EMAIL DETAILS

Eric:

Hunter is in agreement with the terms below.

I will review the draft settlement agreements and circulate as soon as possible.

Please deposit the check today. And recall that Wells is requiring joint direction.

George

George R. Mesires
Partner
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Faegre Baker Daniels LLP<http://www.faegrebd.com/>
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On Mar 12, 2019, at 11:57 AM, Mesires, George R. <[email protected]<mailto:[email protected]>> wrote:

Hunter and Eric:

Below are red revisions that indicate Eric’s counter-proposal to Hunter’s from last Friday.

Hunter, please give me a ring if you want to discuss this.

George

________________________________
From: Mesires, George R.
Sent: Friday, March 08, 2019 1:26 PM
To: Eric D. Schwerin ([email protected]<mailto:[email protected]>) <[email protected]<mailto:[email protected]>>; Hunter Biden <[email protected]<mailto:[email protected]>>
Subject: RHB proposal

Eric and Hunter: below are the terms that I understood to be offered by Hunter. Hunter, please correct if I have misstated anything.

Hunter’s offer is as follows:


* 100% of Broker Dealer to Eric

* Eudora: Eric gets 25% of this Eudora check; Hunter gets 75%

* Hunter gets 100% of Eudora in future
* Eric gets 25% of Eudora in the future
* 100% of BHR to Hunter

* 100% of RSA to Hunter
* 100% of Tadich to Hunter
* 100% of CAF run-off to Hunter (Eric’s 25% = $30,000; therefore total to Hunter ~ $120,000)
* Non-Disparagement & confidentiality provisions
* Post-closing cooperation provisions
* $25,000 should be held in reserve for wind-down fees [to be determined]
* Eric believes that wind-down fees should be 75/25, not 50/50
* Eudora check should be deposited immediately
* Eric wants a mechanism for filing of final tax returns

Outstanding debts:

Bill Morgan 10,748 (to be paid 75 50/25 50)
AMEX 9748 (to be paid by RHB)
Faegre Baker Daniels Hunter believes outstanding legal fees should be paid 50/50 because benefit inured to both. Eric will not seek reimbursement of prior fees he paid on account of BHR and RSA/Burnham settlement and believes that remaining FaegreBD fees should be paid by Hunter
Google/Quickbooks $1482

Hunter indicated that these terms are his last offer.

George


George R. Mesires
Partner
[email protected]<mailto:[email protected]> Download vCard<https://www.faegrebd.com/_vcard/george.mesires.vcf>
D: +1 312 356 5101

Faegre Baker Daniels LLP<https://www.FaegreBD.com>
311 S. Wacker Drive | Suite 4300 | Chicago, IL 60606, US