EFTA02588618

From: george church MEIN Sent: Thursday, September 4, 2014 11:08 AM To: jeffrey E. Subject: Re: Term sheet of the convertible note with eGenesis Sure. We'll get those to you so=n. --geo From: </=pan> "jeffrey E." <jeevacation@gm=il.com <[email protected]» Date: Wednesday, S= tember 3 2014 at 9:36 PM To: ge=rge church =span style="font-weight:bold">Subject: Re: FW: Term sheet of the co=vertible note with eGenesis can we h=ve a balance sheet and income statement as well as corp docs? On Wed, Sep 3, 2014 at=8:13 PM, george church < > wrote: Beyond that, we could provide that if the company is sold prior to the mat=rity of their loan (18 mos.) that they receive some multiple return on thei= principal, say 1.5X. so if company is sold before 18 months, they re=eive $2,250,000 plus accrued interest. This may be reasonable a=suming we would not do a sale unless the valuation was attractive.</=> Look forward to discuss with you today. On Fri, Aug 29, 2014 at 3:29 PM, george churc= c • > wrote: Below is the response. Hopefully someone at your end underst=nds what needs to be fixed. --George Date: Friday, Aug=st 29, 2014 at 7:22 AM no, =not a fair deal... this is a crucial bridge that comes with no =enefit other than a side by side participation ( forced ) in the future EFTA_R1_01769638 EFTA02588618 =/div> On Fri, Aug 29, 2014 at 7:09 AM, george church Darren and Jeffery,<=div> who should sign it. wrot=: Please let me know if the attached document looks a=ceptable for the first $1.5m , and if so, --George <=iv> </=ont> = please note The information contained in t=is communication is confidential, may be attorney-client privileged, may=br>constitute inside information, and is intended only for the use of the addressee. It is the property of TEE Unauthorized use,=disclosure or copying of this communication or any part thereof is stric=ly prohibited and may be unlawful. If you have received this communic=tion 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 a=l copies thereof, including all attachments. copyright -all rights reser=ed 2 EFTA_R1_01769639 EFTA02588619