Subject: Re: Burnham Asset Management - draft termination agreement
From: "Eric Schwerin" <[email-masked]>
To: "Mesires, George R." <[email-masked]>
Cc: "Hunter Biden" <[email-masked]>, "Schwartz II, Randall R." <[email-masked]>, "Klinefeldt, Nicholas A." <[email-masked]>, "MacPhail, Michael R." <[email-masked]>
Date: Wed, 11 May 2016 16:41:15 -0400

I have a few edits/comments I'll get to you shortly.   Thanks!

Eric D. Schwerin
[email-masked]

Sent from my iPhone

On May 11, 2016, at 2:37 PM, Mesires, George R. <[email-masked]>
wrote:

Eric and Hunter:

Attached is a draft termination letter, which must be countersigned by
Burnham.

The salient points:

·         Mutually terminates Asset Assignment Agreement and Employment
Agreement; renders null and void

·         Returns transferred assets back to Rosemont Seneca

·         Burnham not entitled to any more revenue

·         Rosemont retains any clients, etc.

·         Hunter not bound by confi in Employment Agreement

·         Burnham releases RSP, et al

·         Burnham indemnifies RSP, et al

·         RSP and Hunter may make press release or public statement;
Burnham may not relating to Asset Assignment Agreement and Employment
Agreement

Please let me know if you have any questions.

George

George R. Mesires
*Partner*
[email-masked]    Download vCard
<http://www.faegrebd.com/vcard/george.mesires.vcf>
D: +1 312 356 5101 | M: +1 312 972 4151

*Faegre Baker Daniels LLP* <http://www.FaegreBD.com>
311 S. Wacker Drive | Suite 4300 | Chicago, IL 60606, USA

<Rosemont Seneca Partners - Termination Letter Agreement (Burnham Asset
Management) with GRM revisions as of May 11 2016.docx