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IN WITNESS WHEREOF, the parties hereby execute this Assignment and Assumption Agreement as of the 24th day of July, 2014. APOI GRAT, Assignor By: Leofi D. Black, Trustee Leon D. Black, Assignee The Manager, on behalf of Black Family GP, LLC, the General Partner of Black Family Partners, L.P., hereby consen
Black Family Partners, L.P. ASSIGNMENT AND ASSUMPTION AGREEMENT WHEREAS, the undersigned, Leon D. Black, as Trustee of the APO1 GRAT (the "Assignor") under Agreement dated October 25, 2013 (the "Agreement"), owns a limited partnership interest (the "P
Black Family Partners, L.P. ASSIGNMENT AND ASSUMPTION
Cash Distribution (as defined in paragraph 3 below). WHEREAS, the Assignor wishes to assign such portion of its Partnership Interest as shall equal the In-Kind Annuity Amount (as defined in paragraph 3 below) together with the corresponding portion of the Assignor's capital account pertaining thereto (the "In-Kind Annuit
Black Family Partners, L.P. ASSIGNMENT AND ASSUMPTION AGREEMENT WHEREAS, the undersigned, Leon D. Black, as Trustee of the APO1 GRAT No. 2 (the "Assignor") under Agreement dated December 4, 2013 (the "Agreement"), owns a limited partnership interest (
Black Family Partners, L.P. ASSIGNMENT AND ASSUMPTION
Distribution (as defined in paragraph 3 below); and WHEREAS, the Assignor wishes to assign such portion of its Partnership Interest as shall equal the In-Kind Annuity Amount (as defined in paragraph 3 below) together with the corresponding portion of the Assignor's capital account pertaining thereto (the "In-Kind Annuit
t and Assumption Agreement. Black Family GP7LLC, General Partner By: 6-- Leon D. Black, Manager US110362I75v3 Assignment from APOI GRAT No. 2 to Leon D. Black 2 EFTA00601115
Black Family Partners,. ASSIGNMENT AND ASSUMPTION AGRE
Distribution (as defined in paragraph 3 below); and WHEREAS, the Assignor wishes to assign such portion of the Partnership Interest as shall equal the In-Kind Annuity Amount (as defined in paragraph 3 below) together with the corresponding portion of the Assignor's capital account pertaining thereto (the "In-Kind Annuit
Black Family Partners, ■. ASSIGNMENT AND ASSUMPTION AGREEMENT WHEREAS, the undersigned, Leon D. Black, as Trustee of the APOI GRAT No. 2 (the "Assignor") under Agreement dated December 4, 2013 (the "Agreement"), owns a limited partnership interest (
Black Family Partners, ■. ASSIGNMENT AND ASSUMPTION AG
Distribution (as defined in paragraph 3 below); and WHEREAS, the Assignor wishes to assign such portion of its Partnership Interest as shall equal the In-Kind Annuity Amount (as defined in paragraph 3 below) together with the corresponding portion of the Assignor's capital account pertaining thereto (the "In-Kind Annuit
Black Family Partners, L.P. ASSIGNMENT AND ASSUMPTION AGREEMENT WHEREAS, the undersigned, Leon D. Black, as Trustee of the APO1 GRAT (the "Assignor") under Agreement dated October 25, 2013 (the "Agreement"), . owns a limited partnership interest (the
Black Family Partners, L.P. ASSIGNMENT AND ASSUMPTION
Cash Distribution (as defined in paragraph 3 below). WHEREAS, the Assignor wishes to assign such portion of its Partnership Interest as shall equal the In-Kind Annuity Amount (as defined in paragraph 3 below) together with the corresponding portion of the Assignor's capital account pertaining thereto (the "In-Kind Annuit
Black Family Partners, L.P. ASSIGNMENT AND ASSUMPTION AGREEMENT WHEREAS, the undersigned, Leon D. Black, as Trustee of the APOI GRAT No. 2 (the "Assignor") under Agreement dated December 4, 2013 (the "Agreement"), owns a limited partnership interest (
Black Family Partners, L.P. ASSIGNMENT AND ASSUMPTION
Distribution (as defined in paragraph 3 below); and WHEREAS, the Assignor wishes to assign such portion of its Partnership Interest as shall equal the In-Kind Annuity Amount (as defined in paragraph 3 below) together with the corresponding portion of the Assignor's capital account pertaining thereto (the "In-Kind Annuit
Entities connected to both Leon Black and the In-Kind Annuity Amount
Black Family Partners
ORGANIZATIONthe State of New York
LOCATIONBlack Family GP
ORGANIZATIONEmpire Valuation Consultants
ORGANIZATIONLeon D. Black the Cash Distribution
PERSONthe "Partnership Interest
ORGANIZATIONthe Annuity Amount
ORGANIZATIONthe Funding Amount
ORGANIZATION