SOUTHERN TRUST COMPANY, INC. 6100 Red Hook Quarter, B3 St. Thomas, USVI 00802 April 24, 2017 Leon Black do Elysium Management LLC 445 Park Avenue, Suite 1401 New York, NY 10022 INVOICE Amount due for financial strategy and planning services based upon proprietary formulas US $8,000,000.00 Please pay by electronic wire transfer Bank Name: ABA No.: Account No.: Account Name: iiiiii nk Trust Company Americas Southern Trust Company, Inc. NOTICES AND DISCLAIMERS Southern Trust Company, Inc. does not in any way provide services as an -investment advisor', as such term is defined in and interpreted in accordance with the provisions of the Investment Advisors Act of 1940, as amended, the regulations promulgated thereunder, and the interpretive releases issued in connection therewith. Without limiting the generality of the foregoing, Southern Trust Company, Inc. does not hold itself out as being engaged in any business which directly or indirectly provides advice, recommendations, publications, writings, reports or analyses regarding any matter or thing which might cause it to be deemed an - investment advisor as such term is so defined, and no pan of any services or deliverables provided by Southern Trust Company, Inc. constitutes any advice, recommendations, publications, or writings whatsoever regarding: (a) the value of securities or the advisability of investing in, purchasing, or selling securities, (b) the relative advantages or disadvantages of investing in securities in general as compared to other investments; (c) any other matters relating to any specific securities or securities in general; (d) the selection of investment managers, or investment funds or entities; or (e) the allocation of certain percentages of assets to specific classes of securities, investment funds, or investment managers; or Many other activities matters similar to those set forth in clauses (a) through (c) above. All services and deliverables provided by Sout