 0 0 0 0 0 0 0 0
Other 0 0 0 0 0 0 0 0 0 0 0 0
TOTAL WORKING ASSETS $0 $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Accounts Payable $0 $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Accrued Expenses 0 0 0 0 0 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Other Current Liabilities 0 0 0 0 0 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Income Taxes Payable 0 0 0 0 0 0 0 0 0 0 0 0
Capital Leases- Current Portion 0 0 0 0 0 0 0 0 0 0 0 0
TOTAL WORKING LIABILITIES $0 $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Net Working Capital $0 $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

CHANGE IN WORKING CAPITAL $0 $0 $0 $0 $0 $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

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372465144.xls 11/27/2017 13:05:13 PRELIMINARY AND CONFIDENTIAL 17
[Company] [Case Name]

RETURNS Projected FYE

12/31/08 12/31/09 12/31/10 12/31/11 12/31/12 12/31/13

EBITDA $0 $0 $0 $0 $0 $0
EBITDA Multiple 6.0x 6.0x 6.0x 6.0x 6.0x 6.0x
ENTERPRISE VALUE $0 $0 $0 $0 $0 $0

Less: Long Term Debt #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Less: Preferred Stock 0 0 0 0 0 0
Plus: Cash and Excess Cash #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
NET EQUITY VALUE #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Senior Subordinated Note1 (KPP)

Principal $0 Transaction Fees Amortize 12/31/07 12/31/08 12/31/09 12/31/10 12/31/11 12/31/12 12/31/13
Interest 0.00% % $ No Yrs. Principal $0 $0 $0 $0 $0 $0 $0
Upfront Fees (Total) 0.0% $0 Interest 0 0 0 0 0 0 0
Percentage of Firm 0.00% Equity Excercise 0 0 0 0 #VALUE! 0
Year Exercised 12/31/12 TOTAL $0 $0 $0 $0 $0 #VALUE! $0

Money Back $0 $0 $0 $0 #VALUE! #VALUE!

IRR 0.00% Money Back Multiple 0.0x 0.0x 0.0x 0.0x 0.0x 0.0x

Senior Subordinated Note 2

Principal $0 Transaction Fees 12/31/07 12/31/08 12/31/09 12/31/10 12/31/11 12/31/12 12/31/13
Interest 0.00% % $ Principal $0 $0 $0 $0 $0 $0 $0
Upfront Fees (Total) 0.0% $0 Interest 0 0 0 0 0 0 0
Percentage of Firm 0.00% Equity Excercise 0 0 0 0 #VALUE! 0
Year Exercised 12/31/12 TOTAL $0 $0 $0 $0 $0 #VALUE! $0

Money Back $0 $0 $0 $0 #VALUE! #VALUE!

IRR 0.00% Money Back Multiple 0.0x 0.0x 0.0x 0.0x 0.0x 0.0x

Preferred Stock1 (KPP)

Principal $0 Transaction Fees 12/31/07 12/31/08 12/31/09 12/31/10 12/31/11 12/31/12 12/31/13
Interest 0.00% % $ Principal $0 $0 $0 $0 $0 $0 $0
Upfront Fees (Total) 0.0% $0 Interest 0 0 0 0 0 0 0
Percentage of Firm 0.00% Equity Excercise 0 0 0 0 #VALUE! 0
Year Exercised 12/31/12 TOTAL $0 $0 $0 $0 $0 #VALUE! $0
Warrant Strike Price
Money Back $0 $0 $0 $0 #VALUE! #VALUE!
IRR 0.00% Money Back Multiple 0.0x 0.0x 0.0x 0.0x 0.0x 0.0x

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[Company] [Case Name]

RETURNS

Preferred Stock2
Principal $0 Transaction Fees 12/31/07 12/31/08 12/31/09 12/31/10 12/31/11 12/31/12 12/31/13
Interest 0.00% % $ Principal $0 $0 $0 $0 $0 $0 $0
Upfront Fees (Total) 0.0% $0 Interest 0 0 0 0 0 0 0
Percentage of Firm 0.00% Equity Excercise 0 0 0 0 #VALUE! 0
Year Exercised 12/31/12 TOTAL $0 $0 $0 $0 $0 #VALUE! $0
Warrant Strike Price
Money Back $0 $0 $0 $0 #VALUE! #VALUE!
IRR 0.00% Money Back Multiple 0.0x 0.0x 0.0x 0.0x 0.0x 0.0x

Common Stock (KPP)

Investment $0 12/31/07 12/31/08 12/31/09 12/31/10 12/31/11 12/31/12 12/31/13
Dividend Rate 0.00% Dividends $0 $0 $0 $0 $0 $0 $0
Percentage of Firm 0.00% Equity Exercise 0 0 0 0 #VALUE! 0
Year Exercised 12/31/12 TOTAL $0 $0 $0 $0 $0 #VALUE! $0

Money Back $0 $0 $0 $0 #VALUE! #VALUE!

IRR 0.00% Money Back Multiple 0.0x 0.0x 0.0x 0.0x 0.0x 0.0x

Investor Common Stock

Investment $0 12/31/07 12/31/08 12/31/09 12/31/10 12/31/11 12/31/12 12/31/13
Dividend Rate 0.00% Dividends $0 $0 $0 $0 $0 $0 $0
Percentage of Firm 0.00% Equity Exercise 0 0 0 0 #VALUE! 0
Year Exercised 12/31/12 TOTAL $0 $0 $0 $0 $0 #VALUE! $0

Money Back $0 $0 $0 $0 #VALUE! #VALUE!

IRR 0.00% Money Back Multiple 0.0x 0.0x 0.0x 0.0x 0.0x 0.0x

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372465144.xls 11/27/2017 13:05:14 PRELIMINARY AND CONFIDENTIAL 20
[Company]
Blended Investment Returns Analysis [Case Name]

($ in Thousands, except per share)

Pre-Trans E. Projected Year Ended,
Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13
Sales $0 $0 $0 $0 $0 $0 $0
Sales Growth #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
EBITDA $0 $0 $0 $0 $0 $0 $0
EBITDA Margin #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
LTM Exit Multiple 6.0 x 6.0 x 6.0 x 6.0 x 6.0 x 6.0 x 6.0 x
Exit Enterprise Value $0 $0 $0 $0 $0 $0 $0
Less: Total Debt 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Less: Preferred Stock 0 0 0 0 0 0 0
Plus: Cash (excludes $ from exercise of warrants) Strike Percent 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Less: Mgmt Option Pool 0 10.0% #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Exit Year Total Company Equity Value $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Total Equity Value Summary

KPP Equity Value from Warrants #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
KPP Equity Value from Common Shares #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Total KPP Equity Value at Exit #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Exit Year Ended,

Total Cash Flow Summary Invest. Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13
Annual Interest and Amortization Cash Flow $0 $0 $0 $0 $0 $0
Other Cash Flows:
Fee $0
Principal (3) 0 0 0 0 0 0 0
Equity 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Total Other Cash Flows $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

IRR Err:504 Err:504 Err:504 Err:504 Err:504

Money Back #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Money Back #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Investment Summary: 5-Yr.

Amount % Equity IRR

KPP Subdebt $0 0.0% 0.0%

KPP Preferred 0 0.0% Err:504
KPP Equity 0 0.0% Err:504
Total $0 0.0% Err:504

372465144.xls 11/27/2017 13:05:14

[Company]
Subordinated Debt Investment Returns Analysis [Case Name]

($ in Thousands, except per share)

Projected Year Ended,
Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13
Equity Value Summary
KPP Equity Value from Warrants #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
KPP Equity Value from Common Shares - - - - - -
Total KPP Equity Value at Exit #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Exit Year Ended,

Cash Flow Summary Invest. Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13
Annual Interest and Amortization Cash Flow $0 $0 $0 $0 $0 $0
Other Cash Flows:
Fee 0.0% $0
Principal (3) 0 0 0 0 0 0 0
Equity 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Total Other Cash Flows $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

IRR 0.0% 0.0% 0.0% 0.0% 0.0%

Money Back #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Money Back #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Tables Last Run 5/9/2001 17:03

IRR Analysis - Year 3 Exit: IRR Analysis - Year 5 Exit:

EBITDA Exit Multiple EBITDA Exit Multiple

0.0% 0.0% 4.0x 5.0x 6.0x 7.0x 0 0.0% 4.0x 5.0x 6.0x 7.0x
10.0% 0.0% 0.0% 0.0% 0.0% 10.0% 0.0% 0.0% 0.0% 0.0%
% 9.0% 0.0% 0.0% 0.0% 0.0% 9.0% 0.0% 0.0% 0.0% 0.0%
% Warrants
Warrants 8.0% 0.0% 0.0% 0.0% 0.0% 8.0% 0.0% 0.0% 0.0% 0.0%
7.0% 0.0% 0.0% 0.0% 0.0% 7.0% 0.0% 0.0% 0.0% 0.0%
6.0% 0.0% 0.0% 0.0% 0.0% 6.0% 0.0% 0.0% 0.0% 0.0%

Money Back Multiple Analysis - Year 3 Exit: Money Back Multiple Analysis - Year 5 Exit:

EBITDA Exit Multiple EBITDA Exit Multiple

#VALUE! #VALUE! 4.0x 5.0x 6.0x 7.0x #VALUE! #VALUE! 4.0x 5.0x 6.0x 7.0x
10.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0! 10.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0!
% 9.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0! 9.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0!
% Warrants
Warrants 8.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0! 8.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0!
7.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0! 7.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0!
6.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0! 6.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Money Back Analysis - Year 3 Exit: Money Back Analysis - Year 5 Exit:

EBITDA Exit Multiple EBITDA Exit Multiple

#VALUE! #VALUE! 4.0x 5.0x 6.0x 7.0x #VALUE! #VALUE! 4.0x 5.0x 6.0x 7.0x
10.0% $0 $0 $0 $0 10.0% $0 $0 $0 $0
% 9.0% $0 $0 $0 $0 9.0% $0 $0 $0 $0
% Warrants
Warrants 8.0% $0 $0 $0 $0 8.0% $0 $0 $0 $0
7.0% $0 $0 $0 $0 7.0% $0 $0 $0 $0
6.0% $0 $0 $0 $0 6.0% $0 $0 $0 $0

Investment Summary: Total KPP % Equity

Amount of Issue Ownership Fee

KPP SubDebt $0 100.0% 0.0% 0.0%

372465144.xls 11/27/2017 13:05:14

[Company]
Preferred Stock Investment Returns Analysis [Case Name]

($ in Thousands, except per share)

Projected Year Ended,
Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13
Equity Value Summary
KPP Equity Value from Warrants #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
KPP Equity Value from Common Shares - - - - - -
Total KPP Equity Value at Exit #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Exit Year Ended,

Cash Flow Summary Invest. Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13
Annual Interest and Amortization Cash Flow $0 $0 $0 $0 $0 $0
Other Cash Flows:
Fee 0.0% $0
Principal 0 0 0 0 0 0 0
Equity 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Total Other Cash Flows $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

IRR Err:504 Err:504 Err:504 Err:504 Err:504

Money Back #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Money Back #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Tables Last Run 5/9/2001 17:03

IRR Analysis - Year 3 Exit: IRR Analysis - Year 5 Exit:

EBITDA Exit Multiple EBITDA Exit Multiple

Err:504 Err:504 4.0x 5.0x 6.0x 7.0x Err:504 Err:504 4.0x 5.0x 6.0x 7.0x
10.0% #NUM! #NUM! #NUM! #NUM! 10.0% #NUM! #NUM! #NUM! #NUM!
% 9.0% #NUM! #NUM! #NUM! #NUM! 9.0% #NUM! #NUM! #NUM! #NUM!
% Warrants
Warrants 8.0% #NUM! #NUM! #NUM! #NUM! 8.0% #NUM! #NUM! #NUM! #NUM!
7.0% #NUM! #NUM! #NUM! #NUM! 7.0% #NUM! #NUM! #NUM! #NUM!
6.0% #NUM! #NUM! #NUM! #NUM! 6.0% #NUM! #NUM! #NUM! #NUM!

Money Back Multiple Analysis - Year 3 Exit: Money Back Multiple Analysis - Year 5 Exit:

EBITDA Exit Multiple EBITDA Exit Multiple

#VALUE! #VALUE! 4.0x 5.0x 6.0x 7.0x #VALUE! #VALUE! 4.0x 5.0x 6.0x 7.0x
10.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0! 10.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0!
% 9.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0! 9.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0!
% Warrants
Warrants 8.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0! 8.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0!
7.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0! 7.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0!
6.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0! 6.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Money Back Analysis - Year 3 Exit: Money Back Analysis - Year 5 Exit:

EBITDA Exit Multiple EBITDA Exit Multiple

#VALUE! #VALUE! 4.0x 5.0x 6.0x 7.0x #VALUE! #VALUE! 4.0x 5.0x 6.0x 7.0x
10.0% $0 $0 $0 $0 10.0% $0 $0 $0 $0
% 9.0% $0 $0 $0 $0 9.0% $0 $0 $0 $0
% Warrants
Warrants 8.0% $0 $0 $0 $0 8.0% $0 $0 $0 $0
7.0% $0 $0 $0 $0 7.0% $0 $0 $0 $0
6.0% $0 $0 $0 $0 6.0% $0 $0 $0 $0

Investment Summary: Total KPP % Equity

Amount of Issue Ownership Fee

KPP Preferred Stock $0 100.0% 0.0% 0.0%

372465144.xls 11/27/2017 13:05:14

[Company]
Common Stock Returns Analysis [Case Name]

($ in Thousands, except per share)

Pre-Trans E. Projected Year Ended,
Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13
Equity Value Summary
KPP Equity Value from Warrants - - - - - -
KPP Equity Value from Common Shares #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Total KPP Equity Value at Exit #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Exit Year Ended,

Cash Flow Summary Invest. Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13
Annual Interest and Amortization Cash Flow $0 $0 $0 $0 $0 $0
Other Cash Flows:
Fee 0.0% $0
Principal (3) 0 0 0 0 0 0 0
Equity 0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Total Other Cash Flows $0 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

IRR Err:504 Err:504 Err:504 Err:504 Err:504

Money Back #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Money Back #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Tables Last Run 5/9/2001 17:03

IRR Analysis - Year 3 Exit: IRR Analysis - Year 5 Exit:

EBITDA Exit Multiple EBITDA Exit Multiple

Err:504 Err:504 4.0x 5.0x 6.0x 7.0x Err:504 Err:504 4.0x 5.0x 6.0x 7.0x
100.0% #NUM! #NUM! #NUM! #NUM! 100.0% #NUM! #NUM! #NUM! #NUM!
99.0% #NUM! #NUM! #NUM! #NUM! 99.0% #NUM! #NUM! #NUM! #NUM!
% Common 98.0% #NUM! #NUM! #NUM! #NUM! % Common 98.0% #NUM! #NUM! #NUM! #NUM!
97.0% #NUM! #NUM! #NUM! #NUM! 97.0% #NUM! #NUM! #NUM! #NUM!
96.0% #NUM! #NUM! #NUM! #NUM! 96.0% #NUM! #NUM! #NUM! #NUM!

Money Back Multiple Analysis - Year 3 Exit: Money Back Multiple Analysis - Year 5 Exit:

EBITDA Exit Multiple EBITDA Exit Multiple

#VALUE! #VALUE! 4.0x 5.0x 6.0x 7.0x #VALUE! #VALUE! 4.0x 5.0x 6.0x 7.0x
100.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0! 100.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0!
99.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0! 99.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0!
% Common 98.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0! % Common 98.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0!
97.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0! 97.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0!
96.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0! 96.0% #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Money Back Analysis - Year 3 Exit: Money Back Analysis - Year 5 Exit:

EBITDA Exit Multiple EBITDA Exit Multiple

#VALUE! #VALUE! 4.0x 5.0x 6.0x 7.0x #VALUE! #VALUE! 4.0x 5.0x 6.0x 7.0x
100.0% $0 $0 $0 $0 100.0% $0 $0 $0 $0
99.0% $0 $0 $0 $0 99.0% $0 $0 $0 $0
% Common 98.0% $0 $0 $0 $0 % Common 98.0% $0 $0 $0 $0
97.0% $0 $0 $0 $0 97.0% $0 $0 $0 $0
96.0% $0 $0 $0 $0 96.0% $0 $0 $0 $0

Investment Summary: Total KPP % Equity

Amount of Issue Ownership Fee

KPP Equity $0 100.0% 0.0% 0.0%

372465144.xls 11/27/2017 13:05:14

NOTES:

QUESTIONS:
Key Principal Partners, LLC PRELIMINARY AND CONFIDENTIAL 26