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<p class="MsoNormal"><span style="font-family:"Arial","sans-serif"">Dear Client Committee,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial","sans-serif""><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial","sans-serif"">Attached are our comments to the latest draft proposal. Please let us know if you have any questions on our mark-up. We look forward to discussing on Tuesday.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial","sans-serif""><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial","sans-serif"">Best regards,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial","sans-serif""><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial","sans-serif"">Holly, Sharon & Josh<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial","sans-serif""><o:p> </o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><b><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">SHARON</span></b><span style="font-size:10.0pt;font-family:"Arial","sans-serif""> <b>FLANAGAN</b></span><span style="font-size:12.0pt;font-family:"Times New Roman","serif""><br>
</span><span style="font-size:9.0pt;font-family:"Arial","sans-serif"">Partner</span><span style="font-size:12.0pt;font-family:"Times New Roman","serif""><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:9.0pt;font-family:"Arial","sans-serif"">Sidley Austin LLP<br>
555 California Street<br>
Suite 2000<br>
San Francisco, CA 94104<br>
+1.415.772.1271</span><span style="font-size:12.0pt;font-family:"Times New Roman","serif""><br>
</span><span style="font-size:9.0pt;font-family:"Arial","sans-serif""><a href="mailto:sflanagan@sidley.com" title="Click to send email to Flanagan, Sharon"><span style="color:blue">sflanagan@sidley.com</span></a></span><span style="font-size:12.0pt;font-family:"Times New Roman","serif""><br>
<a href="http://www.sidley.com" title="www.sidley.com"><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:blue">www.sidley.com</span></a><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><a href="http://www.sidley.com/"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:blue;text-decoration:none"><img border="0" width="35" height="35" id="_x0000_i1025" src="http://www.sidley.com/files/upload/signatures/SA-autosig.png" alt="http://www.sidley.com/files/upload/signatures/SA-autosig.png"></span></a><span style="font-size:10.0pt;font-family:"Arial","sans-serif""> </span><b><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">SIDLEY
AUSTIN LLP</span></b><span style="font-size:10.0pt;font-family:"Times New Roman","serif""><o:p></o:p></span></p>
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