📄 Extracted Text (711 words)
From: Brad Wechsler ae
To:
CC: [email protected] <[email protected]>
Subject: Re: Follow-up
Date: Wed, 26 Nov 2014 14:41:56 +0000
I. 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 of
40Ik 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 think rich has complete tax basis.
3. IT and communication. Thx.
Original Message
From: Eileen Alexanderson [mailto
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 I submitted 401 K setup to our HR provider without matching. We
elected to make safe harbor contributions to our non highly compensated employees only. 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 last 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 spoke to the chosen new service company
yesterday afternoon and verbally negotiated terms of their original proposal we wanted to change. Contract
should be coming to us today. I participated in the interview process but Rich J has been most hands on and we
are going with his preferred choice.
Communications-point taken
My Cell #
Sent from my iPhone
> On Nov 26, 2014, at 9:03 AM, "Brad Wechsler" cfl , wrote:
> Eileen-ive been in touch with Jeffrey and he asked abt a couple of things:
> I. That we focus on getting the 401(k)'s up and going as rapidly as possible. We're both comfortable with
ellsyium making cash contributions. If there are issues, let's discuss.
> 2. That you and rich j nail down the cost basis of the timber investment so 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.
> 4. Jeffrey would like us to think carefully abt who's copied on circulated 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 above. Best, b
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IMPORTANT NOTICE********************************
Information contained in this e-mail correspondence and any attachments is confidential information intended
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Any reader of this message who is not the intended recipient of this correspondence is hereby notified that any
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