EFTA02478189.pdf

"From: jeffrey E. <[email protected]> Sent: Saturday, December 12, 2015 1:30:51PM To: Bronstein, Richard. Subject: Re: PRIVILEGED & CONFIDENTIAL"

"Richard J. Bronstein I Partner Paul, Weiss, Rifkind, Wharton & Garrison LLP"

"he is dealing with an employee and his brother-in-law... Ressler (all cash) insists on it"

"everything is based only on what I believe to be Leon's best interests, please don't take differing views as suggesting anything else."

"please keep in mind that you and I are on the same team. . I have great respect for your tax views . do you do many 1040 audits ? if brad did it all w"

"he is not dealing with unrelated persons, he is dealing with an employee and his brother-in-law, neither of whom really want to own this business"

"No sales tax because the underlying asset is an intangible, i.e., an interest in Phaidon Global LLC... LDB buys it back at FMV"

"Brad W pays 1/3 to 1/2 cash plus nonrecourse note, put after two years at FMV, put expires after five years."

"apparently Ressler (all cash) insists on it, so Brad would have it too."