From: To: Subject: Date: Attachments: "Jeffrey E." <[email protected]> Melanie Spinella <[email protected]> Fwd: Art Partnership Thu, 11 Feb 2016 17:04:59 +0000 Art_Use_Agreement_-AP_Narrows_(Execution_Copy).doc; Assignment-- Class_B_GP_interest_from_Leon_to_APO-B_(Execution_Copy).docx; Purchase_Agt_of_AP_Narrows_Class_B_GP_interest_(Execution_Copy).doc; Resolution_Amending_Schedule_A_to_LP_Agreement_(Execution_Copy).docx; AP_Narrows_LP_- Amend_to_DE_Cert of_Limited_Partnership_(change_of_GP)_(Execution_Copy).doc; APO-01 Trust Contrib & Subscrip_Agt_to_AP Narrows LP_(Execution Copy).doc; APO-01 Trust_Decanting: Resolution- cash_to_APO-B_T-rust_(Execution:Copy).doc; APO-B_7frustees_resolution_re_Class_b_interest_(Execution_Copy).docx; Art Insurance_Agreement-v10_(Execution_Copy).docx Forwarded message From: Ada Clapp czi Date: Thursday, 11 February 2016 Subject: Art Partnership To: "jeffrey E." <[email protected]> Cc: "Halperin, Alan S" Good afternoon Jeffrey, Brad Wechsler Attached are the revised documents needed to implement the art partnership. They await only your approval before sending them for signature. The revisions were needed in order to include the APO-01 Declaration as a limited partner in place of APO1 and APO2 (which no longer hold any art). There is also a new insurance agreement designed to avoid underwriting risk limitations that we are told would prevent the partnership from obtaining insurance covering its art holdings. The documents that did not change since your sign off last May are not attached and will not be re-executed (we have been holding the signed document). They are: 1. LDB Contribution Agreement to AP Narrows LP 2. Narrows Holdings Contribution Agreement to AP Narrows LP I have also not attached the Schedules showing the art to be contributed. Please let me know if you want to see any of the above referenced documents. Please let me know if you approve of the attached documents so