So it's quite nasty.

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- Of course it's punitive. - This is punitive.

Of course it's punitive.

It's from Sheehan.

It's 1.35 million shares...

It's 25 reporters.

Gentlemen, we know it's not ideal...

It's more than unfortunate.

and it's not like it's an easy sell.

Kay, it's your decision...

It's boilerplate, Kay.

It's standard contractual language.