Term Sheet agreement Q10 Q1 2019

Found some info on the term sheet discussions:

CONFIDENTIAL SETTLEMENT MATERIAL SUBJECT TO FRE 408

SETTLEMENT TERM SHEET

Confidentiality Standard confidentiality provision

Inadmissibility of Settlement Negotiations All discussions, communications, and materials exchanged in the course of the party’s

negotiation pursuant to and agreed upon through this term sheet shall be protected by Federal

Rule of Evidence 408 and all equivalent state and other local rules.

Time Frame for:

1. Negotiated Agreement

2. Term Sheet

1. 120 days from date of execution.

Period can be extended or shortened by mutual agreement.

Parties have tentatively agreed to meet on the following dates to initiate the negotiation

and will in good faith schedule further meetings thereafter:

• Call: February 13

• Meeting: March 11 (China)

• Meeting: March 19 (NY)

• Meeting: May 14-16 (NY)

• Meeting: June 17-18 (NY)

Parties have agreed to reinstate biweekly calls between the parties.

Maybe our NEDs in the US will be able to contribute after all. Must be some solid negotiations for so many meetings............ or not...