EFTA Document EFTA02092119

ran: Lesley Grort Sent Fri 10/24/2014 11:54:43 AM Subject: Re: Egenesis & Georgarage LLC Below is Jeffrey's reply: please send me the biz plan as outlined on the phone. use of funds for 2 ,5 years. ? I will then send a structure that i believe works Sent from my iPhone On Oct 23, 2014, at 9:43 PM, Dear Jeffery, It was nice talking with you on the phone yesterday. I look forward to discussing with you about the business at eGenesis, in which we deliver human transplantable organ by engineering animals. To follow up our last proposal of convertible note, I attached our proposed term sheet in which we offer 15% discount rate and 8% interest rate for $1.5 million investment as convertible note. Alternatively, if you wish, we propose the company pre-money evaluation of $15 million and offer you 9.09% eGenesis preferred share with your $1.5 million investment. I look forward to your feedback and I am happy to discuss with you in person. Best RRRRRRR*******R*****R13 RR**R*R RR 13 Et From: Lesley Groff u ect: Conf. Call NOW or in 2 hours Jeffrey is asking if it would be possible to have the conference call either NOW or in two hours (at 3:45) Please let me know! (so sorry, but Jeffrey has a meeting he must now attend at 2pm) Thanks, Lesley EFTA_R1_00891218 EFTA02092119 032959838v2_Active_ - eGenesis Convertible Bridge Notes_2014109l (1).docx> EFTA_R1_00691219 EFTA02092120