From: Heather Gray

From: Heather Gray To: "Jeffrey Epstein ([email protected])" <[email protected]> Subject: consignment to Sotheby's Date: Tue, 21 Oct 2014 17:38:32 +0000 Attachments: Contribution_Agreement_-_Comells.docx; Narrows_Holdings_LLC_- Resolution_re_Cornells.docx; Narrows_Holdings_LLC.PDF; document_summary_- _ Sotheby's_consignment_agmnt.docx Dear Jeffrey, As we discussed about a week ago, Leon will transfer the two Joseph Cornell works that he currently owns in his individual name to Narrows Holdings LLC, so that all six works being consigned to Sotheby's are owned by and will be consigned by Narrows. Accordingly, attached for your review are the following documents: • Contribution Agreement by which Leon contributes the two Cornelis to Narrows Holdings LLC • Resolution by Consent of the Sole Member of Narrows Holdings LLC by which Narrows accepts the contribution of the Cornelis • Sotheby's Consignment Agreement • Summary of the consignment agreement. Please let me know if you have any questions or comments. I'll wait to hear from you before I send these documents over to Leon for signature. Best, Heather Heather Gray Elysium Management LLC New York, New York won Direct Dial: Fax: Email: EFTA01201608