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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
ignee was originally a partner thereof. 3. For all purposes hereunder: a. The words "Annuity Amount" shall mean an amount equal to 46.51587% of the Funding Amount (as defined in this paragraph 3), as divided by four (4). EFTA00601118 b. The words "Cash Distribution" shall mean the sum of i-ed-1/ 01311440
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
was originally a partner thereof. 3. For all purposes hereunder: a. (i) The words "Annuity Amount" shall mean an amount equal to 55.81688% of the Funding Amount (as defined in this paragraph 3), as divided by four (4). (ii) The words "Funding Amount" shall mean an amount equal to the fair market value of a
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
ignee was originally a partner thereof. 3. For all purposes hereunder: a. The words "Annuity Amount" shall mean an amount equal to 46.51587% of the Funding Amount (as defined in this paragraph 3), as divided by four (4). Dag' USI:92213548v3 EFTA00601116 b. The words "Cash Distribution" shall mean the sum
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
ignee was originally a partner thereof. 3. For all purposes hereunder: a. The words "Annuity Amount" shall mean an amount equal to 46.72702% of the Funding Amount (as defined in this paragraph 3), as divided by four (4). EFTA00619437 b. The words "Cash Distribution" shall mean the sum of Fifty-Six Million
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
ignee was originally a partner thereof. 3. For all purposes hereunder: a. The words "Annuity Amount" shall mean an amount equal to 44.51587% of the Funding Amount (as defined in this paragraph 3), as divided by four (4). Dad: USI:9228548v3 EFTA_R1_00012589 EFTA01734424
Entities connected to both Leon Black and the Funding Amount
the State of New York
LOCATIONBlack Family GP
ORGANIZATIONEmpire Valuation Consultants
ORGANIZATIONLeon D. Black the Cash Distribution
PERSONthe "Partnership Interest
ORGANIZATIONthe Annuity Amount
ORGANIZATIONthe In-Kind Annuity Amount
ORGANIZATION