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ive from the GP distributions, in cash or in kind, of the GP's carried interest distributions from the Fund in respect of the Fund's investments in the Portfolio Companies. Each such distribution to NIKOLIC from the GP is herein referred to as a "Carried Interest Distribution". This Promissory Note is intended to memo
e NIKOLIC's obligation, in consideration and exchange for the Releases, to pay to SCHWARZ, in cash or in kind, at NIKOLIC's discretion, 50% of each Carried Interest Distribution NIKOLIC receives from the GP. In addition to NIKOLIC's obligations to make Note Payments only if, as and when provided in this Promissory Note, and as add
ive from the GP distributions, in cash or in kind, of the GP's carried interest distributions from the Fund in respect of the Fund's investments in the Portfolio Companies. Each such distribution to NIKOLIC from the GP is herein referred to as a "Carried Interest Distribution". This Promissory Note is intended to memo
e NIKOLIC's obligation, in consideration and exchange for the Releases, to pay to SCHWARZ, in cash or in kind, at NIKOLIC's discretion, 50% of each Carried Interest Distribution NIKOLIC receives from the GP. PAYMENT. IF AND ONLY IF, NIKOLIC receives a Carried Interest Distribution from the GP, within ten (10) business days after N
ive from the GP distributions, in cash or in kind, of the GP's carried interest distributions from the Fund in respect of the Fund's investments in the Portfolio Companies. Each such distribution to NIKOLIC from the GP is herein referred to as a "Carried Interest Distribution". This Promissory Note is intended to memo
e NIKOLIC's obligation, in consideration and exchange for the Releases, to pay to SCHWARZ, in cash or in kind, at NIKOLIC's discretion, 50% of each Carried Interest Distribution NIKOLIC receives from the GP. In addition to NIKOLIC's obligations to make Note Payments only if, as and when provided in this Promissory Note, and as add
ive from the GP distributions, in cash or in kind, of the GP's carried interest distributions from the Fund in respect of the Fund's investments in the Portfolio Companies. Each such distribution to NIKOLIC from the GP is herein referred to as a "Carried Interest Distribution". This Promissory Note is intended to memo
e NIKOLIC's obligation, in consideration and exchange for the Releases, to pay to SCHWARZ, in cash or in kind, at NIKOLIC's discretion, 50% of each Carried Interest Distribution NIKOLIC receives from the GP. In addition to NIKOLIC's obligations to make Note Payments only if, as and when provided in this Promissory Note, and as add
Entities connected to both the Portfolio Companies and Carried Interest Distribution NIKOLIC

United States
LOCATION
Boris Nikolic
PERSONSCHWARZ
ORGANIZATIONBiosys Capital Management
ORGANIZATIONBiosys Capital Partners
ORGANIZATIONReleases
ORGANIZATIONSCHWARZ of NIKOLIC
ORGANIZATIONDigisight Technologies, Inc.
ORGANIZATIONBlue Talon Data Systems
ORGANIZATIONHayes Nuss
PERSONPeter Corsell
PERSON