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D RULES OF CONSTRUCTION 44 DM US 39479962-2.08883SM' I EFTA00607893 TRUST AGREEMENT made the day of December, 2012, between DEBRA R. BLACK, as Settlor, and DEBRA R. BLACK, LEON D. BLACK and RICHARD RESSLER, as Trustees. I: TRUST FUND The Settlor hereby assigns, transfers and delivers to the Trust
d by any Person other than the Settlor or LEON (if then competent) except to the extent authorized by LEON pursuant to this subsection, except that the Primary Beneficiary of a Trust under Article III may revoke or supersede any designation of trustee of such Trust made by any Person (including the Settlor and LEON) at any time when such Primary
5.081183S.00 I I EFTA00616778 WHEREAS, by trust agreement dated December 21, 2006 by and among LEON D. BLACK, as settlor (the "Settlor"), and the Settlor and JOHN J. HANNAN ("JOHN"), as trustees (the "Original Trust Agreement"), as amended on , 2012, the BLACK 2006 FAMILY TRUST (the "Trust") was cre
then competent) except to the extent authorized by DEBRA pursuant to this 54 DM US 35877963-5.0811835.00 II EFTA00616832 subsection, except that the Primary Beneficiary of a Trust under Article III or Article IV may revoke or supersede any designation of trustee of such Trust made by any Person (including the Settlor and DEBRA) at any time whe
greement, the Independent Trustees (as defined in the Original Trust Agreement) may amend the Original Trust Agreement at any time while either the Settlor or DEBRA is alive and not under a disability, subject to certain prohibitions set forth in section (B) of article III of the Original Trust Agreeme
by any Person other than the Settlor or DEBRA (if then competent) except to the extent authorized by DEBRA pursuant to this subsection, except that the Primary Beneficiary of a Trust under Article III or Article IV may revoke or supersede any designation of trustee of such Trust made by any Person (including the Settlor and DEBRA) at any time whe
Entities connected to both Settlor and the Primary Beneficiary of a Trust under Article III

Samantha Power
PERSONLeon Black
PERSONRemainder Interests
ORGANIZATION
Barry Diller
PERSONBENJAMIN ELI BLACK
PERSONReliance
ORGANIZATIONRelease or Suspension of Powers
ORGANIZATIONTrust Fund
ORGANIZATIONJudicial Settlement of Accounts
ORGANIZATIONTrusts
ORGANIZATION
Michael Cohen
PERSONthe Benefit of Trustees
ORGANIZATIONALEXANDER SAMUEL BLACK
PERSONthe Settlor's Children
ORGANIZATIONTangible Personal Property
ORGANIZATIONIRREVOCABILITY
ORGANIZATIONResidential Property
ORGANIZATIONthe Primary Beneficiary's
ORGANIZATIONthe Trust Fund of
ORGANIZATIONthe Uniform Transfers
ORGANIZATION