EFTA01188785.pdf

From: "Fenn, Patrick" To: " " <jeevacation@gmail.com> Subject: Fw: Fw: FW: Early Termination Calculation Date: Mon, 27 May 2013 12:56:01 +0000 Attachments: Attachments.zip Inline-Images: ATT00001.giE ATT00002.gif Thought I had forwarded this last week. Apologies. I'll put some thoughts down re candidate solutions. Let me do that while I'm in Europe and we can speak later in the week. That ok? From: [mallto: Sent: Monday, May 20, 2013 08:26 PM To: Fenn Patrick Cc: Subject: Re: Fw: FW: Early Termination Calculation Hi Patrick, Attached are models at the requested $30 and $35 per share value. Thanks, Brian Brian Knudson I Partner I National Tax - Partnership and Joint Ventures Ernst & Young LLP ERNST&YOUNG 200 South Sixth Street, Suite 1400. Minneapolis, Minnesota 55402. United States of America Office: Mobile: Website: vnrw.ey.com Assistant: Lenora Wald I Phone: + 1 Thank you for considering the environmental impact of printing emails. From: "Fenn, Patrick' < > To: Date: 0512O2013 02:17 PM Subject: Fw: FW: Early Termination Calculation Hi Brian. Additional requests from Epstein. Rest -- you can ignore for now -- is about the Tufts gain stuff that he's now focused on. Thanks From: Jeffrey Epstein Itailbo:jeevacationegmail.com EFTA01188785 Sent: Monday, May 20, 2013 08:19 AM To: Fenn, Patrick Subject: Re: FW: Early Termination Calculation could they run the calcuations at a 30 and 35 dollar price for apo , thanks, also have you given tought to refreshing the basis in amh.? new loan,? partnership, guaranteed either payments or assignment of tra in whole? On Mon, May 20, 2013 at 7:46 AM, Fenn, Patrick < > wrote: Jeffrey, Calculation from Brian Knudson at E&Y. Note that this relates only to the unexchanged units, and does not include the existing TRA payments. Regards Hi Patrick, Attached is the calculation that we put together for Leon. As we discussed, this only calculates the estimated early termination payment with respect to the APP units held by Leon - it does not yet calculate the estimated early termination payment with respect to remaining TRA benefits related to the 2007 exchange. I have added an assumptions tab to the workbook outlining many of the items that we discussed. Thanks, Brian Brian Knudson I Partner I National Tax - Partnership and Joint Ventures IIII elERNST&YOUNG Ernst & Young LLP 200 South Sixth Street. Suite 1400. Minneapolis. Minnesota 55402. United States of America Office: I Mobile: Website: www.ey.com Assistant: Lenora Wold I Phone: + 1 Thank you for considering the environmental impact of printing emails. Any U.S. tax advice contained in the body of this e-mail was not intended or written to be used, and cannot be used, by the recipient for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code or applicable state or local tax law provisions. The information contained in this message may be privileged and confidential and protected from disclosure. If the reader of this message is not the intended recipient, or an employee or agent responsible for delivering this message to the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited. If you have received this communication in error, please notify us immediately by replying to the message and deleting it from your computer. Notice required by law: This e-mail may constitute an advertisement or solicitation under U.S. law, if its primary purpose is to advertise or promote a commercial product or service. You may choose not to receive advertising and promotional messages from Ernst & Young LLP (except for Ernst & Young Online and the ey.com website, which track e-mail preferences through a separate process) at this e-mail address by forwarding this message to no-more-mail@gy.com. If you do so, the sender of this EFTA01188786 message will be notified promptly. Our principal postal address is 5 Times Square, New York, NY 10036. Thank you. Ernst & Young LLP IRS Circular 230 Notice Requirement: This communication is not given in the form of a covered opinion, within the meaning of Circular 230 issued by the United States Secretary of the Treasury. Thus, we are required to inform you that you cannot rely upon any tax advice contained in this communication for the purpose of avoiding United States federal tax penalties. In addition, any tax advice contained in this communication may not be used to promote, market or recommend a transaction to another party. The information contained in this e-mail message is intended only for the personal and confidential use of the recipient(s) named above. If you have received this communication in error, please notify us immediately by e- mail, and delete the original message. The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein 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, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved IRS Circular 230 Notice Requirement: This communication is not given in the form of a covered opinion, within the meaning of Circular 230 issued by the United States Secretary of the Treasury. Thus, we are required to inform you that you cannot rely upon any tax advice contained in this communication for the purpose of avoiding United States federal tax penalties. In addition, any tax advice contained in this communication may not be used to promote, market or recommend a transaction to another party. The information contained in this e-mail message is intended only for the personal and confidential use of the recipient(s) named above. If you have received this communication in error, please notify us immediately by e- mail, and delete the original message. Any U.S. tax advice contained in the body of this e-mail was not intended or written to be used, and cannot be used, by the recipient for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code or applicable state or local tax law provisions. The information contained in this message may be privileged and confidential and protected from disclosure. If the reader of this message is not the intended recipient, or an employee or agent responsible for delivering this message to the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited. If you have received this communication in error, please notify us immediately by replying to the message and deleting it from your computer. Notice required by law: This e-mail may constitute an advertisement or solicitation under U.S. law, if its primary purpose is to advertise or promote a commercial product or service. You may choose not to receive advertising and promotional messages from Emst & Young LLP (except for Ernst & Young Online and the ey.com website, which track e-mail preferences through a EFTA01188787 separate process) at this e-mail address by forwarding this message to no-more-mail@ey.com. If you do so, the sender of this message will be notified promptly. Our principal postal address is 5 Times Square, New York, NY 10036. Thank you. Ernst & Young LLP IRS Circular 230 Notice Requirement: This communication is not given in the form of a covered opinion, within the meaning of Circular 230 issued by the United States Secretary of the Treasury. Thus, we are required to inform you that you cannot rely upon any tax advice contained in this communication for the purpose of avoiding United States federal tax penalties. In addition, any tax advice contained in this communication may not be used to promote, market or recommend a transaction to another party. The information contained in this e-mail message is intended only for the personal and confidential use of the recipient(s) named above. If you have received this communication in error, please notify us immediately by e-mail, and delete the original message. EFTA01188788