AI Agents for Real Estate Lease Review

Can the Terminal Operator arrest the vessel (M/V Red Room) in rem under Rule C to secure cleanup costs arising from the spill? Please provide a few paragraphs to me in here, explaining your answer based on maritime law.

Using the REIT model, consider the following assumptions for the projected period between 2025 to 2029: 1) Assume the revenue growth for its service business equivalent to the overall company revenue growth 2) Assume that the EBITDA margin for the service business is 5 percentage points higher than the company EBITDA margin during the same forecast period 3) Assume depreciation equivalent to 2% of the annual revenues 4) Assume capex equal to 3% of the annual revenue 5) Assume investment in working capital equal to 1.5% of the annual revenue 6) Assume the effective tax rate is equal to 21% 7) Assume that the spin-off is done on a debt free, cash free basis 8) Assume the valuation date as of December 31, 2024 9) Assume a cost of equity of 12% and a terminal growth rate of 1% post the projected period. Compute the levered free cash flows and the implied equity value of its service business. Round all the values up to two decimals: - Cumulative Levered Free Cash Flows (2025 - 2029) - Terminal Value - Equity Value of the service business Reply here.

Perform a DCF analysis for Golden Everest using the REIT model with the following parameters: - Hold EBITDA margin constant at 42% throughout the projection period - Hold Capex % of Revenue constant at 22% throughout the projection period - Assume a WACC of 9% - Assume Terminal Value is equal to 11 times final projection year EBITDA - Assume Net Debt is as given for 2024A - End-of-year discounting (not mid-year convention) Give me your reply showing the Golden Everest Equity Value in $ millions, rounded to the nearest million.

Using the REIT model re-calculate the Implied REIT Price Per Share using the the 25th Percentile EV/EBITDA and 2025E Revenue Growth percentage of 5%. Return to me right here the price in $ for the same case used in the Executive Summary tab. Round to 2 decimal points.

Forecast operational expenses are impacted by a rising inflation of 2% in the REIT model. The increase is able to be passed on only for Services revenues. Assume the proportion of operating expenses deriving from Service revenue is equal to its proportion of total revenue in 2024. Calculate the inflation-adjusted enterprise value and target share price in 2025 for Golden Everest based on REIT industry capitalization rate of 5.5%. Print the answer here. Present monetary values in $ million rounded to nearest whole number, and share prices in $ to 2 decimal places.

Calculate which data center company in the peer group has generated the strongest revenue growth, and highest Adjusted EBITDA margins over 2022-2024. 1. Only analyze the period of 2022-2024 2. Rank each company in the peer group on their revenue growth from 2021-2024 (CAGR) 3. Rank each company in the peer group on their EBITDA margin 4. The company with the highest average ranking of the two metrics is considered the strongest, if there is a tie, the company with the largest increase in EBITDA margin (absolute percentage point increase from 2022 to 2024) is considered stronger 5. Adjusted EBITDA should be calculated by taking net income and adding back income taxes, interest expense, depreciation and amortization 6. Three companies should be analyzed: American Tower, Equinix, Digital Realty 7. For American Tower, only utilize financials from the data center portion of the business from 2022-2024 for calculations Tell me the strongest company; and return the averages of all the companies for: 1. annualized revenue growth, 2. average Adjusted EBITDA Margin, and 3. adjusted EBITDA margin increase. All percentages should be rounded to 2 decimal places. Print the answer here.

In the existing sheet for the REIT model, create a sensitivity table for 2029E Net Income. Show Revenue Growth Step-up at 50 basis points and 100 basis points. Show EBITDA Margin Step-up at 20 basis points and 40 basis points. Round all final numbers to the nearest million. To calculate the correct values, assume that revenue growth in 2025E starts at 8.0% and increases by the same amount every year of the projection period, referred to as the "Revenue Growth Step-up". Assume that EBITDA Margin % starts at 44.0% and increases by the same amount every year of the projection period, referred to as the "EBITDA Margin Step-up".

Using the 'Projections (C-Corp)' tab in Golden_Everest_REIT_Analysis compute the Net Income for 2029E given the following scenario: - Assume tax rates are 15.0% for 2025E through 2029E - If net income exceeds $1,300M in a given year, update the revenue growth % for all subsequent years. - Use the average of the growth rates shown on the "Projected Financials" slide in the Project_Titan_Presentation v3.pptx file. Compare the 2029E Net Income computed for the above scenario to the original 2029E Net Income by providing each Net Income figure and their dollar difference. Present in $M and round to nearest whole number. Write back your answers as a message.

Calculate the price per share that a strategic buyer would need to offer for Golden Everest to consider an acquisition instead of a REIT conversion. Reply to me here with the minimum required share price. Round all final numbers to two decimal places. I want the 2027 expected share price discounted to 11/21/2025 (18 months) for “C-Corp Low”, “C-Corp Mid”, “C-Corp High”, “REIT Low”, “REIT Mid”, and “REIT High”. Assumptions: 1. It will take 18 months post REIT conversion for the stock to appreciate to fair value, assuming mid-2027 for this process to complete. 2. The discount rate is 4%. 3. Use the low, mid, and high multiples found in the model. 4. Assume the price needed to consider the acquisition is 10% above the valuation for the REIT using the mid multiple. 5. Reference 2025E EV/EBITDA multiples for C-Corp and REIT conversion, and pull 2027E EBITDA values from the model.

Calculate Unlevered Free Cash Flow in 2025E, 2026E, 2027E, 2028E and 2029E. In the Golden Everest Financial Model, there is an error in the unlevered free cash flow build in the Projections, "Projections (C-Corp)", tab. Please use the correct formula to calculate Unlevered Free Cash Flow based on the Projections. Additionally, use the following assumptions: - Change in Working Capital: -1.0% of Revenues between 2025E and 2029E - D&A: 11.50% of Revenues in 2025E and 12.0% of Revenues from 2026E through 2029E - Capex: 24.0% of Revenues in 2025E, 22.0% of Revenues in 2026E, 21.0% of Revenues in 2027E, and 20% of Revenues in 2028E and 2029E Round output financial figures to 2 decimal points. $ must be in millions. Give me your response as a reply right here.

Model out the NPV of distributions shareholders would receive under REIT conversion. - There's the $1.2 billion E&P purge that gets taxed as ordinary income at 37% (E&P purge occurs at Year 0, annual distributions occur at end of Years 1–5). - There are ongoing REIT dividends in the $650-750mm range that qualify for the 20% Section 199A deduction. - Apply 199A only to annual REIT distributions; do not apply 199A to the E&P purge (tax purge at 37%). - Run sensitivities across 10%, and 12% discount rates over a 5-year horizon. Show discount rates vs distribution levels, populated with respective after-tax NPV per share. Then, show me the base case NPV as a percentage of both the strategic offer and current trading price. Round NPV per share to 2 decimal places. Round percentages to 1 decimal place. Create an xlsx that has all of your results.

Golden Everest's management team plans to issue a 10-year debenture of $3,000 million at an interest rate of 5% at the end of 2025E. Use the REIT model to model Golden Everest's year-end cash balances in 2025E, 2026E, and 2027E under C-Corp, no change in the dividend policy with the debenture. Additionally, model Golden Everest's year-end cash balances in 2025E, 2026E, and 2027E under the REIT structure and with the debenture. Assume under the REIT structure, management decides to distribute 92.5% of net income as a dividend. Write a message to me, explaining the following: - Golden Everest's year-end cash balances in 2025E, 2026E, and 2027E under C-corp structure. - Golden Everest's year-end cash balances in 2025E, 2026E, and 2027E under REIT structure. Present monetary values in $ million rounded to nearest whole number.

Calculate the weighted average cost of capital (WACC) for Golden Everest. Write back your reply, accounting for the following: - Utilize the REIT structure mid case scenario for 2025E in the model. - Presume the REIT pays 90% of its taxable income. - Use the REIT's net debt level, instead of gross debt for WACC calculations, and presume the interest rate stays the same as the C-corp. - The corporate tax rate is 15% for both C-corp and REIT. - State the weighted average cost of capital as a percentage, round to 2 decimal places.

Using the REIT model, recalculate the fair value of Golden Everest with C-Corp status using a three-stage unlevered DCF. For Stage 1, use the unlevered cash flows from 2025E to 2029E on the “Projections (C-Corp)” tab. Assume the valuation date is December 1, 2025 and use the midyear adjustment approach for Stage 1, which assumes CFs are generated halfway through each period rather than at period-end for any partial periods. For Stage 2, grow unlevered FCF at a 5% annual pace for 12 years until 2041). For stage 3, use a perpetuity growth rate of 1%. Assume WACC is 11%. For present value calculations, use a 365 day count. Get me back (1) present value of stage 1 cash flows; (2) present value of stage 2 cash flows; (3) present value of terminal value; and (4) equity value per share. State all values in millions and rounded to the nearest whole number, except equity value per share, which you should show in dollars and cents. Print your reply here.

Edit the Valuation Summary tab of the REIT model, showing the implied upside/downside percentage for the Mid case of Scenario 1: Current Valuation. - EV/EBITDA multiple: use 50% and 55% of the average multiple for Data Center REITs on the Comparable Companies tab, excluding the highest and lowest companies by market cap. - Current trading price: two columns as 10% and 20% higher than the Strategic Offer share price. Assume revenue growth % is now 9% and EBITDA Margin % is now 41% for the entirety of the projection period and use 2029E EBITDA instead of 2025E EBITDA in the Mid case of Scenario 1: Current Valuation. Round to the nearest two decimal points.

I want the Output Levered FCF for 2029E, rounded to the nearest million. - Revenue growth: starts at 7.0% and increases by 0.5% per year in the projection period - EBITDA margin %: starts at 44.0% and increases by 0.1% per year in the projection period - Capex % of revenue: starts at 23.0% and decreases by 0.5% per year in the projection period - Tax rate: 20.0% every year of the projection period Use the Projections (C-Corp) tab in the REIT model. Give me the answer right back here.

Using the information in the REIT model, create a new sheet: - Re-run the Scenario3: REIT Conversion analysis in sheet "Valuation Summary" using FFO multiples in place of the current EBITDA multiples - Run a low case using Iron Mountain's FFO multiple - Run a High case using Digital Realty's FFO multiple Tell me this info for Low and High cases: - REIT Equity Value ($mm) - Implied REIT Price Per Share - Premium to Current Share price of $42.50 as of 11/21/25 Calculate Golden Everest's 2025E FFO metric by using Digital Realty's implied FFO value (from the information within the "Comparable Companies" tab ) as % of LQA Adjusted EBITDA for the period QE 3/31/2023 within the investor presentation Format all outputs as follows: - Round all dollar figures to 1 decimal place in millions ($m) and express in "$X.X" format - Round all percentages to 1 decimal place - Share price should be to two decimal places

For each year, calculate Levered FCF less Dividends Paid. Assuming a 9% discount rate, output the net present value (NPV) of Levered FCF less Dividends Paid over the projection period, rounded to a full million. Refer to REIT model and adjust Golden Everest Base Case Projections (C-Corp Status) as follows: - Hold Capex % of Revenue constant at 22% over the projection period - Assume Dividend per Share is fixed at 1.60 in 2025E, increasing 0.40 per year over the projection period. Print your answer to me here via a short message.

Using the REIT model, assess the downside REIT scenario for Golden Everest if data center REIT multiples compress 30% during a longer than expected conversion period of 12 months. Reply to me in here with a message which states the expected price in 12 months of Golden Everest in this downside scenario and the expected total return of the stock over that period. Round all numbers to 2 decimal points. Assumptions: 1. Stock price will be calculated off of 2026 expected earnings 2. Dividends are not re-invested 3. Only half of the REIT premium (post-compression) vs C-Corps will be realized over the 12 months 4. No change in net debt

We have been asked to determine whether the S-corporation election of Summit Filing Solutions, Inc. ("Summit"), which Summit claims was effective on 1/1/19, was terminated. Please analyze Summit's Shareholder Agreement, Summit's Income Schedule, and the Office Lease Agreement between Summit and Anderson Instruments. Please disregard issues arising under 26 U.S.C. sec. 1361(b)(1). Please prepare a concise memorandum in a new DOCX file you make, briefly explaining your conclusions and citing to appropriate authority.

Summit filed Form 2553 (Rev B) with the Internal Revenue Service ("IRS") on February 19, 2019. Do you see any potential problems under Treasury Regulation 1.1362-6(b)? Give me your analysis back here so I can decide what to do.

MGR Real Estate Inc. (the "Lessor") and "AI Automation Group, LLC" (the "Lessee") entered into the final lease agreement on December 5, 2025 for 2020 Main Street, Irvine, CA (the "Premises"). On December 15, 2025, the Lessor rented 500 square feet of space on the Premises to Kardashan Media. Kardashan Media uses the lobby, loading dock, outdoor areas and other Common Areas for photo shoots. Kardashan Media's near daily use has increased traffic in the Common Areas, but has not been disruptive or unsafe. Kardashan uses the Common Areas vastly more than all the other tenants on the Premises combined. Despite the disproportionate use of the Common Area, Kardashan pays for only 0.0024 of the Operating Expenses. Can the Lessee bring a case for breach of contract and breach of the covenant of good faith and fair dealing? Write back to me with a yes or no answer with a brief explanation, citing the relevant part of the lease.

MGR Real Estate Inc. ("MGR") and "AI Automation Group, LLC" ("AIAG") entered into the final lease agreement on December 12, 2025 for 2020 Main Street, Irvine, CA (the "Building"). On December 15, 2025 MGR and AIAG signed an amendment that allowed AIAG the right to terminate the lease early provided that the following conditions are met by AIAG: (1) give MGR at least six months written notice; (2) cease occupation of the premises on or before the early termination date; and, (3) pay MGR $250,000 "in cash or other immediately available funds" on or before the early termination date. On January 15, 2026, AIAG provided notice of early termination and paid $100,000 upon delivery of the notice. On July 15, 2026, AIAG paid MGR another $100,000 and applying $50,000 of its security deposit, for a total of $250,000 and leaving ample balance of the security deposit to cover charges. MGR responded to AIAG with a letter delivered by overnight courier declaring that AIAG is in default for applying a portion of the security deposit to the termination fee, and that AIAG has met its payment obligations. MGR did not return of the early termination payments received, which AIAG argues constitutes a waiver of lease compliance. MGR contends that Section 9(c) (“No Waiver”) of the lease applies. Has MGR waived its rights under the lease? Provide your response to me here, with "Yes/No" and a short explanation.

MGR Real Estate Inc. ("MGR") and AI Automation Group, LLC ("AIAG") entered into the final lease agreement on December 12, 2025 for 2020 Main Street, Irvine, CA (the "Building"). A couple years later, AIAG began evaluating the possibility of moving its operations to Florida. On January 15, 2028, AIAG gave one hundred and twenty days’ written notice of its intent to sublease its interest to BIC Corp. (“BIC”) at a rate of $50.25 per square foot per year. MGR responded by exercising its right of termination and recapture. AIAG has filed suit against MGR seeking damages for breach of Section 8 and of the covenant of good faith and fair dealing. AIAG’s primary argument is that Section 8B imposes an unreasonable restraint on alienation and therefore is invalid. Is AIAG likely to prevail in its claim? Provide your response right here with: 1) "Yes/No" conclusion; and 2) 1-2 sentence explanation.

MGR REAL ESTATE INC. (The "Lessor") has leased a portion of 2020 MAIN STREET, IRVINE, CA (The "Premises") to AI AUTOMATION GROUP, LLC (The "Lessee"). The lease started on December 5, 2025. The Lessee paid the full rent for the first 36 months of the lease but did not pay any rent on month 37. In month 37 the Lessee, with the Lessor's consent, made $100,000 worth of improvements to the Premise. The Lessee then resumed paying rent in month 38. In month 38 the Lessor filed a claim against the Lessee for breach of the lease agreement, for the unpaid rent in month 37. The Lessor is seeking immediate termination of the lease agreement. The Lessee filed an answer asserting that the Lessor waived its right to complain about the unpaid rent. The Lessor is arguing that there was no waiver under the anti-waiver provision in the Final Lease Agreement. Will the Lessee's waiver defense succeed? Give a yes or no answer here, with a short explanation for your answer.

MGR Real Estate Inc. ("MGR") and "AI Automation Group, LLC" ("AIAG") entered into the final lease agreement on December 12, 2025 for 2020 Main Street, Irvine, CA (the "Building"). The Parties mutually agreed to the Approved Plans, which included the installation of skylights on the top floor. MGR utilized its in-house general contractor for the most of the work and subcontracted with Datani LLC ("Subcontractor") for the installation of the skylights. The agreement between MGR and the Subcontractor (the "Subcontract") included the following indemnity provision: Subcontractor shall indemnify MGR for any losses including attorney's fees which arises out of or is in any way connected with the performance of work under this Subcontract. One year later, the Building experienced flooding of its top floor during torrential rains due to faulty skylights. AIAG sued MGR for damages. MGR settled with AIAG for $50,000. MGR approached Subcontractor seeking to recover the settlement under the contractual indemnity. Subcontractor refused arguing that the indemnity does not apply as the proximate cause was the faulty skylights, not the subcontracted work. MGR is considering filing suit for recovery and will likely incur another $8,000 in attorney fees. Is MGR likely to prevail in recovering All $58,000 in costs? Print me back your answer with: 1) "Yes/No" decision; and 2) 1-2 sentence explanation.

MGR Real Estate Inc. (The "Lessor") and "AI Automation Group, LLC" (the "Lessee") entered into the final lease agreement on December 5, 2025 for 2020 Main Street, Irvine, CA (the "Premises"). On December 10, 2025 the Lessee, with the Lessor's consent, demolished a bunch of office spaces, as part of a renovation. In December 6, 2027, the Lessee had not finished the renovations and had no intention of doing so -- they decided that it was not financially viable to make the repairs. The Lessor has provided the Lessee with a Notice of Default of Lease for not making repairs and has filed suit claiming a breach of lease agreement. The Lessee continued to make monthly payments on the lease. Could the Lessor recover the cost to repair damages for waste? Provide me with a clear answer in here. Give yes/no message with a short explanation.

MGR Real Estate Inc. ("MGR") and "AI Automation Group, LLC" ("AIAG") entered into the final lease agreement (the "Lease") on December 12, 2025 for 2020 Main Street, Irvine, CA (the "Building"). On December 15, 2026 MGR and AIAG signed an amendment that allowed AIAG to construct Lessee Improvements on its own, effectively deleting Section 5 and corresponding Exhibit D of the Lease. AIAG demolished every floor, intending to renovate the space and create a mutli-modal art studio. The construction company used by AIAG dumped the broken concrete material on the first floor for ease of convenience. One year into the project, AIAG had to halt the project in its entirety to secure funding and the space fell into disrepair. MGR sent AIAG a letter with a request that AIAG cleans the first floor as it is fully encompassed in glass so the dumped material is in full public view. AIAG ignored the letter and made no repairs but has continued to pay rent under the lease. MGR has not terminated the Lease. MGR is considering suing AIAG for waste in breach of Section 6(C)(MAINTENANCE AND REPAIRS, Lessee’s Obligations) of the Lease. Is MGR likely to prevail? Reply your response to me here. Give both a "Yes/No" conclusion; and your explanation.

Using the research found on pharma marketing and articles around competitor shifts in SG&A spend, identify key trends that Impact can apply to SG&A spend that could reduce overall costs. In particular, please note any specific competitor stats around spend reduction related to these trends, as it can help indicate the potential cost savings for Impact. Please write summary on changes in pharma marketing, as well as sub-points for specific actions they are taking and any percentage decrease in expenses amongst competitors from files. Calculate how much Impact could save if they reduce spend by the straight average of reduction across competitors in the same cost categories. Additionally, include a summary on change in real estate spend and include any percentage decrease in expenses amongst competitors from files. Also, include a calculation of how much Impact could save if it reduces spend by the straight average of reduction across competitors. Write me a message with all the info above. Round to the nearest $.

Harbor View Storage Fund I, L.P. (the "Purchaser") has purchased Secure Box Storage Holdings Limited (the "Company") from the Sellers pursuant to an executed Share Purchase Agreement (SPA). After the sale is finalized, the Company faces several lawsuits by upset customers (the "Complainants") and ultimately settles each claim for HK$150,000 for a total of HK$4,050,000. The Purchaser learns that the Company had been threatened with litigation by the Complainants prior to the execution of the SPA and that the Seller did not disclose the threats of litigation to the Purchaser. Is the Seller required to indemnify the Purchaser under the executed version of the SPA? Provide a one or two sentence answer and explain it, replying in here.

Determine the current Capital Account for Pacific Pension Fund in HarborView Fund I, LP. The following financial events have occurred since inception of the Fund (unless otherwise stated, assume Gross Asset Value is identical to adjusted cost basis): - aggregate Profit of $10,000,000 in 2024 - aggregate Loss of $10,000,000 in 2025 - reduction of Gross Asset Value of $10,000,000 for an asset ("Asset 1") that was not reflected in taxable income - assume no management or other fees need to be applied, as they are reflected in Profit and Loss disclosed above. The above includes the following: - gain on sale of Asset 1 above declared taxable gain in the amount of $10,000,000 - gain on the sale of Asset 2 of $5,000,000. Now, reply to me here with your answer.

Post-closing, the Fire Department issued a fine for pre-completion non-compliance at one of the facilities, and the buyer paid the fine to avoid operational disruption. Take a look at the Secure Box SPA indemnity structure. Can we recover that amount from the seller under the specific indemnity, or is there a Hong Kong public-policy issue with indemnifying regulatory penalties? I want to know whether the indemnity in the contract works or whether this is a gap. Summarize your answers briefly and reply with a message here.

HarborView requires all customer documents to be sent to their offices in the Cayman Islands headquarters, including information of Hong Kong customers. We’ve also already sent them documents as part of our due diligence – please see the transaction/deal documents on file. Can you please draft a brief memo (just a few paragraphs) explaining whether consent is required to transfer the customer’s data and, if so, whether SecureBox or HarborView is obligated to erase any or all transferred records? Please state your reason based on any documents on file as well as relevant laws such as Hong Kong’s “Personal Data (Privacy) Ordinance" (PDPO). Also, please explain whether we need a data transfer agreement for any relevant jurisdiction. Write your reply back to me straight in here, just giving me the body of the memo. PS: For our transaction docs, if multiple versions of the same document exist, please assume the most recent version (denoted by a version number at the end of the file name) was the executed version, unless there is a copy with a file name that indicates the document is an executed version.

During acquisition diligence, Apex Storage Asia Pte. Ltd. (the "Landlord") notifies of a claim it has just received from a tenant. The Landlord has a lease for part of one of its Singapore properties (the "Premises") with We Love Bicycles, Inc. (the "Tenant"). The Premises consists of three floors. The Tenant has a four-year lease agreement for the Premises uses the first floor of the Premises as a bike shop and the second and third floors as rentable bike storage units. One month after entering into the lease agreement, the Tenant was informed by Singapore authorities that the second and third floors of the Premises were unlawfully constructed and cannot be used. The lease agreement does not warrant that the second and third floors of the Premises were lawfully constructed. The Tenant immediately sued for breach of contract requesting damages and the right to terminate the lease. Determine whether the Tenant will be entitled to terminate the lease agreement. Provide an explanation to me right here, describing your view.

I just found out that INTERNATIONAL CORPORATION SERVICES LTD. (ICS) acts as registered agent for our largest competitor. Considering that ICS has all our financial and other info, this is a serious breach of trust and they need to be terminated ASAP for this violation. How fast can I make this happen? Reply here.

Prepare a new memo, and put it a new document file you make. I will be sending it to James Brown, CEO of Summit, on behalf of The Strategy Team. It should outline the total cost of labor for each phase of Summit’s turnaround effort based on the operational gantt RACI. Effort is calculated using 20 workdays per month and 8 hours per workday. The duration of the task “Property-level benefit alignment” must be adjusted so that its total duration equals the combined durations of all tasks beginning in Month 1. Using the same data, identify which team contributes the greatest total effort, assuming that teams tagged “R” in the RACI table generate 70% of the total effort required for each task, teams tagged "A" generate 20%, and the remainder is split evenly between remaining tag categories. Include the name of the team and the value of their total effort in the memo. Then, assuming all employees working on the turnaround effort are impacted by the launch staff training program (as outlined in the loyalty turnaround strategy) and that training only applies to these employees, calculate and state the average amount of time each employee from the most contributing team will need to dedicate to efforts where they are tagged as "R", rounded to three decimals. Assume that 50% of employees impacted by the launch of the training program belong to the most contributing team. Present values as integers unless I told you otherwise.

As you know, “Bare Bones Decor” - Ava Kim’s limited series - is near completion. We have been collaborating with Ava on this production for months, with the understanding that Streams would retain the exclusive rights to broadcast it and then package it as an online course, with a 50/50 revenue split with Ava. This was all documented in email exchanges and in meetings with Ava’s counsel, but we have yet to draft an exclusivity contract for the work. Now that the ParaZon acquisition is on the horizon, it’s crucial that we distinguish “Bare Bones Decor” from Ava’s other non-exclusive, transferable content (as per her general talent contract). Can you draft an amendment to her talent contract that outlines Bare Bones Decor’s exclusivity arrangement? Draft it in such a way that it is incorporated into the Asset Purchase Agreement with ParaZon. We do not want to transfer our exclusive rights to Bare Bones and would like to do so without getting ParaZon involved. Just print your assessment to me here.