GLDUS238 SOUTHERN FINANCIAL LLC
Proprietary and Confidential
Limited Partners and facilitate the process for Limited Partners to sell all or any portion of their Interests;
reasonable out-of-pocket expenses ... expenses) of
hosting meetings of the Partners, or otherwise holding meetings or conferences with Limited Partners,
whether individually or in a group) attending meetings with the Placement Agents; any expenses ... indemnification and extraordinary expenses). In addition to the foregoing, Partnership
Expenses include, and therefore Limited Partners will be responsible for, all ofthe operating expenses of
the General Partner. Notwithstanding anything
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01382921.pdf
meaning of Section 469 of the Code. Accordingly,
(i) the deduction by a Limited Partner of his or her share of the losses or deductions of the Partnership will ... restricted under Section 469 of the Code, and (ii) a Limited Partner who is an individual will not be
able to deduct losses from other "passive activities" against ... Partnership's income may
be subject to foreign income taxes, including withholding taxes. A Limited Partner may elect either to
deduct such Partner's share of such foreign taxes
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01374111.pdf
below, which will be equal to or less than the amount offered by
the Limited Partner above, or (b) if left blank, then the Limited Partners entire requested amount ... Interest
set forth next to the Limited Partner's signature above.
Net Amount of Interest: $
Glendower Access Secondary Opportunities IV GP LLC
By: Institutional Capital Network, Inc., its sole member
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01391210.pdf