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   &lt;div align="left" style="font-size: 10pt; font-family: 'Times New Roman',Times,serif"&gt;
   &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;In accordance with ASC Topic 820, we group our assets at fair value in three levels, based on the
   markets in which the assets are traded and the reliability of the assumptions used to determine
   fair value. These levels are:
   &lt;/div&gt;
   &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;&lt;b&gt;&amp;#8226;&lt;/b&gt; Level 1 &amp;#8212; Valuation is based upon quoted prices for identical instruments traded in active
   markets.
   &lt;/div&gt;
   &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;&lt;b&gt;&amp;#8226;&lt;/b&gt; Level 2 &amp;#8212; Valuation is based upon quoted prices for similar instruments in active markets,
   quoted prices for identical or similar instruments in markets that are not active and model-based
   valuation techniques for which all significant assumptions are observable in the market.
   &lt;/div&gt;
   &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;&lt;b&gt;&amp;#8226;&lt;/b&gt; Level 3 &amp;#8212; Valuation is generated from model-based techniques that use significant assumptions
   not observable in the market. These unobservable assumptions reflect our own estimates of
   assumptions that market participants would use in pricing the asset or liability. Valuation
   techniques include the use of option pricing models, discounted cash flow models and similar
   techniques. The results cannot be determined with precision and may not be realized in an actual
   sale or immediate settlement of the asset or liability.
   &lt;/div&gt;
   &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;We base our fair values on the price that would be received to sell an asset in an orderly
   transaction between market participants at the measurement date. ASC Topic 820 requires us to
   maximize the use of observable inputs and minimize the use of unobservable inputs when measuring
   fair value.
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