Common use of Term of the Agreement; Termination of Certain Provisions Clause in Contracts

Term of the Agreement; Termination of Certain Provisions. (a) The term of this Agreement shall continue until such time as no Covered Person holds any Covered Och-Ziff Operating Group A Units or Registrable Securities. (b) Unless this Agreement is terminated pursuant to Section 3.1(a) hereof, a Covered Person shall be bound by the provisions of this Agreement with respect to any Covered Och-Ziff Operating Group A Units or Registrable Securities until such time as such Covered Person ceases to hold any Covered Och-Ziff Operating Group A Units or Registrable Securities. Thereafter, such Covered Person shall no longer be bound by the provisions of this Agreement other than Sections 2.9, 2.10, 2.11 and 2.13 and this Article III, and such Covered Person’s name shall be removed from Appendix A to this Agreement. Any person that has ceased to be a Covered Person and that reacquires Covered Och-Ziff Operating Group A Units or Registrable Securities shall be added to Appendix A as a Covered Person; provided, that such person shall first sign an agreement in the form approved by the Company acknowledging that such person is bound by the terms and provisions of this Agreement. (c) Any Permitted Transferee shall be added to Appendix A as a Covered Person; provided, that such Permitted Transferee shall first sign an agreement in the form approved by the Company acknowledging that such Permitted Transferee is bound by the terms and provisions of this Agreement.

Term of the Agreement; Termination of Certain Provisions. (a) The term of this Agreement shall continue until the first to occur of (i) such time as no Covered Person holds any Covered Och-Ziff Operating Group A Partnership Units or Registrable SecuritiesSecurities and (ii) such time as the Agreement is terminated by KKR Holdings. (b) Unless this Agreement is theretofore terminated pursuant to Section 3.1(a) hereof, a Covered Person shall be bound by the provisions of this Agreement with respect to any Covered Och-Ziff Operating Group A Partnership Units or Registrable Securities until such time as such Covered Person ceases to hold any Covered Och-Ziff Operating Group A Partnership Units or Registrable Securities. Thereafter, such Covered Person shall no longer be bound by the provisions of this Agreement other than Sections 2.92.7, 2.102.8, 2.9 and 2.11 and 2.13 and this Article III, and such Covered Person’s name shall be removed from Appendix A to this Agreement. Any person that has ceased to be a Covered Person and that reacquires Covered Och-Ziff Operating Group A Partnership Units or Registrable Securities shall be added to Appendix A as a Covered Person; provided, provided that such person shall first sign an agreement in the form approved by the Company Partnership acknowledging that such person is bound by the terms and provisions of this Agreementthe Agreement and such agreement is received by the Partnership. (c) Any Permitted Transferee shall be added to Appendix A as a Covered Person; provided, provided that such Permitted Transferee shall first sign is authorized by KKR Holdings to become a Covered Person and such Permitted Transferee signs an agreement in the form approved by the Company Partnership acknowledging that such Permitted Transferee is bound by the terms and provisions of this Agreementthe Agreement and such agreement is received by the Partnership.

Term of the Agreement; Termination of Certain Provisions. (a) The term of this Agreement shall continue until the first to occur of (i) such time as no Covered Person holds any Covered Och-Ziff Operating Group A LLC Units or Registrable Securities and (ii) such time as the Agreement is terminated by the Company and Medley Group. This Agreement may be amended only with the consent of the Company and Medley Group; provided that no amendment may materially and adversely affect the rights of a Covered Person, as such, other than on a pro rata basis with other Covered Persons without the consent of such Covered Person (or, if there is more than one such Covered Person that is so affected, without the consent of a majority of such affected Covered Persons in accordance with their holdings of Covered LLC Units and Registrable Securities). (b) Unless this Agreement is theretofore terminated pursuant to Section 3.1(a) hereof, a Covered Person shall be bound by the provisions of this Agreement with respect to any Covered Och-Ziff Operating Group A LLC Units or Registrable Securities until such time as such Covered Person ceases to hold any Covered Och-Ziff Operating Group A LLC Units or Registrable Securities. Thereafter, such Covered Person shall no longer be bound by the provisions of this Agreement other than Sections 2.92.7, 2.102.8, 2.9 and 2.11 and 2.13 and this Article III, and such Covered Person’s name shall be removed from Appendix A to this Agreement. Any person that has ceased to be a Covered Person and that reacquires Covered Och-Ziff Operating Group A Units or Registrable Securities shall be added to Appendix A as a Covered Person; provided, that such person shall first sign an agreement in the form approved by the Company acknowledging that such person is bound by the terms and provisions of this Agreement. (c) Any Permitted Transferee of a Covered Person shall be added entitled to Appendix A become part to this agreement as a Covered Person; provided, that that, such Permitted Transferee shall first sign an agreement in the form approved by the Company acknowledging that such Permitted Transferee is bound by the terms and provisions of this the Agreement.

Term of the Agreement; Termination of Certain Provisions. (a) The term of this Agreement shall continue until the first to occur of (i) such time as no Covered Person holds any Covered Och-Ziff Operating Group A Blackstone Holdings Partnership Units or Registrable SecuritiesSecurities and (ii) such time as the Agreement is terminated by the Demand Committee. (b) Unless this Agreement is theretofore terminated pursuant to Section 3.1(a) hereof, a Covered Person shall be bound by the provisions of this Agreement with respect to any Covered Och-Ziff Operating Group A Blackstone Holdings Partnership Units or Registrable Securities until such time as such Covered Person ceases to hold any Covered Och-Ziff Operating Group A Blackstone Holdings Partnership Units or Registrable Securities. Thereafter, such Covered Person shall no longer be bound by the provisions of this Agreement other than Sections 2.92.7, 2.102.8, 2.9 and 2.11 and 2.13 and this Article III, and such Covered Person’s name shall be removed from Appendix A to this Agreement. Any person that has ceased to be a Covered Person and that reacquires Covered Och-Ziff Operating Group A Blackstone Holdings Partnership Units or Registrable Securities shall be added to Appendix A as a Covered Person; provided, that that, such person shall first sign an agreement in the form approved by the Company Partnership acknowledging that such person is bound by the terms and provisions of this the Agreement. (c) Any Permitted Transferee shall be added to Appendix A as a Covered Person; provided, that that, such Permitted Transferee shall first sign an agreement in the form approved by the Company Partnership acknowledging that such Permitted Transferee is bound by the terms and provisions of this the Agreement.

Term of the Agreement; Termination of Certain Provisions. (a) The term of this Agreement shall continue until the first to occur of (i) such time as no Covered Person holds any Covered Och-Ziff Operating Group A Partnership Units or Registrable Securities and (ii) such time as the Agreement is terminated by the Company and the Demand Committee. This Agreement may be amended only with the consent of the Company and the Demand Committee; provided that no amendment may materially and adversely affect the rights of a Covered Person, as such, other than on a pro rata basis with other Covered Persons without the consent of such Covered Person (or, if there is more than one such Covered Person that is so affected, without the consent of a majority of such affected Covered Persons in accordance with their holdings of Covered Partnership Units and Registrable Securities, including each so affected Significant Limited Partner). (b) Unless this Agreement is theretofore terminated pursuant to Section 3.1(a) hereof, a Covered Person shall be bound by the provisions of this Agreement with respect to any Covered Och-Ziff Operating Group A Partnership Units or Registrable Securities until such time as such Covered Person ceases to hold any Covered Och-Ziff Operating Group A Partnership Units or Registrable Securities. Thereafter, such Covered Person shall no longer be bound by the provisions of this Agreement other than Sections 2.92.7, 2.102.8, 2.9 and 2.11 and 2.13 and this Article III, and such Covered Person’s name shall be removed from Appendix A to this Agreement. Any person that has ceased to be a Covered Person and that reacquires Covered Och-Ziff Operating Group A Units or Registrable Securities shall be added to Appendix A as a Covered Person; provided, that such person shall first sign an agreement in the form approved by the Company acknowledging that such person is bound by the terms and provisions of this Agreement. (c) Any Permitted Transferee of a Covered Person shall be added entitled to Appendix A become part to this agreement as a Covered Person; provided, that that, such Permitted Transferee shall first sign an agreement in the form approved by the Company acknowledging that such Permitted Transferee is bound by the terms and provisions of this the Agreement.

Term of the Agreement; Termination of Certain Provisions. (a) The term of this Agreement shall continue until the first to occur of (i) such time as no Covered Person holds any Covered Och-Ziff Operating Group A Holdings Units or Registrable Securities and (ii) such time as the Agreement is terminated by the Company and the Demand Committee. This Agreement may be amended only with the consent of the Company and the Demand Committee; provided that no amendment may materially and adversely affect the rights of a Covered Person, as such, other than on a pro rata basis with other Covered Persons without the consent of such Covered Person (or, if there is more than one such Covered Person that is so affected, without the consent of a majority of such affected Covered Persons in accordance with their holdings of Covered Holdings Units and Registrable Securities). (b) Unless this Agreement is theretofore terminated pursuant to Section 3.1(a) hereof, a Covered Person shall be bound by the provisions of this Agreement with respect to any Covered Och-Ziff Operating Group A Holdings Units or Registrable Securities until such time as such Covered Person ceases to hold any Covered Och-Ziff Operating Group A Holdings Units or Registrable Securities. Thereafter, such Covered Person shall no longer be bound by the provisions of this Agreement other than Sections 2.92.7, 2.102.8, 2.9 and 2.11 and 2.13 and this Article III, and such Covered Person’s name shall be removed from Appendix A to this Agreement. Any person that has ceased to be a Covered Person and that reacquires Covered Och-Ziff Operating Group A Units or Registrable Securities shall be added to Appendix A as a Covered Person; provided, that such person shall first sign an agreement in the form approved by the Company acknowledging that such person is bound by the terms and provisions of this Agreement. (c) Any Permitted Transferee of a Covered Person shall be added entitled to Appendix A become part to this agreement as a Covered Person; provided, that that, such Permitted Transferee shall first sign an agreement in the form approved by the Company acknowledging that such Permitted Transferee is bound by the terms and provisions of this the Agreement.

Term of the Agreement; Termination of Certain Provisions. (a) The term of this Agreement shall continue until the first to occur of (i) such time as no Covered Person holds any Covered Och-Ziff Operating Group A Holdings Units or Registrable Securities and (ii) such time as the Agreement is terminated by both of (A) Vestar (to the extent it or its affiliates holds Covered Holdings Units or Registrable Securities), (B) Xxxxxx X. Xxxxxxxx, Xx. (to the extent he or his affiliates continues to hold a number of Covered Holdings Units that is equal to or greater than 3% of the number of Holdings Units outstanding immediately following the closing of the Initial Public Offering and the related repurchase of Holdings Units with the proceeds therefrom (such number to be adjusted for any subdivision or combination of the Holdings Units effected after the closing of the Initial Public Offering)) and (C) holders of two thirds of the outstanding Covered Holdings Units. This Agreement may be amended only with the consent of the Company and the holders of Covered Holdings Units required to terminate this Agreement. (b) Unless this Agreement is theretofore terminated pursuant to Section 3.1(a) hereof, a Covered Person shall be bound by the provisions of this Agreement with respect to any Covered Och-Ziff Operating Group A Holdings Units or Registrable Securities until such time as such Covered Person ceases to hold any Covered Och-Ziff Operating Group A Holdings Units or Registrable Securities. Thereafter, such Covered Person shall no longer be bound by the provisions of this Agreement other than Sections 2.92.7, 2.102.8, 2.9 and 2.11 and 2.13 and this Article III, and such Covered Person’s name shall be removed from Appendix A to this Agreement. Any person that has ceased to be a Covered Person and that reacquires Covered Och-Ziff Operating Group A Units or Registrable Securities shall be added to Appendix A as a Covered Person; provided, that such person shall first sign an agreement in the form approved by the Company acknowledging that such person is bound by the terms and provisions of this Agreement. (c) Any Permitted Transferee of a Covered Person shall be added entitled to Appendix A become part to this agreement as a Covered Person; provided, that that, such Permitted Transferee shall first sign an agreement in the form approved by the Company acknowledging that such Permitted Transferee is bound by the terms and provisions of this the Agreement.

Term of the Agreement; Termination of Certain Provisions. (a) The term of this Agreement shall continue until the first to occur of (i) such time as no Covered Person holds any Covered Och-Ziff Operating Group A Holdings Units or Registrable Securities, (ii) such time as the Agreement is terminated by holders of two thirds of the outstanding Covered Holdings Units and (iii) such time as the Other Registration Rights Agreement is terminated. This Agreement may be amended only with the consent of the Company and the holders of Covered Holdings Units required to terminate this Agreement. (b) Each Covered Person shall be deemed to approve any modification, amendment or waiver to this Agreement that is the same in substance, mutatis mutandis, as a modification, amendment or waiver to the Other Registration Rights Agreement that has been duly approved by the parties to such Other Registration Rights Agreement, upon receipt of notice of such modification, amendment or waiver. (c) Unless this Agreement is theretofore terminated pursuant to Section 3.1(a) hereof, a Covered Person shall be bound by the provisions of this Agreement with respect to any Covered Och-Ziff Operating Group A Holdings Units or Registrable Securities until such time as such Covered Person ceases to hold any Covered Och-Ziff Operating Group A Holdings Units or Registrable Securities. Thereafter, such Covered Person shall no longer be bound by the provisions of this Agreement other than Sections 2.92.7, 2.102.8, 2.9 and 2.11 and 2.13 and this Article III, and such Covered Person’s name shall be removed from Appendix A to this Agreement. . (d) Any person that has ceased to be Permitted Transferee of a Covered Person and that reacquires Covered Och-Ziff Operating Group A Units or Registrable Securities shall be added entitled to Appendix A become part to this agreement as a Covered Person; provided, that such person shall first sign an agreement in the form approved by the Company acknowledging that such person is bound by the terms and provisions of this Agreement. (c) Any Permitted Transferee shall be added to Appendix A as a Covered Person; providedthat, that such Permitted Transferee shall first sign an agreement in the form approved by the Company acknowledging that such Permitted Transferee is bound by the terms and provisions of this the Agreement.

Term of the Agreement; Termination of Certain Provisions. (a) The term of this Agreement shall continue until the first to occur of (i) such time as no Covered Person holds any Covered Och-Ziff Operating Group A Holdings Units or Registrable Securities and (ii) such time as the Agreement is terminated by each of (A) Vestar (to the extent it or its affiliates holds Covered Holdings Units or Registrable Securities), (B) Xxxxxx X. Xxxxxxxx, Xx. (to the extent he or his affiliates continues to hold a number of Covered Holdings Units that is equal to or greater than 3% of the number of Holdings Units outstanding immediately following the closing of the Initial Public Offering and the related repurchase of Holdings Units with the proceeds therefrom (such number to be adjusted for any subdivision or combination of the Holdings Units effected after the closing of the Initial Public Offering)) and (C) holders of two thirds of the outstanding Covered Holdings Units. This Agreement may be amended only with the consent of the Company and the holders of Covered Holdings Units required to terminate this Agreement. (b) Unless this Agreement is theretofore terminated pursuant to Section 3.1(a) hereof, a Covered Person shall be bound by the provisions of this Agreement with respect to any Covered Och-Ziff Operating Group A Holdings Units or Registrable Securities until such time as such Covered Person ceases to hold any Covered Och-Ziff Operating Group A Holdings Units or Registrable Securities. Thereafter, such Covered Person shall no longer be bound by the provisions of this Agreement other than Sections 2.92.7, 2.102.8, 2.9 and 2.11 and 2.13 and this Article III, and such Covered Person’s name shall be removed from Appendix A to this Agreement. Any person that has ceased to be a Covered Person and that reacquires Covered Och-Ziff Operating Group A Units or Registrable Securities shall be added to Appendix A as a Covered Person; provided, that such person shall first sign an agreement in the form approved by the Company acknowledging that such person is bound by the terms and provisions of this Agreement. (c) Any Permitted Transferee of a Covered Person shall be added entitled to Appendix A become part to this agreement as a Covered Person; provided, that that, such Permitted Transferee shall first sign an agreement in the form approved by the Company acknowledging that such Permitted Transferee is bound by the terms and provisions of this the Agreement.

Term of the Agreement; Termination of Certain Provisions. (a) The term of this Agreement shall continue until such time as no the Covered Person holds any Covered OchPersons hold less than one-Ziff Operating Group A Units or hundred thousand (100,000) Registrable SecuritiesSecurities in the aggregate. (b) Unless this Agreement is terminated pursuant to Section 3.1(a) hereof, a Covered Person shall be bound by the provisions of this Agreement with respect to any Covered Och-Ziff Operating Group A Units or Registrable Securities until such time as such Covered Person ceases to hold any Covered Och-Ziff Operating Group A Units or Registrable Securities. Thereafter, such Covered Person shall no longer be bound by the provisions of this Agreement other than Sections 2.92.7, 2.102.8, 2.9 and 2.11 and 2.13 and this Article III, and such Covered Person’s name shall be removed from Appendix A to this Agreement. Any person that has ceased to be a Covered Person and that reacquires Covered Och-Ziff Operating Group A Units or Registrable Securities shall be added to Appendix A as a Covered Person; provided, that such person shall first sign an agreement in the form approved by the Company acknowledging that such person is bound by the terms and provisions of this Agreement. (c) Any Permitted Transferee shall be added to Appendix A as a Covered Person; provided, that such Permitted Transferee shall first sign an agreement in the form approved by the Company acknowledging that such Permitted Transferee is bound by the terms and provisions of this Agreement.

Term of the Agreement; Termination of Certain Provisions. (a) The term of this Agreement shall continue until the first to occur of (i) such time as no Covered Person holds any Covered Och-Ziff Operating Group A Blackstone Holdings Partnership Units or Registrable SecuritiesSecurities and (ii) such time as the Agreement is terminated by the Demand Committee. (b) Unless this Agreement is theretofore terminated pursuant to Section 3.1(a) hereof, a Covered Person shall be bound by the provisions of this Agreement with respect to any Covered Och-Ziff Operating Group A Blackstone Holdings Partnership Units or Registrable Securities until such time as such Covered Person ceases to hold any Covered Och-Ziff Operating Group A Blackstone Holdings Partnership Units or Registrable Securities. Thereafter, such Covered Person shall no longer be bound by the provisions of this Agreement other than Sections 2.92.7, 2.102.8, 2.9 and 2.11 and 2.13 and this Article III, and such Covered Person’s name shall be removed from Appendix A to this Agreement. Any person that has ceased to be a Covered Person and that reacquires Covered Och-Ziff Operating Group A Blackstone Holdings Partnership Units or Registrable Securities shall be added to Appendix A as a Covered Person; provided, that such person shall first sign an agreement in the form approved by the Company Corporation acknowledging that such person is bound by the terms and provisions of this the Agreement. (c) Any Permitted Transferee shall be added to Appendix A as a Covered Person; provided, that such Permitted Transferee shall first sign an agreement in the form approved by the Company Corporation acknowledging that such Permitted Transferee is bound by the terms and provisions of this the Agreement.

Term of the Agreement; Termination of Certain Provisions. (a) The term of this Agreement shall continue until the first to occur of (i) such time as no Covered Person holds any Covered Och-Ziff Operating Group A Units Interests or Registrable SecuritiesSecurities and (ii) such time as this Agreement is terminated by the affirmative vote of Covered Persons that beneficially own not less than 66 2/3% of the outstanding Voting Interests. (b) Unless this Agreement is theretofore terminated pursuant to Section 3.1(a5.1(a) hereof, a Covered Person shall be bound by the provisions of this Agreement with respect to any Covered Och-Ziff Operating Group A Units Interest or Registrable Securities Security until such time as such Covered Person ceases to hold any Covered Och-Ziff Operating Group A Units Interest or Registrable SecuritiesSecurity. Thereafter, such Covered Person shall no longer be bound by the provisions of this Agreement other than Sections 2.94.7, 2.104.8, 2.11 4.9 and 2.13 4.11 and this Article IIIV (the “Continuing Provisions”), and such Covered Person’s name shall be removed from Appendix A to this Agreement. . (c) Any person that has ceased to be transferee of a Covered Person Interest pursuant to, and that reacquires Covered Och-Ziff in accordance with, a permitted transfer under the Operating Agreement or the Lazard Group A Units or Registrable Securities Operating Agreement (each, a “Permitted Transferee”) shall be added to Appendix A as a Covered Person; provided, that such person shall first sign an agreement in the form approved by the Company acknowledging that such person is bound by the terms and provisions of this Agreement. (c) Any Permitted Transferee shall be added to Appendix A as a Covered Person; provided, provided that such Permitted Transferee shall first sign an agreement in the form approved by the Company Lazard Ltd acknowledging that such Permitted Transferee is bound by the terms and provisions of this the Agreement.