EFTA01373614.pdf

From: Richard Kahn Sent: 12/6/2016 2:09:56 PM To: Stewart 0ldfield Subject: ISDA paper attached is comment from Darren (legal) after review of docs: Also, each of the four agreements in the section dealing with the "Effect of Termination" states that the respective rights and obligations of the parties under the ISDA or the Global master Repurchase Agreement cease, except as provided in the ISDA or the GMRA. I would like to speak with someone to explain what is intended by that provision. what rights and obligations do they believe survive as set forth in the ISDA or the GMRA? with whom should I speak? please advise thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York NY 10022 tel fax cell CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0067892 CONFIDENTIAL SDNY_GM_00214076 EFTA01373614