Epstein Secrets

ain circumstances, payments could be made to our managing partners and contributing partners under the tax receivable agreement in excess of 85% of APO Corp.'s actual cash tax savings. In general, estimating the amount of payments that may be made to our managing partners and contributing partners under th

up units from the managing partners or contributing partners, such as our acquisition of Apollo Operating Group units from the managing partners in the Strategic Investors Transaction, may result in increases in tax deductions and tax basis that reduces the amount of tax that 7 EFTA00583563 APO Corp. would otherwise be require

on, the tax receivable agreement provides that, upon a merger. asset sale or other form of business combination or certain other changes of control. APO Corp.'s (or its successor's) obligations with respect to exchanged or acquired units (whether exchanged or acquired before or after such change of control)

result in the termination of our role as general partner of one or more of our funds and the acceleration of our debt. Although in connection with the Strategic Investors Transaction, our managing partners entered into employment, non-competition and non-solicitation agreements. which impose certain restrictions on competition an

tain circumstances. payments could be made to our managing partners and contributing partners under the tax receivable agreement in excess of 85% of APO Corp.'s actual cash tax savings. In general. estimating the amount of payments that may be made to our managing partners and contributing partners under the

oup units from the managing partners or contributing partners. such as our acquisition of Apollo Operating Group units from the managing partners in the Strategic Investors Transaction. may result in increases in tax deductions and tax basis that reduces the amount of tax that APO Corp. would otherwise be required to pay in the fut