📄 Extracted Text (577 words)
From: Peter L. Corsell
Sent: Tuesday, May 5, 2015 4:47 PM
To: jeffrey E.
Cc: Boris Nikolic
Subject: Re:
Indeed. At least everyone can be=focused on one set of signed documents and the parties can send signed/init=aled
red-lines back and forth. I think Boris should make whatever cha=ges he wants to the documents, let's just narrow the
areas of disagreement,=so Boris and David can find some acceptable middle ground and be done with i=. So, while
Boris' changes may be significant, I think it's better to=limit the number of changes to as few as possible. I am personally
in=ifferent on the promissory note concept, but I am obviously not in charge h=re. Talk to you both soon. Peter
On M=y 5, 2015, at 12:39 PM, jeffrey E. <[email protected] <mailto:jeevacation@gmail.=om» wrote:
On Tue, May 5, 2015 at 10:58 AM, Peter L. C=rsell > wrote:
Hey,
=o, I forwarded your email to David and we discussed. In addition to t=e fact that the proposal was unsigned by
Boris (but let's leave tha= aside), David doesn't like the note structure because his attorney= believe he will have more
protection as the general partner of a new vehic=e that actually owns the shares. Rather than potentially obtaining a
j=dgment and having to collect from Boris personally.
</=iv>
David would like Boris to choose one of the two offers he submitted=to Gunderson, based on Gunderson's
original framework (the one you s=nt to me and then I sent it to David and then his attorneys edited it and t=en David
signed it and sent it to Gunderson). He expects Boris to cho=se one of those structures, make a counter proposal, initial
his changes, s=gn the document and have Gunderson send it back to David.
At this point, I would really like to limit my involvement and the t=me I spend on this. So, if you think Boris can
work with you and his a=torneys to counter one of David's proposals in writing, I think tha= would be best and most
efficient. It's all the same economic= anyway.
Peter
O= May 4, 2015, at 6:55 PM, jeffrey E. <[email protected] <mailto:jeevacation@gmai=.com» wrote:
=div dir="Itr">he will sign this, you have my word, = . howver the market is now 150 500 as i see it . &n=sp;
my guess is that 250 does it
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<Promissory Note to David Schwarz(1).doc>
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