To: Melanie Spine! i lets set a time to speak today if possible . 30 minutes or so. my schedule is tight From: jeffrey E. <[email protected]> Date: Mon, Sep 21, 2015 at 6:36 PM Subject: agenda for today 5 pm? To: Melanie Spine! i, Brad S Karp iS 1. put someone on asap to ascertain if she is still in london. 2. set up conference will uk criminal and uk counsel. a give them more facts. 3. choose method of message delivery. my choice. - two highly respected former ---- fillin the blank, immigration, scotland yard. sfo. . who may knock on her door and present the terms. 4 if not. an alternative method. 5. Is it possible to find out if she has gone to authorities? tabloid lawyer. 6. have the same types of individuals availble in new york if she decides to return as stated.. i prefer former fbi, or immigration one man one woman. .7 from opening a DA investigation to arrest. how long? 8, can we open a file in either jurisdiction, and maintain confidentiality. Date: Mon, Sep 21, 2015 at 6:48 PM Subject: Re: agenda for today 5 pm? Cc: Brad S Karp I think that Melanie should set up a separate email account for this correspondence. she currently is on an apollo server. There is not even a good solution . all have substantial risks. we are dealing with a wholly unpredictable and bad minded person. I and Brad can only make suggestions/actions each less than stellar. - that being said we should do our best to have all the facts . options etc. and to distinguish fact from opionion As the consequences of any decision is likely to have some very bad parts , Leon needs to be cognizant of as much as the downside as we can adequately foresee. Date: Wed, Sep 23, 2015 at 12:07 AM Subject: Fwd: To: Melanie Spinella Po jan 2 of this year Date: Fri, Jan 2, 2015 at 2:55 PM Subject: To: Melanie Spinella Leon, I decided last week that there was little or no upside in disturbing your well earned holiday especiaily as you seemed so peaceful happy and smiley ,getting yourself in shape and truly enjoying your family time. etc. however the situation in your family office is unresolved. I am aware that brad starts monday howver, two last days of the year madness. timber.deal not complete no jpm,acct activity no partnership docs , old stock sales not complete , no bank doc redo. no phaidon note restructure, ., no boat expense review. airplane same ,topco midco.ete still not finished ( trustee ), projections mixed with fiction. , legal exp out of control. no care for admin, silly ( audit). tom conversation with joslin. notes. debra, trustee notes. trustees hiring . bens audit. interest payable made hoopjumping last day of year. after weeks and months. of lectures , gifts to discuss- staff. -houseproject mgmt. . I will continue to try , I had offered ajoint call with eileen before you left. asisaid before , joslin takes instructions from eileen. he said it was made clear to him that he doesn't work for me but works for you. . I tried. Date: Tue, Sep 29, 2015 at 8:39 PM Subject: To: Melanie Spinella TT jeffrey Brad Wechsler is asking if you could meet for a half hour with him and Rich Joslin to discuss Use Tax Refund. Below are available dates/times...below that is your schedule. OK for me to schedule in?: HOUSE_OVERSIGHT_023356

NO sorry not until i hear from leon leon. to be fair, I had sent the first note to you one year ago . stating that my work would come to an end on oct 15. that day had meaning as everything would be closed. you asked that i continue to help brad. as of nov though he would officially start in jan. I said ok, but ..... " you told me to continue as we would work something out" I told you my fee then was 40. feb you came with ben while kathy ruemmler was here. and said next week, debra got bad news. and I quickly prioritzed not adding stress to your situation. I wont regurgitate the interim, though millions of dollars were saved since. millions. . it is now one year later and you propose 10 mlllion , plus a contingent fee . [have said that i would work with you , and if contingent and a percentage of something. I strongly believe that is not in your interest. I continue to put our friendship first and dont want you to write a check for over 100million andthe i will have to listen to lewie for the next few years. but if you prefer over my objection a percentage deal then it should be of all savings not just phaidon. ( arandom concept). The idea that 1 am somehow even marginally responsible for neither you nor heather , ever telling me that there was an unresolved issue, though you said you had been pinged a number of times is emblematic . I can do a call with you and Karp. anytime you like today, but ican assure you 100 percent that there is no light between our positions. ZERO. and he is ready to do his best to try to explain it to you. Date: Thu, Oct 1, 2015 at 11:03 PM Subject: Fwd: To: Melanie Spinella to refresh your recollection, as 4 states. 40a year for three years. asisaid today. . the other was in addtion as you recall. Date: Thu, Apr 11, 2013 at 4:02 PM Subject: To: Melanie Spinella 1. 80 percent of contracted job is accomplished, now drafting ,signing and few critical decisions on your part still await , will fill in nec blanks, 1, how much of upside to kids. , 2, protections . 3 allocations. 4. charitiable, inventory, securities, 2 .to engage the second phase if youso choose , and considering there is only 8 more to be paid this year in oct, for the job now almost completed, total of 23. that was agreed only for history fix. 3. with the necessary proprietary protections , proposal is for first year only an additional 17 . making it 40 , but full year balance on signing , ie 25. takes care of 2013 4, moving forward , 40 per year ,( approx 1 percent ) for three years, to be credited against an agreed formula. Im open to suggestions total approx 120 for new workover 3 years , benefits to you over the next 20. 5, can consider interests other than cash as payment. ? 6. need to speak re , bankers, valuations, mechanics and their continued importance. Date: Fri, Oct 16, 2015 at 4:38 AM Subject: To: Melanie Spinella Office, - adagoes. , hire heather a paralegal. Joslin goes or is closely managed by new cfo with tax experience. .castrucii goes asap.as he merely adds to mess.( too many people , ex 7 people or more to pay a bill ) eva goes. outsource as much as possible.. bookkeeping systems built from scratch, airplane restructure, boat . same, new grats. phaidon sale , decide on artspace survivability, regan, . do the kids really want these? , children accounting ie bens house.etc. re do estate for new facts. redo loans, trading accounts activity, . gaming -foreign- disclosures. . BRH TRA rethinks . household and construction architects. . redone. art partnership , choice of paintings. . re do structure of consultants. tax re family office. . decide if investments are a realistic option in the next three years... insurance. operations. airplane , etc. . artfoundation , private. max charity contributions. financial reports. still waiting. ? on line banking, . tax planning, family office deductions ( profit center ). airplane certificate, redone jet aviation redo. . _— paper gigi ( E )trust to avoid gift tax. . today is Oct 15 HOUSE_OVERSIGHT_023357

With your full knowledge I paid out 8 mil to my staff before june, . soi guess I can safely assume that after consideration of all the things I did for the entire past year separate and apart from your unique free "after care" concept. , what you thought was ultimately fair was the contribution of 5 million toa foundation and a total of 2 million dollars to me. Date: Fri, Oct 16, 2015 at 1:08 PM Subject: To: Melanie Spinella pe I think you should consider the fact that your family office will be the most central component of what you leave to your children , wife heirs. it is the core of your assets. your art might be sold. your houses may lie empty, the apollo stock could be sold. you will pass on your office , . it will be the primary player in your estate tax. probate, transition. Brad has taken it from aD minus toaC minus, If I were you I would set the goal ofan A. just like your paintings. . Like a house you could attempt to renovate it. it will take more time and money. or. inessence as I suggested in dec of 13, start from scratch. A financail head of office. - brad could move to being richards replacment as trustee... barry cohen would be perfect but carries the trustee taint now. . take a tax partner froma major firm. to replace joslin, cost 1+ mil . keep heather and ssmantha. . bring in full time IT person. ASAP . your lighting contractor in your new townhouse has better IT than your multi billlion dollar antique opersation. data breaches are not your concern. precision is. . either re do the office layout . or get enterly new space. the proposals to focus on following on a monthly basis the values of all your current investments is an example of misplaced prioirties. . Your office is the heart of the familys financial life and temp future, it needs a heart operation Date: Mon, Oct 19, 2015 at 5:10 PM Subject: To: Melanie Spinella Radical but my preferred idea. . START from total scratch. there is absolutely nothing worth keeping in your family office except for heather , nothing at all . ] remember when 1 bought my first house in order to renovate and jack robertson said forget it. knock it down start again, I could n't believe it. but he was right. Like your tax returns that were done in triplicate. TOM RICH ALAN. . tom and rich were not really useful in the end. Alan was the only smart one. you should in my opinion Start a brand new office. hire cfo. bring joe over. heather and samantha, run parallel for 6 months and close down the mess of elysium forever. leave your kids a functioning operation professionally constructed and managed. NOT BY ME!!! LAst nov i laid out priorities IT , being the first nothing as of today. _in July I said focus on airplane as a test . to examine procedure and proficiency, so far mostly a waste of resources time people etc. Only last week told debra owns 49 percent of plane. no IT to speak of. bens house unaccounted for. tax returns very very sloppy, . boat still argued as third home. . pilots bonuses? , structure unkown by all. cash sitlling at the same time loans outstanding. Phaidon , looks like close to breakeven in a few years. others totally unknown. Query, do you really want this? : Im not sure how you both want to have an investment office and have cash flow being eaten by publishing and loans amounts outstanding increased by art. --interest rates will be going up.-. your plane will cost 10 million to refinance - so will boat if sold next year-. art space and regan , both needs more cash. with little return, taxes, art purchases. Part of radical solutition is to sell publishing.altogether. (are the children really interested.). restrucuture plane from scratch. layers unncessary. simplify crazy structure s bank accounts trading accounts accounts payble. credit cards. etc. The best way to wean yourself away from me is to have someone else do the whole thing from scratch. . move brad to be the replacement for Richard. . he is nice but this is not what he does. Him saying it is soooo fucked up to me , was only an echo of me sayint it to you. Subject: To: Melanie Spine! is as brad can attest , I spent time today with joslin, joe. etc. no question at all, a failed experiment. In the words of a banker that made a call on your office. what happened? leon seems to have replaced Eillenn with a HOUSE_OVERSIGHT_023358

team of Shleppers. ? I know you care little for what they may think , but the legacy you leave your kids is just that. you only have 60 days of planning left for this year. numbers are all over the place. I recieved a nice call from Karp today, .He touted me asa great friend to you. I am happy to be just that. . He said it was important for me to tell you what others won't. Keep heather, fire EVERYONE else. Date: Mon, Oct 26, 2015 at 1:10 PM Subject: CONSTRUCTIVE? To: Brad Wechsler Po Melanie Spinella Po 1 cash flow projections for 16. . draft ok. iwill be easy. ineed rought projection. 2. phaidon chart laid out now with who signs in sale of shares vs enitities. ? ie managing memebrs. . 2. 3 newtrusts. Apo- o , dynasty, ( does leon want to put in new restrictions per child ). - publishing interests. . 3 llc, for investments 4 names insured? guamatees? art loans. outstanding. sales or use tax owed? 4, comparison of execu jet vs jet aviation. . 5. the bank loan on the jet is going to come due. does leon prefer to extend f they would (he is a guarantor. ? ) or will he need to pay 10 million cash to renew, _ that wiill determine new structure of plane. getting rid of rance, wells fargo, john hannon, lisa gratizaino etc.. 5. boat restructure . 6 grats -if leon decie to have another. 7 accountning for children, . Date: Mon, Oct 26, 2015 at 7:08 PM Subject: draft To: Melanie Spinella Po Brad Wechsler phaidon and art space. combined basis 96 million , ( reviewed with brad and joe.) . add ten for restructuring . basis 106. mi. subtract total sale price. for both, lets say approx $8-15m ._ leaving loss of between 90 and 98 million long term loss. . AMT rate 28 % obama. tax 3.8%. city and state 12% total aprox 43%. tax rate. savings 38.7-44m 0:51 PM (15 hours ago) to me, Richard, Karen io@'Good afternoon Removal of headers in Cabana’s 1 and 2 started today Dock Shelters proposed start date 16 Apr LSJ staff cottage and Sams kitchen and bath cabinets are due in this week. Have yet to schedule install. Will have estimate for GSJ Staff Cottage from EB by the end of the week Unable to contact Jimmy again regarding thls project, Reached our Monday to schedule site meeting, got a - No Can Do - reply !!! Regards Brice Date: Mon, Oct 26, 2015 at 8:37 PM Subject: To: Brad Wechsler , Melanie Spinclla TT gain at 20 % not 28. . so total , 35.8%. tax rate. same for boat. and plane each around 10m so total 7m savings if both sold Date: Fri, Jun 3, 2016 at 5:56 PM Subject: To: Heather Gray Po heather leon seems to not recall the issue of finding an alternative to the eschange agents resale cerificate. he didnt remeebr you suggesting a gallery instead. you mentioned that he did not want to get another gallery involved.? has any of the transactions been audited using this method , which even i find agressive. Date: Fri, Jun 3, 2016 at 3:02 PM HOUSE_OVERSIGHT_023359

Subject: RE: To: "jeffrey E." <[email protected]> Hi Jeffrey, As you will recall, we used this same exchange agent last year on the Calder 1031. At the time, we discussed the merits of using a gallery versus a commercial exchange agent and my recommendation to Leon was to use a gallery. I felt that there were advantages to using a commercial exchange agent instead of a gallery on the 1031 side (e.g., less likelihood of a breach of confidentiality, IRS familiarity with CDEC in the event of an audit, security of funds), but that a commercial exchange agent gave us less comfort on the sales tax side. Leon did not want to use a gallery because he was concerned about confidentiality and he did not want to have to ask a gallery that he did not do much business with to act as exchange agent. When Leon first discussed the exchange for the Cezannes with me a few weeks ago, I asked him if he wanted to use the same exchange agent as last year, or if he wanted to use a gallery. I said that a gallery carried little to no risk on the sales tax side, but I reminded him that he had not wanted to use a gallery last year for the Calder because of confidentiality reasons. He said to use the same exchange agent as before, which made sense to me because he was extremely concerned about confidentiality with the purchase of the Cezannes. I will find out about sales tax audits and will let you know. The exchange agent has had a New York resale certificate since 2014 and has been engaged in art transactions like this since then, but I do not believe they have been audited. I will check, though, and I will also ask the Herrick lawyer if any of his clients who have done similar deals have been audited. Best, Heather please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved HOUSE_OVERSIGHT_023360