EFTA Document EFTA01386689

GLDUS238 SOUTHERN FINANCIAL LLC Glendower Capital Secondary Opportunities Fund IV. LP Appendix 4 Key Definitions 25° Test As defined in Section 9 Certain Legal. ERISA and Tax Considerations. Administration Agreement The administrative services agreement to be entered into at or around the date of the First Closing, among the Administrator and the Fund. Advance An amount equal to 9999% of a Limited Partner's Commitment which may be drawn down from time to time in the form of advances t