Epstein Secrets

e Secretary of State of Delaware. Governing Lave The principal program documents and the Conunercial Paper Notes will be governed by the laws of the State of New York. Orgaobation• The Company has been organized under the laws of the State of Delaware as a limited liability company. OHS East:160489558.8 1-41

obligations of banks and bank holding companies with short-temt debt ratings of at least A-I by Standard & Poor's Ratings Services (-S&P"), P-I by Moody's Investors Service. Inc. ("Moody's") and Fl by Fitch, Inc. ("Fitch"), as further described under "Investment Policy". Each such obligation will take the form of comme

anding. (Section 101). Governing Law The Indentures are, and the Debt Securities will be, governed by and construed in accordance with the laws of the State of New York. Waiver of Jury Trial Under the Indentures, each of the Company, the Trustees and the holders of the Debt Securities irrevocably waives, to the fu

e companies that they follow, including us, as well as their evaluations of the financial services industry as a whole. For example, in March 2015, Moody's Investors Service published its revised methodology for rating banks globally, and, in December 2015, Standard & Poor's Ratings Services ("M") removed the government

so a Chartered Financial Analyst, a Certified Public Accountant, and a Chartered Alternative Investments Analyst, and is licensed to practice law in the State of New York. CLOCKWORK CAPITAL FUND HIGHLY CONFIDENTIAL 20 EFTA00683180 BIOGRAPHIES GLOCKWORK capital fund TOBY MOSKOVITS Ms. Moskovits has spent over 1

gy and food companies. Mr. Parrish's extensive background in finance and investment analysis began at Salomon Brothers, then he spent 14 years with Moody's Investors Service where he was an analyst and senior executive managing operations with over $80 million in revenues. At Moody's he led hundreds of committees that a