Larry:Bill. Larry There are substantial problems with your the drafts of the Transition and Release Agreement and the Severance, Waiver and Release Agreement that you sent to me, Because the provisions of the Severance Agreement are needlessly duplicative of and nearly identical to the provisions of the Transition Agreement, I will focus on the more egregious problems with the Transition Agreement. 1. The Transition Agreement is drafted so that the Company is entering into the Agreement on behalf Bill sand-Melinda and the Company's managers. This makes absolutely-little no sense-whatsoever. A limited liability company can't bind individuals. To even suggest that Boris would not require a release and non- disparagement agreement signed by Melinda, herself, for example, is simply ridieuloussomething I know needs an explanation at least.: 2. The Transition Agreement is absurdly-obviously one-sided. It states that Boris is required to make endless many representations, warranties and covenants which are not similarly required of Bill, Melinda, orand the Foundation, who are not signatories to the Agreement, or even of the Company, which is. Even in the limited cases where some minimal reciprocal undertaking is provided by the Company, the Company's obligations under the Agreement are minimal and provide no meaningful protection to Boris, especially when compared to the impossibly draeoniari-severe undertakings required of him. Given that both the limited release granted to Boris and Boris's yet to be agreed se-ealled-"severance benefits" are made subject to his compliance with the Transition Agreement's multitude of overly expansive representations and warranties and impossible covenants, with virtually no protections in return, it is preposterous-difficult to expect that Boris would-be willing-termild enter into this Agreement in its present form. 3r It appears that even the proposed As-woefully-inadequate "consideration" for the cl