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(the "Forfeiting Principal") resignation, retirement, death, Disability or termination for Cause, the Pecuniary Interest in AOG Units held by such Forfeiting Principal and his Group that has not vested in accordance with Section 3.2 (if any) shall be forfeited (the "Forfeited Interests") as of the applicable Forfe
State and New York City tax rate applicable to individuals. Transfers pursuant to this Section 4.2 shall not increase a Principal Group's number of Transferred Interests. ARTICLE V GOVERNANCE; CERTAIN RIGHTS; COMPETING ACTIVITIES Section 5.1 Executive Committee; Limitations on Holdings and the Holdings GP. (a)
cipal until the applicable Forfeiture Date, be computed on a pro-forma basis assuming the Sharing Percentage and Heritage Points Percentage of such Forfeiting Principal had been adjusted on the date of termination to give effect to the forfeiture to occur on the Forfeiture Date. Amounts that would, but for the prec
te and New York City tax rate applicable to individuals. Transfers pursuant to this Section 4.1(d) shall not increase a Principal Group's number of Transferred Interests. NYI:1686459.16 19 EFTA00623319 SECTION 4.2 FORFEITURE BY OTHER PERSONS (a) In the event of any forfeiture to (or for the benefit of) Holding
(the "Forfeiting Principal") resignation, retirement, death, Disability or termination for Cause, the Pecuniary Interest in AOG Units held by such Forfeiting Principal and his Group that has not vested in accordance with Section 3.2 (if any) shall be forfeited (the "Forfeited Interests") as of the applicable Forfe
ate and New York City tax rate applicable to individuals. Transfers pursuant to this Section 4.1(d) shall not increase a Principal Group's number of Transferred Interests. Section 4.2 Forfeiture by Other Persons. (a) In the event of any forfeiture to (or for the benefit of) Holdings of AOG Units or other economic
Entities connected to both Forfeiting Principal and Transferred Interests
Sections 2.8(b)(i
ORGANIZATIONGroup's Pecuniary Interest
ORGANIZATIONBRH Holdings GP
ORGANIZATIONSubsidiaries
ORGANIZATIONJOINDER
ORGANIZATIONTransferee
ORGANIZATIONGlovsky
PERSONthe "Selected Courts
ORGANIZATIONSelected Court
ORGANIZATIONHarrah
ORGANIZATIONLB Group
ORGANIZATIONApollo Real Estate Capital Partners
ORGANIZATIONApollo International Real Estate Advisors
ORGANIZATIONApollo Poland Real Estate Advisors
ORGANIZATIONApollo Real Estate Mezzanine Advisors
ORGANIZATIONApollo Excelsior Capital Partners
ORGANIZATIONApollo International Real Estate Management
ORGANIZATIONApollo Real Estate Co-Investors
ORGANIZATIONApollo Real Estate Mezzanine Management
ORGANIZATIONAP Excelsior Management
ORGANIZATION