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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
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
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
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
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
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
Entities connected to both Barry Cohen and McDermott Will & Emery LLP

Michael Cohen
PERSON
Barry Diller
PERSON
Jeffrey Epstein
PERSONLeon Black
PERSON
Lesley Groff
PERSON
Alan Dershowitz
PERSONDebra
PERSONRichard Ressler
PERSONBlack Family Partners
ORGANIZATIONDebra Black
PERSONEileen Alexanderson
PERSONLeon D.
PERSONElysium Management LLC
ORGANIZATION
Newark
LOCATIONUS Trust Company
ORGANIZATION
George W. Bush
PERSONLeon Sells AIF IV Management Inc.
ORGANIZATIONAIF IV's
ORGANIZATIONSells S-Corp Sock
ORGANIZATIONBlack 1999 Life Insurance Trust #1
ORGANIZATION