Yours, Mark Lande From: Lande, Mark Sent: Friday, April 17, 2015 3:11 PM To: 'Richard Kahn' Cc: 'Jeanne Brennan'; Jennifer Greene; Brown, Luke; =anson, Lianne; 'Darren Indyke' Subject: RE: 3.15 Reporting - American Yacht =arbor Dear Richard, Please see the attached reporting for =merican Yacht Harbor for the Q1 2015. Please let me know if you have any =uestions. Yours, Mark Lande, Esq. General Counsel Island Global Yachting Ltd. 717 Fifth =venue, 18th Floor New York, NY 10022 Email: 5 EFTA_R1_01940356 EFTA02671208

This message, and any attachments hereto, is confidential and =ntended exclusively for the use of the individual or entity to whom it =s addressed. This communication may contain information that is confidential, proprietary, privileged, subject to a confidentiality =nd/or non-disclosure agreement, or otherwise exempt or protected from =isclosure (either by contract or under applicable law). If you are not =he intended recipient, you are hereby notified that printing, retaining, reproducing, copying, disclosing, =isseminating or using this message or any information contained herein =including any reliance thereon) is strictly prohibited. If you have =eceived this message in error, please contact the sender immediately and destroy the message (including any attachments) and any =opies in their entirety, whether in electronic or hard copy format. =othing contained in this e-mail shall be considered a legally binding =greement, amendment or modification of any agreement with Island Capital Group LLC or any of its affiliates, each =f which requires a fully executed agreement to be received by Island =apital Group LLC or such affiliate. <2014 AYH =inancial Statements Final.pdf><AYH 6.15 Quarterly Financial =tatements.pdf> This message, and any attachments hereto, is confidential and =ntended exclusively for the use of the individual or entity to whom it =s addressed. This communication may contain information that is =onfidential, proprietary, privileged, subject to a confidentiality =nd/or non-disclosure agreement, or otherwise exempt or protected from =isclosure (either by contract or under applicable law). If you are not =he intended recipient, you are hereby notified that printing, =etaining, reproducing, copying, disclosing, disseminating or using this =essage or any information contained herein (including any reliance =hereon) is strictly prohibited. If you have received this message in =rror, please contact the sender immediately and destroy the message =including any attachments) and any copies in their entirety, whether in =lectronic or hard copy format. Nothing contained in this e-mail shall =e considered a legally binding agreement, amendment or modification of =ny agreement with Island Capital Group LLC or any of its affiliates, =ach of which requires a fully executed agreement to be received by =sland Capital Group LLC or such affiliate. 6 EFTA_R1_01940357 EFTA02671209

This message, and any attachments hereto, is confidential and =ntended exclusively for the use of the individual or entity to whom it =s addressed. This communication may contain information that is confidential, proprietary, privileged, subject to a confidentiality =nd/or non-disdosure agreement, or otherwise exempt or protected from =isclosure (either by contract or under applicable law). If you are not =he intended recipient, you are hereby notified that printing, retaining, reproducing, copying, disdosing, =isseminating or using this message or any information contained herein =including any reliance thereon) is strictly prohibited. If you have =eceived this message in error, please contact the sender immediately and destroy the message (including any attachments) and any =opies in their entirety, whether in electronic or hard copy format. =othing contained in this e-mail shall be considered a legally binding =greement, amendment or modification of any agreement with Island Capital Group LLC or any of its affiliates, each =f which requires a fully executed agreement to be received by Island =apital Group LLC or such affiliate. This message, and any attachments hereto, is confidential and intended =xclusively for the use of the individual or entity to whom it is =ddressed. This communication may contain information that is =onfidential, proprietary, privileged, subject to a confidentiality and/or non-disclosure agreement, or otherwise exempt or protected from =isclosure (either by contract or under applicable law). If you are not =he intended recipient, you are hereby notified that printing, =etaining, reproducing, copying, disclosing, disseminating or using this message or any information contained herein (including =ny reliance thereon) is strictly prohibited. If you have received this =essage in error, please contact the sender immediately and destroy the =essage (including any attachments) and any copies in their entirety, whether in electronic or hard copy format. =othing contained in this e-mail shall be considered a legally binding =greement, amendment or modification of any agreement with Island =apital Group LLC or any of its affiliates, each of which requires a fully executed agreement to be received by Island =apital Group LLC or such affiliate. 7 EFTA_R1_0 1940358 EFTA02671210