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23:43 +0000 They did not mention that. They were thinking that it facilitated gifts of fractional interests in the painting—which I assume Leon and Ronald will not be doing and that it created valuation discounts—which we would already from joint ownership. So, it did not seem so attractive. I will inq
on discounts—which we would already from joint ownership. So, it did not seem so attractive. I will inquire about the sales tax benefit. Ada Clapp Elysium Management LLC 445 Park Avenue Suite 1401 New York, New York 10022 Email: This communication and any attachment is for the intended recipient(s) only and may c
nd he will still have 60 days on top of that to pay. If the situa=ion is reversed and Leon dies first, it would be nice to know more quickly whether Ronald is going to buy out Leon'=s interest. Do you have any objection to me shortening the survi=or's call right to 3 months? I'm in the office at if yo
on to me shortening the survi=or's call right to 3 months? I'm in the office at if you would=like to discuss this. Thanks, Heather Heather Gray Elysium Management LLC 445 Park Avenue EFTA_R1_01773746 EFTA02591306 Suite 1401 New York, New York 10022 Direct Dial: 646.589.0315 Fax: 646-589-0330 Email: 2 EFT
11 PM To: jeffrey E. Cc: Eileen Alexanderson Subject: RE: Re: Two questions: 1. Who gets to the Schwitters for first two year holding period—Ronald or Leon? 2. Who will be the purchaser-Leon or Narrows? I assume Leon as he is giving the right to purchase on his death. Correct? Ada Clapp Elys
nald or Leon? 2. Who will be the purchaser-Leon or Narrows? I assume Leon as he is giving the right to purchase on his death. Correct? Ada Clapp Elysium Management LLC 445 Park Avenue Suite 1401 New York, New York 10022 Email: mailto This communication and any attachment is for the intended recipient(s) only a
Entities connected to both Ronald and Elysium Management LLC

Jeffrey Epstein
PERSONAda Clapp
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Marc Rich
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Alan Dershowitz
PERSONEileen Alexanderson
PERSONHeather Gray
PERSONHeather deManbey
PERSONLeon Black
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Lesley Groff
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Melanie Spinella
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Joe Biden
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Ronald Lauder
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Barry Diller
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Richard Kahn
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Michael Cohen
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NEW YORK NY
LOCATIONDarren Indyke
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Melania Trump
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United States
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Lawrence Krauss
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