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t 5:43 PM, Boris Nikolic < > wrote: Please see a comment below. What do you think? Gunderson was always very worry about clawback issue B From: Steve R. Ray [mailto ] Sent: Monday, May 4, 2015 11:49 AM To: Boris Nikolic Subject: RE: Hi Boris, I realize from your perspective that Jeffrey's approach is
of the upside and 150K. This 150K (currently at Biosys bank account) together with 100K that they already cash out is 250K — enough for all cost and Boris Bentley Not sure if I need to place an expiration date (May 15th?) If I do not hear from you, I will assume it is all OK and sign it and send it to Peter.
6 +0000 Inline-Images: image001.gif Please see a comment below. What do you think? Gunderson was always very worry about clawback issue B From: Steve R. Ray [mailto Sent: Monday, May 4, 2015 11:49 AM To: Boris Nikolic Subject: RE: Hi Boris, I realize from your perspective that Jeffrey's approach is a
of the upside and 150K. This 150K (currently at Biosys bank account) together with 100K that they already cash out is 250K — enough for all cost and Boris Bentley Not sure if I need to place an expiration date (May 15th?) If I do not hear from you, I will assume it is all OK and sign it and send it to Peter.
t 5:43 PM, Boris Nikolic < > wrote: Please see a comment below. What do you think? Gunderson was always very worry about clawback issue B From: Steve R. Ray [mailto: Sent: Monday, May 4, 2015 11:49 AM To: Boris Nikolic Subject: RE: Hi Boris, I realize from your perspective that Jeffrey's approach is
of the upside and 150K. This 150K (currently at Biosys bank account) together with 100K that they already cash out is 250K — enough for all cost and Boris Bentley Not sure if I need to place an expiration date (May nth?) If I do not hear from you, I will assume it is all OK and sign it and send it to Peter. B
not the intended recipient, please immediately delete this email and any attachments. From: Boris Nikolic Sent: Monday, May 04, 2015 11:06 AM To: Steve R. Ray Subject: RE: Hi Steve, I am planning to sign this and send it today to Peter. Please can you just take a quick look. Currently I am offering 50%
of the upside and 150K. This 150K (currently at Biosys bank account) together with 100K that they already cash out is 250K — enough for all cost and Boris Bentley Not sure if I need to place an expiration date (May 15th?) If I do not hear from you, I will assume it is all OK and sign it and send it to Peter.
ent. If you are not th= intended recipient, please immediately delete this email and any attachme=ts. From: Sent: Monday, May 04, 2015 11:06 AM To: Steve R. Ray Subject: RE: Hi Steve,</=pan> I am planning to sign thi= and send it today to Peter. Please can you just take = quick look. Currently I am offer
of the upside and 150K. This 150K (currently at Biosys bank account) tog=ther with 100K that they already cash out is 250K — enough for all cost and Boris Bentley Not sure if I need to pla=e an expiration date (May 15th?) 2 EFTA_R1_01630349 EFTA02502201 If I do not hear from you= I will assume it is all O
2015 at 5:43 PM, Boris Nikolic rote: Please see a comment below. What do you think? Gunderson was always very worry about clawback issue B From: Steve R. Ray EFTA_R1_01630533 EFTA02502308 Sent: Monday, May 4, 2015 11:49 AM To: Boris Nikolic Subject: RE: Hi Boris, I realize from your perspective tha
of the upside and 150K. This 150K (currently at Biosys bank account) together with 100K that they already cash out is 250K — enough for all cost and Boris Bentley Not sure if I need to place an expiration date (May 15th?) If I do not hear from you, I will assume it is all OK and sign it and send it to Peter.
d recipient. If you are not th= intended recipient, please immediately delete this email and any attachme=ts. From: Boris Ni=oli Sent: Monday, To: Steve R. Ray Subject: RE: Hi Steve, <1=> I am planning to sign thi= and send it today to Peter. <1=> Please can you just take = quick look. <1=> Currently
of the upside and 150K. This 150K (currently at Biosys bank account) together with 100K that they already cash out is 250K — enough for=all cost and Boris Bentley <1=> Not sure if I need to pla=e an expiration date (May 15th?) <1=> If I do not hear from you= I will assume it is all OK and sign it and send i
From: Steve R. Ray [mailto Sent: Monday, May 4, 2015 11:49 AM To: Boris Nikolic Subject: RE: Hi Boris, I realize from your perspective that Jeffrey's approach is a
of the upside and 150K. This 150K (currently at Biosys bank account) together with 100K that they already cash out is 250K - enough for all cost and Boris Bentley Not sure if I need to place an expiration date (May 15111?) If I do not hear from you, I will assume it is all OK and sign it and send it to Peter.
Entities connected to both Steve R. Ray and Boris Bentley

Boris Nikolic
PERSON
Jeffrey Epstein
PERSONVilleneuve Franklin & Hachigian
ORGANIZATIONBlue Talon
ORGANIZATIONBentley
ORGANIZATIONGunderson
PERSONRedwood City
LOCATIONadmi=
ORGANIZATION