tly do not intend to make, or cause to be made, an election to adjust asset basis under Section 754 of the Internal Revenue Code with respect to us. Apollo Principal Holdings I. L.P.. Apollo Principal Holdings II. L.P. Apollo Principal Holdings III. L.P., Apollo Principal Holdings IV. L.P., Apollo Principal Holdi

f Contents Exhibit Number Exhibit Description 10.11 Exchange Agreement. dated as of July 13. 2007. by and among Apollo Global Management. LLC. Apollo Principal Holdings I. LP.. Apollo Principal Holdings II. L.P.. Apollo Principal Holdings HL L.P.. Apollo Principal Holdings IV. L.P.. Apollo Management Holdin

s made such an election while. Apollo Principal 44 EFTA00613354 Holdings I, Apollo Principal Holdings II, M., Apollo Principal Holdings III, M., Apollo Principal Holdings IV.... Apollo Principal Holdings V, M., Apollo Principal Holdings VI, M., Apollo Principal Holdings VII. M.. Apollo Principal Holdings VII