Message From: Stackman, Scott [xD | Sent: 2/26/2014 12:07:35 AM To: G Maxwell [GMax1@ellmax.com] Subject: RE: We will send you our thoughts tomorrow. Safe travels Scott L. Stackman Managing Director - Investments Private Wealth Advisor UBS Private Wealth Management 299 Park Avenue 25th Floor New York, NY. 10171 7 Cc eT http://financialservicesinc.ubs.com/team/stackmancasriel/ Please be advised that this e-mail is not an official transaction confirmation, The official confirmation of this transaction will be sent to you via regular mail. From: G Maxwell [mailto:GMax1@ellmax.com] Sent: Tuesday, February 25, 2014 12:04 PM To: Stackman, Scott Subject: Re: I am traveling currently and on the west coast. I am happy to look at Munis and don't meed to keep such a large cash balance. I like to keep a couple of million in cash and invest the rest slowly . Do send me options Thanks G FACEBOOK <https://www.facebook.com/TerraMarProject> TWITTER <http://twitter.com/terramarproject> G+ <https://plus.google.com/104195649525707945586/posts> PINTEREST <http://pinterest.com/terramarproject/> INSTAGRAM http://instagram.com/theterramarproject> PLEDGE <http://theterramarproject.org/#citizenship> THE DAILY CATCH <http://theterramarproject.org/thedailycatch/ From: Scott Stackman <> Date: Monday, February 24, 2014 19:47 PM To: gmax <gmax1@elimax.com>, "= ' < Subject: <no subject> How are you. We are putting together your proposal and wanted to connect with you on a few questions. CONFIDENTIAL UBSTERRAMARO0000193 EFTA00235922

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1- how much cash would you like to have on hand for your personal brokerage accounts. Currently you have 2.8 million in brokerage and 3.1 million in savings accounts 2- you mentioned that you are very conservative. Your asset allocation at JPM is currently 43 percent cash 35 percent equity and 22 fixed income. Let's discuss if this is optimal for you and if such a large cash balance is necessary. 3- we noticed that there is a very small allocation to Munis. Is that by design. If so yours or JPM decisions. Please let me know when you have a moment to discuss. Thank you ! Please visit our website at http://financialservicesinc.ubs.com/wealth/E-maildisclaimer.htm! for important disclosures and information about our e-mail policies. For your protection, please do not transmit orders or instructions by e-mail or include account numbers, Social Security numbers, credit card numbers, passwords, or other personal information. CONFIDENTIAL UBSTERRAMARO0000194 EFTA00235923