<table><tr><th>From:</th><th>jeffrey E. &lt;jeevacation@gmail.com&gt;</th></tr><tr><td>Sent:</td><td>Monday, May 4, 2015 9:52 PM</td></tr><tr><td>To:</td><td>Boris Nikolic</td></tr><tr><td>Subject:</td><td>Re: FW:</td></tr></table>

the clawback is not davids problem., it is yours.40=A0 gunderson has not moved your closer for 6 months now. =C24> , forget them and get it done

On Mon, May 4, 2015 at 5:43 P wrote:

Please see a comment belo=.

What do you think?=u>

Gunderson was always very=worry about clawback issue

B

From: Steve. Ray
Sent: Monday, May 4, 2015 11:49 AM
To: Boris Nikolic
Subject: RE:

Hi Boris,

I realize from your persp=ctive that Jeffrey's approach is attractive as you don't h=ve to come out of pocket for the $400k up front. I just want to make=sure you understand the clawback exposure. David won't sign up fo= any clawback, which effectively leaves you on the hook. Depending o= the performance of Blue Talon and Digisite in relation to the rest of the=companies in the Fund, the exposure could be significant — well in excess of $400k. In addition, the proposed form of=agreement is different from the draft we tendered and the signed copies th=t came back, so it will take additional time for them to digest. I j=st want you to understand the clawback exposure and relative trade-offs of using a different form of agreement before proceedi=g. Jeffrey and his attorney apparently do not understand the clawbac= as they haven't addressed it.

It's worth mentio=ing that Peter called me Friday and advised that they fully expected you t= counter-offer the signed copies they sent. They were just hoping to get the ball moving and want you to sign anything you propose. Si=ning and delivering Jeffrey's proposal would effectively do that.<=>

Thanks,

Steve C2

<=p>
Steve R. Ray

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP

Phone:

This email and any attachments may contain private, confidential and privil=ged material for the sole use of the intended recipient. 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 offering 5=% 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?)

If I do not hear from you= I will assume it is all OK and sign it and send it to Peter.

B

From: Steve =. Ra
Sent: Sunday, May 3, 2015 10:03 PM
To: Boris Nikolic
Subject: RE:

Hi Boris,</=pan>

David may find the propos=l acceptable as, per the draft agreement, you would effectively be guarant=eing any clawback obligation that David might otherwise owe. The last time we considered this option, you were unwilling to =uarantee the clawback and David was unwilling to assume the obligation.Q=A0 That's why we abandoned the carry approach.

Steve

<=p>
Steve R. Ray

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP
████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████

This email and any attachments may contain private, confidential and privil=ged material for the sole use of the intended recipient. If you are not th= intended recipient, please immediately delete this email and any attachme=ts.

From
Sent: Sunday, May 03, 2015 9:46 PM
To: Steve R. Ray
Subject: FW:

</=pan>

HI Steve

Please find attached a do=ument Jeffrey's attorney wrote.

This is in line what Jeff=ey discussed with Peter.

It seems much easier stru=ture (and better for me as it does not tie up my 400k)

I would like to send it s=gned to David.

I am thinking of lowering=250K to 150K.

Please let me know=u>

Also — I talked t= Peter earlier in day. He brought up Boris' Bentley and admi=ted that he is one that told it to Jeffrey.

He however is telling tha= this was only a joke and that he made it up — that he did not hea= it from David. I do not believe in this — that was a commen= he was not allow to tell outside their circle.

This just made me certain=that this is my last offer to David.

If they do not accept it,=would like that going forward we cease any communication with them.=u>

Thank you</=pan>

Boris

4

Date: Sat, 2 May 2015 17:=0:15 -0400
Subject:
From: jeevacatio=@gmail.com <mailto:jeevacation@gmail.com>
To: ██████████████████████████████████████████

please note

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please =ote

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Unauthorized use, disclosure or copying of this communica=ion or any part thereof is strictly prohibited and may be unlawful. If =ou have received this communication in error, please notify us immediat=ly by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail=com> , and destroy this comm=nication and all copies thereof, including all attachments. copyright -=11 rights reserved