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of the stock of AIF IV Management Inc. ("AIF IV") from Leon. Distribution of $12.2 million- 25% to each trust Trustees: Barry Cohen, John Hannan, Richard Ressler, and after Leon's death, Debra Black. BEB 2011 Trust JMB 2011 Trust ASB 2011 Trust VRB 2011 Trust Trustees: Debra Black, Barry Cohen, John Ha
SPLIT-DOLLAR PROPOSAL of McDermott Will & Emery LLP November 18, 2013 EFTA_R1_01945046 EFTA02672197 Step One: Distribution of BFP Interests (or a cash Loan) to 2011 Trusts The APO1 Trust distribu
of the stock of AIF IV Management Inc. ("AIF IV") from Leon. Distribution of $12.2 million- 25% to each trust Trustees: Barry Cohen, John Hannan, Richard Ressler, and after Leon's death, Debra Black. BEB 2011 Trust JMB 2011 Trust ASB 2011 Trust VRB 2011 Trust Trustees: Debra Black, Barry Cohen, John Ha
SPLIT-DOLLAR PROPOSAL of McDermott Will & Emery LLP November 18, 2013 EFTA00583244 Step One: Distribution of BFP Interests (or a cash Loan) to 2011 Trusts The APO1 Trust distributes (decants) suff
em upon the same terms as the terminated trust. D. Trustees The initial trustees of the Family Trust will be Debra, Barry Cohen, John Hannan and Richard Ressler. Barry, John and Richard will qualify as independent trustees. U.S. Trust will be the initial administrative trustee. At any time that you and Debr
a GST tax. Under current law, the GST exemption is $5.12 million. The GST tax is further discussed in II.B, below. U.S. practice conducted through McDermott Will & Emery LLP. 35983468-3.088835.0011 Dhl US EFTA00585838 C. Dispositive Provisions 1. Distributions The trust agreement provides that the trustees of the
en living, in each case in a separate lifetime trust for each of them upon the same terms as the terminated trust. C. Trustees The two of you and Richard Ressler will be the initial co-trustees. Richard will be an independent trustee. During Debra's lifetime, Debra will have the power to designate additional
vidual, the predeceased child's share of the assets will be paid in equal shams to his or her children then living. U.S. practice conducted through McDermott Will & Emery LLP. DM US 39870777-2.088835.0011 EFTA00586970 3. Remote Takers In the event the survivor of you is not survived by any of Debra's issue, any undi
Entities connected to both Richard Ressler and McDermott Will & Emery LLP

Jeffrey Epstein
PERSONLeon Black
PERSON
Michael Cohen
PERSON
Barry Diller
PERSONDebra
PERSON
Lesley Groff
PERSONBarry Cohen
PERSONEileen Alexanderson
PERSONBlack Family Partners
ORGANIZATION
Alan Dershowitz
PERSONElysium Management LLC
ORGANIZATIONElyse G. Kirschner
PERSONDebra Black
PERSONthe State of New York
LOCATIONLeon D.
PERSONUS Trust Company
ORGANIZATION
the Internal Revenue Service
ORGANIZATIONthe Primary Beneficiary's
ORGANIZATIONFamily Trust
ORGANIZATIONLeon Sells AIF IV Management Inc.
ORGANIZATION