EMAIL DETAILS

It isn’t the right document that gets us to where we need to be vis a vis our LOI. If this is all that they want us to sign it is hugely advantageous to us (because it includes no profit sharing). Unfortunately, this just isn’t Neil or Marcelle’s skill set. We just need a simple revenue sharing agreement (not commission sharing) and any securities attorney can draft. I would like to suggest we just go out and find someone if Burnham doesn’t have anyone - assuming they will pay for it. LoPresti could probably do it - but don’t know if you want to go to Boies or someone else.

We also haven’t gotten a draft of the agreement where RSP agrees to sell RSA to Burnham. I’d like to suggest the same attorney do that too. Neil says Devon has some friend of his he has working on some Burnham stuff but it wasn’t clear if this guy was a securities attorney and is the appropriate guy.


Eric D. Schwerin
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
eschwerin@rosemontseneca.com <x-msg://59/eschwerin@obblaw.com>
P Consider the environment before printing this email.


> On May 22, 2015, at 10:35 AM, Hunter Biden <hbiden@rosemontseneca.com> wrote:
>
> Give me the bottom line- don't feel like reading through the whole thing.
>
> RHB
> 202.333.1880
>
> On May 22, 2015, at 8:25 AM, Eric Schwerin <eschwerin@rosemontseneca.com <mailto:eschwerin@rosemontseneca.com>> wrote:
>
>> FYI, nothing wrong with this but want to update you on this - an interesting data point to share too.
>>
>> Eric D. Schwerin
>> eschwerin@rosemontseneca.com <mailto:eschwerin@rosemontseneca.com>
>>
>> Sent from my iPhone
>>
>> Begin forwarded message:
>>
>>> From: "Callahan, Neil" <ncallahan@burnhamfinancial.com <mailto:ncallahan@burnhamfinancial.com>>
>>> Date: May 21, 2015 at 11:50:19 PM EDT
>>> To: "eschwerin@rosemontseneca.com <mailto:eschwerin@rosemontseneca.com>" <eschwerin@rosemontseneca.com <mailto:eschwerin@rosemontseneca.com>>
>>> Cc: "Devine, Marcelle" <mdevine@bsibam.com <mailto:mdevine@bsibam.com>>, "Godfrey, Andrew" <agodfrey@burnhamfinancial.com <mailto:agodfrey@burnhamfinancial.com>>
>>> Subject: Commision Sharing Agreement
>>>
>>> Hey Eric,
>>>
>>>
>>> Attached is the Commission Sharing Agreement, take a look - it's a template that Burnham has in place with several partner BDs, so I think it's all set. Take a look and get comment back to Marcelle so we can execute.
>>>
>>>
>>> Have a great weekend.
>>>
>>>
>>> Best,
>>>
>>>
>>> Neil
>>>
>>>
>>> --------------------
>>> Neil Callahan
>>> 212-603-7561 (o)
>>> 917-945-9516 (m)
>> <Burnham Co-brokerage agreement standard contract.doc>