October 5, 2015 Jeffrey Epstein, President Southern Trust Company, Inc. 6100 Red Hook Quarter, B3 St. Thomas, USVI 00802 Re: Letter of Agreement Dear Jeffrey: You, on behalf of Southern Trust Company, Inc., a Virgin Islands corporation ("STC"), have been collaborating with Ariane de Rothschild on behalf of Edmond de Rothschild Holding, S.A. (collectively, the "Rothschild Group"), regarding risk analysis and the application and use of certain algorithms with respect to the same (the "Specified Matters"). The purpose of this letter agreement (this "Agreement") is to set forth the terms upon which you, on behalf of STC, will continue to work with the Rothschild Group on the Specified Matters (the "Work"). 1. The Work. STC shall provide the Work as further specified and agreed to between Jeffrey Epstein and Ariane de Rothschild from time to time while this Agreement remains in effect. 2. Fees and Expenses. In consideration for the Work, the Rothschild Group shall pay the following to STC: For Work specifically relating to outstanding matters between Edmond de Rothschild Holding, S.A. ("EDRH") and the United States, $25,000,000 Payment shall be made by the Rothschild Group to STC by not later than 3 days after EDRH makes payment to the US . The Rothschild Group shall reimburse STC for all travel and other out-of- pocket expenses incurred by you, STC or your or STC's employees, representatives, agents, or advisors in connection with the performance of Work under this Agreement. 3. Confidentiality. You and STC agree that any and all confidential information or proprietary information identified as such by the Rothschild Group which you or STC obtain from the Rothschild Group in connection with the Work will be held EFTA00584887