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ral Partner in good faith determines that such adjustments are necessary or appropriate to reflect the relative economic interests of the Partners. The Carrying Value of any Fund asset distributed to any Partner shall be adjusted immediately prior to such distribution to equal its gross fair market value. The Carrying Value o
is referred to herein as the "Carried Interest." The General Partner may, in its sole discretion, waive, reduce or calculate in a different manner the Carried Interest on distributions in respect of any Limited Partner and will do so for Honeycomb Persons. Section 6.03 Distributions of Temporary Investment Income.
ral Partner in good faith determines that such adjustments are necessary or appropriate to reflect the relative economic interests of the Partners. The Carrying Value of any Fund asset distributed to any Partner shall be adjusted immediately prior to such distribution to equal its gross fair market value. The Carrying Value o
is referred to herein as the "Carried Interest." The General Partner may, in its sole discretion, waive, reduce or calculate in a different manner the Carried Interest on distributions in respect of any Limited Partner and will do so for Honeycomb Persons. Section 6.03 Distributions of Temporary Investment Income.
ral Partner in good faith determines that such adjustments are necessary or appropriate to reflect the relative economic interests of the Partners. The Carrying Value of any Fund asset distributed to any Partner shall be adjusted immediately prior to such distribution to equal its gross fair market value. The Carrying Value o
is referred to herein as the "Carried Interest." The General Partner may, in its sole discretion, waive, reduce or calculate in a different manner the Carried Interest on distributions in respect of any Limited Partner and will do so for Honeycomb Persons. Section 6.03 Distributions of Temporary Investment Income.
Entities connected to both The Carrying Value of any Fund and the Carried Interest

United States
LOCATION
New York
LOCATION
the Cayman Islands
LOCATIONthe U.S. Investment Company Act
ORGANIZATIONGeneral Partner's
ORGANIZATION
Samantha Power
PERSON
FedEx
ORGANIZATIONHoneycomb Asset Management LP
ORGANIZATIONthe Delaware
ORGANIZATIONSection 9.03 Information on Investment
ORGANIZATIONSection 9.06 Limited Partners'
ORGANIZATIONOutside Activities
ORGANIZATIONARTICLE XII ACCOUNTING
ORGANIZATIONSection 12.03 Reports
ORGANIZATIONPartner Tax Basis
ORGANIZATIONThis Limited Partnership Agreement
ORGANIZATIONthe Certificate of Limited Partnership of the Fund with
ORGANIZATIONRegistered Office
ORGANIZATIONCogency Global Inc.
ORGANIZATIONthe Person or Persons
ORGANIZATION