Common use of Purposes of the Company Clause in Contracts

Purposes of the Company. The Company is organized for the purposes of (i) allocating its assets among investment funds managed by Goldman Sachs Hedge Fund Strategies LLC or any successor xxxxxxxs xxxxeto (such funds, their successors or any funds which replace them or to which the Company allocates its assets in accordance with this Agreement, the "Sector Funds"), each of which directly, or indirectly through limited liability companies or other entities managed by Goldman Sachs Hedge Fund Strategies LLC or an Affiliate (as defixxx xx Section 2.05) thereof (the "Portfolio Companies"), allocates its assets to, or invests in entities managed by, independent investment managers (the "Advisors") (that may or may not be Affiliates of the Managing Member) that employ investment strategies primarily within the tactical trading sector, the equity long/short sector, the relative value sector or the event driven sector, (ii) directly allocating assets to Advisors, (iii) engaging in any other lawful act or activity for which limited liability companies may be organized under the Act, and (iv) engaging in any and all activities and transactions as the Managing Member may deem necessary or advisable in connection therewith. The initial Sector Funds shall be Goldman Sachs Global Tactical Trading II, LLC, Goldman Sachs Glxxxx Xqxxxx Long/Short, LLC, Goldman Sachs Gxxxxx Xelative Value II, LLC and Goldman Sachs Xxxxxx Xxxxx Driven, LLC. The allocation of txx Xxxpany's assets among the Sector Funds or directly to Advisors shall be determined in the sole discretion of the Managing Member.

Purposes of the Company. (a) The Company is organized for the purposes of (i) allocating its assets among investment funds managed by Goldman Sachs Hedge Fund Strategies Princeton LLC or any successor xxxxxxxs xxxxeto entities thereto (such fundsfxxxx, their txxxx successors or any funds which replace them or to which the Company allocates its assets in accordance with this Agreement, the "Sector Investment Funds"), each of which directly, directly or indirectly through limited liability companies or other entities managed by Goldman Sachs Hedge Fund Strategies Princeton LLC or an Affiliate (as defixxx xx defined in Section 2.052.00) thereof xxxxeof (the "Portfolio Companies"), ) allocates its assets to, or invests in entities managed by, independent investment managers (the "Advisors") (that may or may not be Affiliates of the Managing Member) that employ investment strategies primarily within the tactical trading sector, the equity long/short sector, the relative value sector or the event driven sector, (ii) directly allocating assets to Advisors, (iii) engaging in any other lawful act or activity for which limited liability companies may be organized under the Act, and (iviii) engaging in any and all activities and transactions as the Managing Member may deem necessary or advisable in connection therewith. The initial Sector Investment Funds shall be Goldman Sachs Global Tactical Trading II, LLC, Goldman Sachs Glxxxx Xqxxxx LongGlobal Eqxxxx Xxnx/ShortXxxrt, LLC, Goldman Sachs Gxxxxx Xelative Value Global Relxxxxx Xalue II, LLC and Goldman Sachs Xxxxxx Xxxxx DrivenGlobal Exxxx Xxixxx, LLC. The allocation of txx Xxxpany's assets the Company'x xxxxxs among the Sector Investment Funds or directly to Advisors shall be determined in the sole discretion of the Managing Member. (b) Upon the termination of any Investment Fund or if an Investment Fund is no longer accepting additional subscriptions, the Managing Member may, in its sole discretion, allocate the assets previously allocated to such Investment Fund or other assets to any successor entity thereto (or, if there are multiple successors, to the successors thereto), to one or more entities which individually or collectively have an investment objective similar to that of such Investment Fund, or, after notifying the Non-Managing Members and providing them with an opportunity to redeem their Units in accordance with the applicable provisions of Section 5.02, as it shall otherwise determine in its sole discretion.

Purposes of the Company. The Company is organized for the purposes of (i) allocating its assets among investment funds managed by Goldman Sachs Hedge Fund Strategies LLC or any successor xxxxxxxs xxxxeto exxxxxxx xxxxxto (such funds, their successors or any funds which replace them or to which the Company allocates its assets in accordance with this Agreement, the "Sector Funds"), each of which directly, or indirectly through limited liability companies or other entities managed by Goldman Sachs Hedge Fund Strategies LLC or an Affiliate (as defixxx xx xxxxxxd in Section 2.05) thereof (the "Portfolio Companies"), allocates its assets to, or invests in entities managed by, independent investment managers (the "Advisors") (that may or may not be Affiliates of the Managing Member) that employ investment strategies primarily within the tactical trading sector, the equity long/short sector, the relative value sector or the event driven sector, (ii) directly allocating assets to Advisors, (iii) engaging in any other lawful act or activity for which limited liability companies may be organized under the Act, and (iv) engaging in any and all activities and transactions as the Managing Member may deem necessary or advisable in connection therewith. The initial Sector Funds shall be Goldman Sachs Global Tactical Trading IITrading, LLC, Goldman Sachs Glxxxx Xqxxxx LongGlobax Xxxxxy Xxxx/Short, LLC, Goldman Sachs Gxxxxx Xelative Value IIGloxxx Xxlative Value, LLC and Goldman Sachs Xxxxxx Xxxxx DrivenGxxxxx Xvexx Xxiven, LLC. The allocation of txx Xxxpanythe Cxxxxxx's assets among the Sector Funds or directly to Advisors shall be determined in the sole discretion of the Managing Member.

Purposes of the Company. (a) The Company is organized for the purposes of (i) allocating its assets among investment funds managed by Goldman Sachs Hedge Fund Strategies Princeton LLC or any successor xxxxxxxs xxxxeto entities thereto (such fundssuxx xxxxs, their xxeir successors or any funds which replace them or to which the Company allocates its assets in accordance with this Agreement, the "Sector Investment Funds"), each of which directly, directly or indirectly through limited liability companies or other entities managed by Goldman Sachs Hedge Fund Strategies Princeton LLC or an Affiliate (as defixxx xx defined in Section 2.050.00) thereof (the "Portfolio Companies"), ) allocates its assets to, or invests in entities managed by, independent investment managers (the "Advisors") (that may or may not be Affiliates of the Managing Member) that employ investment strategies primarily within the tactical trading sector, the equity long/short sector, the relative value sector or the event driven sector, (ii) directly allocating assets to Advisors, (iii) engaging in any other lawful act or activity for which limited liability companies may be organized under the Act, and (iviii) engaging in any and all activities and transactions as the Managing Member may deem necessary or advisable in connection therewith. The initial Sector Investment Funds shall be Goldman Sachs Global Tactical Trading IITrading, LLC, Goldman Sachs Glxxxx Xqxxxx LongGlobax Xxxxxy Xxxx/Short, LLC, Goldman Sachs Gxxxxx Xelative Value IIGlobal Xxxxxxxe Value, LLC and Goldman Sachs Xxxxxx Global Xxxxx DrivenXxxxxn, LLC. The allocation of txx Xxxpanythe Xxxxxxx's assets among the Sector Investment Funds or directly to Advisors shall be determined in the sole discretion of the Managing Member. (b) Upon the termination of any Investment Fund or if an Investment Fund is no longer accepting additional subscriptions, the Managing Member may, in its sole discretion, allocate the assets previously allocated to such Investment Fund or other assets to any successor entity thereto (or, if there are multiple successors, to the successors thereto), to one or more entities which individually or collectively have an investment objective similar to that of such Investment Fund, or, after notifying the Non-Managing Members and providing them with an opportunity to redeem their Units in accordance with the applicable provisions of Section 5.02, as it shall otherwise determine in its sole discretion.

Purposes of the Company. The Company is organized for the purposes of (i) allocating its assets among investment funds managed by Goldman Sachs Hedge Fund Strategies LLC or any successor xxxxxxxs xxxxeto (such funds, their successors or any funds which replace them or to which the Company allocates its assets in accordance with this Agreement, the "Sector Funds"), each of which directly, or indirectly through limited liability companies or other entities managed by Goldman Sachs Hedge Fund Strategies LLC or an Affiliate (as defixxx xx Section 2.05) thereof (the "Portfolio Companies"), allocates its assets to, or invests in entities managed by, independent investment managers (the "Advisors") (that may or may not be Affiliates of the Managing Member) that employ investment strategies primarily within the tactical trading sector, the equity long/short sector, the relative value sector or the event driven sector, (ii) directly allocating assets to Advisors, (iii) engaging in any other lawful act or activity for which limited liability companies may be organized under the Act, and (iv) engaging in any and all activities and transactions as the Managing Member may deem necessary or advisable in connection therewith. The initial Sector Funds shall be Goldman Sachs Global Tactical Trading IITrading, LLC, Goldman Sachs Glxxxx Xqxxxx Gloxxx Xxuxxx Long/Short, LLC, Goldman Sachs Gxxxxx Xelative Value IIValue, LLC and Goldman Sachs Xxxxxx Xxxxx Gxxxxx Exxxx Driven, LLC. The allocation of txx Xxxpanyxxx Xompany's assets among the Sector Funds or directly to Advisors shall be determined in the sole discretion of the Managing Member.