Guestlogix Class Action Settlement

1, The definitions set out in the Agreement, except as modified or defined herein, apply to and are incorporated into this Plan of Allocation:

(a) “Acquisition Expense” means the total monies paid by the Claimant (including brokerage commissions) to acquire Eligible Shares;

(b) “Action” means the action styled Bodnarchuk v. Guestlogix Inc., et al. filed in the Court with Court File Number CV-16-545118-00CP;

(c) “Administrator” means Class Counsel, or a third-party claims administrator if one is appointed by the Court;

(d) “Authorized Claimant” means a Class Member who: (i) submitted a properly completed Claim Form with the calculation of their Maximum Entitlement and all required Supporting Documentation to the Administrator, on or before the Claims Bar Deadline; and (ii) is eligible to receive a Distribution from the Compensation Fund;

(e) “Claimant” means a Class Member who submits a properly completed Claim Form with the calculation of their Maximum Entitlement and all required Supporting Documentation to the Administrator, on or before the Claims Bar Deadline;

(f) “Claims Bar Deadline” means November 17, 2020, which is the date by which each Class Member must file a properly completed Claim Form with the calculation of their Maximum Entitlement and all required Supporting Documentation with the Administrator;

(g) “Class Counsel” means Spark LLP;

(h) “Class Period” means the period from June 8, 2015 to and including November 12, 2015;

(i) “Compensation Fund” means the Settlement Amount less Class Counsel Fees, Administration Expenses and Honorarium;

(j) “Court” means the Ontario Superior Court of Justice;

(k) “Database” means the database in which the Administrator stores information received from the Claimants and/or acquired through the claims process;

(l) “Distribution” means payment to Authorized Claimants in accordance with the Plan of Allocation, the Agreement and any order of the Court;

(m) “Distribution List” means a list containing the name and address of each Authorized Claimant, the calculation of his/her/its net loss and the calculation of the Authorized Claimant’s pro rata share of the Compensation Fund;

(n) “Eligible Shares” means Shares purchased or otherwise acquired during the Class Period and held until after the close of trading on November 12, 2015, calculated using LIFO;

(o) “Escrow Account” means the trust account holding the Compensation Fund and used by the Administrator to make the Distribution in accordance with the Plan of Allocation;

(p) “Guestlogix” means Guestlogix Inc.;

(q) “Honorarium” means a one-time payment of $15,000 from the Settlement Amount to the representative plaintiff, Alex M. Bodnarchuk, subject to the approval of the Court;

(r) “Maximum Entitlement” means an Authorized Claimant’s actual loss on Eligible Shares, as calculated pursuant to the formula set forth in the “Calculation of the Distribution and Maximum Entitlement” section of this Claim Form Package;

(s) “Opt-Out Party” means any person who would otherwise be a Class Member who validly opts out of this Action;

(t) “Opting Out” means properly completing and submitting an Opt-Out Form and all necessary supporting documents before the expiry of the Opt-Out Deadline;

(u) “Pro Rata Distribution” means the Distribution per dollar of Total Damages;

(v) “Reference” means the procedure by which a Claimant who disagrees with the Administrator’s decision relating to their eligibility for compensation, the  determination of the number of Eligible Shares, or the amount of their Distribution, may appeal the Administrator’s decision and have it reviewed by the Referee;

(w) “Referee” means Reva Devins, Vice Chair of the Grievance Settlement Board, a Vice Chair of the Public Service Grievance Board and the Associate Chair under the 1986-90 Hepatitis C Class Action Settlement, or such other person or persons appointed by the Court to serve in that capacity;

(x) “Settlement Amount” means $1,275,000 Canadian dollars, inclusive of the Administration Expenses, Class Counsel Fees, interest, taxes and any other costs or expenses related to the Action or the Settlement;

(y) “Shares” means common shares of Guestlogix;

(z) “Supporting Documentation” means true copies of: (i) all trade confirmation slips in respect of transactions in the Eligible Shares during the Class Period and for ten (10) trading-days following the end of the Class Period; or (ii) all monthly statements with information concerning transactions in the Eligible Shares during the Class Period and for ten (10) trading-days following the end of the Class Period;

(aa) “Total Damages” means the aggregate of all Authorized Claimants’ Maximum Entitlements; and

(bb) “Website” means the website at spark.law/Guestlogix.

This Claim Form Package is subject to the terms and conditions set forth in the settlement agreement reached between the Plaintiff and Defendants dated June 11, 2018 (the “Agreement”).

If there is a conflict between the provisions or content of this Claim Form Package and the Agreement or other Court documents, the terms and wording of the Agreement and the other Court documents will prevail.

Class Members shall be bound by the terms of this Agreement regardless of whether they submit a completed Claim Form or receive payment from the Compensation Fund.

Submission of this Claim Form does not assure that you will share in the proceeds of the Compensation Fund.

The Settlement Amount, less administration costs and lawyers’ fees, will be distributed in accordance with the Court-approved Agreement and the Plan of Allocation, which can be reviewed at spark.law/Guestlogix.