steps: seedco where investors share in pursuit costs (all of which are reimbursed by second round if deal closes successfully) approxomating $12mm. Seedco investors get 50% of break up fee and 100% of cost reimbursement from target if deal fails and get a 5% ownerhship for free plus pre-emptive right o

To: Levy, Marc From: Jeffrey Epstein Sent Thur 8/20/2009 10:25:35 PM Subject Re: Island Capital Group! Seedco i vc sent them on for review, I am not a fan of the 3.m up front reimbursment. On Thu, Aug 20, 2009 at 5:26 PM, Levy, Marc wrote: Jeff - As per A