From: Eileen Alexanderson [maiIto Sent: Wednesday, April 10, 2013 9:40 AM To: Kirschner, Elyse Subject: RE: Release & Indemnification Agreement Good morning Elyse, do we have final version? Thanks, Eileen From: Kirschner, Elyse [mail

From: Eileen Alexanderson [maiIto Sent: Wednesday, April 10, 2013 9:40 AM To: Kirschner, Elyse Subject: RE: Release & Indemnification Agreement Good morning Elyse, do we have final version? Thanks, Eileen From: Kirschner, Elyse [mailto Sen

erson; Jeffrey Epstein; McCaffrey, Carlyn Subject: RE: Release & Indemnification Agreement • Hi Alan, Please see my answers below in red. Elyse Elyse G. Kirschner I Partner McDermott Will & Emery LLP 1340 Madison Avenue, New York, NY 10173 www.mwe.com chttp://www.mwe.comh From: Alan S Halperin [mailtolal l

send me Debra's too? Elyse G. Kirschner I Partner McDermott Will & Emery LLP From: Thomas Turrin US. Sent: Friday, November 16, 2012 3:54 PM To: Kirschner, Elyse Subject: RE: Leon Black I will forward it to you a little later. THOMAS TURRIN, CPA Partner Raich Ende Malter & Co. LLP EFTA_R1_00467674

Subject: RE: Leon Black Thanks. Can you send me Debra's too? Elyse G. Kirschner I Partner McDermott Will & Emery LLP From: Thomas Turrin US. Sent: Friday, November 16, 2012 3:54 PM To: Kirschner, Elyse Subject: RE: Leon Blac

ra's too? Elyse G. Kirschner I Partner McDermott Will & Emery LLP From: Thomas Turrin US. Sent: Friday, November 16, 2012 3:54 PM To: Kirschner, Elyse Subject: RE: Leon Black I will forward it to you a little later. THOMAS TURRIN, CPA Partner Raich Ende Malter & Co. LLP EFTA_R1_00467674 EFTA0

n additional $950,000 of GST exempt property into the trust. Please let me know if you have any questions. EFTA_R1_00463911 EFTA01977401 Elyse Elyse G. Kirschner I Partner McDermott Will & Emery LLP I 111411116*****• • *IN* •• *********** iltle****401•••••••••••*********** IRS Circular 230 Disclosure:

n 12/3/2012 8:05:49 PM Subject: Re: FW: Debra Black no payment now On Mon, Dec 3, 2012 at 8:50 PM, Eileen Alcxanderson < wrote: From: Kirschner, Elyse Sent: Monday, December 03, 2012 12:30 PM To: Eileen Alexanderson Cc: Thomas Turrin; McCaffrey, Carlyn Subject: Debra Black Eileen, Tom Turrin s

Sent: Mon 12/3/2012 8:05:49 PM Subject: Re: FW: Debra Black no payment now On Mon, Dec 3, 2012 at 8:50 PM, Eileen Alcxanderson < wrote: From: Kirschner, Elyse Sent: Monday, December 03, 2012 12:30 PM To: Eileen Alexanderson Cc: Thomas Turrin; McCaffrey, Carlyn Subject: Debra Black Eileen, Tom T

[email protected] <mailto:[email protected]» Date: 04/15/2013 08:14 AM Subject: FW: Release & Indemnification Agreement From: Kirschner, Elyse [mailto Sent: Sunday, April 14, 2013 10:41 AM To: Eileen Alexanderson Subject: RE: Release & Indemnification Agreement Hi Eileen, Attached is th

.com> )" <[email protected] <mailto:[email protected]» Date: 04/15/2013 08:14 AM Subject: FW: Release & Indemnification Agreement From: Kirschner, Elyse [mailto Sent: Sunday, April 14, 2013 10:41 AM To: Eileen Alexanderson Subject: RE: Release & Indemnification Agreement Hi Eileen, Attache

I just made. I am also attaching a redlined version to highlight the changes I made. Please let me know if you have any questions. Thanks. Elyse Elyse G. Kirschner I Partner www.mwe.com <http://www.mwe.com/> From: Eileen Alexanderson [mailto: 3 EFTA_R1_01405297 EFTA02385942

From: Kirschner, Elyse [mailto: Sent: Sunday, April 14, 2013 10:41 AM To: Eileen Alexanderson Subject: RE: Release & Indemnification Agreement Hi Eileen, Attach

made. I am also attaching a redlined version to =ighlight the changes I made. Please let me know if you have any questions. =/font> Thanks. Elyse Elyse G. Kirschner I Partner McDermott Will & Emery LLP 1340 Madison Avenue, New York, NY =0173 www.mwe.com chttp://www.mwe.comk From: Eileen Alexanderson [mailt fo

From: Kirschner, Elyse [mailto: Sent: Sunday, April 14, 2013 10:41 AM To: Eileen Alexanderson Subject: RE: Release & Indemnification Agreement Hi Eileen, Attached is t

Carlyn S. McCaffrey I Partner McDermott Will & Emery LLP I From: Kirschner, Elyse Sent: Friday, November 16, 2012 5:58 PM To: McCaffrey, Carlyn Subject: FW: Leon Black - form 709 Here's Leon's 2011 gift tax return (the code to

Carlyn S. McCaffrey I Partner McDermott Will & Emery LLP I From: Kirschner, Elyse Sent: Friday, November 16, 2012 5:58 PM To: McCaffrey, Carlyn Subject: FW: Leon Black - form 709 Here's Leon's 2011 gift tax return (the c

74 million of his credit left. He used $3.5 million of his GST exemption. He should just make a gift of $1.5 million to his 1997 GST exempt trust. Elyse G. Kirschner I Partner McDermott Will & Emery LLP I From: Thomas Turrin [nal Sent: Friday, November 16, 2012 5:34 PM To: Kirschner, Elyse Subject: RE: Leon B

I just made. I am also attaching a redlined version to highlight the changes I made. Please let me know if you have any questions. Thanks. Elyse Elyse G. Kirschner I Partner McDermott Will & Emery LLP 1340 Madison Avenue New York, NY 10173 <http://www.mwe.comh www.mwe.com 3 EFTA_R1_01405244 EFTA02385912

.com> )' <[email protected] <mailto:[email protected]» Date: 04/15/2013 08:14 AM Subject: FW: Release & Indemnification Agreement From: Kirschner, Elyse [mailto: Sent: Sunday, April 14, 2013 10:41 AM To: Eileen Alexanderson Subject: RE: Release & Indemnification Agreement Hi Eileen, Attach

[email protected] <mailto:[email protected]» Date: 04/15/2013 08:14 AM Subject: FW: Release & Indemnification Agreement From: Kirschner, Elyse [mailto: Sent: Sunday, April 14, 2013 10:41 AM To: Eileen Alexanderson Subject: RE: Release & Indemnification Agreement Hi Eileen, Attached is t

Trust • Hi =Ian, Did you have your questions answered and have =ou now signed off on the last version of the Release & =ndemnification Agreement Elyse circulated for the 2006 =rust? The last version I saw was on 4/15 (sent 4:50 =M). Best =egards, New York NY 1O019 phon' IRS Circular 230 =isclos

will input them. But I think we =lso need to add something about attaching annual financial statements for =FP. And best of luck in your new role! Elyse G. Kirschner I Partner McDermott Will & Emery LLP I 340 Madison Avenue, New York, NY =0173 +1 212 547 5327 [email protected] <mailto:%[email protected]> +

([email protected])" <[email protected]>= Date: =nbsp; 04/15/2013 08:14 =M Subject: =nbsp; FW: Release & Indemnification Agreement From: Kirschner, Elyse =mailto Sent: Sunday, April 14, 2013 10:41 AM To: Eileen Alexanderson Subject: RE: Release & Indemnification Agreement Hi =ileen, Attache

From: "Kirschner, Elyse" To: Jeffrey Epstein <[email protected]>, "McCaffrey, Carlyn" Subject: RE: Date: Mon, 22 Apr 2013 00:17:14 +0000 Attachments: Leon Black

From: "Kirschner, Elyse" To: Jeffrey Epstein <[email protected]>, "McCaffrey, Carlyn" Subject: RE: Date: Mon, 22 Apr 2013 00:17:14 +0000 Attachments: Leon Black_Split_

the 1999 insurance trusts actually own the policies. Please see the attached memo. There is some background on the split-dollar policies discussed. Elyse G. Kirschner I Partner McDermott Will 8, Eme LLP 340 Madison Avenue, New York, NY 10173 www.mwe.com From: Jeffrey Epstein [maittojeevacation@gmalkoom] Sent: F

Sent: Wednesday, April 10, 2013 9:40 AM To: Kirschner, Elyse Subject: RE: Release & Indemnification Agreement Good morning Elyse, do we have final version? Thanks, Eileen From: Kirschner, Elyse [mail

Sent: Wednesday, April 10, 2013 9:40 AM To: Kirschner, Elyse Subject: RE: Release & Indemnification Agreement Good morning Elyse, do we have final version? Thanks, Eileen From: Kirschner, Elyse [mailto Sen

anderson; Jeffrey Epstein; McCaffrey, Carlyn Subject: RE: Release & Indemnification Agreement Hi Alan, Please see my answers below in red. Elyse Elyse G. Kirschner I Partner McDermott Will & Emery LLP I 340 Madison Avenue, New York, NY 10173 I www.mwe.com <http://www.mwe.comk From: Alan S Halperin [mailto S

g Will and Revocable Trust Date: Tue, 05 Mar 2013 23:38:42 +0000 Attachments: DOC.PDF; DOC(I).PDF; DOC(2).PDF Original Message From: Kirschner, Elyse [mailto: Sent: Monday, June 11, 2012 9:24 PM To: Eileen Alexanderson Subject: Leon's Existing Will and Revocable Trust As discussed. Elyse G. Ki

n's Existing Will and Revocable Trust Date: Tue, 05 Mar 2013 23:38:42 +0000 Attachments: DOC.PDF; DOC(I).PDF; DOC(2).PDF Original Message From: Kirschner, Elyse [mailto: Sent: Monday, June 11, 2012 9:24 PM To: Eileen Alexanderson Subject: Leon's Existing Will and Revocable Trust As discussed. Elys

hner, Elyse [mailto: Sent: Monday, June 11, 2012 9:24 PM To: Eileen Alexanderson Subject: Leon's Existing Will and Revocable Trust As discussed. Elyse G. Kirschner I Partner McDermott Will & Eme LLP 340 Madison Avenue New York, NY 10173 **************************** *******************************************

an additional $950,000 of GST exempt property into the trust. Please let me know if you have any questions. Elyse EFTA_R1_00463680 EFTA01977202 Elyse G. Kirschner I Partner McDermott Will & Emery LLP *IIIIIIIIIIt**************** ******************•********************* ****** **********•**********Iht fr**

To: Jeffrey Epstein[[email protected]] From: Eileen Alexanderson Sent: Mon 12/3/2012 7:50:48 PM Subject: FW: Debra Black From: Kirschner, Elyse Sent: Monday, December 03, 2012 12:30 PM To: Eileen Alexanderson Cc: Thomas Turrin; McCaffrey, Carlyn Subject: Debra Black Eileen, Tom Turrin s

To: Jeffrey Epstein[[email protected]] From: Eileen Alexanderson Sent: Mon 12/3/2012 7:50:48 PM Subject: FW: Debra Black From: Kirschner, Elyse Sent: Monday, December 03, 2012 12:30 PM To: Eileen Alexanderson Cc: Thomas Turrin; McCaffrey, Carlyn Subject: Debra Black Eileen, Tom T

Please see my answers below in red. Elyse Elyse G. Kirschner I Partner McDermott Will & Emery LLP 1340 Madison Avenue. New York. NY =0173 www.mwe.com chttp://www.mwe.com/> From: Alan S Halperin [mailtci l

Please see my answers below in red. Elyse Elyse G. Kirschner I Partner McDermott Will & Emery LLP 1340 Madison Avenue. New York. NY =0173 www.mwe.com chttp://www.mwe.com/> From: Alan S H

0 Madison Avenue. New York. NY =0173 www.mwe.com chttp://www.mwe.com/> From: Alan S Halperin [mailtci l Sent: Friday, March 29, 2013 3:14 PM To: Kirschner, Elyse Cc: Ada Clapp; Eileen Alexanderson; Jeffrey Epstein Subject: RE: Release & Indemnification Agreement =Hello Elyse. =/font> The proposed ag

ind, Wharton & Garrison LIP 1285 Avenue of the Americas I New York. NY 10019-6064 www.paulweiss.com <http://www.paulweiss.com/> From: "Kirschner, Elyse" To: "Ada=Clapp" Cc: "Eileen Alexanderson S Halperi Date: 03/27/2013 09:22 AM Subject: RE: Release & Indemnification Agreement "Jeffrey Eps

will input them. But I think we =lso need to add something about attaching annual financial statements for =FP. And best of luck in your new role! Elyse G. Kirschner I Partner McDermott Will & Emery LLP I 340 Madison Avenue, New York, NY =0173 <http://www.mwe.com/> www.mwe.com From: Ada Clapp (maiIto Sent: Tu

Weiss, Rifkind, Wharton & Garrison LIP 1285 Avenue of the Americas I New York. NY 10019-6064 www.paulweiss.com <http://www.paulweiss.com/> From: "Kirschner, Elyse" To: "Ada=Clapp" Cc: "Eileen Alexanderson S Halperi Date: 03/27/2013 09:22 AM Subject: RE: Release & Indemnification Agreement "Jeff

OC.PDF; Microsoft_Word_-_37471901_1_DOC.PDF; Microsoft Word - 35877963 5 DOC.PDF; Microsoft Word - 37283516 2 DOC.PDF; New).DO C From: Kirschner, Elyse [mailto: Sent: Monday, August 13, 2012 1:52 PM To: Eileen Alexanderson Cc: Clapp, Ada; McCaffrey, Carlyn Subject: Draft documents for Leon [IW0V-

vocable trust agreements so that they pour into the 1997 trust agreement instead. Please let me know if you have any questions or comments. Elyse Elyse G. Kirschner I Partner McDermott Will & Emer LLP 340 Madison Avenue, New York, NY 10173 ******************************************************IN • • it** • ***

7472881_1_DOC.PDF; Microsoft_Word_-_37471901_1_DOC.PDF; Microsoft Word - 35877963 5 DOC.PDF; Microsoft Word - 37283516 2 DOC.PDF; New).DO C From: Kirschner, Elyse [mailto: Sent: Monday, August 13, 2012 1:52 PM To: Eileen Alexanderson Cc: Clapp, Ada; McCaffrey, Carlyn Subject: Draft documents for Leon

inaryComparison_39479962v1_DM_US_- _Debra_Black_2012_Family_Trust_Agreement-_39479962v2_DM_US_.DOC I know the name has to go but have a look. From: Kirschner, Elyse [mailto: Sent: Wednesday, November 28, 2012 3:53 PM To: aapp, Ada Cc: Eileen Alexanderson Subject: RE: Debra's Trust to use up the Exempti

is correct. Attached is a revised version of the agreement, with a redline. Eileen, What will Debra be using to fund this trust? Thanks. Elyse Elyse G. Kirschner I Partner McDermott Will & Emery LLP I - www.mwe.com From: aapp, Ma [mailto: Sent: Wednesday, November 28, 2012 12:59 PM To: Kirschner, Elyse C

ison_39479962v1_DM_US_- _Debra_Black_2012_Family_Trust_Agreement-_39479962v2_DM_US_.DOC I know the name has to go but have a look. From: Kirschner, Elyse [mailto: Sent: Wednesday, November 28, 2012 3:53 PM To: aapp, Ada Cc: Eileen Alexanderson Subject: RE: Debra's Trust to use up the Exemption Amou

exanderson's request, I am attaching copies of two charts illustrating Leon's trust structure. Please let me know if you have any questions. Elyse Elyse G. Kirschner I Partner McDermott Will & Emery LLP I 340 Madison Avenue, New York, NY 10173 I www.mwe.com *a*** **a* IRS Circular 230 Disclosure: To comply

From: "Kirschner, Elyse" To: "[email protected]" [email protected]> CC: Eileen Alexanderson Subject: charts [IWOV-DM_US.FID2923935] Date: Tue, 19 Jun 2012 1

From: "Kirschner, Elyse" To: "[email protected]" [email protected]> CC: Eileen Alexanderson Subject: charts [IWOV-DM_US.FID2923935] Date: Tue, 19 Jun 2012 17:57:22

ions To: Jeffrey Epstein <[email protected]> Are you good with this as a plan? From: Clapp, Ada [ Sent: Friday, December 14, 2012 1:09 PM To: Kirschner, Elyse; Eileen Alexanderson Subject: RE: Leon Black Children-use of Gift and GST tax exemptions Hi Eileen and Elyse, Thanks for the email, Elyse.

effrey Epstein <[email protected]> Are you good with this as a plan? From: Clapp, Ada [ Sent: Friday, December 14, 2012 1:09 PM To: Kirschner, Elyse; Eileen Alexanderson Subject: RE: Leon Black Children-use of Gift and GST tax exemptions Hi Eileen and Elyse, Thanks for the email, Elyse. I know

tribute assets out of the non-GST exempt trusts, have the children gift them to new trusts, and allocate their GST exemptions to those new trusts. Elyse G. Kirschner I Partner McDermott Will & Emery LLP 1340 Madison Avenue, New York, NY 10173 www.mwe.com From: Clapp, Ada [ Sent: Thursday, December 13, 2012

explanatory memo regarding the children's trusts. It's addressed to Leon, but you can show it to the kids to help explain the transaction to them. Elyse G. Kirschner I Partner & Emer LLP 340 Madison Avenue. New York, NY 10173 * • ip********.k• ***lap* • *Y. • • it** • *************** **IN a • MI* • II* *IN tea

Subject: for Leon Please print for Leon to take home tonight in advance of signing the related documents in the morning. Thanks. From: Kirschner, Elyse [mallto: Sent: Wednesday, December 19, 2012 1:08 PM To: Eileen Alexanderson Subject: memo We will be sending you Ben's documents shortly. Attach

ie Spinella Subject: for Leon Please print for Leon to take home tonight in advance of signing the related documents in the morning. Thanks. From: Kirschner, Elyse [mallto: Sent: Wednesday, December 19, 2012 1:08 PM To: Eileen Alexanderson Subject: memo We will be sending you Ben's documents shortly.

He used $3.5 million of his GST exemption. He should just make a gift of $1.5 million to his 1997 GST exempt trust. Elyse G. Kirschner I Partner McDermott Will & Emery LLP I New York, NY 10173 > I www.mwe.com <http://www.mwe.com> From: Thomas Turrin Sent: Friday, November 16, 2

mott Will & Emery LLP I New York, NY 10173 > I www.mwe.com <http://www.mwe.com> From: Thomas Turrin Sent: Friday, November 16, 2012 5:34 PM To: Kirschner, Elyse Subject: RE: Leon Black - form 709 Elyse, The p/w is my office zip code. I will send Debra's on Monday. Best, Tom THOMAS TURRIN, CPA P

Emery LLP I New York, NY 10173 > I www.mwe.com <http://www.mwe.com> From: Thomas Turrin Sent: Friday, November 16, 2012 5:34 PM To: Kirschner, Elyse Subject: RE: Leon Black - form 709 Elyse, The p/w is my office zip code. I will send Debra's on Monday. Best, Tom THOMAS TURRIN, CPA Partner