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from time to time, so long as he is not under a disability, revoke the designation of anyone or more of DEBRA R. BLACK. BARRY J. 34 EFTA00609867 COHEN. JOHN J. HANNAN and RICHARD RESSLER as successor Trustees and may appoint. in the manner provided in section "(B)" of this Article, one or more indi
: DEFLNITIONS AND RULES OF CONSTRUCTION (A) Senior's Family. The Senior is married to DEBRA R. BLACK ("DEBRA"). The Senior has four (4) children, BENJAMIN ELI BLACK, JOSHUA MAX BLACK, ALEXANDER SAMUEL BLACK and VICTORIA RACHEL BLACK, who together with all children born to or adopted by the Senior after the date
would like to designate JOHN SUYDAM and BARRY J. COHEN as trustees and U.S. TRUST COMPANY OF DELAWARE ("
ere 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 children born to the Settlor after the date of this Trust Agreement who ar
Settlor"), and DEBRA R. BLACK ("DEBRA"), BARRY J. COHEN ("BARRY"), JOHN J. HANNAN ("JOHN") and RICHARD R
ere the grantor, as that term is used in § 672(c) of the Code). (13) "Settlor": LEON D. BLACK. (14) "Settlor's Children": the Settlor's children, BENJAMIN ELI BLACK, JOSHUA MAX BLACK, ALEXANDER SAMUEL BLACK, VICTORIA RACHEL BLACK, and any children born to or adopted by the Settlor after the execution of the Ori
NEW YORK, NEW YORK FOR VALUE RECEIVED, BARRY J. COHEN, JOHN J. HANNAN and DEBRA R. BLACK, as trustees
ASSIGNMENT OF PROMISSORY NOTE THIS ASSIGNMENT is made as of the 20th day of December, 2012 by BENJAMIN ELI BLACK, individually, to LEON D. BLACK, as trustee of the YGGDRASIL TRUST ("Assignee"). Assignor holds a promissory note payable to BENJAMIN ELI BLACK wi
ned, JOHN J. HANNAN, DEBRA R. BLACK and BARRY J. COHEN, in their capacities as trustees of the BEB 2011
EIVED, the undersigned, JOHN J. HANNAN, DEBRA R. BLACK and BARRY J. COHEN, in their capacities as trustees of the BEB 2011 Trust, promise to pay to BENJAMIN ELI BLACK, in his individual capacity, the principal sum of exactly FIVE MILLION ONE HUNDRED TWENTY THOUSAND and 00/100 ($5,120,000) DOLLARS ("Principal"). T
TRUST made as of the day of , 2013 by BARRY J. COHEN, RICHARD RESSLER, and JOHN J. HANNAN (hereinafte
the disposition of such trust, it shall terminate upon the expiration of twenty-one (21) years after the death of the last survivor of LEON, DEBRA, BENJAMIN ELI BLACK, 13 EFTA00585036 USI:8136490104 JOSHUA MAX BLACK, ALEXANDER SAMUEL BLACK, and VICTORIA RACHEL BLACK. With respect to any trust created under Cl
Entities connected to both Michael Cohen and BENJAMIN ELI BLACK

Barry Diller
PERSONLeon Black
PERSON
Samantha Power
PERSON
JPMorgan Chase
ORGANIZATIONIRREVOCABILITY
ORGANIZATIONSouthern Trust Company
ORGANIZATIONALEXANDER SAMUEL BLACK
PERSONReliance
ORGANIZATIONSettlor
ORGANIZATION
Moody
PERSONJOSHUA MAX BLACK
PERSONStandard & Poor's
ORGANIZATIONRelease or Suspension of Powers
ORGANIZATIONthe Benefit of Trustees
ORGANIZATIONTrusts
ORGANIZATIONRemainder Interests
ORGANIZATIONTrust Fund
ORGANIZATIONthe Settlor's Children
ORGANIZATIONJudicial Settlement of Accounts
ORGANIZATION
Fitch
ORGANIZATION