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📄 Extracted Text (747 words)
From: Brad Wechsler <
Sent: Wednesday, November 26, 2014 2:42 PM
To:
Cc: [email protected]'
Subject: Re: Follow-up
1. If you and LDB are in synch and ball is rolling that's great. Let's just=make it happen. I'll speak to you abt structure but
no need to wait on me.=I'm abt to take off so we'll speak later. Shld Jeffrey be in loop on type =f 401k or non-issue. If so,
pls get his sign off. Thx, b 2. Between you and rich you'll complete and document the timber sale? I thi=k rich has
complete tax basis.
3. IT and communication. Thx.
Original Message
From: Eileen Alexanderson
Sent: Wednesday, November 26, 2014 09:34 AM
To: Brad Wechsler
Subject: Re: Follow-up
Good morning, Brad. I am out of the office today. I will forward background=on the 401K discussion shortly but after
speaking with Leon late last week=l submitted 401 K setup to our HR provider without matching. We elected to=make
safe harbor contributions to our non highly compensated employees onl=. I will see if I can adjust but notices were to go
out today. Do you have=time for a brief call on this subject?
Timber-We will nail down cost basis on timber precisely but upon checking l=st week with Rich D. I communicated to
both Jeffrey and Leon that although=sale of this interest will yield approximately $16mil, we have received $2=6 mil in
distributions since inception and therefore gain/loss in the sale=will be minimal.
IT-We are sending 30 day notice today to our current IT provider. Rich spok= to the chosen new service company
yesterday afternoon and verbally negoti=ted terms of their original proposal we wanted to change. Contract should =e
coming to us today. I participated in the interview process but Rich J h=s been most hands on and we are going with his
preferred choice.
Communications-point taken
My Cell # is 917-226-5602
Sent from my iPhone
> On Nov 26, 2014, at 9:03 AM, "Brad Wechsler" < > wrote:
> Eileen-ive been in touch with jeffrey and he asked abt a couple of
> things= 1. That we focus on getting the 401(k)'s up and going as rapidly as possi=le. We're both comfortable with
ellsyium making cash contributions. If the=e are issues, let's discuss.
> 2. That you and rich j nail down the cost basis of the timber investment =o we can dispose of it.
> 3. IT contract: What's the status; who's choosing: you or rich or both of=you and can I help.
EFTA_R1_01779661
EFTA02595198
> 4. Jeffrey would like us to think carefully abt who's copied on circulate= information, particularly if you perceive
sensitivities. If you have any =judgment" calls feel free to check in with jeffrey or me. I mentioned this=to rich j and ada
yesterday.
> Have a happy holiday and feel free to reach out on any and all of the
> abo=e. Best, b
> www.imax.com
> IMAX® is a registered trademark of IMAX Corporation.
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for the use of the individual or e=tity named above.
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www.imax.com
IMAX• is a registered trademark of IMAX Corporation.
IMPORTANT NOTICE
Information contained in this e-mail correspondence and any attachments is =onfidential information intended only for
the use of the individual or ent=ty named above.
Any reader of this message who is not the intended recipient of this corres=ondence is hereby notified that any
dissemination, distribution, copying or communication of the contents of this correspondence is strictly prohibi=ed. If
this e-mail was not addressed to you , please immediately notify us by phone in Canada at (905) 403-6500 (collect calls
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EFTA_R1_01779662
EFTA02595199
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ℹ️ Document Details
SHA-256
bcca8120e5c89c03e239c6b8501d32c2fa3f4eb9ab1f2c3332717332569adabf
Bates Number
EFTA02595198
Dataset
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Type
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Pages
3
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