--000000000000f8503d056d085065 Content-Type: multipart/alternative; boundary="000000000000f8503b056d085064" --000000000000f8503b056d085064 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi Stephanie, This all seems very positive...My father and I are out of the office today so we'll review this early next week and get back to you. Thanks! Tim On Thu, May 24, 2018 at 8:21 PM, Stephanie Erickson wrote: > Hi Tim (Jr. but also Sr.), > > > > Here is the NDA for you to sign. And below is a list of terms for the > Letter of Intent that my attorney suggested. > > > > As we discussed, I am open to discussing a variety of options of what thi= s > can look like. I suggest you present a few options to me. We discussed = a > sale and me staying on for a minimum of a year as a > consultant/supervisor/manager (we can discuss the =E2=80=9Ctitle=E2=80=9D= ) and if it is as > an employee or independently. I=E2=80=99d like to agree upon a weekly sa= lary as > well as a set amount of weekly hours for the year (or possibly for longer= ). > > > > > Last time we spoke you discussed an option of a shared revenue model. > Give me your thoughts on this too. > > > > So, I guess you can present a few offers, with different scenarios in > terms of sale price, my involvement for a minimum of a year (or more), wh= at > that would look like (hours/salary), if it would be as an > employee/consultant, etc. I would like to see what you=E2=80=99re imagi= ng in a > full purchase (one year involvement) and a shared revenue scenario. Once > you get this to me, I will send you the financial overview for the past 3 > years (and the first quarter of 2018). From there, we can move forward > with discussing more details/negotiations if we are both feeling > comfortable. > > > > MINIMUM REQUIREMENTS FOR THE LETTER OF INTENT: > > > > 1. This LOI has as its sole purpose to set forth the intentions of the > parties until a final binding agreement (=E2=80=9CAgreement=E2=80=9D) = is executed, if at > all, and this LOI shall not be interpreted as a formal contract requir= ing > either party to enter into any subsequent agreement. Until an Agreeme= nt is > executed, this LOI constitutes the entire agreement between the partie= s > hereto and shall supersede any and all other prior agreements, written= or > oral, relating to the matters herein. > > > > 2. The parties intend to negotiate in good faith the purchase of > all of the outstanding shares of the capital stock of Erickson Resource > Group Inc (ERG). This negotiation will include discussions between the > parties as well as the review of certain documentation provided by ERG at > its sole discretion. All discussions shall form part of the confidential > information outlined in the NDA between the parties. > > > > 1. It is understood that nothing herein shall: > > > > (a) confer on to either party any rights other than as > specifically outlined herein; > > (b) obligate either party to deal exclusively w