From: "jeffrey E." <[email protected]> To: Brock Pierce Subject: Re: CCP September Update Date: Fri, 03 Oct 2014 17:39:07 +0000 Ilc availbel for deals , you or you and team get 25% profit, no fund . subjec to deal review, commitment is at least 20 On Fri, Oct 3, 2014 at 1:13 PM, Brock Pierce < > wrote: Call me any time. On Friday, October 3, 2014, jeffrey E. <[email protected]> wrote: Talk later On Friday, October 3, 2014, Brock Pierce < > wrote: Jeffrey, No management fee (I assume NEC = no employee compensation) is fine. I assume actual expenses such as audit, legal, travel, etc... would be paid by the vehicle. LLC structure is fine. Compensation comes in the form of the 25% carry / profit participation. I have another fund vehicle (the one you have the docs for), which this vehicle would invest alongside of on a pro rata basis. Funds would be drawn down through capital calls with 25% of the committed capital drawn immediately. I accept all of this. Please confirm and I will setup the LLC vehicle and docs immediately. Should have everything completed by next week. I also need to know what the capital commitment would be. Best regards, Brock On Thu, Oct 2, 2014 at 10:33 AM, jeffrey E. <[email protected]> wrote: 25 % is fine. , no partnership nec , an llc with a profit partcipation. On Thu, Oct 2, 2014 at 11:10 AM, Brock Pierce < > wrote: Lists the first 24 investments we have already made. Best regards, Brock Pierce Managing Partner - Crypto Currency Partners Mobile: Skype: E: EFTA00998278