EMAIL DETAILS

I'd say this is not going to happen bases on last line. Good effort.

Devon Archer
+646 436 3745

Please excuse typos as this message was sent from my handheld device.

On Jun 29, 2011, at 12:18 PM, "Sean Conlon" <sean@conlonandco.com<mailto:sean@conlonandco.com>> wrote:

Fyi

From: David Gamperl [mailto:dgamperl@gamperl.com]
Sent: Wednesday, June 29, 2011 12:17 PM
To: Sean Conlon
Subject: Fwd: Engagement

Per our conversation this morning. Please ask Devon to see the below email which details acceptable terms. If the terms are not acceptable, please let Devon know that I am happy to discuss and bring to an acceptable conclusion. Thanks, David

Sent from my iPad

Begin forwarded message:

From: Nagi M Ghawi <nghawi@mercantileinvestment.com<mailto:nghawi@mercantileinvestment.com><mailto:nghawi@mercantileinvestment.com>>
Date: June 22, 2011 9:27:56 PM CDT
To: Conlon Sean <sean@conlonandco.com<mailto:sean@conlonandco.com><mailto:sean@conlonandco.com>>
Cc: Gamperl David <dgamperl@gamperl.com<mailto:dgamperl@gamperl.com><mailto:dgamperl@gamperl.com>>
Subject: Engagement

Dear Sean,

I would like to confirm that I accept this letter of engagement based on 7% fees + 3% fees as a bonus if the first structured instrument (LTN) is executed within 60 days.

This fee should cover all intermediaries' fee and any additional fee should come out from this one.

We have access through Andre Lasserre connection to at least 10 LTN's but if we do not perform on the said meeting ASAP, we may not be in a position to have those LTN's at our disposal.

Regards

Nagi Ghawi


<RSP - Mercantile Oil & Gas Corporation Proposal (June 2011)[1].pdf>


__________________________________________

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Nagi M. Ghawi
Chairman, President
Mercantile Investment Group Holding Ltd
3 Church Street, Basseterre
St. Kitts, West Indies
<mailto:nghawi@mercantileinvestment.com><mailto:nghawi@mercantileinvestment.com>nghawi@mercantileinvestment.com<mailto:nghawi@mercantileinvestment.com>

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