<table><tr><th>From:</th><th>Jeffrey Epstein &lt;jeevacation@gmail.com&gt;</th></tr><tr><td>Sent:</td><td>Monday, May 20, 2013 12:20 PM</td></tr><tr><td>To:</td><td>Fenn, Patrick</td></tr><tr><td>Subject:</td><td>Re: FW: Early Termination Calculation</td></tr></table>

could they run the calcuations at a 30 and 35 dollar price=for apo , thanks, also have you given tought to refreshing the=basis in amh.? new loan,? partnership, guaranteed either payments=or assignment of tra in whole?

On Mon,=May 20, 2013 at 7:46 AM, Fenn, Patrick

Jeffrey,

<=p>

Calculation from Brian Kn=dson at E&Y. Note that this relates only to the unexchanged unit=, and does not include the existing TRA payments.

<=p>

Regards

<=p>

Hi Patrick,

Attached is the calculation that we put together for Leon. As we=discussed, this only calculates the estimated early termination payment wi=h respect to the APP units held by Leon - it does not yet calculate the estimated early termination payment with respect to rema=ning TRA benefits related to the 2007 exchange. I have added an assumption= tab to the workbook outlining many of the items that we discussed. Thanks=

Brian

Brian Knudson=span style="font-size:10.0pt;font-family:"Arial","sans-se-if"""> | Partner | National Tax - Partnership and Joint Ventures

Ernst & Young LLP

200 South Sixth Street, Suit= 1400, Minneapolis, Minnesota 55402, United States of America

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