Epstein Secrets

of attorney naming Barry Cohen as PR if Leon is disabled, John Hannan will be successor PR. Will be ready for this afternoon's meeting. Ada Clapp Black Family Partners rcuiar re: Pursuant to IRS regulations, I inform you that any tax advice contained in this communication (including attachments) is not intended

that Leon directly names his successors on the Executive Committee: John Suydam first and Scott Kleinman second. 2. Preparing a Codicil that names Barry Cohen as the PR (in the event someone claims Leon's appointment is invalid as he did not consult with the Executive Committee as required)--John Hannan wi

t') dated as of June 7, 2007, between each of the assignors listed on Annex A hereto under the heading "Name of Assignor" (each, an "Assignor") and Black Family Partners, (the "Assignee"). Recitals: A. Each Assignor is currently a limited partner of the limited partnerships listed opposite its name on Annex A here

ESPECT TO APOLLO PRINCIPAL HOLDINGS Assignors: LEON D. BLACK 1992 TRUST FOR JOSHUA MAX BLACK By. Name: Debra Black Title: Trustee By: Name: Barry Cohen Title: Trustee By: Name: John Hannan Title: Trustee 1992 TRUST FOR BENJAMIN ELI BLACK ICAO—tAL- Name: Barry Cohen Title: Trustee Name: John H

purchases from Leon 25% of the stock of AIF IV, valued using CSV of the policies ($24,752,474*) less the Note payable ($7,347,076 plus interest) to Black Family Partners, L.P. ("BFP") and applying a fractional interest discount (e.g. 30%). No value is attributed to AIF IV's limited partner interest in BFP. BEB 2011

enable it to purchase 25% 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: Deb

dd Debra as a co-Trustee of the the APO1 and APO2 trusts after his death (she is only added as a Trustee of the Marital Trust, if any)? Ada Clapp Black Family Partners IRS Circular 230 Disclosure: Pursuant to IRS regulations, I inform you that any tax advice contained in this communication (including attachments)

ng as opposed to November (with lower rate). Also, the Trustees listed in the APO I and APO2 trusts are the same as in the Heritage Trust: that is, Barry Cohen, John Hannan and Richard Ressler. Just want to confirm that this is what Leon wants (and not Paul Weiss's assumption when drafting the document). As

purchases from Leon 25% of the stock of AIF IV, valued using CSV of the policies ($24,752,474*) less the Note payable ($7,347,076 plus interest) to Black Family Partners, L.P. ("BFP") and applying a fractional interest discount (e.g. 30%). No value is attributed to AIF IV's limited partner interest in BFP. BEB 2011

enable it to purchase 25% 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: Deb

ed tax consequences of certain of its provisions. I. The Black Family 1997 Trust A. Trust Fund The Black Family 1997 Trust holds an interest in Black Family Partners and a significant amount of other investments. On December 28, 2009, you divided the Black Family 1997 Trust into two shares, one of which continue

separate trust for each of them 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 trust

Black Family Partners Apollo Management 9 West 57th Street New York, New York 10019 Ada Cla Phone: Email: To: Leon D. Black From: Ada Clapp Date: October 23, 2

a descendant of yours, or if none, for your then living descendants, and in each case held in a Separate Trust. Trustees. A. Discretionary Trust. Barry Cohen, John Hannan and Richard Ressler (and after your death, Debra) are Trustees of the Discretionary Trust. B. Separate Trusts. Barry, John and Richar