nvertible into one share of Class A common stock automatically upon transfer. subject to certain exceptions. After the completion of this offering, Kohlberg Kravis Roberts & Co. L.P. and its affiliates (collectively, "KKR") will continue to control a majority of the voting power of our common stock. As a result, we will be a "con

vision of transaction processing services to the alliance. Management Agreement In connection with the acquisition of the Company by affiliates of Kohlberg Kravis Roberts & Co. L.P. (KKR), First Data entered into a management apeetent with KKR and one of its affiliates (the "Management Agreement-) pursuant to which KKR provides