ART USE AGREEMENT AP NARROWS LP THIS ART USE AGREEMENT (the "Agreement") is made by and between AP Narrows LP, a Delaware limited partnership (the "Partnership"); Bany J. Cohen and John J. Hannan, as the trustees (the "APO-01 Trustees") of the trust created under the APO-01 Declaration dated November 30, 2015 ("APO-01 Declaration"); Bradley J. Wechsler, as the trustee (the "APO-B Trustee") of the trust created under the APO-B Trust dated May 20, 2015 (the "APO-B Trust") (the APO-B Trustee together with the APO-01 Trustees, collectively the "Trustees"); Narrows Holdings LLC ("Holdings"), a New York limited liability company; Leon D. Black ("LDB" and together with the Trustees and Holdings, the "Partners"). and Debra R. Black ("DRB") (the Partnership, the Partners and DRB, collectively, the "Parties"). WHEREAS, the Partnership owns the items of art listed on the attached Schedule A (the "Art"); WHEREAS, by Section 8.1.1 of the Limited Partnership Agreement of the Partnership, dated February 24, 2015, the Class B General Partners have full authority to make all decisions regarding the rent-free use of Partnership property, including the Art, by the Partners during any period that such property is not being rented for fair market value or loaned for exhibition by the Partnership (a "Use Period")• WHEREAS, the Partners collectively own a 100% partnership interest in the Partnership; WHEREAS, the Art currently is not otherwise rented for fair market value; WHEREAS, the Class B General Partners have determined to permit the rent-free use of the Art during each Use Period by LDB, the Trustees and Holdings, as sole Partners, and the Partners have agreed to such use; WHEREAS, DRB is a beneficiary of APO-01 Declaration and the APO-01 Trustees have the power to permit DRB to use trust property; WHEREAS, DRB is a beneficiary of APO-B Trust and the APO-B Trustee has the power to permit DRB to use trust property; WHEREAS, the Trustees have determined,