Trust Under Article 2 of the Zinterhofer 2008 Descendants Trust Agreement Sample Contracts

TRANSFER AGREEMENT
Transfer Agreement • June 3rd, 2010 • Trust Under Article 2 of the Zinterhofer 2008 Descendants Trust Agreement • Perfumes, cosmetics & other toilet preparations • New York

This Transfer Agreement dated May 25, 2010 (this “Agreement”) is entered into by and among (i) Aerin Lauder Zinterhofer, in her individual capacity (“ALZ”), (ii) Richard D. Parsons, solely in his capacity as trustee of the Aerin Lauder Zinterhofer 2000 Revocable Trust referred to below (“Purchaser”), (iii) Aerin Lauder Zinterhofer and Jane Lauder, solely in their capacity as trustees of the trust under Article 2 of The Zinterhofer 2008 Descendants Trust Agreement referred to below (“Sellers”), and (iv) Aerin Lauder Zinterhofer, solely in her capacity as trustee of the trust created under The Aerin Lauder Zinterhofer 2008 Grantor Retained Annuity Trust Agreement referred to below (the “GRAT Trustee”).

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