From: "Jeffrey E." <jeevacation@gmail.com> To: Faith Kates Subject: Date: Fri, 04 Aug 2017 13:21:17 +0000 > send neil a note / Neil , our advisor at your request spoke to Mr. Lawler. . Mr. Lawler requested questions in writing as he said he was also not very familiar with the detailed numbers. We have reviewed limited number of the past k-I s , and financial statements. . Taking into account the fact that there are still some liabilities outstanding ie Paris lawsuit etc. and to short circuit a long number crunching and possibly futile excercise Joel and I suggest the following. . We will buy you out at a total price of 6 million dollars paid over three years. or in the alternative we can pay 5 million cash on closing. We are told that if phantom income was booked by your fund you will recover the benefit of the higher basis (ie larger capital loss ) upon sale . We will part friends and release you from all future claims. We thank you for the acknowledgment that you have not had the time to be a constructive partner , and we sincerely hope that our offer meets your needs. please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA01038712