EFTA01746278.pdf

From: Boris Nikolic > To: Jeffrey E. <jeevacation gmail.com> Subject: RE: FW: Sent: Thursday, April 9, 2015 1:29:02 AM imaoe001.oif I asked. He is refusing. He is even refusing talking to me. And he said nasty stuff about you - stating that he would never even talk to low life as you and how I was careless to whom I associate myself with!!!! How bizzare and paradoxical this is!!!! Sent from my Windows Phone From: jeffrey E. Sent:4/8/2015 9:25 PM To: Boris Nikolic Subject: Re: FW: my suggestion is that i talk directly to david, this is silly and unproductive On Wed, Apr 8, 2015 at 7:34 PM, Boris Nikolic < wrote: What would you do? From: Jeffrey E. [[email protected]] Sent: Wednesday, April 8, 2015 5:13 PM To: Boris Nikolic Subject: Re: FW: no, On Wed, Apr 8, 2015 at 1:02 PM, Boris Nikolic wrote: FYI Please let me know what do you think. B EFTA_R1_00039848 EFTA01746278  From: Steve R. Ray [mailto: Sent: Monday, April 6, 2015 9:50 PM To: Boris Nikolic Cc: Bennett L. Yee Subject: RE: Hi Boris, Peter seemed to think that something less than 50% would be acceptable from David's standpoint. I asked him to discuss 1/3 or some other percentage with David, and to see whether we would have to provide some other consideration to balance the fact that David would be getting less than 50%. Peter called back later with an interesting alternative proposal. What if 90% of each investment was treated as though warehoused, and then was transferred into Biosys as originally intended. Investor capital would be used to repay 90% of the loan from Gates. You, personally, would fund the remaining 10% of the cost outside the Fund. In a liquidity event, you would be entitled to get your investment back first and David would then receive any profit. David's profit would equate to his interest in carry on those 2 deals, but we wouldn't have to deal with the GP carry issues that we had been attempting to address. You would be out of pocket $400k up front, but most of Blue Talon and Digisite would go into Biosys. David wouldn't have an interest in the Fund, and would only be entitled to upside after you had been repaid your $400k. What do you think? Steve Steve R. Ray Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP 1200 Seaport Boulevard Redwood City, CA 94063 Phone: 650-463-5265 I Fax: 877-881-7782 I www.qunder.com EFTA_R1_00039849 EFTA01746279  This email and any attachments may contain private, confidential and privileged material for the sole use of the intended recipient. If you are not the intended recipient, please immediately delete this email and any attachments. 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 [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved 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 [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_00039850 EFTA01746280