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e (except for the Desk Percentages, which are addressed by the Management Committee). The Compensation Committee also shall make recommendations to Feinberg concerning (1) the admission of a new Non-Managing Member and the allocations to such Non-Managing Member of General Points, Desk Points, amounts f
d Desk Points shall be allocated among the Non-Managing Members for that year and shall not be reduced during that year except in the case of death, Permanent Disability, Retirement, termination with or without Cause or dilution resulting from the admission of new Non-Managing Members. Subject to Section 10b(5), no
Funds that would otherwise be made to such Member's Capital Account hereunder (computed on a separate basis for each Member) shall be allocated to Feinberg (instead of being allocated to such Member hereunder) until such Negative P&L has DOC ID • 25061468.12 38 CONFIDENTIAL - PURSUANT TO FED. R. CRIM.
l (in accordance with General Points). (5) Allocations to certain Departed Non-Managing Members. In the event that a Non-Managing Member's death, Permanent Disability, Retirement or termination by the Firm without Cause occurs during a fiscal year, such Departed Non-Managing Member or such Departed Non-Managing M
eited. e. Reallocation of Forfeited Capital Accounts. Forfeited Capital Accounts shall be reallocated, at the Managing Member's discretion, (i) to Feinberg to the extent that he has not received all of the 2009 Shortfall, (ii) with respect to the portion of a forfeited Capital Account attributable to a
erein, a Non-Managing Member shall vest with respect to all amounts allocated to such Member's sub- account established for Richter Points on death, Permanent Disability, termination by the Firm without Cause or on December 31, 2013. If a Non-Managing Member resigns or is terminated for Cause prior to such date, all
new allocation). All proceeds of a Liquidity Event relating to the Equity Base Amount (which may be prorated on a partial sale) shall be payable to Feinberg and Richter and shall not be payable to the Company. b. A Non-Managing Member's right to Equity Payments hereunder may vest upon death, Permanent
Feinberg and Richter and shall not be payable to the Company. b. A Non-Managing Member's right to Equity Payments hereunder may vest upon death, Permanent Disability, Retirement or as otherwise set forth in such Member's Revised Supplement provided that, in the case of a Retirement or with respect to vested Equi
Entities connected to both Martin Weinberg and Permanent Disability