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• • III IIIIIIIIIIIIIII <br /> Lamm & Schader I <br /> TOM W. LAMM �Aitm)?eys ai Lain <br /> ROBERT K SCHADER 032 PEARL STREET <br /> OF COUNSEL, BOULDER. COLORADO 60302 <br /> JOHN W. YOUNG (303) 447-2601 <br /> February 28, 1979 <br /> Mr. Robert J. Stemwedel, Jr. <br /> Attorney at Law <br /> P.O. Box 1140 <br /> Eagle, Colorado 81631 <br /> Re: Eagle River Trust <br /> Dear Mr. Stemwedel: <br /> This letter is to confirm your retention of the law firm <br /> of Lamm & Schader for the performance of all necessary legal <br /> services involved in the above-captioned matter and to create <br /> a binding fee agreement for such services. <br /> The firm of Lamm & Schader will perform all necessary <br /> legal services at the rate of $80. 00 per hour for office consul- <br /> tations, and $100. 00 per hour for court time, plus all costs and <br /> expenses incurred on your behalf, i. e. xeroxing, postage, long <br /> distance telephone calls, etc. , payable monthly when billed. <br /> Records of time billed under this agreement shall be <br /> maintained by the law firm, and such records will be available <br /> for inspection during normal business hours. <br /> Monthly billings shall be prepared and mailed at the <br /> first of each month and are payable within thirty (30) days <br /> from receipt of the statement, in which event no FINANCE CHARGE <br /> will accrue. You agree to pay a FINANCE CHARGE OF 1. 5% per <br /> month, eighteen (18) percent ANNUAL PERCENTAGE RATE, on the <br /> unpaid balance beginning thirty (30) days from each statement <br /> date. <br /> If this agreement meets with your approval, please exe- <br /> cute this letter in the space provided below and return it to <br /> our office in the enclosed self-addressed envelope, at which <br /> time we shall consider this a binding retainer agreement. <br /> Thank you very much. <br /> Yours very truly, <br /> TOM W. LAMM <br /> TWL:plp <br /> APPROVED: <br /> &;CK6,fek GoLDMA►J <br />