EFTA02678936

From: Eileen Alexanderson Sent: Wednesday, July 10, 2013 4:16 AM To: 'Jeffrey Epstein' Subject: Phaidon org structure Attachments: img - 709185617 -0001.pdf > New Phaidon Global LLC would buy Phaidon Press Inc. Okun said LLC is preferable to having an LLC (transparent vehicle) rather t=an a Corporate entity on top with PP UK and US side by side. UK entity wou=d pay taxes in UK. US Entity would pay taxes in US. Yet TBD whether Regan Media LLC interests would be owned by Phaidon Press l=c or Phaidon Global-checking on this. Consolidated financials would be pre=ared for Phaidon Global LLC. Phaidon UK and Phaidon US would be joint borrowers (as the entities with th= IP rights) with PPL borrowing in GBP, PPI borrowing in $. Phaidon Global =ould be guarantor. Original Message From: NY_730_11_XRX_COPYROOM Sent: Tuesday, July 09, 2013 6:56 PM To: Eileen Alexanderson Subject: Scan from a Xerox Color Please open the attached document. It was scanned and sent to you using a =erox Color. Number of Images: 2 Attachment File Type: PDF Device Name: NY_730_11_XRX_COPYROOM Device Location: For more information on Xerox products and solutions, please visit http://w=w.xerox.com/ This email and any files transmitted with it are confidential and intended solely for the person or entity to whom they are addressed and may contain confidential and/or privileged =material. Any review, retransmission, dissemination or =other use of, or taking of any action in reliance upon this information by persons or entities other than the intended =recipient is prohibited. If you have received this email in =error please contact the sender and delete the material from =any computer. Apollo Global Management, LLC =0 EFTA_R1_01980068 EFTA02678936