EFTA Document EFTA02004691

To: jeevacation©gmail.com[jeevacation©gmail.com]; Jeffrey Epsteinbeeyacation©gmail.corn] From: Richard Merkin Sent Mon 6/6/2011 3:17:00 PM Subject: RE: I must have miscommunicated. If I had communicated that to you I would be nuts. I never suggested that one year of profit is what I would pay such a phantom person. That would make me beyond nuts. You're a great friend. look forward to talking to you soon. From: Jeffrey Epstein [mailto:[email protected]] Sent: Monday, June 06, 2011 1:31 AM To: Richard Merkin Subject: Our last conversation drove me crazy.. I am not religious , as my highest principle is friendship. It is painful watching you slowly kill yourself. Hearing - you had difficulty standing near the end of your biz trip. a trip designed around getting more, of that ,which you already have too much .. The idea that someone would help you monetize ,sell your business is the right thing, I think for you.. I am of two minds whether I should do it for you. Its time consuming, and west coast based. I prefer to kibbitz from the sideline and help guide the process. but as your structure is " complex". I, m not sure who to trust , letting in the tent. THis is NOT , repeat NOT a proposal. You suggested that one year of profit , should be enough to pay the phantom person. too much. ! My understanding is that the net is between 200 to 300 a year. If FTC ( my personal trust co. would do it , it would be along the lines of the following. My guess it would take approx two years. a 25 million - fee. a 100 million success fee for an event at 2 billion. a percentage between 10-20 above 2 billion. A clause in the agreement that survived your death. I personally would have to understand the structure and numbers. that initally would be structured under your lawyers co-vel letter as to maintain priviledge. It would be me negotiating , ( that „i can't delegate ) I am still in paris and musing about fun deals. We would need a serious discussion. 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 Jeffrey Epstein 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 EFTA_R1_00503151 EFTA02004691