To: jeevacation@gmail.com[jeevacation@gmail.com]

From: Jennie Saunders

Sent Wed 1/27/2010 4:40:39 PM

Subject: Fw: Fwd: Division of Community Property

Title: Fw: Fwd: Division of Community Property

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-----Original Message-----
From: Dangene McKay Bailey <dangene.bailey@...
To: Jennie Saunders <jennie.saunders@...
Sent: Mon Jan 25 17:06:32 2010
Subject: Fwd: Division of Community Property

Dangene

Dangene

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Begin forwarded message:

From:

Date: January 25, 2010 4:52:26 PM EST

To: Dangene McKay Bailey <

Subject: Re: Division of Community Property

Thanks, Dangene. Steven, what do you think?

Take care,

Diana

Diana Mercer

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Peace Talks Mediation Services (R)
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In a message dated 1/25/2010 1:10:41 P.M. Pacific Standard Time,  writes:

Hello Diana And Steven, 1 would like to make Steven what I consider a better offer ....Last august was the most chaotic time in my life and my entire focus was on saving my business. I couldn't think ofanything else .... As you can see below the offer is inure than fair and gives Steven more than what we originally discussed. The only thing I retain is my business and the ability to have a clean slate for the future. This will show my investors that I'm really serious about their support ofmy business. If I cannot get this done they will walk away and that is why I am willing to give Steven everything. This is really important to me. I also offered my jewelry to Steven. I really just need a shot at a future...Let me know what we need to do next ...It would be great to get this written up and be able to still meet our February date. Thank you very much.

I A.1. 100 percent of Arizona property to Steven however I pay mortgage and my parents can live there as long as they are alive.

IA.2. Apt 4B + 18 C to be sold and all contents ofapt i.e. furniture art etc belongs to Steven ..If there are any proceeds from sale will be used to pay clown community property debt

IA4. 100 percent ofLA property and all ofits contents art furniture china crystal etc to Steven. Dangenc personally responsible for $230,000 line ofcredit.

	- IA5.100 percent of any IRA (S15,000) to Steven

	- IA6.100 percent of SEP IRA S'175,000 to Steven

- IA7. 100 percent of 5100,000 profit sharing plan to Steven

- IAII. 100 percent ofmy business stays mine

1A12. 100 percent of Erostation to Steven

IA14B1. 100 percent of Bailey Building Co to Steve (My accountants wrote the comments in these last two sections) 111. Spousal Support A. PARTIES BOTH WAIVE RIGHTS TO SUPPORT NOW AND IN PERPIWITY

## B. SHOULD MAKE REFERENCE TO A REVISED PARAGRAPH A THAT SPECIFICALLY WAIVES

SUPPORT.

D. Dangene + Steven responsible for their own health insurance forever.

E. Dangene + Steven responsible for their own auto insurance forever

	F. Exchange of tax returns as long as spousal support is applicable. PROVISION SHOULD BE STRUCK

	G. Reference to income for purposes of support. SHOULD BE STRUCK

## VIII. TAXES

A. Parties agree to file joint return unless they agree not to. If a joint return, either the parties pay their
respective shares oftax based on income or Dangene will pay all tax, as they may agree. PROBLEM-DANGENE
PAYING ALL TAX SHOULD BE REMOVED AS ON OPTION.

C. Prior Year Obligations-Agreement makes reference to years prior to 2006 and provides parties shall be equally liable for any unpaid taxes. REFERENCE SHOULD BE TO 2009, NOT 2006. PARTIES SHOULD ONLY BE LIABLE FOR TAX ON INCOME THAT IS THEIRS. JOINT INCOME SHOULD RESULT IN EQUAL LIABILITY.

Dangene

Dangene

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