Re: Herb Wolman
80000
--- DKIESQ@aol.com wrote:
Spoke to Herb Wolman and received the following
information:Agreed Fees/Commissions Bonus2003 $180,000
$70,0002004 $180,000
$75,000For 2005 the fees/commissions were supposed to be
$16,500 per month for a
total of $198,000.In 2004 fees/commissions were overbilled by $2,686,
which sum was applied to
2005. Giving effect to the 2005 application of the
$2,686 overbilling in
2004, fees/commissions actually paid to date for
2005 were $194,628, which is
$3,372 short of the total amount Herb was authorized
to bill for 2005.Total premiums in 2005 were $1,761,043 as compared
to $1,880,049 in 2004.
In addition, as a result of additional purchases of
real estate in aspen, as
well as the development of the aspen ranch property,
Herb claims that LHW's
insured risk exposure increased.As he has done in the past, Herb asks what should be
his bonus for 2005.Herb also noted that in general his costs have
increased and that Herb has
actually assigned additional staff to the account so
that there is redundancy
in the event that one of the staff leaves, becomes
ill or is otherwise
unavailable to handle a matter for LHW.Herb told me that you have always been fair with him
and that he defers to
you entirely for a determination of what is fair.Questions:
- Does Herb have authority to bill for the
$3,372 shortfall in 2005?
What bonus should Herb receive for 2005?
How are these payments to be allocated among
LHW's various entities?
Please advise.
Darren
Do You Yahoo!?
Tired of spam? Yahoo! Mail has the best spam protection around
http://mail.yahoo.com
additiona
--- Darren dkiesq@aol.com wrote:
Is the 80,000 to cover bonus and 3,372 shortfall or
does Herb take an additional 3,372 on top of the
80,000? Is there a particular way you wish to
allocate the bill among LHW entities?
Sent wirelessly via BlackBerry from T-Mobile.-----Original Message-----
From: "J. Epstein" jeeproject@yahoo.com
Date: Wed, 1 Feb 2006 14:45:32
To:DKIESQ@aol.com
Subject: Re: Herb Wolman80000
--- DKIESQ@aol.com wrote:
Spoke to Herb Wolman and received the following
information:Agreed Fees/Commissions Bonus2003 $180,000
$70,0002004 $180,000
$75,000For 2005 the fees/commissions were supposed to be
$16,500 per month for a
total of $198,000.In 2004 fees/commissions were overbilled by
$2,686,
which sum was applied to
2005. Giving effect to the 2005 application of
the
$2,686 overbilling in
2004, fees/commissions actually paid to date for
2005 were $194,628, which is
$3,372 short of the total amount Herb was
authorized
to bill for 2005.Total premiums in 2005 were $1,761,043 as compared
to $1,880,049 in 2004.
In addition, as a result of additional purchases
of
real estate in aspen, as
well as the development of the aspen ranch
property,
Herb claims that LHW's
insured risk exposure increased.As he has done in the past, Herb asks what should
be
his bonus for 2005.Herb also noted that in general his costs have
increased and that Herb has
actually assigned additional staff to the account
so
that there is redundancy
in the event that one of the staff leaves, becomes
ill or is otherwise
unavailable to handle a matter for LHW.Herb told me that you have always been fair with
him
and that he defers to
you entirely for a determination of what is fair.Questions:
- Does Herb have authority to bill for the
$3,372 shortfall in 2005?
What bonus should Herb receive for 2005?
How are these payments to be allocated among
LHW's various entities?
Please advise.
Darren
Do You Yahoo!?
Tired of spam? Yahoo! Mail has the best spam
protection around
http://mail.yahoo.com
Do You Yahoo!?
Tired of spam? Yahoo! Mail has the best spam protection around
http://mail.yahoo.com
200000
--- DKIESQ@aol.com wrote:
What is the monthly fee/commission rate that should
be paid to Herb for
2006?Reminder:
Agreed Fees/Commissions Bonus
2003 $180,000 or $15K/mth
$70,0002004 $180,000 or $15K/mth
$75,0002005 $198,000 or $16,500/mth
$80,000Please advise.
Thanks.
Darren
Do You Yahoo!?
Tired of spam? Yahoo! Mail has the best spam protection around
http://mail.yahoo.com