EFTA Document EFTA01430353

Subject: FW: Butterfly trust From: Cynthia Rodriguez < Date: Fri, 30 Dec 2016 10:00:48 -0500 To: Stewart Oldfield ‹ > Is it safe to just say it's an employee trust and the benes changed because theyre no longer on payroll and the new benes are? Kind regards, Cynthia Rodriguez {cid:image001.png@OlD0778D.2D49CDD0} Cynthia Rodriguez Assistant Vice President Deutsche Bank Trust Company Americas Deutsche Asset & Wealth Management 345 Park Avenue, 10154-0004 New York, NY, USA From: Richard Kahn [mailto: Sent: Friday, December 30, 2016 9:57 AM To: Cynthia Rodriguez Cc: Stewart Oldfield Subject: Re: Butterfly trust please review with stewart as i believe i provided this information to him thank you EFTA01430353 stewart - i am free after 11am to speak thanks Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 On Dec 30, 2016, at 8:31 AM, Cynthia Rodriguez ‹ > wrote: Hi Rich, Just following up on the below. Thanks! Kind regards, Cynthia Rodriguez EFTA01430354 <image001.png> Cynthia Rodriguez Assistant Vice President Deutsche Bank Trust Company Americas Deutsche Asset & Wealth Management 345 Park Avenue, 10154-0004 New York, NY, USA From: Cynthia Rodriguez Sent: Monday, December 19, 2016 5:56 PM To: 'Richard Kahn' Subject: Butterfly trust Hi Rich, Hope all is well. Our compliance group is reviewing the recent update that was made to the beneficiaries of the Butterfly Trust, and they have a few questions regarding the trust: What is the purpose of this trust, as it is not cleared within the original trust agreement Based on the supporting documents provided, where in the trust agreement does it support the change of beneficiaries? Why are the beneficiaries changing? Please provide guidance on the above questions, and revert back at your leisure. Thank you in advance for your help. EFTA01430355 Kind regards, Cynthia Rodriguez <image001.png> Cynthia Rodriguez Assistant Vice President Deutsche Bank Trust Company Americas Deutsche Asset & Wealth Management 345 Park Avenue, 10154-0004 New York, NY, USA This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. EFTA01430356