EFTA00621265.pdf

A. General Principles 1. Family o ce, pursuant to administrative service agreements ("ASAs"), is to provi4 administrative assistance to facilitate trust administration. 2. Trusts e to pay fees to the family office at a fixed rate, plus additional fees for pecial projects. 3. Discre • nary authority over investments and distributions generally is to remain th Trustees. 4. Leon, pr uant to an investment advisory agreement, may provide investme t advice and have investment authority within the scope of the/ / agreeme4 (5> (C-7 i 4)-e It A 2 r f4x14.41-1 r 1,„• e lier 1.1M 4111‘.. hc' S ,..4 1‘ f I (e. B. Services to be Provided under the ASAs s. Al 1 1. Bookkeeping and Reporting (a) Maintaining books and records relating to trusts, investments, partnerships and accounts. (b) Maintaining tax information, including cost basis. (c) Preparing financial statements. (d) Arranging for, and reviewing, valuations. (e) Providing information to comply with Apollo and securities law reporting. (0 Assisting tax filings. (g) Providing support in connection with any audit. (h) Assisting in the preparation of accountings. 2. Monitoring Trust Activity Assisting in GRAT annuity payments. Ensuring interest and principal payments on promissory notes are timely made. Confirming the validity of, and ensuring the trusts timely meet, all capital calls. Accounting for all investment revenues including dividends, distributions and refunds. EFTA00621265  2 (e) Developing budget for townhouse and coordinating allocation of expenses. 3. Managing Cash (a) Assisting in the daily management of cash. (b) Handling authorized transfer of cash between accounts as necessary. (c) Facilitating authorized distributions. (d) Arranging for payment, as authorized, of invoices. 4. Interracting with Outside Professionals (a) Coordinating services among outside professionals, as directed by Trustees. (b) Monitoring work. (c) Reviewing invoices. (d) Reviewing agreements. 5. Investments (a) Reviewing and analyzing investment opportunities. (b) Preparing reports with respect to investment—related matters. (c) Coordinating execution of subscription agreements. 0 h.; (cI)—tAssistin ve opmen tines - (e) Monitoring performance. 6. Insurance (a) Assisting in obtaining and maintain appropriate insurance. (b) Comparing competitive bids and negotiating terms of insurance. 7. Special Projects EFTA00621266  3 D. ASA Terms and Fees 1. Term (a) May be terminated by either the family office or the Trustees with _ days notice. (b) May be terminated by both parties upon mutual agreement. 2. Fees (a) A stated amount, paid quarterly, for services falling within schedule of services. (b) Adjustments to stated fee (annually), either based on re-assessment of experience or indexed for inflation. (c) Special projects to be an additional charge, either at another fixed fee (to be determined at the time) or blended hourly rate. E. Confidentiality Provisions F. Separate Investment Advisory Agreement with Leon 1. Specified amount. 2. Specified investment class. 3. Authority to transact business within scope of investment advisory agreement. 4. Reporting. 5. Term. (a) May be terminated by either party with days notice. (b) May be terminated by both parties with mutual agreement. (c) No fee. EFTA00621267