Epstein Secrets

om: Vanessa Eng < Sent: Monday, December 19, 2016 4:57 PM To: Ada Clapp; Barry J. Cohen Cc: Jessica L. Lomm Subject: RE: APO Documents Ada, Barry, Below are short summaries of the Agreement Among Principals, the Shareholders Agreement and the Tax Receivable Agreement. For more detail, you can

p are not held in accordance with the Managing Partners' respective Sharing Percentages. Instead, each Managing Partner's Pecuniary Interest in such Heritage Funds is held in accordance with the historic ownership arrangements among the Managing Partners, and the Managing Partners continue to share the operatin

e income as long as they hold interests in AOG. 10 Barry Cohen recently resigned as Trustee without designating a successor. We were provided with Barry's resignations from all of the other trusts of which he was serving as Trustee other than the 1992 Insurance Trust. Barry also is designated as an

% of the profits interests in Fund IV and 26.2% of the profits interests in Fund V.3 Accordingly, BFP's profits interests in AOG, including the two Heritage Funds, should not exceed the 35% threshold for excess business holdings. d. Tax Receivable Agreement The use of CLATs in Leon's estate planning should n

Henry Silverman( b Marc Spilker Gene Donnelly Barry Giarraputo John Suydam Joseph Azrack James Zel

p are not held in accordance with the managing partners' respective Sharing Percentages. Instead, each managing partner's Pecuniary Interest in such Heritage Funds is held in accordance with the historic ownership arrangements among the managing partners. and the managing partners continue to share the operatin