LeapFrog 2008 Annual Report Download - page 121

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an additional payment of approximately $1,400,000. Mounte LLC is indirectly controlled by Michael R. Milken,
Lowell J. Milken and Lawrence J. Ellison, who beneficially own shares representing, respectively, 31%, 16.8%
and 52.4% of our voting power. (For purposes of these percentages, which are determined in accordance with
SEC rules based on information furnished by each stockholder, shares representing 14.1% of our voting power
are considered beneficially owned by both Michael R. Milken and Lowell J. Milken.) In addition, Mr. Simon
serves as a director of Mounte LLC. In March 2006, the parties agreed to defer further discussion pending the
results of tax audits of Mounte LLC.
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