From: Adam Bly
To: Jeffrey Epstein <jeevacation@gmail.com>
Subject: Fwd: Promissory Note
Date: Tue, 02 Feb 2010 19:00:19 +0000
Does this work?
Begin forwarded message:
From: Vera Savcic <■
Date: February 2, 2010 1:43:45 PM EST
To: Adam Bly
Subject: Promissory Note
Hi Adam, I spoke with Neil Raymond and David Peterson and based on my conversation with them, these are
the terms under which we believe the Note could be structured between yourself and Seed Media Group LLC:
• Amount: $500,000
• Term: 120 days, with a 30-day grace period for repayment
• Interest Rate: 12% per annum simple interest payable monthly
• The note is convertible at any time during the life of the loan at the lender's option into Series C preferred
shares
• Priority of repayment - First preferred position during the life of the loan
• No pre-payment penalty
The Company reserves the right to make this same offer to other interested parties so long as the total loan
amount is not greater than $1mm.
Vera Savcic
CFO, SVP Finance & Operations
Seed Media Group LLC
EFTA00764459