EFTA02378794

From: Richard Kahn < Sent: Monday, March 20, 2017 5:51 PM To: Jeffrey E. Subject: Fwd: Braque I Update christies is currently at 4.5mm guarantee and is proposing a =0/30 split as compared to 80/20 we proposed up to 7mm sotheby's is at 3.5mm guarantee and is proposing the same =0/30 split heather thinks chrisities deal is better and would in best =ase only be able to get sotheby's up to 4mm guarantee she is comfortable moving forward with christies shall i counter =hristies 70/30 with 75/25 or accept as is as christies would like to =inalize this today please advise thank you Richard =ahn HBRK Associates Inc. 575 Lexington =venue 4th Floor New York, NY 10022 Begin forwarded message: From: =/>' < Subject: =4>Re: Braque I =pdate Date: =1>March 20, 2017 at 12:34:12 PM =DT To: =4>Richard Kahn < Dear Richard, We have $4.5m net to you with 70/30 split from $6m. =nbsp;Please confirm and we will send paperwork asap. Best, Sharon On Mar 20, 2017, at 9:59 AM, Richard Kahn < > wrote: EFTA_R1_01391385 EFTA02378794 i am free all day please call me thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel fax cell On Mar 17, 2017, at 5:14 PM, > =rote: Dear Richard, Thank you =or your email. If you have a moment can you call me on my cell = Best wishes, From: =ichard Kahn Imailtol . Sent: Friday, March 17, 2017 4:45 PM To: * )* Subject: Re: Braque I Update The $4.5 million is acceptable =or the guarantee if the overage is divided as follows: 80/20 up to 7 million and then =0/30 above 7 million 2 EFTA_R1_01391386 EFTA02378795 Please let me know if =cceptable Thank you Richard=Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel fax cell On Mar 16, 2017, at 10:38 PM, =im, Sharon <mailto » wrote: Dear Richard, Thank you for your call =oday. We are in the process of securing a guarantee for =effrey's Braque. We greatly appreciate your exclusivity =nd are close to securing your guarantee, however at $4.5m. Regarding clarity of timeline, we =o to press with our May 15th Evening Sale catalogue April 7. We =ave already started our scholarly note with comparative images for a =ix page spread in our catalogue. We are pushing to expedite the =erms and contract as we do not want to delay this further. In =rder to secure best financials for you we do require laser focus and =ime but I have noted your expiration to deliver before opening to the competition. I hope to update you tomorrow but ask that we have a =ew more days to finalize. 3 EFTA_R1_01391387 EFTA02378796 Please do not hesitate to contact =e with any questions and speak tomorrow. With best wishes, I International =irector Impressionist & =odern Art CHRISTIE'S I 20 Rockefeller =laza I New York, NY =0020 tel I fax I e-mail Visit www.christies.com <http://www.christies.com/> to explore special multi-media sale =romotions, browse our illustrated catalogues and leave absentee bids =hrough LotFinder(R), Christie's online search engine, and register for Internet bidding with Christie's Live(TM). This message and any attachment are confidential. If you are not the =ntended recipient, please telephone or email the sender and delete the =essage and any attachment from your system. If you are not the intended =ecipient you must not copy this message or attachment or disclose the contents to any other person. Visit www.christies.com <http://www.christies.com/> to explore special multi-media sale =romotions, browse our illustrated catalogues and leave absentee bids =hrough lotFinder(R), Christie's online search engine, and register for Internet bidding with Christie's Live(TM). This message and any attachment are confidential. If you are not the =ntended recipient, please telephone or email the sender and delete the =essage and any attachment from your system. If you are not the intended =ecipient you must not copy this message or attachment or disclose the contents to any other person. Visit www.christies.com <http://www.christies.com/> to explore special multi-media sale =romotions, browse our illustrated catalogues and leave absentee bids =hrough LotFinder(R), Christie's online search engine, and register for =nternet bidding with Christie's live(TM). 4 EFTA_R1_01391388 EFTA02378797 This message and any attachment are confidential. If you are not the =ntended recipient, please telephone or email the sender and delete the =essage and any attachment from your system. If you are not the intended =ecipient you must not copy this message or attachment or disclose the =ontents to any other person. = 5 EFTA_R1_01391389 EFTA02378798