previously been reflected in the Capital Accounts of the Non-Managing Members as a result of allocations of Fund Incentive P&L that related to preferred return or other items of income distributable to the investors. The Catch Up Allocations for Cerberus Institutional Partne

tgage and real estate teams) or are otherwise paid from management fees or other revenues of the Firm (but excluding amounts that are deducted from Fund Incentive P&L pursuant to clause (ii) of the definition of Fund Incentive P&L), (2) any expense reimbursements related to Richter, which shall be subject to the c

e Funds by such amounts in accordance with and pursuant to the applicable Fund documents; provided, however, that the Managing Member may determine Fund Incentive P&L hereunder for business groups in which a substantial percentage of the investment professionals are being compensated based on the Actual Incentive

s all prior agreements and arrangements, whether written or oral, relating to such Non-Managing Member's compensation from the Firm with respect to Fund Incentive P&L for 2010 and all subsequent years. Except as expressly set forth in a Member's Revised Supplement, all contracts and arrangements relating to compe