EMAIL DETAILS

Yes. Let's bring Jason in.

From: Arlene Busch <abusch@rosemontseneca.com<mailto:abusch@rosemontseneca.com>>
Reply-To: Arlene Busch <abusch@rosemontseneca.com<mailto:abusch@rosemontseneca.com>>
Date: Wed, 9 Nov 2011 16:22:27 -0500
To: John DeLoche <jdeloche@rosemontseneca.com<mailto:jdeloche@rosemontseneca.com>>
Cc: Devon Archer <darcher@rosemontcapital.com<mailto:darcher@rosemontcapital.com>>, Eric Schwerin <eschwerin@rosemontseneca.com<mailto:eschwerin@rosemontseneca.com>>, Neil Callahan <ncallahan@rosemontseneca.com<mailto:ncallahan@rosemontseneca.com>>, Rob Walker <rwalker@rosemontseneca.com<mailto:rwalker@rosemontseneca.com>>, Jenny Stein <jstein@rosemontseneca.com<mailto:jstein@rosemontseneca.com>>, Hunter Biden <hbiden@rosemontseneca.com<mailto:hbiden@rosemontseneca.com>>
Subject: Re: follow up

For a $1ML raise, it looks good. Should I mention this to Jason or not?
Arlene Busch
202-333-1880
Abusch@rosemontseneca.com<mailto:Abusch@rosemontseneca.com>
________________________________
From: John DeLoche <jdeloche@rosemontseneca.com<mailto:jdeloche@rosemontseneca.com>>
Date: Wed, 9 Nov 2011 13:17:08 -0800
To: <abusch@rosemontseneca.com<mailto:abusch@rosemontseneca.com>>
Cc: Devon Archer<darcher@rosemontcapital.com<mailto:darcher@rosemontcapital.com>>; Eric Schwerin<eschwerin@rosemontseneca.com<mailto:eschwerin@rosemontseneca.com>>; Neil Callahan<ncallahan@rosemontseneca.com<mailto:ncallahan@rosemontseneca.com>>; Rob Walker<rwalker@rosemontseneca.com<mailto:rwalker@rosemontseneca.com>>; Jenny Stein<jstein@rosemontseneca.com<mailto:jstein@rosemontseneca.com>>; Hunter Biden<hbiden@rosemontseneca.com<mailto:hbiden@rosemontseneca.com>>
Subject: Re: follow up

That would be 120k compensation after repayment of management fees

On Wed, Nov 9, 2011 at 1:08 PM, Arlene Busch <abusch@rosemontseneca.com<mailto:abusch@rosemontseneca.com>> wrote:
John,
Can you give me an example using $$ assume a 20% ROI annually for 5 years.

Thanks,
Arlene Busch
202-333-1880<tel:202-333-1880>
Abusch@rosemontseneca.com<mailto:Abusch@rosemontseneca.com>
________________________________
From: John DeLoche <jdeloche@rosemontseneca.com<mailto:jdeloche@rosemontseneca.com>>
Date: Wed, 9 Nov 2011 13:06:21 -0800
To: Arlene Busch<abusch@rosemontseneca.com<mailto:abusch@rosemontseneca.com>>
Cc: Devon Archer<darcher@rosemontcapital.com<mailto:darcher@rosemontcapital.com>>; Eric Schwerin<eschwerin@rosemontseneca.com<mailto:eschwerin@rosemontseneca.com>>; Neil Callahan<ncallahan@rosemontseneca.com<mailto:ncallahan@rosemontseneca.com>>; Rob Walker<rwalker@rosemontseneca.com<mailto:rwalker@rosemontseneca.com>>; Jenny Stein McMahan<jstein@rosemontseneca.com<mailto:jstein@rosemontseneca.com>>; Hunter Biden<hbiden@rosemontseneca.com<mailto:hbiden@rosemontseneca.com>>
Subject: follow up

Hi Arlene and Team,

I just discussed this with Rob Walker a moment ago. I think if the problem with going to people you know to help raise this capital l is that they would want to be compensated, we can offer them GP compensation. For example, if they raise $1mm then they would get a point of the GP (that is 5% of the 20%, or 1% total of the upside). Since this deal is small and somewhat strategic for this effort, I do not have a problem with giving this away as the upside of raising the fund is much more significant.

Let's discuss.

Thanks,

John

--
John DeLoche
Managing Director
Rosemont Seneca Technology Partners
One Market, Spear Tower, 36th Floor
San Francisco, CA 94105
office: 415 293 8147<tel:415%20293%208147>
mobile: 415 793 7070<tel:415%20793%207070>

This email communication is privileged and confidential and is intended only for the individuals or entities named above. Any unauthorized dissemination of any of the contents of this email is strictly prohibited. If you are not the intended recipient, please do not read, copy, use or disclose to others the contents of this communication. Please notify the sender that you have received this e-mail in error and then delete the e-mail.


--
John DeLoche
Managing Director
Rosemont Seneca Technology Partners
One Market, Spear Tower, 36th Floor
San Francisco, CA 94105
office: 415 293 8147<tel:415%20293%208147>
mobile: 415 793 7070<tel:415%20793%207070>

This email communication is privileged and confidential and is intended only for the individuals or entities named above. Any unauthorized dissemination of any of the contents of this email is strictly prohibited. If you are not the intended recipient, please do not read, copy, use or disclose to others the contents of this communication. Please notify the sender that you have received this e-mail in error and then delete the e-mail.