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Partners continue to share the operating income in such Heritage Funds in accordance with their historic ownership arrangement with respect to such Heritage Funds. Shareholders Agreement The Shareholders Agreement provides the Managing Partners with certain rights with respect to the approval of certa
have made in favor of Fund IV, Fund V and Fund VI for all interests that our Managing Partners and Contributing Partners have contributed or sold to the Apollo Operating Group. Amended and Restated Tax Receivable Agreement APO Corp. has entered into a tax receivable agreement with our Managing Partners and Contributing Pa
h is 60. "Equivalent Heritage Points" means, with respect to each Principal Group, the number of Heritage Points a Principal Group would own if the Heritage Points were allocated in accordance with the Sharing Percentages. Equivalent Heritage Points shall be adjusted pursuant to Section 2.3. "Equivalen
ered into the Principals Contribution Agreement (as defined herein) whereby the Principals and their Groups contributed certain equity interests in the Apollo Operating Group to Intermediate Holdings (as defined herein) and sold certain equity interests in the Apollo Operating Group to APO Corp. and APO LLC (each as defi
distributed their respective assets in accordance with their respective governing agreements and (ii) with respect to Heritage Points, the number of Heritage Points that would be distributable to a Principal Group assuming that the Partnership, Intermediate Holdings and any other Person that holds Herita
Intermediate Holdings and the Partnership. "Alternative Vesting" shall have the meaning set forth in Section 4.1(d). "AOG Unit' refers to a unit in the Apollo Operating Group, which represents one limited partnership interest in each of the limited partnerships that comprise the Apollo Operating Group and any equity secu
t interest were liquidated and distributed their respective assets in accordance with their respective governing agreements and (ii) with respect to Heritage Points, the number of Heritage Points that would be distributable to a Principal Group assuming that Holdings, Intermediate Holdings and any other
ered into the Principals Contribution Agreement (as defined herein) whereby the Principals and their Groups contributed certain equity interests in the Apollo Operating Group to Intermediate Holdings (as defined herein) and sold certain equity interests in the Apollo Operating Group to APO Corp. and APO LLC (each as defi
Entities connected to both Heritage and the Apollo Operating Group
Leon Black
PERSON
United States
LOCATIONWeiss
PERSONAda Clapp
PERSON
Eric Holder
PERSON
Exchange
ORGANIZATIONFund IV
ORGANIZATIONBRH Holdings GP
ORGANIZATIONCayman
LOCATIONJohn J. Suydam
PERSON
Samantha Power
PERSONElysium Management LLC
ORGANIZATION
Holdings
ORGANIZATIONthe State of New York
LOCATIONthe Southern District
LOCATIONLevin
PERSON
Apollo Global Management
ORGANIZATIONthe AOG Units
ORGANIZATION
Cayman Islands
LOCATIONthe Heritage Points
ORGANIZATION