EFTA00609831.txt

"The Senior is married to DEBRA R. BLACK"

"The Senior has four (4) children, BENJAMIN ELI BLACK"

"The Senior has four (4) children... JOSHUA MAX BLACK"

"The Senior has four (4) children... ALEXANDER SAMUEL BLACK"

"The Senior has four (4) children... VICTORIA RACHEL BLACK"

"DECLARATION OF TRUST made the 30thday of September. 1997, by LEON D. BLACK. as Senior and as Trustee."

"LEON D. BLACK. as Senior and as Trustee."

""Settlor": LEON D. BLACK."

"the Settlor and Trustee has signed this Declaration of Trust on the date appearing on page one. /s/Leon D. Black"

"before me personally came LEON D. BLACK to me known and known to me to be the person described in and who executed the foregoing instrument"

"The Senior appoints DEBRA R. BLACK, BARRY J. COHEN, JOHN J. HANNAN and RICHARD RESSLER to act as successor Trustees"

"The Senior appoints DEBRA R. BLACK, BARRY J. COHEN, JOHN J. HANNAN and RICHARD RESSLER to act as successor Trustees"

"The Senior appoints DEBRA R. BLACK, BARRY J. COHEN, JOHN J. HANNAN and RICHARD RESSLER to act as successor Trustees"

"The Senior appoints DEBRA R. BLACK, BARRY J. COHEN, JOHN J. HANNAN and RICHARD RESSLER to act as successor Trustees"

"if DEBRA ceases to be the Senior's spouse"

"the Senior's sister JUDY BLACK"

"DEBRA's brothers, BRUCE RESSLER"

"DEBRA's brothers, JOHN RESSLER"

"DEBRA's brothers, RICHARD RESSLER"

"DEBRA's brothers, ANTHONY RESSLER"

"During the lifetime of DEBRA, the Trustees shall pay to her, or apply for her benefit, the entire net income"

"dispositive terms of the Trust directed to be held for JUDY's benefit"

"the Trustees shall pay DEBRA an amount equal to the difference between (a) TWENTY-FIVE MILLION (S25.000.000) DOLLARS and (b) the proceeds of any life "

"the Trustees shall hold the sum of FIVE MILLION DOLLARS (S5.000,000) in a Trust upon the terms set forth under Article X"

"Withdrawals by Settlor. During the Senior's life, the Trustees shall pay to him or apply for his benefit as much or all of the Trust Fund as the Settl"

"the Trustees shall pay to him or apply for his benefit as much or all of the Trust Fund as the Settlor shall request"

"If DEBRA survives the Settlor, the Trustees shall distribute to DEBRA all of the Senior's residential property"

"in the management of the Entity and, to the extent permitted by law, in their managerial capacity to fix, determine or change the policy thereof"

"property given to DEBRA outright or to any Trust under Article XI"

"the Beneficiary shall have the absolute right, from time to time, to direct the Trustees to pay him or her out of the principal of the Trust an aggreg"

"the Trustees deem advisable, without regard to any prior allocation made at any time and notwithstanding any contrary provision of law"

"effect any distribution of income or principal with any property... to any one or more beneficiaries"

"FIFTY MILLION ($50,000,000) DOLLARS shall be paid to JUDY, if she is then living"

"TWENTY MILLION ($20,000,000) DOLLARS shall be paid to JON RESSLER, if he is then living"

"TWENTY MILLION ($20,000,000) DOLLARS shall be paid to IRA and DOROTHY RESSLER, or the survivor of them"

"TWENTY MILLION ($20,000,000) DOLLARS shall be paid to IRA and DOROTHY RESSLER, or the survivor of them"

"TEN MILLION ($10,000,000) DOLLARS shall be paid to SAMANTHA RESSLER, if she is then living"

"TEN MILLION ($10,000,000) DOLLARS shall be paid to JILLIAN RESSLER, if she is then living"

"TEN MILLION ($10,000,000) DOLLARS shall be paid to ANDREW RESSLER, if he is then living"

"TEN MILLION ($10,000,000) DOLLARS shall be paid to REBECCA RESSLER, if she is then living"

"TEN MILLION (S10.000.000) DOLLARS shall be paid to MATTHEW RESSLER, if he is then living"

"TEN MILLION ($10,000,000) DOLLARS shall be paid to MICHAEL RESSLER, if he is then living"

"TEN MILLION ($10,000,000) DOLLARS shall be paid to OLIVER RESSLER, if he is then living"

"TEN MILLION ($10,000,000) DOLLARS shall be paid to NICKOLAS RESSLER, if he is then living"

"TEN MILLION (510,000,000) DOLLARS shall be paid to JONATHAN LEVINE, if he is then living"

"FIVE MILLION (55.000.0001 DOLLARS shall be paid to MARILYN STEWART, if she is then living"

"The balance of such undisposed of property... shall be paid to the LEON BLACK FAMILY FOUNDATION, INC."

"DEBRA shall be deemed to have predeceased the Settlor if she is not the Senior's spouse at the time of the Settlor's death"

"The Settlor may add property to this Trust (i) by lifetime transfers of additional property"

"to any issue of the Senior, such share shall not be paid outright to such issue (referred to in this Article as the "Beneficiary")"