EFTA00981228.pdf

From: Jeffrey Epstein <[email protected]> To: Mortimer Zuckerman Subject: Re: Date: Thu, 16 Jan 2014 17:15:00 +0000 understood . my fee is normally 40 million, as i discussed. the twenty you agreed to , was your suggestion and I agreed on tetjes urging. you had said twenty with one million going to terje. In the past I had offered a perfortnnace based fee, but it would end up being a much higher amount. As you have come to realize , I can do it. It will take a good deal of time people and organization. however tax based performance fees are legally problematic. that being said , I really appreciate your note. I have asked Ellen to call Alan Halperein to confirm my fee is the same as others similarly situated. I am a friend first , second and third, You are little further ahead than six months ago.not withstanding some of ellens clean up. what remains is . the bigger issues predominatley discovered by me and my team. I understand your emotional hurdle with respect the fees however , if you look at your overall portfolio , you have paid more for much less. I have given you my best advice to date, on multiple occasions. I know you can't do it alone. you know, it . It is a sophisticated problem. Im not sure why you are unwilling to bite the bullet. , the lack of progress to date , is a shame. LEts speak I hate email , and as you can see I don't type well On Thu, Jan 16, 2014 at 12:11 PM, Mortimer Zuckerman > wrote: Dear Jeffrey, To be candid, this whole issue between us is becoming problematic and I am unhappy that it has become an Issue. I too cherish our friendship. I do feel uncomfortable at this stage of the game, and I did feel so when you asked for 75% of the fee "up front." I mentioned to you that to me, that does not resolve the issue. I was looking for some basis on which there would be a performance fee that would reflect some of the things that have to be done. I don't disagree with some of the things you say but I am not yet comfortable with how this deal should be structured and what I should look for in terms of performance. I don't want this to damage our relationship but to enhance it and I don't quite know how to do this. It can't be on the basis of "this is what I said to you the last time" or what we talked about in the broadest terms, and didn't understand or agree on the performance standard. Best, Mort This message is a private communication and is intended only for the named addressee. It may contain information which is confidential, proprietary andlor privileged under applicable law. If you are not the designated recipient. you may not review. copy or distribute this message. If you receive this message in error. please notify the sender by reply e-mail and delete this message from your system. Thank you. EFTA00981228 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 [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00981229