EFTA02517334

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From: Ada Clapp < Sent: Friday, October 17, 2014 1:29 PM To: jeffrey E. Subject: RE: FW: Promissory Notes Required Sorry but I don't understand your answer. Do you mean: * Note from Leon to LDB 2011 LLC for $2,903,392.0O should have a 3 year term with interest at .38%, interest to be paid annually? • Note from BFP to Leon for $10,400,00O should have a 9-year term with interest at 2.2%, interest to be paid annually? Thanks. Ada Clapp Chief Legal Officer Elysium Management LLC Suite 1401 New York, New York 10022 Direct Dial: Fax: Email: <mailto This communication and any attachment is for the intended recipient(s) only and may contain information that is privileged, confidential and/or proprietary. If you are not the intended recipient, you are hereby notified that further dissemination of this communication and its attachments is prohibited. Please delete all copies of this communication and its attachments and notify me immediately that you have received them in error. Thank you. EFTA_R1_01652569 EFTA02517334 From: jeffrey E. [mailto:[email protected]] Sent: Friday, October 17, 2014 9:10 AM To: Ada Clapp Subject: Re: FW: Promissory Notes Required ok to both On Fri, Oct 17, 2014 at 9:03 AM, Ada Clapp < <mailto » wrote: Hi Jeffrey, I received the below email from Rich D. Please let me know: what interest rate you would like to use for each note; (ii) whether interest will be paid annually or whether unpaid accrued interest wil