Subject: BHR Matters
From: "Martin, George D." <[email-masked]>
To: "Eric Schwerin" <[email-masked]>, "Hunter Biden" <[email-masked]>
Cc: "Mesires, George R." <[email-masked]>, "Mao, Cloris" <[email-masked]>, "Patrow, Paul D." <[email-masked]>
Date: Fri, 26 Aug 2016 21:32:46 +0000

Eric and Hunter,

Attached is a draft English version of the equity transfer agreement ("ETA") that will result in Skaneateles acquiring 10% of BHR from RSB, together with a Step Plan, or "Task List", that outlines what is required to complete this transfer.  We have a Chinese version of the ETA prepared as well, as this must be submitted to Chinese regulators for approval and processing.

Please review and kindly advise with any questions/comments.  After hearing back from you we will share this with in-house counsel for BHR for confirmation, and then RSB for execution.

Best regards,

George

George D. Martin
Partner
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