EMAIL DETAILS

Hunter,

Are you back from Botswana border? Look forward to hearing about your friends farm and seeing the pictures. I am around this week but we can also certainly wait to catch up until after Labor Day.

Let me know.

Best,

Brian

Brian P. Mathis
Managing Member
Provident Group Asset Management, LLC
654 Madison Avenue, Suite 1009
New York, New York 10021
Phone: 212.742.9177
Mobile: 917.214.7495
Fax: 212.742.1890
www.provident-group.com


-----Original Message-----
From: Brian Mathis
Sent: Friday, August 13, 2010 5:41 PM
To: 'Hunter Biden'
Subject: RE: Revised Outline of PGAM/RS Partnering on Ag Fund

No worries; sounds fun!!! Travel safely!!!

Best,

Brian

Brian P. Mathis
Managing Member
Provident Group Asset Management, LLC
654 Madison Avenue, Suite 1009
New York, New York 10021
Phone: 212.742.9177
Mobile: 917.214.7495
Fax: 212.742.1890
www.provident-group.com


-----Original Message-----
From: Hunter Biden [mailto:hbiden@rosemontseneca.com]
Sent: Friday, August 13, 2010 3:55 PM
To: Brian Mathis
Subject: Re: Revised Outline of PGAM/RS Partnering on Ag Fund

Thanks, but I am going to be way up on the Botswana border at a friends farm with the whole family. I'll check in when I get back.

R. Hunter Biden
202-333-1880


On Aug 13, 2010, at 4:05 PM, Brian Mathis <BMathis@provident-group.com> wrote:

> Hunter,
>
> How long will you be in S.A.? If you are not vacationing you may want to have a cup of coffee with a good friend, Kojo Mills. He runs one of the major Black Economic Empowerment groups w/Cyril Ramphosa. Kojo's uncle is the President of Ghana and his father is on the board of the Ghanaian Petroleum Corporation. Kojo is also likely to partner with us on the Ag Fund. Let me know if you have time or interest. Travel safely!
>
> Best,
>
> Brian
>
> ----- Original Message -----
> From: Hunter Biden <hbiden@rosemontseneca.com>
> To: Brian Mathis
> Cc: Brian Mathis; Ezana Bocresion <bocresion@aeneasholdings.com>; Leora Hasas; Devon Archer (darcher@rosemontseneca.com) <darcher@rosemontseneca.com>
> Sent: Fri Aug 13 05:53:39 2010
> Subject: Re: Revised Outline of PGAM/RS Partnering on Ag Fund
>
> Brian- I am in Denmark on my way to South Africa. A call for the next few days is going to be tough for me. Devon- what's your schedule?
>
> R. Hunter Biden
> 202-333-1880
>
>
> On Aug 13, 2010, at 12:00 AM, Brian Mathis <BMathis@provident-group.com> wrote:
>
>
>
> Hunter,
>
>
>
> Following up on our last conversation with you and Devon. Ezana and I completely understand the competing interest for your time and mind share. However, as we discussed we are confident that your individual and collective involvement in the agribusiness fund gives us collectively a tremendous opportunity to do very good and very well as well as the highest probability of the greatest success with raising capital, investing, generating returns and meeting the food security needs of our LPs (i.e. the SWFs), Host Countries and multi-laterals and bi-laterals.
>
>
>
> Based on our last conversation I would suggest the following as the structure of the relationship and way forward:
>
>
>
> 1. Hunter [and Chris] join the Advisory Board
>
> a. The following have already committed to joining the Advisory Board: Shaukat Aziz (Former Prime Minister of Pakistan), President Obasanjo (Former President of Nigeria), Ambassador Jeffrey Davidow (Former U.S. Ambassador in Africa and Latin America)
>
> b. The following we are in discussions with the following regarding the Advisory Board: ret. General Anthony Zinni, Paulo Gomes, Jindaye Frazier (former Assistant Secretary of State for Africa). Considering Former Secretary of Defense William Cohen and Former Secretary of State Condoleezza Rice. We would welcome your input on anyone not confirmed or that we are considering
>
> c. Advisory Board Members will be compensated $50K-$100K per year for attending 2 meetings per year and being available to the management team of the Ag Fund for advice and guidance
>
>
>
> 2. PGAM will retain Rosemont Seneca ("RS") to execute a targeted capital raising plan that ensures seamless value added interactions with the SWFs, DFIs and other institutional investors that enhances their confidence and willingness to invest with Provident/RS Ag Fund. Standard 3rd party
>
>
>
> PGAM will/may also retain RS as a consultant to the Ag Fund to provide advisory services post closing the Ag fund with regard to ongoing interaction with SWFs, DFIs and other institutional investors on portfolio, co-investment opportunities etc... [To Be Discussed]
>
>
>
> 3. PGAM & RS Roles & Responsibilities
>
> a. PGAM and RS to identify and agree targeted list of high probability potential investors
>
> b. PGAM primary responsibility for follow up after RS introductory meeting
>
>
>
> 4. Next Steps
>
> a. PGAM and RS tentatively agree structure, fees
>
> b. PGAM and RS meet to walk through current status of the Ag Fund, deal pipeline, operating partners, TRG as strategic partner, Advisory Bd., investor contacts
>
> c. PGAM and RS identify and agree targeted list of high probability potential investors for RS
>
>
>
> The above is only intended as an initial draft outline for discussion purposes to arrive at consensus on the working relationship between PGAM and Rosemont Seneca.
>
>
>
> Let's try to talk later today or tomorrow; again, the above is only intended to be indicative not set in stone, by any means. Looking forward to catching up!
>
>
>
> Best,
>
>
>
> Brian
>
>
>
>
>
>
>
> Provident Group Asset Management LLC
>
>
>
>
> Brian P. Mathis
>
> Managing Member
>
> Provident Group
>
> 654 Madison Avenue, Suite 1009
>
> New York, New York 10021
>
>
> <mailto:bmathis@provident-group.com> bmathis@provident-group.com
>
> www.provident-group.com <http://www.provident-group.com/>
>
> Phone:
>
> Mobile:
>
> Fax:
>
> 212.742.9177
>
> 917.214.7495
>
> 212.742.1890
>
>
>
>
> NOTICE: This communication may contain confidential or other privileged information. If you are not the intended recipient, or believe that you may have received this communication in error, do not print, copy, retransmit, or otherwise use the information. We request that you indicate to the sender that you have received this email in error, and delete the copy you received. Any communication that unrelated to official Provident Group business or that of its subsidiaries including Provident Group Asset Management is that of the sender and is not endorsed by Provident or its subsidiaries.
>
>
>
> The information contained herein is for informational purposes only and is neither a solicitation to purchase nor offer to sell securities. Information contained in this transmission may include information on products which carry a high level of risk that may result in the loss of all invested principal and are not suitable for all investors. Statements may include certain forward looking statements and past performance is not necessarily indicative of future performance. Products distributed to US investors are distributed through Provident's broker-dealer, Provident International Securities, Inc an NASD firm.
>
>
>
>
>
>
>