1. The Trustees hereby delete all of the beneficiaries named, pursuant to the January 27 Instrument, as beneficiaries under the Insurance Trust entitled to the principal and all accumulated income of the Insurance Trust upon the death of the Grantor thereof, and direct that, upon the death of the Grantor of the Insurance Trust, all the principal and all accumulated income from the Insurance Trust shall be distributed as follows: A. One hundred percent (100%) thereof t if she survives the Grantor, in separate trust, the provisions o w ttc t arc set forth in Section 2 below. B. I does not survive the Grantor, one hundred percent (100%) thereof to if she survives the Grantor. 2. Any property directed to be held in trust for -pursuant to the provisions of this Section 2 shall be distribute as ollows: A. The Trustees may pay any part or all of the income and such sums From: Bradley Gillin Sent: Thursday, November 15, 2018 5:37 PM To: Yoonsun Chun Cc: Stewart Oldfield Subject: Epstein Insurance Trust Classification: For internal use only See attached. It looks like the' replaced the initial beneficiaries witl CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0072980 SDNY_GM_002 19164 CONFIDENTIAL EFTA01376647