EFTA01373525

From: Richard Kahn [- Sent: 12/30/2016 12:37:07 PM To: Stewart Oldfield [ Subject: Fwd: Butterfly trust did we resolve this when we spoke a month ago or are these new questions please advise thanks Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York NY 10022 telM fa cel Begin forwarded message: From: Cynthia Rodriguez < Subject: Butterfly trust Date: December 19, 2016 at 5:56:23 PM EST To: Richard Kahn -a> Hi Rich, Hope all is well. Our compliance group is reviewing the recent update that was made to the beneficiaries of the Butterfly Trust, and they have a few questions regarding the trust: • <!--[if Isupportlistsl--><!--[endifj-->What is the purpose of this trust, as it is not cleared within the original trust agreement • <!--[if Isupportlists1--><!--[endifj-->Based on the supporting documents provided, where in the trust agreement does it support the change of beneficiaries? • <!--[if !supportlists1--><!--(endifj-->Why are the beneficiaries changing? Please provide guidance on the above questions, and revert back at your leisure. Thank you in advance for your help. Kind regards, Cynthia Rodriguez Cynthia Rodriguez Assistant Vice President CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0067753 CONFIDENTIAL SDNY_GM_00213937 EFTA01373525