From: Richard Joslin
Sent: Friday, December 19, 2014 3:08 PM
To: jeffrey E.
Subject: FW: Warrent street

Insanity....i ask = question in person and an email chain ensues...and a snappy ans=er with no specifics.

From: Ada Clapp
Sent: Friday, December 19, 2014 9:52 AM
To: Richard Joslin; Eileen Alexanderson
Subject: RE: Warrent street

Eileen thanks for answ=ring my question as to "why" Rich was asking about the closing=date—(re timing of cash flow to the trust for the Phaidon loan).&nbs=; Rich, best we can say right now is sometime in January but we may be able to narrow it down more when we hear back from the broker.

From: Richard Joslin
Sent: Friday, December 19, 2014 9:37 AM
To: Ada Clapp
Cc: Eileen Alexanderson
Subject: RE: Warrent street

I understand there was=a delay in the closing. Or perhaps I heard incorrectly. Please give =est estimate as to date of closing. Thanks

From: Ada Clapp
Sent: Friday, December 19, 2014 9:25 AM
To: Richard Joslin
Cc: Eileen Alexanderson
Subject: Warrent street

Hi—why are you asking about timing of closing =it will definitely be in 2015)? I want to make sure I get the info y=u need.

Ada Clapp

Chief Legal Officer

Elysium Management LLC

445 Park Avenue

Suite 1401

<u>New York, New York 10022</u>

This communication and any attachment is for the =ntended recipient(s) only and may contain information that is privileged, =onfidential and/or proprietary. If you are not the intended reci=ient, you are hereby notified that further dissemination of this communication and its attachments is prohibited.&nbs=; Please delete all copies of this communication and its attachments and n=tify me immediately that you have received them in error. Thank you..nbsp;