Epstein Secrets

OMPENSATION 34 EFTA00609832 ARTICLE XX: ACTION BY TRUSTEES 39 EFTA00609833 DECLARATION OF TRUST made the 30thday of September. 1997, by LEON D. BLACK. as Senior and as Trustee. ARTICLE I: DEFLNITIONS AND RULES OF CONSTRUCTION (A) Senior's Family. The Senior is married to DEBRA R. BLACK ("DEBRA

u....stv-I • 01761 THE LEON 13. BLACK 1997 REVOCABLE DECLARATION OF TRUST EFTA0060983

rt, the Senior's collection of first edition books and the Senior's collection of canes (including cane stands and glass cases) in as many separate Trusts, each upon the terms set forth in Article XI, as the Trustees shall determine. If DEBRA does not survive the Settior. the Trustees shall distribute

DM US 39479962-2.08883SM' I EFTA00607893 TRUST AGREEMENT made the day of December, 2012, between DEBRA R. BLACK, as Settlor, and DEBRA R. BLACK, LEON D. BLACK and RICHARD RESSLER, as Trustees. I: TRUST FUND The Settlor hereby assigns, transfers and delivers to the Trustees the property listed on Schedul

ade the day of December, 2012, between DEBRA R. BLACK, as Settlor, and DEBRA R. BLACK, LEON D. BLACK an

ising it need be made only on the Trustees' books of account. (F) Combination and Division of Trusts. (1) The Trustees may combine any two or more Trusts having identical terms and identical beneficiaries and administer the combined Trusts as a single Trust. (2) The Trustees may divide any Trust int

ing of § 672(c) of the Code (determined as though such individual were the grantor, as that term is used in § 672(c) of the Code). (25) "Settlor": LEON D. BLACK. (26) "Settlor's Children": the Settlor's children, BENJAMIN ELI BLACK, JOSHUA MAX BLACK, ALEXANDER SAMUEL BLACK and VICTORIA RACHEL BLACK, all c

AMENDMENT AND RESTATEMENT OF THE BLACK 2006 FAMILY TRUST AGREEMENT Dated: DM US 358779

"Similar Trust"), and that power is also subject to a limitation based on the Limitation Amount, the Primary Beneficiary's withdrawal power from all Trusts and all Similar Trusts shall be limited to the Limitation Amount in any particular year. If the Primary Beneficiary in any particular year exercis

DEFINITIONS AND RULES OF CONSTRUCTION 62 DM US 37283516-2.088835.0011 EFTA00616852 WHEREAS, by trust agreement dated July 30, 1997 by and among LEON D. BLACK, as settlor (the "Settlor"), and DEBRA R. BLACK ("DEBRA"), BARRY J. COHEN ("BARRY"), JOHN J. HANNAN ("JOHN") and RICHARD RESSLER ("RICHARD"), as tr

AMENDMENT AND RESTATEMENT OF THE BLACK FAMILY 1997 TRUST AGREEMENT Dated: DM US 372835

"Similar Trust"), and that power is also subject to a limitation based on the Limitation Amount, the Primary Beneficiary's withdrawal power from all Trusts and all Similar Trusts shall be limited to the Limitation Amount in any particular year. If the Primary Beneficiary in any particular year exercis

onfirm that title to any art held in the Leon D. Black Investment Trust A (now terminated) was correctly

u will confirm that title to any art held in the Leon D. Black Investment Trust A (now terminated) was correctly

ffrey says he will do whatever Leon wants but he advises against the break-out from a cost standpoint. If he were to write separate policies for the Trusts and the LDB 2011 LLC he would do the same type of Umbrella policy that is currently in place (there would simply be 4 separate umbrella policies). W

confirm that title to any art held in the Leon D. Black Investment Trust A (now terminated) was correctly

u will confirm that title to any art held in the Leon D. Black Investment Trust A (now terminated) was correctly

ffrey says he will do whatever Leon wants but he advises against the break-out from a cost standpoint. If he were to write separate policies for the Trusts and the LDB 2011 LLC he would do the same type of Umbrella policy that is currently in place (there would simply be 4 separate umbrella policies). W

, New York 10019 Ada Ca To: From: Date: Re: Leon D. Black Ada Clapp December 11, 2013 Status of Split Do

ii Black Family Partners Apollo Management 9 West 57. S

he Trusts must repay AIF the lesser of Premiums advanced or the then cash surrender values of the policies.2 To secure the repayment obligation, the Trusts assigned their insurance policies to AIF as collateral. I As you know, AIF (a subchapter S corporation) was formed in 1997 as the original general

VIA EMAIL November 11, 2015 TO: Jeffrey Epstein — jeevaeation4gmail.com CC: Leon Black Brad Wechsler — Jeffrey, Here is the VERY PRELIMINARY 2016 cash flow you requested. Even though it's very preliminary Brad asked that I copy Leon

effrey Epstein — jeevaeation4gmail.com CC: Leon Black Brad Wechsler — Jeffrey, Here is the VERY PREL

1 APO Distributions As of 10/28 Apollo distributions for 2016 are expected to be $1.44 per share. Calculated based upon 92.7MM shares, LDB and the Trusts can expect to receive 5133.5MM. It is assumed that the distributions will be spread evenly across the year. 2 TRA Projections Apollo projects that

BLACK FAMILY PRELIMINARY COMPOSITE CASH FLOW SUMMARY P

1 APO Distributions As of 10)28 Apollo distributions for 2016 are expected to be $1.44 per share. Calculated based upon 92.7MM shares, LDB and the Trusts can expect to receive $133.5MM. It is assumed that the distributions will be spread evenly across the year. 2 TRA Projections Apollo projects that

bsp; 3,682,919 =/o:p> =nbsp; 4,211,690 =/o:p> BLACK FAMILY 1997 TRUST =nbsp; 9,673,690 =nbsp; &nb

n EIN and under the grantor trust=reporting rules, all income/expense items are reported on grantor1M2 ? • in? A 0 A? Rye? ?fl AMR • fl Ergo, the Trusts will file ST-140; LDB will pa= use tax with IT-201. Please put these numbers on the forms/ extension :=11; I will triple check the trusts to have th