Leon Black: Decisions Needed ASAP (Oct. 28, 20151

Leon Black: Decisions Needed ASAP (Oct. 28, 20151 1. Phaidon, 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- Before Dec. 8. Boat Restructure, Sister- Do It? EFTA00305986 ASAP- Sept. 10 9. Re Fresh Estate Plan to Consider Modifications, Alex/Victoria Equal Does Not Mean Same- Longer 10. 'ERA Review, Sale 11. BRH Doc Review 12. Sale of Stock or Art? Tax, Rent Sale 13. Gift of Art 14. Charity Current & Future Pledges, Gifts ?? 15. Cash Flow 77- Need EFTA00305987 16. New IT & New Personnel 17. Operational Re-Do (Bill Pay, etc)-Credit Card? Approval Process 18. Debra & Children? Current & Future Involvement, Notifications, Etc., New Dynasty Trust? 19. Tax Plan & Disclosures, Gaming, Foreign Apollo & Phaidon Related 20. Investments Rationalize Include Trading Accounts- New? Kids- Brad? 21. Bank Loans, Rate? Terms etc. Consolidate Plane, Boat, Houses. Disclosures? Roles- Vary 22. Consolidate, Review & Reduce number of all bank accounts & legal entities, Decanting, Liquidating, etc. Already Began/ Ben 248k/Josh 439k/ V & A 439k EFTA00305988 23. All outside Consultants? Valuations, etc. Silly 24. Review Legal Bills Carefully-Personal vs Elysium Gigi, etc, Capital Expense 25. Third party responsibility Ben's house, Alex films, etc. Tax EFTA00305989