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Hunter,

Wanted to make sure you saw the attached. As you recall this is the just extension to the original loan made a year ago and the loan will be repaid out of any distributions made by BHR. Please let me know if you are OK with this. If not, Skaneateles will need to repay the loan of $150,000 plus interest.

Thanks,

Eric


Eric D. Schwerin
2550 M Street NW
Washington, DC 20037
(202) 333-5196
eschwerin@rosemontseneca.com <x-msg://59/eschwerin@obblaw.com>
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WE’VE MOVED: PLEASE NOTE OUR NEW ADDRESS ABOVE

> Begin forwarded message:
>
> From: "xin.wang" <xin.wang@bhrpe.com>
> Subject: registered capital loan agreement
> Date: October 31, 2018 at 11:24:53 PM EDT
> To: "'Eric Schwerin'" <eschwerin@rosemontseneca.com>, "'Hunter Biden'" <hbiden@rosemontseneca.com>
> Cc: "''YU, Felix' '" <felix.yu@bhrpe.com>, <jonathan.li@bhrpe.com>
>
> Dear Eric and Hunter,
>
> You will recall the registered capital loans made to Skaneateles is coming up one year and I assume an extension on the repayment is needed? If so, the attached amendment serves to extend the repayment date for another year to Dec. 13, 2019 (consistent with the loans made to Devon and Jimmy’s companies). Another very important amendment was also made to reflect that I am the Lender, not Jonathan.
>
> If are fine with the proposed amendment, please sign and return to me. Thanks,
>
> Xin
>
>
> __________________________________
> Xin Wang
> BHR Partners
> 31/F China Central Place Tower 2
> No. 79 Jianguo Road, Chaoyang District
> Beijing, 100025
> +86 139 1162 0708 <tel:+86%20139%201162%200708>
>