•  The Company will limit the total number of Shares repurchased during any calendar quarter to 5% of the number of Shares outstanding as of the beginning of the calendar quarter
  • The Board may, at any time, amend, suspend or terminate the Company’s share repurchase plan, and such amendment, suspension or termination may be implemented immediately.
  • Depending on the holding period, shares may be repurchased at a discount of the repurchase NAV (6 months to 1 year: 90% of NAV; 1 year to 2 years: 95% of NAV)