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EFTA01121077

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CONFIDENTIAL SETTLEMENT AGREEMENT This Settlement Agreement (the "Settlement Agreement") is made and entered into and shall become effective the 1st day of August, 2011 (the "Effective Date") among: (i) Fortress VRF I LLC ("VRF I LLC") and Fortress Value Recovery Fund I LLC (the "Fund") (together, "Claimants"); (ii) Jeffrey Epstein, Jeepers, Inc. ("Jeepers") and Financial Trust Company, Inc. ("FTC") (collectively, the "Epstein Parties"); (iii) D.B. Zwim Partners, LLC, D.B. Zwim & Co., L.P., DBZ GP, LLC and Zwim Holdings, LLC (collectively, the "Zwim Entities") and Daniel Zwim (together with the Zwim Entities, the "Zwim Parties"); and (iv) Glenn Dubin (the parties identified in (i) — (iv) collectively, the "Parties," and, individually, each a "Party"). RECITALS WHEREAS, FTC made the following investments in the Fund: a $10,000,000 investment made on May 1, 2002; a $10,000,000 investment made on September 1, 2002; a $30,000,000 investment made on December 1, 2002; a $10,000,000 investment made on June 1, 2003; and a $20,000,000 investment made on January 1, 2005 (collectively, the "Investments"); WHEREAS, effective as of January 1, 2006, FTC transferred to Jeepers all of FTC's interests in the Investments and any gains, losses, rights and/or obligations associated with the Investments; WHEREAS, FTC and Jeepers made certain demands for the withdrawal of money from the Fund in 2006, 2007 and 2008 (collectively, the "Withdrawal Requests"); WHEREAS, the Zwim Entities and the Fund denied that the 2006 and 2007 demands were proper requests for withdrawal, while the Epstein Parties disagreed with that position; WHEREAS, withdrawals from the Fund were suspended, and the Fund was dissolved in February 2008, and has since been engaged in the process of winding up in accordance with Delaware law; WHEREAS, in April 2009, Jeepers and the Fund entered into a settlement agreement (the "Initial Settlement Agreement") resolving all disputes concerning the Wi

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