From: Paul Barrett Sent: Wednesday, June 13, 2018 4:26 PM To: Jeffrey E. Subject: RE: Paul Thanks Let me know what time. Paul Barrett Alpha Group Capital LLC 142 W 57th Street, 11th Floor, New York, NY 10019 From: jeffrey E. <jeevacation@gmail.com> Sent: Wednesday, June 13, 2018 12:19 PM To: Paul Barrett Subject: Re: Paul monday new york. I am very sensitvie to the move you made On Wed, Jun 13, 2018 at 12:12 PM, Paul Barrett wrote: Hi Jeffrey Can we meet tomorrow in Palm Beach at 6pm? EFTA_R1_01847828 EFTA02629390 I left a great career at JPM to work with you and need to make this partnership work. I clearly should have scheduled monthly calls with you to discuss the portfolio and get your input. For that I am very sorry. What I need is a clear understanding of your expectations and risk tolerance. We made a lot of money working together over the years and I strongly believe that this can continue. Best, Paul Paul Barrett Alpha Group Capital LLC 142 W 57 <https://maps.google.com/?q=142+W+57&entry=gmail&source=g> th Street, 11th Floor, New York, NY 10019 1111111111 From: jeffrey E. <jeevacation@gmail.com <mailto:jeevacation@gmail.com» Sent: Wednesday, June 13, 2018 11:12 AM To: Paul Barrett Subject: Fwd: Paul >; Richard Kahn it appears in rough numbers that without paul invovlment we would be up approx . 2 m. and now we are roughly breakeven in cludes 1 million loan plus 900k beforre tax income, . very very disappointing. positions are sized incorrectly, sector investing ,makes no sense , it is individual stocks that make money, balanced sector is silly, unless instituional. . ideas are firm wide. handouts to ohio butchers. . little trader input. selective trades in what has been the best trading environment in years. volatitly, currrencies. alternatives. . not sue how to proceed. 2 EFTA_R1_01847829 EFTA02629391 Forwarded message From: Richard Kahn Date: Wed, Jun 13, 2018 at 10:04 AM Subject: Paul To: "jeffrey E." <jeevacation@gmail.com <mailto:jeevacation@gmail.com» i used august and september 2017 equities as a starting point and was able to create the following: please note 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 JEE 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 <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved 3 EFTA_R1_01847830 EFTA02629392