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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
stablishing the scope and terms of the delegation and (iii) controlling the overall cost by reason of the delegation. (K) Residential Property and Tangible Personal Property. (I) The powers conferred by this section are in addition to, and not in limitation of, the powers set forth in the preceding provisions of this Ar
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
filiated with such Trustee, its parent or any affiliate thereof, for providing any of the services authorized herein. (K) Residential Property and Tangible Personal Property. (I) The powers conferred by this section are in addition to, and not in limitation of, the powers set forth in the preceding provisions of this Ar
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
filiated with such Trustee, its parent or any affiliate thereof, for providing any of the services authorized herein. (K) Residential Property and Tangible Personal Property. (I) The powers conferred by this section are in addition to, and not in limitation of, the powers set forth in the preceding provisions of this Ar
752.00 $ 30,397,524 $ 30,397,524 EFTA_R1_02212792 EFTA02725306 SURROGATE'S COURT OF THE STATE OF NEW YORK COUNTY OF NEW YORK ACCOUNTING OF Leon D. Black John J. Hannan as Trustees of BLACK FAMILY 2006 TRUST File No: ACCOUNTING BY: Executor Administrator X Other [specify] Trustee TO THE SURRO
2006 BLACK FAMILY TRUST SUMMARY OF TRUST ACCOUNTING INCOME
,133,721.88 Artwork - "The Sword" 2,850,000.00 Page 1 (33) EFTA_R1_02212825 EFTA02725339 Schedule G (Continued) Inventory Value 12/31/2012 Tangible Personal Property Artwork - Head of a Woman (Femande) 1909 Artwork - Picasso $ 7,500,000.00 1,350,000.00 Total Tangible Personal $ 67,399,871.88 Property Mi
Entities connected to both Leon Black and Tangible Personal Property

Barry Diller
PERSON
Michael Cohen
PERSON
Samantha Power
PERSON
JPMorgan Chase
ORGANIZATIONSouthern Trust Company
ORGANIZATIONStandard & Poor's
ORGANIZATIONIRREVOCABILITY
ORGANIZATIONTrusts
ORGANIZATIONReliance
ORGANIZATION
Moody
PERSONBENJAMIN ELI BLACK
PERSONTrust Fund
ORGANIZATIONSettlor
ORGANIZATIONALEXANDER SAMUEL BLACK
PERSONthe Primary Beneficiary's
ORGANIZATIONJOSHUA MAX BLACK
PERSONthe Settlor's Children
ORGANIZATION
Fitch
ORGANIZATIONJudicial Settlement of Accounts
ORGANIZATIONthe Benefit of Trustees
ORGANIZATION