EFTA01583844.pdf

Francesco E To Charnel lambiror Wilacia/JPMCHASE cc taia Maureen E 06130:200811:47 AM bec Subject Re Power of Attorney for Epstein interest • Account numb.' Thanks. I will request the Trust POA from the client. Best Regards, Francesco E Vilacts JPMorgan Private Bank 500 Stanton Christiana Road Newark, Tesephonea. Fax JPMorgan Private Bank JPMorgan Private Sank 0 Chantea o a 0.170 Lambror.IPMCHASE To Francisco E VitaaskliniCHASECAIPMCHASE 06030/2008 11.40 AM cc Julie IA WociPMCHASE@JPMCHASE o ai s ylt Subject Power of Anceney for Epstein Interest - Account nurrber On Friday. we received an. Entity Power o' Attorney for the above referenced account whereby the current authorized account signer granted full authority to Darren K. Indyke and Harry I Beiler When reviewing the document and the account we noticed that the account documentation we have on file shows that the entity is governed by a :rust instrument Addbona.ly, when the authorized account signer executed the POA he indicated mat he is signing pursuant to his authonty as granted by the Trust Instrument and thereby executed the document as "trustee' Based upon this information, we believe that the correct form of POA to be used would have been the Trust POA. One of the main differences between the Entity and Trust POA is the language insetted below This language is important because it :s indicating that the trustee is responsible for ensuring he is authorized to grant authority and JPM will be held narmless and will be indemnified if there are issues that result from our relying upon this POA. I understand that fiduciaries generally may delegate discretionary authority only in limited circint documents establishing the fiduciary structure and relationship may Impose specific limitations or delegate. I represent to )PMorgan (as defined In Subdivision A below) that I am hilly authorized documents governing my fiduciary obligations to execute this Power of Attorney in the manner sh represent that I will continue to exercise full control over each account and each Attorney covert understand that )(Morgan is relying on these representations and I promise to hold harmless and as specified further below. Please review this with your team manager and/or banker to determine whether as a business you would prelet to redocument the authonty requested via an Entry POA or whether the business mil assume the risks associated with the existing documentation and ask AIO to make the updates accordingly. (Sahel P.,staptott VP • n a Puce n 4toi Snoton Orrularti Road Ekwitt. PPE irt 3 'a • Confidential Treatment Requested by JPMorgan Chase JPM-SDNY-00063565 EFTA01583844