From: Heather Gray <=1MI Sent: Wednesday, August 13, 2014 10:15 PM To: Jeffrey Epstein (jeevacation@gmail.com) Cc: Eileen Alexanderson; Ada Clapp Subject: Schwitters agreement and summary Attachments: Operating Agreement of Friends Ventures LLC 8.13.14 draft.pdt Summary of Friends Ventures LLC Agreement.pdf Jeffrey, Attached is a draft of the proposed LLC agreement wi=h Ronald Lauder for the Schwitters and a summary of the agreement. l=also emailed both documents earlier this evening to Melanie for Leon'=s review. Please let me know if you have any questions or comm=nts on the proposed agreement. Thanks and have a nice evening, Heather Heather Gray Elysium Management LLC New York, New York 10022 Direct Dial: 1 EFTA_R1_02160668 EFTA02717234