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OK - just talked to him - we're all good. And I do more and more that I talked to him think he'll be helpful. He really understands infrastructure projects and I think we can learn something from him. Now, on to Jay………may need you for that one.


Eric D. Schwerin
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
eschwerin@rosemontseneca.com
P Consider the environment before printing this email.

On Aug 9, 2011, at 2:13 PM, Hunter Biden wrote:

Fine

R. Hunter Biden
Rosemont Seneca Partners
202-333-1880

On Aug 9, 2011, at 1:05 PM, Eric Schwerin <eschwerin@rosemontseneca.com> wrote:

> So, I am about to talk to John, but here's my calculations on what I think should be our absolute bottom line.
>
> 1) Give Jay and anyone he thinks he needs to pay in Colombia no more than 20% of the success fee.
> 2) Split 70/30 retainer and success fee with John.
>
> What that would work out to on a $25K retainer with a 1% success fee on a billion dollar project is:
>
> RSP - $17,500/mo plus a $5.6m success fee
> John, et. al - $7,500/mo plus a $2.4m success fee
> Jay, et. al. - $2.0m success fee
>
> That would still be a lot of money to us and it gets us to more than 50% of the total. The only thing we need to negotiate with Jay is re: Rent. I think he thinks that factors into this somehow. Is my 20% for Jay too high?
>
>
>
> Eric D. Schwerin
> Rosemont Seneca Partners, LLC
> 1010 Wisconsin Ave., NW
> Suite 705
> Washington, DC 20007
> (202) 333-1880
> eschwerin@rosemontseneca.com
> P Consider the environment before printing this email.
>