To: inUeevacation©gmail.com] From: Sent n 4 2:05:04 PM Subject Re: Egenesis & Georgarage LLC Below from Luhan Yang: Noted. Will do that shortly. On Oct 24, 2014, at 5:58 AM, jeffrey E. leevaeationagmail.com> wrote: please send me the biz plan as outlined on the phone. use of funds for 2 ,5 years. ? I will then send a structure that i believe works. On Fri, Oct 24, 2014 at 5:15 AM, ote: Begin forwarded message: From: george church Subject: Egenesis & Cc: Luhan Yan Dear Jeffery, It was nice talking with you on the phone yesterday. I forward to discussing with you about the business at eGenesis, in which we deliver human transplantable organ by engineering animals. To follow up our last proposal of convertible note, I attached our proposed term sheet in which we offer 15% discount rate and 8% interest rate for 81.5 million investment as convertible note. Alternatively, if you wish, we propose the company pre-money evaluation of $15 million and offer you 9.09% (Genesis preferred share with your $1.5 million investment. I look forward to your feedback and I am happy to discuss with you in person. Best, Luhan ****** ***** ********************************** ********************************** From Date: Tuesday, Octobel.... a : E FTA_R 1_00692616 EFTA02092755 To: george church Luhan Yang Cc: Meghan Radden < Subject: Conf. Call NOW or in 2 hours? James Clement 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 WE 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 jesvacation@gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_00892617 EFTA02092756
