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mean an amount equal to the fair market value of a 34.53% limited partnership interest in the Partnership as of December 4, 2013, as determined by Empire Valuation Consultants. d. The words "In-Kind Annuity Amount" shall mean an amount equal to the Annuity Amount reduced by the Cash Distribution. 4. The Assignee is ent
r that the transferee of such interest shall become a partner and a substituted limited partner of the Partnership only with the written consent of Black Family GP, LLC, the general partner (the "General Partner") of the Partnership and upon such transferee's assumption of the terms and conditions of the Partn
mean an amount equal to the fair market value of a 34.53% limited partnership interest in the Partnership as of December 4, 2013, as determined by Empire Valuation Consultants. NO: USI:10362175v3 EFTA00601114 b. The words "Cash Distribution" shall mean the sum of Two Million Seventy-Five Thousand Two Hundred Forty-Nin
r that the transferee of such interest shall become a partner and a substituted limited partner of the Partnership only with the written consent of Black Family GP, LLC, the general partner (the "General Partner") of the Partnership and upon such transferee's assumption of the terms and conditions of the Partn
mean an amount equal to the fair market value of a 34.53% limited partnership interest in the Partnership as of December 4, 2013, as determined by Empire Valuation Consultants. d. The words "In-Kind Annuity Amount" shall mean an amount equal to the Annuity Amount reduced by the Cash Distribution. 4. The Assignee is ent
r that the transferee of such interest shall become a partner and a substituted limited partner of the Partnership only with the written consent of Black Family GP, LLC, the general partner (the "General Partner") of the Partnership and upon such transferee's assumption of the terms and conditions of the Partn
mean an amount equal to the fair market value of a 37.75% limited partnership interest in the Partnership as of October 25, 2013, as determined by Empire Valuation Consultants. d. The words "In-Kind Annuity Amount" shall mean an amount equal to the Annuity Amount reduced by the Cash Distribution. 4. The Assignee is ent
r that the transferee of such interest shall become a partner and a substituted limited partner of the Partnership only with the written consent of Black Family GP, LLC, the general partner (the "General Partner") of the Partnership and upon such transferee's assumption of the terms and conditions of the Partn
Entities connected to both Empire Valuation Consultants and Black Family GP
Leon Black
PERSONthe State of New York
LOCATIONLeon D. Black the Cash Distribution
PERSONthe "Partnership Interest
ORGANIZATIONthe Annuity Amount
ORGANIZATIONthe In-Kind Annuity Amount
ORGANIZATIONthe Funding Amount
ORGANIZATIONBlack Family Partners
ORGANIZATIONAda Clapp
PERSONElysium Management LLC
ORGANIZATION
Brad Wechsler
PERSON