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VAN BERGEN: Spring Capital. Spring Capital Group. <br /> VAN PERNIS: And who, what individuals are Spring Capital Group? <br /> VAN BERGEN: Tom, Tom Connor, the, one of the managing partners is <br /> VAN PERNIS: No, I'm talking about, did you say you dealt with these developers, Mr. Cook <br /> here? <br /> CARR SMITH: Are you asking if Spring Capital has dealt with Mr. Cook? <br /> VAN PERNIS: Is Spring Capital the group you meant worked before? <br /> VAN BERGEN: Met with, no, I represent Spring Capital. <br /> VAN PERNIS: Okay, did I understand you correctly to say that you had worked with these <br /> developers, the developers here in Hawaii? <br /> VAN BERGEN: No, I was referencing more of a personal reference; I started working <br /> personally with Spring Capital back in 2006 <br /> VAN PERNIS: Okay. <br /> VAN BERGEN: —and, so just trying to give you guys kind of an idea who they are and my <br /> relationship. <br /> VAN PERNIS: So you haven't dealt with Mr. Cook or Mr. Schuler. <br /> VAN BERGEN: Not professionally, no. <br /> VAN PERNIS: Have you made any commitment to them or any of their entities to develop this <br /> project? <br /> VAN BERGEN: Can you define "commitment?" <br /> VAN PERNIS: Any commitment, any financial commitment. <br /> VAN BERGEN: We are trying to acquire an interest in the property. <br /> VAN PERNIS: Is it in contingent upon anything? <br /> VAN BERGEN: It's contingent upon this rezoning getting approved. <br /> VAN PERNIS: Anything else? <br /> VAN BERGEN: No. <br /> 26 <br /> EXHIBIT D <br />