Epstein Secrets

ART ENTITY: TERM SHEET as 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

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

ated under the Agreement known as the APO-B TRUST dated May 20, 2015 between Leon D. Black, as Grantor, and the Trustee (the "Purchaser") and (iii) AP Narrows LP, a Delaware Limited Partnership (the "Partnership"). Certain capitalized terms used herein without definition shall have the respective meanings set

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,

IP OF AP NARROWS LP Pursuant to Section 17-202 of the Delaware Revised Uniform Limited Partnership Act I. The name of the limited partnership is AP Narrows LP (the "Partnership"). II. The Certificate of Limited Partnership of the Partnership is hereby amended to change one of the general partners of the Pa

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

CONTRIBUTION AND SUBSCRIPTION AGREEMENT by and between Trustees of APO-01 Declaration and AP Narrows LP Dated: , 2016 EFTA00585469 CONTRIBUTION AND SUBSCRIPTION AGREEMENT This CONTRIBUTION AND SUBSCRIPTION AGREEMENT ("Agreement") is made and ente

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