Leon Black: Decisions Needed ASAP 1. Phaidon, Topco, Etc (Cash needs) Many wires needed? 2. New Trustee or not-new decantings 3. Art in Art Partnership? Overdue? 4. Grats? Window 5. Art Space 6. Regan Arts 7. Plane Simplify restructure, refinance, repurpose 8. Boat restructure, sister 9. Re Fre

Leon Black: Decisions Needed ASAP 1. Phaidon, Topco, Etc (Cash needs) Many wires needed? 2. New Trustee or not-new decantings 3. Art in Art Partnership? Overdue? 4. Grats? Window 5. Art Space 6. Regan Arts 7. Plane Simplify restructure, refinance, repurpose 8. Boat restructure, sister 9. Re Fre

aidon, Topco, Etc. (Cash needs) Many wires needed- Fee, Cash Infusion Calculation- 30-40m 2. New Trustee or Not- New Decantings No New 3. Art in Art Partnership? Overdue 4. Grats? Window-Amount Yes 5. Art Space Yes 6. Regan Arts? 7. Plane Simplify Restructure, Refinance, Repurpose- Do It? Yes- ASAP- Be

to have physically available as well. Alan Halperin will also join us for much of the day. Agenda I. The genesis of the meeting was to get all the Art Partnership issues discussed and behind us. a. In advance of the meeting, you and Leon will have a structure document, rights and obligations, and administrati

chment — bill for Nov 2013-Jan 2014 + bill for Feb/Mar 2014 = $334,076.54 Covers work related to decanting of trusts, review of options for TRA, new Art Partnership, Art use agreements, new GRATs Second attachment - April-June 2014 = $128,572.97 Covers work related to art insurance, LDB 2011 restructuring, est

to have physically available as well. Alan Halperin will also join us for much of the day. Agenda 1. The genesis of the meeting was to get all the Art Partnership issues discussed and behind us. a. In advance of the meeting, you and Leon will have a structure document, rights and obligations, and administrat

TOPICS FOR LEON A.. Art Partnership (1) List of works to be contributed (2) Any Chinese bronzes to be contributed (3) Documents have been reviewed by Ada (4) Updated art appraisal f

From: Ada Clapp < Sent: Wednesday, February 17, 2016 2:10 PM To: Jeffrey E. Cc: Brad Wechsler Subject: RE: Art Partnership I had also prepared the attached to send to Leon with execution copies, once you approve them. Ada Clapp Chief Legal Officer Elysium Management L

From: Ada Clapp <MIMI > Sent: Wednesday, October 22, 2014 10:59 PM To: jeffrey E. Subject: Automatic reply: Art Partnership documents I will be away from t=e office until Monday, October 27, 2014. During that time, &nbs=; If you need assistance in my absence, please cont

May 2015 19:12:35 +0000 To: 'Brad Wechslera; 'Ada Clapp'8<l> Subject: Phaidon governance I'm wondering if the trustees should run the Phaid=n and Art Partnership structures by our outside counsel, Irene Steiner at =kin. Would that make sense? It would pain me to slow things do=n, and I'm not looking to waste

ent — bill for Nov 2013-Jan 201= + bill for Feb/Mar 2014 = $334,076.54 Covers work related to decanting of=trusts, review of options for TRA, new Art Partnership, Art use agreements= new GRATs Second attachment - April-June 2014 = $128,572.97<=> Covers work related to art insuranc=, LDB 2011 restructurin

chment — bill for Nov 2013-Jan 2014 + bill for Feb/Mar 2014 = $334,076.54 Covers work related to decanting of trusts, review of options for TRA, new Art Partnership, Art use agreements, new GRATs Second attachment - April-June 2014 = $128,572.97 Covers work related to art insurance, LDB 2011 restructuring, est

From: Joe Avantario <[email protected]> Sent: Thursday, July 28, 2016 6:55 PM To: jeffrey E. Cc: Brad Wechsler; Heather Gray Subject: Art Partnership The quarter ending 6/30/16 was the first active quar=er for AP Narrows LP (the art partnership). During that period, the partnership sold 4 pieces