EFTA02528575

From: Richard Kahn Sent: Wednesday, February 7, 2018 10:02 PM To: Jeffrey E. Subject: Fwd: Noam Chomsky Richard Kahn HBRK Associates Inc. 575 =exington Avenue 4th Floor New York, NY 10022 tel fax cel Begin forwarded message: From: =/b>"Kelly, William" <WKelly@nixonpeabody.com> Subject: =/b>Noam =homsky Date: =/b>February 7, 2018 at 5:01:07 PM =ST To: =/b>Richard Kahn Cc: Sam Baines <mailto For =ettlement Purposes =nly &nbs=; Dear Rich: Bainco has authorized me to confirm that it will meet your =emand with respect to Noam's investments in private equity =artnerships at Bainco. Our understanding is that Noam invested a =otal of $267,500 (through his revocable trust and his IRA) and received = tax benefit of approximately $27,000 due to realized capital losses, =esulting in a net investment of $240,500. Bainco will pay that =mount to Noam and Noam will relinquish his entire interest in the =rivate equity partnerships (a portion of the settlement amount may be =aid through a third party's purchase of Noam's interest =n the RFID partnerships at his original purchase price). The =ettlement agreement will include mutual releases and standard =on-disclosure and non-disparagement provisions. Please confirm at =our earliest convenience and I will prepare the settlement agreement =or your review. Regards, EFTA_R1_01670286 EFTA02528575 Bill William E. Kelly Senior Counsel wkelly@nixonpeabody.com <ma t Nixon =eabody LLP 1100 Summer Street I Boston, MA 02110-2131 nixonpeabody.com I @NixonPeabodyLLP Please=consider the environment before printing this email. This =mail message and any attachments are confidential and may be protected =y the attorney/client or other applicable privileges. The information =s intended to be conveyed only to the designated recipient(s) of the =essage. If you are not an intended recipient, please notify the sender =mmediately and delete the message from your email system. Unauthorized =se, dissemination, distribution or reproduction of this message by =ther than the intended recipient is strictly prohibited and may be =nlawful. Thank =ou. =br class=""> = 2 EFTA_R1_01670287 EFTA02528576