EMAIL DETAILS

Thanks, Mark. Great work. Not sure if Hunter received this or not - think you had a typo on his email but I am adding the correct one on. I was out today so not sure what Hunter and Mike discussed as far as Monday is concerned - I know Hunter is out much of the day (at least through lunch) for a golf tournament though. Hunter can weigh in on scheduling for Monday or I can get back to you tomorrow.

Eric D. Schwerin
eschwerin@rosemontseneca.com

Sent from my iPhone

On Sep 29, 2011, at 6:35 PM, mdoyle1031@aol.com wrote:

> Here is the counter-offer from Camac.
> Per my conversations with Eric and Mike it seems to meet the thresholds for you.
> Rosemont will get 20k per month
> Mike will get the remaining 5k.
> The 5 percent can be divided any way you all want.
>
> Kase wants me to do a call with Kamouro (?) Tomorrow, but I am trying to push it until monday as mike says he will be with Hunter in DC.
> It makes sense for you guys to do the call.
>
> Sent from my Verizon Wireless BlackBerry
>
> From: Jean-Michel Malek <jmm@camac.com>
> Date: Thu, 29 Sep 2011 20:34:40 +0000
> To: mdoyle1031@aol.com<mdoyle1031@aol.com>
> Subject: RE: Draft Letter Agreement with Rosemont Seneca
>
> Mark,
>
>
>
> Here is our response to your comments from last week:
>
>
>
> 1. We propose a monthly fee of $25,000.
>
> 2. We are happy to discuss the logistics or mechanics of the 5%, but, essentially, it is intended to be as written in our proposed letter agreement: 5% of net profit of transactions (brought by Rosemont Seneca that are successfully completed) after deducting all direct costs of the transaction.
>
> 3. We agree to having a minimum term of three months.
>
>
>
> Best regards,
>
>
>
> Jean-Michel
>
>
>
> From: mdoyle1031@aol.com [mailto:mdoyle1031@aol.com]
> Sent: Thursday, September 29, 2011 9:33 AM
> To: Jean-Michel Malek
> Subject: Re: Draft Letter Agreement with Rosemont Seneca
>
>
>
> Good morning,
> Hope all is well. Any news?
>
> Thanks
> Best
> Mark
>
> Sent from my Verizon Wireless BlackBerry
>
> From: Jean-Michel Malek <jmm@camac.com>
>
> Date: Thu, 22 Sep 2011 21:21:43 +0000
>
> To: Mdoyle1031<mdoyle1031@aol.com>
>
> Subject: RE: Draft Letter Agreement with Rosemont Seneca
>
>
>
> Mark,
>
>
>
> Thanks. We will discuss your points internally and I will get back to you as soon as possible (most likely early next week since everyone is tied up the rest of this week).
>
>
>
> Best regards,
>
>
>
> Jean-Michel
>
>
>
> From: Mdoyle1031 [mailto:mdoyle1031@aol.com]
> Sent: Thursday, September 22, 2011 11:12 AM
> To: Jean-Michel Malek
> Subject: Re: Draft Letter Agreement with Rosemont Seneca
>
>
>
> Jean Michel,
>
>
>
> I reached Hunter Biden's office and have the following comments regarding your letter. We are very excited about working with Camac, but just have a few points to cover.
>
>
>
> 1- We would like to propose 30k per month instead of 20k
>
> 2- We would like to discuss the various pricing methods for equity participation of 5% to gain a better understanding of what that 5% relates to. (this we can do via phone call, and certainly in more detail when we come to Houston)
>
> 3- Termination Clause: Rosemont Seneca ( as most companies) generally do contract periods for 6-12 month period, so we would like to discuss the possibility of a minimum 3 month contract with a review at that time.
>
>
>
> Thanks so much
>
> Best
>
> Mark
>
> Mdoyle1031
> mdoyle1031@aol.com
>
>
>
> -----Original Message-----
> From: Jean-Michel Malek <jmm@camac.com>
> To: mdoyle1031 <mdoyle1031@aol.com>
> Sent: Tue, Sep 20, 2011 4:30 pm
> Subject: Draft Letter Agreement with Rosemont Seneca
>
> Mark,
>
>
>
> At the request of Kase Lawal, I have attached a draft letter agreement between CAMAC International Limited and Rosemont Seneca. Please let me know if you have any questions or comments.
>
>
>
> Best regards,
>
>
>
> Jean-Michel Malek
>
> Executive Vice President & General Counsel
>
> CAMAC International Corporation
>
> 1330 Post Oak Blvd.
>
> Suite 2200
>
> Houston, Texas 77056
>
> Telephone: 713.965.5119
>
> Fax: 713.965.0055
>
> jmm@camac.com
>
> www.camac.com
>
>
>
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