From: Richard Kahn To: "Jeffrey E." <jeevacation@gmail.com> Subject: Fwd: Next Entities Date: Mon, 11 Sep 2017 19:39:47 +0000 Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York NY 10022 tel fax cell Begin forwarded message: From: Neale Attenborough Subject: Re: Next Entities Date: September 11, 2017 at 3:12:54 PM EDT To: Richard Kahn < Cc: Chris Lawler < >, Tyler Shean We will have this clearly articulated in the term sheet. We will propose a stock sale because these entities had no function other than to hold the Next shares, and will provide the appropriate transparency and indemnification. On Sep 11, 2017, at 7:10 AM, Richard Kahn < > wrote: do you want us to buy shares or the assets? how do we get comfortable that there are no undisclosed liabilties in the companies I guess part of the future payments??? Richard Kahn HBRK Associates Inc. 575 Lexington Avenue, 4th Floor New York, NY 10022 tel fax cell EFTA00650815 On Sep 7, 2017, at 10:11 AM, Neale Attenborough < > wrote: Richard, Attached is the entity org chart for our Next Holdings. In the transaction we are contemplating, we will be selling Claxon Inc., NEXT Management Acquisition Limited, and NXT Company Limited. To be clear, at the end of the transaction we would no longer own any interests in Next. As soon as we receive your list of known actions against the company we will get you a proposed term sheet. Regards, Neale Disclaimer: This message contains information that may be confidential and/or privileged and is intended only for the person(s) named. Any use, distribution, copying or disclosure to any other person is strictly prohibited. If you received this transmission in error, please notify the sender by reply e-mail and then destroy the message. Opinions, conclusions, and other information in this message that do not relate to the official business of Golden Gate Capital shall be understood to be neither given nor endorsed by the company. Where applicable, any information contained in this e-mail is subject to the terms and conditions in the relevant governing agreement. <Next - Org Chart.pdf> EFTA00650816