EFTA02595868

From: jeffrey E. <jeevacation@gmail.com> Sent: Thursday, October 30, 2014 4:20 PM To: Richard Joslin Subject: Re: FW: Regan Arts this is not clear. if these advances are not returne= what is the next step? =div class=" mail quote">On Thu, Oct 30, 2014 at 11:42 AM, Richard Joslin=< <mailto » wrote: </=pan> </=pan> From: John Murphy [mailto Sent: Thursday, October 30, 2014 11:42 AM To: Richard Joslin Subject: RE: Regan Arts Hi Rich,=/span> </=pan> These are not an annua= outlay, advances are typically one-time events. If enough copies are sold=then additional royalties (% of book sales are paid)<=p> </=pan> I look forward to our =ext meeting and reach anytime on any questions! </=pan> Regards,=/span> </=pan> John. </=pan> From: Richard Joslin [mailto Sent: Thursday, October 30, 2014 11:39 AM To: John Murphy EFTA_R1_01780686 EFTA02595868 Subject: Regan Arts Plaese make double sure that the Advance payments ar= not an annual outlay, ie $4,971,500 will be FY 2014 (paid over 3 years); =4,971,500 will be FY 2015 (paid out over 3 years). Kindly revert pro=ptly Thanks for your time today. =A0 Richard Joslin CFO Elysium Management LLC 445 Park Ave Ste. 1401 New York, NY 10022 (w) (c) please =ote The information contained in this communication is confiden=ial, may be attorney-client privileged, may constitute inside informati=n, and is intended only for the use of the addressee. It is the propert= of JEE Unauthorized use, disclosure or copying of this communica=ion or any part thereof is strictly prohibited and may be unlawful. If =ou have received this communication in error, please notify us immediat=ly by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail=com> , and destroy this comm=nication and all copies thereof, including all attachments. copyright -=11 rights reserved 2 EFTA_R1_01780687 EFTA02595869