📄 Extracted Text (393 words)
10/9/13 6:30 PM
DESIGNATION OF PERSONAL REPRESENTATIVES
FOR
AGREEMENT AMONG PRINCIPALS
THIS DESIGNATION is made as of this 11th day of October, 2013, by LEON
D. BLACK in accordance with the Agreement Among Principals dated July 13, 2007, by and
between Leon D. Black, Marc J. Rowan, Joshua J. Harris, Black Family Partners, L.P., MJR
Foundation LLC, AP Professional Holdings, L.P. and BRH Holdings, L.P. (the "Agreement").
Capitalized terms not defined in this Designation shall have the meaning assigned to them in the
Agreement.
WHEREAS, Section 5.3(b) of the Agreement provides that (i) if a vacancy exists
on the Executive Committee as a result of my death or Disability, I shall nominate a Senior
Professional to fill such vacancy (the "LB Successor") and (ii) if a vacancy exists on the
Executive Committee as a result of the termination of the LB Successor, I shall nominate a
Senior Professional to fill such vacancy (a "Later LB Successor"), provided that my right to do
so in each case has not terminated under said Section ( my "Nomination Rights"); and
WHEREAS, Section 5.3(b) also provides that to exercise my Nomination Rights,
I must consult with the remaining members of the Executive Committee, one of whom must
approve the nomination; and
WHEREAS, I have consulted with the Executive Committee and have executed a
Nomination of Executive Committee Member dated October 11, 2013 nominating [NAME I]
as the LB Successor and [NAME 2] as the Later LB Successor; and
WHEREAS, if my foregoing nominations of the LB Successor or the Later LB
Successor shall for any reason fail to successfully fill the respective vacancy on the Executive
Committee, my personal representatives shall have my Nomination Rights; and
WHEREAS, to avoid any ambiguity regarding the identity of my personal
representatives for purpose of exercising my Nomination Rights under the Agreement following
my death, I now desire to designate such personal representatives.
NOW THEREFORE, in accordance with Section 5.3(b) of the Agreement, I
hereby designate the executors under my last Will and Testament duly admitted to probate to
whom Letters Testamentary (or if sooner, Preliminary Letters Testamentary) have issued as my
personal representative for purposes of Section 5.3(b) of the Agreement with full power to
exercise my Nomination Rights thereunder.
IN WITNESS WHEREOF, the undersigned has executed this Designation as of
the date first above written.
Leon D. Black
EFTA01099272
ℹ️ Document Details
SHA-256
c19cee41b9a898d86435157978b710bd2416ca39fb80d30925ba335e9628bced
Bates Number
EFTA01099272
Dataset
DataSet-9
Document Type
document
Pages
1
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