Epstein Secrets

payable, if any, as a result of the receipt of such Forfeited Interests and Heritage Points, calculated based on the maximum combined U.S. federal, New York State and New York City tax rate applicable to individuals. Transfers pursuant to this Section 4.1(d) shall not increase a Principal Group's number of Tr

e the meaning set forth in Section 4.1(O. "Forfeiting Principal" shall have the meaning set forth in Section 4.1(a). "Forfeiture Date" means, as to the Forfeited Interests to be forfeited within Holdings for the benefit of the Continuing Principals, the date which is the earlier of (i) the date that is six (6) months

payable, if any, as a result of the receipt of such Forfeited Interests and Heritage Points, calculated based on the maximum combined U.S. federal, New York State and New York City tax rate applicable to individuals. Transfers pursuant to this Section 4.1(d) shall not increase a Principal Group's number of Tr

the meaning set forth in Section 4.1(al. "Forfeiting Principal" shall have the meaning set forth in Section 4.1(a). "Forfeiture Date" means, as to the Forfeited Interests to be forfeited within Holdings for the benefit of the Continuing Principals, the date which is the earlier of (i) the date that is six (6) months

ved by him as are required to pay taxes payable as a result of the receipt of such interests. calculated based on the maximum combined U.S. Federal. New York State and New York City tax rate applicable to individuals: and. provided further. that each managing partner who is not required to pay taxes in the appl

e. pro rata based upon their relative Sharing Percentages. For the purposes of the Agreement Among Managing Partners. 'Forfeiture Date" means, as to the Forfeited Interests to be forfeited within Holdings for the benefit of the continuing managing partners. the date which is the earlier of (0 the date that is six months

quired to pay Taxes payable, if any, as a result of the receipt of such forfeited interests, calculated based on the maximum combined U.S. federal, New York State and New York City tax rate applicable to individuals. Transfers pursuant to this Section 4.2 shall not increase a Principal Group's number of Trans

the meaning set forth in Section 4.1(a). "Forfeiting Principal" shall have the meaning set forth in Section 4.1(a). "Forfeiture Date" means, as to the Forfeited Interests to be forfeited within Holdings for the benefit of the Continuing Principals, the date which is the earlier of (i) the date that is six (6) months