Free Declaration - District Court of Arizona - Arizona

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Case 2:02-cv—O2099-RCB Document 345-15 Filed O3/10/2006 Page10f3

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PARTNERS www MANAGEMENT IN PnxvA*r¤’Erl,u1‘rY
May 14, l999
Mrs. Christine Kirk `
3849 East Sahuaro Boulevard
Phoenix, AZ 85028
Dear Chris:
We obviously enjoyed meeting you and the team and are looking forward to building a business with you.
Forclaritysake, ltltoughtlwouldoutlinetlroitemswedisurssed.
l. Wo need from you a brief business plan (oouple of pages) which outlines the business strategy and the
amount of equity capital you would reasonably require for start up expenses, and the Binding of
contracts. The most important item would be your hiring of partners, staif and administration
for the tlrst year to eighteen months, along with a rough estimate of the working capital required for
salaries and overhead. ln addition, we would like some level of detail on the following
- You, Liana and the teams background
- Overviewofthe¤mmingmdamwnungm¤soumhtgh»dusuy—Stepl¤memmdmxedmme i
www www (
· The rough economics of standard outsourcing ammgentems you have proposed or
implemetrted. (
· References for you and Liana (customers). l
- Further detail ofthe history of business you developed in Phoenix (revenue history, number of i
employees, profit margins, customers, nature of contracts sold, etc. (obviously, please do not
share anything which ls sensitive or confidential).
- Summary ofiive yeartinnnoial tnojectionr.
Jayandlareavailabletobelpyonwithniostofthisifyouneedit ·
2. Onoeweunderstandthecapitalrequirementsfromitemoneabove,wecanprovideyoa1withadetailed
term street regrding our proposed economic arrangement with you. In general, we are willing to
oommitequityczpitaltoNewcoto¤1ndhiitieloverhead¤¢pensosforson1e period, 12-[8 months, with
a corresponding oommitnmm to hind outsourcing contracts once they are sold. Our capital will oome
into Newco primarily as preferred equity. The eomrnon stock of Newco will initially be split between
G‘I`CRandyourteam. Yourcommonequityowrierslnpwillnotbedilutednomcapltaloombrgux
from GTCR
3. Please plan on being in our olliees the allemoon of June 7*, to discuss your business plan with our
principals. As I mentioned, this is more to give everyone a chance to meet you and ask questions.
4. 1 have also leh a voicemail for Ted Fernandez to let him know you will be calling Ted‘s phone
number is (305) 3754005 extension 1000. I filled hirn in on most of the background. Please let me
5. We canaleo provide you with rderenoes outside ofTed, ifyou would like to talk to some of our other
LS·CK6-0973 " " it * 4 ‘ " * r
EKHQBIT Q.
GTCR Gown Rruuaa, u.¤ ~6l00 Sem T¤wa·· Chieago, Illinois 60606-e40z 4 § I ( lk I
Phone $12.3822200 · Fax 312.382.220l •www,gt:¢r,r;om _ I ?·
EXOO60·-001
Case 2 :02-cv—O2099-RCB Document 345-15 Filed 03/ 1 O/2006 Page 2 of 3

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May 14, 1999
Page 2
6. Iw¤u1d1ik¤t¤¤chedulcntimefoxy¤u,Lizuaa¤dIt¤havcdimn¤t¤gc1hcr.May24°’and25°‘axc
good daysf¤ruu:undIa1¤fairlycpc¤Im1c 1*, 2°"und3".
Lctmc\m¤wify¤ul¤v¤a¤y¤1hcrqucs1io¤s. Wcbclizvcynucanbuildmzcxcitiugmmpanyandwc
wclmmc the uppmunity to pamcr with you to do so. Please feel free to call me at (312) 3824.227 mice
0r(847)446·0502b¤m¤,ify¤ul¤vcanyquc:ti01¤. _
Sincerely,
Joseph P. Nolan
Principal
IPN:tjp

i
LS·CK6-0974
GTCR GDLDBR RAUNER, LLC · 6100 Scars Tower · Chicago. Iliinois 606066402
Phone $12.3822200 · Fax $12382.2201 ·www.gtcr.c¤m
EXOOSO-002
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