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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


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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: 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

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