• Analysis of the economic and competitive environment, including the industry in which client operates, to assess current and anticipated trends.
• Research and analysis of current market sales data.
• Valuation analysis of the subject assets utilizing appropriate valuation methodology.
• Purpose & scope explanation.

The subject assets have been valued as of (date).

For purposes of this engagement, the subject assets include laboratory equipment. We assumed the subject assets identified dated (date) of the assets as of (date)

We excluded all other assets, including, intangible assets, operating leased assets, land, buildings and all other tangible assets not identified herein, or other assets not acquired by client.

Based upon my review of the assets listed on the subsequent pages, I certify that, to the best of my knowledge and the information provided to me:

1. The statements of fact contained in the report are true and correct.
2. The analyses, opinions and conclusions are my personal and unbiased analyses, opinions and conclusions.
3. The analyses, opinions and conclusions are limited only by the Statement of General Assumptions and Limiting Conditions listed in the report.
4. I have no present of prospective interest in the property that is the subjective of this report, and no personal interest in any of the parties involved with this assignment.
5. I have no bias with respect to the property that is the subject of this report.
6. The engagement of this assignment was not contingent upon developing or reporting predetermined results.
7. The compensation for completing this assignment is not contingent upon developing a pre-determined value which could be construed as favorable to the client.
8. No one provided significant professional assistance in the preparation, compiling, analysis and formatting of this report.

Premier Lab Brokers, LLC
7415 County Road W
Paradise, MO 64089