EFTA01366476.pdf

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Amendment #4 Page 47 of 868 The number of Class BI units of Global LLC and snares of Class Bl cahmon Mock 5) be issued in conneCtion with a restore of the Molinaro Quarterly Distnbution amount and the target dstntoution levels then in elect ynxid equal the quotient determined by dividing ($) the average aggregate amount of cash ostributons received in respect of tne Ices during tie two consecutive fiscal quarters ended immedetely poor to the date of sLch reset election by (o) the average 01 fie aggregate amount of cash distnbited per Pass A urn. Class 81 unit and O,1'88'24ot Global LLC during each of hose two quarters Post-Reset lDRs Following a reset election. a baseline Minmum Quarterly Pstnbuton arnxrt will be calccialcd as an amount equal to the average cash diranbution amount per Can A urn. Cass B1 ure and Pass B unt or GObal LLC for the two consecutive fiscal quarters immedately prece0irg the reset election. which amount we refer to as the 'Reset Minimum Quarterly Diatrwion,• and the target clstntubon levees will be reset to be conesponcingty boner than to Reset Warn Cuartedy 0nantuton Follornrg a resettng of the Minimum Cuaneny Distntubon amount, Global LLC would, sited to the Distribution Forbearance Provisions. make etstnbAoro for each quarter ending after the reset date as follows • Ara/ to all holders cr Class A karts Class Erl tins and Class B units pro rata, ulbl each hokler receives an amount per unt for that Warfel equal to 115% of the Reset Minima Quarterly Distribui0n. • second. 85.0% lo al holders cr Class A units. Class 81 units and Class B units. pro rata and 15 0% to the holders of the IERs, urcil each hdder d Cass A units, Class B1 units and Class B units receives an amount per unit for that quarter equal $) 125 0% of the Reset Minimum Quarterly Drstnbution • fluid, 75 0% to all holders of Class A units Class at tats and Cass Busts, pro rata, and 250% to the holders of the ICRs. until each holder d Class A units, Class Erl units and Class B units receives an amount per unit for that quarter equal So 150 0% of the Reset Minimum Quarterly Distnbution and • owea'tar 50 0% to all holders of Class A urns, Class B1 units and Pass B units, pro rata, and 500% to the holders of the IDRs. Subordination of Class B units Ding the Sulociclnation Period, holders ot !Pe Class B unts of Global LLCwta rot be entitled to receive any chstntutons until the Pass A units and Class 81 units of Global LLC (t any) have received tie Minimum Quarterly Distrtuacin for such quarter pte any arrearages in the payment of the Minimum Quarterly Distnbution from poor quarters Can B units°. Global LLC vin not accrue arrearages See 'Certain relatonships and related party transadons—Anorded and Restated Operabng Agreement of Global LLC—Datnbubors • 39 http://cfdocs.btogo.com:27638/cf/drv7/pub/edgar/2015/07/20/0001193125-15-256461/d78... 7/20/2015 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0058004 CONFIDENTIAL SDNY GM_00204188 EFTA01366476
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EFTA01366476
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