ember and ending on the date that such Departed Non-Managing Member receives the final distributions with respect to his Capital Account. All other Departed Non-Managing Members may, in the sole discretion of the Managing Member, be allocated each year their share of any loss in the General Pool and the relevant Desk

forfeiture pursuant to Sections 12c and 12d), 1/3 of such Departed Non-Managing Member's remaining Capital Account balance shall be distributed on the next Distribution Date to such Departed Non-Managing Member; (2) At the en

Compensation Committee and (ii) the equity value determined in connection with a Liquidity Event. The Company shall have the right to purchase any Departed Non-Managing Member's right to Equity Payments for an amount equal to such Departed Non-Managing Member's Equity Percentage of the equity value as of the Execut