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TTLEMENT AGREEMENT AND RELEASE ("Agreement") is made and entered into as of this day of JulyAuaust 2011 (the "Effective Date"), by and between (i) Financial Trust Company, Inc. ("FTC"), The C.O.U.Q. Foundation, Inc. ("COUQ") and Jeffrey Epstein (together, "Claimants") and (ii) The Bear Stearns Companies Inc. (n/k/a The Bear
WHEREAS Claimants made certain investments, directly or indirectly, in (a) one or more of Bear Steams High Grade Structured Credit Strategies, ■., Bear Steams High Grade Structured Credit Strategies (Overseas), Ltd., Bear Steams High Grade Structured Credit Strategies Enhanced Leverage Fund, ■., Bear Steams High Gra
Exhibit C RELEASE WHEREAS there exist certain disputes between Financial Trust Company, Inc., The C.O.U.Q. Foundation, Inc. and Jeffrey Epstein (together, "Claimants"), on one hand, and The Bear Steams Companies Inc. (n/Ida The Bear Stearns
other, arising from losses that Claimants allegedly suffered in connection with investments they made, directly or indirectly, in (a) one or more of Bear Steams High Grade Structured Credit Strategies, L.P., Bear Steams High Grade Structured Credit Strategies (Overseas), Ltd., Bear Steams High Grade Structured Credit
his SETTLEMENT AGREEMENT AND RELEASE ("Agreement") is made and entered into as of this day of August 2011 (the "Effective Date"), by and among (i) Financial Trust Company, Inc. ("FTC"), The C.O.U.Q. Foundation, Inc. ("COUQ") and Jeffrey Epstein (together, "Claimants") and (ii) The Bear Stearns Companies Inc. (n/k/a The Bear
WHEREAS Claimants made certain investments, directly or indirectly, in (a) one or more of Bear Steams High Grade Structured Credit Strategies, L.P., Bear Steams High Grade Structured Credit Strategies (Overseas), Ltd., Bear Steams High Grade Structured Credit Strategies Enhanced Leverage Fund, L.P., Bear Steams High G
Entities connected to both Financial Trust Company and Bear Steams High Grade

Jeffrey Epstein
PERSONDarren Indyke
PERSON
JPMorgan Chase
ORGANIZATION
Alan Dershowitz
PERSONAce Greenberg
PERSON
Eric Trump
PERSONthe State of New York
LOCATION
Stephen Hawking
PERSONthe Southern District
LOCATIONJ.P. Morgan Securities LLC
ORGANIZATIONStephen D. Susman
PERSONBear, Stearns & Co. Inc.
ORGANIZATIONWEISS
ORGANIZATION
Jimmy Cayne
PERSONSusman Godfrey LLP
ORGANIZATION
Brad S. Karp
PERSON
Spector
PERSONKramer Levin Naftalis & Frankel LLP
ORGANIZATIONStephen M. Sinaiko
PERSONRIFKIND
ORGANIZATION