Epstein Secrets

of February 17, 2016 I. Entity. AP Narrows LP (the "Partnership") will be the new investment entity. II. Governance. A. Class A General Partner: Narrows Holdings LLC, with LDB as its Managing Member: 1. Makes all Partnership decisions other than those reserved to the Class B General Partner, including decision

ments and overview of the market; quarterly reports, including schedules of investments and sales). B. Class B General Partner: APO-B Trust, with Bradley J. Wechsler as Trustee: Makes all Partnership decisions relating to (a) distributions, (b) use of partnership property by partners for less than fair market re

ed under the APO-B Trust dated May 20, 2015 (the "APO-B Trust") (the APO-B Trustee together with the APO-01 Trustees, collectively the "Trustees"); Narrows Holdings LLC ("Holdings"), a New York limited liability company; Leon D. Black ("LDB" and together with the Trustees and Holdings, the "Partners"). and Debra R.

J. Hannan, as the trustees (the "APO-01 Trustees") of the trust created under the APO-01 Declaration dated November 30, 2015 ("APO-01 Declaration"); Bradley J. Wechsler, as the trustee (the "APO-B Trustee") of the trust created under the APO-B Trust dated May 20, 2015 (the "APO-B Trust") (the APO-B Trustee together

f the date first above written. SELLER: PURCHASER: APO-B TRUST Leon D. Black By: Bradley J. Wechsler, Trustee PARTNERSHIP: AP NARROWS LP By: Narrows Holdings LLC, its Class A General Partner By: Leon D. Black, Sole Member and Authorized Person 5 Purchase and Sale Agroarteni—Class B GP Interco in AP Narro

GREEMENT THIS PURCHASE AND SALE AGREEMENT (this "Agreement") made as of the day of , 2016 by and between (i) Leon D. Black, (the "Seller"), (ii) Bradley J. Wechsler, as Trustee (the "Trustee") of the trust created under the Agreement known as the APO-B TRUST dated May 20, 2015 between Leon D. Black, as Grantor,

e of Limited Partnership is hereby amended to read in its entirety as follows: The names and addresses of the general partners are: NAME ADDRESS Narrows Holdings LLC APO-B Trust do Elysium Management LLC 445 Park Avenue Suite 1401 New York, NY 10022 do Elysium Management LLC 445 Park Avenue Suite 1401 New

ed on , 2016. GENERAL PARTNERS: Narrows Holdings LLC By: Name: Leon D. Black Title: Sole Member and Authorized Person APO-B Trust By: Name: Bradley J. Wechsler Title: Trustee [Signature Page to Certificate of Amendment of Certificate of Limited Partnership of AP Narrows LPJ EFTA00585468

ed under the APO-B Trust dated May 20, 2015 (the "APO-B Trust") (the APO-B Trustee together with the APO-01 Trustees, collectively the "Trustees"); Narrows Holdings LLC ("Holdings"), a New York limited liability company; Leon D. Black ("LDB" and together with the Trustees and Holdings, the "Partners"). and Debra R.

J. Hannan, as the trustees (the "APO-01 Trustees") of the trust created under the APO-01 Declaration dated November 30, 2015 ("APO-01 Declaration"); Bradley J. Wechsler, as the trustee (the "APO-B Trustee") of the trust created under the APO-B Trust dated May 20, 2015 (the "APO-B Trust") (the APO-B Trustee together

nds as of the day and year first written above. APO-01 DECLARATION By: Barry J. Cohen, Trustee By: John J. Hannan, Trustee AP NARROWS LP: By: Narrows Holdings LLC, its Class A General Partner By: Leon D. Black, Sole Member and Authorized Person 4 Contribution and Subscription Agee:nein by and between APO.0

All notices or other communications made with respect to this Agreement shall be made in writing and delivered as follows: If to the Partnership: Bradley J. Wechsler C/o Elysium Management LLC 445 Park Avenue, Suite 1401 New York, New York 10022 If to the Subscriber, to the address of record for the Subscriber