Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 On Dec 30, 2016, at 8:31 AM, Cynthia Rodriguez < wrote: Hi Rich, Just following up on the below. Thanks! Kind regards, Cynthia Rodriguez <image001 .png> Cynthia Rodriguez Assistant Vice President Deutsche Bark Trust Company Americas Deutsche Asset & Wealth Management 345 Park Avenue. 10154-0004 New York. NY. USA From: Cynthia Rodriguez Sent: Monday, December 19, 2016 5:56 PM To: 'Richard Kahn' Subject: Butterfly trust Hi Rich, Hope all is well. Our compliance group is reviewing the recent update that was made to the beneficiaries of the Butterfly Trust, and they have a few questions regarding the trust: • <!--[if kupportlists]--><!--Iendifj-->What is the purpose of this trust, as it is not cleared within the original trust agreement • <!--[if isupportLists]--><!--lendifj-->Based on the supporting documents provided, where in the trust agreement does it support the change of beneficiaries? • <!--[if isupportlists]--><!--Iendifj-->Why are the beneficiaries changing? CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0069067 CONFIDENTIAL SDNY_GM_00215251 EFTA01374403