Monday, September 21, 2009
The Letter and Contract
We presented our letter and contract to you today. You were overall pleased with the results, but we most certainly need to make some changes. We need to ensure that we have enough time between due diligence and closing to be practicable. 60 days for diligence and 90 days for closing is a better ratio than 90/90 respectively. We are also going to make the contract more readable with a block format.