Epstein Secrets

and Debra R. Black and/or Pent Holdings, Inc. and/or Narrows Holdings, LLC and/or Narrows Holdings II, LLC Black Family 1997 Trust (Debra R. Black, John J. Hannan, Richard Ressler, and Barry J. Cohen, Trustees) Black 2006 Family Trust (Leon D. Black, John J. Hannan and Richard Ressler, Trustees) LDB 2011 LLC

MB 2011 Trust, ASB 2011 Trust and VRB 2011 Trust Debra R. Black, John J. Hannan, Barry J. Cohen, as Trustees, and U.S. Trust Company of Delaware as Administrative Trustee). All other terms and conditions remain unchanged. In Witness Whereof, the Company has caused this endorsement to be signed by a duly authorized r

PLEDGE AGREEMENT THIS PLEDGE AGREEMENT (this "Agreement") is made as of the day of June, 2014, by and between Barry J. Cohen, Richard Ressler and John J. Hannan, as Trustees (the "APO1 Trustees") of the trust created under the APOI AGREEMENT dated October 25, 2013 between Leon D. Black, as Grantor, and the

hereinafter referred to as the "Debtor") and Barry J. Cohen, Debra R. Black and John J. Hannan, as Trustees, and U.S. Trust Company of Delaware, as Administrative Trustee, (the "BEB Trustees") of the BEB 2011 TRUST, created under trust agreement dated June 10, 2011 between Leon D. Black, as Grantor, and the BEB Trust

PROMISSORY NOTE New York, New York June , 2014 FOR VALUE RECEIVED, the undersigned, Barry J. Cohen, Richard Ressler and John J. Hannan, as Trustees of the trust created under the APOI AGREEMENT dated October 25, 2013 (the "Maker"), do hereby promise to pay to Barry J. Cohen, John J

(the "Maker"), do hereby promise to pay to Barry J. Cohen, John J. Hannan, and Debra R. Black, as Trustees, and U.S. Trust Company of Delaware, as Administrative Trustee, of the BEB 2011 TRUST, created under trust agreement dated June 10, 2011, or its successors and assigns, (the "Holder") the Principal Amount as her