Adjustment of Participation Thresholds. If the Company makes any distribution pursuant to Section 4.1(a) or redeems or repurchases Class B Units and Class C Units (to the extent attributable to the redeemed or repurchased Class B Units’ and Class C Units’ entitlement to distributions pursuant to Section 4.1(a)), then the Participation Threshold of Class C-1 Units outstanding at the time of such distribution, redemption or repurchase will be reduced (but not below zero) by the aggregate amount of distributions made pursuant to Section 4.1(a) or the portion of which is attributable to the redeemed or repurchased Class B Units’ and Class C Units’ entitlement to distributions pursuant to Section 4.1(a), as applicable.
