<table><tr><th>From:</th><th>Richard Kahn</th></tr><tr><td>Sent:</td><td>Wednesday, February 7, 2018 10:02 PM</td></tr><tr><td>To:</td><td>Jeffrey E.</td></tr><tr><td>Subject:</td><td>Fwd: Noam Chomsky</td></tr></table>

Richard Kahn
HBRK Associates Inc.
575 =exington Avenue 4th Floor
New York, NY 10022
tel ████████████
fax ████████████
cell ████████████

Begin forwarded message:

From: =/b>"Kelly, William" <WKelly@nixonpeabody.com>

Subject: =/b>Noam =homsky

Date: =/b>February 7, 2018 at 5:01:07 PM =ST

To: =/b>Richard Kahn <███████████████████████████>

Cc: Sam Bain <███████████████████> <mailto:██████████████████>

For =ettlement Purposes =nly &nbs=;

Dear Rich:

Bainco has authorized me to confirm that it will meet your =emand with respect to Noam's investments in private equity =artnerships at Bainco. Our understanding is that Noam invested a =otal of $267,500 (through his revocable trust and his IRA) and received = tax benefit of approximately $27,000 due to realized capital losses, =esulting in a net investment of $240,500. Bainco will pay that =mount to Noam and Noam will relinquish his entire interest in the =rivate equity partnerships (a portion of the settlement amount may be =aid through a third party's purchase of Noam's interest =n the RFID partnerships at his original purchase price). The =ettlement agreement will include mutual releases and standard =on-disclosure and non-disparagement provisions. Please confirm at =our earliest convenience and I will prepare the settlement agreement =or your review.

Regards,

William E. Kelly Senior Counsel wkelly@nixonpeabody.com <ma t Nixon =eabody LLP 1100 Summer Street I Boston, MA 02110-2131nixonpeabody.com I @NixonPeabodyLLP

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