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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
erest in Heritage Points will be further debited by the amount of such excess and the amount so debited shall be reallocated to the JH Group and/or MR Group as applicable. (c) If new AOG Units or equity interests in the Apollo Operating Group are issued to any Person (e.g., issuances to Apollo to refle
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
terest in Heritage Points will be further debited by the amount of such excess and the amount so debited shall be reallocated to the JH Group and/or MR Group as applicable. (c) If new AOG Units or equity interests in the Apollo Operating Group are issued to any Person (e.g., issuances to Apollo to refle
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
erest in Heritage Points will be further debited by the amount of such excess and the amount so debited shall be reallocated to the JH Group and/or MR Group as applicable. (c) If new AOG Units or equity interests in the Apollo Operating Group are issued to any Person (e.g., issuances to Apollo to refle
Entities connected to both New York State and MR Group

United States
LOCATIONLeon Black
PERSONthe Southern District
LOCATIONthe State of New York
LOCATIONWeiss
PERSONLevin
PERSON
Eric Holder
PERSONCayman
LOCATION
Exchange
ORGANIZATION
the United States District Court
ORGANIZATION
Apollo Global Management
ORGANIZATION
Holdings
ORGANIZATIONApollo Management Holdings
ORGANIZATIONHarrah
ORGANIZATIONthe Tax Receivable Agreement
ORGANIZATIONthe Forfeited Interests
ORGANIZATION
Cayman Islands
LOCATIONApollo Co-Investors III
ORGANIZATIONApollo Asia Co-Investors Offshore
ORGANIZATIONRS Movie Holdings
ORGANIZATION