From: siM=Ila> To: jefircy E. <jecvacation@gmail.com> Subject: Proposal Date: Mon, 24 Apr 2017 03:33:28 +0000 Importance: normal Jeffrey Please use this email address for everything relating to the new venture. How about the following proposal : • $1.25MM forgivable loan • $250K advisory fee from Nicole • The next client I get goes towards reducing your commitment to $1MM. I plan on charging $250K-$500K per client so hopefully that happens within the first year. • I do plan on spending most of my initial attention on your account making sure we are covered by the right desks, have the proper ISDA/Dodd Frank dots in place and our execution capabilities are up to par. So realistically I do not see taking on new clients for the first 6-9 months unless it's a very low maintenance account. I will get my employment contract tomorrow and then work on an Investment Advisory Agreement for you. Once Darren and I have the forgivable loan doc signed I will have the conversation with Mary regarding my resignation and restricted stock. Best, Paul Barrett EFTA01048390