From: Jeffrey Epstein <jeevacation@gmail.com>
To: Rich Kahn
Subject: Re: fuel price
Date: Thu, 13 Jan 2011 20:42:23 +0000
I see no need to limit my use to 90 days . I see no reason to tie anything together,. You can politely suggest
that as they seem to control all the prices of all the tbos at the airport , that we agreed to come up from our bid of
430 , and split the difference. / to add additional conditions after the negotiation we are sure was simply
forgetfullness, however we will be bound by our agreement as we expect them to be bound by theirs. I suggest
this deal stay in place as a spread over some agreeed price. for at least two years.
On Thu, Jan 13, 2011 at 4:19 PM, Rich Kahn < wrote:
I am concerned about the last two emails and how beneficial this deal is at this point. Just to review the facts as I
understand them:
1) Currently we are paying $5.73 per gallon via credit card
2) New deal terms: $4.56 per gallon for 10,965 gallons = $50,000 to be sent via wire
3) Net Savings for Mr. Epstein = $1.17 per gallon (5.73 — 4.56) x 10,965 gallons = $12,829
You are now asking for:
a) Office rental at $550 per month x 12 = $6,600 annual cost
b) Loss of Cessna rental $650 x 12 = $7,800 annual cost
Total Additional Costs for Mr. Epstein $14,400
This also does not take into consideration the 3% you are saving by us paying via wire vs. American express
I would like to finalize this deal today and wire you $50,000 as originally agreed without the addition of the two items
above.
Please advise.
Rich Kahn
EFTA00901917
HBRK Associates Inc.
From: Susan Hancock [mailto:
Sent: Thursday, January 13, 2011 2:48 PM
To: 'Susan Hancock':
Cc: Rich Kahn
Subject: RE: fuel price
Hello Larry and Mr Kahn,
I mistakenly forgot an important comment regarding the office/storage space.
I would like to remind both Larry and Mr. Epstein that by accommodating the S76 at the same rate of the Bell, we are
precluded space wise from accommodating a Cessna 182 at a rental rate of $650 per month. We appreciate your
consideration.
Susan Howard Hancock
Owner/Operator
St Thomas Jet Center, LLC
From: Susan Hancock [mailto:
Sent: Thursday, January 13, 2011 12:53 PM
To:
Cc:
Subject: RE: fuel price
EFTA00901918
Hello Larry,
Let me summarize the details of our offer in writing so that you may formally agree and process the wire transfer today
as discussed.
We began our offer to you at $4.82 (inclusive of taxes and fees), our final agreed upon jet fuel price to you is $4.56
inclusive of all taxes and fees.
This amount is $1.76 off our posted retail price of $6.32.
We agree to the $4.56 price in exchange for an advance payment of $50K (to be wire transferred to our account using the
details faxed to you). The total $50K amount is to be used within 90 days per your suggested uplift requirements. Any
fuel not used within that period will revert back to the $4.82 price.
The fuel uplifts will be for use only on the following aircraft tail numbers N909JE, N722JE, N908JE and N491GM. All
uplifts must be completed in a single company name, please advise which name that will be.
At the end of the 90 days and the $50K if this arrangement is agreeable to both sides, we can agree to continue at the
same rate of $1.76 off posted retail for an additional 90 days.
Further, we request that we use this negotiating period to formalize your use of the storage space in the West Hangar
which up until now has been gratis. The space is 15x8 feet or roughly 120 square feet. We will offer this space to you
for a monthly sum of $550.00. The space is familiar to you and includes wireless computer access. We believe this
might afford you just the sort of needed base your operation could productively utilize without overkill.
Susan Howard Hancock
Owner/Operator
St Thomas Jet Center, LLC
From: [mailto
Sent: Thursday, January 13, 2011 9:54 AM
To:
Cc:
Subject: fuel price
EFTA00901919
Hello Susan,
Would it be best for all to have the fuel price you offer in writing, so I can fwd to our CFO Richard Kahn in NYC to review?
you can send to myself and Rich, he is ready to launch the wire, our departure is Saturday the earliest or as late as Tuesday of next
week,. Fm sure you want this in place before extending the discount to us.
Thank you,
Larry
cc; R Kahn
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EFTA00901920