EFTA01800472

From: Richard Joslin < Sent: Tuesday, July 8, 2014 11:50 PM To: jeffrey E. Subject: Thoughts on train BFP contributes BRH or the TRA or both (or other assets) into a pass throug= entity with Suntrust as profit partner and allocate based on profit perce=tage. Another thought is to enter into swap on future value of TRA say only the 2=07 tranche. Notional price can be set with an upfront payment required to =untrust which would be treated as deposit. Or BFP buys put from Suntrust =swaption on TRA). If TRA rises in value over term or does not appreciate =hen option worthless but BFP has had downside protection. Suntrust has ga=n at expiration. =?xml version=.0" encoding=TF-8"?> <!DOCTYPE plist PUBLIC "- //Apple//DTD PLIST 1.0//EN" "http://www.apple.com/DTDs/PropertyList-1.0.dtd"> <plist version=.0"> <dict> <key>date-last-viewed</key> <integer>0</integer> <key>date-received</key> <integer>1404863417</integer> <key>flags</key> <integer>8590195713</integer> <key>gmail-label-ids</key> <array> <integer>22</integer> <integer>2</integer> </array> <key>remote-id</key> <string>422373</string> </dict> </plist> 1 EFTA_R1_00140067 EFTA01800472