EMAIL DETAILS

<html><head></head><body data-blackberry-caret-color="#00a8df" style="background-color: rgb(255, 255, 255); line-height: initial;"><div style="width: 100%; font-size: initial; font-family: Calibri, 'Slate Pro', sans-serif; color: rgb(31, 73, 125); text-align: initial; background-color: rgb(255, 255, 255);">I fully agree. This places him above the midpoint, but not at the top of the range. This is good recognition of ‎his leadership and the fact he has gathered a good leadership team. </div> <div style="width: 100%; font-size: initial; font-family: Calibri, 'Slate Pro', sans-serif; color: rgb(31, 73, 125); text-align: initial; background-color: rgb(255, 255, 255);"><br style="display:initial"></div> <div style="font-size: initial; font-family: Calibri, 'Slate Pro', sans-serif; color: rgb(31, 73, 125); text-align: initial; background-color: rgb(255, 255, 255);">Bonnie E. Raquet<br>beraquet@aol.com<br>Mobile: 612-562-0380<br>Sent from my BlackBerry 10</div> <table width="100%" style="background-color:white;border-spacing:0px;"> <tbody><tr><td colspan="2" style="font-size: initial; text-align: initial; background-color: rgb(255, 255, 255);"> <div id="_persistentHeader" style="border-style: solid none none; border-top-color: rgb(181, 196, 223); border-top-width: 1pt; padding: 3pt 0in 0in; font-family: Tahoma, 'BB Alpha Sans', 'Slate Pro'; font-size: 10pt;"> <div><b>From: </b>Hunter Biden</div><div><b>Sent: </b>Thursday, April 24, 2014 2:47 PM</div><div><b>To: </b>Samuel Sandy Berger; Bonnie Raquet; <rrussell@russellgroupdc.com></div><div><b>Subject: </b>Rick's Compensation</div></div></td></tr></tbody></table><div style="border-style: solid none none; border-top-color: rgb(186, 188, 209); border-top-width: 1pt; font-size: initial; text-align: initial; background-color: rgb(255, 255, 255);"></div><br><div id="_originalContent" style=""><meta http-equiv="Content-Type" content="text/html charset=windows-1252"><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">Dear Members of the Executive Committee, (Sandy, Bonnie & Randy)<o:p></o:p></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">In accordance with Rick’s annual performance review, I suggest that we also review his current compensation. The last compensation review was conducted in December 2012 where we agreed to increase his annual salary by 10% from $260 to $286K. I recommend that we increase his annual compensation from $286 to $305K (an increase of approximately 7%), retroactive to February 1<sup>st</sup> (his anniversary date). According to WFP USA’s HR Department, the range for CEO compensation within similar organizations in the DC area is $270-310K. Please confirm that you agree with this recommendation. Thank you.<o:p></o:p></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">All the Best,<o:p></o:p></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">Hunter</div><div><br class="webkit-block-placeholder"></div><div><br class="webkit-block-placeholder"></div><div>
<span class="Apple-style-span" style="border-collapse: separate; font-family: 'Times New Roman'; border-spacing: 0px;"><div><font class="Apple-style-span" face="Baskerville" color="#006b2c"><span class="Apple-style-span" style="font-size: 13px; ">R. Hunter Biden</span></font></div><div><font class="Apple-style-span" face="Baskerville" color="#006b2c"><span class="Apple-style-span" style="font-size: 13px; ">Rosemont Seneca Partners</span></font></div><div><font class="Apple-style-span" face="Baskerville" color="#006b2c"><span class="Apple-style-span" style="font-size: 13px; ">Washington D.C.</span></font></div><div><font class="Apple-style-span" face="Baskerville" color="#006b2c"><span class="Apple-style-span" style="font-size: 13px; ">202-333-1880</span></font></div><div><br></div></span><br class="Apple-interchange-newline">
</div>
<br><br><!--end of _originalContent --></div></body></html>