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efta-efta01359098DOJ Data Set 10CorrespondenceEFTA Document EFTA01359098
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DOJ Data Set 10
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efta-efta01359098
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a.
Any action that may be taken (and, to the extent possible, any
action actually taken) by the Company or any Member shall not be taken (or shall be void and
without effect), if such action violates the requirements of Section 409A;
b.
Any provision in this Agreement that is determined to violate the
requirements of Section 409A shall be void and without effect;
c.
Any provision that is required by Section 409A to appear in this
Agreement that is not expressly set forth shall be deemed to be set forth herein, and this
Agreement shall be administered in all respects as if such provision were expressly set forth; and
d.
Notwithstanding anything to the contrary in this Agreement, the
Managing Member is authorized to make any changes to the terms or operation of this
Agreement, including the timing of the payment and/or vesting of all or a portion of the amounts
payable hereunder, that the Company determines (based on advice of counsel) to be reasonably
necessary in connection with Section 409A.
e.
Notwithstanding any other provision herein, each Member hereby
authorizes the Company to withhold and to pay over, or otherwise pay, any withholding or other
taxes payable by the Company with respect to distributions to such Member if, and to the extent,
that the Company shall be required to withhold and pay any such taxes. Any such amounts
withheld and paid shall be treated as cash distributed to such Member. Each Member shall, to
the fullest extent permitted by applicable law, indemnify and hold harmless each Person who is,
or who is deemed to be, the responsible withholding agent (the "Agent") for federal, state, local
and foreign tax purposes against all claims, liabilities and expenses of whatever nature relating to
the Agent's obligation to withhold and to pay over, or otherwise pay, any withholding or other
taxes on any distributions to such Member, payable by the Company. My withholdings referred
DOC ID 25061468.12
61
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e)
DB-SDNY-0047104
CONFIDENTIAL
SDNY_GM_00193288
EFTA01359098
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