From: Ada Clapp < Sent: Thursday, November 14, 2013 7:38 PM To: Jeffrey Epstein Cc: Eileen Alexanderson Subject: Fwd: Split-Dollar Proposal for Leon Attachments: 11.8.13 Memo to MWE re Split-Dollar .docx; Untitled attachment 00031.htm FYI Begin forwarded message: From: =/b>Ada Clapp < > =/div> Subject: Split-Dollar Proposal for =eon Date: =/b>November 7, 2013 at =:39:16 PM EST To: =/b>"Carlyn S. =cCaffre < > </=iv> Cc: "Elyse G. Kirschner" < >, Eileen =lexanderson < HI =arlyn, I hope that you are well. We are back =o focusing on Leon's split-dollar and would be grateful if you would =eview the attached memorandum and let me have your thoughts. =nbsp; Best regards, Ada Clapp Black Family Partners c/o Apollo =anagement 9 W 57th Street New =ork NY 10019 phone: email: IRS Circular 230 =isclosure: Pursuant to IRS regulations, I inform you that =ny tax advice contained in this communication (including attachments) =s not intended or written to be used, and cannot be used by any person =r entity for the purpose of (i) avoiding tax related penalties imposed =y any governmental tax authority, or (ii) promoting, marketing or =ecommending to another party any transaction or matter discussed =erein. I advise you to consult with an independent tax advisor on your =articular tax circumstances. EFTA_R1_01974769 EFTA02678021