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payable, if any, as a result of the receipt of such Forfeited Interests and Heritage Points, calculated based on the maximum combined U.S. federal, New York State and New York City tax rate applicable to individuals. Transfers pursuant to this Section 4.1(d) shall not increase a Principal Group's number of Tr
. Black ("LB"), Marc J. Rowan ("MR"), Joshua J. Harris ("JH", and together with LB and MR, the "Principals", and each individually, a "Principal"), Black Family Partners, M., a Delaware limited partnership ("BFP"), MJR Foundation LLC, a New York limited liability company ("MJR"), MJH Partners, ■ a Delaware limited
law for NY State tax purposes). If that happens, it could mean that transactions between a grantor and his grantor trust would constitute sales for New York State income tax purposes. Needless to say, that would be a disastrous result. Even if this is a very remote scenario, there is no reason to wave a red f
ompletely comfortable with. Alan--have you thought more about this? Please let me know if you need any further revisions. Best regards, Ada Clapp Black Family Partners do Apollo Management 9 W 57th Street New York NY 10019 phone: 917.286-5536 email: IRS Circular 230 Disclosure: Pursuant to IRS regulations, I
unt Due Other Information United Slates Treasury Income Tax 4/15/2015 5 9.500.000.00 United Slates Treasury Gift Tax 4/15/2015 1.325.000 New York State Income Tax 4/15/2015 7.402.700 New York State SalesrUse 4/15i2015 6.090.331 State of California Income Tax 4/15/2015 100.000 TOTAL S 24
Lime.@ Paint.. WA Vat@, 7/12009 Back Farilf Pannem Na 1.128.75400 0.01% NA Anchorage Copal Partners LP Longed Pairtt WA Vanous 7/1,2009 Black Family Partners. WA 18.163.06267 0.41% NA Caro@ Valve ReidealiOn Fowl LP Lint@ Pane WA Various 7/1/2009 Back FinWe Parinen. Na 19218.62900 0.62% NA tA
Entities connected to both New York State and Black Family Partners

Jeffrey Epstein
PERSONLeon Black
PERSON
NEW YORK NY
LOCATION
New York
LOCATIONEileen Alexanderson
PERSON
United States
LOCATION
New York City
LOCATION
Ghislaine Maxwell
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Prince Andrew
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Samantha Power
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Alan Dershowitz
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Lesley Groff
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George W. Bush
PERSONAda Clapp
PERSON
Marc Rich
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Barry Diller
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Michael Cohen
PERSONDarren Indyke
PERSON
George Mitchell
PERSON
Joe Biden
PERSON