EFTA02547525.pdf

From: jeffrey E. <[email protected]> Sent: Friday, December 15, 2017 7:42 PM To: Faith Kates Begin forwarded message: From: Neale =ttenborough < mailto Subject: Re: Next =span style="font-family:-webkit-system-font,Helvetica Neue,Helvetica,san.-serif;color:rgb(0,0,0)">Date: December 14, 2017 at=3:00:40 PM EST To: Richard Kahn mailto: > <=span> The $11MM in total consideration is an EXTREMELY low valuation for this company, and frankly already takes into consideration the legal risks that exist with the company. I have absolutely no idea how you can call $8MM in upfront payment high. There are those in our company that do not want any tail and do not want to take any further legal risk. I am fine with what I propos=d yesterday which is $8MM at close and $300 per year for the first two years, and $800K per year for the last three years. Let me know if that works for you. To be very clear, we will not=20 accept anything less than that in terms of up front payment, nor in terms of a more delayed 5 year pay out, nor in terms of total consideration. Let me know if you want to do this deal on those terms. =C2 please note The informat=on contained in this communication is confidential, may be attorney-cli=nt privileged, may constitute inside information, and is intended only =or the use of the addressee. It is the property of JEE Unauthoriz=d use, disclosure or copying of this communication or any part thereof =s strictly prohibited and may be unlawful. If you have received this return e-mail o= by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies =hereof, including all attachments. copyright -all rights reserved </=iv> --f403043830f864da670560663169-- conversation-id 20094 date-last-viewed 0 date-received 1513366915 flags 8590195713 gmail-label-ids 7 remote-id 778800 EFTA_R1_01701877 EFTA02547525