<table><tr><th>From:</th><th>Heather Gray</th></tr><tr><td>Sent:</td><td>Thursday, August 14, 2014 3:26 PM</td></tr><tr><td>To:</td><td>jeffrey E.</td></tr><tr><td>Subject:</td><td>RE: Schwitters agreement and summary</td></tr></table>

Correct, the LLC will pay use tax on the purchase of the Schwitters, not sales tax. I'll change it in the agreement.

From: jeffrey E. [mailto:jeevacation@gmail.comj Sent: Thursday, August 14, 2014 11:24 AM To: Heather Gray Subject: Re: Schwitters agreement and summary

no sales tax, use tax

On Wed, Aug 13, 2014 at 6:14 PM, Heather Gray ██████████████████████████████████████ wrote:

Jeffrey,

Attached is a draft of the proposed LLC agreement with Ronald Lauder for the Schwitters and a summary of the agreement. I also emailed both documents earlier this evening to Melanie for Leon's review.

Please let me know if you have any questions or comments on the proposed agreement.

Thanks and have a nice evening,

Heather

Heather Gray

Elysium Management LLC

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