EFTA02368713

From: Paul Barrett < Sent: Tuesday, May 23, 2017 10:56 PM To: Jeffrey E. Subject: Re: Follow up Ok I will connect with Darren. Just let me know a number that works for you. If you decide on 1.5mm then I will gladly reduce that down to 1mm as I get other clients. Up to you. Thanks Paul Sent from my iPhone On May 23, 2017, at 5:40 PM, jeffrey E. <[email protected] <mailto:[email protected]> wrote: ok i agree On Tue, May 23, 2017 at 5:35 PM, Paul Barrett <mailtoa > wrote: Jeffrey I spent time with Darren and Rich yesterday. We went back and forth on a number of issues including the 10% down and out clause (I would like 15%), what event voids this threshold (terror, war etc), high water mark (which makes little sense as I don't have a performance fee). It feels like we are over complicating things. If you are worried about the 3 yr lock then let's change it to a 2 yr guarantee with no down and out clause. I am fully confident after 2 years we will renew the agreement. We will make real money by going against the grain when opportunities present themselves. That's how we made good money when I was covering you and I want to maintain that mindset going forward. You have known me for long enough that you can trust me with this. I tried calling you. Am around later tonight if you would like to discuss. Paul EFTA_R1_01367917 EFTA02368713 Sent from my iPhone please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved 2 EFTA_R1_01367918 EFTA02368714