<table><tr><th>From:</th><th>Brad Wechsler</th></tr><tr><td>Sent:</td><td>Wednesday, November 26, 2014 2:42 PM</td></tr><tr><td>To:</td><td>'ealexanderson</td></tr><tr><td>Cc:</td><td>Ieevacation@gmai .com'</td></tr><tr><td>Subject:</td><td>Re: Follow-up</td></tr></table>

1. If you and LDB are in synch and ball is rolling that's great. Let's just=make it happen. I'll speak to you abt structure but no need to wait on me.=I'm abt to take off so we'll speak later. Shld Jeffrey be in loop on type =f 401k or non-issue. If so, pls get his sign off. Thx, b 2. Between you and rich you'll complete and document the timber sale? I thi=k rich has complete tax basis.

3. IT and communication. Thx.

----- Original Message-----

From: Eileen Alexanderson
Sent: Wednesday, November 26, 2014 09:34 AM
To: Brad Wechsler
Subject: Re: Follow-up

Good morning, Brad. I am out of the office today. I will forward background=on the 401K discussion shortly but after speaking with Leon late last week=l submitted 401 K setup to our HR provider without matching. We elected to=make safe harbor contributions to our non highly compensated employees onl=. I will see if I can adjust but notices were to go out today. Do you have=time for a brief call on this subject?

Timber-We will nail down cost basis on timber precisely but upon checking l=st week with Rich D. I communicated to both Jeffrey and Leon that although=sale of this interest will yield approximately $16mil, we have received $2=6 mil in distributions since inception and therefore gain/loss in the sale=will be minimal.

IT-We are sending 30 day notice today to our current IT provider. Rich spok= to the chosen new service company yesterday afternoon and verbally negoti=ted terms of their original proposal we wanted to change. Contract should =e coming to us today. I participated in the interview process but Rich J h=s been most hands on and we are going with his preferred choice.

## Communications-point taken

My Cell

## Sent from my iPhone

> On Nov 26, 2014, at 9:03 AM, "Brad Wechsler" rote:

>

> Eileen-ive been in touch with jeffrey and he asked abt a couple of

> things= 1. That we focus on getting the 401(k)'s up and going as rapidly as possi=le. We're both comfortable with ellsyium making cash contributions. If the=e are issues, let's discuss.

> 2. That you and rich j nail down the cost basis of the timber investment =o we can dispose of it.

> 3. IT contract: What's the status; who's choosing: you or rich or both of=you and can I help.

## Sent from my iPhone (cont.)

> 4. Jeffrey would like us to think carefully abt who's copied on circulate= information, particularly if you perceive sensitivities. If you have any =judgment" calls feel free to check in with jeffrey or me. I mentioned this=to rich j and ada yesterday.

>

> Have a happy holiday and feel free to reach out on any and all of the

> abo=e. Best, b

>

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