From: Brock Pierce <1

From: Brock Pierce <1 To: "jeffrey E." <[email protected]> Subject: Re: CCP September Update Date: Fri, 03 Oct 2014 17:13:17 +0000 Call me any time. 4 On Friday, October 3, 2014, jeffrey E. <jeevacation®gmail.com> wrote: Talk later On Friday, October 3, 2014, Brock Pierce < > wrote: Jeffrey, No management fee (I assume NEC = no employee compensation) is fine. I assume actual expenses such as audit, legal, travel, etc... would be paid by the vehicle. LLC structure is fine. Compensation comes in the form of the 25% carry / profit participation. I have another fund vehicle (the one you have the docs for), which this vehicle would invest alongside of on a pro rata basis. Funds would be drawn down through capital calls with 25% of the committed capital drawn immediately. I accept all of this. Please confirm and I will setup the LLC vehicle and docs immediately. Should have everything completed by next week. I also need to know what the capital commitment would be. Best regards, Brock On Thu, Oct 2, 2014 at 10:33 AM, jeffrey E. <[email protected]> wrote: 25 % is fine. , no partnership nec , an Ilc with a profit partcipation. On Thu, Oct 2, 2014 at 11:10 AM, Brock Pierce < Lists the first 24 investments we have already made. Best regards, Brock Pierce Managing Partner - Crypto Currency Partners Mobile: Skype: brockpierce E: Co-invest with me ® http://angel.co/brockpierce/syndicate wrote: EFTA00698680 Follow me on twitter: @brockpierce Linkedin: http://www.linkedin.corn/in/brockpierce IMPORTANT NOTICE: This message is intended only for the use of the individual or entity to which it is addressed, and may contain information that is privileged, confidential and exempt from disclosure under applicable law. If the reader of this message is not the intended recipient, or the employee or agent responsible for delivering the message to the intended recipient, you are hereby notified. 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], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved 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 jeevacation®gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved Best regards, EFTA00698681 Brock Pierce Managing Partner - Crypto Currency Partners Mobile: Skype: brockpierce E: Co-invest with me @ http://angel.co/brockpierce/syndicate Follow me on twitter: ®brockpierce Linkedin: http://www.linkedin.com/in/brockpierce IMPORTANT NOTICE: This message is intended only for the use of the individual or entity to which it is addressed, and may contain information that is privileged, confidential and exempt from disclosure under applicable law. If the reader of this message is not the intended recipient, or the employee or agent responsible for delivering the message to the intended recipient, you are hereby notified. EFTA00698682