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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
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
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
(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
, 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
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 Thiel Capital LLC and Limited Partner's Capital Commitment

Peter Thiel
PERSON
Prince Andrew
PERSONNo Limited
ORGANIZATIONthe Securities and Exchange Commission
ORGANIZATIONVV Global LP
ORGANIZATIONVALAR
ORGANIZATION
United States
LOCATIONEach Parallel Fund
ORGANIZATIONthe Parallel Funds
ORGANIZATION
Samantha Power
PERSONTHE SWISS FINANCIAL MARKET SUPERVISORY AUTHORITY
ORGANIZATIONthe Partnership of a
ORGANIZATION
LUXEMBOURG
LOCATIONAndrew McCormack
PERSONthe U.S. Department of Labor
ORGANIZATIONthe Management Fee Percentage
ORGANIZATIONa Special Purpose Investment Fund
ORGANIZATION
the Internal Revenue Service
ORGANIZATION
New Zealand
LOCATION
Georgetown University
ORGANIZATION