EFTA02481516

From: Ada Clapp < Sent: Thursday, November 5, 2015 10:22 PM To: Jeffrey E. Cc: Brad Wechsler Subject: Decanting Question Hi Jeffrey, We are planning to discuss the proposed decantings w=th the Trustees at our meeting later this month. I understand that y=u do not want to decant APO1's right to receive the GRAT remainders =o the new APO-01 Trust. I would like to understand why we are leaving this behind in APO1—just in case the Trustees ask= Thanks. Ada Clapp Chief Legal Officer Elysium Management LLC 445 Park Avenue Suite 1401 New York, New York 10022 This communication and any attachment is for the =ntended recipient(s) only and may contain information that is privileged, =onfidential and/or proprietary. If you are not the intended reci=ient, you are hereby notified that further dissemination of this communication and its attachments is prohibited.&nbs=; Please delete all copies of this communication and its attachments and n=tify me immediately that you have received them in error. Thank you.=nbsp; EFTA_R1_01597921 EFTA02481516 2 EFTA_R1_01597922 EFTA02481517