| H, What are your thoughts about this? Also, would like to book time with you today to talk corporate stuff. I spent several hours yesterday going through the documents to figure them out and develop some recommendations. I think I've got a handle on 90% of it. I'm at the office but will want to "step out" perhaps into the conference room so our discussions can be private. N Neal A. Puckett, Esq LtCol, USMC (Ret) Puckett & Faraj, PC 1800 Diagonal Rd, Suite 210 Alexandria, VA 22314 703.706.9566 The information contained in this electronic message is confidential, and is intended for the use of the individual or entity named above. If you are not the intended recipient of this message, you are hereby notified that any use, distribution, copying of disclosure of this communication is strictly prohibited. If you received this communication in error, please notify Puckett & Faraj, P.C. at 888-970-0005 or via a return the e-mail to sender. You are required to purge this E-mail immediately without reading or making any copy or distribution. Begin forwarded message: From: "Will Donaldson" <will@donaldson.net> Date: March 21, 2011 10:24:34 AM EDT To: "Puckett Neal" <neal@puckettfaraj.com> Cc: "Faraj Haytham" <haytham@puckettfaraj.com>, <jerry.ray@hardcorpsinc.com> Subject: Re: Update and contacts Neal, April 1 will be great. Congrats and I'll send you the details later. Haytham, also congrats on your San Diego work - Neal and I celebrated last Friday on your behalf. As far as the fee agreement, my only concern in the revised MSA sent by Haytham on 2/16 was the max $ that could be accrued for your services in case the MSA was terminated. I can't put HCI into a position where we are in debt to you and can't pay. That was why I wanted to limit the risk to HCI. So, if we can add that limit I can sign and send to you today - I am in NYC meeting with an investment group here as well. We are 100% behind your team working on this and want to give you the 3% to bring in more $. I mentioned we also have a tentative (verbal) with a smaller investor who has offered to put in some money, but not enough to roll out the way we want. We haven't closed that. We would prefer to get the entire $8.5 investment (or $3mm loan) from a single entity. I hope that makes sense - if you'd like we can do a call later (1600?) or I can sign your agreement if we can incorporate the $ limit. Thanks, Will
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