Subject: RSP/RSTP Acknowledge Agreement 5/15/2015
From: "William Lee" <[email-masked]>
To: "Hunter Biden" <[email-masked]>
Date: Fri, 15 May 2015 11:46:55 -0700

Hi Hunter,

Thanks for the call this morning.  Hope your brother’s condition is improving.  My thoughts and prayers are with you.

Here are the key points of the attached agreement.

a) We removed the individual names from the original proposed agreement.  The revised agreement is between RSP and RSTP.

b) RSP gets paid $32,000.

c) RSP gets 22.5% of the carried interest of RSTP I, Alpha and Bravo in accordance to all of our partnership’s 5-year vesting schedule.

d) The partnership agrees to grant 100% vested carried interest for RSP in RSTP I.  This is an accelerated increase from 70% to 100% from our call this morning.  This is based on good faith of our relationship.

e) As for Alpha & Bravo, Goldman’s entities are the sole LPs of Alpha and Bravo.  They requested the removal of you from Alpha, Bravo and all the RSTP entities that Goldman is a part of starting October 2014, and asked us to consider doing so back to February 2014.  Once again, under good faith, the partnership is granting you extra 8 months of vesting from October 2014 to May 2015.

I am in complete agreement with you that we should get this resolved within 72 hours.  Please feel free to reach out to me any time today or over the weekend to discuss.

All the best,
Will