EFTA Document EFTA01441230

Deutsche Bank Pnvate Wealth Management i W 0 2.(2? ) (2? ( Limited Liability Qompany Account Authorization 8t Indennnity AccountNumber as Southern Hnancial, U.0 The undersigned henaby represents and warrants that he or.she Is the managing member in a limited liability company known hereinafter called the "Limiled Liability Company" or "UC," and hereby IN<ni<< ot Limitad Utbllitr Comiwiy) authorizes Deutsche Bank Securrties Inc. (referred to herein as "DBSI") to open a securities acoount for the Umitad Liability Company, to tie knovvn as the Account f A INgiUi) is/are hereby appointed agent(s) and attomeylsl-in-fact of the Limited L'lebillty Cbmpany (each an "Agent"). Each Agent Is authorized to buy. sell Oncluding short seqss) and trade in stocks, bonds and any other securities, listed or unlisted, an margin.or otherwise, ih said account in accordance with DBSi's terms and conditions end at tha LLC's risk. DBSI may conclusively assume that ell iactions taken and instructions given by each Agent have bean properly taken or given pursuant tl> authority vested in each Agent by all of the members in the LLC. DBSI is aotherized to follow the instiuctions of said Agent(s} in every respect concerning said account and to makoldelivery of securhies and payment of mongys to sakt Agefit(s) or as said Agent(s) may order and direct andio send said Agent(s) all repons, conlimiations and statements relating to said eccount. Each Agent Is hereby authorized to execute end deliver on behalf of the LLC a Customer Agreement, Stock Loan Agreement and any other agreement(s) or document(s) DBS) ntay require, and to act for the LtC In every respect concerning said account and to do all other thing's necessery or Incidental to the conduct jof saki account 1 This authorization and indemnity is In addition to, and in lio way limits or restricts, any rights which DBSI may have under eny other egreement or agreements with the undersigned, or epy of them, now existing or hereafter entered into, and is binding on the undersigned and their legal reprosentatives, successors and assigns. This authorization and Indemnity Is also s continuing one and shall remain In full force and effect and DBSI may continue to rely on this aiithorization until such time as it receives written notice of its termieatlon. No such termination sNil affect eny EFTA01441230 liability erising out of any transaction initiatdd prior td such termination.! The LLC, and each of its members, agrees (i) to Indemnify and hold DBSI harmtess trom all costs, expenses (including reasonable attorneys fees) and lialHljty related to nr itrising from disputes by or aoiong ony of the menibers with recoct to said account and (ii) to pay on demand any debit balance in said account Each of the undersigned agrees to advise DBSI in ynriting if he, she or any partner is, pr becomes, an employee or member of ainy securities exchange (cir eerpetation of whicn any oKchange owns a majorrtv of the capital stock), the Financiai Industry Regulatory Aotiiority, any broker-dealer, or Is, or becoroes, a senior officer.of any banK, savings and loan institution, insurance company, registered investment company, registered investment advisory firm or institution that purchases securitias, or is, or bnecomaa, a member of the ttnmediate family of such a person. Thte authorization and indemnity shall inure to the benefit of DBSI and its successors in business, irrespective of ony Change or changes of eny kind in the:personnel theoBof for any cause whatsoever. The undersigned has read and agrees to the terms of the aluthorizpli0i^^and indemnity bQjbis'rifm Signature of Managing'>^ember ^ Jeffrey Epstein Print Name Oeuische Banic Secudties Inc., a wbsidlwy Qt Deutsche Baiik AG, conducts investment banking and sacurities activities In lhs United States. LLCA 09-PWM.OieS OM •sx, (05/11) LUCA C06413.05ieil 7-3 K3 Date EFTA01441231 OPERATING AGBEBMENT OF SOOtHERW IfIl>iAWC!AI., LLC A,U.S. Viigiti laaftds LMitMLiabflify Comp"iy THIS pPeRATINiS .AQREEMINT (this "Agreemenf')' is made and ehtered; into as of febxviaiy 26, 2013, by Southern Tnist Gbmpany, 'Ihc, (hereinafter referred to as "Spfe.Meimber"), viath a business address is: 6100 Red JfooJc Quarter,' B3, St. Thojiias, OiS. Virgin lisJands 00802, and whioh hereby fomis Southisrn Fivahcial, LLCv a U.S. Virgiri Islands Liniited Liability Conipany (the "Gijmpariy*') pursuant to the US<< Virgin Islandis, Ui"ifortn tirt""" "Act") upon the following terms, mid cotiditioiw"" Coinpany Act (the SECriONI ORGANIZATION & FOBMATION A. Fpimation. llie Goinpany lias :been;oigainized as a U.S; Viiliii Islands Liniited Lmbility Coropany under and puisuant to the U,S; Virgin islands Litnited, Liability Gompany Act (the "Act") by thefiling of Articles: of Orgamzation C*Art(eles'!) with'the Offioe of fte Lie\itenarit Governor, oh February 25,.20i 3', as requireiti 6y the Act B. NamO; The name Of the Gomparij: shall be "Southern .'Fihancfel, LLC"; Tlie Contpariy upbn proper notice and filing with the OfGce of thft Lieutenant Gbvernor of the 0.8". Virgih Islands may cbiidtiet its business uncier one or more as'smned'names, C. Purposes. Thet ).urpose: ofthe Goitipajiy is to operate any'lai\vfiii toihcss"pr.to effectuate any piirpose pennitted, by the'law ofthis territory (ifthe ti;S. Virgiitlsiimdis. Tlie Compaiiy shall .have •all the powers necessaty or converiierit to fllTect aiiy purpose for which itiis formed, incliidirig all poweiis granted by flie Act p. Duration. The Compatiy shall contihtie in existence perpetiialiy, beginning on the date of filing of the Articles, unless termtrtateci'by law or dlssolyed aiid tCiTrtinated. E. IlegisfeiredDifice aiid R""ldent Agent.and Place of Business. The Registered pJSice find Ucsideiit Agent oftiie Gomjiany for service bf process SECTION I i CAPITAL STRtCTUjRErMElvrBERigHIP UNITS AN^ COWtRIBtJTrDNS/TRANSFiEfe0FME^^ A, Capital Contributibii by the Sole Member: Initialilssuahce. The Sple Methber's. ovAtetlship rights ih the Compainy shall be reflected in "M^bership Units",^ as recpided ito the Cbmpariy's liecords.. Upon the formation of the Cbml)any', the EFTA01441232 Sd(e'Metnber.sball;make a capital > . CQntribution tp^the capital oftiie Company in the amount of Cash, or of the ptoperty-in-ldnd, of: boi^^^ the territoiy sdall.bo: Business Basics VI, LLG, $100 fort of SalerMail, $uiUs 15, St. Thomas,m Virgin Islands 00802. TheCompany's prihcipal place pf feusineiss is 61100'Red Hook Quarter, B3^. St. Hionias, U,S, Virgin IsMds 00802 Or isuch other place or places as the SplerMeinbef may Hei^fter deterliiule; EFTA01441233 set forth opposite the Sole Usinbev'a name on the Schedule of Capiial Contributions atlached hereto. The Company shall theretipoii issue to (he Sole Member that number and class of Units so subscribed and coritiibuted for. The Sole Member, may make additiona! ciapitai conbibutioiis. at any time and in any amoimt that it'may' desii'e. I B. Tratisffer bf Membei"iip tliiits, The Sole Member may transfer aity or fall pfits Meiicibcrsiup Units to dny jiersbn or persons, at atiy' tilrtie and fiom time to time. Subject, to the provisions of this Siectiprj, the Sple'Member tnay assign its Membersltijp Interest in the Company in whoie of is pait, The asisignmeht ofa Members]ii{) Interest does npt itself entitle the assignee to participate! iri the nianageipiieht and af&irs ofthe; Gpin.pany .or to becoine a memiber. Such asisignee is oniy enfjtled to receive, to the extent assigned, the distribiitionS the aissigning Sole Metij"erf would otherwise be entitted to, aiid siich assignee shall.oniy Ijecbme tui aisSigpee of 'a MembershipTiit<3:est and not a substituteti mesfrtber. An assignee of ^a meraberstup interest shall be admitted as. a substitute membar and shal.J' be entitled to all the rights and'powers of the assignor only if all the members consent. If admitted, the substitutes member; has tb: the exterit assigned,- all of the ji^s and powciis, andis.suhject to all (if fhe restnctioh's aiid liabilities of the menlbws, C. No Interest: Ho Return of Capital. Capital eoritributions to the Gompany shiiil not.earn interest, except as otheryvise expressly - provided fof in this Agreement. Except as ptherv/ise prpvided iii this Agrccfinent, the Sble; Member shaH not be^ entitlfed tb withdraw, br tb receive a. retUiii of,' a capita) contribution or aiiy pDrtibn thcireof. SECTION ni CAPITAL ACCOUNT A. Capital Accbimt A capital accputit ("Capital Account") sball be maintained for the Sple iylembef,.and ajiy additional member in accordance wtli the provision, of this Article. I. Iticreasgs 'ill Capital Account The Capita] Account of the members, shall be uicreased by;. (a) The fair market value of the. members' initial capital cojitribution aiid any additipnal capital coiitributiops by the memberis tp the Company, If any prpperty, other than caish, its contributed to or distributed by the Cpihpaoy, thes EFTA01441234 adjustments to Capital Accounts required by Treasury Regulation Seciiph :L704-.I(b)(2)(iv)- (d),.(e)i (f) and (g)'and Section 1.704^ I(b)(4)(I) shall be made, (b) The inemberis' share of the iiicrease in the tax basis of Cpnipahy properfy, if any, arisingout of theriscapture ofany tax credit. (c) Allocations to the members of Profit, (d) ^ Company hiiiome or galn (tncludipg incotne and gaiji, exempt from inconie taxation) as provided under tliis .Agrpementj or otherwise 1 ^ Regulation Sectibh: 1.7044(b)(2)(iv), 1 3 EFTA01441235 decieased,by; to any pwvision Of this; Agi'eemetit (c) .Allocations to the:member.s of Lpss.# AhcP"ohstpthemCh"""" ^ Ijeduchons and net losses allpoated "^"'"rrU"Seductible nor properly n"embei's'sharcofCompany"cp"""""""" chargeable to Capital Accounts""Q"on Saction L704-2. «,e„».rfwlio*v»f*e«*oMh,...,">x<ab,* ^ Company. SECTION-IV .rested asSi"Slt""SitE" fiharsedtotheSoleiVleinbef. allocated credned or EFTA01441236 G. Bistributioitupoii Liquidationofthe Gbmpany. I. At the tcrxninatioh. of the eoimpany and after the iCpmpaiiy has satisfied or • provided fori -thi satisfaction of all the Gonipaily's debtS: arid other obligations, the Gompaiiy's assets will, be distributed irt;iwsh to the. Sole Member and any dissPeiated merabefs whOije ihtejt$ts havc hot been, previpo^^^ first, in discharge of their • respective capital ihteirests; and fliehy h'i:f rbporti'pn.tp the. Methl'jershipiUtuts, 2. ifthe Cpinpahy lacki sufficient assets tp make the. di'stribiitions' described in the .foregoing paragraph, the CompaDy v/ill mfikedistribititions inproportion to theambunt of ihe,resp,ective'.6Bji>ital imei-est .pfthe Sole :Meihber and anj' dissociated .members whose mterests.have not. beeri pi^vipusly tedeem^^ SECTION V • IVIA.NABEKiENtOFIBUSINESS ' A. In General.- The Gbmpany slmll be-manager-managed. Jefftey Epstein shall be the initial inariageT of the Company.. The miuiag^f shall manage thfe business atid affairs of the Cbippany and shall have full anid coniplete authority, power and dlsGrelipn- to do aU things liecessary or cottvenient to manage, opiitrol and citrry Out the bniirtess, aiffairs and. properties .of tive Cpmpanyi to make alt decisions ieg^diiig: those .matteis^a^^ to perforni aiiy and all .other acts or activities custpfriary or iiicident to the inaiiageiniantiGf the Gonfpafiy's busiiiiessi B. Vbtinp! of IVlemb'ersljilp Units. jA Membership Unit is entitled :tp be voted oiily if It is owned by a'member and each such Mishb^ship Uii shall .bis, eiitified to cne vote. Neither aii assigiice nor a transferee may. vote a {yienfibei;s%. Utiit urilesS's,uch assignee or-transferee is' admitted as a meniber. SECflONVI FACULPATION OF LIABILITV; INBEMNIFICA'HQK A. Exculpation of LiabijitVi Unless, otiierwise, provided by 'law or expressly assumed, the, Sole Mernber shall not beperspnally liable for flie aots,4ebt&oi:, liabilities of tlieiCbrnpaiiyi ij , indermiitleatibh, I. Except as otherwise proviefed in tliis Section, the.;CQmpany .shall indemiiily the mianager" of ^(he Gompany and may uidemnify any employee or agetit of the Company who EFTA01441237 was: bt is. a pcttty pi' is' threatened tp be made; a party to a threatened^ pending or cpmplpted. actioii, suit br prpecedkgi whedier civil„ oriitjivali administrative, or investigative, and whether foiirial Pt infpirinali bthct than an ;actioh by br in thg right of Company., by reaspn ofthe fact diat suph persb&is or was a metrib.eT, e;mplpye.e of agpiit pif^the.rCoiiiipaiiy against expenses (ijiel'udiiig attpriieys' fees), j.udgmeintsi penalties, fides: and amolintS/paid in. se.ttlem6rit actually and.reasoh'ably IneuiTCd by such ;persbn in connectioh' •yyith the aptjoh', siiit Of prpcecdihg, ifthe person acted in good faitl^, witli the cai-e an ordinarily prudent EFTA01441238 peisori in oliike ppsitioii; wodd exercise iipd^ artd in a ipianner that such person reasonably heliijved-tG be iij the Gpmpany aiad with respect tp a crirninal action or proceeding, if such to believe such person'is condtict was Uiilawiul. 2. To the extent that aily .managet', Tipahy has been Successfiil on the nlerite pr proceeding pr in defense, of any cl&irnj proceeding, ;sucii person shall be indemnified agajii?t ineliiding attorneys' fees, ihoiirred by such pei^bh proceeding and any action, suit or proceeding provided herejln. 3. Any indemnification court, shall be ni.adiJ upOii a. determination because the person; to he iSnd ijpon an evaluatipn pf the reffijonabl'eness settleitient jiiis detentupatipri and evaluation shajl members who ate hot parlies or threatened to be made prociee^ing (except in the, eVeht that tliere ai* no meiribei's eveiit' the detenniriatioa and evaluation of w^^^ not Jefeey Bpstfiin, thoiactibii, suit or prpcecdlng). SECtlOfiiVH LIOTJIDAkON Tlic Cbmpany shall be aflairi!,; upon Jhe. detenninatiPn of the Sole SECTIGNVIII MISCELLANEOUS PROVISIONS • A. j?ectii;)ft.Headmg5. tliis Agreement have been iiisertcd oidy as a matter member, similar isiiOunistances, best, interests of the perspn had-ho reasonable cauise emplpyee or agent of dipGd/- pr otherwise in defense of ah action;, issue or other matter in the actipn, suit br actual aJid.reasbnahlP expensesj in connection brought with ttie action, stiit or suit tp enforce the ms^idatbty indcmnlfipatiPn peiinitted'under by :the Gompany onily this Section, unless prdefcd by a. as that the- indemriificatipni iiideDaiifted has met iha shall authoriized in the specific case is-prbper under the circumstances' ajipUcable ;standard of co;iduct. .of expenses aiid ainounts paid in be liiside by a liifjjprity vote pf the piarties'tp .the action, suit, or other than be made by the Sple Membef* ;ih: v^tiich- the Sple Memh^r, regiffdiess is a paity or .ilueatehed. to be hiade a party to :d1s3olvedi- and shall terminate and Wild up its; Member The to do.So,. Secdippheadings df and riuriibeis cahlairiedjfi cpnyenienice ,and tor reference, arid in EFTA01441239 do 'Way shall be constlrued to define, liniit'0!:des.61,ibc the scope or int^^t.of any ptpvision Qf ti^s Agt-eement B. Severability. The inyalidity .or uiieilfprceabilify of any particular Agt'ecmentshail not affe.tt the. other prpyisipns herepi'j and this Agieement shall be'construed in all respects as if such invalid or .vuiehfbtcetibie prp Visidiis were omitted. Ci 'AtPef>dment. This Agreertientmay bp ameiided or revoked atany tune, in •writing, vrith the cpnsent of thp. Sole Member.: No change or modifioatidii to tlils- Agi'eement sliall b.e valid unless' lij.ViTitmg and signed by the iSole ^^^ertibei•, EFTA01441240 p. Binding Effect Subject to the provisioiis ofdils Agreemetitrdatbg to transferability, this Agteeitieiit Will be biiiduig; upon andshall ihute to the benefit of the parties, and tkeir I'espective distributees, heii'S, successprs and tissifiJis. I E. Governing Law. Regardless of the place where this A.greement may be executed by the Sole Metnber, iht rights and pbligatioJis bf the Sole Member, aiid any cla{m,s and dispiitcff relating thereto, shall lie subject to and governed by, and constnied and enforced in accordaticP •witli the laws ofthe Territo;fy pfthe U.S.Virgih:r.siands, IN M^ITHNESS WHEREOF, the Sole Member makes and executes' this Operating Agreement on' die day aiid year first writien above. WFIMESSmH: By: SOUntBl^N TRUST COMPyWJyrlrai^ By; / fefft-py E. Ep.steii>KPre5id^t t I EFTA01441241 •^^14'rrAR:f ICLHS OF ORGANIZATION SOm'HERW H'N; AMCtAl, ILC KS 11\ following Articles pt Ovganizatibn fpr such limitsd iiabiiity company.; NAME, ADPUESS AKD PRINCIPAL Oft^ICE, N.auie and .Address i . Tlie..lisnie and address of the lijnilieri, Itrtbillh- conipany .".-hall be'Spulheiw Firianclal, LLC. (the "Gpmpany"), 9100 Port of Sale MaU,'$uit«' 15. gt.'. ThpriVas, U.S. tfi.rgiin Isfands 00801 the physical add ress and mailbg address pf the Company-are 9K> feamfe. I'rincipaii Office 2, The principal pffii:e and p9rmiaiieil\l 'adchess lev. iihe transticllon of businfe^s ofSfie 0)nipaiiy shall bp. the address stated in Farauii-aph 1 DI these Articles as the .physiba-I aiddi tfilS Of cre Rfj8idei\t Ageni and Off ice • • i i;p -n. w .Z. The;mailing address Of die Coi-npany's-iiiitiiU vi^sifiiiated office is 9100 1?p.r.11t1/Sii;lt» Mii)l,:S IPi St. l'hpm^, U.S. Virgin Island-slji^^^^^ The physical addi'ftsJs of the eompany's iiii-tis: dtsigjiatRd office i.s 9100 '170,1:1 pf •S'aie: W.n;li, Sitife 15, St.. lilipnias, US, Virgin Islandsi00802. nie-name of it.'j. initia I resident agent at:s.iich atiiircss, is Busuieii^ Basics VLLLC: The- busimisS addres.'J of the resideiit agent: ar.c the addri'ss of fho. desLgmUed .office are idunticai. ARTICLE TWO PURPOSE '1"hopuImpose for which the Company io tu'gciniaed is!o angage ili.any and tvlt lawful-business fpr •vvhich a linrLted lialiifll.ly tompany ihay be Prganiztid under the Dniform Linufed. Liabiility Coialpany Aet fii.H-1 the olluu" ltWi%">f fli^ U.5i Virj?,ir!' ;siciivd.s.. EFTA01441242 Mie fbrcBOiftg iparagraph shall be cpJAstTuetf as eaumeratiiig- botli bbjeci'8 and purposes of this Cpmpaiiy, and it; is hei-oby expressly pi^oviaed fliat the fPrftgomg iniiinertttion of specific pili'poses SI-UJU not-be hPld to limit or restnct in any manner iiie'; pui- postic: of this' Companyothewise pernutted by la'w. AKTICLKTIIREE DURATION ANfb CONTINUITY The pejriod ofduratipn o.fili'us Gornpany ^shaB be peipelnflj. .IsJo meniber ehall.hailo the'power to dissolve the Gompany fey Ids or her iiidepeiideiit act of aity kind, AUTICLKFOIM dllGAMZER The name :and address of the org-aViiz,er of tlu.s GPmpfiny is; GrpgJ. Pergtison 0 " hi . vil Mailing Address; 91( 'IthOfnaSi US, Virgfiv Islands 00802 Physicial Adihess: 9100 Pbi't .of Thomas, US. Virgm Islaxids 00802 A-RThCtEFIVE MANAGEMENT • •.ITD MW 1 • ...rr r • r • A • • ARTICLEiSEVEN LIMITATION QE LIABILITY No inanager pf the Company shall be liiihlp tP the. Company or itis inembers for monetary daiiiages for an aet- of .an oiTdssion in stich manag^rtie capadty as a .itieKiber, except for Ijiability of a maiiagflr fpr (x) a ljreach.^of a inanager% dwty of Ipyatty to the EFTA01441243 Gompaiiy of its meinbers, (il) aii. act of omission, not In gooci faiitlii that cpitistitules a. breach of duty of a manager to die Cpnijiany pr an act or piniB.siPn that involves intentional ijiiscondiipt or a Jcnp^fkig 'viplatiPn of the faiv, (iii) a trailaactlory from, which a itnanage.r received an impioper bepefit, whether or not the benpflt festilt.ed fooin an aqtion taken'within tlig, scope of the mailiager'^'B posil'iQi.'i, ov (iv) m act or oinisSlpn for wWdh the liabilily of a manager is expf^ssly provided fot by on appheablp t I I I the Company shaJl be ihansger-managed. The izdtiiEil liianager of the Company shall fae Jeffrey Epatein.fhe physicaland'jnaiJing.address of the mitial m Sale Mall, Suite 15, St."riipmas,tJ.Si-Vir^^^^ ARTICLfiSIX CAPITAL Tlie Cbmpany aliall begin busjineiBS with capital hi the amount of One Thoiisand Ihuted States pPUays(tJS $1,000.00). .r^ Mailing Address; 9100 Port of Sal.e :^all>r^aii-«^>^ m ito?iaj St. rn o 5j ite-'-1S? EFTA01441244 slatiile. If the Uniform rjmil-ed Liability Cpmpany Act or other applicable law is: ainended to authorize aciion furdier eliiniirafing or Hniilfiig the liability 01 managers, dien the lijibilily of any manager of the Company shall be elinuinat"d or limifed tp the fullest extelit permitted by the Uniform Limited Liability Company Act or other applicable law, as sb ariiendied. Any repeal dr modification of the foregoing paragraph by the liiiembej-s sliall npt adveraely affect nny right Pr protection of any manager existing at the time of such repijal or niodification. ARTICLE BlCJI"r MEMBER LIABILH-Y No member of the Cornpany shall be liable for the debts and obligations of the Cbmpany under Section 1303, Subsection (c) of the UnifPrrn Limited Liability Compaiiy Act ARTICLENINE SEVERAHILITY If any phrase, dause, ."entjence, pamgraph, or proviaion of these Articles of Ckgianlzatlon is held to be void pt illegal, tlien it shall not impair Or jiffect the ihalance pfi"thesgeAxticles, and the undersigned Orgaruzer of the Company does hereby dedare that he wpnll - 31;ha"'^^«iglled and executed the balance of these Articles without such void ov illegal pfpvisions.""j p "0 -<1 ,i-ri 3 Hi C3. 0 ..:) to [signature page fbllows] EFTA01441245 IN WITNESS WI-IEREOF, the uiidfti'Bigned;p"!rson has hereunto set liiij hand a.*! Orgaiiiicr of Uie Company diist.25fh.day of Febi'uary, '2013. •Qfeg J, FeigBsoii -Tl IN'Ttil2 TERRITORY OP THE UNrreDSTA'HSVIKGlN ISLANDS UNITED STATESOF AMERICA ) ? S -['.TJ Y'y /NJ o S BEFORE ME, the undeisigned authority, on this 251h .day of l'ebivaili 2015^ appeared Gi-eg J. Ferguson, •who, being by me fii-st duly sworn!, declared tiiall1t696-fferson who .signed tiie foregoing docHtiient as fl'ip Organizer of the Conipany andf.!Siatl3fie ^ifcDtismentg contained In these Articles of Oriniiiiaadon are.lfue. •f —^..v v^^-!:!.>"'"..^,..v,ya .;. sees/ Notary Public ii\ and fof the Tellitory of the United States yirgin: Islands • My commission expires; UrintA,(flarir Kulaiy1>iailicil<il-I!4-I.1. $0,'Uwii»rsi.Johk,USV1 My Commiiitlm E^ijtnfi.11tcciB1Ht 21.7015 z's -C EFTA01441246 PORN - RACA12 1H( UNi)r:OSMiKe.;sr.:r.lsi<dor,OFFICE OF TIHE LIEUTENANT GOVERNOR DIVISION OF CORPORATION." ANO TBADEMAjjKS RESIDENT AGENT FORM CONSENT OF AG.ENT FOR SERVtCE OF PROCISS TIMS willing wifdesseth thai t, the undeiagnis'd BLisi,":-ss Basics VI,-LLC hclvloQ k>een deslgnotGd; by Southern Rviaiic--3k LLC m residuPl ogenl of said compony, upbo whon'; agivJcie of process may be mode in dll stills aiislno agoii'isl sold icbmpany to flie Cowtsi-ol Hie U,n':73d Stales Virgin Istgnds, do hereby consent to. aet 05. such ogoni onej iMcit service; pl process .1iiqy fa*i rnqde ofipn ine. ih accorclance wlft" title 13, Virgin Islonds Code. IN WITNF.SS WHEREOF, I tiqve tiereunlP' sev .Tly signature this rebi'umy 20.1:3 .2:5 th day o( 0 0 roraAte.' iwnEii rfNAiiVionvi^jURy; UNDiH iHcMWs;or nic.iiiiliva HAIIS yiroiK IHANOS; AdsiArEMCNiii CONIAWED IM msrA"H"'"!"' "H" ACi"oMoAMHUic i>ocuM»<a,:AKE'inif ANU cciiiMCT, vAHi-)«ii,Ksowiuse iKAT Ml. tlMCMfrtn UMil IM IHIS AcrucwioM An sunlci tdjlAcin^^QM AliP IHAI ANV FAIU OB DltiiONiSUNSWEIl.tO ANV QUESTION UAVM GtpWfit rOB SENIAt OD tU«t(()U(NI t^y"CAVUMfit it^HtKIK1H. cri < ^ ' - 5IPNATUf!5 oi- fjESlDEiapAOatt?-Z3 DAYTIMt; COMTACT: NUMBER MAILIN'G AODRESS, PHYSICAL ADDftESS CMAIL ADDRESS 340.77a2664 91-00 Port Qf Sale Ui -r-lSte 1-5. .St.. Thomas. WOOSOZ 9.10D::Poit of Sale Mall, Ste 15'. St. Tl^iomas, VI (>0802 bgeaFy@l<fflcla\v."6iii NOTARYAGK1M0WiEpGEMgNir '•(15.V;'.'1-". .Subscribed q.op swoin lo bofore me Ihis. .SXi"..." fioy j5iJIIIba5:i!S& (ireti A. Ci'afy .Si.11.»mi...S1.1."t!'V".f. .My C'»minlni*n l!„to:.IX«n.Vr«..111U EFTA01441247 frty'Cbrnij\t>^onip)tplr“ ..i^iAii^Ui:-; - X 1 -t>=M r<S-.—^i..-> l'^ EFTA01441248 GOVERNMENT OF THE ymam .ISLANDS- OF THE -OCHAi^LOTTE AMALIE, St. tHOMAS, VI00802 -OF'F'ICE OF TH.E L,IE€TENA.NT GOV.ERNO:R CERTfflCATE OiF^EXISTENGE To WhoH] These Presents Shall Cpi-ne; I, GREGORY ,R. FRANCIS, Lieufehant Govenior of the Virgin. Islands/dp heiyby certify: That SO.UtHERN'FINANCIAL, LI.0 filed Artieies of. Organization with the OfFice ofthe Liieutenant Governpi: on February 25 s 2013 and the Cpmpany is duly oiiganized under the laws ofthe United States Virgin Islands; Thaf the durcifionpf fhix Limited Lidbiliiy Company is-perpetual: Thai the company has paid ali applicable fees to date; and Thcit Articles of Termination have not been iRled by the company. In Witness Whereof, 1 have Hereunto set my band and affix the seal , of the Govemment of the United States Viigiii Islands, at Gharlotte AiiialiP, this 25 1" day of June, A-i;). 20.13. Gsmmy R. FRANCIS Licutciiant Governor of the Virgin Inlands STATES EFTA01441249 THE UniIKO STAlES ViRGiH ISIAMDS OFFICE OF THE LIEUTENANT GOVERNOR D1VISIOW OF CORPORATIONS AND TRADEMARKS 5049 Kongens Gade Ctiarlolie Amalle, virgin Islands 00802 Phone-3^0.776.8515 Fax-340.776,4Al2 lia$,Kin9Stn3<31 CHiislionsied. Virgin islands 00820 Phone - 340.773.6449 Fax-340.773.0330 June 25, 20] 3 CERTiF1CATIQN .QF GOOD STANDING This is to certify that the corporation known ds SOUTHERN TRUST COMPANY, INC. FORftflERLY: FINANCIAL INFOMAI1GS, INC. filed Articles of 1 jncorporation office of the Lieutenant Governor on NOVEMBER 18, 2011 that a Certifi'c.ate of Incorporation was issued by the Lieutenant Governor on DECEMBER 8/ 2011 authorizing the said corporation to .Conduct business in the Virgin Islands and the co.rpofation is considered to be in. good standing Denise Johannes Director, Division of Corporation and Trademarks pJ/gg EFTA01441250 Qo.vp fio . 583164 ®F THE WMITE© STATES I, GREGORY R, IpRANC1SyLieuteiiunt G.oveviiorofliie Virgin Islrinds do hereby certily tiiat lain, by vir'tii.e of the la\y.sof the Virgin islaiids-, the eu.stodian.of tiic corpotiite retoixls and the proper officer to cjteciite this ccniricate. Thiilher ceitify tli/if'ihereconi.s of thi.s office di.sclasc that SOUTHERN PIN ANCI Alyv LLC Limited Uability Coniiimty WHS duly regisceffed. to conduct bu.sine.ss; in the Teiritory on February 25, 2013 niicl has a legal existence lus fl I.irriUwt Liabilily Coirtpany &o far as the >PC0KI. 1! of thi.s olfice show. • Witness :iuy hancl and the seal of tho GovChiincjvi of the Virgin Islnndij of the United States, i>1 Chtirl'otte Annifie„Sl. Tlion)a.s, tjiiis 271h day of February, 2013. GREGORY r.c. FRANCIS Lieutenant Governor ofthe Virgin-isUmds EFTA01441251 miRs PEPT^TMENT OK THE TREASURE INTERNAL 'REVpNlffi SERVICE G1KCINNATI OH 45999-0023 X>ai.e of this nbtiice: 02-28-2013 .Ettiployer. Ideiiti'flcatlon Niiniber: 66-0799192 EOBil: SS-i. Number bf thi s noti'cie: CP 575 G SOOTHERN FINANCIAL. LLC % SOUTHERN TRUIST COMPANY ,INC 90LE M 9100 PORT OF SALE MALL STE IS ST THOMAS, vr 00802 Por assistance you. may call us at;: i-800-iS29-4933 IP Y00 WRITE, ATTACH THE STUB At TiiiE END OP THIS' NOTICE. WB ASSISNEIS •^6tj AN 'mEtOYER IDENTIEICATION ITO^ EIN ^6-079919'2. Tlii& -EIN v>Hl Ictentiey'ydu„ your buaineaB acoounta , :tax retUifnfi, and documents, even i f you have no employees. Pjease keep this notice in your pentianent records. Thank you for" app.iyliig for an Empioyer Jdentif JicdCion Number (EiN). 'We assigned you When filing, tax documents, pa'yments, and reiated correspohdenoa, i t is very important that you use your BIN and cornplete name and address exactly as Shown abova. Any variation may- cause a delay in processing, result in incorrect inforjnation in your, ficcount„ or eyen, cciuse you to be assigned more than -one EIN. I f the information, is not correct as shown above, piease make the" correction using the attached tear off stub and retum i t to ua. A I'lttilted liabilit y coit^iny (LLC) may fil a Porm .B'832,. Entity pl^Bei fication EJ$ctioni and elect to be olasstfifed as -an. association t;a?cE»bie. as a corporat;i.- 6n.. I f the litq Ag eligible td be treated as 'A. eorporation that nieet-s certain testd .and' i t wil l be electing S corporation at?itus, i t must timely fii e Form 2553, Siection by a Small Rainess Oorporation, The LLC wil 1 bei %'reated; as- a coiporiatioh as of the effective date of the S corporation election and does hot nged to fil e Pbifm 8832., TO obtain tax forma and publications, inciuding those referenced in this notice„ visi t our Web site at www.irs.gov. Ifyou do .not ha-ve access to tho Internet, call 1-800-829-3676 (TTy/TDD 1-800-829-4059) or visic-your local IRS office. IMPORTANT SBMiNDBRS: EFTA01441252 * Keep a c6py of this notice in your permanent recOtds. Thia notica is issued only ona tiroe and the XAS wil l not be able to ganera,te a duplicate eopy £or you. You nay give a Ciapy' dt this document to anyone asking fbr- proof of. yiaur- EIN. * Use this. SIN and your name exactly as chey .appear at .thfe top of this nptlee on al 1 . your federal tax forms,. * Refer to this 61N on your tax-relat:ed cOrrcspondenee' dnd dQeumenta. I f you have questlona atoout your EIN,. you can call us at the jphone number or write to UB at -the address ahown. at -the top of this nQtice.,. I f you write, please tear oft the stub at the bottom of -this notice and send i t along with your letter. I f you do not need to write us, do not compiete and 'retiiw the stub Your ngme control- associated with this EIN is SOOT. You wil l need: to provide this infonnation, aipng with your. E;iN, i f you file, your returns electronicaliy. Thank you for your. coopierat;ion. EFTA01441253 eONSENT OF THE BOARD OTD • ' • SOiitHERN TRUST (X>MPAW INC. The undersigned, being aD pif the Directore of Southein Tmist dompiny,.Inc., a U.S. Virgin Islands Coqporsitiori f'the Cbtjjoratiori",' hereby cettily .that jtHe following respludohs were tihankriouisly'adopted apd entered into by ithe. Board of OVcctbrs on we I9*i day of M W1TN?:$SiETH: WHER£A3i the Coiijoradon is a corporation organized and existing under the laws of the U.S. "Viigih.Islands;"- -WHEREAS, the Boiard 6fpiieectois« • .i-JefiErey,Epstieitf -i. • • I"afren-FL'iindyke ' -jRichatd Kiihii WHERJEAS, the undersighed, beirig aH of the directors df the Cptpotadoini'- corisent to th? tddng of the foilowing actiohs iri Ueu'6f a olecitirig of. the Bbiad .of Diiectors in'a'Gc<>tdaace• Cotpoiadori Law of die United Sates Virgin lislinds (the "GCL") and waive any.nptice to be given-in connectibn .with the meWingipuilsuant to the G WHEREAS, Financial Trust Coinpany, Inci, a cotporarion organized and exisijilig..ufider the laws of the United States. Viigih Islands .("FTG"), is the sole ;shai;eHoldet ,pf Jeepers,; loc., a- .cotporation or"jiized'. and existing under the laws of the United States Virgiri Islands ("Jeepers"), which has elected to be taxed as a.qualified subchapter s, subsidiary; • , 'of the issued and;putstah"g she of Je"ers,. &ec; add; ckax of all Uensi ddmsiihd'-e" "Jeepers Interese"), such that Epstein shall bdcoflic WH-ERiEASj Epsteiri is also the soU WHEI"AS, die Gorporation is. the-sofe menQjbet .of Sdu"em Finanqaii IXC, a United States Virgin Islands liriiited liabihty conipany organized pin Febm WHiERiAS, the Board of Directors bf PTC fhaj; deteccriined diat if is in tihe b"st iriterests of FTG andVite -sole .shajrehpld" to-incrge. .FTC into 5F,-ripon;ithe,:cpmp siirrdvihg entity pf"aid-tnergM SF.>shaill be the • • •V;' .vSIMiEREAiS, .the Board of Ditectbis pf, FTG: dfct"ririiried that^ is iti the best inteiests of the EFTA01441254 eotpotariori.and its. sole, shareholder, Jeffrey E. Eps.teiri ("Epstein"), to transfer aid- distribute to Epstein all EFTA01441255 : WHEREAS ; ;it is :iriterided that the Mefger'-be efteetuated uppri, iri aci^ordance with,' and subject to,' th;e:proATsipns:<^ A^<:crrient. and iPlai^ of Metgep in:the . also beeri appiwjTC annexed as-Exhibit "A" h^^ WH'EKEAS. ' ih cpii^^ Merger Agreement, Epkciij is to suttcnder for caoeellattori tCp thousand^ (10,000) shares of die Gommon Stock df FTC, representing aU of the issued and Qutstiading.sWes .ptFrG's Gdinmofr arid outstariding shares held by Epstein, and in corisiderahpin of ITC's iricrg^^^ and all of such issued into SF, die wholly owned subsidiaiy of the Cpipbtatipn, and the t assets ,to SF % bpfctadpfl o as a' result of such Meigiet, .the Gbrporafion is to issue an additipnal xea diousand (10,000) shates of its Common :Stp<i, $.0i parvalufe,(&^^^ IWMBRiEASj .the Bpaidvof Directors/ and in the best interests of the Coiporalibn and of Epstein, as the sole shareholder of the Gorporation, that the Merger be 1 corisumriiated upon, in iaccOrdariCe -TO Agreemeht, and that in cormection therewith, the Gorpoiatiba issiue the Addidonal iShares to Epstein; NOW THEREFORE BE IT : RES0tV^1Dj that] after cPrisumittatiori by FTC of its issuiance to Epstein of the Jeepcirsetrite^^^ die Merger, iipph, ih aecordarice with, and suliject tb,.di.e .terms .arid and',itis'herd3y;;^(uthotozed,and-app£pVed;-^ , 5 ",;"-L' •• .WSSOLS^Dj'ihatitis i^ ^ 368(a)(1)(A) of die Internal Revenue.Cpde; , , . -,, • • ,, • RES0i^VED, Aat the fptth arid ' adoptedand'approvcdp" .RESOLyEDj iri cohriectioriiwith thie;I^1^^^ Agreeriient, the Goiparatiori issue the Addihpnail Shareis to^"J"^^^ RESOtVED, that; the President of the Go^prad^ .and; directed, Jfprrand on bdtialf. of .tlie GpEporatio0,-.t6t«e execute arid -file iwirh the Office of the Lieutenant Goyeicnor oif the iUnited States Viirg^n Is'lttijds Articles of Merget in fptm arid suhstarii^ that has b compliant with'the reCjuirerrierits of the GCL and rieceSSafy or apipropriite iri order to effechiate Merg'eif' iri accprdance widi the provision RESOIiVED, diat the bfficers o f die .CofpotaUon be, and each of theni hereby is, iaiuthomed, ernpbwererd and directed for and on bejhalf pf the Cp^bratdon, to executciaiidideliver all such agfeerii^titsi . • EFTA01441256 dodtoerits :aiid instruments, tp:pay all su(icosts,:feesiraridi"ienses,:and officisr deeriis necessaty pf the Merger .AgreCrhfent. in ordler tpicOtisumrhafe die Merger i ^ acCofdiance .-.,.:': siiacb other action as such the jiitb" i"- 1-. -;- • • 0- •' Agreernent, be • • the provisions of the Merger which has: EFTA01441257 This consent shall be filed with the Minutes of the proceedings of the Board of Diiectors of the Coiporation. IN WITNESS WHEREOF, the undersigned has executed this Resoludon as thejirectors of Fbandal Ttust Company, Inc., on this 19* day of March, 2013^ Jeffirey El 1"..1stcinr^ ^ Darren K Indyke Richard Kahn EFTA01441258 Tur. » ^^^SENTOF BOARD OF DfRECTORS Of • - 1^^^'^^'Consenureasfo^^^ Jfefirey Epstein pawen Indyke HSch^rd Kahn " November M •Vil , r ""'*'^"°ns-takcn'^t^ V •• ' v EFTA01441259 Corporation until the hext;mecting'of direcfpts of ithe .Corporation inimediately fpUoNying the ncix t. annual . meeting,;Qf thc'st0c.kholders:bf the Cprporadon and undFhis sticcessor shall have been duly elected and shall .. . 666. . 1 -6 jef&ey Epstein, President And it is huther empoweied .and directed to pro RESOLVED, that the pfficers of the Cofporation Be, iind each of thcm hcrtby is authcrized, i . all books of accpunt, stock books and other materials, and, supplies . . necessaty or appropriate in conhection with maintairiing..:the:ie(:ords and conducting the business of the CpcijoraBori, and to pay all dpsts'aridiexpehsesiand.to ifiakie full.rcimbutseriicnt for ail expendimres made in connection with thie otganizfldon bfthe Cpipp RESOLVED; tha t die splecimen of stock cettiiicare to evidence shares of thi: Comnion Stock. par valuf of ;O1 (the "CpxTUTion Stpck"),.of the CorporaCibn in the form submitted cp die undersigned, which is .to be •fiied with this Cbnsent, be-and; the same hereby is, approved and adopted; and (he President, the'Vice, Pifesident, the; Sedretaty-arid/or any other, OfFicers ai"tbociiSed by; the: By-laws pf. cKe Corporafloij ,be,.atid each of them hereby is, authorized to issue certjlicates in such^ for shares of fully, paid and non--' assessable Cotiim;bri Stock when the issuance thereof is du'ljri authori^isd by the Board Pf biitectPri5--of the ..Cocdotaiipni.ah&itis fijrdier ^ • • ; ^ •• " RESOLED,- iihatithe C'oifporadpnvaGcept the subscrijption of J'effreyE. Epistcin fof i..l0,0G0 shares : of Common Stock, upon the terms and: Cpndiuoris cohtairied in the subscription agreement,; dared as of November 18, 2011 of Jeffrey E- Epstein, a copy of •which shall be fded With the:'6ffidal'records ofthe • . CorporStipn;iand.it-is futther . RESOLVED, that the 'Vice President irid the Treasurer of'the Corporation be, and ;each .of them hereby is, authorised and directed to issue, on behalf of the Cogiocation, to Jeffrey E. Epsrcin, a .tertificate for 10,000 shares of die Corhriion StcK:k; and it is further RESOL'VpP) thai ill ofthe t0,000 shates pif the Commbn Stock as authorized for issuance by,thc immediately precedingiiresblutiSsn 'shall be in: aQ respicciis, wheri- issuedJas aforesaid,:validly issued„ fully paid' EFTA01441260 . and non-assessablc;:and,it is farther.:';.. RESOLVED, .thatithe seal, animprcssidn of which appears in the margin of t the .same:hercby is: adopted as the seal of the Corporatibn; and it is^^^^ ..". Z: • ' -•'be,and^ • ::; RESOLVED,: that.the corpotate;record book:and the'stPck: transferiledget thereof,- be andieach of the. sa"ne hereby is, adopted as the record book and stptk transfer ledger, respectively, of the Cociporaiibn; '.anditis--fui:ther.:! ' - ' RESOLVED, that,: with.respect to tii6 opening, thairitaining :and closing of bisnk accbunts of the Cbrjidratiori, 'the Prfesidcht,'arty Vice Presidie.nt, the Treasurer .and the Secrctaty .of the Gorporation; be; and each of them hereby is, authorized as follows: ' Darreti Indyke, Vice Pfiesident and Secretaty Richard Kahn, Tieasuiet EFTA01441261 . I . Ib designale one or inorc banks, trust companies or other.siriilat insti.aitions as depositories of . the-fimds, .including, wthdut helm' .2.1 .TQ.open, keep flnd.clbse:generiil and spedal bank accounts, iricl- uditig getieril.depokit accounts, ".1-payroU"ccoliahts'a 3: • ' To cause ip-be depoated sOch-accb" funds, phdudiiigi withoui:litriitation,-cas" caish equivalei'its. ioif ..the, Corporatiohi as such - officers deem necessary- or advisable, and to desighate or change the dcsigiiadon of the officer or oifficers and agents of the Corpbrarion .who will be authorized to. mal?e such deposits and to . endorse such checks, drafts or.other ins.truihentS; for such deposits; '4. From time to time to designate or change the designadon of :the officer ibr officers and agent or ; agents.of the Cprporadon. who. will be guthgri"" - ofders'"for ithe payrhcnK bf nioney issued; in the 'rariie.of the Cotppradon against atiy fiihds - • • 5:' TO authorize the us.e:df faJcsiirtile signShiteS-^ diei signing .ibr cbuhCemghing of checks • drafts or. , - . :. other orders for the payment bf ragoey„ arid-.to enter into such ugrcerrtent.s aS bankt.>,;arid;.rrus.t companies customarily require as a;condition, for perniitring the use of fac,sinule,sign.aiu""" 6. Tp make such general and spedal'rules and regulations uith respect to such accoun t.s a.'; they . may deem necessaty or advisable; and , •J. To complete,'e.xecute .and/or cerdfy, any cus.tbinaty printed blank sigiiature.:card forms in order". .; tb; con"vcniieridy-exercise the ^a^^ ':.,v,' , • ;:• ^-.ishallbie (kemeda^ •Ii^t&ESOL^Dv that-^ authorised 'i:p p^ep?>re and certify as;the resolutions of fhe .Board of Directors, as if adopted verbatim by this.: Cotisent, anysuch additional resolutions as anysuch depbsitoty iriaiy require in cbnticcrion with the opening • of an account vwth such dcpositoty.as autlibriied pursiiant to the immediately prce<;ding resolution, and that any such depositoty to which a copy of the immediately preceding resolution and such adtlitional resolutions, if anyi have been certified shall be enutled to rely thereon for all purposes uritil it shall have recei'ycd wrirten nptice pf the revocatiori or amendment, of such resolutions by'tht- Board of Pirectors; and it is further , .';year; EFTA01441262 and'itis'iifurther/. ,.,RESQiJ\^.D/:that the fisc,iU ye."' of ;:this Gorporation .shall begin the first-day of _lanuar) 1 in-ciich . 1 1 eel • i • 1 1 - 1 "-. i--ivi:'." I&SOLVED, that for the purpbse of authbtizing the Corporadon-.to do business in any state, territdty or dependency of the United States'Or any fordgn country in which itis ricccssaty-'pr expedient For •the Cotppraupn-.to transact, business, the officers .of the Corporation be, arid, each bf them hereby is, authorized to appoint and subsdmte all neccssiaty agents or attorneys for sei:\'ice of process, to designate and change the location of all necessaty offices of the Goipotaaon, whether statutoty br otherwise, and, under the seal of the Cprporadon, tq make and file aU neqessaty certificates, repprts, powers of attorney arid othc'j; insuruments as mayjbe i^ec^uired by the l^ws/o^f such stjat^ rdolutiph'and; atiy resblutibhS; thereori' • I .:•; . ; ; :•,: v. ';•, ' • the ' EFTA01441263 Corporation co transact business therein; and it is further RESOLVED, that the officers of the Corporation be, and each of chem hereby is, authorized and directed, on behalfof the Corporation, to do and perform all such further acts and things, to execute and deliver and, where necessaty or appropriate, file with the appropriate governmental audioriacs, all such further certificates, contracts, agreements, documents, instruments, instruments of ttansfer, receipts or other papers, and to pay all costs and expetises (but only to the extent that any such officer has signing authprity with tespect to the bank accounts of the Corporation), including, without lirnitation, such taxes and assessments, as in their judgment or in the judgment of any of them shall be necessaty or appropriate to catty out, comply with and effectuate the purposes and intent of the foregoing resolutions; and it is further RESOLVED, that the Corporation proceed to earty on the business for whicii it was incorporated. This consent shail be filed with the Minutes of the proceedings of the Board yf Directors of the Corporadon. IN WITNESS WHEREOF, the undersigned has executed this Resolution as the first directors of T-inancial Infomatics, Inc., on this 19"' day of November, 2011. Jeffrey Epstein, Director iRichard Kiilin, Director EFTA01441264 FlNANCL\L INFOMATICS, INC. SUBSCRIPTION FOR COMIWON STOCK 'lhe undersigned hereby subscribes for Ten Thousand (10,000): shares of thc Common, Stock, S-01 par value, of Financial Infomatics, Inc., a Uruted States Virgiri Islands corporatioti (the "Corporadon"), the Certificate of Incoiporation of which was filed with the Oftice ofthe Lieutenant Governor ofthe United States Virgin Islands on thc 18"' day of November, 2011, and agrees to pay therefor and in full payment thereof, upon call of the Board of Directors of the CorpDraiion, -^t-^ e.e.^Kii (S • I 0 ) per share in cash of by check jnade payable ro thc Corporation, at which dme a certificate shall be issued to the undersigned foe the number of .shares subscribed for. Dated as of November 18,2011 Jetkey Ji. fcpstt Subscriber for 10^ of Common Stock, S.01 Par Value Subscription Accepted As of November 18, 2011 FINANCIAL INFOMATICS, INC. Darren K. Indyke Vice President EFTA01441265 ED Current Classification: (dick here for help) tntemal el^^1. Sender 2, 57 Jay Lipman Fran M Wickman Date 08/26/2013 12:04 P,M 08/26/2013 12:08 PM CIP failure rectification [I] Jay Lipman to: Fran M Wickman 08/26/2013 12:04 PM Subject CIP failure rectification [1) Re: CIP failure rec Classification: For Internal use only Hi Fran, Please could you let tne know if this document is sufficient for what we need? For Account: or ource of Wealth: Epstein began his financial career in 1976La.s an options trader at Bear Steams and became a partnert n 1980. In 1982, Epstein founded his own financial management firm, J. Epstein & Co., managing the assets of clients with more than a billion in net worth, in 1996, Epstein changed the name ofhis firm to The Financial Trust Company and based it on the island of St. Thomas in the US Virgin Islands. All of his clients were anonymous except for the very wealthy businessman Leslie Wexner. His wealth has come frorn his days at Bear Steams and his fmancial management firms Kind Regards, Jay Lipman Jay Lipman Analyst I Markets Coverage Group Deutsche Bank Securities Inc Deutsche Asset & Wealth Management 345 Park AvenuB - 26fh Floor New York NY 10154 Tel. Fax EFTA01441266 •^?^^'^-.^£S=rt£YE Sr-leMAS. VI 00802 •"issued-l/is/pn*«^-=^-^i- . . .*:slooQ type RestricSons n-: t f . I0 EFTA01441267