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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
cial needs of investors who otherwise would invest as Limited Partners of the Partnership (together with any Affiliates Fund, the "Parallel Funds"). Each Parallel Fund (other than an Affiliates Fund) shall be governed by a limited partnership agreement (or other similar constitutive document) whose terms are subst
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
invest as Limited Partners of the Fund on substantially similar terms, including economic terms, as the Fund (collectively, the "Parallel Funds"). Each Parallel Fund will simultaneously invest in the same securities on the same terms and at the same price as the Fund, except in cases in which the portfolio compa
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
cial needs of investors who otherwise would invest as Limited Partners of the Partnership (together with any Affiliates Fund, the "Parallel Funds"). Each Parallel Fund (other than an Affiliates Fund) shall be governed by a limited partnership agreement (or other similar constitutive document) whose terms are subst
Entities connected to both Andrew McCormack and Each Parallel Fund

Prince Andrew
PERSONJames Fitzgerald
PERSON
Peter Thiel
PERSON
United States
LOCATIONVALAR
ORGANIZATIONthe U.S. Department of Labor
ORGANIZATIONVV Global LP
ORGANIZATIONThiel Capital LLC
ORGANIZATIONNo Limited
ORGANIZATIONthe Securities and Exchange Commission
ORGANIZATION
Samantha Power
PERSONGeneral Partner's
ORGANIZATION
Wilmington
LOCATIONLimited Partner's Capital Commitment
ORGANIZATIONthe Parallel Funds
ORGANIZATIONTrigger Event
ORGANIZATIONthe Indemnified Party
ORGANIZATIONLabor Adv
ORGANIZATIONthe General Partner, Partnership
ORGANIZATIONthe Partnership of the
ORGANIZATION