From: Farkas, Andrew L. < Sent: Sunday, April 12, 2015 11:40 PM To: Jeffrey E. Subject: Re: > PS for reference sake, if we had given you 10% of the promote on c-iii a= inception, it would be worth approximately $65mm today. And note finally =hat this money would be coming out of my end. Sent from my BlackBerry 10 smartphone. From: Farkas, Andrew L. Sent: Sunday, April 12, 2015 6:50 PM To: jeffrey E. Subject: Re: So you need to tell me how to proceed with this, if at all. We are speaking=with ADIA, Qatar, and a host of private equity firms. I would very much li=e to work with you but I'm not sure how address your request. Sent from my BlackBerry 10 smartphone. From: Farkas, Andrew L. Sent: Sunday, April 12, 2015 6:34 PM To: jeffrey E. Subject: Re: Flying from Ia. Had no in-flight wifi. $100mm is going to be virtually impossible to do. We can pay 3% plus a participation in the promote of the new entity of 10% =i.e. 10% of whatever the promote ultimately is). The highest price we have=ever paid for equity is 2%. No promote or anything else. Even goldman, Laz=rd etc only get 1.5% and in some cases that's over time. I'd get strung up by the bill ackmans, harvard uni=ersity's, TIAA/CREFS and och zoffs of the world for paying $100mm. l=ve been thinking about it and made a bunch of calls. If that's inadequate = don't know what else to do. The above is already over 50% higher than anything previously paid. Sent from my BlackBerry 10 smartphone. From: jeffrey E. Sent: Sunday, April 12, 2015 5:50 PM To: Farkas, Andrew L Subject: '» please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify