EFTA01959027

To: David Stem From: Jeffrey Epstein Sent Mon 9/2/2013 1:23:30 PM Subject: Re: Term Sheet from Cantor Fitzgerald to Mr. T yes On Mon, Sep 2, 2013 at 9:22 AM, wrote: Instead of 50/50, can we do 40/40/20 ? 20 for me.... This is original PA idea. From: Jeffrey Epstein <[email protected]> Date: Mon, 2 Sep 2013 09:21:41 -0400 To: David Stem Subject: Re: Term Sheet from Cantor Fitzgerald to Mr. T no , suggest a counter, fifty fifty split, first 1 millino to offset loan, no subs acting without written agreement as to fee and profits . no exclusivity, On Mon, Sep 2, 2013 at 9:13 AM, -, •• wrote: Kill the whole thing ? PA lawyer is out of his depth. From: Jeffrey Epstein <jeevacation®gmail.com> Date: Mon, 2 Se 2013 09:11:03 -0400 To: David Stern Subject: Re: Term Sheet from Cantor Fitzgerald to Mr. T no predetermined split, and even then payments made only if they choose to? its crazy On Mon, Sep 2, 2013 at 9:04 AM, David Stem wrote: See attached term sheet from Howard to PA. I think madness. They are still at it. We kill it ? Begin forwarded message: From: Merkel, Stephen Sent: 30 August 2013 00:27 EFTA_R1_00431744 EFTA01959027 To: Charles Douglas; Libby Ferguson Subject: Term Sheet from Cantor Fitzgerald to Mr. T Charles and Libby Attached please find the draft term sheet. Please let me know when you would like to discuss it. Thank you Steve Merkel Sent from my BlackBerry 10 smartphone. From: Luffman, Jason Sent: Thursday, August 29, 2013 12:27 PM To: Merkel, Stephen Subject: CONFIDENTIAL: This e-mail, including its contents and attachments, if any, are confidential. If you are not the named recipient please notify the sender and immediately delete it. You may not disseminate, distribute, or forward this e- mail message or disclose its contents to anybody else. Copyright and any other intellectual property rights in its contents arc the sole property of Cantor Fitzgerald. E-mail transmission cannot be guaranteed to be secure or error-free. The sender therefore does not accept liability for any errors or omissions in the contents of this message which arise as a result of e-mail transmission. If verification is required please request a hard-copy version. Although we routinely screen for viruses, addressees should check this e-mail and any attachments for viruses. We make no representation or warranty as to the absence of viruses in this e-mail or any attachments. Please note that to ensure regulatory compliance and for the protection of our customers and business, we may monitor and read e-mails sent to and from our server(s). For further important information, please see htto: /A% ww.cantor.comilegal/statement EFTA_R1_00431745 EFTA01959028 The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to ice\ [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved ******* ****** ************************** ******************** The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any pan thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return c-mail or by c-mail to jeevacati n mail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved *** *********** **** ******** ********************************* The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return c-mail or by c-mail to [email protected], and EFTA_R1_00431746 EFTA01959029 destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_00431747 EFTA01959030