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sd-10-EFTA01354096Dept. of JusticeOther

EFTA Document EFTA01354096

GLOUS143 Henry Nicholas Proprietary and Confidential 6.3.2 Default 17 6.3.3 Bifurcated Default. 20 6.3.4 Assignment of Partner Contributions. 20 ARTICLE 7 - DISTRIBUTIONS.. —.21 7.1 Amount. Timing and Form 21 7.1.1 General. 21 7.1.2 Distribution of Proceeds of Investments 21 7.2 Discretionary Distributions. 21 7.2.1 General. 21 7.2.2 Operational Rules 22 7.3 Special Distributions. 22 7.4 Payment of Taxes 22 7.4.1 General. 22 7.4.2 Tax Liability 23 7.4.

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Dept. of Justice
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sd-10-EFTA01354096
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GLOUS143 Henry Nicholas Proprietary and Confidential 6.3.2 Default 17 6.3.3 Bifurcated Default. 20 6.3.4 Assignment of Partner Contributions. 20 ARTICLE 7 - DISTRIBUTIONS.. —.21 7.1 Amount. Timing and Form 21 7.1.1 General. 21 7.1.2 Distribution of Proceeds of Investments 21 7.2 Discretionary Distributions. 21 7.2.1 General. 21 7.2.2 Operational Rules 22 7.3 Special Distributions. 22 7.4 Payment of Taxes 22 7.4.1 General. 22 7.4.2 Tax Liability 23 7.4.

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GLOUS143 Henry Nicholas Proprietary and Confidential 6.3.2 Default 17 6.3.3 Bifurcated Default. 20 6.3.4 Assignment of Partner Contributions. 20 ARTICLE 7 - DISTRIBUTIONS.. —.21 7.1 Amount. Timing and Form 21 7.1.1 General. 21 7.1.2 Distribution of Proceeds of Investments 21 7.2 Discretionary Distributions. 21 7.2.1 General. 21 7.2.2 Operational Rules 22 7.3 Special Distributions. 22 7.4 Payment of Taxes 22 7.4.1 General. 22 7.4.2 Tax Liability 23 7.4.3 Partnership Obligation 23 7.5 Certain Distributions Prohibited 23 ARTICLE 8 - CAPITAL ACCOUNTS; ALLOCATIONS 23 8.1 Capital Accounts. 23 8.1.1 Creation and Maintenance 23 8.1.2 Timing of Allocations. 24 8.1.3 Compliance with Treasury Regulations 24 8.2 Allocations of Net Gain or Loss. 24 8.2.1 Net Gain and Net Loss. Generally 24 8.2.2 Special Allocations of Items of Loss or Deduction 25 8.2.3 Allocations Following a Default 25 8.3 Other Specially Allocated Items 25 8.4 Admission of Additional Partners. 25 ARTICLE 9- DURATION OF THE PARTNERSHIP 26 9.1 Term of Partnership 26 9.2 Dissolution Upon Withdrawal of General Panner 26 9.3 Dissolution by the General Partner 26 ARTICLE 10 - LIQUIDATION OF ASSETS ON DISSOLUTION 26 10.1 General. 26 10.2 Liquidating Distributions 26 10.3 Expenses of Liquidator 27 10.4 Duration of Liquidation. 27 10.5 Liability for Returns 27 10.5.1 General. 27 10.5.2 Limited Partner Obligations. 27 ARTICLE 11- LIMITATIONS ON TRANSFERS AND WITHDRAWALS 27 11.1 Transfers of Limited Partnership Interests. 27 11.1.1 General. 27 11.1.2 Consent of General Partner. 28 11.1.3 No Public Trading in Partnership Interests 28 11.1.4 No Recognition of Certain Transfers 28 11.1.5 Required Representations by Parties. 28 11.1.6 Other Prohibited Legal Consequences. 29 11.1.7 Opinion of Counsel. 30 11.1.8 Reimbursement of Transfer Expenses. 30 11.2 Admission of Substituted Limited Partners 30 11.2.1 General. 30 rilendmwr Access Seconder,: Opportunities IV (U.S.), L.P. 11 Amended and Rattled Limited Partnership Agreanal CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0038690 CONFIDENTIAL SDNY GM_001 84874 EFTA01354096

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