<table><tr><th>From:</th><th>jeffrey E. &lt;jeevacation@gmail.com&gt;</th></tr><tr><td>Sent:
To:</td><td>Wednesday, March 11, 2015 1:42 PM
Brad Wechsler</td></tr><tr><td>Subject:</td><td>Re: Fw: Funding of NAR</td></tr></table>

Not

On Wednesday, March 11, 2015, Brad Wechsler <█████████████████████> wrote:<=r>

Assume ur on top of or do you want me to focus
Sent from my Verizon Wireless BlackBerry __________________________________

From: Ada Clapp <██████████████████████████████████████████████████████████████████>
Date: Wed, 11 Mar 2015 12:45:08 +0000
To: Brad Wechsler<███████████████████████████████████████████████████████████████████████████>; >;
Richard Joslin<████████████████████████████████████████████████████████████████████████;>
Subject: FW: Funding of NAR

REMINDER=span style="color:#1f497d">

</=pan>

From: Ada Clapp
Sent: Monday, February 02, 2015 5:02 PM
To: Brad Wechsler; Richard Joslin
Subject: Funding of NAR

Hi Rich and Brad,

Once you have confirmed with Jeffrey whether we are =unding NAR with all or only some of the non-Apollo
related investments hel= in BFP, please provide me with a list of which investments will be transf=rred to NAR so we
may complete the Schedule A to the attached document.

Thanks!

Ada Clapp

Chief Legal Officer

Elysium Management LLC

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