EFTA02393682.pdf

From: Barry J. Cohen Sent: Monday, June 19, 2017 10:33 PM To: Leon Black Cc: jeffrey E.; John Castrucci Subject: Plane: Divider, Internet, Avionics Divider. It costs about $400K, and the =wner has already put down a substantial deposit and scheduled the work. Internet. The plane has standard high s=eed Internet. The owner offered to install super high speed Ka-band,=but it costs $800K to install and can cost tens of thousands of dollars pe= month to operate. To show our serious intent, and to move things along, we told them not to bother. We'd rat=er reduce the purchase price and then install it later if we want it. = Very easy to reverse that decision, though. Avionics. The plane's avionics ar= state of the art, except it doesn't have ADS-B avionics. This=technology came out 9 months ago. We would have to install it by 202=. Barry J. Cohen = I Elysium Management,=LLC I 1 EFTA_R1_01422455 EFTA02393682