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he Registrant's Registration Statement on Form S-1 (File No. 333-150141)). 10.9 Agreement Among Principals. dated as of July 13. 2007. by and among Leon D. Black. Marc J. Rowan. Joshua J. Harris. Black Family Partners. L.P.. MJR Foundation LLC. AP Professional Holdings. L.P. and BRH Holdings. L.P. (incorporat
s are distributed to the limited partners of Holdings. The general partner of AP Professional Holdings. L.P. is BRH. which is one third owned by Mr. Black• one third owned by Mr. Harris and one third owned by Mr. Rowan. BRH is also the general partner of BRH Holdings. L.P.. the limited partnership throu
007. by and among Apollo Global Management. LLC. AP Professional Holdings. LP.. BRH Holdings. L.P.. Black Family Partners. L.P.. MJR Foundation LLC. Leon D. Black. Marc J. Rowan and Joshua J. Harris (incorporated by reference to Exhibit 10.27 to the Registrant's Registration Statement on Form S-I (File No. 333
not terminate a managing partner except for cause or by reason of disability. Upon a managing partner's resignation or termination for any reason. the Pecuniary Interest held by such managing partner that has not vested shall be forfeited as of the applicable Forfeiture Date (as defined below) and the remaining Pecun
ded or supplemented from time to lime. "Agreement Among Principals" means the Agreement Among Principals, dated as of the date hereof, by and among Leon D. Black, Marc J. Rowan, Joshua J. Harris, Black Family Partners, L.P., a Delaware limited partnership, MJR Foundation LLC, a New York limited liability com
ated as of the date hereof, by and among Leon D. Black, Marc J. Rowan, Joshua J. Harris, Black Family P
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 Schedule I hereto, as adjusted pursuant to the Agreement Am
AGREEMENT AMONG PRINCIPALS dated as of July 13, 2007 among LEON D. BLACK, MARC J. ROWAN, JOSHUA J. HARRIS, BLACK FAMILY PARTNERS, L.P., MJR FOUNDATION LLC, AP PROFESSIONAL HOLDINGS, L.P., and BRH HOLDINGS, L.P. NYI
IPALS dated as of July 13, 2007 among LEON D. BLACK, MARC J. ROWAN, JOSHUA J. HARRIS, BLACK FAMILY
ncipal Group, as of immediately 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 E
Entities connected to both Leon Black and the Pecuniary Interest

United States
LOCATION
Samantha Power
PERSON
Apollo Global Management
ORGANIZATION
Eric Holder
PERSON
New York State
LOCATION
Exchange
ORGANIZATIONCayman
LOCATIONBlack Family GP
ORGANIZATIONthe Apollo Operating Group
ORGANIZATION
Holdings
ORGANIZATIONApollo Management Holdings
ORGANIZATIONJohn J. Suydam
PERSONFund IV
ORGANIZATIONMJR Foundation LLC
ORGANIZATIONthe Tax Receivable Agreement
ORGANIZATIONthe AOG Units
ORGANIZATIONBRH Holdings GP
ORGANIZATIONApollo Advisors IV
ORGANIZATIONthe Group of another Principal
ORGANIZATIONthe Forfeited Interests
ORGANIZATION