Subject: Re: 2015 BHR budget
From: "James Bulger" <[email-masked]>
To: 王昕 <[email-masked]>
Cc: "Devon Archer" <[email-masked]>, "Jason Zhu" <[email-masked]>, "Jonathan.li" <[email-masked]>, "Hunter Biden" <[email-masked]>
Date: Tue, 24 Mar 2015 19:36:05 -0400

Xin
Thank you for sending the budget over to us. Please provide an updated
version so we can see how the reduced fee on the SINOPEC deal
financially impacts  the firm. I would also like to see the how the expense
side is affected, for instance we are surely incurring more legal expenses
due to that LP's actions
It is important for us to be able to see how the firm is being impacted
financially by that LP breaking his contract with us.
I copied Hunter on this email just to streamline communications
Thanks again for your attention to this matter Xin much appreciated
Regards
Jimmy

On Tuesday, March 24, 2015, 王昕 <[email-masked]> wrote:

> Jimmy and Devon – as promised, here is the 2015 BHR budget as presented to
> the board at the February 5 board meeting and I confirm that no adjustments
> have been made thereto.  Any questions, let us know.
>
>
>
> Xin
>
>
>
> Xin Wang 王昕
>
> Managing Director
>
> Bohai Harvest RST (Shanghai) Equity Investment Fund Management Co., Ltd.
>
> 渤海华美（上海）股权投资基金管理有限公司
>
> Tel: +86 (10) 5969 5858 ext 816
>
> Cel: +86 139 1162 0708
>
> [email-masked] <javascript:_e(%7B%7D,'cvml',[email-masked]');>
>
>
>
>
>

-- 
James J. Bulger
Chairman
Thornton Group LLC
14 Beacon Street, Suite 804A
Boston, MA 02108
Office tel: 617.248.944