From: "Jeffrey E." <jeevacation®gmail.com>

From: "Jeffrey E." <jeevacation®gmail.com> To: "Farkas, Andrew L." Subject: Re: American Yacht Harbor Date: Wed, 05 Jul 2017 12:07:26 +0000 i loved the fact that your former house is now used for servants. :);. feeling better I hope. On Wed, Jul 5, 2017 at 2:04 PM, Farkas, Andrew L. < wrote: Sent from my iPhone Begin forwarded message: From: "Mukamal, Thomas" < Date: July 4, 2017 at 11:51:31 AM EDT To: "Farkas, Andrew L." Subject: American Yacht Harbor Andrew — A brief update on AYH. We discussed with Rich Kahn that BP will not loan us the cash to make the proposed repairs we sent to our partner. I had asked Rich for a little more time as I wanted to get Tommy Decker back to AYH to see if we could value engineer a better and less costly solution. Tommy just left St. Thomas and anticipating some feedback shortly. In the meantime, AYH is performing nicely we are 14% ahead of budget as of June. We will for sure reach out to Rich Kahn as soon as I catch up with Tommy after the holiday and have a recommendation. Thanks, Tom Thomas Mukamal CEO Island Global Yachting Ltd. 717 5th Avenue, 18th Floor New York, New York 10022 EFTA01041505 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 affiliates. 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 Capital Group LLC or any of its affiliates, each of which requires a fully executed agreement to be received by Island Capital Group LLC or such affiliate. please note 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 JEE 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 [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA01041506