GLDUS1B3 Dimension Capital Management Section 8: Conflicts of Interest Glendower Capital Secondary Opportunities Fund IV. LP The fact that the Carried Interest is linked to the performance of the Fund may create an incentive for the Manager to cause the Fund to make investments that are more speculative tha

dower Capital intend to commit a minimum of 1.0% of the Fund. • The partners and professionals of Glendower Capital will be entitled to receive all the Carried Interest generated by the Fund. • The Investment Committee of the Fund will consist solely of individuals from Glendower Capital. • Deutsche Bank will no

GLOUS143 Henry Nicholas Section 8: Conflicts of Interest Glendower Capital Secondary Opportunities Fund IV. LP The fact that the Carried Interest is linked to the performance of the Fund may create an incentive for the Manager to cause the Fund to make investments that are more speculative tha

nbiased. Carried Interest The entitlement of certain partners and employees of the Manager and the U.S. Adviser to receive the economic benefit of the Carried Interest received by the Special Limited Partner may create an incentive for the Manager to make more speculative investments on behalf of the Fund than it w

dower Capital intend to commit a minimum of 1.0% of the Fund. • The partners and professionals of Glendower Capital will be entitled to receive all the Carried Interest generated by the Fund. • The Investment Committee of the Fund will consist solely of individuals from Glendower Capital. • Deutsche Bank will no

nbiased. Carried Interest The entitlement of certain partners and employees of the Manager and the U.S. Adviser to receive the economic benefit of the Carried Interest received by the Special Limited Partner may create an incentive for the Manager to make more speculative investments on behalf of the Fund than it w

GLDUS125 Gerald Ford Section 8: Conflicts of Interest Glendower Capital Secondary Opportunities Fund IV. LP The fact that the Carried Interest is linked to the performance of the Fund may create an incentive for the Manager to cause the Fund to make investments that are more speculative tha

nbiased. Carried Interest The entitlement of certain partners and employees of the Manager and the U.S. Adviser to receive the economic benefit of the Carried Interest received by the Special Limited Partner may create an incentive for the Manager to make more speculative investments on behalf of the Fund than it w

GLDUS141 Greg Marlin Section 8: Conflicts of Interest Glendower Capital Secondary Opportunities Fund IV. LP The fact that the Carried Interest is linked to the performance of the Fund may create an incentive for the Manager to cause the Fund to make investments that are more speculative tha

nbiased. Carried Interest The entitlement of certain partners and employees of the Manager and the U.S. Adviser to receive the economic benefit of the Carried Interest received by the Special Limited Partner may create an incentive for the Manager to make more speculative investments on behalf of the Fund than it w

is referred to herein as the "Carried Interest." The General Partner may, in its sole discretion, waive, reduce or calculate in a different manner the Carried Interest on distributions in respect of any Limited Partner and will do so for Honeycomb Persons. Section 6.03 Distributions of Temporary Investment Income.

ies, distributions will be made as follows: (b) (i) first, to the General Partner (and/or to such other party set forth in the Series Addendum), the Carried Interest for each Limited Partner of such Series; and (ii) thereafter, to each Limited Partner having an Interest in such Series, on a pro rata basis, the

ount for stub or de minimis lots or operational, legal or tax issues). In addition, the shares of Spotify distributed to you in kind shall be net of the Carried Interest and may be reduced to account for expenses and liabilities (whether actual or contingent). For those that elect to receive shares in-kind, Carried

is referred to herein as the "Carried Interest." The General Partner may, in its sole discretion, waive, reduce or calculate in a different manner the Carried Interest on distributions in respect of any Limited Partner and will do so for Honeycomb Persons. Section 6.03 Distributions of Temporary Investment Income.

is referred to herein as the "Carried Interest." The General Partner may, in its sole discretion, waive, reduce or calculate in a different manner the Carried Interest on distributions in respect of any Limited Partner and will do so for Honeycomb Persons. Section 6.03 Distributions of Temporary Investment Income.

ause some or all of the Partners' indirect interests in such investment to be held through such an alternative vehicle. For purposes of calculating the Carried Interest, any investments held in an alternative vehicle will be treated as if held by the Fund. Limited Partners may indirectly invest in the Fund through

eneral Partner shall hold such Securities for the benefit of such Limited Partner until such Securities are liquidated. For the avoidance of doubt, the Carried Interest to be distributed to the General Partner with respect to such Securities shall be calculated according to the valuation thereof on the General Partn

r such period). 4.2.3 Notwithstanding anything to the contrary in this Agreement, the Manager may, in its sole discretion, reduce, waive or rebate the Carried Interest with respect to any Member, including, without limitation, Affiliated Members, in each case without entitling any other Member to the same or simil

nbiased. Carried Interest The entitlement of certain partners and employees of the Manager and the U.S. Adviser to receive the economic benefit of the Carried Interest received by the Special Limited Partner may create an incentive for the Manager to make more speculative investments on behalf of the Fund than it w

nbiased. Carried Interest The entitlement of certain partners and employees of the Manager and the U.S. Adviser to receive the economic benefit of the Carried Interest received by the Special Limited Partner may create an incentive for the Manager to make more speculative investments on behalf of the Fund than it w