To: Dubin, Glenn Fran: Jeffrey Epstei Sent Thur 9/1/2011 9:32:51 AM Subject Re: FW: DZ Distributions you and dan need to agree on a value for him to relinquish his interest. they say they have the right to put 3 % to corbin with a third part valuation. once you and Dan agree on a number its over.. Fyi, he will take five million On Thu, Sep 1, 2011 at 12:16 AM, Dubin, Glenn No capital acct. wendel is back on mon. g From: Jeffrey Epstein Imailto:icevacationtemail.com] Sent: Wednesday, August 31, 2011 6:14 PM To: Dubin, Glenn Subject: Re: FW: DZ Distributions wrote: if wendall talks to siefert, that would be helpful..does dan have a capital acct. if so how much? , I am working with Paul weiss on trying to get you a termination of your interest On Wed, Aug 31, 2011 at 9:22 PM, Dubin, Glenn ote: From: McHale Stuart, Tracy Imailt Sent: Wednesday, August 31, 2011 : To: Dubin, Glenn Subject: DZ Distributions During our first three years of operation (2005-2007), distributions of taxable profits were made annually to the firm's limited partners. These calculations were made by an independent CPA firm (Pustorino Puglisi) who maintains the management company's legal books and records. During that period of time, DZ received his allocable share of those distributions based upon his ownership of 4.5%. Since that period of time, distribution activity is summarized as follows: Tax Year 2008: No distribution of taxable profits was made to any of the limited partners: however, DZ received a payment representing the expiration of a tax deferral made in a prior year (2006). Tax Year 2009: No distribution of taxable profits was made to any of the limited partners. EFTA_R1_00247363 EFTA01852449