EFTA Document EFTA01392313

GLDUS1 28 Patrick Gerschel Proprietary and Confidential 11.7 LOOK-THROUGH TREATMENT. Notwithstanding anything to the contrary in this Agreement, the General Partner may, in its sole discretion, apply any provision of this Agreement to the limited partners of a Feeder Fund on a look- through basis, as if such limited partners had a direct interest in the Partnership. ARTICLE 12 - EXCULPATION AND INDEMNIFICATION 12.1 EXCULPATION. 12.1.1 General. No Covered Person, whether or not such Per