From: Ada Clapp

From: Ada Clapp To: "Melanie Spinella - Apollo Management y. CC: jeffrey E. <jeevacation@gmail.com>, Eileen Alexanderson < Heather Gray <I Subject: Documents for Leon's signature Date: Tue, 21 Oct 2014 13:30:19 +0000 Attachments: Memo_from_LDB_re_Sacks_Purchases.pdf; Memo_from_LDB_re_Magritte_Purchase.pdf Good morning Melanie, In connection with Magritte purchase made by the APO2 Declaration in July and the Sacks purchases made by the APO1 Agreement in September, the Trustees would like Leon to memorialize his advice to them that the trusts purchase these works. Heather and I prepared the attached memorandum for Leon's signature. If he approves of the documents, please ask him to kindly sign them. Thank you. Best regards, Ada Clapp Chief Legal Officer Elysium Management LLC 445 Park Avenue Suite 1401 Email: This communication and any attachment is for the intended redpient(s) only and may contain information that is privileged, confidential and/or proprietary. If you are not the intended recipient, you are hereby notified that further dissemination of this communication and its attachments is prohibited. Please delete all copies of this communication and its attachments and notify me immediately that you have received them in error. Thank you. EFTA00999196