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e Fund makes its first investment and thereby qualifies as a "venture capital operating company" under applicable Department of Labor regulations. No Limited Partner will be required to contribute any capital following the fifth anniversary of the date the first capital contribution is due except to the
oportion to their relative Capital Commitments. iii. Third, after the aggregate amount distributed to each Limited Partner is equal to 300% of such Limited Partner's Capital Commitment as of the date of such distribution, 100% to the General Partner until it has received aggregate distributions totaling 25% of (x) the aggregate di
ransfer of an interest in the Partnership prohibited by the events described in paragraphs 9.5(a) through 9.5(h). 9.4 Transfer by Limited Partner. No Limited Partner shall sell, assign, pledge, mortgage, or otherwise dispose of or transfer its interest in the Partnership, directly or indirectly, without t
(Le., an amount sufficient to enable the Partnership to distribute to such Limited Partner an amount equal to three hundred percent (300%) of such Limited Partner's Capital Commitment). 13. 147765658 v44 EFTA00808297 For all purposes under this Agreement, the "Second Allocation Hurdle" shall be determined as of the time that
e Fund makes its first investment and thereby qualifies as a "venture capital operating company" under applicable Department of Labor regulations. No Limited Partner will be required to contribute any capital following the fifth anniversary of the date of the first investment in a portfolio company excep
oportion to their relative Capital Commitments. iii. Third, after the aggregate amount distributed to each Limited Partner is equal to 300% of such Limited Partner's Capital Commitment as of the date of such distribution, 100% to the General Partner until it has received aggregate distributions totaling 25% of (x) the aggregate di
Entities connected to both No Limited and Limited Partner's Capital Commitment

United States
LOCATION
Prince Andrew
PERSONVALAR
ORGANIZATION
Samantha Power
PERSONVV Global LP
ORGANIZATIONthe Securities and Exchange Commission
ORGANIZATIONThiel Capital LLC
ORGANIZATION
Peter Thiel
PERSONthe Parallel Funds
ORGANIZATION
the Internal Revenue Service
ORGANIZATIONEach Parallel Fund
ORGANIZATIONTHE SWISS FINANCIAL MARKET SUPERVISORY AUTHORITY
ORGANIZATION
Wilmington
LOCATIONAndrew McCormack
PERSON
Georgetown University
ORGANIZATION
New Zealand
LOCATIONthe U.S. Department of Labor
ORGANIZATIONthe Partnership of a
ORGANIZATIONthe Management Fee Percentage
ORGANIZATIONa Special Purpose Investment Fund
ORGANIZATION