📄 Extracted Text (666 words)
Amendment #4 Page 268 of 868
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The followrg lade illustrates the percentage allocations of dsstnbuions of cash in respect of a specific quarter between the holders d Class A units, Class B units, Class
B1 wins arc the IDEts based on the speared target chambution levels The arrounts set forth Leder the colurrn headng 'Margret percentage interest n drunbutors' are
the percentage interests d the holders of Class A units. Class B units Class 81 unitsand the ICes in any delnbutions Globs LLC makes up to and inducing the
corresponds-lig arrest ri the column Total quarterly detnbution per Lest.' The percentage interests set forth below assume there are no arrearages on Class A Lees or
Class 81 wits and the Destribition Forbearance Provisions appicable to the Class B wets have terrnnated or otherwise do not apply.
Mrglml percentage Interest M
distribution
Total quarterly distribution per unit Unitholden OR booklets
Larimurn Quarterly Distritutim up to $ 0.2750°' 100.0% 00%
Fest Target Orstrobuoon above 5 0.2750 up to $ 031630 103.0% 00%
Second Target Distribution above S 0.3163 up to $ 0.3438a 850% 150%
Thrd Target Dstreasion above S 0.3438 up to $ 0.4125* 75.0% 25 0%
Thereafter above/ 0.4125 50.0% 500%
Inn *non is *rye 10000.1brwmai OJearry Dainboon
rid ender is eremite I mod ohne Linden owner arett•in
Tics /07400. N equine 1250% 00 Po FMmuw. 0001.0y 0geuna0
00 TVs •00.01 Is aqui I* 1500% 011/0 Mama. Owned, Ontebion
IDR holders right to reset mentm9 castor:potion *vas
Our Sponsor, as the holder of the IORs. has the right after Global LW has made cash dsthtutions in excess of the Third Target Gentxton ever 0 e . 750% to holders
of units and 25 0% to the holder of the 1,--rio.) for four consecutwe quarters, to elect to relinquish the ngti to receive incentive astritdon payments based on the neat
target diuntueon levee and to reset, at Inter levels, the target drenbuton levels upon which the incentive dretnbulon paymerts would be set See *—Post.reset IDRs'
below
The right to reset the target dsVitution levels upon which the ncentrve Orgill:x.60ns are based may be exercised at any time after the expraton or terminatcn of the
Subordinakon Period when Gbbel LLC has made cash delhOutions in excess of the thenapplicatde Third Target OntrOution level for the prior lour consecutive fiscal
(Mann At the sole Oscration o, the holder of the Oes. the r ghl to reset may be exercised without the approval of the hiders of Glotel LLC usts Glotel, as manager
of Glotel LLC. or ere board of directors (or any commttee thereof) d Global
The reset target dientrution *vets will be higher than the most recent per wit Ountuton level and the target dstnbution levels prior to the reset such that there will be no
incentive distrtxtons pad cccler the reset target dieributon levels until cash dantutions per Class A unit Class B1 unit and Class B unit following the reset event
increase as descnbed below Because the reset lager( ilstritution loves will be hither than the most recent per Ant distnbuted level prof to the reset, if Glopy LLC were
to issue additional units after the reset and mantan the per unit detrOLI on level no additional incentive dstnbutions would be ',dyable By tartest. if there were n, such
reset and Global LW were to nue additional units and maintain the per and distribnon level ad:140nel ncentete dentubons would have to be paid based on the
additional number d ottstancing units and the percentage interest ot the OR, above the target Ostribulion levels Thus the exercise of the reset right wood lower ow
oust of equity Cagle' Our Sponsor could exercise this reset right in order to facilitate acqushors or internal gowth projects that would otherwise not be sufficently
accretive to cash cistntubons per unit taking info account the dosing levels of incertnte delete/inn payments txrsig made
26.0
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-0058225
CONFIDENTIAL SDNY GM_00204409
EFTA01366697
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