PROFITS INTEREST AGREEMENT OF AIP OPERATION LLCProfits Interest Agreement • May 10th, 2017 • Acacia Research Corp • Patent owners & lessors • Delaware
This Profits Interest Agreement (this “Agreement”) is entered into as of [•] (the “Effective Date”) by and between AIP OPERATION LLC, a Delaware limited liability company (the “Company”), and [•] (“Participant”). Capitalized terms used in this Agreement but not otherwise defined herein shall have the same meanings given them in the LLC Agreement (as defined below).
