[dCole]

Thanks for the feedback. It's a $100k/year relationship to start which is slightly above average compared to the other banks we are in negotiations with and will only grow over time. Our smallest customer generates $50k/year which is why I've been stressing over this so much (because each relationship has such a high LTV).

I've already tried gently pushing back and pointed out my concerns that it could potentially restrict growth by making other clients or investors uncomfortable. I suggested a modification that would require us to notify them of any acquisition offers we were considering so they would then have an opportunity to match and they came back and asked for some sort of restricted ROFR related to offers from other banks.

I like your idea about the "meaningful amount of business" language or requiring a payment of some sort. Extra revenue is always nice :)