📄 Extracted Text (302 words)
From: jeffrey E. <[email protected]>
Sent: Friday, August 4, 2017 1:21 PM
To:
send neil a note / =AO Neil , our advisor at your re=uest spoke to Mr. Lawler. . Mr. Lawler requested questio=s in
writing as he said he was also not very familiar with the detai=ed numbers. We have reviewed limited n=mber of
the past k-1 s, and financial statements. . =AO
Taking into account the fact that there are stil= some liabilities outstanding ie Paris lawsuit etc. and =o short circuit a
long number crunching and possibly futile excercise =AO Joel and I suggest the following. . We will buy you out at =
total price of 6 million dollars paid over three years. or in=the alternative we can pay 5 million cash on closing. We are
t=Id that if phantom income was booked by your fund you will recover the ben=fit of the higher basis (ie larger capital
loss ) upon sale . =e will part friends and release you from all future claims. We thank=you for the acknowledgment
that you have not had the time to be a construc=ive partner , and we sincerely hope that our offer meets your
needs.=C2
=AO please note
The information conta=ned in this communication is confidential, may be attorney-client privi=eged, may constitute
inside information, and is intended only for th= use of the addressee. It is the property of JEE Unauthorized use,
d=sclosure or copying of this communication or any part thereof is strict=y prohibited and may be unlawful. If you have
received this communic=tion in error, please notify us immediately by return e-mail or by e-ma=l to
[email protected] <mailto:[email protected]> , and destroy this communication and all copies
thereof,<=r>including all attachments. copyright -all rights reserved
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EFTA_R1_01876178
EFTA02641859
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