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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
d Partner's obligations pursuant to paragraph 4.2(d). 10. 147765658 v44 EFTA00808294 (b) In the event that either (i) James Fitzgerald or (ii) Andrew McCormack (each, a "Managing Member," and together, the "Managing Members") ceases to be a managing member of the General Partner, or otherwise ceases to par
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
ly positioned to identify and access exceptional early-stage investment opportunities across geographies — from the Bay Area to New York to Europe. Andrew McCormack and James Fitzgerald (the "Managing Partners") formed Valar Ventures in 2010 while working at Thiel Capital, Peter Thiel's family office. Peter was
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
d (iv) fulfillment of such Limited Partner's obligations pursuant to paragraph 4.2(d). (b) In the event that either (i) James Fitzgerald or (ii) Andrew McCormack (each, a "Managing Member," and together, the "Managing Members") ceases to be a managing member of the General Partner, or otherwise ceases to par
Entities connected to both No Limited and Andrew McCormack

Prince Andrew
PERSONJames Fitzgerald
PERSON
Peter Thiel
PERSON
Woody Allen
PERSON
United States
LOCATIONVALAR
ORGANIZATION
New Zealand
LOCATIONThiel Capital LLC
ORGANIZATIONVV Global LP
ORGANIZATION
Department of Labor
ORGANIZATION
United Arab Emirates
LOCATIONEach Parallel Fund
ORGANIZATIONthe U.S. Department of Labor
ORGANIZATION
the Internal Revenue Service
ORGANIZATION
Samantha Power
PERSON
Wilmington
LOCATIONValar Ventures LLC
ORGANIZATIONa Special Purpose Investment Fund
ORGANIZATIONthe Securities and Exchange Commission
ORGANIZATIONBreather
PERSON