First Tidal Acquisition Corp T.AAA

STUFFIES

[oceaneleven]

In addition to these director nomination rights, pursuant to the SPA, Allana has granted ICL additional ancillary rights as a part of the strategic alliance, as follows: From and after the date hereof, and at any time after the date which is twelve months from the date hereof (the "Grace Period") provided ICL beneficially owns securities acquired from Allana representing 7.5% of the fully diluted Common Shares of Allana, ICL will have a right of first refusal on the direct or indirect disposition of Allana's interest in the Project. Subject to the same minimum equity ownership condition following the Grace Period, ICL has been granted a pre­emptive right pursuant to which ICL has the right to participate in any equity financings of Allana up to the greater of (i) 30% of the aggregate amount of such equity financing and (ii) its then undiluted ownership of Allana Common Shares acquired from treasury (assuming the issuance of the Second Tranche)

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