## To: Jeffrey Epstein[jeevacation@gmail.com]
From: 
Sent: Mon 7/12/2010 10:28:17 AM

GPC offer was confirmed to be:

- phase 1: one deal as proof of concept for which I get 3% of carry associated with that one deal

- phase 2: I'm bound to enter phase 2 after the first deal is completed, they will raise new dedicated fund I manage (but clearly not control) and receive 30% of carry which I need to assign as I think fit with my team.

I will tell them to forget it ! You agree?