metavalent 's Public Library

Section 4.1 Initial
Authorized Capital Stock. (a) The total number of shares of all classes of stock that the Corporation is authorized to issue is 2,004,559,484,030 shares, consisting of: (i) 25,000,000 shares of Preferred Stock, par value
$0.0001 per share (“Preferred Stock”), (ii) 2,001,622,245,209 shares of Class A Common Stock, par value $0.0001 per share (“Class A Common Stock”), (iii) 622,245,209 shares of Class B Common Stock,
par value $0.0001 per share (“Class B Common Stock”), (iv) 1,097,165,602 shares of Class C Common Stock, par value $0.0001 per share (“Class C Common Stock”), (v) 622,245,209 shares of Class USA Common
Stock, par value $0.0001 per share (“Class USA Common Stock”), (vi) 283,582,801 shares of Class EU Common Stock, par value $0.0001 per share (“Class EU Common Stock”), (vii) 25,000,000 shares of Class
Canada Common Stock, par value $0.0001 per share (“Class Canada Common Stock”), (viii) 130,000,000 shares of Class AP Common Stock, par value $0.0001 per share (“Class AP Common Stock”), (ix) 90,000,000
shares of Class LAC Common Stock, par value $0.0001 per share (“Class LAC Common Stock”) and (x) 42,000,000 shares of Class CEMEA Common Stock, par value $0.0001 per share (“Class CEMEA Common Stock” and,
collectively with the Class USA Common Stock, the Class EU Common Stock, the Class Canada Common Stock, the Class AP Common Stock and the Class LAC Common Stock, the “Regional Classes of Common Stock” and, collectively with the
Class A Common Stock, the Class B Common Stock and the Class C Common Stock, the “Common Stock”).

(b) The authorized
Class C Common Stock shall be divided into four series of Class C Common Stock, consisting of (i) 813,582,801 shares designated as Class C (Series I) Common Stock (“Class C (Series I) Common Stock”), (ii) 218,582,801
shares designated as Class C (Series II) Common Stock (“Class C (Series II) Common Stock”), (iii) 64,000,000 shares designated as Class C (Series III) Common Stock (“Class C (Series III) Common Stock”) and
(iv) 1,000,000 shares designated as Class C (Series IV) Common Stock (“Class C (Series IV) Common Stock”).

(c) The
authorized Class EU Common Stock shall be divided into three series of Class EU Common Stock, consisting of (i) 64,000,000 shares designated as Class EU (Series I) Common Stock (“Class EU (Series I) Common Stock”),
(ii) 218,582,801 shares designated as Class EU (Series II) Common Stock (“Class EU (Series II) Common Stock”) and (iii) 1,000,000 shares designated as Class EU (Series III) Common Stock (“Class EU (Series III)
Common Stock”).

“Initial Aggregate Redemption
Amount” shall mean an amount equal to (i) the net proceeds received by the Corporation from, or as a result of, the sale of shares of Class A Common Stock in, the IPO on the IPO Date (to be determined net of expenses and discounts
and commissions paid or incurred through and including the IPO Date),

47

plus (ii) an amount reasonably determined by the Corporation not to exceed the net proceeds received by the Corporation from, or as a result of,
the sale of shares of Class A Common Stock in the IPO after the IPO Date and prior to or on the Business Day that immediately precedes the date on which the First Tranche Redemption Notice is first sent, pursuant to, or as a result of the
exercise of the underwriters’ overallotment option contained in the underwriting agreement with the several underwriters with respect to the IPO, minus (iii) an amount reasonably determined by the Board (or a committee thereof
delegated such authority) to be an appropriate amount of funds to be retained by the Corporation for general corporate purposes and minus (iv) the Escrow Amount and minus (v) an amount equal to U.S.$1,146,000,000.00.

Henry David Thoreau saw our modern confinement coming in his June 1862 Atlantic magazine essay, Walking:

... most of my townsmen would fain walk sometimes, as I do, but
they cannot. No wealth can buy the requisite leisure, freedom, and
independence which are the capital in this profession. ... I know very
well that they have confined themselves to the highway ever since
... the walking of which I speak has nothing in it akin to taking
exercise, ... but is itself the enterprise and adventure of the
day. ...

Moreover, you must walk like a camel, which is said to be the only
beast which ruminates when walking. When a traveler asked Wordsworth's
servant to show him her master's study, she answered, "Here is his
library, but his study is out of doors." ...

When we walk, we naturally go to the fields and woods: what would
become of us, if we walked only in a garden or a mall? ...

There are square miles in my vicinity which have no
inhabitant. From many a hill I can see civilization and the abodes of
man afar. The farmers and their works are scarcely more obvious than
woodchucks and their burrows. Man and his affairs, church and state
and school, trade and commerce, and manufactures and agriculture even
politics, the most alarming of them all--I am pleased to see how little space they occupy in the landscape...

At present, in this vicinity, the best part of the land is not private
property; the landscape is not owned, and the walker enjoys
comparative freedom. But possibly the day will come when it will be
partitioned off into so-called pleasure-grounds, in which a few will
take a narrow and exclusive pleasure only--when fences shall be
multiplied, and man-traps and other engines invented to confine men to
the public road, and walking over the surface of God's earth shall be
construed to mean trespassing on some gentleman's grounds. To enjoy a
thing exclusively is commonly to exclude yourself from the true
enjoyment of it. Let us improve our opportunities, then, before the
evil days come.

Are Thoreau's "evil days" here? For the ground-bound, certainly, but
it is possible to fly almost anywhere in the United States one wishes for
the simple pleasures of looking and photographing.