Och-Ziff Capital Management Group LLC New York, New York 10019Term Sheet • December 6th, 2018 • Och-Ziff Capital Management Group LLC • Investment advice • Delaware
This binding letter agreement (as amended, supplemented or otherwise modified from time to time, this “Agreement”) is effective as of December 5, 2018 (the “Effective Date”) and sets forth the agreements, arrangements, understandings and intentions of Och-Ziff Capital Management Group LLC (the “Company”) and the subsidiaries of the Company set forth on the signature pages hereto (the “OZ Subsidiaries” and, together with the Company, the “OZ Parties”), on the one hand, and Daniel S. Och (“DSO”), on the other, with respect to certain recapitalization arrangements to be implemented at the Company and its subsidiaries.
