EFTA02508052

From: jeffrey E. <jeevacation@gmail.com> Sent: Tuesday, March 24, 2015 3:22 AM To: Richard Joslin Subject: Re: Apollo update does that change your 2015 projection On Mon, Mar 23, 2015 at 9:3= PM, Richard Joslin <RJoslin@elyslIc.com <mailto:RJoslin@elyslI=.com» wrote: Confidential. Material non-public info. TRA: 2015 corporate income will be a loss and minimal TRA will be gen=rated (only from state tax). Since amortization deductions exc=ed taxable income, TRA benefits will need to be shared among founders. No =ecision has been made on sharing methodology. 2015 DNI vs taxable income per share: $1.51 vs $0.78. APO cash distribution will not be less than $0.25/ sh per quarter. Pr=jected cash distribution is approx $0.34 for Q3-Q3 and $0.48 Q4. please =ote The information contained in this communication is confiden=ial, may be attorney-client privileged, may constitute inside informati=n, and is intended only for the use of the addressee. It is the propert= of JEE Unauthorized use, disclosure or copying of this communica=ion or any part thereof is strictly prohibited and may be unlawful. If =ou have received this communication in error, please notify us immediat=ly by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail=com> , and destroy this comm=nication and all copies thereof, including all attachments. copyright -=11 rights reserved --047d7bfcf75269f46e051200481a-- conversation-id 121714 date-last-viewed 0 date-received 1427167307 flags 8590195713 remote-id 491141 EFTA_R1_01638957 EFTA02508052