Preview
PLAINTIFF's DAMAGE MODEL
NIRP Vascular Centers (OBL's)
Values are based on the financials prepared by Reimer, McGuinness & Associates, CPA, dated May 2015
ASSUMPTION - EACH OBL REALIZES 10% OF EBITDA
Financial Projections/OBL/Year
(EM 1960 & Pasadena) [by RMA, CPA's] THE 10% MODEL
REVENUES 35.289,180
‘OPERATING EXPE $1,191,650
MANAGEMENT FEES $430,346
EBITDA $2,058,200
CONTRACT # 1 [Chk Attorney Spiers LLC and LP Filings]
15% Equity Distribution (based on EBITDA)
Assume Each OBL Realized 10% of EBITDA
IRP-CENTER ‘Year in Operation FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2024 TOTAL 725% Share
[unr Pasadens Established 2015 Taos $05 ToS RD $a0E TSR $05 20 $205 0 F052 $a5 20 $05 Sian eee Sarat
ine Swarland Established 2016 $65,758 $205,820 $205,820 $205,820 $205 820, $705,820 $205 820 $205,820 $205 820, si732319 $435,080
JNinP Beaumont Established 2017 $102,910 $205,820 $208,820 $205,820 $208,820 $705,820 $205,820, $205,820 $205.20, 31749470 $637,388
sir Katy Established 2017 $102,910 $05,758 $205 820, $205,820 $205 820, $205,820 $205 820 $205,820 $205,829, 81.829, @ $407,352
jsinp Corpus Chis Established 2017 s1oz9%0 $205,820, $205,820 $205,820, $205,820 $205,820, $205,820 $205.20, $1,543,650 S353
jsinP Vistoria Established 2017 s102.910 $206,820, $206,820 $206,820 $206,620 $208,820, $205,620 $205,820 51.543.850 295,018
Jwixp Houston South Established 2018 $206,820 $206,820 $206,820, $205,820 $206,820 $205,820 $208,820, $1,440,740, $360,185
Nine Brownsville Established 2018 $206,820, $206,820 $208,820, $205,620 $208,820, 205,620 $205 820, $1,440,740 $960,105
Nine Woodland Established 2018 $206,820, $205,820 $208 #20 $205,820 $208,820, $205,620 $205 820, 1.440.740, $360,185,
NiRe Waco Established 2019 $205,820 $208,820, $205,620 $208,820, $205,820 $208,820, 1234920 $908,730,
NiRP College Station Established 2019 $205,820 $206,620 $205,620 $205 820, $205,620 $205 820, 1234820 5908 730
ine ainbureh Established 2019 $205,820 $205 820, $705,820 $205 820 $205,820 $205 820, $1,234,920 $308,730
JNinP Dallas Established 2019 $205,820 $208,820 $705,620 $205,820, $205,820 $205 820, 1234920 $308,730
jsinp Laredo Established 2019 $205,820 $205,820, $205,820 $205 820, $205,820 $205.20, $1,234,920, $308,730,
TOTAL, $34,303 $497,398 $009,038 $1,882: s2.01.480 $2.88 0 2.891.480 $2,881,480 $2,981,480 $2,881,480 $20,582,003 5.145.501
CONTRACT #2 [Chk Business Plan and Oper: rating Agreemen}
5% Share of Management Fees @ 8% of the Revenues
Assume Each OBL Realized 10% of Revenues
IRP-CENTER Year in Operation FY 2076 FY 2017 FY 2078 FY 2019 FY 2020 FY 2024 FY 2022 FY 2073 Fy 2024 FY 2024 TOTAL 25% Share
[er Possdens Estapisned 2015 TRE Tae Has Baas Baa Baa aaa Baa waa seas] Sear ars So5aee
Jwinp Sugarland Established 2016 17631 $42,318 $2313 $42,318 $2313 $423313 $2313 $4238 #23 $356,138 $89,035
jwinp Beaumost Established 2017 st 187 342313 $12313 $42,313 542313 542313 $2313 $42,313 $423) $359,664 Se9.916
Nine Katy Establisned 2017 sa 187 Sirs 12.313 $423813 512.313 $423813 si2.313 $423813 seaarg $334,981 $83,745
jsinp Corpus Chis Established 2017 21187 2313 $2313 52313 42313 sizai3 42313 sia: $317,351 $79,338
Jsixe Vistoria Established 2017 321.187 512313 342313 s12.313 42319 12.313 $2313 s2.as9 317.381 $79,338
Nine Houston South Established 2018 $12313 342313 $2313 $423319 $2313 $2313 si2as9 $296,194 $74,049
iRP Brownsville Established 2018 $42,313 3423513 542313 $423513 $42313 $423513 se2.3:9 $296,194 $74,049
jsinp Woodland Establisned 2018 $42313 $423313 $12.313 $42,313 $2313 $423313 sears $296,194 $74,049
jsinP Waco Establisned 2019 $42,313 542.313 $42,313 512.313 $423818 sans $253,881 $63,470
jsikr College Station Establisned 2019 $423818 542313 8423313 542313 $423318 seas $253,881 $63,470
JNinp inburgh Establisned 2019 $42,318 542313 $42,313 $2313 $42,318 $423) $259,881 $63,470
fsinP Dallas Establisned 2019 $42,313 $42.313 $42,313 s12.313 $42,313 42.3 $253,881 $63,470
jsinp Laredo [Established 2019 $423313 542.313 8423318 $12313 $42.33 so: $253,881 $63,470
I TOTAL, 37.082 102257 318884 $380,871, $502,388, $592,388 $592,388, $592,388 $592,388 $592,388 $4.231,546 $1,057,836
EXHIBIT F
PLAINTIFF's DAMAGE MODEL
NIRP Vascular Centers (OBL's)
Values are based on the financials prepared by Reimer, McGuinness & Associates, CPA, dated May 2015
ASSUMPTION - EACH OBL REALIZES 35% OF EBITDA
Financial Projections/OBL/Year
(EM 1960 & Pasadena) [by RMA, CPA's] THE 5% MODEL
REVENUES 35.289,180
‘OPERATING EXPE SES $1,191,650
MANAGEMENT FEE: $430,346
EBITDA $2,058,200
CONTRACT # 1 [Chk Attorney Spiers LLC and LP Filings]
5% Equi Distribution (based on EBITDA)
Assume Each OBL Realized only 35% of EBITDA
IRP-CENTER Year in Operation FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2024 TOTAL 25% Share
[in Pasadene Established 2015 Bio 082 a0 Tra aTO ease Tras a0 370 Ta STO a0 Baa sTO a0 370 TeR0R eS Ties e
ine Swgarland Established 2016 $300,154 $729,370 $720,370 $729,370 $720:370 $729,370 $720:370 $729,370 3720370 $6,063,115 $1,515,779
JNinP Beaumont Established 2017 $960,185, $729,370 $720,370 3720,370 3720370 $729,370 $720,370 $729,370 3720370 $6,123,148 $1,590,786
sir Katy Established 2017 $360,185, $300,754 $720,370 $729,370 $720370 $729,370 $720:370 $729,370 3720370 $5.702/930, $1,428,732
jsinp Corpus Chis Established 2017 $360,185 s720370 $720,370 $720370 $729,370 720.370 $729,370 $720370 15,402,778 $1,350,594
jwinp Vistoria Established 2017 $260,188 $720,370 $720,370 $720:370 $720,370 720.370 729,370 $720:370 $5402.76, $1,350,604
wire Houston South Established 2018 $720,370 $729,370 3720370 $729,370 720.370 $729,370 3720370 $5,002:591 $1,260,608,
Nine Brownsville Established 2018 $720,370, $720,370 $720:370 $729,370 $720.70 $720,370 $720.70 $5,042,591 $1,200,648
wine Woodland Established 2018 $720,370 $729,370 $720:370, $729,370 $720:370 $729,370 3720370 $5,042,581 $1,200,548
wine Waco Established 2019 $720,370 $720,370, $729,370 $720:370 $729,370 $720:370 seszaz21 $1,080,555
wine College Station Established 2019 $729,370 $720:370 $729,370 $720:370 $729,370 $720:370 seseaz21 $1,080,555
inP ainbureh Established 2019 $729,370 $720:370 $729,370 3720370 $729,370 $720370 seszaz21 $1,080,555
JNinP Dallas Established 2019 3720,370 3720370 $729,370 $720:370 $720,370 3720370 sesz2221 1,080,555
sip Laredo Established 2019 $720,370 $720370, $720,370 $720,370, $720,370 $720,370, $4.322.221 $1,080,555
TOTAL $120,062 $1,740,304 $3,191,635, $6,483,331 $10,005,164 $10,085,181 $10,085,181 $10,085,184 $10,085,184 $10,085,181 $7037.11 $18,000,253
CONTRACT #2 [Chk Business Plan and Oper: rating Agreemen}
5% Share of Management Fees @ 8 of the Revenues
Assume Each OBL Realized only 35% of Revenues
IRP-CENTER Year in Operation FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2073 Fy 2024 FY 2024 TOTAL 25% Share
[ar Passdens Estanlisned 2015 San eee ¥ aaa 35007 Teer 315007 aa eT a5 007 eer a5 007 Tao] Bi aaT oe $535,385
Jwinp Swgarland Established 2016 ‘$61,707, $148,097 48.097 $148,097 $48,097 $148,097 $148,097 $148,097 14a 097| $1,246,483 $911,621
wip Beaumont Established 2017 $74049 $148,097 $148,097 $148,097 $148,097 $148,097 $148,097 $148,097 $142 097| $1258,825 $314,708
wine Katy Established 2017 $74049 361707 se? $148,097 $148,097 $148,097 $148,097 $148,097 $142 097| $1.172435 $293,109
jsinP Corpus Chis Established 2017 srao49 $14e.0a7 $148,097 $ua.a7 $148,097 $148,097 $148,007 $14a,007| $1,110,728 $277/882
fwixe Vistoria Established 2017 s74049 $1e.097 $148,097 $48,097 $148,097 $140,097 $148,097 14e,007| $1,110,728 $277,882
ine Houston South Established 2018 48.097 $148,097 $148,097 $148,097 $148,097 $148,097 $148,097| $1,038,673 $25,170
nr Brownsville Established 2018 $148,097 $148,097 $148,097 $148,097 $148,097 $148,097 $148 027| $1,036,679 $259,170
}sinp Woodland Established 2018 $148.097 $148,097 $148,097 $148,097 $148,097, $148,097 $142 097| $1,036,679 $259,170
jsikP Waco Established 2019 $148,097 $143,097 $148,097 $148,097 $148,097 $142 007| $888,582 $222,148
sir College Station Established 2019 $148,097 $48,097, $148,097 $148,097 $148,097 148,097] $888,582 $222,146
JNinp ainburgh Established 2019 $148,097 $48,097 $148,097 $149,097 $148,097 $142,027] $889,582 $222,146
wine Dallas Established 2019 $148,097 $148,097 $148,097 $148,097 $148,097 $142 097| $889,582 $222,146
jsinp Laredo [Established 2019 $148,097 $148,097 $148,097 $148,097 $148,097 $144,097] $888,582 $222.106,
I TOTAL, 374,685, $357 901 3654005, 31332873 $2,073,359 $2,073,359 $2,073,359 32,073,359 $2,073,358 $2,073,359 314,809,704 $3,702,426
PLAINTIFF's DAMAGE MODEL
NIRP Vascular Centers (OBL's)
Values are based on the financials prepared by Reimer, McGuinness & Associates, CPA, dated May 2015
ASSUMPTION - EACH OBL REALIZES 65% OF EBITDA
Financial Projections/OBL/Year
(EM 1960 & Pasadena) [by RMA, CPA's] THE 5% MODEL
REVENUES 35.289,180
‘OPERATING EXPE SES $1,191,650
MANAGEMENT FEE: $430,346
EBITDA $2,058,200
CONTRACT # 1 [Chk Attorney Spiers LLC and LP Filings]
5%Equi Distribution (based on EBITDA)
AssumeEach OBL Realized only 65% of EBITDA
IRP-CENTER Year in Operation FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2024 TOTAL 25% Share
[in Pasadene Established 2015 Baa aT Bisa 88 Tae rsa a8 Faas isa a8 Tar FisaT a8 Tsao FSB a8 Tawa Sa0e aT
ine Swgarland Established 2016 $557 429, $1,387,830 $1,387,830 $1,337,830 $,387.830 $1,397,830 $1397.830 $1,397,630, $11387.890 $11260071 $2815,018
JNinP Beaumont Established 2017 $6658 915. $1,397,880 $1,387,830 $1,357,830 $1,387 830 $1,397,850 $1337.830 $1,397,830, $1,387.890 311373887 2.842.888
sir Katy Established 2017 $658,915, 7428 $1,387,830 $1,337,830 $1,387 830 $1,387,850 $1397.830 st 7/830, $11387.830 $10599,158 s2.a7.769
jsinp Corpus Chis Established 2017 $868,915 $1,387,830 1.337.830 $1,397,830 1.397.830 $1,397.830 $1,337,830, $11387.830 10033728 $2,508 432
jwinp Vistoria Established 2017 $868,915 $1,387,890 1.397.890 $1,387,890 1.397.890 $1,397,830 1.397.890 31,387,830 $10033,728 $2,508,432
wire Houston South Established 2018 $1,397,890 1.397.890 $1,397,890 1.337.890 $1,397.830 1.297.690 $1,397.890 0.304.811 s2341.203
Nine Brownsville Established 2018 $1,397,890 $1,997,890 $1,387,830 $1.397.830 $1,337,830 $1,997,850 $1397.830 $9,364,811 $2941.203
wine Woodland Established 2018 $1,397,830 $1.397,830 $1,397,830 $1,397,830 $1,397.830 $1,397,650, $1,397.890 $9,364,811 $2361.203
wine Waco Established 2019 $1,397,830 $1,387,830 $1,387,830 $1,387,830 $1,397,650 $1,397,890 $8,028,981 $2,008,745
wine College Station Established 2019 $1,397,830 $1,387,890 $1,337,630 $1,397.890 $1,397,630, $1,397,890 $8,026,981 008,745,
inP ainbureh Established 2019 $1,337,830 $1,387 830 $1,337,830 $1.397.830 $1,397,850, $1387.890 $8,026,981, $2,008,745
JNinP Dallas Established 2019 $1,337,830 $1,387 830 $1,337,850 $1337.830 $1,397,830, $1,387,890 $8,026,981 $2,006,745
sip Laredo Established 2019 $1,337,830, $3,337,830 $1,337,830 $3,337,830 $1,337,830, $11387.830 $8,026,981 $2,008,745
TOTAL s2u2972 $3,233,000 $5,908,750, $12,040. $18,720,623 $18,729,623 514,729,623 su 29,62 $18,720,623 say 1623, $133,783,020 $33,045,755
CONTRACT #2 [Chk Business Plan and Oper: rating Agreemen}
5% Share of Management Fees @ 8 of the Revenues
Assume Each OBL Realized only 65% of Revenues
IRP-CENTER Year in Operation FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2073 Fy 2024 FY 2024 TOTAL 25% Share
[ar Passdens Estanlisned 2015 FSB Tsp B50 TSO TOS 07 TS DeT TSO TSO T7507 SDT] BESITATE Tea zoe
Jwinp Swgarland Established 2016 $1149 $275,037 $215,037 $275,037 $215,037 $275,037 $215,037 $275,037 $215 037| $2,214,898 $578,724
wip Beaumont Established 2017 $137 519 $275,037 $275.037 $275,037 $275,037 $275 037 $275.037 $275,037 $275 037| $2,397,818 fea 54
wine Katy Established 2017 S157 519 $14,599 $275,037 $275,037 $275037 $275,037 $275.037 $275,037 $275037| $2,177,379 345
jsinP Corpus Chis Established 2017 s197519 $278.037 8275037 $275.037 827507 $275.037 $275,037 $275,037| $2,062,780 $515,895
fwixe Vistoria Established 2017 $197,519 3275037 8275037 3275037 8275037 3275037 $275,037 3275037| $2,062,780 $515,695
ine Houston South Established 2018 3275037 8275037 3275037 8275037 8275037 $275,037 $275 037| $1,925,262 $481,315
nr Brownsville Established 2018 $275.097 8275037 $275,097 8275037 $275,097 $275,037 $275,037| $1,925,262 4813315
}sinp Woodland Established 2018 $215037 $275,037 $215037 $275,037 $215.037 $275,037 $275,037] $1,925,262 $481,315,
jsikP Waco Established 2019 $275,037 $215,037 8275037 $215,037 $275,037 $275037| $1,650,224 $412;555
jsikP College Station Established 2019 $275,037 $215,037 $275,037 $215,037 $275,037 $275,037] $1,050,226 $412,555
JNinp ainburgh Established 2019 $275,037 $215,037 $275,037 $215,037 $275,037 $215 037| $1,650,224 $412,556
sip Dallas Established 2019 $275,037 $275.037 $275,037 $275.037 $275,037 $275037| $1,650,224 $412,558
wip Laredo [Established 2019 $275,037 $275,037 $275,037 $275,037 $275,037 $275,037] $1,850,224 $412,556
I TOTAL, S580 seears Satara 32475336 $3,850,523 $3,850,523 $5,850,523 $5,850,523 $3,850,523 $5,850,523 $27,503,736, $6,975,994
PLAINTIFF's DAMAGE MODEL
NIRP Vascular Centers (OBL's)
Values are based on the financials prepared by Reimer, McGuinness & Associates, CPA, dated May 2015
ASSUMPTION - EACH OBL REALIZES 100% OF EBITDA
Financial Projections/OBL/Year
(EM 1960 & Pasadena) [by RMA, CPA's] THE 100% MODEL
REVENUES 35.289,180
‘OPERATING EXPE SES $1,191,650
MANAGEMENT FEE: $430,346
EBITDA $2,058,200
CONTRACT # 1 [Chk Attorney Spiers LLC and LP Filings]
5% Equi Distribution (based on EBITDA)
Assume Each OBL Realized 100% of EBITDA.
IRP-CENTER Year in Operation FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2024 TOTAL 725% Share
[in Pasadene Established 2015 Toa FeasIz00 Sa0sH 200 Faas. zo Soom 200 Fe o8H.700 Tape 00 Fe asH.z0 32058 200 Fe asI.z0 Fra wea Re 376700
ine Swgarland Established 2016 $857 583, $2,056,200, $2,058,200 $2,058,200, $2,058 200 $2,058,200 $2,058,200 $2,058,200, $2,058,200 $17,323,188 $4,330,796
JNinP Beaumont Established 2017 $1,929,100 $2,058,200 $2,058,200 $2,058,200 $2,058,200 $2,058,200 $2,058,200 $2,058,200 $2,058,200 $17,494,703 $4373.8576
sir Katy Established 2017 $1,029,100 $057,583 $2,088,200 $2,058,200, $2,088,200 $2,058,200 $2,088,200 $2,058,200, $2,088,200 $16,234,088 $4.073.521
jsinp Corpus Chis Established 2017 st.022,100 $2,058,200 $2,058,200 $2,058,200 $2,058,200 $2,058,200 $2,058,200, $2,058,200 $15,436,502 3,850,128,
jwinp Vistoria Established 2017 st.079,100 $2,058,200 $2,058,200 $2,058,200 2.058.200 $2,058,200 $2,058,200 $2,058,200 $515 436,502 $3,850,126,
wire Houston South Established 2018 $2,058,200 $2,058 200 $2,058,200 $2,058,200 $2,058,200 $2,056 200 $2,058,200 $14,407,402 $3,601,851
Nine Brownsville Established 2018 $2,058,200 $2,058,200 $2,058,200 $2,058,200 $2,058,200 $2,056,200 $2,058,200 $14,407,402 $3,001,851
wine Woodland Established 2018 $2,058,200 $2,058,200, $2,058,200 $2,058,200 $2,058,200 $2058,200, $2,058,200 s1e407.492 $3,601,851
wine Waco Established 2019 $2,058,200 $2,088,200 $2,058,200 $2,058,200 52,058,200, $2,058,200 $12348,202 $3,087,300
wine College Station Established 2019 $2,058,200 $2,058,200 $2,058,200 $2,058,200 $2,058,200, $2,058,200 $12;348,202 $9,087,300
inP ainbureh Established 2019 $2,058,200 $2,058 200 $2,058,200, $2,058,200 $2,058,200, $2,058,200 $12,349,202 $3,087 300
JNinP Dallas Established 2019 $2,058,200 $2,058,200 $2,058,200 $2,058,200 $2,058,200 $2,058,200 $12,348,202 $9,087 300
sip Laredo Established 2019 $2,058,200, $2,058,200 $2,058,200, $2,958,200 $2,058,200, $2,058,200 $12:349,202 $3,087 300
TOTAL $343,033 $4.973.984 $0,000,385, $14,523,203 $20,014,004 $24,814,804 $28 4.004 sa 14.806 $23,814,904 $24,814,204 $205,220,030 $51,455,000
CONTRACT #2 [Chk Business Plan and Oper: rating Agreemen}
5% Share of Management Fees @ 8 of the Revenues
Assume Each OBL Realized 100% of Revenues
IRP-CENTER Year in Operation FY 2016 FY 2017 Fy 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2073 Fy 2024 FY 2024 TOTAL 725% Share
[ar Passdens Estanlisned 2015 Trane Taman Fase Tao Baas sae Faas San Fase Ta] Beare Tae ou ses
Jwinp Swgarland Established 2016 $176 308 $423,134 $423,134 $423,134 $423,134 $423,136 $423,134 $423,134 423,134] $3,561,381 $890,345
wip Beaumont Established 2017 $211 587 $423,134 $423.134 $423,134 $423.134 $423,136 $423,134 $423,134 $423,134] $3,596,642 $209,161
wine Katy Established 2017 $211 887 $176,206 473.134 $423,134 $428.134 $423,134 $428.134 $423,134 $425 134] sa.a4g.e14 $837 454
jsinP Corpus Chis Established 2017 $211,567 473.134 $423,136 $423,134 8423.13 $423,134 $423,134 423.134 $8,173,508 $793,377
fwixe Vistoria Established 2017 8211587 423.134 $423,196 423.194 $423,136 425.138 $423,194 425.134 $3,173,508 $793,377
ine Houston South Established 2018 473.134 $423,194 $423,134 $423,136 $423,134, $423,134 425,134] $2,961,941 $740,485,
nr Brownsville Established 2018 $425.194 $423,134 $425,194 $423,136 $425,194 $423,134 $425,194] $2,981,941 $740,485
}sinp Woodland Established 2018 $425.134 $423,134 $473.194 $423,136 $475,134 $423,134 $425,134] $2,951,981 $740,485
jsikP Waco Established 2019 $423,134 $473,194 $423,136 $423,134 $423,134 $473,134] $2,538,805 $634,702
jsikP College Station Established 2019 $423,134 $423,194 $423,134 $423,134 $423,134 $423,134] $2,538,808 $634,702,
JNinp ainburgh Established 2019 $423,134 $423,134 $423,136 $423,134 $423,134 $423,134] $2,598,806 $634,702
sip Dallas Established 2019 $423,134 $423.134 $623,134 $423.134, $423,134 $423,134] $2,538,808 $634,702,
wip Laredo [Established 2019 $423,134 $423.134 843,134 $423.134 $423,134 $423.14] $2,538,806 $634,702
I TOTAL, $70.52 31,022,575 $168,544 $5,808,210 $5923.82 35,923,882 $5923,882 35,923,882 $5923,882 35,923,082 $42,313,440. $10,578,360
PLAINTIFF's DAMAGE MODEL
SUMMARY
NIRP Vascular Centers (OBL's)
Values are based on the financials prepared by Reimer, McGuinness & Associates, CPA, dated May 2015
SUMMARY OF ALL FOUR MODELS
Financial Projections/OBL/Year
(FM 1960 & Pasadena) [by RMA, CPA's]
REVENUES 35,289,180
(OPERATING EXPENSES 31,791,650
‘MANAGEMENT FE $430,346
EBITDA $2,058,200
CONTRACT #1
25% Equity Distribution (based on EBITDA)
NIRP-CENTER. {Year in Operation ‘Assume 10% of Projections ‘Assume 35% of Projections ‘Assume 65% of Projections ‘Assume 100% of Projections
Ebitda 25% Share Ebitda 25% Share Ebitda 25% Share Ebitda 25% Share
[xine Pasaden Esiabishod 2076 31886, ur 36,603,305] Si S508 $12,265 403] $5,085,081 318,866,536] STO TOG
NR ‘Sugarland Eslablishes 2076 $1.732.319 ‘$435,080 $6,063,115 $1,515,779 $17,260,071 $2,616.018 17,323.186| $4.390-706,
[win Beaumont Establishes 2017 1.749.470 $437 368 56,123,146 $1,590,760, $11.371,557| $2,642,088 17,8968.703] S4.I73.575,
[win Katy stablishee 2017 11629,409 $407 352 5,702,930 S1.425.752 $10-591,155] $2,687,788 16,24, 086| $4,073,521
[wine Corpus Ch Establishee 2017 1,543,650] $385,913) 55 402.776 $1,350,698 $10,033,726] $2,500,452 15,436,502] $3,859,525,
SIRF Vistoria Establishes 2017 1,543,650] $985 915. 5,402,776 $1,350,598 $10,033,726] $2,500,452 15,436,502] $5,859,125,
NRF Houston South Eslablishea 208 1 440,740 $360.15, 5,047,581 $1,260,548, $9,964,811 $2,341,203 14,407 402] $3,601,851
[xine Browneale Establishes 2018 1,440,740 $360185 5,042,581 $1,260,545 39.364 511 $2,341,203 14,607 402| $3,601,851
pine ‘Woodland Establishes 2018 1,440,740 $360.15, 5,042,591 $1,260,548 39,364 511 $2,881,208 14,407 402| $3,601,851
[xine Waco Establishes 2019 1.234.920 $308,730, 4,322,224 $1,080,555 $8,026,981 $2,008,745 12,349,202 $3,087,300,
NRF Call Sion Establishes 2019 1.234.920 $308,730, 4,322,221 $1,080,555 $8,026 981 $2,006,745, 12, 349.702| $3,087,300,
[sinr- ainburgh Establishes 2079 1.734.920 $308.730 4,322,271 $1,080,555 $8,076,381 $2,006,745 72,349,702 $3,087,300
[sinr- Dallas Established 2019 '$1.234,920 $308,730, $4,322,221 $1,080,555 $8,026,381 $2,008,745 '$12,349,202| $3,087,300,
[Sin Laredo Eslablished 2019 $1.734,920 $508 730 $4,322 221 $1,080,555 $5,026,381 $2,008,745 $72,349.202| $3,087,500,
TOTAL $20,562,003] $5,145.501 s720s7.011 $19,000,253 133,783,020 $35,445,755 206,820,030 $51,455,008
CONTRACT #2
25% Share of Management Fees @ 8% of the Revenues
NIRP-CENTER Year in Operation ‘Assume 10% of Projections ‘Assume 35% of Projections | ‘Assume 65% of Projections ‘Assume 100% of Projections
Ebitda 25% Share Ebitda 25% Share Ebitda 25% Share Ebitda 25% Share
[xine Pasadena [Established 2076 $387,873] $96,968 31,357,558 $309,389, $2521.17 $650,208 $3,878 73D $969,685
[sine Sugarland Eslablished 2076 $356,138] 389,035 $1,246,483] $311,621 $2,314,598] $578,726 $3,561,381 $880,345
[yin Beaumont Esiablishod 2017 $359,664] 389,916 $1,258,825] $314,706 $2,397,578] $584,456 $3,596,642 $809,167
[xr Katy [Esiablished 2017 $234,387 383,745 $1,172,435] $283,103) $2,177,379] $584,345 $3,349,814 $897 454
NRE Corpus Cos [Established 2017 $317,351 379,338 $1,110,728] $277 882. $2,062,780] $515,695 $3,173,508 $783,377
SRP Vist [Established 2017 $317,351 579.338, $1,110,728] $277 682. $2,062,780] $575,695 $3,173,508] ‘$783,377
Nar Houston South [Established 2078 $296,194] 574.049 $1,036,679 $258,170. $1,925,262] $451,315 $2,964,941 $740,485,
NRP Brownsville [Established 2018 205,134] $74,029 $7,036,670] 259,170 51,925,262] $451,315 52,961 944 740,485
NRF Woodland [Established 2018 206,134] $74,049 $7,036,679] 259,170 $1,925,262] $451,315 2,961 944 740,485
INIRP = Waco [Established 2019 253,881 $53,470 888.582] 222,146 $1,550,224] $412,558 52,538,806 (534,702
INIRF ~ College Station [Established 2019 253,881 $63.470. 585.582] 222,146 $1,550,226] $412,556 2,538,806 534,702
INIRP = Psinburgh [Established 2079 253,881 $63,470 585.587] 202.146 $1,650,224 $412,556 52,538,808 594,702
INiRP Dall Establishes 2079 253,881 363,470. $888,560 202,146. $1,650,224 $412,556 52,538,808 594,702
[NIP Laredo Established 2019 $253,881 353,470. $888,582 $222,146, $1,650,224 SH12 555. $2,538,806) $634,702
TOTAL $4,231,344 sios7.a36| | $14,809,704 $3,702,426 $27,503,736 3007536] | $42,313,440. $10,578,360