In accordance with the 2020 Amendment, Mr. Heng Fai Chan shall receive $61,799.49 payable in cash for his services provided as a director of the Company for the period from July 15, 2019 till December 31, 2019. Pursuant to the 2020 Amendment, Mr. Chan&rsquo s monthly base salary (&ldquo Base Salary&rdquo ) has been reduced to $1 commencing January 1, 2020 and Mr. Chan shall be eligible to receive certain performance bonuses based upon the annual market capitalization growth of the Company (the &ldquo Growth Bonus&rdquo ) and the annual net asset value change of the Company (the &ldquo NAV Bonus&rdquo ). The Growth Bonus will be equal to 5% of the year over year increase in DSS&rsquo s market capitalization, with the measurement of DSS&rsquo s market capitalization determined by (a) the total number of outstanding shares of DSS common stock at fiscal year end multiplied by (b) the 10-day volume weighted average price (&ldquo VWAP&rdquo ) of DSS common stock on the principal trading market prior to such year end. The NAV Bonus will be equal to 5% of the year over year increase of DSS&rsquo s net asset value (&ldquo NAV&rdquo ), with the measurement of DSS&rsquo s fiscal year end NAV (equal to DSS&rsquo s total assets minus total liabilities) calculated in accordance with generally accepted accounting principles.

In addition, Mr. Heng Fai Chan will have the option to have his Base Salary and/or Performance Bonus, if any, paid in either cash or in DSS common stock under the Company&rsquo s Employee, Director and Consultant Equity Incentive Plan, in accordance with the notice requirements and procedures set forth in the 2020 Amendment. Under the 2020 Amendment, if Mr. Chan chooses to convert part or all of his Base Salary and/or Performance Bonus into DSS common stock, the conversion rate used will be the 10-day VWAP of the DSS common stock immediately before the date that Mr. Chan requests in writing to elect the stock payment option. End of Extract...