EFTA02411403

To: jeevacationeNmail.comijeevacation©gmail.com] From: Giuseppe Cipriani Sent Tue 6/29/2010 6:39:46 AM Subject: Fw: Rafifi acquisition Title: Fw: Rafifi acquisition — Original Messa e From: livio To: Giuseppe Cipriani Sent: Mon Jun 28 19:04:37 2010 Subject: Rafifi acquisition Ow understanding: • New co. to acquire the lease of the club known as "Refill?' located at I5a Hay Hill London WIJ 8NX at the passing rent of Appx £50,000 • The investment appx f800,000 to cover the cost of acquiring the benefit of the remaining 15 years of the lease amounting to £360,000: the finder's fee to the agent £10,000 and the remaining to be used to refurbish the establishment, build the brand and for general working capital • Once the investment has been repaid {L13} and gig to be entitled to retain 66% shares (LB-33%), (GC-33%) of the newly formed company that will hold the lease and assets of the title. • A new company will be fom)ed to manage the establishment and will be entitled to £200,000 per year equally divided between Livio aisle= (£100.000) and Giuseppe Cipriani (£100.000) L w%vw.alvarogroup.co.ulc www.maddoxclub.com www.kyokuformen.com www.pollenst.com www.firstmodelmanagement.co.ulc Sent from my BlackBerry® wireless device EFTA_R1_01472674 EFTA02411403