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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
section "(B)" of this Article, one or more persons other than such child or a Related Person as to the child to serve as an additional or successor Trustee of any Trust held for such child's benefit under Article XII. (4) Any instrument of appointment made by the Settlor pursuant to subsection "(I)" of this secti
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
and/or successor trustee. (D) Removal of Trustees. (1) The Settlor may, at any time or from time to time when the Settlor is competent, remove any Trustee of any Trust. (2) At any time when the Settlor is not living or is under a disability or has temporarily or permanently relinquished the power to remove Truste
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
ility or has temporarily or permanently relinquished the power to remove Trustees, DEBRA, if then living and not under a disability, may remove any Trustee of any Trust, provided that immediately following such removal there is at least one Trustee of such Trust who is an Independent Trustee and is not a Related Pe
Entities connected to both Leon Black and Trustee of any Trust

Barry Diller
PERSON
Michael Cohen
PERSON
Samantha Power
PERSONTrusts
ORGANIZATIONIRREVOCABILITY
ORGANIZATIONReliance
ORGANIZATIONTrust Fund
ORGANIZATIONBENJAMIN ELI BLACK
PERSONSettlor
ORGANIZATIONALEXANDER SAMUEL BLACK
PERSONthe Primary Beneficiary's
ORGANIZATIONthe Settlor's Children
ORGANIZATIONRelease or Suspension of Powers
ORGANIZATIONJOSHUA MAX BLACK
PERSONJudicial Settlement of Accounts
ORGANIZATIONRemainder Interests
ORGANIZATIONthe Benefit of Trustees
ORGANIZATIONCombination and Division of Trusts
ORGANIZATIONTangible Personal Property
ORGANIZATIONany Person or Persons
ORGANIZATION