EMAIL DETAILS

Hi guys,


Attached is the Snowflake Term Sheet draft. Please take a look and review.
If you can have comments back to me on Monday afternoon, I can review and
see if we need a call to discuss.


One item on Vide, as it stands now Vide does not legally exist. Thad and
Marc spoke today about the existence of the Center for Social Computation of
Northern Virginia. Thad is working with his legal council on the formation
of a commercial entity that has the appropriate rights to the assets and
capabilities that we need for Rosemont Seneca Analytics. Marc and I will
work with Thad next week to sheppard this process along. Thad was very open
to our input to ensure we put all the right things into that
organization/structure that we need.


We will need this entity in place in order to execute on the term sheet, so
we will figure out that timeline next week and work the finalization of the
term sheet in parallel.


Devon and I will review budget in detail on Monday and I will be in DC on
Tuesday and Wednesday with Curt and Rob to finalize our Steering Committee
prep package in support of our 8/31 call/meeting.


Have a great weekend.


Best,


Neil


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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: Marc X. LoPresti [mailto:mxl@tlcorplaw.com]
Sent: Friday, August 20, 2010 3:56 PM
To: 'Neil Callahan'
Cc: 'Devon Archer'; 'Joe Tagliaferro'
Subject: Project Snowflake


Neil:


See attached as per our discussions today.


Best,

Marc X. LoPresti, Esq.
Tagliaferro & LoPresti, LLP

New York Office:
45 Broadway, Suite 2200
New York, New York 10006
(212) 732-4029
(212) 232-2398 (fax)

Los Angeles Office:
12400 Wilshire Boulevard, Suite 820
Los Angeles, California 90025
(310) 312-1860
(310) 445-1866

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