Document:

Exhibit 10.2

 

EXECUTION VERSION

 

FXCM GROUP, LLC

2016 INCENTIVE BONUS PLAN

FOR FOUNDERS AND EXECUTIVES

 

		1.	Adoption and Purpose of the Plan. FXCM Group, LLC, a limited liability company organized
and existing under the laws of the State of Delaware (the “Company”), hereby adopts, effective as of the Effective
Date, this FXCM Group, LLC Incentive Bonus Plan for Founders and Executives (the “Plan”) to provide certain
key employees of the Company and its Affiliates with additional incentives through the payment of cash bonuses based on the cash
flow distributions from the Company and the issuance of equity interests in specified circumstances. Capitalized terms used herein
that are not otherwise defined herein shall have the meanings assigned to them under the Amended and Restated Limited Liability
Company Agreement of FXCM Group, LLC, dated as of September 1, 2016 (the “LLC Agreement”).

 

		2.	Definitions. The following terms shall have the following meanings for purposes of this
Plan:

 

		(a)	“Administrator” shall have the meaning set forth in Section 4 of this Plan.

 

		(b)	“Affiliate” shall have the meaning set forth in the first sentence of Section 1.1(6) of the LLC Agreement.

 

		(c)	“Bonus” shall have the meaning set forth in Section 5 of this Plan.

 

		(d)	“Bonus Pool Percentage” shall have the meaning set forth in Section 4 of this Plan.

 

		(e)	“Bonus Unit” shall have the meaning set forth in Section 8(b) of this Plan.

 

		(f)	“Cause” shall mean (i) a Participant’s engagement in misconduct which
is materially injurious to the Company or any of its Affiliates, (ii) a Participant’s failure on more than one occasion,
after receiving due notice of such failure, to substantially perform Participant’s duties to the Company or any of its Affiliates,
(iii) a Participant’s repeated dishonesty in the performance of such Participant’s duties to the Company or any
of its Affiliates, (iv) a Participant’s commission of an act or acts constituting any (A) fraud against, or misappropriation
or embezzlement from the Company or any of its Affiliates, (B) crime involving moral turpitude, or (C) offense that could
result in a jail sentence of at least 30 days, (v) a Participant’s engagement in conduct or activities that materially
violate any applicable governmental or quasi-governmental regulation involving securities or otherwise relating to the business
of the Company or any of its Affiliates, (vi) the violation by a Participant of a material written company policy, including
the Company’s substance abuse, sexual harassment or discrimination, or insider trading policy, or (vii) the material
breach by a Participant of any of the provisions of any agreement between a Participant, on the one hand, and the Company or any
of its Affiliates, on the other hand. The determination of the existence of Cause shall be made by the Board in good faith, which
determination shall be conclusive for purposes of this Plan.

 

    	 	 	 

     

    

 

		(g)	“Change of Control” shall have the meaning as set forth in paragraph (i) of
the definition of “Change of Control” in the LLC Agreement, provided the reference therein to “40%” shall
be changed to “50%” and all references to the “Parent” shall be changed to the “Company”. In
addition, a Change of Control shall occur if (and at the time that) Leucadia’s percentage of ownership of the value of the
equity interests of the Company becomes less than 16.67%.

 

		(h)	“Effective Date” shall mean September 1, 2016.

 

		(i)	“Fair Value” shall have the meaning set forth in Section 9 of this Plan.

 

		(j)	“First Priority Bonus Payment” shall have the meaning set forth in Section 7(a)
of this Plan.

 

		(k)	“First Vesting Date” shall have the meaning set forth in Section 6 of this Plan.

 

		(l)	“Independent Accountant” shall have the meaning set forth in Section 9 of this
Plan.

 

		(m)	“Leucadia” shall mean LUK-FX Holdings, LLC and its Affiliates (other than the
Company and its subsidiaries).

 

		(n)	“Participant” shall have the meaning set forth in Section 4 of this Plan.

 

		(o)	“Payment Date” shall have the meaning set forth in Section 7 of this Plan.

 

		(p)	“Qualifying Termination” shall have the meaning set forth in Section 8(b) of
this Plan.

 

		(q)	“Second Priority Bonus Payment” shall have the meaning set forth in Section
7(b) of this Plan.

 

		(r)	“Section 409A” shall have the meaning set forth in Section 12 of this Plan.

 

		(s)	“Section 7 Percentage” shall have the meaning set forth in Section 7 of this
Plan.

 

		(t)	“Termination Payment” shall have the meaning set forth in Section 8(b) of this
Plan.

 

		(u)	“Third Priority Bonus Payment” shall have the meaning set forth in Section 7(c)
of this Plan.

 

		(v)	“Vested Percentage” shall have the meaning set forth in Section 6 of this Plan.

 

    	 	2	 

     

    

 

		3.	Administration. The Plan shall be administered by the Board or such committee of the Board
as the Board designates or such executive officer of the Company that the Board authorizes (the “Administrator”).
Subject to the express provisions of this Plan, the Administrator shall have full authority, in its sole discretion, to (a) interpret
and make changes to this Plan and (b) make all other determinations deemed necessary or advisable for the administration of this
Plan. Decisions of the Administrator shall be final and binding on all persons, and shall be afforded the maximum deference permitted
by law.

 

		4.	Eligibility. The individuals whose names are set forth on Schedule A hereto (each
a “Participant”, and, collectively, the “Participants”) shall be eligible to receive a Bonus
under this Plan. Schedule A shall set forth the percentage of payments that is allocated to each Participant (the “Bonus
Pool Percentage”). The Bonus Pool Percentages and the identity of Participants cannot be changed without the consent
of Leucadia, which shall not be unreasonably withheld, delayed or conditioned.

 

		5.	Bonus Opportunity. Subject to Section 8 of this Plan, each Participant shall be eligible
to receive a cash payment (“Bonus”) in the amount(s) and at the times set forth in Section 7 of this Plan, if
the Participant remains in the continuous employment of the Company or an Affiliate thereof on an applicable Payment Date.

 

		6.	Vesting. Each Participant’s interest for purposes of Section 8 of this Plan shall
vest 25% on the second anniversary of the Effective Date (the “First Vesting Date”) and an additional 25% shall
vest on each of the next three anniversaries of the First Vesting Date (such vested portion on any date being referred to as a
Participant’s “Vested Percentage”).

 

		7.	Payment of Bonus. At the same time as any funds are distributed under Section 6.4(a), (b)
or (c) of the LLC Agreement, each Participant will be entitled to receive a Bonus in the amount of:

 

		(a)	Until the aggregate amount of Bonuses and all Distributions equal the First Maximum Payment Amount
(as defined in the LLC Agreement), an amount equal to the product of (i) 10% of the total amount distributable pursuant to Sections
6.4(a)(i), 6.4(b)(i) and 6.4(c)(i) of the LLC Agreement (which total amount shall be determined assuming no Bonuses are payable),
multiplied by (ii) the Participant’s Bonus Pool Percentage (the “First Priority Bonus Payment”).

 

		(b)	After the First Maximum Payment Amount has been paid to the Participants and until the aggregate
amount of Bonuses and all Distributions equal the Second Maximum Payment Amount (as defined in the LLC Agreement), an amount
equal to the product of (i) 12% of the total amount distributable pursuant to Sections 6.4(a)(ii), 6.4(b)(ii) and 6.4(c)(ii) of
the LLC Agreement (which total amount shall be determined assuming no Bonuses are payable), multiplied by (ii) the Participant’s
Bonus Pool Percentage (the “Second Priority Bonus Payment”).

 

		(c)	After the First Maximum Payment Amount and Second Maximum Payment Amount have been paid to the
Participants, an amount equal to the product of (i) 14% of the total amount distributable pursuant to Sections 6.4(a)(iii), 6.4(b)(iii)
and 6.4(c)(iii) of the LLC Agreement (which total amount shall be determined assuming no Bonuses are payable), multiplied by (ii)
the Participant’s Bonus Pool Percentage (each, a “Third Priority Bonus Payment”).

 

    	 	3	 

     

    

 

		(d)	It is understood that the terms of Sections 7(a), 7(b) and 7(c) of this Plan and the terms of Sections
6.4(a), (b) and (c) of the LLC Agreement shall be applied in an iterative manner.

 

The First Priority Bonus Payments,
the Second Priority Bonus Payments and the Third Priority Bonus Payments, if earned, shall be separately paid in a lump sum to
each Participant as soon as administratively practicable after all conditions for entitlement to such Bonus are determined to have
been satisfied by the Administrator, but in all cases no later than 30 days following the payment of any related Distribution to
a Member of the Company pursuant to the LLC Agreement (each, a “Payment Date”).

 

At any time, the percentage (i.e.,
10%, 12% or 14%) that would apply to the first dollar paid under this Section 7 in respect of the next Distribution is referred
to as the “Section 7 Percentage.”

 

Schedule B hereto provides
an example that illustrates the operation of the preceding provisions of this Section 7.

 

		8.	Termination of Employment.

 

		(a)	In the event that a Participant’s employment with the Company or an Affiliate thereof is
terminated for any reason, the Participant shall forfeit any right to any Bonus that is paid on a date after the date on which
the Participant’s employment is terminated.

 

		(b)	In the event that a Participant’s employment with the Company or an Affiliate thereof is
terminated other than as a result of a termination of employment by the Company or an Affiliate thereof for Cause or due to a material
breach of any restrictive covenants by the Participant (a “Qualifying Termination”), the Participant shall receive
a Class B Unit or a lump-sum cash amount, as determined by the Administrator, in its sole discretion (the “Termination
Payment”). The value of the Termination Payment shall be equal to the product of (i) such Participant’s Bonus
Pool Percentage, multiplied by (ii) the Section 7 Percentage at the time of such Qualifying Termination, multiplied by (iii) the
positive difference, if any, between (I) the Fair Value of all assets of the Company excluding the value of any cash on the balance
sheet and increased by $100,000,000, less any reductions, if any, in the Company’s regulatory capital requirements since
the Effective Date, and (II) the Fair Value of all liabilities of the Company, and multiplied by (iv) the Participant’s Vested
Percentage at the time of his or her Qualifying Termination. If the Administrator has elected to pay the Termination Payment in
the form of a Class B Unit, the Participant shall receive a Class B Unit entitling the Participant to participate in Distributions
giving effect to such Participant’s Section 7 Percentage and Vested Percentage as of such date, multiplied by the Participant’s
Bonus Pool Percentage (the “Bonus Unit”).

 

    	 	4	 

     

    

 

		(c)	Subject to Section 9 of this Plan, any Termination Payment that is payable to the Participant pursuant
to Section 8(b) of this Plan shall be issued in the name of (in the case of the Bonus Unit), or paid to (in the case of cash),
the Participant within 90 days following the date of the Qualifying Termination, provided that, in the case of the Bonus Unit,
it shall be a condition to the issuance of the Bonus Unit to a Participant that the Participant signs a joinder to the LLC Agreement
and any other documentation required by the Company no later than 90 days following the date of the Qualifying Termination. If
the 90-day period following the Qualifying Termination straddles two calendar years, the Termination Payment shall be issued in
the calendar year following the calendar year in which the Qualifying Termination occurs. The Bonus Unit, once issued, shall be
subject to the terms and conditions set forth in the LLC Agreement, including any restrictions on transfer therein.

 

		(d)	In the event of a Change of Control, all Participants at the time of the Change of Control shall
receive a Termination Payment immediately prior to such Change of Control (contingent on the completion of such Change of Control)
as if all of such Participants had experienced a Qualifying Termination immediately prior to such Change of Control and had a Vested
Percentage of 100%. Notwithstanding the foregoing, a Change of Control shall not occur for purposes of this Plan unless such Change
of Control constitutes a “change in control event” under Section 409A of the Internal Revenue Code of 1986, as amended,
and the Treasury Regulations thereunder.

 

		9.	Valuation. For purposes of this Plan, “Fair Value” will be agreed upon
between the Participant and the Company, based on the Fair Value amount proposed by the Board. Failing such agreement within ten
(10) business days after the date of the Board’s proposed Fair Value amount, Fair Value will be determined within a reasonable
period of time by an independent firm of certified public accountants to be designated by the Board (“Independent Accountant”).
Once the Fair Value has been agreed upon or determined in accordance with this Section 9 it is final and binding on the Participant
and the Company. The costs of obtaining such Independent Accountant’s determination shall be borne by the Company except
in those cases where the Participant has disputed the Fair Value proposed by the Board and such Independent Accountant’s
determination of Fair Value are no higher than 110% of the Fair Value proposed by the Board, in which case the Participant shall
bear the costs of obtaining such Independent Accountant’s determination.

 

		10.	No Right to Continued Employment/No Rights as a Member. This Plan shall not confer upon
any Participant any right to, or guaranty of, continued employment or any other association with the Company or its Affiliates.

 

		11.	Termination. The Company may terminate or amend the Plan at any time, provided that it may
not alter the fundamental economic arrangement with respect to any Participant without the Participant’s written consent.

 

    	 	5	 

     

    

 

		12.	Section 409A of the Code. It is the Company’s intent that payments and benefits under
this Plan comply with Section 409A of the Internal Revenue Code of 1986, as amended (“Section 409A”), to the
extent subject thereto, and accordingly, to the maximum extent permitted, this Plan shall be interpreted and administered to be
in compliance therewith. Notwithstanding anything contained herein to the contrary, to the extent required in order to avoid accelerated
taxation and/or tax penalties under Section 409A, a Participant shall not be considered to have terminated employment with the
Company or an Affiliate thereof for purposes of this Plan unless the Participant would be considered to have incurred a “separation
from service” (as defined under Section 409A) from the Company. Each amount to be paid or benefit to be provided under this
Plan shall be construed as a separate identified payment for purposes of Section 409A, and any payments described in this Plan
that are due within the “short-term deferral period” as defined in Section 409A shall not be treated as deferred compensation
unless applicable law requires otherwise. Without limiting the foregoing and notwithstanding anything contained herein to the contrary,
to the extent required in order to avoid accelerated taxation and/or tax penalties under Section 409A, amounts that would otherwise
be payable and benefits that would otherwise be provided pursuant to this Plan during the six-month period immediately following
a Participant’s separation from service shall instead be paid on the first business day after the date that is six months
following the Participant’s separation from service (or death, if earlier). This Plan may be amended in any respect deemed
by the Company to be necessary in order to preserve compliance with Section 409A. Notwithstanding the foregoing, the Company makes
no representations that the payments and benefits provided under this Plan comply with Section 409A, and in no event shall the
Company be liable for all or any portion of any taxes, penalties, interest, or other expenses that may be incurred by any Participant
on account of non-compliance with Section 409A.

 

		13.	Top Hat Plan. This Plan is intended to be exempt from the Employee Retirement Income Security
Act of 1974, as amended, as a “top hat” plan for a select group of the Company’s management and/or highly compensated
employees.

 

		14.	Limitations. This Plan represents only an unfunded, unsecured promise to pay by the Company,
and each of the Participants is an unsecured creditor of the Company. No property of the Company is or will be, by reason of this
Plan, held in trust for any employee or former employee, nor will any person or entity have any interest in, or any lien or prior
claim upon, any property of the Company or any Affiliate thereof by reason of the Plan or the Company’s obligations to make
payments hereunder.

 

		15.	Relation to Other Payments or Benefits. Any amounts payable pursuant to this Plan will not
be considered compensation for purposes of any other compensation or benefit plan, program or arrangement maintained by the Company
or any Affiliate thereof and will not be taken into account for purposes of determining any severance pay, termination pay, bonuses
or any other form of compensation or benefit.

 

		16.	Restrictions on Transfer and Assignment. A Participant’s rights and interests under
this Plan may not be assigned or transferred in whole or in part either directly or through the operation of law or otherwise,
including, but not limited to, execution, levy, garnishment, attachment, pledge, bankruptcy or in any other manner (other than
by will or the laws of descent or distribution), and no such rights or interests of any Participant in this Plan will be subject
to any obligation or liability of such Participant.

 

    	 	6	 

     

    

 

		17.	Adjustment. The Board shall make adjustments to the Plan in the event of, or in anticipation
of any unusual or extraordinary corporate item, transaction or event or development affecting the Company or any Affiliate thereof,
provided that (i) adjustments under this Section 17 shall be intended to be those that the Board may determine are equitably
required to prevent dilution or enlargement of a Participant’s rights that would otherwise result from any of the events
or circumstances described in this Section 17, and (ii) no such adjustment that results in a material adverse effect on the
fundamental economic arrangement in respect of a Participant hereunder that is not proportional to the related corresponding fundamental
economic arrangement in respect of other stakeholders of the Company and its Affiliates may be made without the consent of the
majority of the Participant then participating in the Plan, not to be unreasonably withheld.

 

		18.	Governing Law. This Plan shall be governed by and construed in accordance with the laws
of the State of Delaware without regard to the principles of conflicts of laws thereof.

 

		19.	Withholding. The Company shall be entitled to withhold from any payments made under this
Plan, and in respect of any issuance of a Class B Unit to a Participant under Section 8 of this Plan, any amount of withholding
it determines is appropriate or necessary pursuant to applicable law and the Company’s payroll practices, and may condition
any such payment or issuance on the Participant’s making arrangements satisfactory to the Company in order for the Company
to so withhold, which arrangement may include the Participant directing the Company to withhold a portion of a Class B Unit equal
to the amount necessary to satisfy any such withholding requirement. Notwithstanding any other provision of this Plan, neither
the Company nor an Affiliate thereof will be obligated to guarantee any particular tax result for any Participant with respect
to any payment or issuance of Class B Units provided to such Participant hereunder, and such Participant will be responsible for
any taxes imposed on such Participant with respect to any such payment.

 

		20.	Headings. The headings in this Plan have been inserted for convenience of reference only
and in the event of any conflict, the text of this Plan, rather than such headings, shall control.

    	 	7	 

     

    

 

Schedule
A

 

	Name	Bonus Pool Percentage
	Dror Niv	33%
	Eduard Yusupov	25%
	David Sakhai	22%
	William Ahdout	17%
	Ken Grossman	3%

 

    	 	8	 

     

    

 

Schedule
B

 

Example of Operation of Section 7

 

Initial Assumptions: There are 5
Participants in the Plan. Participant A’s Bonus Pool Percentage is 20% and the other 4 Participants’ Bonus Pool Percentages
equal 80% in the aggregate. An initial Disposition occurs in 2019 and a second Disposition occurs in 2020.

 

2019 Disposition.  In 2019, after
all amounts due under the Credit Agreement have been repaid, a Disposition occurs that generates $300 million of proceeds that
would be distributable to members under Section 6.4(a)(i) of the LLC Agreement, without regard to amounts due under the Plan. Ten
percent of this $300 million (i.e., $30 million) would be paid to Participants as follows: 20% of the $30 million (i.e., $6 million)
would be paid to Participant A and the remaining 80% (i.e., $24 million) would be paid to the other Participants in accordance
with their individual Bonus Pool Percentages. The remaining $270 million would be distributed to members under the LLC Agreement.

 

2020 Disposition. In 2020, another
Disposition occurs that generates $600 million in proceeds that would be distributable to members under Sections 6.4(a)(i) and
(ii) of the LLC Agreement, without regard to amounts due under the Plan. Distributions under the Plan in respect of this $600 million
amount would be calculated in three stages as follows:

 

		·	Ten percent of the first $50 million (i.e., $5 million) would be paid to Participants as follows:
20% of the $5 million (i.e., $1 million) would be paid to Participant A, and the remaining 80% (i.e., $4 million) would be paid
to the other Participants in accordance with their individual Bonus Pool Percentages. The remaining $45 million would be available
for distribution to members under the LLC Agreement. At this point, an aggregate amount of $35 million would have been distributed
under the Plan and $315 million would have been distributed under the LLC Agreement, filling up the $350 million tranche described
in Section 7(a) of the Plan.

		·	$550 million would remain from the proceeds of the 2020 Disposition.

		·	Twelve percent of the next $500 million of the proceeds of the 2020 Disposition (i.e., $60 million)
would be paid to Participants as follows: 20% of the $60 million ($12 million) would be paid to Participant A, and the remaining
80% (i.e., $48 million) would be paid to the other Participants in accordance with their individual Bonus Pool Percentages. The
remaining $440 million would be available for distribution to members under the LLC Agreement. At this point, an aggregate amount
of $95 million would have been distributed under the Plan and $755 million would have been distributed under the LLC Agreement,
filling up both the $350 million tranche described in Section 7(a) of the Plan and the $500 million tranche described in Section
7(b) of the Plan.

		·	$50 million would remain from the proceeds of the 2020 Disposition.

		·	Fourteen percent of the remaining $50 million of the proceeds of the 2020 Disposition (i.e., $7
million) would be paid to Participants as follows: 20% of the $7 million ($1.4 million) would be paid to Participant A, and the
remaining 80% (i.e., $5.6 million) would be paid to the other Participants in accordance with their individual Bonus Pool Percentages.
The remaining $43 million would be available for distribution to members under the LLC Agreement.

 

    	 	9Exhibit 10.3

 

EXECUTION VERSION

 

FXCM GROUP LLC

MANAGEMENT AGREEMENT

 

This MANAGEMENT AGREEMENT
(the “Agreement”) is entered into as of September 1, 2016, by and between FXCM Group, LLC, a Delaware Limited
Liability Company (hereinafter called the “Company”), and FXCM Holdings, LLC, a Delaware Limited Liability
Company (hereinafter called the “Manager”). Capitalized terms used and not otherwise defined herein will have
the meanings set forth in the LLC Agreement (as defined below).

 

WITNESSETH:

 

WHEREAS, FXCM Holdings,
LLC, LUK-FX Holdings, LLC, FXCM, Inc., and FXCM Group LLC are simultaneously herewith entering into the Company’s Amended
and Restated Limited Liability Company Agreement, a copy of which is attached hereto as Exhibit A (the “LLC Agreement”);

 

WHEREAS, the Company
desires to retain the Manager to act, perform or assume certain management rights pertaining to the Company, and the Manager is
willing to accept such retention on the terms set forth in this Agreement; and

 

WHEREAS, pursuant
to the terms of this Agreement, the Manager shall have authority to manage the day-to-day operations of the Company.

 

NOW, THEREFORE,
for and in consideration of the premises and the mutual promises and covenants herein contained and other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the Company and the Manager agree as follows: 

 

SECTION 1

DUTIES AND RIGHTS OF MANAGER

 

		1.	Management Rights.

 

		1.1	Appointment of Manager.
                                         The Company hereby appoints and retains, subject to the further terms and conditions
                                         set forth in this Agreement, the Manager to manage the assets and day-to-day operations
                                         of the Company and its Subsidiaries, including the Rights (defined below). The Manager
                                         hereby accepts the appointment provided for in the preceding sentence and agrees to act
                                         in such capacity and to provide or arrange for the provision of the Rights upon the terms
                                         set forth in this Agreement. The Manager will be considered an agent of the Company as
                                         a result of this Agreement, and will have the right and authority under this Agreement
                                         to contract in the name of and to bind the Company to the extent consistent with the
                                         delegation of authority to the Manager pursuant to this Agreement. The Manager shall
                                         refrain from any action that, in its sole judgment made in good faith, would violate
                                         any law, rule or regulation of any governmental body or agency having jurisdiction over
                                         the Company or any Subsidiary or that would otherwise not be permitted by such entity’s
                                         governing instruments.

 

    	 	 	 

     

    

 

		1.2	The Rights. Subject
                                         to the approval rights of the Company’s Board or Members expressly set forth in
                                         Section 1.3 below and in the LLC Agreement, the Manager will be responsible for the assets
                                         and day-to-day operations of the Company and its Subsidiaries and will perform (or cause
                                         to be performed) such services and activities relating to the assets and operations of
                                         the Company as may be appropriate, including, each of the rights set forth below (all
                                         rights and authority granted to Manager pursuant to this Section 1.2, the “Rights”):

 

		1.2.1	create and implement the
                                         Company’s annual detailed budget and recommend the annual summary budget (and any
                                         material changes to any such annual budget) for approval by the Board of Directors;

 

		1.2.2	appoint (or terminate)
                                         the executive officers of the Company and its Subsidiaries;

 

		1.2.3	make day-to-day decisions
                                         on behalf of the Company, including making operating and capital decisions in the ordinary
                                         course of business;

 

		1.2.4	cause the Company or its
                                         Subsidiaries to, in one transaction or a series of related transactions, acquire any
                                         assets or make any investment in an amount not to exceed $5,000,000;

 

		1.2.5	determine and authorize
                                         any expenditures for the Company in the ordinary course of its business, including making
                                         and overseeing any ordinary course purchase, sale or lease of assets;

 

		1.2.6	engage and supervise,
                                         on behalf of the Company and at the Company’s expense, independent contractors
                                         that provide services relating to the Company’s and its Subsidiaries’ business
                                         and operations, including, but not limited to, investment banking, legal advisory, tax
                                         advisory, accounting advisory, and other financial and consulting services as the Manager
                                         determines from time to time is advisable;

 

		1.2.7	assist the Company and
                                         its Subsidiaries in complying with all regulatory requirements applicable thereto in
                                         respect of its business activities;

 

		1.2.8	cause the Company to retain
                                         qualified accountants and legal counsel, as applicable, to assist in developing appropriate
                                         accounting procedures, compliance procedures and testing systems with respect to financial
                                         reporting obligations and to conduct quarterly compliance reviews with respect thereto;

 

		1.2.9	cause the Company and
                                         its Subsidiaries to qualify to do business in all applicable jurisdictions and to obtain
                                         and maintain all appropriate licenses;

 

		1.2.10	take all necessary actions
                                         to enable the Company and its Subsidiaries to make required tax filings and reports,
                                         including soliciting members for information to the extent such information is reasonably
                                         necessary to comply with the provisions of the Internal Revenue Code of 1986, as amended;

 

		1.2.11	handle and resolve claims,
                                         disputes or controversies (including all litigation, arbitration, settlement or other
                                         proceedings or negotiations) in which the Company or any of its Subsidiaries may be involved
                                         or to which the Company or any of its Subsidiaries may be subject arising out of the
                                         Company’s or any of its Subsidiaries’ day-to-day operations; and

 

		1.2.12	use reasonable best efforts
                                         to cause the Company and its Subsidiaries to comply with all applicable laws.

 

    	 	 	 

     

    

 

		1.3	Restricted Actions.
                                         Notwithstanding anything contained herein to the contrary, the Manager shall have no
                                         authority to take any of the following actions, and the Manager shall not cause or permit
                                         any of the Company, its Subsidiaries or any entity controlled directly or indirectly
                                         by the Company or any of its Subsidiaries (or any of the foregoing entities’ respective
                                         authorized persons on behalf of such foregoing entities) to take any of the following
                                         actions, without the prior written consent of the Board or the applicable Members on
                                         any matter requiring consent of the Board or Members under the LLC Agreement:

 

		1.3.1	issue any additional Units
                                         or any additional ownership interests in the Company’s Subsidiaries;

 

		1.3.2	permit the Company or
                                         any other shareholder, general partner, managing member or similar controlling party
                                         to transfer any right, title or interest in or to any or all of its ownership interests
                                         in any Subsidiary (other than to its Affiliates);

 

		1.3.3	waive any negative covenants
                                         included in Article 12 of the LLC Agreement;

 

		1.3.4	consent to any disclosure
                                         by a Member pursuant to Section 14.5 of the LLC Agreement;

 

		1.3.5	cause the Company or its
                                         Subsidiaries to, in one transaction or a series of related transactions, borrow money
                                         or make contracts of guaranty and suretyship, or otherwise cause the Company or its Subsidiaries
                                         to become liable for or in respect of obligations of any one or more other Persons in
                                         an amount exceeding $5,000,000;

 

		1.3.6	lease, sell, refinance,
                                         securitize, pledge, grant a security interest in, encumber or otherwise dispose of in
                                         one transaction or a series of related transactions all or any portion of the Company’s
                                         or its Subsidiaries’ assets, and the Company’s direct and indirect ownership
                                         interests in any one or more of its investments in each case with a value exceeding $5,000,000;

 

		1.3.7	select a different name
                                         for the Company, or making any change to the principal nature of the business of the
                                         Company;

 

		1.3.8	institute, settle or compromise
                                         any suit, action or proceeding or arbitration or confess a judgment against the Company
                                         or its Subsidiaries if the amount involved exceeds $5,000,000 or imposes any obligation
                                         or restriction on the Company or any Member other than the payment of money;

 

		1.3.9	cause or permit the Company
                                         or any of its Subsidiaries to merge, consolidate or convert with or into any other entity;

 

		1.3.10	enter into a new material
                                         line of business of the Company or any Subsidiary, (B) exit from, or materially decrease
                                         the business relating to, any material line of the business of the Company or any Subsidiary,
                                         or (C) engage in acts materially restricting or making it impossible to carry on the
                                         business of the Company or any Subsidiary;

 

		1.3.11	declare a Bankruptcy
                                         (or acquiescence with respect thereto), dissolution (to the fullest extent permitted
                                         by Law), liquidation, recapitalization or reorganization in any form of transaction,
                                         in each case of the Company or any of its Subsidiaries;

 

    	 	 	 

     

    

 

		1.3.12	create any joint venture,
                                         partnership or other legal entity of which the Company and/or any Subsidiary will be
                                         a partner, stockholder, member or similar participant;

 

		1.3.13	use the name “Leucadia”
                                         or any logo, trademark, trade name or other registered or unregistered intellectual property
                                         of Leucadia or its Affiliates;

 

		1.3.14	engage any firm of independent
                                         public accountants to be the accountants of the Company and its Subsidiaries, other than
                                         Ernst & Young LLP; and

 

		1.3.15	except as otherwise provided
                                         herein, enter into any contract, agreement or understanding (whether written or oral)
                                         with any Person having the effect of establishing rights under, or altering or supplementing
                                         the terms of, this Agreement or the LLC Agreement or affecting the Members’ indirect
                                         interest in the Company’s and its Subsidiaries’ business and operations or
                                         offer any such Person investment terms that differ from the terms applicable to Leucadia
                                         herein or in the LLC Agreement.

 

		1.4	The Manager shall prepare
                                         quarterly reports for the Board of Directors to enable the Board of Directors to review
                                         the Company’s business and affairs.

 

		1.5	The Manager is exclusively
                                         authorized and empowered to perform the Rights. The Board of Directors (or Officers of
                                         the Company) will not undertake or perform, or cause another Person to undertake or perform,
                                         the Rights, or hire any other manager to undertake or perform the Rights, for the duration
                                         of the Agreement.

 

		1.6	The Manager shall owe
                                         to the Company and its Members fiduciary duties in the same manner and to the extent
                                         that a director or executive officer of a corporation incorporated under the Delaware
                                         General Corporation Law owes fiduciary duties to such corporation and the shareholders
                                         of such corporation.

 

		1.7	The Manager and its Affiliates
                                         (other than the Company, its Subsidiaries and the independent members of the board of
                                         directors of Parent) shall not engage in any other businesses or render services of any
                                         kind to any other Person other than business or services if the Company gives its written
                                         consent, not to be unreasonably withheld, conditioned or delayed; provided, however,
                                         that the Manager and its Affiliates (other than the independent members of the board
                                         of directors of Parent) shall devote substantially all of their working time and attention,
                                         knowledge, experience, energy and skill to the business of the Company and its Subsidiaries;
                                         provided, further, however, that Ken Grossman will only be obliged to devote substantially
                                         the same amount of working time and attention, knowledge, experience, energy and skill
                                         to the business of the Company and its Subsidiaries as he provides as of the date of
                                         this Agreement and will be permitted to engage in other businesses or services in the
                                         remainder of his time provided that he does not compete with the business of the Company
                                         or its Subsidiaries.

 

		1.8	During the term of this
                                         Agreement, the Manager shall maintain a directors and officers insurance policy covering
                                         directors and officers of the Manager that is consistent with the current directors and
                                         officers insurance policy covering directors and officers of Parent.

 

		1.9	The
                                         Manager is entering into this Agreement in its capacity as person who is not a partner
                                         within the meaning of Section 707(a)(1) of
                                         the Internal Revenue Code
                                         of 1986, as amended (the
                                         “Code”). Any payments made to the Manager by the Company, or made
                                         to the Company by the Manager, under this Agreement shall be treated as made to or by
                                         a person who is not a partner within the meaning of Section 707(a)(1) of the Code.

 

    	 	 	 

     

    

 

SECTION 2

Confidentiality

 

		2.1	Confidentiality.
                                         The Manager agrees that it will keep confidential and not disclose any confidential,
                                         proprietary or secret information which the Manager may obtain in performing its services
                                         hereunder or otherwise relating to the Company or its business and assets, unless such
                                         information is or becomes publicly known (other than as a result of disclosure by the
                                         Manager), is required to be disclosed by applicable law, or unless the Company gives
                                         its written consent to the Manager’s release of such information, except that no
                                         such written consent shall be required (and Manager shall be free to release such information
                                         to such recipient) if such information is to be provided to the Manager’s counsel
                                         or accountants, or to an officer, director or partner of the Manager who have a need
                                         to know such information in order to carry out their duties to the Company and who have
                                         a duty to the Manager or to the Company to keep such information confidential.

 

SECTION 3

Warranties and Exclusions

 

		3.1	Warranties of the Manager. The Manager hereby
                                         represents and warrants to the Company that:

 

		3.1.1	it has the power, capacity
                                         and authority to enter into this Agreement and perform its duties and obligations hereunder;

 

		3.1.2	it is validly organized
                                         and existing under the relevant laws governing its formation and existence;

 

		3.1.3	it has taken all necessary
                                         action to authorize the execution, delivery and performance of this Agreement;

 

		3.1.4	the execution and delivery
                                         of this Agreement by it and the performance by it of its obligations hereunder do not
                                         and will not contravene, breach or result in any default under its constituent documents
                                         or other organizational documents;

 

		3.1.5	no authorization, consent
                                         or approval, or filing with or notice to any Person is required in connection with the
                                         execution, delivery or nonperformance by it of this Agreement; and

 

		3.1.6	this Agreement constitutes
                                         a valid and legally binding obligation of it enforceable against it in accordance with
                                         its terms, subject to (a) applicable bankruptcy, insolvency, moratorium, fraudulent conveyance,
                                         reorganization and other laws of general application limiting the enforcement of creditors’
                                         rights and remedies generally and (b) general principles of equity, including standards
                                         of materiality, good faith, fair dealing and reasonableness, equitable defenses and limits
                                         as to the availability of equitable remedies, whether such principles are considered
                                         in a proceeding at law or in equity.

 

3.2      Exclusion
of Warranties. EXCEPT AS SET FORTH IN SECTION 3.1, NEITHER PARTY MAKES ANY REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED,
AT LAW OR IN EQUITY, OF ANY KIND, AND ANY SUCH OTHER REPRESENTATIONS AND WARRANTIES ARE HEREBY EXPRESSLY DISCLAIMED.

 

    	 	 	 

     

    

 

3.3     Acknowledgment.
The Company acknowledges that neither the Manager, nor any Person acting on its behalf, (a) guarantees the performance or
financial results of the Company, and (b) makes any representation, covenant or assurance regarding the performance or financial
results of the Company.

 

3.4     Limitation
of Liability. 

 

		3.4.1	The Manager assumes no
                                         responsibility under this Agreement other than to perform and undertake the services
                                         set forth in Section 1.2 in good faith, in a manner consistent with its fiduciary duties
                                         as set forth in Section 1.6 of this Agreement and in compliance with applicable law.

 

		3.4.2	The Company hereby agrees
                                         that no member of the Manager Group shall be liable for monetary damages to the Company
                                         or its Subsidiaries (or any directors, officers, agents, members, partners, shareholders,
                                         officers, employees or other representatives of each of the foregoing) for any claims,
                                         liabilities, losses, damages, costs or expenses (including legal fees) (“Liabilities”)
                                         that may occur as a result of any acts or omissions by the Manager Group pursuant to
                                         or in accordance with this Agreement, except to the extent that such Liabilities are
                                         determined by a final and non-appealable judgment entered by a court of competent jurisdiction
                                         to have resulted from the bad faith, gross negligence, fraud, willful misconduct or breach
                                         of its fiduciary duties to the Company and its Members by the Manager Group. “Manager
                                         Group” means the Manager and each of its Affiliates (other than the Company
                                         and its Subsidiaries), and any directors, officers, agents, subcontractors, delegatees,
                                         members, partners, shareholders, managers, employees or other representatives of each
                                         of the foregoing. For the avoidance of doubt, the provisions of this Section 3.4 will
                                         survive the termination of this Agreement.

 

		3.4.3	Notwithstanding anything
                                         in this Agreement to the contrary, the maximum amount of the aggregate liability of the
                                         Manager Group or its Affiliates pursuant to this Agreement will be equal to 25% of the
                                         Management Fee actually paid to the Manager during the then-current Initial Term or Renewal
                                         Term, as applicable.

 

SECTION 4

Management Fees

 

		4.1	Management Fee. 
                                         The Company shall pay to the Manager, as compensation for its services, the Management
                                         Fee. The “Management Fee” is defined as the sum of all reasonable
                                         out-of-pocket costs and expenses incurred by the Manager related to the performance and
                                         assumption of the Rights set forth herein, including but not limited to salaries and/or
                                         other payments made to personnel who perform the services. The Management Fee shall be
                                         payable quarterly by a mutually agreed upon payment method. The portion of the Management
                                         Fee attributable to salaries and/or other payments made to personnel (excluding reasonable
                                         out-of-pocket expenses incurred solely in the course of providing services pursuant to
                                         this Agreement) who perform the services will not exceed $11,152,943 for a calendar year
                                         without the prior written approval of the Company.

  

    	 	 	 

     

    

 

SECTION 5

Term and Termination

 

		5.1	Term. This Agreement
                                         shall commence on the date set forth above and continue through January 15, 2018 (the
                                         “Initial Term”). Thereafter, the term of this Agreement will automatically
                                         be extended for successive one-year periods (each, a “Renewal Term”)
                                         unless either the Manager or the Company shall have notified the other party in writing
                                         of its desire not to extend the term hereof at least ninety (90) days prior to the end
                                         of the Initial Term or any Renewal Term.

 

		5.2	Termination. This
                                         Agreement may be terminated:

 

		5.2.1	by the Company immediately
                                         (or after any cure period set forth below), upon written notice to the Manager, after
                                         the occurrence of an event constituting Cause (defined below) or a Change of Control;
                                         or

 

		5.2.2	by the Manager effective
                                         upon ninety (90) days’ prior written notice of termination to the Company
                                         in the event of a breach by the Company of Section 4.1, and such default shall continue
                                         for a period of thirty (30) days after written notice thereof from the Manager.

 

		5.2.3	“Cause”
                                         shall mean: (a) the Manager’s engagement in misconduct which is materially injurious
                                         to the Company or any of its Subsidiaries; or (b) if the Manager materially breaches
                                         this Agreement and/or its representations and warranties contained herein, and fails
                                         to remedy such breach within five (5) business days of receiving written notice from
                                         the Company requiring it to do so; or (c) if the Manager materially breaches this Agreement
                                         and is attributable to the Manager’s bad faith, gross negligence, fraud or willful
                                         misconduct or a breach of its fiduciary duties to the Company and its Members; or (d)
                                         Manager’s failure on more than one occasion, after receiving due notice of such
                                         failure, to substantially perform the Rights set forth herein to the Company or its Subsidiaries;
                                         or (e) the Manager’s commission of an act or acts constituting any (A) fraud against,
                                         or misappropriation or embezzlement from the Company or any of its Subsidiaries, (B) crime
                                         involving moral turpitude, or (C) offense that could result in a jail sentence of
                                         at least 30 days; or (f) Manager’s engagement in any competitive activity which
                                         would constitute a material breach of Manager’s obligations to the Company under
                                         this Agreement; or (g) the Manager’s engagement in conduct or activities that materially
                                         violate any applicable governmental or quasi-governmental regulation involving securities
                                         or otherwise relating to the business of the Company or its Affiliates; or (h) Manager
                                         voluntarily commences any proceeding or files any relief under Title 11 of the United
                                         States Code or any other U.S. Federal or state bankruptcy or insolvency law; or (i) Manager
                                         fails to contest the filing of any petition described in 5.2.3(h) above; or makes a general
                                         assignment for the benefit of its credits.

 

    	 	 	 

     

    

 

SECTION 6

Indemnification

 

		6.1	Indemnity and Liability.
                                         The Company will indemnify, exonerate and hold each member of the Manager Group (the
                                         “Indemnitees”), each of whom is an intended third-party beneficiary
                                         of this Agreement, free and harmless from and against any and all actions, causes of
                                         action, suits, claims, liabilities, losses, damages and costs and reasonable, documented
                                         out-of-pocket expenses in connection therewith (including, without limitation, reasonable,
                                         documented attorneys’ fees and expenses) incurred by the Indemnitees or any of
                                         them before or after the date of this Agreement (collectively, the “Indemnified
                                         Liabilities”) arising out of any action, cause of action, suit, arbitration,
                                         investigation or claim involving a third party claim against the relevant Indemnitee
                                         (but not to the extent that any action, cause of action, suit, arbitration, investigation
                                         or claim is between the relevant Indemnitee and the Company), related to this Agreement
                                         or operations of, or services or Rights provided by, the Manager Group to, the Company
                                         or any of its Affiliates from time to time pursuant to this Agreement; provided
                                         that the foregoing indemnification rights will not be available to the extent that any
                                         such Indemnified Liabilities arose on account of such Indemnitee’s bad faith, gross
                                         negligence, willful misconduct or breach of its fiduciary duties to the Company and its
                                         Members; and provided, further, that if and to the extent that the foregoing
                                         undertaking may be unavailable or unenforceable for any reason, the Company hereby agrees
                                         to make the maximum contribution to the payment and satisfaction of each of the Indemnified
                                         Liabilities which is permissible under applicable Law. For purposes of this Section 6.1,
                                         none of the circumstances described in the limitations contained in the two provisos
                                         in the immediately preceding sentence will be deemed to apply absent a final non-appealable
                                         judgment of a court of competent jurisdiction to such effect, in which case to the extent
                                         any such limitation is so determined to apply to any Indemnitee as to any previously
                                         advanced indemnity payments made by the Company, then such payments will be promptly
                                         repaid by such Indemnitee to the Company without interest.

 

		6.2	Advancement of Expenses.
                                         Upon request and prior to the final disposition of an Indemnifiable Claim, the Company
                                         shall advance to an Indemnitee the Expenses (as defined below) paid or incurred by such
                                         Indemnitee, or that such Indemnitee determines are reasonably likely to be paid or incurred
                                         by him or her, that are related to, arising out of or resulting from an Indemnifiable
                                         Liability upon receipt of an undertaking by the Indemnitee to repay such amounts if it
                                         is ultimately determined he or she is not entitled to indemnification. Without limiting
                                         the generality or effect of the foregoing, within ten business days after any request
                                         from an Indemnitee, the Company shall, in accordance with such request (but without duplication),
                                         (i) pay such Expenses on behalf of such Indemnitee, (ii) advance to such Indemnitee
                                         funds in an amount sufficient to pay such Expenses or (iii) reimburse such Indemnitee
                                         for such Expenses; provided, that such Indemnitee shall repay, without interest,
                                         any amounts actually advanced to such Indemnitee if it did not meet the standard of indemnification
                                         or that, at the final determination of the Indemnified Liability to which the advance
                                         related, were in excess of amounts paid or payable by such Indemnitee in respect of Expenses
                                         relating to, arising out of or resulting from such Indemnified Liability. “Expenses”
                                         include any reasonable, documented out-of-pocket attorneys’ and experts’
                                         fees and expenses and all other reasonable, documented out-of-pocket costs and expenses
                                         paid or payable in connection with investigating, defending, being a witness in or participating
                                         in (including on appeal), or preparing to investigate, defend, be a witness in or participate
                                         in (including on appeal), any Indemnified Liabilities. 

 

		6.3	Exclusivity. The indemnification
                                         provided by this Section 6 shall be the exclusive recovery to which any Indemnitee may
                                         be entitled.

 

		6.4	Subject to the terms of Section
                                         3.4 (including but not limited to the cap set forth in Section 3.4.3), the Manager
                                         shall, to the full extent lawful, reimburse, indemnify and hold the Company, its shareholders,
                                         directors, officers and employees and each other Person, if any, controlling the Company,
                                         harmless of and from any and all Expenses, losses, damages, liabilities, demands, charges
                                         and claims of any nature whatsoever (including attorneys’ fees) in respect of or
                                         arising from the Manager’s bad faith, willful misconduct, gross negligence or breach
                                         of its fiduciary duties to the Company and its Members. 

  

    	 	 	 

     

    

 

SECTION 7

Miscellaneous

 

		7.1.	This Agreement shall be
                                         governed by and construed in accordance with the laws of the State of Delaware without
                                         regard to the principles of conflicts of laws thereof. Any action or proceeding seeking
                                         to enforce any provision of, or based on any right arising out of, or relating in any
                                         manner to, this Agreement must be brought against any of the parties in the Court of
                                         Chancery of the State of Delaware in and for New Castle County or, if the Court of Chancery
                                         lacks subject matter jurisdiction, in another court of the State of Delaware, County
                                         of New Castle, or in the United States District Court for the District of Delaware, and
                                         each of the parties consent to the jurisdiction of such courts (and of the appropriate
                                         appellate courts) in any such action or proceeding and waives any objection to venue
                                         laid therein. Process in any action or proceeding referred to in the preceding sentence
                                         may be served on any party anywhere in the world. EACH OF THE PARTIES HERETO IRREVOCABLY
                                         WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A
                                         TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR
                                         THE TRANSACTIONS CONTEMPLATED HEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY).

 

		7.2	This Agreement may be executed
                                         in several counterparts with the same effect as if the parties executing the several
                                         counterparts had all executed one counterpart. This Agreement or any counterpart may
                                         be executed via facsimile or other electronic (e.g., PDF) transmission, and any such
                                         executed facsimile or other electronic copy shall be treated as an original.

 

		7.3	This Agreement, together
                                         with the LLC Agreement, constitutes the entire agreement between the parties hereto relating
                                         to the subject matter hereof and supersedes all prior contracts, agreements, discussions
                                         and understandings between them. No course of prior dealings between the parties shall
                                         be relevant to supplement or explain any term used in this Agreement. Acceptance or acquiescence
                                         in a course of performance rendered under this Agreement shall not be relevant to determine
                                         the meaning of this Agreement even though the accepting or the acquiescing party has
                                         knowledge of the nature of the performance and an opportunity for objection. No provisions
                                         of this Agreement may be waived, amended or modified orally, but only by an instrument
                                         in writing executed by a duly authorized officer. No waiver of any terms or conditions
                                         of this Agreement in one instance shall operate as a waiver of any other term or condition
                                         or as a waiver in any other instance.

 

		7.4	In the event of a conflict
                                         between the terms of the LLC Agreement and Section 1.2 of this Agreement, the terms of
                                         Section 1.2 of this Agreement shall prevail and supersede the LLC Agreement. In the event
                                         of any other conflicts between the terms of the LLC Agreement and this Agreement, the
                                         LLC Agreement shall prevail and supersede this Agreement.

 

		7.5	If any provision of this
                                         Agreement is held to be invalid or unenforceable for any reason, such provision shall
                                         be ineffective to the extent of such invalidity or unenforceability; provided, however,
                                         that the remaining provisions will continue in full force without being impaired or invalidated
                                         in any way unless such invalid or unenforceable provision or clause shall be so significant
                                         as to materially affect the expectations of the Company and the Manager regarding this
                                         Agreement. Otherwise, any invalid or unenforceable provision shall be replaced by the
                                         Company and the Manager, as the case may be, with a valid provision which most closely
                                         approximates the intent and economic effect of the invalid or unenforceable provision.

 

		7.6	As used in this Agreement
                                         words in any gender shall be deemed to include all other genders. The singular shall
                                         be deemed to include the plural and vice versa. The captions and Section headings in
                                         this Agreement are inserted for convenience of reference only and are not intended to
                                         have significance for the interpretation of or construction of the provisions of this
                                         Agreement. The word "including" shall be construed as "including without
                                         limitation".

 

    	 	 	 

     

    

 

		7.7	Other than pursuant to Section
                                         6, this Agreement is made solely for the benefit of the parties hereto and no other person
                                         shall have any rights, interest, or claims hereunder or otherwise be entitled to any
                                         benefits under or on account of this Agreement as a third-party beneficiary or otherwise.

 

		7.8	Under no circumstances shall the
                                         Manager be permitted to assign this Agreement or any of its rights or obligations under
                                         this Agreement and any purported assignment by the Manager in violation of this sentence
                                         shall be null and void.

 

[Signature
Page Follows]

 

    	 	 	 

     

    

 

IN WITNESS WHEREOF, this Agreement has been duly executed on
the date first written above.

 

	 	 	 	 	FXCM Group, LLC
	 	 	 	 	 	 
	 	 	 	 	By:	/s/ David S. Sassoon
	 	 	 	 	 	Name: David S. Sassoon
	 	 	 	 	 	Title: General Counsel
	 	 	 	 	 	 
	FXCM Holdings LLC	 	 	 
	 	 	 	 	 	 
	By:	/s/ Dror Niv	 	 	 
	 	Name: 	Dror Niv	 	 	 
	 	Title:	CEO	 	 	 

 

    	 	 	 

     

    

 

Exhibit A

LLC AGREEMENT

 

See attached.

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