SEPARATION AND TRANSITION AGREEMENTSeparation and Transition Agreement • May 5th, 2015 • Och-Ziff Capital Management Group LLC • Investment advice • New York
This letter agreement (this "Letter Agreement"), effective as of July 11, 2014 (the "Effective Date"), confirms the arrangements relating to your provision of transitional services to, and your Withdrawal from, OZ Advisors LP, OZ Advisors II LP, and OZ Management LP (each, an "Operating Partnership"), resulting from your decision to resign and cease to be actively involved with the Operating Partnerships and their Affiliates. You have agreed that your Withdrawal from each of the Operating Partnerships shall be effective as of June 30, 2015 (the "Separation Date"). Capitalized terms used herein, but not defined herein, shall have the meanings assigned to them in the limited partnership agreements of the Operating Partnerships (as amended, supplemented, or modified from time to time, the "Operating Partnership Agreements"). You, Och-Ziff Holding Corporation ("OZ Holding Corp"), as the general partner of each of OZ Advisors LP and OZ Management LP, and Och-Ziff Holding LLC ("OZ Holding LL
