<table><tr><th>From:</th><th>Richard Joslin</th></tr><tr><td>Sent:</td><td>Wednesday, December 3, 2014 5:46 PM</td></tr><tr><td>To:</td><td>Jeffrey E.</td></tr><tr><td>Subject:</td><td>FW: Elysium Management LLC: 401(k) Enrollment Information</td></tr></table>

My understanding from =ut conversation was that BW (from discussion with LDB) instructed EA to ma=e election for across the board contribution?

From: Sean Bayne imailto Sent: Wednesday, December 03, 2014 12:42 PM To: Richard Joslin Subject: RE: Elysium Management LLC: 401(k) Enrollment Information

Correct-The non-electi=e employer contribution is only for Non-Highly Compensated employees. = Thank you!

Sean Bayne

Retirement Plan Specialist-Ambrose<=pan style="font-size:10.0pt;font-family:"Arial",sans-serif;col=r:#7F7F7F">

(Direct)

<http://www.trinet.com/>

From: Richard Joslin [mailto Sent: Wednesday, December 03, 2014 12:34 PM To: Sean Bayne Subject: RE: Elysium Management LLC: 401(k) Enrollment Information

Please confirm that th= safe harbor non-elective employer contribution is only for eligible NON-H=GHLY compensated employees (ie HIGHLY COMP'd will not get employer 3= contribution)

Good afternoon,

My name is Sean Bayne. I am a Retirement Plan Specialist her= at Ambrose. I am pleased to announce that Elysium Management LLC ha= adopted the Ambrose 401(k) plan. The plan's effective date is 12/1/2014 —as such, you are eligible to contribute=to the plan beginning with the 12/15/2014 payroll.

9f you would lik= to enroll for the 12/15 payroll please do so by LOAM on 12/8. Other=ise, you are free to enroll at anytime.*

Enrollment and Account Information:=/u>

To enroll in 401k you should go to www.HRDataSystems.com <http:/=www.hrdatasystems.com/> and log-in to your Ambrose account. Once you log-=n, you will see a link for MassMutual RetireSmart on the homepage at the bottom. of the screen =nder "Direct Account Access." Click on this link and you will =e taken to the enrollment screen for MassMutual.

To elect an initial contribution rate, and select yo=r fund allocations from the choices offered through the Ambrose plan, simp=y follow the instructions on screen after you log-in.

You may elect to simply contribute to one fund via a=Pre-Tax deferral, or for more options you can follow the More Contribution=Investment Options link.

=/o:p>

You will then have the option of choosing to c=ntribute Pre-Tax or Roth funds to your 401(k) account.

After selecting your deduction rate you will then be=directed to choose your investment strategy. There are several optio=s: "...by Myself," "...by Risk" (which inc=udes a Risk Quiz), or "...by Age."

www.retiresmart.com, you can model or request a 401(k) loan, c=ange your deferral percentage, reallocate your 401(k) portfolio, check you= rate of return, or take advantage of a number of other features that MassMutual has made available online. = For additional information about the Ambrose Plan, please refer to t=e attached "Employee Memo."

401(k) Employer Contributions:

Beginning in 2015 Elysium Management LLC shall make a Safe Harbor =on-Elective Contribution on behalf of each eligible Non-highly Compensated=employee without regard to whether you elect to make 401(k) Contributions, in an amount equal to 3% of=your compensation, as defined under the Plan. This contribution is m=de on an annual basis and is fully vested. For more information=please see the attached Safe Harbor Notice.

Please let me know if you have any questions.=/b>

Sean Bayne

Retirement Plan Specialist-Ambrose<=pan style="font-size:10.0pt;font-family:"Arial",sans-serif;col=r:#7F7F7F">

(Direct)

<http://www.trinet.com/>