From: jeffrey E. <jeevacation@gmail.com>
Sent: Friday, July 24, 2015 5:54 PM
To: Richard Kahn
Subject: Re: boothbay

yes

On Fri, Jul 24, 2015 at 1:51 PM, Richard Kahn <████████████████████████> wrote:

are you still targeting 7mm additional inv=stment in boothbay for august 1st?
please advise
thank you=C2

Richard Kahn
HBRK Associates Inc.

New York, NY 10022
tel ██████████████████████████████████████

Begin forwarded message:

<iv style="margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:=px">From: "jeff=ey E." <mailto:jeevacation@gmail.com>>

Subject: Re: FW:

Date: June 29, 201= at 10:05:28 AM EDT

To: Ari Glass <redacted>, Richard Kahn <redacted>

ok

On Mon, Jun 29, 2015 at 10:=1 AM, Ari Glass <████████████████████
<mailto:██████████████████████████e:

Jeffrey,</>=>

If ok, we wo=ld like to call down the $25m on the following schedule.

<=>:

July 1 =$2= (if this notice is too late please let me know)

<= class="MsoNormal">August 1 =$7m<=u>

Sept 1 =$=.5m

Oct 1=$8.5m

Please let me know if this works.

Thanks

Ari=/u>

�=AO

From:=span style="font-size:10.0pt;font-family:"Tahoma","sans-s=ri""> jeffrey E. [mailto:jeevacation@gmail.com <mailto:jeevacation@gmail.com> ]
Sent: Tuesday, June 09, 2015 1:07 PM
To: Ari Glass
Subject: Re: FW:

<=u>

25

<u>On Tue, Jun 9, 2015 at 1:05 PM, An Glass</u> «= href="mailto

target="_blank"

Jeffrey,

Follow=ng up on email below and out last meeting. Do you arrive at a final =umber? And if so is it ok if I send a proposed “draw down=80 timeline? –meant to coincide with allocations we would make to most effectively put it to w=rk. I’m available if you have anything further to discuss.

Best regards

Ari

Ps- May finished up very well but June is=only very modestly positive as of right now.

=/p>

From:
Sent: Tuesday, May 26, 2015 10:58 AM
To: 'Jeffrey Epstein'
Subject:

It was good to see you las= week. Thanks for your time and you vote of confidence. The ad=itional capital will allow us to both lower fixed expenses as a percentage=of AUM, as well as to be able to allocate to some managers whose minimum for managed =ccounts exceeded my concentration risk tolerance. Regarding the $30-=0m, we will not have time to prepare to pull anything down for June 1, so =ill start small in July if that works for you. Once you know a more definitive amount in that range, we wi=l start speaking to some of those managers to negotiate allocation sizes, =tc. and prepare to take the money down over the following few months.</=>

Best regards

Ari

=/u>

Ari Glass

Boothbay Management<=u>

Managing Memb=r

810 7th Ave

| Bar | Label (visible) | Visual description | Numeric value (visible) |
|---|---:|---|---:|
| Left | "Suite 615" (text above) | Tall, nearly square vertical block | None visible |
| Right | No clear label (partial "26" near left) | Long horizontal rectangular block | Partial "26" visible (uncertain) |

The information contained in this e-mail and a=y attachments may be legally privileged, proprietary and/or confidential. =f you are not an intended recipient, you are hereby notified that any use,=copying, disclosure or distribution of all or any portion of this e-mail and any attachments is strictly prohibit=d. If you received this e-mail in error, please notify the sender, permane=tly delete the e-mail and any attachments, and destroy all hard copies imm=diately. This communication should not be regarded as an offer, solicitation or recommendation to sell or pur=hase any security or other financial product. Boothbay and its related ent=ties reserve the right to monitor and/or save all e-mail communications th=ough their networks.

plea=e note

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Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com <mailtcyjeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved

The information contained in this e-mail and any attachments may be legally=privileged, proprietary and/or confidential. If you are not an intended re=ipient, you are hereby notified that any use, copying, disclosure or distr=bution of all or any portion of this e-mail and any attachments is strictly prohibited. If you received th=s e-mail in error, please notify the sender, permanently delete the e-mail=and any attachments, and destroy all hard copies immediately. This communi=ation should not be regarded as an offer, solicitation or recommendation to sell or purchase any security =r other financial product. Boothbay and its related entities reserve the r=ght to monitor and/or save all e-mail communications through their network=.

=C2

please note

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=A0 please note

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Unauthorized =se, disclosure or copying of this communication or any part thereof is =trictly prohibited

and may be unlawful. If you have received this

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