EFTA01882683.pdf

To: Jeffrey E steinfeevacation©gmail.com] From: Sent: Wed 5/16/2012 5:30:32 AM Subject: Fw: China Original Message From: Richard Merkin To: Subject: RE: China Sent: 16 May 2012 00:16 Can you send me a structure that will protect our down side. I will have our counsel, Mike Kelcy review it. He had questions about how do we monetize this, what happens after the expiration of the 5 year contractual period, how does AG capture the benefits of increased efficiency and PRC healthcare delivery system? I think I explained most of his concerns to him, but I wasn't able to specify what secures the 810M investment. Any help in clarification would be appreciated. Original Message From: Sent: Monday, May To: Richard Merkin Subject: Re: China Dear Dick, I hope you had a safe trip home from China. It was great - as always - to see you! What are your thoughts on next steps? We are now reviewing options and would love to have your involvement. All the best, David EFTA_R1_00296376 EFTA01882683