Epstein Secrets

GLDUS125 Gerald Ford Section 6: Summary of Terms and Conditions Glendower Capital Secondary Opportunities Fund IV, LP extended (i) by the Manager for up to three succe

efforts to conduct the affairs and operations of the Fund so as to limit investment in the Fund by "benefit plan investors" (within the meaning of Department of Labor regulations as modified by section 3(42) of ERISA) to less than 25% of each class of equity interests in the Fund. Each prospective investor subjec

GLOUSi26 Gerald Ford the "IRA owner" of such an individual retirement account), and (b) to the extent the Investor's Interest is being held by a custodian, (x) the Gene

the assets of such general account arc not considered to be plan assets within the meaning of Department of Labor Regulations Section 2510.3-101 or Department of Labor regulations issued pursuant to Section 401(c)( I )(A) of ERISA, or (b) the execution and delivery of this Agreement, and the acquisition and redemp

GLOUSI25 Gerald Ford of 1934; and/or (e) an independent fiduciary that holds, or has under management or control, total assets of at least $50 million (provided that th

the Code, or (b) is exempt from the prohibited transaction rules of Section 406(a) of ERISA and Section 4975(c)(1XA)—(D) of the Code by virtue of a Department of Labor Prohibited Transaction Class Exemption or some other exemption of such rules; (22) if the Investor is an employee benefit plan subject to the fidu

xpenses at any time, generally upon 12 business days' prior written notice. Confidential Private Placement Memorandum 37 EFTA01395958 GLDUS125 Gerald Ford Section 6: Summary of Terms and Conditions Glendower Capital Secondary Opportunities Fund IV, LP Investment Period The Fund's investment period w

ject to U.S. will be required to include in share of the items of income, gain, loss, and to what extent distributions are made EFTA01395976 of Department of Labor regulations as modified by section 3(42) of ERISA) to less than 25% of each class of equity interests in the Fund. Each prospective investor subje