From: Halperin, Alan S < Sent: Wednesday, February 17, 2016 12:23 AM To: Jeffrey E.; Ada Clapp Cc: Brad Wechsler Subject: Re: Art Partnership I am happy to discuss tenants in in common concept. I don't think the fut=re possibility of a TIC changes these documents. Alan Alan S. Halperin I Partner "Paul, Weiss, Rifkind, Wharton & Garrison =LP From: Jeffrey E. Sent: Tuesday, February 16, 2016 7:12 PM To: Ada Clapp Cc: Brad Wechsler; Halperin, Alan S Subject: Re: Art Partnership Alan do you want to introduce the tenants in common here . Also who is=going to keep the books ? Did Joe or Joslin see this yet On Tuesday, 16 February 2016, Ada Clapp wrote: Hi Jeffrey, Last Thursday, I =ent you an email that included all the documents needed to implement the art partnership other than the first two noted below (see below) which you h=d previously reviewed. I asked if you wanted to see those documents but did not hear back from you. I =nderstand from Brad that you do want to see them. Attached are all of the documents needed =o implement the partnership, as follows: 1. Contribution Agreement between LDB and =he Partnership (with Schedule A); 2. Contribution Agreement between Narrows Holdings LLC and the Partnership (with Schedule A<=span>; 3. Contribution and Subscription Agreement between APO-01 Trust=and the Partnership (with Schedule A); 4. APO.01 Trustees Resolution=/span> (whereby the=Trustees resolve to distribute to the APO-B Trust cash to enable it to buy the Class B GP i=terest from Leon); 5. APO-B Trustee Resolution (whereby the Trustee resolves t=at the trust will purchase the Class B GP Interest from Leon). 6. Purchase and Sale Agreement (for the purchase of the Class B GP inte=est) 7. <=pan style="font-size:llpt">Assignment and Assumption Agreement (assigning the =lass B GP interest from Leon to the APO-B Trust); 8. =i>Resolution of Class A GP (amending the Partnership's LP agreement to reflect pa=tners and percentage