50% CONFIDENCE LEVEL	Source	Dest	Sub Term	Year 1 Month 1	Year 1 Month 2	Year 1 Month 3	Year 1 Month 4	Year 1  Month 5	Year 1  Month 6	Year 1  Month 7	Year 1  Month 8	Year 1  Month 9	Year 1  Month 10	Year 1  Month 11	Year 1  Month 12	Year 2  Month 1	Year 2  Month 2	Year 2  Month 3	Year 2  Month 4	Year 2  Month 5	Year 2   Month 6	Year 2   Month 7	Year 2   Month 8	Year 2   Month 9	Year 2  Month 10	Year 2  Month 11	Year 2  Month 12	Year 3  Month 1	Year 3  Month 2	Year 3  Month 3	Year 3  Month 4	Year 3  Month 5	Year 3  Month 6	Year 3  Month 7	Year 3  Month 8	Year 3  Month 9	Year 3  Month 10	Year 3  Month 11	Year 3  Month 12	Year 4  Month 1	Year 4  Month 2	Year 4  Month 3	Year 4  Month 4	Year 4  Month 5	Year 4  Month 6	Year 4  Month 7	Year 4  Month 8	Year 4  Month 9	Year 4  Month 10	Year 4  Month 11	Year 4  Month 12	Year 5  Month 1	Year 5  Month 2	Year 5  Month 3	Year 5  Month 4	Year 5  Month 5	Year 5  Month 6	Year 5  Month 7	Year 5  Month 8	Year 5  Month 9	Year 5  Month 10	Year 5  Month 11	Year 5  Month 12
NEW REGISTRATIONS REVENUE WATERFALL
Sales Dollars
Term 1 Sales Dollars			Sub Term	-	-	-	-	-	-	-	-	-	10,867,500	7,245,000	4,528,125	3,622,500	3,785,513	3,955,867	4,133,876	4,319,904	4,514,299	4,582,016	4,650,747	4,720,504	4,791,312	4,863,182	4,936,127	5,010,171	5,085,326	5,161,604	5,239,029	5,317,613	5,397,380	5,424,368	5,451,488	5,478,741	5,506,140	5,533,671	5,561,334	5,589,143	5,617,085	5,645,171	5,673,403	5,701,767	5,730,276	5,758,930	5,787,729	5,816,672	5,845,761	5,874,995	5,904,373	5,933,897	5,963,565	5,993,378	6,023,348	6,053,463	6,083,735	6,114,152	6,144,726	6,175,445	6,206,321	6,237,353	6,268,543
Revenue Layer			2.1	-	-	-	-	-	-	-	-	-	431,250	287,500	179,688	143,750	150,219	156,979	164,043	171,425	179,139	181,826	184,553	187,322	190,131	192,983	195,878	198,816	201,799	204,826	207,898	211,016	214,182	215,253	216,329	217,410	218,498	219,590	220,688	221,791	222,900	224,015	225,135	226,261	227,392	228,529	229,672	230,820	231,975	233,135	234,301	235,472	236,649	237,832	239,022	240,217	241,418	242,625	243,838	245,057	246,283	247,514	248,752
Year 1 Month 1				-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1 Month 2					-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1 Month 3						-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1 Month 4							-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 5								-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 6									-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 7										-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 8											-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 9												-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 10													431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 11														287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 12															179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 1																143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 2																	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 3																		156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 4																			164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 5																				171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2   Month 6																					179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2   Month 7																						181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2   Month 8																							184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2   Month 9																								187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 10																									190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 11																										192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 12																											195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 1																												198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816	-	-	-	-	-	-	-	-	-	-
Year 3  Month 2																													201,799	201,799	201,799	201,799	201,799	201,799	201,799	201,799	201,799	201,799	201,799	201,799	201,799	201,799	201,799	201,799	201,799	201,799	201,799	201,799	201,799	201,799	201,799	201,799	201,799	201,799	-	-	-	-	-	-	-	-	-
Year 3  Month 3																														204,826	204,826	204,826	204,826	204,826	204,826	204,826	204,826	204,826	204,826	204,826	204,826	204,826	204,826	204,826	204,826	204,826	204,826	204,826	204,826	204,826	204,826	204,826	204,826	204,826	204,826	-	-	-	-	-	-	-	-
Year 3  Month 4																															207,898	207,898	207,898	207,898	207,898	207,898	207,898	207,898	207,898	207,898	207,898	207,898	207,898	207,898	207,898	207,898	207,898	207,898	207,898	207,898	207,898	207,898	207,898	207,898	207,898	207,898	-	-	-	-	-	-	-
Year 3  Month 5																																211,016	211,016	211,016	211,016	211,016	211,016	211,016	211,016	211,016	211,016	211,016	211,016	211,016	211,016	211,016	211,016	211,016	211,016	211,016	211,016	211,016	211,016	211,016	211,016	211,016	211,016	-	-	-	-	-	-
Year 3  Month 6																																	214,182	214,182	214,182	214,182	214,182	214,182	214,182	214,182	214,182	214,182	214,182	214,182	214,182	214,182	214,182	214,182	214,182	214,182	214,182	214,182	214,182	214,182	214,182	214,182	214,182	214,182	-	-	-	-	-
Year 3  Month 7																																		215,253	215,253	215,253	215,253	215,253	215,253	215,253	215,253	215,253	215,253	215,253	215,253	215,253	215,253	215,253	215,253	215,253	215,253	215,253	215,253	215,253	215,253	215,253	215,253	215,253	215,253	-	-	-	-
Year 3  Month 8																																			216,329	216,329	216,329	216,329	216,329	216,329	216,329	216,329	216,329	216,329	216,329	216,329	216,329	216,329	216,329	216,329	216,329	216,329	216,329	216,329	216,329	216,329	216,329	216,329	216,329	216,329	-	-	-
Year 3  Month 9																																				217,410	217,410	217,410	217,410	217,410	217,410	217,410	217,410	217,410	217,410	217,410	217,410	217,410	217,410	217,410	217,410	217,410	217,410	217,410	217,410	217,410	217,410	217,410	217,410	217,410	217,410	-	-
Year 3  Month 10																																					218,498	218,498	218,498	218,498	218,498	218,498	218,498	218,498	218,498	218,498	218,498	218,498	218,498	218,498	218,498	218,498	218,498	218,498	218,498	218,498	218,498	218,498	218,498	218,498	218,498	218,498	-
Year 3  Month 11																																						219,590	219,590	219,590	219,590	219,590	219,590	219,590	219,590	219,590	219,590	219,590	219,590	219,590	219,590	219,590	219,590	219,590	219,590	219,590	219,590	219,590	219,590	219,590	219,590	219,590	219,590
Year 3  Month 12																																							220,688	220,688	220,688	220,688	220,688	220,688	220,688	220,688	220,688	220,688	220,688	220,688	220,688	220,688	220,688	220,688	220,688	220,688	220,688	220,688	220,688	220,688	220,688	220,688	220,688
Year 4  Month 1																																								221,791	221,791	221,791	221,791	221,791	221,791	221,791	221,791	221,791	221,791	221,791	221,791	221,791	221,791	221,791	221,791	221,791	221,791	221,791	221,791	221,791	221,791	221,791	221,791
Year 4  Month 2																																									222,900	222,900	222,900	222,900	222,900	222,900	222,900	222,900	222,900	222,900	222,900	222,900	222,900	222,900	222,900	222,900	222,900	222,900	222,900	222,900	222,900	222,900	222,900
Year 4  Month 3																																										224,015	224,015	224,015	224,015	224,015	224,015	224,015	224,015	224,015	224,015	224,015	224,015	224,015	224,015	224,015	224,015	224,015	224,015	224,015	224,015	224,015	224,015
Year 4  Month 4																																											225,135	225,135	225,135	225,135	225,135	225,135	225,135	225,135	225,135	225,135	225,135	225,135	225,135	225,135	225,135	225,135	225,135	225,135	225,135	225,135	225,135
Year 4  Month 5																																												226,261	226,261	226,261	226,261	226,261	226,261	226,261	226,261	226,261	226,261	226,261	226,261	226,261	226,261	226,261	226,261	226,261	226,261	226,261	226,261
Year 4  Month 6																																													227,392	227,392	227,392	227,392	227,392	227,392	227,392	227,392	227,392	227,392	227,392	227,392	227,392	227,392	227,392	227,392	227,392	227,392	227,392
Year 4  Month 7																																														228,529	228,529	228,529	228,529	228,529	228,529	228,529	228,529	228,529	228,529	228,529	228,529	228,529	228,529	228,529	228,529	228,529	228,529
Year 4  Month 8																																															229,672	229,672	229,672	229,672	229,672	229,672	229,672	229,672	229,672	229,672	229,672	229,672	229,672	229,672	229,672	229,672	229,672
Year 4  Month 9																																																230,820	230,820	230,820	230,820	230,820	230,820	230,820	230,820	230,820	230,820	230,820	230,820	230,820	230,820	230,820	230,820
Year 4  Month 10																																																	231,975	231,975	231,975	231,975	231,975	231,975	231,975	231,975	231,975	231,975	231,975	231,975	231,975	231,975	231,975
Year 4  Month 11																																																		233,135	233,135	233,135	233,135	233,135	233,135	233,135	233,135	233,135	233,135	233,135	233,135	233,135	233,135
Year 4  Month 12																																																			234,301	234,301	234,301	234,301	234,301	234,301	234,301	234,301	234,301	234,301	234,301	234,301	234,301
Year 5  Month 1																																																				235,472	235,472	235,472	235,472	235,472	235,472	235,472	235,472	235,472	235,472	235,472	235,472
Year 5  Month 2																																																					236,649	236,649	236,649	236,649	236,649	236,649	236,649	236,649	236,649	236,649	236,649
Year 5  Month 3																																																						237,832	237,832	237,832	237,832	237,832	237,832	237,832	237,832	237,832	237,832
Year 5  Month 4																																																							239,022	239,022	239,022	239,022	239,022	239,022	239,022	239,022	239,022
Year 5  Month 5																																																								240,217	240,217	240,217	240,217	240,217	240,217	240,217	240,217
Year 5  Month 6																																																									241,418	241,418	241,418	241,418	241,418	241,418	241,418
Year 5  Month 7																																																										242,625	242,625	242,625	242,625	242,625	242,625
Year 5  Month 8																																																											243,838	243,838	243,838	243,838	243,838
Year 5  Month 9																																																												245,057	245,057	245,057	245,057
Year 5  Month 10																																																													246,283	246,283	246,283
Year 5  Month 11																																																														247,514	247,514
Year 5  Month 12																																																															248,752
Total Recognized				-	-	-	-	-	-	-	-	-	431,250	718,750	898,438	1,042,188	1,192,406	1,349,385	1,513,428	1,684,853	1,863,991	2,045,817	2,230,371	2,417,692	2,607,824	2,800,807	2,996,685	3,195,502	3,397,300	3,602,126	3,810,024	4,021,040	4,235,222	4,450,475	4,666,804	4,884,214	5,102,711	5,322,302	5,111,739	5,046,031	5,089,244	5,169,508	5,244,425	5,313,706	5,377,055	5,434,160	5,484,693	5,533,687	5,581,108	5,626,921	5,671,090	5,713,579	5,754,350	5,793,367	5,830,590	5,865,981	5,899,501	5,931,110	5,960,766	5,990,571	6,020,525	6,050,628	6,080,882
In Period Deferred Contribution				-	-	-	-	-	-	-	-	-	10,436,250	6,526,250	3,629,688	2,580,313	2,593,106	2,606,482	2,620,448	2,635,051	2,650,308	2,536,198	2,420,376	2,302,811	2,183,488	2,062,375	1,939,442	1,814,669	1,688,026	1,559,478	1,429,005	1,296,572	1,162,158	973,893	784,685	594,528	403,428	211,369	449,595	543,112	527,841	475,663	428,978	388,060	353,220	324,770	303,036	282,985	264,653	248,073	233,283	220,317	209,214	200,011	192,758	187,482	184,234	183,042	183,960	184,874	185,796	186,725	187,661
Deferred Balance				-	-	-	-	-	-	-	-	-	10,436,250	16,962,500	20,592,188	23,172,500	25,765,606	28,372,088	30,992,536	33,627,587	36,277,895	38,814,093	41,234,469	43,537,281	45,720,769	47,783,143	49,722,585	51,537,255	53,225,280	54,784,758	56,213,763	57,510,335	58,672,493	59,646,387	60,431,071	61,025,599	61,429,027	61,640,396	62,089,991	62,633,103	63,160,944	63,636,607	64,065,585	64,453,646	64,806,866	65,131,636	65,434,672	65,717,658	65,982,311	66,230,384	66,463,667	66,683,984	66,893,199	67,093,210	67,285,969	67,473,451	67,657,685	67,840,728	68,024,687	68,209,561	68,395,357	68,582,082	68,769,743
RENEWALS REVENUE WATERFALL
Sales Dollars
Term 1 Sales Dollars			Sub Term	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,762,500	5,175,000	3,234,375	2,587,500	2,703,938	2,825,619	2,952,769	3,085,646	3,224,499	3,272,868	3,321,962	3,371,789	3,422,366	3,473,702	3,525,805	3,578,694	3,632,376	3,686,860	9,175,913	7,420,795	6,119,334	5,685,798	5,786,676	5,891,320	5,999,895	6,112,574
Revenue Layer			1.5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	431,250	287,500	179,688	143,750	150,219	156,979	164,043	171,425	179,139	181,826	184,553	187,322	190,131	192,983	195,878	198,816	201,799	204,826	509,773	412,266	339,963	315,878	321,482	327,296	333,328	339,587
Year 1 Month 1				-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1 Month 2					-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1 Month 3						-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1 Month 4							-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 5								-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 6									-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 7										-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 8											-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 9												-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 10													-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 11														-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 12															-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 1																-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 2																	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 3																		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 4																			-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 5																				-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2   Month 6																					-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2   Month 7																						-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2   Month 8																							-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2   Month 9																								-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 10																									-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 11																										-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 12																											-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 1																												-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 2																													-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 3																														-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 4																															-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 5																																-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 6																																	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 7																																		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 8																																			-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 9																																				-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 10																																					-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 11																																						431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	431,250	-	-	-	-	-	-	-	-
Year 3  Month 12																																							287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	287,500	-	-	-	-	-	-	-
Year 4  Month 1																																								179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	179,688	-	-	-	-	-	-
Year 4  Month 2																																									143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	-	-	-	-	-
Year 4  Month 3																																										150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	150,219	-	-	-	-
Year 4  Month 4																																											156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	156,979	-	-	-
Year 4  Month 5																																												164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	164,043	-	-
Year 4  Month 6																																													171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	171,425	-
Year 4  Month 7																																														179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139	179,139
Year 4  Month 8																																															181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826	181,826
Year 4  Month 9																																																184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553	184,553
Year 4  Month 10																																																	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322	187,322
Year 4  Month 11																																																		190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131	190,131
Year 4  Month 12																																																			192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983	192,983
Year 5  Month 1																																																				195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878	195,878
Year 5  Month 2																																																					198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816	198,816
Year 5  Month 3																																																						201,799	201,799	201,799	201,799	201,799	201,799	201,799	201,799	201,799	201,799
Year 5  Month 4																																																							204,826	204,826	204,826	204,826	204,826	204,826	204,826	204,826	204,826
Year 5  Month 5																																																								509,773	509,773	509,773	509,773	509,773	509,773	509,773	509,773
Year 5  Month 6																																																									412,266	412,266	412,266	412,266	412,266	412,266	412,266
Year 5  Month 7																																																										339,963	339,963	339,963	339,963	339,963	339,963
Year 5  Month 8																																																											315,878	315,878	315,878	315,878	315,878
Year 5  Month 9																																																												321,482	321,482	321,482	321,482
Year 5  Month 10																																																													327,296	327,296	327,296
Year 5  Month 11																																																														333,328	333,328
Year 5  Month 12																																																															339,587
Total Recognized				-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	431,250	718,750	898,438	1,042,188	1,192,406	1,349,385	1,513,428	1,684,853	1,863,991	2,045,817	2,230,371	2,417,692	2,607,824	2,800,807	2,996,685	3,195,502	3,397,300	3,602,126	3,680,649	3,805,415	3,965,691	4,137,818	4,309,082	4,479,398	4,648,683	4,816,846
In Period Deferred Contribution				-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,331,250	4,456,250	2,335,938	1,545,313	1,511,531	1,476,234	1,439,341	1,400,793	1,360,508	1,227,051	1,091,591	954,096	814,542	672,894	529,120	383,192	235,075	84,734	5,495,264	3,615,380	2,153,643	1,547,980	1,477,595	1,411,922	1,351,212	1,295,728
Deferred Balance				-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,331,250	11,787,500	14,123,438	15,668,750	17,180,281	18,656,515	20,095,856	21,496,649	22,857,157	24,084,208	25,175,799	26,129,895	26,944,437	27,617,331	28,146,451	28,529,643	28,764,718	28,849,452	34,344,716	37,960,096	40,113,739	41,661,719	43,139,314	44,551,236	45,902,448	47,198,176
SUNRISE PERIOD REVENUE WATERFALL
Sales Dollars
Sunrise Period Sales Dollars			Sub Term	-	-	-	-	-	-	11,500,000	8,625,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue Layer			5.0 Years	-	-	-	-	-	-	191,667	143,750	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1 Month 1				-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1 Month 2					-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1 Month 3						-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1 Month 4							-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 5								-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 6									-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 7										191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667	191,667
Year 1  Month 8											143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750	143,750
Year 1  Month 9												-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 10													-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 11														-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 12															-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 1																-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 2																	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 3																		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 4																			-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 5																				-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2   Month 6																					-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2   Month 7																						-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2   Month 8																							-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2   Month 9																								-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 10																									-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 11																										-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 12																											-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 1																												-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 3																													-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 3																														-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 4																															-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 5																																-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 6																																	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 7																																		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 8																																			-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 9																																				-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 10																																					-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 11																																						-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 12																																							-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 4  Month 1																																								-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 4  Month 2																																									-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 4  Month 3																																										-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 4  Month 4																																											-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 4  Month 5																																												-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 4  Month 6																																													-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 4  Month 7																																														-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 4  Month 8																																															-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 4  Month 9																																																-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 4  Month 10																																																	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 4  Month 11																																																		-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 4  Month 12																																																			-	-	-	-	-	-	-	-	-	-	-	-	-
Year 5  Month 1																																																				-	-	-	-	-	-	-	-	-	-	-	-
Year 5  Month 2																																																					-	-	-	-	-	-	-	-	-	-	-
Year 5  Month 3																																																						-	-	-	-	-	-	-	-	-	-
Year 5  Month 4																																																							-	-	-	-	-	-	-	-	-
Year 5  Month 5																																																								-	-	-	-	-	-	-	-
Year 5  Month 6																																																									-	-	-	-	-	-	-
Year 5  Month 7																																																										-	-	-	-	-	-
Year 5  Month 8																																																											-	-	-	-	-
Year 5  Month 9																																																												-	-	-	-
Year 5  Month 10																																																													-	-	-
Year 5  Month 11																																																														-	-
Year 5  Month 12																																																															-
Total Recognized				-	-	-	-	-	-	191,667	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417	335,417
In Period Deferred Contribution				-	-	-	-	-	-	11,308,333	8,289,583	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)	(335,417)
Deferred Balance				-	-	-	-	-	-	11,308,333	19,597,917	19,262,500	18,927,083	18,591,667	18,256,250	17,920,833	17,585,417	17,250,000	16,914,583	16,579,167	16,243,750	15,908,333	15,572,917	15,237,500	14,902,083	14,566,667	14,231,250	13,895,833	13,560,417	13,225,000	12,889,583	12,554,167	12,218,750	11,883,333	11,547,917	11,212,500	10,877,083	10,541,667	10,206,250	9,870,833	9,535,417	9,200,000	8,864,583	8,529,167	8,193,750	7,858,333	7,522,917	7,187,500	6,852,083	6,516,667	6,181,250	5,845,833	5,510,417	5,175,000	4,839,583	4,504,167	4,168,750	3,833,333	3,497,917	3,162,500	2,827,083	2,491,667	2,156,250
TRANSFERS INCREMENTAL REVENUE WATERFALL
Sales Dollars
Transfers Incremental Sales Dollars			Sub Term	-	-	-	-	-	-	23,000	17,250	-	51,750	34,500	21,563	17,250	18,026	18,837	19,685	20,571	21,497	21,819	22,146	22,479	22,816	23,158	23,505	23,858	24,216	24,579	24,948	25,322	25,702	25,830	25,959	26,089	26,220	26,351	26,483	26,615	26,748	26,882	27,016	27,151	27,287	27,423	27,561	27,698	27,837	27,976	28,116	28,257	28,398	28,540	28,683	28,826	28,970	29,115	29,261	29,407	29,554	29,702	29,850
Revenue Layer			0.5 Years	-	-	-	-	-	-	3,833	2,875	-	8,625	5,750	3,594	2,875	3,004	3,140	3,281	3,428	3,583	3,637	3,691	3,746	3,803	3,860	3,918	3,976	4,036	4,097	4,158	4,220	4,284	4,305	4,327	4,348	4,370	4,392	4,414	4,436	4,458	4,480	4,503	4,525	4,548	4,571	4,593	4,616	4,639	4,663	4,686	4,709	4,733	4,757	4,780	4,804	4,828	4,853	4,877	4,901	4,926	4,950	4,975
Year 1 Month 1				-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1 Month 2					-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1 Month 3						-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1 Month 4							-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 5								-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 6									-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 7										3,833	3,833	3,833	3,833	3,833	3,833	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 8											2,875	2,875	2,875	2,875	2,875	2,875	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 9												-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 10													8,625	8,625	8,625	8,625	8,625	8,625	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 11														5,750	5,750	5,750	5,750	5,750	5,750	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 1  Month 12															3,594	3,594	3,594	3,594	3,594	3,594	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 1																2,875	2,875	2,875	2,875	2,875	2,875	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 2																	3,004	3,004	3,004	3,004	3,004	3,004	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 3																		3,140	3,140	3,140	3,140	3,140	3,140	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 4																			3,281	3,281	3,281	3,281	3,281	3,281	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 5																				3,428	3,428	3,428	3,428	3,428	3,428	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2   Month 6																					3,583	3,583	3,583	3,583	3,583	3,583	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2   Month 7																						3,637	3,637	3,637	3,637	3,637	3,637	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2   Month 8																							3,691	3,691	3,691	3,691	3,691	3,691	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2   Month 9																								3,746	3,746	3,746	3,746	3,746	3,746	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 10																									3,803	3,803	3,803	3,803	3,803	3,803	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 11																										3,860	3,860	3,860	3,860	3,860	3,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 2  Month 12																											3,918	3,918	3,918	3,918	3,918	3,918	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 1																												3,976	3,976	3,976	3,976	3,976	3,976	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 3																													4,036	4,036	4,036	4,036	4,036	4,036	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 3																														4,097	4,097	4,097	4,097	4,097	4,097	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 4																															4,158	4,158	4,158	4,158	4,158	4,158	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 5																																4,220	4,220	4,220	4,220	4,220	4,220	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 6																																	4,284	4,284	4,284	4,284	4,284	4,284	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 7																																		4,305	4,305	4,305	4,305	4,305	4,305	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 8																																			4,327	4,327	4,327	4,327	4,327	4,327	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 9																																				4,348	4,348	4,348	4,348	4,348	4,348	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 10																																					4,370	4,370	4,370	4,370	4,370	4,370	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 11																																						4,392	4,392	4,392	4,392	4,392	4,392	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 3  Month 12																																							4,414	4,414	4,414	4,414	4,414	4,414	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 4  Month 1																																								4,436	4,436	4,436	4,436	4,436	4,436	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 4  Month 2																																									4,458	4,458	4,458	4,458	4,458	4,458	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 4  Month 3																																										4,480	4,480	4,480	4,480	4,480	4,480	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 4  Month 4																																											4,503	4,503	4,503	4,503	4,503	4,503	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 4  Month 5																																												4,525	4,525	4,525	4,525	4,525	4,525	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 4  Month 6																																													4,548	4,548	4,548	4,548	4,548	4,548	-	-	-	-	-	-	-	-	-	-	-	-	-
Year 4  Month 7																																														4,571	4,571	4,571	4,571	4,571	4,571	-	-	-	-	-	-	-	-	-	-	-	-
Year 4  Month 8																																															4,593	4,593	4,593	4,593	4,593	4,593	-	-	-	-	-	-	-	-	-	-	-
Year 4  Month 9																																																4,616	4,616	4,616	4,616	4,616	4,616	-	-	-	-	-	-	-	-	-	-
Year 4  Month 10																																																	4,639	4,639	4,639	4,639	4,639	4,639	-	-	-	-	-	-	-	-	-
Year 4  Month 11																																																		4,663	4,663	4,663	4,663	4,663	4,663	-	-	-	-	-	-	-	-
Year 4  Month 12																																																			4,686	4,686	4,686	4,686	4,686	4,686	-	-	-	-	-	-	-
Year 5  Month 1																																																				4,709	4,709	4,709	4,709	4,709	4,709	-	-	-	-	-	-
Year 5  Month 2																																																					4,733	4,733	4,733	4,733	4,733	4,733	-	-	-	-	-
Year 5  Month 3																																																						4,757	4,757	4,757	4,757	4,757	4,757	-	-	-	-
Year 5  Month 4																																																							4,780	4,780	4,780	4,780	4,780	4,780	-	-	-
Year 5  Month 5																																																								4,804	4,804	4,804	4,804	4,804	4,804	-	-
Year 5  Month 6																																																									4,828	4,828	4,828	4,828	4,828	4,828	-
Year 5  Month 7																																																										4,853	4,853	4,853	4,853	4,853	4,853
Year 5  Month 8																																																											4,877	4,877	4,877	4,877	4,877
Year 5  Month 9																																																												4,901	4,901	4,901	4,901
Year 5  Month 10																																																													4,926	4,926	4,926
Year 5  Month 11																																																														4,950	4,950
Year 5  Month 12																																																															4,975
Total Recognized				-	-	-	-	-	-	3,833	6,708	6,708	15,333	21,083	24,677	23,719	23,848	26,988	21,644	19,322	19,311	20,073	20,759	21,366	21,888	22,319	22,654	22,994	23,339	23,689	24,044	24,405	24,771	25,099	25,390	25,642	25,854	26,025	26,155	26,286	26,418	26,550	26,682	26,816	26,950	27,085	27,220	27,356	27,493	27,630	27,769	27,907	28,047	28,187	28,328	28,470	28,612	28,755	28,899	29,044	29,189	29,335	29,481
In Period Deferred Contribution				-	-	-	-	-	-	19,167	10,542	(6,708)	36,417	13,417	(3,115)	(6,469)	(5,822)	(8,150)	(1,958)	1,249	2,186	1,747	1,387	1,112	928	839	851	864	877	890	904	917	931	731	569	447	366	326	327	329	330	332	334	335	337	339	341	342	344	346	347	349	351	353	354	356	358	360	362	363	365	367	369
Deferred Balance				-	-	-	-	-	-	19,167	29,708	23,000	59,417	72,833	69,719	63,250	57,428	49,278	47,319	48,568	50,754	52,500	53,888	55,000	55,928	56,767	57,618	58,483	59,360	60,250	61,154	62,071	63,002	63,733	64,303	64,750	65,116	65,442	65,769	66,098	66,428	66,760	67,094	67,430	67,767	68,106	68,446	68,788	69,132	69,478	69,826	70,175	70,526	70,878	71,233	71,589	71,947	72,306	72,668	73,031	73,397	73,763	74,132
Re-Cap
Total Recognized				-	-	-	-	-	-	195,500	342,125	342,125	782,000	1,075,250	1,258,531	1,401,323	1,551,671	1,711,789	1,870,488	2,039,591	2,218,719	2,401,307	2,586,547	2,774,475	2,965,128	3,158,543	3,354,756	3,553,912	3,756,056	3,961,231	4,169,484	4,380,861	4,595,409	4,810,991	5,027,610	5,245,272	5,463,982	6,114,993	6,192,061	6,306,171	6,493,265	6,723,881	6,955,909	7,189,367	7,424,275	7,660,652	7,893,147	8,126,831	8,361,710	8,597,792	8,835,083	9,073,589	9,313,316	9,554,271	9,796,460	9,910,516	10,068,945	10,260,972	10,462,900	10,664,113	10,864,528	11,064,063	11,262,626
Total In Period Deferred Contribution				-	-	-	-	-	-	11,327,500	8,300,125	(342,125)	10,137,250	6,204,250	3,291,156	2,238,427	2,251,868	2,262,915	2,283,073	2,300,883	2,317,077	2,202,528	2,086,346	1,968,507	1,848,999	1,727,797	1,604,877	1,480,117	1,353,486	1,224,952	1,094,492	962,073	827,673	639,207	449,837	259,558	68,377	7,207,528	4,570,756	2,543,962	1,738,067	1,652,110	1,570,129	1,492,320	1,418,934	1,350,200	1,195,011	1,039,502	883,676	727,544	571,108	414,370	257,341	100,023	(57,570)	5,347,686	3,464,555	2,001,629	1,396,885	1,327,415	1,262,666	1,202,887	1,148,341
Total Deferred Balance				-	-	-	-	-	-	11,327,500	19,627,625	19,285,500	29,422,750	35,627,000	38,918,156	41,156,583	43,408,451	45,671,366	47,954,439	50,255,322	52,572,399	54,774,927	56,861,273	58,829,781	60,678,780	62,406,577	64,011,453	65,491,571	66,845,057	68,070,008	69,164,500	70,126,573	70,954,246	71,593,453	72,043,291	72,302,849	72,371,226	79,578,754	84,149,510	86,693,472	88,431,539	90,083,649	91,653,778	93,146,098	94,565,032	95,915,232	97,110,243	98,149,745	99,033,421	99,760,966	100,332,073	100,746,443	101,003,784	101,103,806	101,046,237	106,393,923	109,858,478	111,860,107	113,256,991	114,584,407	115,847,073	117,049,960	118,198,301