EFTA00941391.pdf

From: Jeffrey Epstein <jeevacation®gmail.com> To: Richard Kahn Subject: Re: IG to LSJ Date: Tue, 14 Aug 2012 21:02:36 +0000 3 makes the most sense, Karen is going to fire a bunch of people this friday„so lets talk aout this monday. On Tue, Aug 14, 2012 at 2:55 PM, Richard Kahn < > wrote: I would like to confirm the following: I) Current IG employees will now receive 12 paid holidays and no longer receive overtime. Their salary is based on their current hourly rate x 2210 hours (42.5 hours per week x 52 weeks) 2) Current IG employees will not receive a raise or receive health insurance benefits with this change 3) If IG employees are moved to LSJ Employees LLC we will need to terminate health insurance. In doing so we will need to make provisions for the following existing LSJ Employees a) Carlos - Should not be difficult as his wife works at a school and should be able to obtain coverage b) Danny - Will be difficult as i believe this was motivating factor to bring him to LSJ from IG - will inquire as to coverage he may have had prior to LSJ coverage - put on Karen / Brice TTR plan?? c) Bosco - Will be difficult as he is years away from Medicare - (we should discuss his value vs high cost (approx $86,000 per year) - move him to outside contractor and use as needed ? d) Lester - Should not be difficult as his wife works at a hospital Currently the USVI does not offer many options for singles or families looking to obtain health insurance (we had this same issue with Bill Rowles) For 4 existing LSJ employees i assume we will pay costs to obtain insurance as they were already receiving this benefit Scenario 1: convert IG to salary immediately and then move to LSJ once health insurance provisions are made (should take approximately 30-60 days) Scenario 2: wait estimated 30-60 days until existing LSJ employees make new health insurance provisions then convert IG from hourly to salary on LSJ only Scenario 3: Keep all existing IG employees in IG and just change from hourly to salary with 12 paid holidays. Keep LSJ Employees seperate and maintain health insurance for them Under all scenarios we will need to change employment policy and also inform employees Once you approve Jeanne and I will discuss with Karen and Brice so they can inform employees - I am unsure if they are aware of these plans however i expect resistance from them Please advise that i understand facts correctly and which scenario you want us to implement Richard Kahn HBRK Associates Inc. EFTA00941391 575 Lexington Avenue, 4th Floor, New York, New York 10022 On Aug 10, 2012, at 5:17 PM, Jeffrey Epstein wrote: so lets do it. they get 12 days extra. off. On Fri, Aug 10, 2012 at 3:14 PM, Richard Kahn > wrote: original schedule did not show your additional lsj employee cost of 12 paid holidays nor did it show current IG OT costs paid ytd which will not be included when they are moved to LSJ payroll for example: current IG costs with no paid holidays or OT 525,437 ytd paid OT for IG employees 21,330 total projected IG with OT thru 8-1-2012 546,767 total cost of IG workers with 12 paid holidays and no OT as LSJ Employees 548,900 Richard Kahn HBRK Associates Inc. 575 Lexington Avenue, 4th Floor, New York, New York 10022 Begin forwarded message: From: Date: August 10, 2012 4:55:02 PM EDT To: Subject: Messa e from KMBT_C253 Reply-To: 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 EFTA00941392  Jeffrey Epstein 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 destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved 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 Jeffrey Epstein 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 destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00941393