Common use of Co-Investments Clause in Contracts

Co-Investments. The Manager may establish and manage other entities formed for the purpose of investing on a side-by-side basis with the Company or any Series in certain of such Person’s investments. The Manager may, but is not obligated to, offer the opportunity to invest in such a co-investment vehicle to all or any subset of the Members and/or to third parties. Such co- investment vehicles may or may not be charged a management fee, a carried interest or both. The percentage participation of a Member in a co-investment vehicle may be less than or greater than its participation in the Company with respect to a Series. Expenses relating to any specific investment that are common to more than one Series and to a co-investment vehicle will be shared by such entities in accordance with the actual pro rata investment percentages of such Series and the co-investment vehicles participating in such investment, respectively, relating to such investments. The Manager may determine that an investment opportunity in a particular investment is appropriate for, and is available to, one or more Series and one or more co-investment vehicles. In such a case, the Manager will endeavor to allocate such investment opportunities in a fair and equitable manner as determined in its sole discretion. Mammoth Private Capital, LLC

Co-Investments. The Manager may establish and manage other entities formed for the purpose of investing on a side-by-side basis with the Company or any Series in certain of such Person’s investments. The Manager may, but is not obligated to, offer the opportunity to invest in such a co-investment vehicle to all or any subset of the Members and/or to third parties. Such co- investment vehicles may or may not be charged a management fee, a carried interest or both. The percentage participation of a Member in a co-investment vehicle may be less than or greater than its participation in the Company with respect to a Series. Expenses relating to any specific investment that are common to more than one Series and to a co-investment vehicle will be shared by such entities in accordance with the actual pro rata investment percentages of such Series and the co-investment vehicles participating in such investment, respectively, relating to such investments. The Manager may determine that an investment opportunity in a particular investment is appropriate for, and is available to, one or more Series and one or more co-investment vehicles. In such a case, the Manager will endeavor to allocate such investment opportunities in a fair and equitable manner as determined in its sole discretion. Mammoth Private Capital, LLC.