From: Richard Kahn < Sent: Monday, March 20, 2017 5:51 PM To: Jeffrey E. Subject: Fwd: Braque I Update christies is currently at 4.5mm guarantee and is proposing a =0/30 split as compared to 80/20 we proposed up to 7mm sotheby's is at 3.5mm guarantee and is proposing the same =0/30 split heather thinks chrisities deal is better and would in best =ase only be able to get sotheby's up to 4mm guarantee she is comfortable moving forward with christies shall i counter =hristies 70/30 with 75/25 or accept as is as christies would like to =inalize this today please advise thank you Richard =ahn HBRK Associates Inc. 575 Lexington =venue 4th Floor New York, NY 10022 Begin forwarded message: From: =/>' < Subject: =4>Re: Braque I =pdate Date: =1>March 20, 2017 at 12:34:12 PM =DT To: =4>Richard Kahn < Dear Richard, We have $4.5m net to you with 70/30 split from $6m. =nbsp;Please confirm and we will send paperwork asap. Best, Sharon On Mar 20, 2017, at 9:59 AM, Richard Kahn < > wrote: EFTA_R1_01391385 EFTA02378794