Team Meeting

Team Meeting Date I time: 2/20/2014 11:00 AM Location Type of meeting: All Hands Meeting Attendees: Eileen Alexanderson, Ada Clapp, Jeffrey Epstein, Richard Joslin, Thomas Turrin Agenda Items Topic: Presenter: 1. Art Purchases by Trustees/Narrows Team to discuss 2. Structure and Formation of Elysium Management LLC and new GP for Black Rich Family Partners, LP. 3. Decanting of 1997 Trust to APO2 Trust Ada/Alan 4. GRATs: Valuations, timing of GRAT No. 3 and annuity payments Ada/Alan 5. Roll-out Split Dollar Agreements Ada 6. TRA Amendments and BRH Agreements Rich 7. Insurance Analysis Rich 8. Current Financial Statements Eileen 9. Banking and Trading Accounts-JPM-DB Eileen 10. Sirius Form 1099 Rich 11. Tangible Personal Property Lists Rich 12. LDB 2011 LLC Restructuring and Installment Sale Ada/Alan 13. Art Use Agreements Ada/Alan 14. Investment Review (timber, other investment partnerships, etc.) Eileen EFTA00617748