From: jeffrey E. <[email protected]> Sent: Thursday, November 5, 2015 10:23 PM To: Ada Clapp; Melanie Spinella Cc: Brad Wechsler Subject: Re: Decanting Question leon needs to decide some things first On Thu, Nov 5, 2015 at 5:21=PM, Ada Clapp > wrote: Hi Jeffrey, We are planning to discuss the proposed decantings w=th the Trustees at our meeting later this month. I understand that y=u do not want to decant APO1's right to receive the GRAT remainder= to the new APO-01 Trust. I would like to understand why we are leaving this behind in APO1—just in case the Trustees a=k. Thanks. Ada Clapp Chief Legal Officer Elysium Management LLC 445 Park Avenue Suite 1401 New York, New York 10022 This communication and any attachment is for the =ntended recipient(s) only and may contain information that is privileged, =onfidential and/or proprietary. If you are not the intended reci=ient, you are hereby notified that further EFTA_R1_01597946 EFTA02481538