EFTA01928094

To: Mukamal, Thoma From: Jeffrey Epstein Sent Thur 4/10/2014 5:32:10 PM Subject: Re: AYH Thx On Thursday, April 10, 2014, Mukamal, Thomas wrote: We agreed in principle to: I) they put some money into the dock to fix the decking, electric water etc. approx $100k 2) IGY-AYH will enter into a fee based management agreement with them at a percentage of revenues so we actually make money and have no risk to assume any operating expenses other than staff 3) we grant a separate revocable license on sewage use 4) permit application will be tolled without prejudice assuming there is a legal mechanic to do so. If it can't be tolled we will continue the dispute but if they win over our objection we can revoke the license for sewage and the management contract 5) 30 day extension in place to try to document a deal I think its a good result and expect they will try to re trade at the margins. Albert did all the talking and wants the deal. Thomas Mukamal President Island Global Yachting Ltd. 717 Fifth Avenue New York, New York 10022 On Apr 10, 2014, at 12:50 PM, "Jeffrey Epstein" <jeevacation@gmail,com<mailto:jeevacation@gmail,com>> wrote: Results? On Wednesda , April 9, 2014, Mukamal, Thomas wrote' I am meeting Hoffman at 2. If you want to talk I am at EFTA_R1_00376111 EFTA01928094 I tried your cell a few min ago. Thomas Mukamal President Island Global Yachting Ltd. 717 Fifth Avenue New York, New York This message, and any attachments hereto, is confidential and intended exclusively for the use of the individual or entity to whom it is addressed. This communication may contain information that is confidential, proprietary, privileged, subject to a confidentiality and/or non-disclosure agreement, or otherwise exempt or protected from disclosure (either by contract or under applicable law). If you are not the intended recipient, you are hereby notified that printing, retaining, reproducing, copying, disclosing, disseminating or using this message or any information contained herein (including any reliance thereon) is strictly prohibited. If you have received this message in error, please contact the sender immediately and destroy the message (including any attachments) and any copies in their entirety, whether in electronic or hard copy format. Nothing contained in this e-mail shall be considered a legally binding agreement, amendment or modification of any agreement with Island Global Yachting LTD or any of its affiliates, each of which requires a fully executed agreement to be received by Island Global Yachting LTD or such affiliate. This message, and any attachments hereto, is confidential and intended exclusively for the use of the individual or entity to whom it is addressed. This communication may contain information that is confidential, proprietary, privileged, subject to a confidentiality and/or non-disclosure agreement, or otherwise exempt or protected from disclosure (either by contract or under applicable law). If you are not the intended recipient, you arc hereby notified that printing, retaining, reproducing, copying, disclosing, disseminating or using this message or any information contained herein (including any reliance thereon) is strictly prohibited. If you have received this message in error, please contact the sender immediately and destroy the message (including any attachments) and any copies in their entirety, whether in electronic or hard copy format. Nothing contained in this e-mail shall be considered a legally binding agreement, amendment or modification of any agreement with Island Global Yachting LTD or any of its affiliates, each of which requires a fully executed agreement to be received by Island Global Yachting LTD or such affiliate. EFTA_R1_00376112 EFTA01928095