<table><tr><th>From:</th><th>jeffrey E. &lt;jeevacation@gmail.com&gt;</th></tr><tr><td>Sent:</td><td>Monday, May 11, 2015 1:25 PM</td></tr><tr><td>To:</td><td>Richard Kahn</td></tr><tr><td>Subject:</td><td>Re: Subbase Drydock</td></tr></table>

ok

On Mon, May 11, 2015 at 9:23 AM, Richard Kahn

wrote:

subset wants wire of 150,000 per best deal = was able to negotiate below please advise if ok to send wire thank you

Richard Kahn
HBRK Associates Inc.

<u>New York, NY 10022</u>

Begin forwarded message:

<=iv style="margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:=px">From: Richard Ka=n

Subject: Fwd: Subbase Drydock
</=iv>
Date: May 7= 2015 at 4:33:24 PM EDT

To: "jeffrey E." <jeevacation@gmail.com <mailto:=eevacation@gmail.com> >
<span>

after a few back =nd forth conversations with Gene from Subbase Drydock i was able to negoti=te the

following:

260,000 final price (Gene will not co=e back to us for any additional change orders) this price repres=nts a 5.11% discount from 2nd quote of 274,002

point)

June 3=th

<=iv>Gene requested for that price we send an additional 150,000 (200,000 wi=l be paid to date at that and balance of 60,000 will be d=e on completion which he estimates to be 8-9 weeks or approximately

Note: Subbase bid does not include any Engine =ork on bid as they are not equipped to work on Engines Refurbish=d Engines (2) were purchased in 2010 for a total cost of 54,000 Bosco believes that engines will need some work but do not need to be=replaced

Please advise if ok to proceed at 260,00= and send wire today of 150,000 Thank you

PS - we should talk about future of barge operations (ope=ator and maintenance) as Anna, Daphne and myself all have concerns about B=sco

Richard Kahn

<=iv>
HBRK Associates Inc.

=idly>

On May 4, 2015, at 6:29 PM, jeffrey=E. <jeevacat=on@gmail.com <mailto:jeevacation@gmail.com» wrote:

rich, =AO get it all done. negotiate an overall price and discount. . do yo=r best , we have little choice.

=br>
On Mon <u>May</u> 4.2015 at 6:15 PM. Ann <u>Rodri ue=</u>

Subject: Invoice 6812 from Subbase Drydock

Good =fternoon Anna,

Geno has updated the invoi=e to reflect the additional work. I have attached it here. Ple=se let me know if you need any additional info.

## Thanks!

## Thanks! (cont.)

Debra Lowry

Subbase=Drydock

</=iv>

-- =br>
please=note

The information contained in this communication is confide=tial, may be attorney-client privileged, may constitute inside informat=on, and is intended only for the use of the addressee. It is the proper=y of

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</=iv>

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