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ng conduct of dishonesty, fraud or theft, or a felony criminal offense. This letter will be governed, interpreted, and construed under the laws of the State of Washington without regard to its conflicts of law provisions. Each party will be responsible for its own costs and expenses (including any fees and expenses o
CONFIDENTIAL December , 2012 Mr. Larry Cohen, Manager Business Operations bgC3 LLC RE: Letter of Understanding Regarding New Investment Entity Dear Larry: This letter sets forth certain ge
en to the other party hereto in the manner provided in this Section. This Agreement will be governed, interpreted, and construed under the laws of the State of Washington without regard to its conflicts of law provisions. Each party will be responsible for its or his own costs and expenses (including any fees and ex
pt, which shall be given promptly upon actual receipt. All notices, requests, permissions and other communications to Gates shall be addressed to: Larry Cohen All notices, requests, permissions and other communications to Dr. Nikolic shall be addressed to: PROVIDE NOTICE ADDRESS, FAX AND EMAIL Each part
he manner provided in this Section. Governing Law Expenses Release This Agreement will be governed, interpreted, and construed under the laws of the State of Washington without regard to its conflicts of law provisions. Each party will be responsible for its or his own costs and expenses (including any fees and ex
pt, which shall be given promptly upon actual receipt. All notices, requests, permissions and other communications to Gates shall be addressed to: Larry Cohen All notices, requests, permissions and other communications to Dr. Nikolic shall be addressed to: PROVIDE NOTICE ADDRESS, FAX AND EMAIL Either pa
d by BN as a result of non-compliance with Section 409A. Governing Law This letter will be governed, interpreted, and construed under the laws of the State of Washington without regard to its conflicts of law provisions. Expenses Each party will be responsible for its own costs and expenses (including any fees and
gence on such Opportunities as the Owner determines to be appropriate in SE-251912 vl EFTA00585571 his sole discretion; and • Coordinating with Larry Cohen to provide business management and communication services for the Company. No Obligation Notwithstanding anything in this letter to the contrary,
d by BN as a result of non-compliance with Section 409A. Governing Law This letter will be governed, interpreted, and construed under the laws of the State of Washington without regard to its conflicts of law provisions. Expenses Each party will be responsible for its own costs and expenses (including any fees and
gence on such Opportunities as the Owner determines to be appropriate in SE-251912 vl EFTA00585567 his sole discretion; and • Coordinating with Larry Cohen to provide business management and communication services for the Company. No Obligation Notwithstanding anything in this letter to the contrary,
Entities connected to both the State of Washington and Larry Cohen

Michael Cohen
PERSON
Jeffrey Epstein
PERSON
Robert Gates
PERSON
Bill Gates
PERSON
Boris Nikolic
PERSON
Melinda Gates
PERSON
Seattle
LOCATION
Harry Reid
PERSONLeon Black
PERSON
Tony Blair
PERSON
Prince Andrew
PERSON
Ehud Barak
PERSON
Bill & Melinda Gates Foundation
ORGANIZATIONBusiness Operations
ORGANIZATIONOpportunities
ORGANIZATIONEmployment Agreement
ORGANIZATIONCascade Investment
ORGANIZATIONGates Ventures
ORGANIZATION
Joe Biden
PERSON
Eric Trump
PERSON