EFTA01972069.pdf

To: ‘I Cc: ReKahn Rich EI va Jeanne Brennan From: Cecile de Jongh Sent Wed 6/12/2013 11:07:25 PM Subject Fwd: Payment With warm regards, Cecile Sent from my iPhone Begin forwarded message: From: "Garrison, Frank" IIMIIMM Date: June 12, 2013 To: Cecile de Jongh Cc: "Garrison, Frank" , Cecile de Jongh Subject: Re: Payment I hope you saw my follow up e-mail acknowledging payment and thanking you for resolving. I am not looking for personal e-mails between Jeffrey and Andrew but rather any correspondence that relates to the transaction. I am just trying to gain whatever knowledge I can about the transaction particularly sine it predated me. Jeffrey made reference to them in correspondence with Andrew a few weeks ago. If there is personal communication or information in them, it could easily be redacted. Andrew has indicated that he has removed himself from this process for a variety of reasons and thus he isn't going to be dealing with those communications but has asked that I do so. I would request that you ask Jeffrey to reconsider. Frank M. Garrison Island Capital Group LLC 3100 West End Avenue Ste 1200 Nashville. TN 37303 On Jun 12, 2013, at 4:22 PM, "Cecile de Jongh" > wrote: EFTA_R1_00455187 EFTA01972069  Hi Frank, As you are aware, we are presently current on all accounts. I have asked Jeffrey via email about assurances for the future and he has not responded as yet except to say that we should bring everything current now. I will follow up. With regards to the emails, Jeffrey indicated that those are personal correspondence between himself and Andrew and he prefers to deal directly with Andrew where the emails are concerned. With warm regards, Cecile Sent from my iPhonc On Jun 12, 2013, at 4:18 PM, "Garrison, Frank" wrote: Cecile, I want to make sure you saw my request from yesterday for some assurances here. I want to avoid any inconvenience for LSJ vessels but we need some assurances from you regarding future fuel payments and the other outstanding and past due obligations (rent) if we are going to extend any credit for fuel. I am headed to the airport and will be available for another couple of hours before I take off and will be in my Nashville office tomorrow if you want to speak by phone. Frank Frank M. Garrison Island Capital Group LLC 3100 West End Avenue Ste 1200 Nashville. TN 37303 On Jun 11, 2013, at 2:21 PM, "Garrison, Frank" sz • wrote: Cecile, EFTA_R1_00455188 EFTA01972070  With regard to fuel, as I think you know, we informally and unilaterally began selling fuel to the LS1 vessels at approximately cost (as best we can calculate) a few months ago. AYH has an agreement with Puma Energy that requires us to pay for fuel on a fairly short term basis. If we extend credit to the LS1 vessels, what assurance can you provide that fuel will be paid for timely so that we can pay Puma on time? We don't have a lot of comfort extending credit when substantial rent payments ($54,000 currently) in arrears. Help? Frank Frank M. Garrison Island Capital Group LLC One American Center 3100 West End Ave Suite 1230 Nashville, TN 37203 [mam: Sent: Tuesday, June 11, 2013 1:21 PM To: Garrison, Frank Cc: Cecile de Jongh Subject: Payment Good afternoon Frank, The payment of the outstanding fuel bill has been authorized for payment. It will be processed today and Jeanne will communicate same to Leah in the AYH office. I think you have been great about getting the information to me that Jeffrey has requested and I appreciate it. I know that we are both in the middle of this and, to the extent possible, I will facilitate EFTA_R1_00455189 EFTA01972071  getting things worked out on my end while you continue to provide the information relevant to the AYH property and transfer of the property in 2007. With warm regards, Cecile DISCLAIMER: The information contained in this e-mail may be privileged,confidential, and protected from disclosure. If you are not the intended recipient, you are hereby notified that any dissemination, distribution or duplication of this communication is strictly prohibited. If you have received this communication in error, please notify the sender immediately and delete all copies. "Nearly all men can stand adversity, but if you want to test a man's character, give him power." - Abraham Lincoln CP" Please consider the environment before printing this e-mail. This message, and any attachments hereto, is confidential and intended exclusively for the use of the individual or entity to whom it is addressed. This communication may contain information that is confidential, proprietary, privileged, subject to a confidentiality and/or non-disclosure agreement, or otherwise exempt or protected from disclosure (either by contract or under applicable law). If you are not the intended recipient, you are hereby notified that printing, retaining, reproducing, copying, disclosing, EFTA_R1_00455190 EFTA01972072  disseminating or using this message or any information contained herein (including any reliance thereon) is strictly prohibited. If you have received this message in error, please contact the sender immediately and destroy the message (including any attachments) and any copies in their entirety, whether in electronic or hard copy format. Nothing contained in this e-mail shall be considered a legally binding agreement, amendment or modification of any agreement with Island Capital Group LLC or any of its affiliates, each of which requires a fully executed agreement to be received by Island Capital Group LLC or such affiliate. This message, and any attachments hereto, is confidential and intended exclusively for the use of the individual or entity to whom it is addressed. This communication may contain information that is confidential, proprietary, privileged, subject to a confidentiality and/or non-disclosure agreement, or otherwise exempt or protected from disclosure (either by contract or under applicable law). If you are not the intended recipient, you are hereby notified that printing, retaining, reproducing, copying, disclosing, disseminating or using this message or any information contained herein (including any reliance thereon) is strictly prohibited. If you have received this message in error, please contact the sender immediately and destroy the message (including any attachments) and any copies in their entirety, whether in electronic or hard copy format. Nothing contained in this e-mail shall be considered a legally binding agreement, amendment or modification of any agreement with Island Capital Group LLC or any of its affiliates, each of which requires a fully executed agreement to be received by Island Capital Group LLC or such affiliate. EFTA_R1_00455191 EFTA01972073