<table><tr><th>From:</th><th>Jeffrey Epstein &lt;jeevacation@gmail.com&gt;</th></tr><tr><td>Sent:</td><td>Monday, November 26, 2012 10:55 PM</td></tr><tr><td>To:</td><td>Erika Kellerhals</td></tr><tr><td>Subject:</td><td>Re: how's this?</td></tr></table>

Yes greT

On Monday, November 26, 2012, Erika Kellerhals= wrote:

Revenues include the following:

- Revenues derived from clients who request that STC build algorithms for their own use or that STC run the al=orithms on their behalf and provide comprehensive results back to the clie=t;

• Revenues derived for managing the algorithms and tailoring the algorithms in response to availability of new=information;

• Revenues from thirdparty clients who wish to license the use of algorithms from STC or who wish to buy the =oftware from STC.

Erika A.=Kellerhals

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