Subject: Re: Butterfly trust [C] From: Stewart Oldfield Date: Fri, 30 Dec 2016 10:25:12 -0500 To: Cynthia Rodriguez Classification: Confidential Yes. Let's start there. Stewart Oldfield, CFA, CAIA Director Deutsche Deutsche 345 Park Tel: Mobil Email Bank Trust Company Americas Bank Wealth Management Avenue. New York, NY 10154 lackberry Securities offered through Deutsche Bank Securities Inc. From: Cynthia Rodriguez Sent: Friday, December 30, 2016 10:00 AM To: Stewart Oldfield Subject: FW: Butterfly trust Is it safe to just say it's an employee trust and the benes changed because theyre no longer on payroll and the new benes are? Kind regards, Cynthia Rodriguez {cid:[email protected]} Cynthia Rodriguez Assistant Vice President Deutsche Deutsche 345 Tel. Fax Email Bank Trust Company Americas Asset & Wealth Management 154-0004 New York, NY, USA EFTA01424158