Subject: Transatlantic MOU
From: "Eric Schwerin" <[email-masked]>
To: <[email-masked]>, <[email-masked]>
Date: Tue, 15 Jun 2010 12:05:13 -0400

Abel called me about the MOU.   As I suspected, he didn't think we should split the CAF success fee 60/40, but instead 50/50.  I didn't commit either way - said I would discuss with the two of you.  I think the chances of a success fee aren't great so I don't know if it makes sense to push, but of course there is still the fact that we gave up a 75/25 equity split on Talgo for this and the 60/40 would be a nice compromise.

Eric D. Schwerin
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
[email-masked]
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