Return-Path: Received: from server.64xmedia.com by server.64xmedia.com with LMTP id 3MaADrJk0mRpVQAAdUq3JA (envelope-from ); Tue, 08 Aug 2023 11:52:18 -0400 Return-path: Envelope-to: directory@aicenergycorp.com, jwilson@aicenergycorp.com Delivery-date: Tue, 08 Aug 2023 11:52:18 -0400 Received: from wsip-72-211-63-13.lv.lv.cox.net ([72.211.63.13]:63703 helo=DESKTOPK3JB9CK) by server.64xmedia.com with esmtpsa (TLS1.2) tls TLS_ECDHE_RSA_WITH_AES_256_GCM_SHA384 (Exim 4.96) (envelope-from ) id 1qTP0M-0005gW-0E; Tue, 08 Aug 2023 11:52:18 -0400 From: To: "'Wayne Rousch'" Cc: "'Jennifer Wilson'" , , References: <003b01d9c637$259e42d0$70dac870$@aicenergycorp.com> <93C5B037-810F-4B87-BFE3-21B461631325@ccenergy.ca> <000a01d9c647$c6588d10$5309a730$@aicenergycorp.com> <001c01d9c703$44227b00$cc677100$@aicenergycorp.com> <004001d9c71b$302473c0$906d5b40$@aicenergycorp.com> <006201d9c954$388c87b0$a9a59710$@aicenergycorp.com> In-Reply-To: Subject: RE: FINAL DRAFT -Term Sheet for SAF & ARD Date: Tue, 8 Aug 2023 08:52:17 -0700 Message-ID: <000501d9ca10$4f72a060$ee57e120$@aicenergycorp.com> MIME-Version: 1.0 Content-Type: multipart/alternative; boundary="----=_NextPart_000_0006_01D9C9D5.A3161250" X-Mailer: Microsoft Outlook 16.0 Thread-Index: AQJPFuR01Nal0zUHlxURA5+viQaMMwGdimVEApTNXfsAtvR75QFdKkRvAp3yRG4B/xpMrQF9eNkbAjwV+ZgCA6g/Rq5w7OyQ Content-Language: en-us This is a multipart message in MIME format. ------=_NextPart_000_0006_01D9C9D5.A3161250 Content-Type: text/plain; charset="utf-8" Content-Transfer-Encoding: quoted-printable Thank you, Wayne. =20 From: Wayne Rousch =20 Sent: Tuesday, August 8, 2023 7:49 AM To: pstack@aicenergycorp.com Cc: 'Jennifer Wilson' Subject: Re: FINAL DRAFT -Term Sheet for SAF & ARD =20 Thanks Phil. I completed my review of your last version and have accepted all of your = suggested changes. I have attached the new version as the FINAL DRAFT = -SAF_ARD Fuels =E2=80=93 non-binding-clean version. =20 Wayne Rousch, President & CEO Carbon Clean Energy Inc. +1(403) 827-8597 =20 =20 From: pstack@aicenergycorp.com = > Date: Monday, August 7, 2023 at 11:26 AM To: Wayne Rousch > Cc: 'Jennifer Wilson' > Subject: RE: FINAL DRAFT -Term Sheet for SAF & ARD Hi Wayne, =20 Attached is the final draft of the term sheet with final revisions. = Most of the revisions are minor (ex. formatting changes, grammar fixes, = etc.). I did turn track changes on for you to see the changes. =20 Please feel free to review and accept each change. If there is a change = you don=E2=80=99t like (I don=E2=80=99t foresee this happening), please = let me know and we can chat about it if need be. =20 Shane Padgett will be the intended recipient of the letter and I put his = name in the two places it needed to go. =20 Sincerely, Phillip Stack =20 From: Wayne Rousch >=20 Sent: Friday, August 4, 2023 2:34 PM To: pstack@aicenergycorp.com =20 Subject: Re: FINAL DRAFT -Term Sheet for SAF & ARD =20 Thanks Phil=20 Appreciate your help! Have a great weekend=20 CARBON CLEAN ENERGY =20 Wayne Rousch, P. Eng. President & CEO wrousch@ccenergy.ca =20 +1-(403)-827-8597 On Aug 4, 2023, at 3:32 PM, pstack@aicenergycorp.com = wrote: =EF=BB=BF=20 Hi Wayne, =20 Thank you. I will take a final look at it (likely Monday) and let you = know. At first glance, I didn=E2=80=99t see anything jumping out at me = though. =20 Have a good weekend, Phillip Stack =20 From: Wayne Rousch >=20 Sent: Friday, August 4, 2023 12:46 PM To: pstack@aicenergycorp.com =20 Cc: jmelk06@icloud.com ; 'Jennifer Wilson' = >; = directory@aicenergycorp.com =20 Subject: Re: FINAL DRAFT -Term Sheet for SAF & ARD Importance: High =20 All=20 Thanks for your final comments, Phil. I think we are very close!! =20 Please review the FINAL DRAFT and provide comments. =20 Wayne Rousch, President & CEO Carbon Clean Energy Inc. +1(403) 827-8597 =20 =20 From: pstack@aicenergycorp.com = > Date: Friday, August 4, 2023 at 12:41 PM To: Wayne Rousch > Cc: jmelk06@icloud.com >, 'Jennifer Wilson' = >, = directory@aicenergycorp.com = > Subject: RE: Draft Term Sheet for SAF & ARD Hi Wayne, =20 Caught a few more changes and tried to clarify a little better in a = place or two. Changes are highlighted in light blue. =20 Sincerely, Phillip Stack =20 From: Wayne Rousch >=20 Sent: Friday, August 4, 2023 8:30 AM To: pstack@aicenergycorp.com =20 Cc: jmelk06@icloud.com ; 'Jennifer Wilson' = >; = directory@aicenergycorp.com =20 Subject: Re: Draft Term Sheet for SAF & ARD =20 Phil I have corrected some small nits As well clean-up the document to = include you suggestions.=20 Let me know you contact info for our discussion at 12PM your time today? =20 Wayne Rousch, President & CEO Carbon Clean Energy Inc. +1(403) 827-8597 =20 =20 From: pstack@aicenergycorp.com = > Date: Thursday, August 3, 2023 at 2:19 PM To: Wayne Rousch > Cc: jmelk06@icloud.com >, 'Jennifer Wilson' = >, = directory@aicenergycorp.com = > Subject: RE: Draft Term Sheet for SAF & ARD Hi Wayne, =20 Anytime between 12-3 PM PDT would be fine tomorrow for me. =20 Sincerely, Phillip Stack =20 From: Wayne Rousch >=20 Sent: Thursday, August 3, 2023 12:53 PM To: pstack@aicenergycorp.com =20 Cc: jmelk06@icloud.com ; Jennifer Wilson = >; = directory@aicenergycorp.com =20 Subject: Re: Draft Term Sheet for SAF & ARD =20 Thanks for the comments Phil. Perhaps we could touch base tomorrow = afternoon as you suggest. What time would work for you?=20 =20 On the appendix, the attachments would be indicative documents that are = necessary for completion. It demonstrates the process that must be = followed to complete the transactions.as you suggested- helps the = investors understand the transaction process . =20 CARBON CLEAN ENERGY =20 Wayne Rousch, P. Eng. President & CEO wrousch@ccenergy.ca +1-(403)-827-8597 On Aug 3, 2023, at 12:20 PM, = pstack@aicenergycorp.com wrote: =EF=BB=BF=20 Hi Wayne, =20 I think most of the changes you made were good. I am attaching a = revised Draft 6 and made my changes in blue. Items in italics are = comments (to be deleted in the final version). =20 If needed, I should be free tomorrow afternoon to discuss via phone if = necessary. =20 Sincerely, Phillip Stack =20 From: Wayne Rousch < wrousch@ccenergy.ca>=20 Sent: Thursday, August 3, 2023 8:28 AM To: pstack@aicenergycorp.com Cc: jmelk06@icloud.com; 'Jennifer Wilson' < = jwilson@aicenergycorp.com>; = directory@aicenergycorp.com Subject: Re: Draft Term Sheet for SAF & ARD =20 Phil Attached highlights of potential changes to the DRAFT TERM Sheet for = discussion. =20 Wayne Rousch, President & CEO Carbon Clean Energy Inc. +1(403) 827-8597 =20 =20 From: pstack@aicenergycorp.com < = pstack@aicenergycorp.com> Date: Wednesday, August 2, 2023 at 4:05 PM To: Wayne Rousch < wrousch@ccenergy.ca> Cc: jmelk06@icloud.com < = jmelk06@icloud.com>, 'Jennifer Wilson' < = jwilson@aicenergycorp.com>, = directory@aicenergycorp.com < = directory@aicenergycorp.com> Subject: Draft Term Sheet for SAF & ARD Hi Wayne, =20 I took a look at the most recent draft we had regarding your term sheet = and made a few adjustments. I have attached a new draft version of the = agreement. =20 The biggest change I made is regarding the incentives. I don=E2=80=99t = think we would be interested in the incentives (mainly because I do not = know if AIC&Kake will have a trading arm capable of moving the = incentives). I also wrote the governing laws as Alaska. =20 Please feel free to make any changes to the draft agreement as Revision = 5 and send back. =20 Sincerely, Phillip Stack ------=_NextPart_000_0006_01D9C9D5.A3161250 Content-Type: text/html; charset="utf-8" Content-Transfer-Encoding: quoted-printable

Thank you, Wayne.

 

From: Wayne Rousch <wrousch@ccenergy.ca> =
Sent: Tuesday, August 8, 2023 7:49 AM
To: = pstack@aicenergycorp.com
Cc: 'Jennifer Wilson' = <jwilson@aicenergycorp.com>
Subject: Re: FINAL DRAFT = -Term Sheet for SAF & ARD

 

Thanks = Phil.

I completed my review of your last version = and have accepted all of your suggested changes. I have attached the new = version as the FINAL DRAFT -SAF_ARD Fuels =E2=80=93 non-binding-clean = version.

 

Way= ne Rousch, President & CEO

Car= bon Clean Energy Inc.

+1(= 403) 827-8597

 

 

From: pstack@aicenergycorp.com = <pstack@aicenergycorp.com>=
Date: Monday, August 7, 2023 at 11:26 AM
To: Wayne = Rousch <wrousch@ccenergy.ca>
Cc:= 'Jennifer Wilson' <jwilson@aicenergycorp.com&g= t;
Subject: RE: FINAL DRAFT -Term Sheet for SAF & = ARD

Hi Wayne,

 

Attached is the final = draft of the term sheet with final revisions.  Most of the = revisions are minor (ex. formatting changes, grammar fixes, etc.).  = I did turn track changes on for you to see the = changes.

 

Please feel free to = review and accept each change.  If there is a change you = don=E2=80=99t like (I don=E2=80=99t foresee this happening), please let = me know and we can chat about it if need be.

 

Shane Padgett will be = the intended recipient of the letter and I put his name in the two = places it needed to go.

 

Sincerely,

Phillip = Stack

 

From: Wayne Rousch <wrousch@ccenergy.ca> =
Sent: Friday, August 4, 2023 2:34 PM
To: pstack@aicenergycorp.com
= Subject: Re: FINAL DRAFT -Term Sheet for SAF & = ARD

 

Thanks Phil =

Appreciate your = help!

Have a great = weekend 

CARBON CLEAN = ENERGY 

Wayne Rousch, P. = Eng.

President & = CEO

+1-(403)-827-8597



On Aug 4, 2023, at 3:32 PM, pstack@aicenergycorp.com = wrote:

=EF=BB=BF

Hi Wayne,

 

Thank you.  I = will take a final look at it (likely Monday) and let you know.  At = first glance, I didn=E2=80=99t see anything jumping out at me = though.

 

Have a good = weekend,

Phillip Stack

 

 

All

Thanks = for your final comments, Phil. I think we are very = close!!

 

Please = review the FINAL DRAFT and provide comments.

 

 

 

Hi Wayne,

 

Caught a few more = changes and tried to clarify a little better in a place or two.  = Changes are highlighted in light = blue.

 

Sincerely,

Phillip = Stack

 

 

Phil

I have = corrected some small nits As well clean-up the document to include you = suggestions.

Let me know you contact info for = our discussion at 12PM your time today?

 

 

 

Hi Wayne,

 

Anytime between 12-3 = PM PDT would be fine tomorrow for me.

 

Sincerely,

Phillip = Stack

 

 

Thanks for = the comments Phil. Perhaps we could touch base tomorrow afternoon as you = suggest. What time would work for you?




On Aug 3, 2023, at 12:20 PM, pstack@aicenergycorp.com = wrote:

=EF=BB=BF

Hi Wayne,

 

I think most of the = changes you made were good.  I am attaching a revised Draft 6 and = made my changes in blue.  Items in italics are comments (to = be deleted in the final version).

 

If needed, I should = be free tomorrow afternoon to discuss via phone if = necessary.

 

Sincerely,
Phillip = Stack

 

From: Wayne Rousch <wrousch@ccenergy.ca>
Sent: Thursday, August 3, = 2023 8:28 AM
To: pstack@aicenergycorp.com
Cc: jmelk06@icloud.com; 'Jennifer Wilson' <jwilson@aicenergycorp.com>; directory@aicenergycorp.com<= span style=3D'font-size:11.0pt'>
Subject: Re: Draft Term Sheet = for SAF & ARD

 

Phil

Attached =  highlights of potential changes to the DRAFT TERM Sheet for = discussion.

 

Way= ne Rousch, President & CEO

Car= bon Clean Energy Inc.

+1(= 403) 827-8597

 

 

From: pstack@aicenergycorp.com <pstack@aicenergycorp.com>
Date: Wednesday, = August 2, 2023 at 4:05 PM
To: Wayne Rousch <wrousch@ccenergy.ca>
Cc: jmelk06@icloud.com <jmelk06@icloud.com>, 'Jennifer Wilson' = <jwilson@aicenergycorp.com>, directory@aicenergycorp.com<= span style=3D'font-size:12.0pt;color:black'> <directory@aicenergycorp.com<= span style=3D'font-size:12.0pt;color:black'>>
Subject: = Draft Term Sheet for SAF & ARD

Hi = Wayne,

 =

I took a = look at the most recent draft we had regarding your term sheet and made = a few adjustments.  I have attached a new draft version of the = agreement.

 =

The biggest = change I made is regarding the incentives.  I don=E2=80=99t think = we would be interested in the incentives (mainly because I do not know = if AIC&Kake will have a trading arm capable of moving the = incentives).  I also wrote the governing laws as = Alaska.

 =

Please feel = free to make any changes to the draft agreement as Revision 5 and send = back.

 =

Sincerely,

Phillip = Stack

<Draft #6 -SAF_ARD Fuels - Non-Binding = Term Sheet = R433.docx>

<= /div>
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