EFTA01418923

EFTA01418923 EFTA01418924 EFTA01418925 EFTA01418926 EFTA01418927 EFTA01418928 BUTTERFLY TRUST SELECTION OF LOCATION OF TRUST ADMINSTRATION Pursuant to Article Eighth, Paragraph A, Subparagraph 15 of that certain Trust Agreement, dated December 27, 2006 (the "Trust Agreement"), between JEFFREY E. EPSTEIN, as Grantor (the "Grantor"), and DARREN K. INDYKE and RICHARD KAHN, as Trustees, of Butterfly Trust (the "Trust"), the acting trustees of the Trust are authorized and empowered, in their discretion, to cause the assets of the Trust to be administered in such locations as they shall select. HARRY I. BELLER and ERIKA A. KELLERHALS, are the current acting trustees of the Trust (the "Trustees"). The Trustees desire that the Trust shall be a U.S. domestic trust as defined in Title 26 section 7701(a)(30) of the Internal Revenue Code by virtue of meeting both the control and the court tests set forth in Treas. Reg. Section 301.7701-7. As provided in Treas. Reg. section 301.7701-7(c)(4)(D), if both a United States court and a foreign court are able to exercise primary supervision over the administration of the trust, the trust meets the court test. NOW, THEREFORE, pursuant to Article Eighth, Paragraph A, Subparagraph 15 of the Trust Agreement, the Trustees do hereby declare that all of the assets of the Trust shall be administered in Delaware and the United States Virgin Islands and, in furtherance thereof, that the courts of the State of Delaware and the U.S. Virgin Islands each shall have primary supervision over the administration of the Trust, with the intent that the Trust shall be a U.S. domestic trust as defined in Title 26 section 7701(a)(30) of the Code by virtue of meeting the court and control test. HARRY I. BELLER KELLER1"S ERIKA A. 1 STATE OF NEW YORK ) ss.: COUNTY OF NEW YORK On this day of November, 2014, before me, the undersigned, personally appeared HARRY I. BELLER, personally known to me or proved to me on the basis of EFTA01418929 satisfactory evidence to be the individual whose name is subscribed to the within instrument, who acknowledged to me that he executed the same in his individual capacity, and that by his signature on the instrument, the individual or the person on behalf of whom the individual acted, executed the instrument. Notary Public TERRITORY OF THE VIRGIN ISLANDS ) )ss.: DIVISION OF ST. THOMAS & ST. JOHN On this day of NeV^ber, 2014, before me, the undersigned, personally appeared ERIKA A. KELLERHALS, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument, who acknowledged to me that she executed the same in her individual capacity, and that by her signature on the instrument, the individual or the person upon behalf of which the individual adteds executed j:he instrument. :ary Public Gina Marie Bryan St. Thomas/St. John, USVI Received this_day of November, 2014 by: JEFFREY E. EPSTEIN, Grantor 2 BUTTERFLY TRUST DELETION AND ADDITION OF BENEFICIARIES Pursuant to Article Third, Paragraph B of that certain Trust Agreement, dated December 27, 2006 (the "Trust Agreement"], between JEFFREY E. EPSTEIN, as Grantor (the "Grantor"), and DARREN K. INDYKE and RICHARD KAHN, as Trustees, of Butterfly Trust (the "Trust"), the then acting trustees of the Trust, acting jointly, have the right, during the lifetime of the Grantor, to delete and add beneficiaries under Article Third of the Trust Agreement by an acknowledged instrument delivered to the Grantor. HARRY I. BEELER and ERIKA A. KELLERHALS are the current actin' trustees to delete each of and GHISLAINE MAXWELL as a beneficiary under rtic e it o t e rust A reement, and to add each of KARYNA SHULIAK, DARREN K. INDYKE AND RICHARD KAHN as a beneficiary under rtic e it of the Trust Agreement. NOW, THEREFORE, pursuant to the authority conferred upon them under Article Third, Paragraph B of the Trust Agreement, the undersigned, Harry I. Beller and Erika A. Keller...1.11... m .. - t fth Tr t hl rrnt tir do hereby: (A) delete each of EFTA01418930 and GHISLAINE MAXWELL as a beneficiary under Article Third of the Trust Agreement• (B) add each of , KARYNA SHULIAK, DARREN K. IN DYKE AND RICHARD KAHN as a beneficiaiy under Article Third of the Trust Agreement. HARRY I. BELLER ERIKAKEy^HALS STATE OF NEW YORK ) ss.: COUNTY OF NEW YORK On this day of November, 2014, before me, the undersigned, personally appeared HARRY I. BELLER, personally known to me or proved to me on the basis of 1 satisfactory evidence to be the individual whose name is subscribed to the within instrument, who acknowledged to me that he executed the same in his individual capacity, and that by his signature on the instrument, the individual or the person on behalf of whom the individual acted, executed the instrument. Notary Public TERRITORY OF THE VIRGIN ISLANDS ) )ss.: DIVISION OF ST. THOMAS & ST. JOHN J 0 day of Noveirfbe^2014, before me, the undersigned, personally On this appeared ERIKA A. KELLERHALS, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument, who acknowledged to me that she executed the same in her individual capacity, and that by her signature on the instrument, the individual or the person upon behalf of which the individual actei ;ecuted the instrument Notr Public, Gina Marie Bryan St. Thomas/St. John, USVI Received this_day of November, 2014 by: JEFFREY E. EPSTEIN, Grantor 2 BUTTERFLY TRUST DESIGNATION AND ACCEPTANCE OF SUCCESSOR TRUSTEE Pursuant to the provisions of Article SIXTH of the BUTTERFLY TRUST, created under that certain trust agreement dated December 27, 2006 [the "Trust"), EFTA01418931 the undersigned Trustees, DARREN K. INDYKE and RICHARD KAHN, being the sole Trustees of the Trust, hereby designate ERIKA A. KELLERHALS as a successor Trustee of the Trust, effective immediately upon the death, resignation or removal of either or both of DARREN K. INDYKE or RICHARD KAHN as Trustee of the Trust and upon the said designated successor Trustee's qualification by executing this instrument to evidence her acceptance of such designation and her agreement to execute her duties as Trustee to the best of her ability. Dated: October 31,2014 DARREN K. IN DYKE. Trustee RICHARD KAHN, Trustee The undersigned, ERIKA A. KELLERHALS, hereby accepts the foregoing designation as successor Trustee under the provisions of trust agreement dated December 27, 2006 of the BUTTERFLY TRUST and hereby agrees to execute her duties as Trustee thereof to the best of her ability. Dated: October 31, 2014 ERIKA A. KELLERHALS, Trus.re Receipt acknowledged by: - ' rij JEFFREY E. EPSTEIN, Granfbr' BUTTERFLY TRUST RESIGNATION OF TRUSTEE Pursuant to the provisions of Article SIXTH, Paragraph D of the BUTTERFLY TRUST, created under that certain trust agreement dated December 27,2006 (the "Trust"), the undersigned Trustee, DARREN K. IN DYKE, hereby resigns as Trustee of the Trust, effective as of the date hereof. Dated; October 31, 2014 DARREN K. INDYKE Receipt acknowledged by: ^ 'x JEFFREY E. EPSTEfN,4)rantor" f RICH 7/ D KAHN, Trustee HARRY I. I"ELLER, Successor Trustee EFTA01418932 ERIKA A. KliLLERHALS, Su^essor Trustee BUTTERFLY TRUST RESIGNATION OF TRUSTEE Pursuant to the provisions of Article SIXTH, Paragraph D of the TRUST, created under that certain trust agreement dated Decembe "Trust"), the undersigned Trustee, RICHARD KAHN, hereby resigns of the Trust, effective as of the date hereof. Dated: October 31,2014 RICHARD KAHN Recei^t^ckfiowtedged JEFFREY E. EPSTElN>GEantpi:^ DARREN K. INDYKE, Trustee kJ L ELLER, Successor Trustee ERIKA A. KElLeRHALS, Successor Trustee BUTTERFLY r 27,2006 [the as Trustee EFTA01418933