📄 Extracted Text (415 words)
From: "jeffrey E." <[email protected]>
To: David Mitchell
Subject: Re: MOCK PRO FORMA
Date: Sat, 28 Apr 2018 22:00:17 +0000
he and the other chef were 5k per week. is the 5k inlieu of salary
On Sat, Apr 28, 2018 at 5:53 PM David Mitchell < > wrote:
DAVID MITCHELL
Mitchell Holdings LLC
745 Fifth Avenue
New York NY 10151
USA
Begin forwarded message:
From: Michael Vignola <
Date: April 27, 2018 at 6:46:32 PM EDT
To: David Mitchell
Subject: MOCK PRO FORMA
David Attached is a mock pro forma for Henry. As I stated today at our meeting I only want on as a
consultant basis for now.
I respectfully request the following;
I. I am to be paid $16,000 upfront for 4 weeks of work. PAID AS A 1099 .Months 2-100 are all to be paid in
full on the first of the month.
2. 10% of TOP LINE REVENUE , this is to be paid by the Tuesday of each week for the prior weeks
sales.Failure to do so will result in a closure immediately. I.E. at $50,000 a week , PAYABLE TO ME IS
$5,000
3. All employees to be property of GAM , ALL SALARIED EMPLOYEES TOBE PAID as a 1099.
4. GAM assumes all Liability, vendors, liquor license, merchandise fees, cc processor etc ... All payables
etc
5. PR and MARKETING , I don't think we rush into this I would use our free avenues at the moment and
push that out. Keep it lean and mean.
6. Working CAPITAL all vendors would be COD so we don't further bum the relationships I have built over
15 years. Call it 15k a week.
7. I would give you 2 weeks notice if I was to not move forward, but try to help fill the role and possibly stay
on in an advisory role.
I am sure there's more, but time is off the essence if we want to move forward.
EFTA00823485
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