CHECKLIST FOR LEON BLACK ESTATE PLANNING AND RESTRUCTURING As of January 14, 2014 ACTION TO BE TAKEN RESPONSIBLE PARTY TIMING/STATUS I. SETTLEMENT OF 2006 TRUST ACCOUNTING 1. Ascertain sources of "Trust Accounting Income" (as defined in the 2006 Trust Agreement). Family Office/Apollo Complete 2. Calculate "Trust Accounting Income" that should have been distributed to Leon annually and in the aggregate. Apollo Complete 3. Calculate income actually distributed to Leon annually and in the aggregate. Raich and Family Office Complete 4. Prepare Accounting of 2006 Trust Raich Complete 5. Prepare Accountings of GRATs A-K Raich Complete 6. Evaluate the extent to which other family members (Debra and the children) should have separate counsel. Team Complete Confirm that John Hannan and Richard Ressler will proceed without separate counsel. Family Office Complete 8. Release & Indemnification Agreement for 2006 Trust, to address: (i) that Trustees will not seek reimbursement, (ii) Leon's removal as beneficiary, (iii) exchange of consideration among parties, and (iv) release/indemnification provisions. MWE Complete 9. Release & Indemnification Agreement for GRATs A-J. MWE Complete 10. Execute Release and Indemnification Agreement for 2006 Trust. Various parties Complete 11. Execute Release and Indemnification Agreement 2006 GRATs. Various parties Complete 1 of 9 EFTA00583490