EFTA Document EFTA01460673

I Cc: I Date: '03/14/2014 03:55 PM I Subject: I IKCP IOI: Paylocity IPO [I] Classification: For internal use only Greetings, Haig, Chip, Caroline and Mike. Tazia has conveyed that KCP-client Jeff Epstein will indicate for the Paylocity IPO, which is this coming Tuesday night/ Wednesday morning. Per Haig's earlier email (below) that we will not be bound to a formula, Mike Iaquinta and I reviewed the possibilities for allocations on this deal. The deal is small -- 6.67mm shares -- and