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erience, the Founding Partners have operational backgrounds — Andrew founded and ran a restaurant group, James served as General Counsel and COO of Thiel Capital LLC ("Thiel Capital") and Peter co-founded and was CEO of PayPal and is a co-founder and the chairman of Palantir. The Partnership will be managed by A
and Valar launched VV Xero Holdings LLC (the "Xero Mgr) to harvest those opportunities. 2012-2013: As Valar broadened its efforts internationally, VV Global LP and VV Global Principals LP were formed to take advantage of a growing number of opportunities outside of New Zealand (the "VV Funds"). The VV Fund
with maturities of less than twelve (12) months. 14.21 Thiel Persons. Thiel Persons shall mean Peter Thiel, Peter Thiel's retirement accounts and Thiel Capital LLC, a Delaware limited liability company, any wholly owned subsidiary of any of the foregoing, and any successor in interest thereto. 14.22 Treasury R
Global 23. 147765658 v44 EFTA00808307 Principals Fund II LP, Valar Global Fund III LP, Valar Global Principals Fund III LP, Valar Ventures LP, VV Global LP, VV Global Principals LP, Valar Co-Invest I LP, Valar Co-Invest 2 LP and VV Xero Holdings LLC and to other entities affiliated therewith (collective
, the Management Company or any member or employee or Affiliate thereof; provided, however, that Peter Thiel, Peter Thiel's retirement accounts and Thiel Capital LLC and any wholly owned subsidiary of the foregoing ("Thiel Persons") shall not be deemed as an Affiliated Party or an affiliate of any Affiliated Par
and Valar launched VV Xero Holdings LLC (the "Xero SPV) to harvest those opportunities. 2012.2013: As Valar broadened its efforts internationally, VV Global LP and VV Global Principals LP were formed to take advantage of a growing number of opportunities outside of New Zealand (the "VV Funds"). The VV Fund
with maturities of less than twelve (12) months. 14.21 Thiel Persons. Thiel Persons shall mean Peter Thiel, Peter Thiel's retirement accounts and Thiel Capital LLC, a Delaware limited liability company, any wholly owned subsidiary of any of the foregoing, and any successor in interest thereto. 14.22 Treasury R
tants to Valar Global Fund I LP, Valar Global Principals Fund I LP, Valar Global Fund II LP, Valar Global Principals Fund II LP, Valar Ventures LP, VV Global LP, VV Global Principals LP, Valar Co-Invest I LP, and VV Xero Holdings LLC and to other entities affiliated therewith (collectively, the "Prior Funds"
Entities connected to both Thiel Capital LLC and VV Global LP

Peter Thiel
PERSONVALAR
ORGANIZATIONNo Limited
ORGANIZATION
Prince Andrew
PERSONAndrew McCormack
PERSONa Special Purpose Investment Fund
ORGANIZATIONEach Parallel Fund
ORGANIZATIONthe Management Fee Percentage
ORGANIZATIONthe Securities and Exchange Commission
ORGANIZATION
United States
LOCATIONLimited Partner's Capital Commitment
ORGANIZATION
New Zealand
LOCATION
Max Levchin
PERSON
Palantir
ORGANIZATION
Thiel Capital
ORGANIZATIONJ.D.
PERSON
Citicorp
ORGANIZATION
Stockholm
LOCATION
China
LOCATIONStrategy
ORGANIZATION