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A That was based on a misinterpretation of the
agreement by Rick Albrecht.
* * * * * * *
A He (Albrecht) advised me that he thought the
agreement could be read either way, that it was
confused.
Q Either way being what?
A With 25 percent of profits, and 25 percent of the
increased profits as one way. The other way was just
25 percent of increased profits.
Q But you knew better, didn’t you?
A Well, I had negotiated better, yes.
Q What did you know it to be?
A Well, that there was 25 percent, both 25 percents
apply. The 25 percent of operational profits, and the
25 percent of increased profits.
Q So that when Mr. Albrecht told you that in his
opinion it could be interpreted differently, why didn’t
you object?
A Well, he pointed out that the difference basically
goes--the 25 percent of operation profits would go to
my children. There’s an estate tax benefit in
interpreting it that way.
Q And so you accepted that?
A Yes, that was his advice at the time, and I
accepted it.
Hillgren further testified during cross-examination by
respondent’s counsel as follows:
Q Now, let’s talk about your meeting with
Mr. Albrecht. I think we said--I think you testified
in direct examination that when Mr. Albrecht told you
of his interpretation of the agreement, that there was
a conflict, and that the agreement was susceptible of
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