EMAIL DETAILS

OK - let's discuss.


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 5, 2011, at 1:04 PM, Hunter Biden wrote:

He already has OAS as a client so him doing most or substantial amount of client interface will not work in my opinion- and 30/35% is way outside of any referral fee we should ever pay.

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

On Aug 5, 2011, at 10:16 AM, Eric Schwerin <eschwerin@rosemontseneca.com> wrote:

> Talked to John this AM to confirm what we were splitting with him should OAS sign up with us which is hopefully looking positive.
>
> He would like (and I think it makes sense) to split any retainer 70/30 and then wanted split of any success fees, etc to be 65/35. Probably a tiny bit more generous than I would have proposed on the success fee side but I emphasized to him and he agreed that he would have to do a good deal of the client maintenance with OAS. I also told him we'd have to cut Jay and others in Colombia in and that would be taken off the top and our splits would be on the remainder.
>
> Bottom line - if OAS agrees to $25K/mo. for Colombia, it would be $17,500 a month for us. Success fees, equity on a $1 billion project would be all gravy.
>
> John also said that these splits shouldn't be a precedent for any work we may do together in Africa. I would assume it would be more like 50/50 there.
>
> Any disagreements?
>
>
>
> 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.
>