Epstein Secrets

and loss allocable to the Member of the Company will continue to be included in the same filings under the same employer identification number with the Internal Revenue Service). Such assignment to another trust under such employee benefit plan or to any other employee benefit plan having the same sponsor will not be deemed

with their respective Investment Percentages and (B) 50% to the Managing Member, as a profits interest. In the discretion of the Managing Member, Carried Interest may be waived with respect to the investment of Affiliates of the Managing Member or their employees. The amounts apportioned to the Managing Membe

xempted limited partnership through which our managing partners and contributing partners hold their Apollo Operating Group units: ' IRS" refers to the Internal Revenue Service; "managing partners" refers to Messrs. Leon Black. Joshua Harris and Marc Rowan collectively and. when used in reference to holdings of interests in

s of December 31. 2011: Fund Fair Value Gain on Fair Value of Invesintenb and Invednienb/Net Income to ems. General Partner Matt Value as of Carried Interest ObliwitirmID December 31.2011 Into m e Threshold millsons) Fund VI SOMA 18.1 963.0'3' 111.8 Total 75.3 $ 9,267.512) $ 1.553.2 $ 93.4

hat, although the Partnership intends to adopt positions it believes are in accord with current interpretations of the U.S. federal income tax laws, the Internal Revenue Service ("IRS") may not agree with the tax positions taken by the Partnership and that, if challenged by the IRS, the Partnership's tax positions might not

25% to the General Partner ("Carried Interest"). Upon liquidation of the Fund, if the General Partner has received distributions on account of its Carried Interest in excess of the percentage of the Fund's cumulative net gain which has been allocated to the General Partner since inception (other than in respec