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efta-efta01048390DOJ Data Set 9OtherFrom: siM=Ila>
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DOJ Data Set 9
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efta-efta01048390
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From: siM=Ila>
To: jefircy E. <[email protected]>
Subject: Proposal
Date: Mon, 24 Apr 2017 03:33:28 +0000
Importance: normal
Jeffrey
Please use this email address for everything relating to the new venture.
How about the following proposal :
• $1.25MM forgivable loan
• $250K advisory fee from Nicole
• The next client I get goes towards reducing your commitment to $1MM. I plan on charging $250K-$500K per client
so hopefully that happens within the first year.
• I do plan on spending most of my initial attention on your account making sure we are covered by the right desks,
have the proper ISDA/Dodd Frank dots in place and our execution capabilities are up to par. So realistically I do not
see taking on new clients for the first 6-9 months unless it's a very low maintenance account.
I will get my employment contract tomorrow and then work on an Investment Advisory Agreement for you. Once Darren
and I have the forgivable loan doc signed I will have the conversation with Mary regarding my resignation and restricted
stock.
Best,
Paul Barrett
EFTA01048390
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