From: Lee J. Mendelson
Sent: Tuesday, July 15, 2014 10:36 AM
To: 'Gary B Wolff'
Subject: RE:
Gary:
Receipt of your letter dated July 8, 2014 is hereby acknowledged. Notwithstanding the fact that we dispute the existence of any claims by Mr. Wilson against either Frank or Roy Dalene or Hamptons Luxury Homes, Inc. (“Hamptons”), please be advised that I have been authorized by Hamptons to review any specific proposal that you may have which would benefit the shareholders. Please provide all documents that you would like us to review together with a detailed outline of the proposed transaction. We note that any proposed transaction must contain details inclusive of a plan detailing how your client intends to provide both pre and post-transaction indemnities for the involved parties, their companies and professionals.
Please be advised that our consent to review your proposal is not an agreement to enter into any transaction and that no agreement exists between the parties until such time as the terms of a definitive agreement are fully agreed upon and executed by all parties to the transaction as well as any and all regulatory disclosures and approvals are obtained.
Lee J. Mendelson
Partner
