GRANT AGREEMENT UNDER THE OAKTREE CAPITAL GROUP, LLCGrant Agreement • February 24th, 2012 • Oaktree Capital Group, LLC • Investment advice • Delaware
This GRANT AGREEMENT (as may be amended, modified, supplemented or restated from time to time, this “Agreement”) is effective as of [ ] (the “Effective Date”), by and among OAKTREE CAPITAL GROUP HOLDINGS, L.P., a Delaware limited partnership (the “Partnership”), OAKTREE CAPITAL GROUP HOLDINGS GP, LLC, a Delaware limited liability company (in its capacity as the general partner of the Partnership, the “General Partner”), and [ ], an individual (the “Participant”). Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Oaktree Capital Group, LLC 2011 Equity Incentive Plan (the “Plan”) and the Second Amended and Restated Limited Partnership Agreement of the Partnership (the “Partnership”), dated as of March 28, 2008 (as may be amended, modified, supplemented or restated from time to time, the “Partnership Agreement”), as applicable.
