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Then I would suggest to change the following sentence from "Please sign below to confirm that you are in receipt of, and agree with, the contents of this letter" to "Please sign below to confirm that you are in receipt of this letter". Everything has been agreed from the beginning. Also the success fee is 875.000 Usd and not 800.000 Usd

Best

Abel

________________________________
De: Neil Callahan [mailto:ncallahan@rosemontseneca.com]
Enviado el: viernes, 30 de julio de 2010 3:44
Para: 'Michael Muldoon'; Lorenzo Roccia
CC: 'Hunter Biden'; Abel Navarro Homet; 'Eric Schwerin'; 'Devon Archer'; Pio Mortera Nales
Asunto: RE: CAF Letter

Thanks Mike,

I do not think we should be second guessing ourselves or negotiation with ourselves.

The reason we do not have a signed agreement on the success fee is a purely administration error, nothing more.

Essentially we are executing the "Severability Clause" or salvatorius clause in our agreement, meaning regardless of the omission or administration error, the spirit of the agreement is intact.

Our position is we have a firm agreement and a clear understanding and that someone made a clerical error and/or omission in capturing the intent of the agreement.

We made a paper mistake, nothing more. And we are protected by salvatorius.

So our letter should be congratulatory in nature and then focus on correcting a clerical error in the underlying contract, not a big deal.

The more of a big deal we make it - the more they will make it a big deal. Clerical errors are not a bit deal.

Best,

Neil

------------------------------------------------------------------------------------------
Neil Callahan
Rosemont Seneca
401 Greenwich Street, Suite 400 | New York NY 10013 | 212-933-9965 | 212-796-4037
1010 Wisconsin Avenue, Suite 705 | Washington DC 20007 | 202-333-1880
917-945-9516 (mobile)
866-749-8879 (fax)

From: Michael Muldoon [mailto:mmuldoon@rosemontseneca.com]
Sent: Thursday, July 29, 2010 5:48 PM
To: Lorenzo Roccia
Cc: Hunter Biden; Abel Navarro Homet; Eric Schwerin; Devon Archer; Neil Callahan; Pio Mortera Nales
Subject: CAF Letter

All-

Please find attached a DRAFT letter to be sent to CAF based on our conversation yesterday. Let me know your thoughts and we can amend as needed.

Thanks,

Mike

Mike Muldoon
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
mmuldoon@rosemontseneca.com<eschwerin@obblaw.com>
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