Epstein Secrets

OMER HEREBY CERTIFIES THAT SUCH PERSONA) HAS FULL POWER AND AUTHORITY ON BEHALF OF CUSTOMER TO SIGN AND

3. CREDIT TERM$DELINQUENCY Company reserves the right al any tine lo suspend credt. or to change any credt terms provided Customer. if any. when in Companys soh ophion the Inertial condition ol Customer so warrants. Tense lo pay any invoice when die eztomaticalty makes all invoces mmeaalely due and payab

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nue York 10179 6 ot Your messages Bear. Steams Securities Corp. Net Capital and Net Capital Requirements: At May 31. 2004 and July 31, 2004. the Companys net capital of approximately 53.6 billion and $3.6 billion was approximately 6.8% and 6.5% of aggregate debit items and exceeded the minimum regula

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0 s l 0 m r 99005£00- 019- ANGS Bear. Steams Securities Corp. Net Capital and Net Capital Requirements: At May 31. 2006 and July 31, 20O6. the Companys net capital of approximately $3.7 billion and S3.8 billion was approximately 7% and 7% of aggregate debit Brims and exceeded the minimum regulatory

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ATFVENT Fettuary 22. 2002 Bear, Stearns Securities Corp. Net Capital and Net Capital Requirements: At November 30, 2001 and January 31, 2002, the Companys net capital of approximately S2.6 billion and 52.6 billion was approximately 9% and 8% of aggregate debit items and exceeded the minimum regulator

uary 27. 2001 TARCI.O.4 Fetrowy 23.2001 Afrnµr POWER 040.51256 X72 TAXPAYER stsraek 13.7047334 LAST

ew Yea 10167 (212) 272-2000 6 tie Bear. Steams Securities Corp. Net Capital and Net Capital Requirements: At May 25. 2001 and lily 27. 2001. the Companys net capital of $2.7 billion and $2.7 billion was approximately 8.9% and 9.2% of aggregate debit items and exceeded the minimum regulatory net capi

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10179 (212) 272-2000 Your messages Bear, Steams Securities Corp. Net Capital and Net Capital Requirements: At May 31. 2O03 and July 31. 2003, the Companys net capital of approximately 52.4 billion and $3.0 billion was approximately 6% and 7% of aggegate debit items and exceeded the minimum regulatory n

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STATSWOrt Sand* 22. 2002 Bear. Stearns Securities Corp. Net Capital and Net Capital Requirements: At November 30. 2001 and January 31. 2002. the Companys net capital of approximately 42.6 billion and 52.6 billion was approximately 9% and 8% of aggregate debit items and exceeded the minimum regulator

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6. SIGNATURE App011ff natal met this Womiation Is Inn and compla and ilulhOrani and lo wanly eN Womiellon and obtain addii&d Nionnation concealing Companys owe swats} end lo.turnish such anal inlormalion to news. Company agrees to be bound by end obilgsead scoxdIng to Me creditor% VISA Business Card Reo

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the vesting period for the awards granted to the employees. The Company recorded an asset and a liability upon receiving the awards on behalf of the Companys employees. The awards granted to the Companys employees are remeasured each period to reflect the fair value of the asset and liability and any chan