<table><tr><th>From:</th><th>Richard Kahn</th></tr><tr><td>Sent:</td><td>Saturday, May 23, 2015 823 AM</td></tr><tr><td>To:</td><td>jeffrey E.</td></tr><tr><td>Subject:</td><td>Re: projected residential and personal costs</td></tr></table>

Not sure why=payroll not included in household.

760 park m=intenance seems very high unless Leon owns two floors. Real estate taxes ar= also in maintenance and should be broken out.

No Jewelry in personal or is that done by Melanie.

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Was townhouse a 2015 purchase? Re taxes should be in 2015 pro=ections as they must be at least 150,000

Transfers=to children seems low?

Automobile expense seems lo= especially if that amount was for a new car purchase.

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Helicopter charter to Bedford or Hamptons??

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Do household costs include any major capital improvements? <=div>

With so few categories for households do not feel c=mfortable figures are accurate..

Richard K=hn
HBRK Associates Inc.
575 Lexington Avenue, 4th Floor
=div>New York, NY 10022
Tel
Fax
Cel

On May 22, 2015, at 1=:56 PM, jeffrey E. <jeevacation=gmail.com <mailto:jeevacation@gmail.com» wrote:

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From: ████████████████████████████████████████████

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Attached are schedules of 2014 costs - resident=al/ household (no labor costs) - $3.7 million and personal/ ent=rtainment costs (including Melanie payments) - $4.3million including $1.1mirlion for a party.

I used $6.4million (annualized) as a place holder for=personal and residential costs and I have $5million (annualized) in Melanie=expenditures. Since some personal expenditures are paid by Mela=ie, I made the $6.4million in so that this line could track to what TPS was funding each month. And to track wha= I fund Melanie and track what she spends, a portion is gifts and a p=rtion is personal/ LDB discretionary. Again, as I see mon=hly expenditures, the MS disbursements line equates to the costs paid by MS and the residential/ personal line equates to the cost= paid by MS.

=nbsp;

Richard Joslin

CFO

Elysium Management LLC

445 Park Ave

Ste. 1401

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

The image shows four entities (w,c,=,f,=) against a black background.

please note

Th= information contained in this communication is confidential, may be att=rney-client privileged, may constitute inside information, and is intend=d only for the use of the addressee. It is the property of

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JEE

Una=thorized use, disclosure or copying of this communication or any part th=reof is strictly prohibited and may be unlawful. If you have received th=s communication in error, please notify us immediately by return e-ma=l or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copie= thereof, including all attachments. copyright -all rights reserved <=div>

<personal costs and var=ous melanie payments FY 2014.pdf>

<residential fy 2014 per TPS.pdf>

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