From: Richard Kahn
Sent: Friday, December 22, 2017 7:58 PM
To: jeffrey E.
Subject: Fwd: Chomsky / Bainco

Richard Kahn
HBRK Associates Inc.

New York, NY 10022
tel █████████
fax █████████
cell █████████

The image is a forwarded email.

*   **From:** Isabel Scharmer
*   **To:** Richard Kahn
*   **CC:** Noam Chomsky, Valeria Chomsky, Kathleen O'Malley, Sam Bain, Robert Katz
*   **Subject:** RE: Chomsky / ainco
*   **Date:** December 22, 2017 at 2:54:26 PM ST

Hi Richard,

Just a reminder that ='d like to speak with you. I'm available this =fternoon or next week.

Thank you,

Isabel

Isabel Scharmer, CFA
Managing =irector
Portfolio =trategist

I Boston, MA 02116

Main | Direct
www.bainco.com <http://www.bainco.com/>

From: Richard Kahn (rnailtc
Sent: Monday, December 11 2017 =1:04 AM
To: Isabel Scharmer
Subject: Re: Chomsky / Bainco

i will call thursday

Richard Kahn
HBRK Associates Inc.

New York, =Y 10022
tel
fa
cell

Key information from the email:

*   **Sender:** Isabel Scharmer
*   **Title:** Managing Director, Portfolio Strategist at Bainco
*   **Recipient:** =ichard
*   **Date of Isabel's email:** December 11, 2017
*   **Sender (original):** Noam Chomsky
*   **Date of Noam's email:** December 9, 2017
*   **Recipient (original):** Isabel Scharmer, Valeria Chomsky

- Header line (partially redacted): "Cc: Sam =ain <████████>; Kathleen O’Malley <████████>"
- Additional Cc (redacted): "; Robert Katz <████████>; Richard Kahn <████████>"
- Subject (visible): "Subject: Re: Chomsky / =ainco"
- Several email addresses/fields are fully redacted with black bars
- Surrounding context provided: "Could you please contact our financial adviser, Richard Kahn, about how to proceed with this."

<u>Could you please</u> =ontact our financial adviser, Richard Kahn, about how to proceed with =his.

Thanks

Noam

<u>On</u> Fri, Dec 8, 2017 at 10:01 AM, Isabel =charmer
<mailt >=rote:

Dear Noam,

We hope you and Valeria are well. =s we approach the end of 2017, we are writing to clarify our =nderstanding of your relationship with Bainco at this time.

Outlined below are the accounts you have =t Bainco and our understanding of our continuing services for you, =ending any near term decisions that you may make regarding your =ccount. We very much would appreciate further clarification by =he end of the year so we can continue to provide our best advice =egarding your assets and our best judgment to maximize benefits to you =nd your family.

• Noam Chomsky IRA and =nherited IRAs: You have instructed us to take no action with =espect to these accounts and, consequently, we have refunded the 4Q17 =anagement fee. We will continue to provide quarterly reports as =n the past.

• Noam Chomsky =evocable Trust and Gull Haven Lane: We are not actively managing these =ccounts and are not charging a management fee. We will =ontinue to provide quarterly reports as in the past.

- Carol Chomsky Exempt =nd Non-Exempt Marital Trusts: We are continuing to manage the assets in =hese accounts and will continue to bill our annual management fee on a =uarterly basis as in the past (1% for Non-Exempt and 1.25% for Exempt =arital Trusts).

Please let us know at your earliest convenience if our =nderstanding is incorrect on any of these accounts or if we should =nticipate changes to custodian or asset manager.

Regards,

Isabel and Sam

Isabel Scharmer, CFA
Managing Director
Portfolio Strategist

| Field | Value |
|---|---|
| Name | Isabel Scharmer, CFA |
| Title | Managing Director; Portfolio Strategist |
| Location | Boston, MA 02116 |
| Website | www.bainco.com |
| Phone — Main | [redacted] (label "Main" shown) |
| Phone — Direct | [redacted] (label "Direct" shown) |
| Other | Multiple lines/blocks are blacked out (redacted) |

This communication is for =nformational purposes only. It is not intended as an offer or =olicitation for the purchase or sale of any security or financial =nstrument or as an official confirmation of any transaction. Market =rices, data and other information are not warranted as to completeness =r accuracy and are subject to change without notice. The comments or =tatements made herein do not necessarily reflect the opinions of Bainco =nternational Investors, LLC, its subsidiaries and affiliates. The email =ay contain confidential or proprietary information. If you are not the =ntended recipient of this email, please immediately reply to the sender =nd make the sender aware of the mistake and then delete the email.

This communication is for =nformational purposes only. It is not intended as an offer or =olicitation for the purchase or sale of any security or financial =nstrument or as an official confirmation of any transaction. Market =rices, data and other information are not warranted as to completeness =r accuracy and are subject to change without notice. The comments or =tatements made herein do not necessarily reflect the opinions of Bainco =nternational Investors, LLC, its subsidiaries and affiliates. The email =ay contain confidential or proprietary information. If you are not the =ntended recipient of this email, please immediately reply to the sender =nd make the sender aware of the mistake and then delete the =mail.

This communication is for =nformational purposes only. It is not intended as an offer or =olicitation for the purchase or sale of any security or financial =nstrument or as an official confirmation of any transaction. Market =rices, data and other information are not warranted as to completeness =r accuracy and are subject to change without notice. The comments or =tatements made herein do not necessarily reflect the opinions of Bainco =nternational Investors, LLC, its subsidiaries and affiliates. The email =ay contain confidential or proprietary information. If you are not the =ntended recipient of this email, please immediately reply to the sender =nd make the sender aware of the mistake and then delete the =mail.