Exchange Mechanics Exchange Notice A notice of exchange must be submitted to APO at least 6o days prior to the opening of the next trading window The deadline to submit a notice of exchange (whether charitable or non- charitable) for an exchange to occur in Q4 2014 is September 4, 2014 At least 5 days prior to delivering a notice of exchange, any APO Managing Partner must deliverffatice to the other Managing Partners of his intent to deliver an exchange notice Assuming a notice of exchange is submitted by BFP on September 4, 2014, LB must deliver prior notice of his intent to the other Managing Partners by August 29, 2014 Vid3 — L8 — 968014ZO Paul, Weiss, Rilkind, Wharton & Garrison LLP EFTA02714571