EFTA02509307

From: jeffrey E. <jeevacation@gmail.com> Sent: Wednesday, February 25, 2015 12:38 AM To: Ada Clapp Subject: Re: Follow up to yesterday's call im awre On Tue, Feb 24, 2015 at 7:47 PM, Ada Clapp < > wrote: Jeffrey, Did you get all the answers you wanted in connection=with the notes that were generating income to Josh and Ben? As a rem=nder, Ben borrowed $1.5 million from the APO1 Trust last October (9 year term note with interest at 1.85= - interest is compounded annually, accrued and added to principal).=C2 This generates "phantom" interest income for Leon (a= you know, APO1 is a grantor trust). Ada Clapp Chief Legal Officer Elysium Management LLC 445 Park Avenue Suite 1401 New York, New York 10022 Direct Dial: <tel Fax: <tel Email: This communication and any attachment is for the =ntended recipient(s) only and may contain information that is privileged, =onfidential and/or proprietary. If you are not the intended reci=ient, you are hereby notified that further dissemination of this communication and its attachments is prohibited. =AO Please delete all copies of this communication and its attachments and "ratify me immediately that you have received them in error. Thank you= EFTA_R1_01640554 EFTA02509307 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 2 EFTA_R1_01640555 EFTA02509308