EFTA00890632.pdf

From: "jeffrey E." <[email protected]> To: Richard Kahn Subject: Re: Noam Chomsky Date: Thu, 08 Feb 2018 14:07:53 +0000 bill, as i am not asking for legal or accounting fees that were incurred soley to review all the documents that isabel sent. I suggest you draft a settlement that has the full amount of restitution. and i will agree. otherwise I fear we will be at this for awhile. to be clear for full 267500 , and allocated so there are of course no gains to noam , we will agree. and you can draft doe for my review On Thu, Feb 8, 2018 at 8:59 AM, Richard Kahn > wrote: Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York NY 10022 tel fax= cell Begin forwarded message: From: "Kelly, William" i<MM => Subject: Re: Noam Chomsky Date: February 8, 2018 at 8:55:41 AM EST To: Richard Kahn < Cc: Sam Bain < Thanks. I will check with Isabel as to any realized gains in his publicly traded securities. On Feb 8, 2018, at 8:36 AM, Richard Kahn wrote: I will need to check on the tax benefit as i am not asking for interest on top of the investment... I will need to find out if he had other gains that offset the loss unless your client is aware of some themselves. Thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel fax cell EFTA00890632  On Feb 7, 2018, at 5:01 PM, Kelly, William ala wrote: For Settlement Purposes Only Dear Rich: Bainco has authorized me to confirm that it will meet your demand with respect to Noam's investments in private equity partnerships at Bainco. Our understanding is that Noam invested a total of $267,500 (through his revocable trust and his IRA) and received a tax benefit of approximately $27,000 due to realized capital losses, resulting in a net investment of $240,500. Bainco will pay that amount to Noam and Noam will relinquish his entire interest in the private equity partnerships (a portion of the settlement amount may be paid through a third party's purchase of Noam's interest in the RFID partnerships at his original purchase price). The settlement agreement will include mutual releases and standard non-disclosure and non-disparagement provisions. Please confirm at your earliest convenience and I will prepare the settlement agreement for your review. Regards, Bill P 4http://www.nixon William E. Kelly Senior Counsel mages/np_firm_sig/i mages/NP_Mono_bri ghtBlue_RGB_cropB Nixon Peabody LLP I too Summer Street I Boston MA 02110-2131 ^Komi nR cinRlnnL nixonpeabody.com I @NixonPeabodyLLP Please consider the environment before printing this email. This email message and any attachments are confidential and may be protected by the attorney/client or other applicable privileges. The information is intended to be conveyed only to the designated recipient(s) of the message. If you are not an intended recipient. please notify the sender immediately and delete the message from your email system. Unauthorized use, dissemination. distribution or reproduction of this message by other than the intended recipient is strictly prohibited and may be unlawful. Thank you. 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 EFTA00890633 destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00890634