Document:

Exhibit

Exhibit 10.6
Evidence of Award
2017 Long-term Incentive Plan 
Performance-Based Restricted Stock Units

Throughout this Evidence of Award, we sometimes refer to Sprint Corporation (the “Company”) and its subsidiaries as “we” or “us.”  

1.  Award of Restricted Stock Units
Effective on May 24, 2017 (the “Date of Grant”), the Compensation Committee of the Board of Directors of the Company granted you an Award of  [number] Restricted Stock Units (the “RSUs”) under the terms of the Sprint Corporation 2015 Amended and Restated Omnibus Incentive Plan (the “Plan”). Subject to the terms and conditions of the Plan and this Evidence of Award, an RSU represents the right for you to receive from us one share of Common Stock.

2.  Performance Adjustment
Except as otherwise provided herein, your Vested RSUs are subject to the Company’s achievement against financial objectives, as established by the Compensation Committee of the Board of Directors of the Company, during the performance period of April 1, 2017 - March 31, 2020. As soon as reasonably practicable following the performance period, subject to the discretion of the Compensation Committee your Vested RSUs will be adjusted by multiplying that number of your Vested RSUs by a payout percentage (0% up through 200%) based on achievement of the objectives (the “Performance Adjustment”).  The “Adjustment Date” means the date that the RSUs are adjusted in the plan records by our agent providing Plan recordkeeping services based on the Compensation Committee’s approval of this performance adjustment.

3.  Restriction Period
Subject to the terms and conditions of this Award, your RSUs will vest on the earlier of (a) May 24, 2020 and (b) the date vesting is accelerated as described in paragraph 4 below, conditioned on you continuously serving as our employee to such date (the “Vesting Date”). 

4.  Acceleration of Vesting
Unvested RSUs may vest before the time at which they would normally become vested - that is, the vesting of RSUs may accelerate. Your RSUs will vest, fully (or pro rata as indicated below), on your Separation from Service under the following circumstances:   
	
		
	Event
	Condition for Vesting Acceleration

	Death
	Your death.

	Disability
	You have a termination of employment that constitutes a Separation from Service under circumstances that make you eligible for benefits under the Sprint Long-Term Disability Plan.

	Change in Control Involuntary Termination
	You have a termination of employment that constitutes a Separation from Service during the CIC Severance Protection Period under circumstances that you receive severance benefits under the Sprint Separation Plan (or its successor), the CIC Severance Plan, or your employment agreement (if applicable).

	Non-Change in Control
	You have a termination of employment that constitutes a Separation from Service other than during the CIC Severance Protection Period
 

2016 LTIP P-RSU Evidence of Award
	
		
	Involuntary Termination*
	under circumstances that you receive severance benefits under the Sprint Separation Plan (or its successor) or your employment agreement (if applicable).*

	Normal
Retirement*
	You have any other termination of employment without Cause that constitutes a Separation from Service on or after the later of your 65th birthday and the second anniversary of the Date of Grant.*

*The number of your RSUs that vests is your RSUs times the factor based on your period of employment from the Date of Grant, inclusive, through your Separation from Service in relation to the period of the Date of Grant, inclusive, through May 24, 2020, with the remainder of your RSUs forfeited as of your Separation from Service.

In the case of Death, Disability, or Change in Control Involuntary Termination, the RSUs vest and are delivered without Performance Adjustment as soon as practicable thereafter, subject to Section 7.  In the case of Non-Change in Control Involuntary Termination or Normal Retirement, the RSUs vest and delivery is deferred until as soon as practicable after the Performance Adjustment, subject to Section 7.

Separation from Service is defined in the Plan. Generally, it means the last day of your relationship with us as an employee as reflected on our payroll records.  

CIC Severance Plan means the Sprint Change in Control Severance Plan, as it may be amended from time to time, or any successor plan.  

CIC Severance Protection Period is defined in the Plan.  Generally, it means the time period commencing on the date of the first occurrence of a “Change in Control” and continuing until the earlier of (i) the 18-month anniversary of such date or (ii) the Participant’s death.  For purposes of the RSUs under this Award, the CIC Severance Protection Period applies only with respect to a Change in Control occurring after the Date of Grant.

5.  Forfeiture of RSUs
You will forfeit as of your Separation from Service RSUs that are not vested pursuant to the foregoing paragraphs. In addition, you will forfeit undelivered RSUs if (a) you breach a restrictive covenant in your employment agreement during the Restricted Period as defined in your employment agreement, or (b) if you do not have an employment agreement, you breach your obligation to refrain from Detrimental Activity as described in Exhibit A.

6.   Dividends
If cash dividends are paid on the Common Stock underlying your RSUs (as adjusted under paragraph 2 if applicable and determined retrospectively), which you hold on the dividend record date (the “Dividend RSUs”), you will receive a cash payment equal to the amount of the dividend that would be paid on such Common Stock, subject to the vesting provisions (including any applicable proration) with respect to, and delivery at the same time as the shares underlying, your RSUs.

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2016 LTIP P-RSU Evidence of Award

If non-cash dividends are paid on the Common Stock underlying your Dividend RSUs, the Board of Directors of the Company, or a sub-committee thereof, in its sole discretion, may (1) adjust your RSUs as described in paragraph 10 of this Evidence of Award, or (2) provide for distribution of the property distributed in the non-cash dividend.  The additional RSUs or property distributed is subject to vesting provisions (including any applicable proration)  with respect to, and delivery at the same time as the shares underlying, the original RSUs.

7.   Delivery Date; Market Value Per Share
The Delivery Date (the date as of which we distribute to you the Common Stock underlying your RSUs, as adjusted if applicable) is the latest of the Vesting Date, the Adjustment Date if applicable, and the day after the Six-Month Payment Delay if that delay applies to your RSUs. We calculate your taxable income on the Delivery Date using the Market Value Per Share on the immediately preceding trading day, but we use the average of the high and low reported prices of our Common Stock instead of the closing price. We will distribute the Common Stock as soon as practicable after the Delivery Date, but in no event later than 45 days after the Delivery Date. Six-Month Payment Delay is defined in the Plan to mean the required delay in payment to a Participant who is a “specified employee” of amounts subject to Section 409A of the Internal Revenue Code (the “Code”) that are paid upon Separation from Service.  

8.  Transfer of your RSUs and Designation of Beneficiaries 
Your RSUs represent a contract between the Company and you, and your rights under the contract are not assignable to any other party during your lifetime nor do they give you a preferred claim to any particular assets or shares of the Company.  Upon your death, shares of Common Stock underlying your RSUs will be delivered in accordance with the terms of the Award to any beneficiaries you name in a beneficiary designation or, if you make no designation, to your estate.

9.  Plan Terms
All capitalized terms used in this Evidence of Award that are not defined in this Evidence of Award have the same meaning as those terms have in the Plan.  The terms of the Plan are hereby incorporated by this reference.  The Plan is available online at http://iconnect.corp.sprint.com/portal/iland/?dochome=iw&docpath=IntranetDirectory/LandingPage/20080605_1650_10367056#LTI.

10.  Adjustment
In the event of any change in the number or kind of outstanding shares of our Common Stock by reason of a recapitalization, merger, consolidation, spin-off, reorganization, separation, liquidation, stock split, stock dividend, combination of shares or any other change in our corporate structure or shares of our Common Stock, an appropriate adjustment will be made consistent with applicable provisions of the Code and applicable Treasury Department rulings and regulations in the number and kind of shares subject to outstanding Awards and any other adjustments as the Board deems appropriate.

11.  Amendment; Discretionary Nature of Plan

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2016 LTIP P-RSU Evidence of Award

This Evidence of Award is subject to the terms of the Plan, as may be amended from time to time, except that the Award which is the subject of this Evidence of Award may not be materially impaired by any amendment or termination of the Plan approved after the Date of Grant without your written consent. You acknowledge and agree that the Plan is discretionary in nature and may be amended, cancelled, or terminated by us, in our sole discretion, at any time.  The grant of RSUs under the Plan is a one-time benefit and does not create any contractual or other right to receive a grant of RSUs, other types of grants under the Plan, or benefits in lieu of such grants in the future.  Future grants, if any, will be at the sole discretion of the Company, including, but not limited to, the timing of any grant, the number of RSUs granted, the payment of dividend equivalents, and vesting provisions.

12.  Data Privacy
By accepting this Award, you (i) authorize us, and any agent of ours administering the Plan or providing Plan recordkeeping services, to disclose to us such information and data as we request in order to facilitate the grant of the RSUs and the administration of the Plan; (ii) waive any data privacy rights you may have with respect to such information; and (iii) authorize us to store and transmit such information in electronic form.

13.  Governing Law and Exclusive Forum
This Evidence of Award will be governed by the laws of the State of Delaware and any dispute in connection therewith may only be brought in the state or federal courts in Delaware.  No shares of Common Stock will be delivered to you upon the vesting of the RSUs unless our counsel is satisfied that such delivery will be in compliance with all applicable laws.

14.  Severability
The various provisions of this Evidence of Award are severable, and any determination of invalidity or unenforceability of any one provision shall have no effect on the remaining provisions.

15.  Taxes
You are liable for any and all taxes, including withholding taxes, arising out of this grant or the issuance of the Common Stock on vesting of RSUs.  We are authorized to deduct the amount of the tax withholding from the amount payable to you upon settlement of the RSUs.  We will withhold from the total number of shares of Common Stock you are to receive a number of shares the value of which is sufficient to satisfy any such withholding obligation at the minimum applicable withholding rate.  In addition, if you become subject to FICA (Social Security or Medicare tax), but you are not yet entitled to delivery of the shares of Common Stock underlying the RSUs, you hereby authorize us to withhold the resulting FICA tax from other income payable to you.
16.  Clawback
We may recover any compensation related to this Long-Term Incentive Plan award to the extent the Board of Directors of the Company determines that the value of that compensation is based on financial results or operating objectives impacted by your knowing or intentional fraudulent or illegal conduct and that such forfeiture or recovery 

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2016 LTIP P-RSU Evidence of Award

is appropriate, or as may be required under the Dodd-Frank Wall Street Reform and Consumer Protection Act. 

17.  Entire Understanding
You hereby acknowledge that you have read the Sprint Corporation 2015 Amended and Restated Omnibus Incentive Plan Information Statement dated November, 2016 (the “Information Statement”) available on line at <link>. To the extent not inconsistent with the provisions of this Evidence of Award, the terms of the Information Statement and the Plan are hereby incorporated by reference. This Evidence of Award, along with the Information Statement and the Plan, contain the entire understanding of the parties. 

This document constitutes part of a prospectus covering securities that have been registered under the Securities Act of 1933

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2016 LTIP P-RSU Evidence of Award

Exhibit A - Obligation to Refrain from Detrimental Activities

If you have an employment agreement with us, the restrictive covenants in that agreement are incorporated by reference in this Evidence of Award, and your obligations to refrain from Detrimental Activities will be governed by your employment agreement rather than the obligations described in this Exhibit A.

If you do not have an employment agreement, in consideration of receiving the Award, you, the Participant, agree to the following obligations:

1. Noncompetition

(a) During the period of your employment with us, and for a period ending twelve (12) months following a termination of your employment with us for any reason, you shall not, without the prior written consent of the Senior Vice President, Human Resources of the Company (or his or her designee) directly or indirectly, engage in activities for or on behalf of a Competitor that are the same or similar in form or function to the services you provided in the last year of your employment to the Company or have an interest in any Competitor of the Company Group, whether as an owner, investor, executive, manager, employee, independent consultant, contractor, advisor, or otherwise.  Your ownership of less than one percent (1%) of any class of stock in a publicly traded corporation shall not be a breach of this paragraph.  “Company Group” means the Company, any of its subsidiaries or any affiliates of the Company or its subsidiaries.

This paragraph (a) shall not prohibit you from engaging in the practice of law as an in-house counsel, sole practitioner or as a partner in (or as an employee of or counsel to) a corporation or law firm in accordance with applicable legal and professional standards. However, this exception does not apply to you if you are providing services to any person, partnership, firm, corporation, institution or other entity that is a Competitor, if such engagement or services being provided are not primarily the practice of law.

(b)  A “Competitor” is any entity doing business directly or indirectly (e.g., as an owner, investor, provider of capital or otherwise) in the United States including any territory of the United States (the “Territory”) that provides wireless products and/or services that are the same or similar to the wireless products and/or services that are currently being provided at the time of your termination or that were provided by the Company Group during the two-year period prior to your separation from service with the Company Group.

(c) You acknowledge and agree that due to the continually evolving nature of the Company Group’s industry, the scope of its business and/or the identities of Competitors may change over time.  You further acknowledge and agree that the Company Group markets its products and services on a nationwide basis, encompassing the Territory and that the restrictions imposed by this covenant, including the geographic scope, are reasonably necessary to protect the Company Group’s legitimate interests.

(d) You covenant and agree that should a court at any time determine that any restriction or limitation in this Section 1 is unreasonable or unenforceable, it will be deemed 

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2016 LTIP P-RSU Evidence of Award

amended so as to provide the maximum protection to the Company Group and be deemed reasonable and enforceable by the court.

2. Non-Solicitation 

(a) During the period of your employment with us, and for a period ending twelve (12) months following a termination of your employment with us for any reason, you shall not, without the prior written consent of the Senior Vice President, Human Resources of the Corporation (or his or her designee) directly or indirectly, individually or on behalf of any other person or entity do or suffer any of the following:

(1) hire or employ or assist in hiring or employing any person who was at any time during the last 18 months of the Executive’s employment an employee, representative or agent of any member of the Company Group or solicit, aid, induce or attempt to solicit, aid, induce or persuade, directly or indirectly, any person who is an employee, representative, or agent of any member of the Company Group to leave his or her employment with any member of the Company Group to accept employment with any other person or entity;

(2) induce any person who is an employee, officer or agent of the Company Group, or any of its affiliated, related or subsidiary entities to terminate such relationship;

(3) solicit any customer of the Company Group, or any person or entity whose business the Company Group had solicited during the 180-day period prior to termination of the Executive’s employment for purposes of business which is competitive to the Company Group within the Territory; or

(4) solicit, aid, induce, persuade or attempt to solicit, aid, induce or persuade any person or entity to take any action that would result in a Change in Control of the Company or to seek to control the Board in a material manner.

(5) For purposes of this Section 12, the term “solicit or persuade” includes, but is not limited to, (i) initiating communications with an employee of the Company Group relating to possible employment, (ii) offering bonuses or additional compensation to encourage an employee of the Company Group to terminate his employment, (iii) referring employees of the Company Group to personnel or agents employed by competitors, suppliers or customers of the Company Group, and (iv) initiating communications with any person or entity relating to a possible Change in Control

3. Agreement to Refrain from Detrimental Activities. 

You shall indicate your agreement to the noncompetition and non-solicitation obligations in this Exhibit A in accordance with the instructions provided in the on-line grant acceptance process on the UBS One Source website (https://onesource.ubs.com/CEFSWebApp/callpage.do?bookCode=S&page=login_header_new), and your acceptance of the Award shall include your acceptance of these 

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2016 LTIP P-RSU Evidence of Award

obligations. You and the Corporation hereby expressly agree that the use of electronic media to indicate confirmation, consent, signature, acceptance, agreement and delivery shall be legally valid and have the same legal force and effect as if you and executed the agreement in paper form.

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 Exhibit 10.1 

VOTING AGREEMENT AND IRREVOCABLE PROXY 

This Voting Agreement and Irrevocable Proxy, dated as of June 6, 2017 (this “Agreement”), is made by and among Glacier
Bancorp, Inc. (“GBCI”), Glacier Bank, a wholly owned subsidiary of GBCI (“Glacier Bank”), Columbine Capital Corp. (“CCC”), Collegiate Peaks Bank, a wholly owned subsidiary of CCC (the
“Bank”), John W. Perkins, Jr., a proxy (“Perkins”), and the undersigned, each of whom is a director of CCC and the Bank and/or a shareholder of CCC (each, a “Shareholder”). This Agreement will be
effective upon the signing of the Merger Agreement (as defined below). 
 RECITALS 

As an inducement for GBCI, Glacier Bank, CCC, and the Bank to enter into the Plan and Agreement of Merger, dated June 6, 2017 (the
“Merger Agreement”), under which, among other things, CCC will merge with and into GBCI (the “Merger”), and the Bank will merge with and into Glacier Bank, each Shareholder, for such Shareholder and his, her, or its
heirs and legal representatives, hereby agrees as follows: 
 AGREEMENT 

 

	1.	Voting and Proxy. 

  

	 	a.	Voting. Each Shareholder will vote or cause to be voted all shares of CCC’s common stock that such Shareholder beneficially owns (the “Shares”), with power to vote or direct the
voting of, in favor of approval of the Merger Agreement and the Merger. In addition, each Shareholder who is also a director of CCC (“Director”) will (a) recommend to the shareholders of CCC that they approve the Merger
Agreement, and (b) refrain from any actions or omissions inconsistent with the foregoing, except as otherwise required by law, including without limitation the Director’s fiduciary duties to CCC and its shareholders. 

 

	 	b.	Appointment of Proxy. To better effect the provisions set forth in Section 1.a. above, each Shareholder hereby revokes any previously executed proxies and hereby constitutes and appoints Perkins, with full
power of substitution, such Shareholder’s true and lawful proxy and attorney-in-fact (the “Proxy Holder”) to vote at any meeting of the
shareholders of CCC (the “Meeting”) all of the Shares in favor of the approval of the Merger Agreement and the transactions contemplated therein, including the Merger, with such modifications to the Merger Agreement as the parties
thereto may make; but this proxy will not apply with respect to any vote on the Merger Agreement if the Merger Agreement is modified so as to reduce the amount of consideration or the form of consideration to be received by the Shareholders or the
tax consequences of the receipt thereof under the Merger Agreement in its present form. This irrevocable proxy shall automatically terminate upon termination of this Agreement. 

  
 - 1 - 

	2.	Beneficial Ownership. On the date hereof, each Shareholder represents and warrants, severally but not jointly, that the Shares set forth on such Shareholder’s signature page (the “Owned
Shares”) (a) are owned of record or beneficially by the Shareholder in the manner reflected thereon, (b) include all of the Shares owned of record or beneficially by the Shareholder, and (c) are free and clear of any proxy or
voting restriction, claims, liens, encumbrances, and security interests, except (if applicable) as set forth on the Shareholder’s signature page, which encumbrances or other items do not affect in any respect the ability of the Shareholder to
perform the Shareholder’s obligations hereunder. As of the date hereof, each Shareholder has, and at any meeting of CCC’s shareholders in connection with the Merger Agreement and the transactions contemplated thereby, each Shareholder will
have (except as otherwise permitted by this Agreement), sole voting power (to the extent such securities have voting power) and sole dispositive power with respect to all of the Shareholder’s Owned Shares, except as otherwise reflected on the
Shareholder’s signature page. 

  

	3.	Acknowledgments. Each Shareholder acknowledges that GBCI and CCC are relying on this Agreement in incurring expenses in connection with the transactions contemplated by the Merger Agreement and that the
proxy granted hereby is coupled with an interest and is irrevocable to the fullest extent permitted by applicable law. Each Shareholder and CCC acknowledges that the performance of this Agreement is intended to benefit GBCI. The vote of the Proxy
Holder will control in any conflict between such vote of the Shares and a vote by any substitute proxy holder or the Shareholder, and CCC agrees to recognize the vote of the Proxy Holder. Perkins may, in his discretion, appoint a substitute Proxy
Holder under this Agreement. The irrevocable proxy granted hereby will continue in effect until this Agreement is terminated in accordance with Section 5.h. 

  

	4.	No Transfer. Until the earlier to occur of (a) the completion of the Merger or (b) the termination of the Merger Agreement, no Shareholder will sell, transfer, permit a lien or other encumbrance
to be created with respect to, or grant any proxy in respect of (except for proxies solicited by the board of directors of CCC in connection with the CCC shareholders’ meeting at which the Merger is presented for shareholder approval) any of
the Owned Shares, unless all other parties to any such sale or other transaction enter into an agreement in form and substance satisfactory to GBCI embodying the benefits and rights contained in this Agreement. 

 

	5.	Miscellaneous. 

  

	 	a.	Individual Obligations. The obligations of each of the signatories to this Agreement are independent of one another and are not intended to be joint obligations of the undersigned. This Agreement is intended to
be enforceable by GBCI or Glacier Bank against each Shareholder individually. 

  
 - 2 - 

	 	b.	Severability. If any provision of this Agreement or the application of such provision to any person or circumstances will be held invalid or unenforceable by a court of competent jurisdiction, such provision or
application will be unenforceable only to the extent of such invalidity or unenforceability, and the remainder of the provision held invalid or unenforceable and the application of such provision to persons or circumstances, other than the party as
to which it is held invalid, and the remainder of this Agreement, will not be affected. 

  

	 	c.	Reformation. If any court determines that the obligations and restrictions set forth in this Agreement are unenforceable, then the parties request such court to reform any unenforceable provisions to the maximum
obligations or restrictions, term, and scope, as applicable, that such court finds enforceable. 

  

	 	d.	Expenses. Except as otherwise may be agreed in writing, all costs, fees and expenses incurred in connection with this Agreement and the transactions contemplated hereby shall be paid by the party incurring such
costs, fees, and expenses. 

  

	 	e.	Amendments; Waivers. Any provision of this Agreement may be amended or waived if, and only if, such amendment or waiver is in writing and signed (i) in the case of an amendment, by GBCI and the Shareholder
to be bound by such amendment, and (ii) in the case of a waiver, by the party against whom the waiver is to be effective. No failure or delay by any party in exercising any right, power, or privilege under this Agreement shall operate as a
waiver thereof, nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege. 

 

	 	f.	Governing Law. This Agreement will be deemed a contract made under, and for all purposes will be construed in accordance with, the laws of the State of Colorado. Venue of any legal action or proceeding between
the parties related to this Agreement shall be in Denver, Colorado, and the parties consent to the personal jurisdiction of the courts of the State of Colorado and the federal courts located in Colorado. The Shareholder agrees not to claim that
Denver, Colorado, is an inconvenient place for trial. 

  

	 	g.	Remedies. Any breach of this Agreement entitles GBCI to injunctive relief and/or specific performance, as well as to any other legal or equitable remedies it may be entitled to, it being agreed that money damages
alone would be an inadequate remedy for such breach. The rights and remedies of the parties to this Agreement are cumulative and not alternative. 

  
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	 	h.	Termination of Agreement. This Agreement shall be effective from the date hereof and shall terminate and be of no further force and effect upon the earlier to occur of: (i) the Effective Time (as defined in
the Merger Agreement); (ii) such date and time as termination of the Merger Agreement in accordance with its terms; or (iii) upon mutual written agreement of the parties hereto to terminate this Agreement. Upon termination of this Agreement, no
party shall have any further obligations or liabilities under this Agreement. 

  

	 	i.	Counterparts. This Agreement may be executed in one or more counterparts, including facsimile counterparts, each of which will be deemed an original, but all of which taken together will constitute one and the
same document. 

 - Signatures appear on the following pages – 

  
 - 4 - 

 This Voting Agreement and Irrevocable Proxy is dated as of the date set forth in the introductory
paragraph. 
  

							
	 GLACIER BANCORP, INC.
  

    
	 		 		 	 COLUMBINE CAPITAL CORP.
  

    

	  
 By:
    Randall M. Chesler
	 		 		 	  
 By:     John
W. Perkins, Jr.

	Its:     President and CEO	 		 		 	Its:     President
				
	 GLACIER BANK
  

    
	 		 		 	 COLLEGIATE PEAKS BANK
  

    

	By:     Randall M. Chesler	 		 		 	By:     John W. Perkins, Jr.
	Its:     President and CEO	 		 		 	 Its:     Co-CEO

 

		 		 		 	 PROXY HOLDER
  

    

		 		 		 	John W. Perkins, Jr.

 - Shareholders’ signatures appear on the following pages – 

[Company Signature Page to Voting Agreement and Irrevocable Proxy] 

 This Voting Agreement and Irrevocable Proxy is dated as of the date set forth in the introductory
paragraph. 
  

	
	 SHAREHOLDER:
  

    

	  
 [Name]

  

					
	RECORD NAME OF SHAREHOLDER	  	NATURE OF OWNERSHIP	  	NUMBER OF OWNED SHARES
	 	  	 	  	 

 [Company Signature Page to Voting Agreement and Irrevocable Proxy]

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