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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
d by any Person other than the Settlor or LEON (if then competent) except to the extent authorized by LEON pursuant to this subsection, except that the Primary Beneficiary of a Trust under Article III may revoke or supersede any designation of trustee of such Trust made by any Person (including the Settlor and LEON) at any time when such Primary
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
then competent) except to the extent authorized by DEBRA pursuant to this 54 DM US 35877963-5.0811835.00 II EFTA00616832 subsection, except that the Primary Beneficiary of a Trust under Article III or Article IV may revoke or supersede any designation of trustee of such Trust made by any Person (including the Settlor and DEBRA) at any time whe
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
by any Person other than the Settlor or DEBRA (if then competent) except to the extent authorized by DEBRA pursuant to this subsection, except that the Primary Beneficiary of a Trust under Article III or Article IV may revoke or supersede any designation of trustee of such Trust made by any Person (including the Settlor and DEBRA) at any time whe
Entities connected to both Leon Black and the Primary Beneficiary of a Trust under Article III

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
PERSONTangible Personal Property
ORGANIZATION
Fitch
ORGANIZATIONthe Benefit of Trustees
ORGANIZATIONRemainder Interests
ORGANIZATION