From: Faith Kates
To: jeffrey E. <jeevacation@gmail.com>
Subject: Re: mark
Date: Sat, 29 Jul 2017 17:37:12 +0000
No thoughts on his proposal
Sent from my iPhone
On Jul 29, 2017, at 11:26 AM, Jeffrey E. leevacation@gmail.com> wrote:
you sent me a requiest to speak?
On Sat, Jul 29, 2017 at 10:25 AM, Faith Kates < > wrote:
9
Sent from my iPhone
On Jul 29, 2017, at 7:50 AM, jeffrey E. <jeevacation@gmail.com> wrote:
weekend better
On Fri, Jul 28, 2017 at 5:56 PM, Faith Kates < > wrote:
We may need to find someone who we can better afford thoughts
We had a long talk, and I'm glad that we did have this conversation. I recommend that the 3 of us have
a conf call to discuss and then have another round of dialogue with Mark
Mark's position is still very much as he stated early in his conversations:
-He feels he can add a lot of value and is interested in contributing to bring NEXT to the next level
Of growth
-he is interested in a senior exec position, with a CFO reporting in to him as well as the other
administrative functions, including those things that currently report to Milie, and IT & HR
- he would want to see an org structure that allows him to be an active regular part of executive
decision making
The information he shared early on is still his position; may interpretation of how he conveyed this is
that he feels this reflects adding a COO who will have the credibility and strength to reform the
organization and grow.
He also said that if you are not ready for this, the door to discussion of a 6 month short term assessment
is still open.
His terms remain:
Schedule:
EFTA00708655
30 hrs per week, which includes 2-3 days on site; he understands 3 days are needed early on but would
like some flex as the organization gets stronger
2 critical positions for him to be successful:
-Controller immediate addition to acctg team
-CFO current incumbent /future replacement who will report to COO position
Comp $650k:
Any flexibility in base and bonus would be based on having an equity stake interested in an equity
position and his comp expectations are not as flexible as we had hoped.
Equity:
He is very interested in a equity position, so we need to spell that out or if delay he'd benefit from
understanding why the delay.
Let's chat about more specifics either Monday or over the weekend
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please note
The information contained in this communication is
confidential, may be attorney-client privileged, may
constitute inside information, and is intended only for
the use of the addressee. It is the property of
JEE
Unauthorized use, disclosure or copying of this
communication or any part thereof is strictly prohibited
and may be unlawful. If you have received this
communication in error, please notify us immediately by
return e-mail or by e-mail to jeevacation@gmail.com, and
EFTA00708656
destroy this communication and all copies thereof,
including all attachments. copyright -all rights reserved
EFTA00708657