EFTA02503388.pdf

From: jeffrey E. <[email protected]> Sent: Wednesday, April 29, 2015 11:44 PM To: Dangene and Jennie Enterprise Subject: Re: Revised NM Term Sheet nothing attached <=iv class="gmail quote">On Wed, Apr 29, 2015 at 7:41 PM, Dangene and Jenn=e Enterprise > wrote: Hi Jeffrey ! Spoke to Rick and Daniel and they=are comfortable with this if you are ... The Note will ran= junior to any existing or future secured indebtedness of the Company, but=not to exceed [$x -- TBDJ without Investor's prior approval; and senior to all otrer unsecured indebtedness of the Company and senior to any loans made by m=mbers of other equity holders of the Company. BTW the =NLY secured debt we have is the 500 K bank debt ....Let me know if this works ...Love u! CORE: Jennie Enterprise I <http://www.coreaccess.net/> I On Apr 28, 2015, at 1:24 PM, jeffrey E. <[email protected] <mailto:[email protected]» wrote: thenote is junior to futre exisitng secure?? therefo=e really little guarantee. , On Tue, Apr 28, 2015 at 12:13 PM, Dangene and Je=nie Enterprise > wrote: Hi Jeffrey !!! HAPPY TUESDAY !!! Hope y=u are GREAT !!! Simple term sheet as you requested with Nathan "en=apsulated " Love you !!! Begin forwarded message: From: "Beirne, Kristina E." Subject: Revised NM Term Sheet Date: April 27, 2015 at 5:42:45 PM EDT EFTA_R1_01632175 EFTA02503388  To: Dangene and Jennie Enterprise Daniel Rabia Cc: "Ross, Rick" Attached a= per our call earlier is a draft term sheet for Nathan's investment wh=ch is in the form of convertible debt to protect Nathan from potential ris=s associated with an equity ownership stake until he wants to convert. Otherwise, we tried to k=ep the terms straightforward and in accordance with market provisions for =onvertible debt. q=pan> Best, Kristina</=pan> </=pan> <=span> Kristina E. Beirne Counsel Dentons is an international legal pract=ce providing client services worldwide through its member firms and affili=tes. This email may be confidential and protected by legal privilege. If you are not the intended recipient, disclosure, cop=ing, distribution and use are prohibited; please notify us immediately and=delete this copy from your system. Please see <http://www.dentons=comi> for Legal Notices. 2 EFTA_R1_01632176 EFTA02503389  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] <mailto:[email protected]> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved please =ote The information contained in this communication is confiden=ial, may be attorney-client privileged, may constitute inside informati=n, and is intended only for the use of the addressee. It is the propert= of JEE Unauthorized use, disclosure or copying of this communica=ion or any part thereof is strictly prohibited and may be unlawful. If =ou have received this communication in error, please notify us immediat=ly by return e-mail or by e-mail to [email protected] <mailto:jeevacation@gmail=com> , and destroy this comm=nication and all copies thereof, including all attachments. copyright -=11 rights reserved 3 EFTA_R1_01632177 EFTA02503390