Subject: Manzano Merchant Banking Contract
From: "Eric Schwerin" <[email-masked]>
To: "Devon Archer" <[email-masked]>, "Hunter Biden" <[email-masked]>
Date: Tue, 26 Oct 2010 18:26:17 -0400

Attached is the draft contract Manzano wants us to sign on the more "merchant banking" function.  It is pretty much just a place holder to say that on a project-by-project basis we will be brought in to help raise $ for potential Argentine investments.  He has about four he is thinking of.  Depending on the project we could receive between 2-5%.  I think we need a lawyer to look at this and just make sure it is kosher.  Marc may be the one to do so.

The $10K a month retainer contract is for a year and specific to the Argentine utility.  Manzano is going to try and accelerate the payments for this.

Let's discuss.

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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