EFTA00585170.pdf

SOUTHERN TRUST COMPANY, INC. 6100 Red Hook Quarter, B3 St. Thomas, USVI 00802 April , 2017 Leon Black do Elysium Management LLC 445 Park Avenue, Suite 1401 New York, NY 10022 INVOICE Amount due for financial strategy and planning services based upon proprietary formulas US $11,000,000.00 Please pay by electronic wire transfer Bank Name: Deutsche Bank Trust Company Americas ABA No.: 021001033 Account No.: 44129244 Account Name: Southern Trust Company, Inc. NOTICES AND DISCLAIMERS Southern Trust Company, Inc. does not in any way provide services as an -investment advisor', as such term is defined in and interpreted in accordance with the provisions of the Investment Advisors Act of 1940, as amended, the regulations promulgated thereunder, and the interpretive releases issued in connection therewith. Without limiting the generality of the foregoing, Southern Trust Company, Inc. does not hold itself out as being engaged in any business which directly or indirectly provides advice, recommendations, publications, writings, reports or analyses regarding any matter or thing which might cause it to be deemed an - investment advisor as such term is so defined, and no pan of any services or deliverables provided by Southern Trust Company, Inc. constitutes any advice, recommendations, publications, or writings whatsoever regarding: (a) the value of securities or the advisability of investing in, purchasing, or selling securities, (b) the relative advantages or disadvantages of investing in securities in general as compared to other investments; (c) any other matters relating to any specific securities or securities in general; (d) the selection of investment managers, or investment funds or entities; or (e) the allocation of certain percentages of assets to specific classes of securities, investment funds, or investment managers; or Many other activities matters similar to those set forth in clauses (a) through (c) above. All services and deliverables provided by Southern Trust Company, Inc. arc provided without warranty of any kind, and Southern Trust Company. Inc. expressly disclaims all representations, warranties, and guarantees with respect to any and all such services and deliverables, whether express or implied or statutory, including, but not limited to, the implied warranties of merchantability, of satisfactory quality, of fitness for a particular purpose and of accuracy. The use of any and all services and deliverables received from Southern Trust Company, Inc. is at the sole risk of the recipient, and the recipient assumes the full risk and responsibility for any and all actions and decisions taken, or omitted to be taken, by or on behalf of the recipient based upon or otherwise in connection with any such services and deliverables. Southern Trust Company, Inc. disclaims all liability for any loss the recipient may incur may incur as a result of any decisions or actions taken, or omitted to be taken, in connection with any and all such services and deliverables provided by Southern Trust Company, Inc. Southern Trust Company, Inc. shall not be liable for any injury, or any incidental, special, indirect or consequential damages whatsoever, arising out of or related to any services or deliverables provided by Southern Trust Company, Inc., however caused, regardless of the theory of liability (contract, tort or otherwise), and even if Southern Trust Company, Inc. has been advised of the possibility of such damages. Copyright of Southern Trust Company, Inc. - O 2017 Southern Trust Company. Inc. — All rights reserved. EFTA00585170