EMAIL DETAILS

Thanks, Neil. Keep us posted.


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 Dec 22, 2014, at 9:57 AM, Neil Callahan <ncallahan@rosemontseneca.com> wrote:

> FYI - see below, I will speak with Eugene at 4:30pm today and get some
> more feedback on the type of structure they are looking for, let me know
> your thoughts.
>
> Best,
>
> Neil
>
>
> Neil Callahan
> Co-Founder & Managing Director
> RSTP
> 152 West 57th Street, 47th Floor
> New York, New York 10019
> 202-333-1880 (o)
> 917-945-9516 (m)
> 877-749-8879 (f)
> www.rstp.com
>
> -----Original Message-----
> From: Eugene Lee [mailto:eugene@artiman.com]
> Sent: Sunday, December 21, 2014 6:29 PM
> To: Neil Callahan
> Subject: RE: Follow Up
>
> Hi - yes I can talk Monday (tomorrow) at 4:30 EST.
>
> I think the core issue is that it sounds (again) like Rosemont wants a
> bunch of cash up front, which doesn't work for Amit.
>
> So I think the outline of the thinking is:
>
> - There's consensus that Aditazz is a really good test case with
> intuitively good fit between Artiman and Rosemont
> - Let's use that as a test case to prove out the relationship
> - Can Rosemont get comfortable with structuring this as a "shared risk"
> first project?
> - Can Hunter do at the least the discovery phase on your nickel
> - And then some sort of shared risk model if the discovery phase moves on
> to a promising engagement
> - If this project is successful, then Amit and the partners can see a lot
> more other companies to potentially work together on
>
> Look forward to talking to you tomorrow, Eugene
>
> _______________________________
> Eugene Lee| (650) 845-2020
>
> [artiman_new
> logo]<https://mail.artiman.com/owa/redir.aspx?C=MeV1IhU3ukGkFqNpel0Suci4mU
> u5nNAI1Hf_tn_MvFeBfyY3ZT68mayfTvTUu3KLEWU1AP1g1_M.&URL=http%3a%2f%2fwww.ar
> timan.com%2f> [linkedin]
> <https://mail.artiman.com/owa/redir.aspx?C=MeV1IhU3ukGkFqNpel0Suci4mUu5nNA
> I1Hf_tn_MvFeBfyY3ZT68mayfTvTUu3KLEWU1AP1g1_M.&URL=http%3a%2f%2fwww.linkedi
> n.com%2fcompany%2fartiman-ventures%3ftrk%3dcompany_logo>
> [circle_bird-sm]
> <https://mail.artiman.com/owa/redir.aspx?C=MeV1IhU3ukGkFqNpel0Suci4mUu5nNA
> I1Hf_tn_MvFeBfyY3ZT68mayfTvTUu3KLEWU1AP1g1_M.&URL=https%3a%2f%2ftwitter.co
> m%2fintent%2ffollow%3foriginal_referer%3dhttps%253A%252F%252Ftwitter.com%2
> 52Fabout%252Fresources%252Fbuttons%26region%3dfollow_link%26screen_name%3d
> Artiman%26tw_p%3dfollowbutton%26variant%3d2.0>
> ________________________________
> From: Neil Callahan [ncallahan@rosemontseneca.com]
> Sent: Friday, December 19, 2014 11:34 AM
> To: Eugene Lee
> Subject: Re: Follow Up
>
> Yes - let's discuss on Monday, would 4:30pm EST work? Definitely want to
> make sure we navigate what Amit is envisioning so we don't get off in the
> ditch. Can you articulate what he wants the relationship to look like?
> We can discuss on Monday.
>
> All the best,
>
> Neil
>
> Neil Callahan
> Rosemont Seneca Partners
> 917-945-9516
>
> On Fri, Dec 19, 2014 at 2:32 PM, Eugene Lee
> <eugene@artiman.com<mailto:eugene@artiman.com>> wrote:
> Shoot - I spoke too soon. Hunter's email came in after Amit's update on
> Monday; I just had a 1:1 with Amit and he's not completely happy with
> Hunter's email.
>
> Do you have time to talk on the phone about this on Monday or Tuesday?
>
> _______________________________
> Eugene Lee| (650) 845-2020<tel:%28650%29%20845-2020>
>
> [artiman_new
> logo]<https://mail.artiman.com/owa/redir.aspx?C=MeV1IhU3ukGkFqNpel0Suci4mU
> u5nNAI1Hf_tn_MvFeBfyY3ZT68mayfTvTUu3KLEWU1AP1g1_M.&URL=http%3a%2f%2fwww.ar
> timan.com%2f> [linkedin]
> <https://mail.artiman.com/owa/redir.aspx?C=MeV1IhU3ukGkFqNpel0Suci4mUu5nNA
> I1Hf_tn_MvFeBfyY3ZT68mayfTvTUu3KLEWU1AP1g1_M.&URL=http%3a%2f%2fwww.linkedi
> n.com%2fcompany%2fartiman-ventures%3ftrk%3dcompany_logo>
> [circle_bird-sm]
> <https://mail.artiman.com/owa/redir.aspx?C=MeV1IhU3ukGkFqNpel0Suci4mUu5nNA
> I1Hf_tn_MvFeBfyY3ZT68mayfTvTUu3KLEWU1AP1g1_M.&URL=https%3a%2f%2ftwitter.co
> m%2fintent%2ffollow%3foriginal_referer%3dhttps%253A%252F%252Ftwitter.com%2
> 52Fabout%252Fresources%252Fbuttons%26region%3dfollow_link%26screen_name%3d
> Artiman%26tw_p%3dfollowbutton%26variant%3d2.0>
> ________________________________
> From: Neil Callahan
> [ncallahan@rosemontseneca.com<mailto:ncallahan@rosemontseneca.com>]
> Sent: Friday, December 19, 2014 11:17 AM
> To: Eugene Lee
> Subject: Re: Follow Up
>
> Great - 2015 will be a beak out year!
>
> Merry Christmas and Happy New Year!
>
> Best,
>
> Neil
>
> Neil Callahan
> Rosemont Seneca Partners
> 917-945-9516<tel:917-945-9516>
>
> On Fri, Dec 19, 2014 at 10:08 AM, Eugene Lee
> <eugene@artiman.com<mailto:eugene@artiman.com><mailto:eugene@artiman.com<m
> ailto:eugene@artiman.com>>> wrote:
> I'm really happy to see this relationship between you/Rosemont Seneca and
> Amit/Artiman developing... Amit gave an update on Monday to the team that
> things were progressing - makes me happy!
>
> Eugene
>
> _______________________________
> Eugene Lee| (650)
> 845-2020<tel:%28650%29%20845-2020><tel:%28650%29%20845-2020>
>
> [artiman_new
> logo]<https://mail.artiman.com/owa/redir.aspx?C=MeV1IhU3ukGkFqNpel0Suci4mU
> u5nNAI1Hf_tn_MvFeBfyY3ZT68mayfTvTUu3KLEWU1AP1g1_M.&URL=http%3a%2f%2fwww.ar
> timan.com%2f> [linkedin]
> <https://mail.artiman.com/owa/redir.aspx?C=MeV1IhU3ukGkFqNpel0Suci4mUu5nNA
> I1Hf_tn_MvFeBfyY3ZT68mayfTvTUu3KLEWU1AP1g1_M.&URL=http%3a%2f%2fwww.linkedi
> n.com%2fcompany%2fartiman-ventures%3ftrk%3dcompany_logo>
> [circle_bird-sm]
> <https://mail.artiman.com/owa/redir.aspx?C=MeV1IhU3ukGkFqNpel0Suci4mUu5nNA
> I1Hf_tn_MvFeBfyY3ZT68mayfTvTUu3KLEWU1AP1g1_M.&URL=https%3a%2f%2ftwitter.co
> m%2fintent%2ffollow%3foriginal_referer%3dhttps%253A%252F%252Ftwitter.com%2
> 52Fabout%252Fresources%252Fbuttons%26region%3dfollow_link%26screen_name%3d
> Artiman%26tw_p%3dfollowbutton%26variant%3d2.0>
> ________________________________
> From: Neil Callahan
> [ncallahan@rosemontseneca.com<mailto:ncallahan@rosemontseneca.com><mailto:
> ncallahan@rosemontseneca.com<mailto:ncallahan@rosemontseneca.com>>]
> Sent: Thursday, December 18, 2014 3:47 PM
> To: Eugene Lee
> Subject: Fwd: Follow Up
>
>
>
> --------------------
> Neil Callahan
> RSTP
> 917-945-9516<tel:917-945-9516><tel:917-945-9516<tel:917-945-9516>>
>
> Begin forwarded message:
>
> From: Hunter Biden
> <hbiden@rosemontseneca.com<mailto:hbiden@rosemontseneca.com><mailto:hbiden
> @rosemontseneca.com<mailto:hbiden@rosemontseneca.com>><mailto:hbiden@rosem
> ontseneca.com<mailto:hbiden@rosemontseneca.com><mailto:hbiden@rosemontsene
> ca.com<mailto:hbiden@rosemontseneca.com>>>>
> Date: December 18, 2014 at 3:40:26 PM EST
> To:
> amit@artiman.com<mailto:amit@artiman.com><mailto:amit@artiman.com<mailto:a
> mit@artiman.com>><mailto:amit@artiman.com<mailto:amit@artiman.com><mailto:
> amit@artiman.com<mailto:amit@artiman.com>>>
> Cc: Eric Schwerin
> <eschwerin@rosemontseneca.com<mailto:eschwerin@rosemontseneca.com><mailto:
> eschwerin@rosemontseneca.com<mailto:eschwerin@rosemontseneca.com>><mailto:
> eschwerin@rosemontseneca.com<mailto:eschwerin@rosemontseneca.com><mailto:e
> schwerin@rosemontseneca.com<mailto:eschwerin@rosemontseneca.com>>>>, Neil
> Callahan
> <ncallahan@rosemontseneca.com<mailto:ncallahan@rosemontseneca.com><mailto:
> ncallahan@rosemontseneca.com<mailto:ncallahan@rosemontseneca.com>><mailto:
> ncallahan@rosemontseneca.com<mailto:ncallahan@rosemontseneca.com><mailto:n
> callahan@rosemontseneca.com<mailto:ncallahan@rosemontseneca.com>>>>
> Subject: Follow Up
>
> Amit-
>
> It was great talking to you last week. Thanks for taking the time to let
> us learn more about Artiman and your portfolio companies. It sounds like
> many of your portfolio companies are doing some groundbreaking things and
> I can see why you are so excited about them.
>
> It would be great to figure out ways that we could work together. I think
> there are two more immediate ways we could do that. First, would be
> through our Advisory business, Rosemont Seneca Advisors. While I think we
> could be helpful for a number of your portfolio companies, it would
> probably make the most sense to focus initially on one of them and pick a
> few discreet business development goals. From our conversation, it
> sounds like Aditazz may be the perfect company to start with. As I
> mentioned, we have a good relationship with the family who founded Cancer
> Treatment Centers of America and they could be an ideal client for
> Aditazz. In addition, we have other strong relationships with hospitals
> throughout the country that could serve as potential clients for Aditazz.
> For this type of work we typically charge a retainer and a success fee.
> If you think Aditazz would be interested in working with us in this
> capacity we can discuss what the particulars of an engagement might look
> like.
>
> Secondly, as discussed, we also have a broker-dealer that could be helpful
> raising capital for Artiman itself or as part of an investment banking
> relationship with one of your portfolio companies. As an example, I
> believe you said Aditazz was about to raise another round of capital. Let
> us know if that is something you wish to discuss further.
>
> Let me know your thoughts on what might be the appropriate follow up on
> either of the possibilities laid out above. Perhaps it would make sense
> to schedule another call right after the new year.
>
> I look forward to continuing the dialogue.
>
> Best,
>
> Hunter
>
> --
>
>
>
>
> R. Hunter Biden
> Rosemont Seneca Partners, LLC
> 1010 Wisconsin Ave., NW
> Suite 705
> Washington, DC 20007
> (202) 333-1880<tel:%28202%29%20333-1880><tel:%28202%29%20333-1880>