Case 2:O 4—¢v#O
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— MER1TAGECORPGRlAl1GN
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planuary S, 2003 I g tvrysi 5%;.; `Q
V °’=¤E?Tm"?E·=
Mr. J on Titus I
Titus, Brueckner & Berry _ · I
7373 N. Scottsdale, #252
Scottsdale, AZ 85253 . _
Re: Greg Hancocl<’s 2001 Earn—Out Schedule · V .
Dear lon: ~ I I
I Per Greg Hancock, he asked that 1 forward to your attention the following information `
regarding his 2001 Earn-Out agreement: , _ V
A. Schedule showing the 2001 Earn—Out calculation. This schedule shows what I
the calculations would have been if Greg was not with the company. His
revised Earn-Out would have been $863,473 a reduction of approximately
$1.8 million.
13. January 29, 2002 letter to Greg, reflecting a , payment of $2,481,515 -
representing 90% of his 2001 Earn-Out.
C. April 3, 2002 letter to Greg, reflecting the final payment of $275,683 of his
2001 Earn-Out. A I
` lf you have any questions, 1 can be reached at 480-609-3336. 1
Sincerely, _
4:/ // y `
. y' _ p 1
Lam seay
V — r" ·
P GPO /I/,
LS/tmk——/’
Enclosures
Cc: Greg Hancock °
p Case 2:04-cv—00384—ROS Document 413-15 Filed 12/18/2006 Page 2 of 2 I
Case 2:04-cv-00384-ROS
Document 413-15
Filed 12/18/2006
Page 1 of 2
Case 2:04-cv-00384-ROS
Document 413-15
Filed 12/18/2006
Page 2 of 2
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