EFTA Document EFTA01925492

To: Jeffrey E.[Jeevacation mail.com Cc: Richard D'Agostin ); Eileen Alexanderson From: Richard Joslin Sent Tue 5/20/2014 8:51:17 PM Subject: Schedule B SCH B LDB Net Worth Summary and Schedule NO GRATS - 20140331.Ddf Attached and pasted below is the pasted verbiage NOTE THAT AS PART OF RECENT ESTATE PLANNING, LEON D. BLACK ENTERED INTO VARIOUS TRANSACTIONS WITH FAMILY TRUSTS AND GRANTOR RETAINED ANNUITY TRUSTS. THESE TRANSACTIONS GIVE RISE TO RECEIVABLES AND PAYABLES BY LEON D. BLACK TO FAMILY GRANTOR TRUSTS FOR WHICH LEON D. BLACK IS GRANTOR FOR INCOME TAX PURPOSES. THESE INTRA-FAMILY TRANSACTIONS ARE ZERO SUM TRANSACTIONS AS ANY RECEIVABLE IS EQUAL TO A PAYABLE. FOR REPORTING PURPOSES, THESE TRANSACTIONS ARE NETTED. EFTA_R1_00371144 EFTA01925492