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al partner. "Heritage Points Percentage" means, with respect to any Principal Group and Heritage Fund, such Principal Group's Pecuniary Interest in the Heritage Points of such Heritage Fund divided by the Pecuniary Interest of all the Principal Groups in the Heritage Points of such Heritage Fund as set forth on Sc
erest in Heritage Points will be further debited by the amount of such excess and the amount so debited shall be reallocated to the JH Group and/or MR Group as applicable. (c) If new AOG Units or equity interests in the Apollo Operating Group are issued to any Person (e.g., issuances to Apollo to refle
iately prior to any Exchange, the excess (if any) of the number of Equivalent Heritage Points of such Principal Group over the Pecuniary Interest in the Heritage Points of such Principal Group. "Exchange" means (i) the exchange by Holdings of an AOG Unit for a Class A Share pursuant to the Exchange Agreement, and
terest in Heritage Points will be further debited by the amount of such excess and the amount so debited shall be reallocated to the JH Group and/or MR Group as applicable. (c) If new AOG Units or equity interests in the Apollo Operating Group are issued to any Person (e.g., issuances to Apollo to refle
al partner. "Heritage Points Percentage" means, with respect to any Principal Group and Heritage Fund, such Principal Group's Pecuniary Interest in the Heritage Points of such Heritage Fund divided by the Pecuniary Interest of all the Principal Groups in the Heritage Points of such Heritage Fund as set forth on Sc
erest in Heritage Points will be further debited by the amount of such excess and the amount so debited shall be reallocated to the JH Group and/or MR Group as applicable. (c) If new AOG Units or equity interests in the Apollo Operating Group are issued to any Person (e.g., issuances to Apollo to refle
Entities connected to both the Heritage Points and MR Group
Apollo Investment Fund IV
ORGANIZATIONApollo Overseas Partners IV
ORGANIZATIONApollo Advisors IV
ORGANIZATIONApollo Netherlands Partners
ORGANIZATIONAIF V Euro Holdings
ORGANIZATIONthe Group of another Principal
ORGANIZATIONBRH Holdings GP
ORGANIZATION
United States
LOCATION
Exchange
ORGANIZATIONthe AOG Units
ORGANIZATIONthe Tax Receivable Agreement
ORGANIZATIONJohn J. Suydam
PERSONFund IV
ORGANIZATIONLeon Black
PERSONCayman
LOCATIONthe Apollo Operating Group
ORGANIZATIONApollo Management Holdings
ORGANIZATIONBlack Family GP
ORGANIZATIONApollo Real Estate Investment Fund
ORGANIZATIONAIC Co-Investors
ORGANIZATION