One logo with two versions for modification
A) Update Color
B) Remove Tag Line and Replace Words (try different font styles)
C) Clean and sharpen font edges
D) Arch design and possible outline
E) Final version in high and low resolutions for print and web including png files
Turn around 72 hours or less. Will be available all weekend to approve changes so if it's completed in an hour great, or whatever time to get it completed.