EFTA00857888.txt

"Heather Gray Elysium Management LLC New York, New York 10022"

"On Fri, May 1, 2015 at 12:27 PM, Heather Gray Brad and Jeffrey, wrote:"

"Narrows/AP Narrows (really, Leon's) agreeing to effectively guarantee payment by the assignee might be considered a gift"

"Narrows/AP Narrows (really, Leon's) agreeing to effectively guarantee payment by the assignee might be considered a gift"

"assign the agreement to any one among Leon, Debra, the kids, or family trusts"

"On Fri, May 1, 2015 at 12:27 PM, Heather Gray Brad and Jeffrey, ... agree"

"Alan suggested mitigating this risk by having the trusts sign side agreements with Leon"

"The information contained in this communication is confidential... It is the property of JEE"

"Gagosian has one final change to the Picasso agreement. ... structured this agreement with the Buyer as either Narrows Holdings LLC or AP Narrows LP"