Document:

The Aveon Group L.P. Amended and Restated Equity Incentive Plan

  
 Exhibit 10.7

  
  

 
 THE AVEON GROUP L.P.

 AMENDED AND RESTATED EQUITY INCENTIVE PLAN 
 Dated as of September 24, 2010 
  

 
  

  
 THE AVEON GROUP L.P.

 AMENDED AND RESTATED EQUITY INCENTIVE PLAN 
 Section 1. Purpose of the Plan. The Aveon Group L.P. Equity Incentive Plan (the “Plan”) was adopted by The Aveon Group L.P., a Delaware limited partnership
(the “Partnership”) on May 27, 2010, and is designed to promote the long term financial interests and growth of the Partnership, by (i) attracting and retaining employees, consultants and directors of the Partnership,
its Subsidiaries (each as defined below), and, as applicable, the Partnership’s general partner, Aveon Management L.L.C. (the “General Partner”), and (ii) aligning the interests of such individuals with the holders of the
common units representing limited partner interests in the Partnership (“Units”) by providing them with equity-based Awards (as defined below). The Plan was amended and restated on September 24, 2010, with prior approval of the
Board. 
 Section 2. Definitions. The following capitalized terms used in the Plan have the respective meanings set forth
in this Section: 
 “Administrator”: The Board, or a committee or subcommittee thereof to whom authority to
administer the Plan has been delegated pursuant to Section 4 hereof. 
 “Affiliate”: With respect to any
Person, any other Person that directly or indirectly through one or more intermediaries controls, is controlled by or is under common control with the Person in question. As used herein, the term “control” means the possession,
direct or indirect, of the power to direct or cause the direction of the management and policies of a Person, whether through ownership of voting securities, by contract or otherwise. 

“Award”: Individually or collectively, any Option, Unit Appreciation Right, Restricted Unit, Deferred Unit, Performance
Unit or Other Unit-Based Awards based on or relating to the Units issuable under the Plan. 
 “Award
Agreement”: Shall mean any written agreement, contract or other instrument or document evidencing an Award. 

“Beneficial Owner”: A “beneficial owner”, as such term is defined in Rule 13d-3 under the Exchange Act (or any
successor rule thereto). 
 “Board”: The board of directors of the General Partner. 

“Capitalization Transaction”: Any initial public offering of Units or other capitalization event that enables the
Partnership to acquire controlling interests in hedge fund partnerships. 
 “Certificate”: A certificate or
other instrument or method (including book entry) that evidences ownership of Units and Awards granted under the Plan, as determined by the Administrator. 

  
 “Change in
Control”: (i) The occurrence of any Person other than Founding Investors, LLC (“Founding Investors”), TAI Equity Holdings LLC (“TAI”) or HARDT Equity Holdings, LLC (“HARDT”) or any of
their respective Affiliates becoming the general partner of the Partnership or (ii) any Person other than Founding Investors, TAI or HARDT or any of their respective Affiliates obtains control of the General Partner. 

“Code”: The Internal Revenue Code of 1986, as amended, or any successor thereto. 

“Deferred Units”: The right to receive Units at the end of a specified deferral period granted pursuant to
Section 8 of the Plan. 
 “Disability”: The term “Disability” shall have the meaning as provided
under Section 409A(a)(2)(C)(i) of the Code. Notwithstanding the foregoing or any other provision of this Plan, the definition of Disability (or any analogous term) in an Award Agreement shall supersede the foregoing definition; provided,
however, that if no definition of Disability or any analogous term is set forth in such Award Agreement, the foregoing definition shall apply. 
 “Economic Income Target”: is the point at which management fees, incentive income and other revenues due the Partnership (less general partner expense allocation and general and
administrative expenses), excluding, interest, taxes, depreciation (which shall include the expense related to non-controlling interest that arise out of the acquisition of customer-based intangibles), amortization and compensation expense relating
to equity-based compensation, equals fifty-five million dollars in respect of any trailing four-fiscal-quarter period. 

“Effective Date”: The date on which the Unit holders of the Partnership approve the Plan, or such later date as is
designated by the Board and communicated to the Unit holders of the Partnership. 
 “Employment”: The term
“Employment” as used herein shall be deemed to refer to (i) a Participant’s employment if the Participant is an employee of the Partnership, the General Partner or any of their respective Subsidiaries, (ii) a
Participant’s services as a consultant or partner if the Participant is consultant to, or partner of, the Partnership, the General Partner or any of their respective Subsidiaries, and (iii) a Participant’s services as a director, if
the Participant is a member of the Board or is a director of the General Partner. 
 “Exchange Act”: The
Securities Exchange Act of 1934, as amended, or any successor thereto. 
 “Fair Market Value”: The “Fair
Market Value” of a Unit on any given date means (i) the closing sale price per Unit on the New York Stock Exchange on that date (or, if no closing sale price is reported, the last reported sale price), (ii) if the Units

  
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are not listed for trading on the New York Stock Exchange, the closing sale price (or, if no closing sale price is reported, the last reported sale price) as reported on that date on the
principal national securities exchange on which the Units are listed, (iii) if the Units are not so listed on a national securities exchange, the last quoted bid price for the Units on that date in the over-the-counter market as reported by
Pink Sheets LLC or a similar organization, or (iv) if the Units are not so quoted by Pink Sheets LLC or a similar organization or listed on any exchange, the fair market value as determined by the Board by reasonable application of a reasonable
valuation method. 
 “General Partner”: Aveon Management L.L.C., a Delaware limited liability company and the
general partner of the Partnership. 
 “Option”: An option to purchase Units granted pursuant to Section 6
of the Plan. 
 “Option Price”: The purchase price per Unit of an Option, as determined pursuant to
Section 6(a) of the Plan. 
 “Other Unit-Based Awards”: Awards granted pursuant to Section 9 of the
Plan. 
 “Partnership”: The Aveon Group L.P., a Delaware limited partnership. 

“Partnership Agreement”: The limited partnership agreement of the Partnership, as amended from time to time. 

“Participant”: An employee, consultant, director or other service provider of the Partnership, the General Partner or
any of their respective Subsidiaries, including any director of the General Partner, who is selected by the Administrator to participate in the Plan. 
 “Performance Units”: Units that are subject to restrictions based upon the attainment of specified performance objectives granted pursuant to Section 8 of the Plan. 

“Person”: A “person”, as such term is used for purposes of Section 13(d) or 14(d) of the Exchange Act (or
any successor section thereto). 
 “Plan”: The Aveon Group L.P. Equity Incentive Plan. 

“Restricted Units”: Units subject to certain restrictions granted pursuant to Section 8 of the Plan. 

“Subsidiary”: With respect to any Person, as of any date of determination, any other Person as to which such Person owns
or otherwise controls, directly or indirectly, more than 50% of the voting Units or other similar interests or a sole general partner interest or managing member or similar interest of such Person. 

  
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“Units”: The common units representing limited partner interests in the Partnership. 

“Unit Appreciation Right”: A unit appreciation right granted pursuant to Section 7 of the Plan. 

Section 3. Units Subject to the Plan. Subject to Section 10 hereof, the total number of Units that may be issued under the
Plan (the “Total Units”) shall represent 15% of the outstanding Units on the Effective Date; provided that no Awards may be granted under the Plan to the extent that, in the aggregate, the total number of Units that could be
issued pursuant to outstanding Awards would exceed two-thirds of the Total Units until after the date on which the Economic Income Target is met; provided, further, that the number of Total Units shall be adjusted at the time of the
closing of the Capitalization Transaction (and on any related over-allotment option closing date) such that the Total Units represent 15% of the number of outstanding Units on a fully diluted basis, giving effect to (i) Units issued in the
Capitalization Transaction (including any Units issued or issuable pursuant to an underwriter’s over allotment option), (ii) Units issuable upon exchange of partnership units of the Partnership’s direct or indirect subsidiaries and
(iii) Units issued or issuable pursuant to the Plan. The issuance of Units or the payment of cash upon the exercise of an Award or in consideration of the cancellation or termination of an Award shall reduce the total number of Units available
under the Plan, as applicable. Units that are subject to Awards which terminate or lapse without the payment of consideration may be granted again under the Plan. 
 Section 4. Administration. The Plan shall be administered by the Board, which may delegate its duties and powers in whole or in part to any committee or subcommittee thereof (the
“Administrator”). Additionally, the Administrator may delegate the authority to grant Awards under the Plan to any employee or group of employees of the Partnership, the General Partner or any Subsidiary of the Partnership or
General Partner; provided that such delegation and grants are consistent with applicable law and guidelines established by the Board from time to time. In the discretion of the Administrator, Awards may be made under the Plan in assumption
of, or in substitution for, outstanding Awards previously granted by the Partnership, any Affiliate of the Partnership, any Subsidiary of the Partnership, or any entity acquired by the Partnership or with which the Partnership combines. The number
of Units underlying such substitute Awards shall be counted against the aggregate number of Units available for Awards under the Plan. The Administrator is authorized to interpret the Plan, to establish, amend and rescind any rules and regulations
relating to the Plan, and to make any other determinations that it deems necessary or desirable for the administration of the Plan. The Administrator may correct any defect or supply any omission or reconcile any inconsistency in the Plan in the
manner and to the extent the Administrator deems necessary or desirable. Any decision of the Administrator in the interpretation and administration of the Plan, as described herein, shall lie within its sole and absolute discretion and shall be
final, conclusive and binding on all parties concerned (including, 

  
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but not limited to, Participants and their beneficiaries or successors). The Administrator shall have the full power and authority to establish the terms and conditions of any Award consistent
with the provisions of the Plan and to waive any such terms and conditions at any time (including, without limitation, accelerating or waiving any vesting conditions). 
 Section 5. Limitations. If the Economic Income Target has not been achieved by the seventh anniversary of the Effective Date, no further Awards may be granted under the Plan, and Awards theretofore
granted will be automatically forfeited. 
 Section 6. Terms and Conditions of Options. Options granted under the Plan
shall be non-qualified options for federal income tax purposes, and shall be subject to the foregoing and the following terms and conditions and to such other terms and conditions, not inconsistent therewith, as the Administrator shall determine.

 (a) Option Price. The Option Price per Unit shall be determined by the Administrator. 

(b) Exercisability. Options granted under the Plan shall be exercisable at such time and upon such terms and conditions as may be
determined by the Administrator, but in no event shall an Option be exercisable more than ten years after the date it is granted. 
 (c) Exercise of Options. Except as otherwise provided in the Plan or in an Award Agreement, an Option may be exercised for all, or from time to time any part, of the Units for which it is then
exercisable. The purchase price for the Units as to which an Option is exercised shall be paid to the Partnership, and in the manner designated by the Administrator, pursuant to one or more of the following methods: (i) in cash or its
equivalent (e.g., by personal check), (ii) in Units having a Fair Market Value equal to the aggregate Option Price for the Units being purchased and satisfying such other requirements as may be imposed by the Administrator; provided
that such Units have been held by the Participant for no less than six months (or such other period as established from time to time by the Administrator in order to avoid adverse accounting treatment applying generally accepted accounting
principles), (iii) partly in cash and partly in such Units, including through attestation of Units already owned by the Participant in accordance with procedures established for such purpose by the Administrator, or (iv) if there is a
public market for the Units at such time, through the delivery of irrevocable instructions to a broker to sell Units obtained upon the exercise of the Option and to deliver promptly to the Partnership an amount out of the proceeds of such sale equal
to the aggregate Option Price for the Units being purchased, or (v) to the extent permitted by the Administrator, through net settlement in Units. No Participant shall have any rights to distributions or other rights of a holder with respect to
Units subject to an Option until the Participant has given written notice of exercise of the Option, paid in full for such Units and, if applicable, has satisfied any other conditions imposed by the Administrator pursuant to the Plan. 

  
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 Section 7. Terms
and Conditions of Unit Appreciation Rights. 
 (a) Grants. The Administrator may grant (i) a Unit Appreciation
Right independent of an Option or (ii) a Unit Appreciation Right granted in tandem with an Option, or a portion thereof. A Unit Appreciation Right granted pursuant to clause (ii) of the preceding sentence (A) may be granted at the
time the related Option is granted or at any time prior to the exercise or cancellation of the related Option, (B) shall cover the same number of Units covered by an Option (or such lesser number of Units as the Administrator may determine) and
(C) shall be subject to the same terms and conditions as such Option except for such additional limitations as are contemplated by this Section 7 (or such additional limitations as may be included in an Award Agreement). 

(b) Terms. The exercise price per Unit of a Unit Appreciation Right shall be an amount determined by the Administrator;
provided, however, that in the case of a Unit Appreciation Right granted in tandem with an Option, or a portion thereof, the exercise price may not be less than the Option Price of the related Option. Each Unit Appreciation Right
granted independent of an Option shall entitle a Participant upon exercise to an amount equal to (i) the excess of (A) the Fair Market Value on the exercise date of one Unit over (B) the exercise price per Unit, times (ii) the
number of Units covered by the Unit Appreciation Right. Each Unit Appreciation Right granted in tandem with an Option, or a portion thereof, shall entitle a Participant to surrender to the Partnership the unexercised Option, or any portion thereof,
and to receive from the Partnership in exchange therefor an amount equal to (i) the excess of (A) the Fair Market Value on the exercise date of one Unit over (B) the Option Price per Unit, multiplied by (ii) the number of Units
covered by the Option, or portion thereof, which is surrendered. Payment shall be made in Units or in cash, or partly in Units and partly in cash (any such Units valued at such Fair Market Value), all as shall be determined by the Administrator.
Unit Appreciation Rights may be exercised from time to time upon actual receipt by the Partnership of written notice of exercise stating the number of Units with respect to which the Unit Appreciation Right is being exercised. The date a notice of
exercise is received by the Partnership shall be the exercise date. The Administrator, in its sole discretion, may determine that no fractional Units will be issued in payment for Unit Appreciation Rights, but instead cash will be paid for any
fractional Unit or the number of Units will be rounded downward to the next whole Unit. 
 (c) Limitations. The
Administrator may impose, in its discretion, such conditions upon the exercisability of Unit Appreciation Rights as it may deem fit, but in no event shall a Unit Appreciation Right be exercisable more than ten years after the date it is granted.

 Section 8. Terms and Conditions of Restricted Units, Deferred Units and Performance Units. 

(a) General. Subject to the provisions of the Plan, the Administrator shall determine to whom and when Restricted Units, Deferred
Units and Performance Units will be made, the number of Units to be awarded under (or otherwise related to) 

  
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such Restricted Units, Deferred Units or Performance Units; whether such Restricted Units, Deferred Units or Performance Units shall be settled in cash, Units or a combination of cash and Units;
and all other terms and conditions of such Awards (including, without limitation, the vesting provisions thereof and provisions ensuring that all Units so awarded and issued shall be fully paid and non-assessable). The Administrator may condition
the grant of the Restricted Units, Deferred Units or Performance Units upon criteria that the Administrator may determine, in its sole discretion. If the restrictions, performance objectives and/or conditions established by the Administrator are not
attained, a Participant shall forfeit his or her Restricted Units, Deferred Units or Performance Units. Restricted Units, Deferred Units and Performance Units may be issued either alone or in addition to other Awards granted under the Plan.

 (b) Awards and Certificates. The recipient of grants of Restricted Units, Deferred Units or Performance Units shall
not have any rights with respect to any such Award, unless and until such recipient has executed an Award Agreement and delivered a fully executed copy thereof to the Partnership, within a period of sixty days (or such other period as the
Administrator may specify) after the Award date. Except as otherwise provided below in this Section 8, the books and records of the Partnership shall reflect, for each Participant who is granted an Award of Units, Restricted Units or
Performance Units hereunder, that the Participant is the owner of such Units, which are subject to the terms of the Plan, the Award Agreement and the Partnership Agreement. The Partnership may in its discretion require that each Participant who is
granted an Award of Restricted Units or Performance Units shall be issued a Certificate in respect of such Units, and such Certificate shall be registered in the name of the Participant, and, if appropriate, shall bear a legend referring to the
terms, conditions and restrictions applicable to any such Award. The Partnership may in its discretion further require that any Certificates evidencing Restricted Units or Performance Units granted hereunder be held in the custody of the Partnership
until the restrictions thereon shall have lapsed, and that, as a condition of any grant of Restricted Units or Performance Units, the Participant shall have delivered a power of attorney, endorsed in blank, relating to the Units covered by such
Award. 
 (c) With respect to Awards of Deferred Units, at the expiration of the Restricted Period, the books and records of the
Partnership shall reflect that the Participant is the owner of the Units covered by the Award or portion thereof with respect to which the Restated Period has lapsed. In the Partnership’s sole discretion, the Partnership may instead deliver
Certificates in respect of such Deferred Units to the Participant, or the Participant’s legal representative, in a number equal to the number of Units covered by the Deferred Units Award. 

(d) Restrictions and Conditions. The Awards of Restricted Units, Deferred Units and Performance Units granted pursuant to this
Section 8 shall be subject to the following restrictions and conditions and any additional restrictions or conditions as determined by the Administrator at the time of grant or thereafter: 

  
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 (i) Subject to the
provisions of the Plan and the Award Agreement evidencing the grant of Restricted Units, Deferred Units or Performance Units, during such period as may be set by the Administrator commencing on the date of grant (the “Restricted
Period”), the Participant shall not be permitted to sell, transfer, pledge or assign any Restricted Units, Deferred Units or Performance Units awarded under the Plan; provided, however, that the Administrator may, in its sole
discretion, provide for the lapse of such restrictions in installments and may accelerate or waive such restrictions in whole or in part based on such factors and such circumstances as the Administrator may determine, in its sole discretion,
including, but not limited to, the attainment of certain performance related goals, the Participant’s termination of Employment, the Participant’s death or Disability. Notwithstanding the foregoing, upon a Change in Control, the
outstanding Awards shall be subject to Section 10(b) hereof. 
 (ii) Except as may be provided in an Award Agreement, the
Participant shall generally have the rights of a holder of Units with respect to Restricted Units or Performance Units during the Restricted Period but, shall generally not have the rights of a holder of Units with respect to Units subject to Awards
of Deferred Units during the Restricted Period; provided, that any distributions payable in respect of Restricted Units and Performance Units shall not be paid until the date that is fifteen days after the date the restrictions applicable to
such Restricted Units and Performance Units lapse, along with interest calculated at the rate publicly quoted from time to time by The Wall Street Journal as the “prime rate,” compounded annually, and the right to any such
accumulated distributions and interest shall be forfeited upon the forfeiture of the Restricted Units or Performance Units (as applicable) to which such distributions relate. 
 Section 9. Other Unit-Based Awards. The Administrator, in its sole discretion, may grant or sell other Unit-based awards based in whole or in part on the Fair Market Value of the Units
(“Other Unit-Based Awards”). Such Other Unit-Based Awards shall be in such form, and dependent on such conditions, as the Administrator shall determine, including, without limitation, the right to receive, or vest with respect to,
one or more Units (or the equivalent cash value of such Units) upon the completion of a specified period of service, the occurrence of an event and/or the attainment of performance objectives. Other Unit-Based Awards may be granted alone or in
addition to any other Awards granted under the Plan. Subject to the provisions of the Plan, the Administrator shall determine to whom and when Other Unit-Based Awards will be made, the number of Units to be awarded under (or otherwise related to)
such Other Unit-Based Awards; whether such Other Unit-Based Awards shall be settled in cash, Units or a combination of cash and Units; and all other terms and conditions of such Awards (including, without limitation, the vesting provisions thereof
and provisions ensuring that all Units so awarded and issued shall be fully paid and non-assessable). 
 Section 10.
Adjustments Upon Certain Events. Notwithstanding any other provisions in the Plan to the contrary, the following provisions shall apply to all Awards granted under the Plan: 

  
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 (a) Generally.
Subject to Section 3, which shall govern the adjustment of the number of Total Units at the time of the Capitalization Transaction, in the event of any change in the outstanding Units after the Effective Date by reason of any Unit distribution
or split, reorganization, recapitalization, merger, consolidation, spin-off, combination, combination or transaction or exchange of Units or other corporate exchange, or any distribution to holders of Units other than regular cash distributions or
any transaction similar to the foregoing, the Administrator in its sole discretion and without liability to any person shall make such substitution or adjustment, if any, as it deems to be equitable (subject to Section 18), as to (i) the
number or kind of Units or other securities issued or reserved for issuance pursuant to the Plan or pursuant to outstanding Awards, (ii) the Option Price or exercise price of any Unit Appreciation Right and/or (iii) any other affected
terms of such Awards. 
 (b) Change in Control. In the event of a Change in Control after the Effective Date, (i) if
determined by the Administrator in the applicable Award Agreement or otherwise, any outstanding Awards then held by Participants which are unexercisable or otherwise unvested or subject to lapse restrictions shall automatically be deemed exercisable
or otherwise vested or no longer subject to lapse restrictions, as the case may be, as of immediately prior to such Change of Control and (ii) the Administrator will (subject to Section 18), (A) accelerate, vest or cause the
restrictions to lapse with respect to all or any portion of an Award, (B) cancel such Awards for fair value (as determined in the sole discretion of the Administrator) which, in the case of Options and Unit Appreciation Rights, may equal the
excess, if any, of value of the consideration to be paid in the Change in Control transaction to holders of the same number of Units subject to such Options or Unit Appreciation Rights (or, if no consideration is paid in any such transaction, the
Fair Market Value of the Units subject to such Options or Unit Appreciation Rights) over the aggregate exercise price of such Options or Unit Appreciation Rights, (C) provide for the issuance of substitute Awards that will substantially
preserve the otherwise applicable terms of any affected Awards previously granted hereunder as determined by the Administrator in its sole discretion or (D) provide that for a period of at least fifteen days prior to the Change in Control, such
Options shall be exercisable as to all Units subject thereto and that upon the occurrence of the Change in Control, such Options shall terminate and be of no further force and effect. 

Section 11. No Right to Employment or Awards. The granting of an Award under the Plan shall impose no obligation on the
Partnership, the General Partner or any of their respective Subsidiaries to continue the Employment of a Participant and shall not lessen or affect the Partnership’s, the General Partner’s or any of their respective Subsidiaries’
rights to terminate the Employment of such Participant. No Participant or other Person shall have any claim to be granted any Award, and there is no obligation for uniformity of treatment of Participants, or holders or beneficiaries of Awards. The
terms and conditions of Awards and the Administrator’s determinations and interpretations with respect thereto need not be the same with respect to each Participant (whether or not such Participants are similarly situated). 

Section 12. Successors and Assigns. The Plan shall be binding on all 

  
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successors and assigns of the Partnership and a Participant, including without limitation, the estate of such Participant and the executor, administrator or trustee of such estate, or any
receiver or trustee in bankruptcy or representative of the Participant’s creditors. 
 Section 13. Nontransferability of
Awards. Unless otherwise determined or approved by the Administrator, an Award shall not be transferable or assignable by the Participant otherwise than by will or by the laws of descent and distribution. An Award exercisable after the death of
a Participant may be exercised by the legatees, personal representatives or distributees of the Participant. 
 Section 14.
Amendments or Termination. The Board may amend, alter or discontinue the Plan, but no amendment, alteration or discontinuation shall be made, without the consent of a Participant, if such action would diminish any of the rights of the
Participant under any Award theretofore granted to such Participant under the Plan; provided, however, that the Administrator may amend the Plan in such manner as it deems necessary to permit the granting of Awards meeting the
requirements of the Code or other applicable laws (including, without limitation, to avoid adverse tax consequences to the Partnership or to Participants). 
 Notwithstanding any provision of the Plan to the contrary, in the event that the Administrator determines that any amounts payable hereunder will be taxable to a Participant under Section 409A of the
Code and related Department of Treasury guidance prior to payment to such Participant of such amount, the Partnership may (a) adopt such amendments to the Plan and Awards and appropriate policies and procedures, including amendments and
policies with retroactive effect, that the Administrator determines necessary or appropriate to preserve the intended tax treatment of the benefits provided by the Plan and Awards hereunder and/or (b) take such other actions as the
Administrator determines necessary or appropriate to avoid the imposition of an additional tax under Section 409A of the Code. 
 Section 15. International Participants. With respect to Participants who reside or work outside the United States of America, the Administrator may, in its sole discretion, amend the terms of the
Plan or Awards with respect to such Participants in order to conform such terms with the requirements of local law or to obtain more favorable tax or other treatment for a Participant, the Partnership, the General Partner or an Affiliate.

 Section 16. Choice of Law. The Plan shall be governed by and construed in accordance with the law of the State of
Delaware. 
 Section 17. Effectiveness of the Plan. The Plan shall be effective as of the Effective Date. 

  
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 Section 18.
Section 409A of the Code. 
 (a) 409A of the Code. (i) Notwithstanding any provision of the Plan to the
contrary, it is intended that the provisions of this Plan comply with Section 409A of the Code to the extent applicable, and all provisions of this Plan shall be construed and interpreted in a manner consistent with the requirements for
avoiding taxes or penalties under Section 409A of the Code. Each Participant is solely responsible and liable for the satisfaction of all taxes and penalties that may be imposed on or in respect of such Participant in connection with this Plan
or any other plan maintained by the Partnership (including any taxes and penalties under Section 409A of the Code), and neither the Partnership, the General Partner nor any Affiliate or Subsidiary of the Partnership or General Partner shall
have any obligation to indemnify or otherwise hold such Participant (or any beneficiary) harmless from any or all of such taxes or penalties. With respect to any Award that is considered “deferred compensation” subject to Section 409A
of the Code, references in the Plan to “termination of employment” (and substantially similar phrases) shall mean “separation from service” within the meaning of Section 409A of the Code. For purposes of Section 409A of
the Code, each payment that may be made in respect of any Award granted under the Plan is designated as a separate payment. 

(ii) Notwithstanding anything in the Plan to the contrary, if a Participant is a “specified employee” within the meaning of
Section 409A(a)(2)(B)(i) of the Code, no payments in respect of any Awards that are “deferred compensation” subject to Section 409A of the Code shall be made to such Participant prior to the date that is six months after the date
of such Participant’s “separation from service” (as defined in Section 409A of the Code) or, if earlier, the Participant’s date of death. Following any applicable six month delay, all such delayed payments will be paid in a
single lump sum on the earliest date permitted under Section 409A of the Code that is also a business day. 

Section 19. Tax Withholding. The Administrator shall require payment of any amount it may determine to be necessary to
withhold for federal, state, local or other taxes as a result of the exercise, grant or vesting of an Award. Unless the Administrator specifies otherwise, the Participant may elect to pay a portion or all of such withholding taxes by
(a) delivery in Units or (b) having Units withheld by the Partnership from any Units that would have otherwise been received by the Participant. 
 Section 20. Partnership Agreement. The Administrator may require, in its sole discretion, that, as a condition to the grant of any Award under this Plan, the Participant must sign or agree to
be bound by the terms of the Partnership Agreement. 

  
 11Form of Amended and Restated Restricted Unit Award Agreement

 Exhibit 10.8 

 
  

 
 AMENDED AND RESTATED

 RESTRICTED UNIT AWARD AGREEMENT 
 UNDER THE AVEON GROUP L.P. 
 EQUITY INCENTIVE PLAN 

among 

THE AVEON GROUP L.P. 
 and 
 THE AVEON GROUP L.P. LIMITED PARTNERS FROM 

TIME TO TIME PARTY HERETO 
 Dated as of September 24, 2010 
  

 
  

  
 AMENDED AND RESTATED

 RESTRICTED UNIT AWARD AGREEMENT 
 UNDER THE AVEON GROUP L.P. 
 EQUITY INCENTIVE PLAN 

This Amended and Restated Award Agreement (this “Agreement”), dated as of September 24, 2010, is made by and
between The Aveon Group L.P., a Delaware limited partnership (the “Partnership”), and                     (the
“Participant”) and, for purposes of Sections 8 through 14 hereof, Aveon Management L.L.C., a Delaware limited liability company and the general partner of the Partnership (the “General Partner”). Capitalized terms
not defined herein shall have the meaning ascribed to them in The Aveon Group L.P. Equity Incentive Plan (the “Plan”). Where the context permits, references to the Partnership shall include any successor to the Partnership.

 WHEREAS, the Partnership and the Participant entered into a Restricted Unit Award Agreement under The Aveon Group L.P. Equity
Incentive Plan (the “Original Award Agreement”) on May 27, 2010 (the “Date of Grant”) pursuant to which the Partnership granted to the Participant restricted units representing limited partner interests in the
Partnership on the terms and subject to the conditions of the Original Award Agreement; and 
 WHEREAS, the Participant and the
Partnership now desire to amend and restate the Original Award Agreement on the terms and subject to the conditions set forth in this Agreement. 
 NOW, THEREFORE, in consideration of the premises and mutual covenants herein, and for other good and valuable consideration, the Participant and the Partnership hereby agree as follows: 

Section 1. Grant of Restricted Units. Subject to the immediately following sentence, the Partnership hereby grants to the
Participant on the Date of Grant             units representing limited partner interests in the Partnership (the “Restricted Units”), subject to all of the terms and
conditions of this Agreement and the Plan. The number of such Restricted Units will be adjusted at the time of the closing of the initial public offering of units representing limited partner interests in the Partnership (“Units”),
or other initial capitalization event that enables the General Partner and the Partnership to acquire the “Aveon Business” (defined below) (any such initial public offering or other capitalization event, a “Capitalization
Transaction”) and also adjusted on any related over-allotment option closing date, such that they represent     % of all outstanding Units on a fully diluted basis, giving effect to (i) Units issued in the
Capitalization Transaction (including any Units issued or issuable pursuant to an underwriter’s over allotment option), (ii) Units issuable upon exchange of partnership units of Aveon’s subsidiaries and (iii) Units issued or
issuable pursuant to the Plan. For purposes of this Agreement, the Aveon Business shall mean the business of actively acquiring and owning controlling interests in the general partners or managing members of hedge fund partnerships or limited
liability companies focused on single investment style with assets under management generally less than $2 billion, which may be organized together into 

 
one or more single investment vehicles (herein referred to as “Composite Segments”). As a condition to the grant to the Participant of the Restricted Units pursuant to this
Section 1, the Participant agrees to be bound by the terms and conditions of the Partnership Agreement. 
 Section 2.
Lapse of Restrictions. 
 (a) Vesting. 
 (i) General. Subject to the provisions set forth below, the restrictions on transfer set forth in Section 2(b) hereof shall lapse pursuant to the terms of the vesting schedule attached hereto
as Exhibit A, subject to the continued employment of the Participant by the General Partner, the Partnership or one of their respective Subsidiaries as of each such vesting date (in each case except as set forth in any vesting schedule attached
hereto). 
 (ii) Following Certain Terminations of Employment. Upon termination of the Participant’s employment
with the General Partner, the Partnership or one of their respective Subsidiaries for “Cause” or by Participant without “Good Reason” (as defined in the Amended and Restated employment agreement between the
Participant and the General Partner, dated                     ,     , 2010, as the same shall be amended from time to time (the
“Employment Agreement”)), any Restricted Units as to which the restrictions on transferability described in Section 2(b) of this Agreement shall not already have lapsed shall be immediately forfeited by the Participant without
consideration of any kind, and neither the Participant nor any of the Participant’s successors, heirs, assigns or personal representatives shall thereafter have any further rights or interests in such Restricted Units. 

(b) Restrictions. Until the restrictions on transfer of the Restricted Units lapse as provided in Section 2(a) hereof, or as
otherwise provided in the Plan, no transfer of the Restricted Units or any of the Participant’s rights with respect to the Restricted Units, whether voluntary or involuntary, by operation of law or otherwise, shall be permitted. Unless the
Administrator determines otherwise, upon any attempt to transfer Restricted Units or any rights in respect of Restricted Units before the lapse of such restrictions, such Restricted Units and all of the rights related thereto shall be immediately
forfeited by the Participant without consideration of any kind. 
 Section 3. Legend on Certificates. The Participant
agrees that, to the extent any Certificate is issued evidencing ownership of the Restricted Units prior to the lapse of any outstanding restrictions relating thereto, such Certificate shall bear the following legend (in addition to any other legend
or legends required under applicable federal and state securities laws): 
 The Units represented by this certificate are
subject to certain restrictions upon transfer and rights of repurchase (the “Restrictions”) as set forth in The Aveon Group L.P. Amended and Restated Equity Incentive Plan and an Amended and Restated Restricted Unit Award Agreement
entered into between the 

  
 2 

 
Participant and The Aveon Group L.P., copies of which are on file with The Aveon Group L.P. Any attempt to dispose of these Units in contravention of the Restrictions, including by way of sale,
assignment, transfer, pledge, hypothecation or otherwise, shall be null and void and without effect and shall result in the forfeiture of such Units as provided by such plan and award agreement. 

Section 4. Securities Laws Requirements. The Partnership shall not be obligated to transfer any Units to the Participant free of
the restrictive legend described in Section 3 hereof or of any other restrictive legend, if such transfer, in the opinion of counsel for the Partnership, would violate the Securities Act of 1933, as amended (the “Securities
Act”) (or any other federal or state statutes having similar requirements as may be in effect at that time). 
 Section
5. No Obligation to Register. The Partnership shall be under no obligation to register the Restricted Units pursuant to the Securities Act or any other federal or state securities laws. 

Section 6. Protections Against Violations of Agreement. No purported sale, assignment, mortgage, hypothecation, transfer, pledge,
encumbrance, gift, transfer in trust (voting or other) or other disposition of, or creation of a security interest in or lien on, any of the Restricted Units by any holder thereof in violation of the provisions of this Agreement will be valid, and
the Partnership will not transfer any of said Restricted Units on its books nor will any of such Restricted Units be entitled to vote, nor will any distributions be paid thereon, unless and until there has been full compliance with said provisions
to the satisfaction of the Partnership. The foregoing restrictions are in addition to and not in lieu of any other remedies, legal or equitable, available to enforce said provisions. 

Section 7. Payment of Taxes and 83(b) Election. The Participant shall be fully responsible for any taxes payable in respect of the
Restricted Units. The Participant is required to make an election under Section 83(b) of the Code in connection with such grant and shall promptly notify the Partnership of such election. A form of such election shall be provided by the
Partnership. 
 Section 8. Failure to Enforce Not a Waiver. The failure of the Partnership or the General Partner, as
applicable, to enforce at any time any provision of this Agreement shall in no way be construed to be a waiver of such provision or of any other provision hereof. 
 Section 9. Non-Competition/Non-Solicitation. The Participant acknowledges that, in connection with the Participant’s services to the Partnership and expected employment with the General
Partner, the Participant has had and will have access to and use of the confidential records, trade secrets and proprietary information of the Partnership, the General Partner and their respective Subsidiaries (the “Aveon Group”)
and has been and will be provided with the opportunity to develop relationships with investors and clients, prospective investors and clients, employees and agents of the Aveon Group, and further acknowledges that such confidential records, trade
secrets and 

  
 3 

 
proprietary information and relationships are extremely valuable assets in which the members of the Aveon Group have invested and will continue to invest substantial time, effort and expense and
which represent a significant component of the value of the Aveon Business and the initial public offering of Units or other Capitalization Transaction, and accordingly agrees as follows: 

(a) Non-Competition. While the Participant is employed by the General Partner, the Partnership or any member of the Aveon Group and
for a period of 18 months following the date the Participant ceases to be employed for any reason, the Participant will not directly or indirectly in any geographic location where the Aveon Business is conducted (i) engage in any business for
the Participant’s own account that competes with the Aveon Business, (ii) enter the employ of, or render any services to, any person engaged in any business that competes with the Aveon Business, (iii) acquire a financial interest in,
or otherwise become actively involved with, any person engaged in any business that competes with the Aveon Business, directly or indirectly, as an individual, partner, shareholder, officer, director, principal, agent, trustee or consultant, or
(iv) interfere with business relationships (whether formed before or after the Date of Grant) between any member of the Aveon Group and its respective investors, customers, clients or consultants as of the date of the Participant’s
termination of employment. Notwithstanding anything to the contrary in this Agreement, the Participant may, directly or indirectly, own, solely as an investment, securities of, or other ownership interest in, any person engaged in any business that
competes with the Aveon Business if such investment is a passive investment, and, if the Participant (A) is not a controlling person of, or a member of a group which controls, such person, (B) does not, directly or indirectly, own 3% or
more of any class of securities of, or other ownership interest in, such person and (C) does not participate in any management, direction or control of such person. 
 (b) Non-Solicitation. While the Participant is employed by the General Partner, the Partnership or any member of the Aveon Group and until the date that is 18 months after the date of the
Participant’s termination of employment for any reason, the Participant will not, directly or indirectly, do or attempt to do any of the following: (i) solicit for employment or hire any person that is, or was within the six months
preceding such solicitation or hire, employed with the Aveon Business, (ii) solicit or encourage any other employee with or consultant to the Aveon Business to terminate such employee’s employment or engagement with any member of the Aveon
Group or breach any restrictive covenant to the Aveon Business. 
 (c) It is expressly understood and agreed that, although the
Participant and the Partnership consider the restrictions contained in this Section 9 to be reasonable, if a judicial determination is made by a court of competent jurisdiction that the time or territory or any other restriction contained in
this Agreement is an unenforceable restriction against the Participant, the provisions of this Agreement shall not be rendered void but shall be deemed amended to apply as to such maximum time and territory and to such maximum extent as such court
may judicially determine or indicate to be enforceable. Alternatively, if any court of competent jurisdiction finds that any restriction contained in this Agreement is unenforceable, and such restriction cannot be

  
 4 

 
amended so as to make it enforceable, such finding shall not affect the enforceability of any of the other restrictions contained herein. 

(d) The Participant understands that the provisions of this Section 9 (i) do not impose a greater restraint than is necessary
to protect the legitimate business interests of the Aveon Group, (ii) contain reasonable limitations as to time and scope of activity to be restrained, (iii) are not harmful to the general public, and (iv) are not unduly burdensome to
the Participant, and further acknowledges that the consideration provided hereunder is sufficient to compensate the Participant for the restrictions contained in such provisions. 

Section 10. Nondisparagement. The Participant shall not at any time after the Date of Grant disparage or disclose to the public or
any other person or entity any false or misleading information concerning the Aveon Group, or any owners, partners, directors, members, officers or employees of any member of the Aveon Group. Nothing contained in this Section 10 shall be deemed
to prevent or impair the Participant or any owners, partners, directors, members, officers or employees of any member of the Aveon Group from testifying, to the extent that any of them reasonably believes such testimony to be true, in any legal or
administrative proceeding if such testimony is compelled or requested (or from otherwise complying with legal requirements) or from conferring with his, her or its legal counsel or with senior management or legal personnel of the applicable member
of the Aveon Group charged with handling performance reviews and similar matters. 
 Section 11. Confidential Information and
Developments. The Participant recognizes that it is in the Aveon Group’s legitimate business interest to restrict the Participant’s disclosure or use of Trade Secrets and Confidential Information (as defined below) relating to the
Aveon Business for any purpose other than in connection with the Participant’s performance of the Participant’s duties to the Partnership or the General Partner from time to time, and to limit any potential appropriation of such Trade
Secrets and Confidential Information by the Participant. The Participant therefore agrees that all Trade Secrets and Confidential Information relating to the Aveon Business heretofore or in the future obtained by the Participant during the course of
(i) the establishment of the Aveon Business before the initial public offering of Units or other Capitalization Transaction, (ii) the discussions surrounding the Participant’s employment with the General Partner, or (iii) the
Participant’s employment with the General Partner or any member of the Aveon Group shall be considered confidential and proprietary information of the Aveon Group. The Participant shall not at any time during the Participant’s employment
or for a period of 18 months thereafter, use or disclose, or authorize any other person or entity to use or disclose, any Trade Secrets and Confidential Information, other than as necessary to further the business objectives of the Aveon Group. The
term “Trade Secrets and Confidential Information” includes, by way of example and without limitation, matters of a technical nature, “know-how”, formulas, software, secret processes, works of authorship, inventions,
computer programs (including documentation of such programs), services, materials, patent applications, new product plans, other plans, technical information, technical improvements, ideas, test 

  
 5 

 
data, progress reports and research projects, and matters of a business nature, such as business plans, prospects, financial information, proprietary information about costs, profits, markets,
sales, lists of customers, promotional information, credit and financial data, plans for future development, any information relating to the investment performance of any fund or business managed by any member of the Aveon Group, fund of funds
portfolio construction and selection and Discoveries and Works (as defined below), concerning practices, businesses, procedures, systems, plans or policies of the Aveon Group to the extent not generally available to third parties, of or relating to
the Aveon Business, and its customers, the disclosure of which to competitors of the Aveon Business or others may cause the Aveon Business and the Aveon Group to suffer damage; provided, however, that Trade Secrets and Confidential
Information shall not include any such information (i) that has become generally available to the public other than as a result of a breach by the Participant of this covenant or a breach of confidentiality obligations by another person whom
the Participant has knowledge of being bound by an obligation of confidentiality, (ii) as may be required in response to any summons or subpoena or in connection with any litigation or other administrative hearing, (iii) to the extent
required to comply with any law, order, regulation or ruling applicable to the Participant, or (iv) as may be required in connection with an audit by any taxing authority. 

Section 12. Discoveries and Works. All Discoveries and Works (as defined below) made or conceived by the Participant in connection
with the Participant’s services to the Partnership or during the Participant’s employment by the General Partner or any member of the Aveon Group, solely, jointly or with others, that relate to any present or anticipated activity of the
Aveon Business, or are used or useable by the Aveon Business shall be owned by the applicable member of the Aveon Group. The term “Discoveries and Works” includes, by way of example but without limitation, Trade Secrets and
Confidential Information, URLs, patents and patent applications, service marks, and service mark registrations and applications, trade names, copyrights and copyright registrations and applications. The Participant shall (a) promptly notify,
make full disclosure to and execute and deliver any documents requested by any member of the Aveon Group, as the case may be, to evidence or better assure title to Discoveries and Works in such entity, as so requested, (b) renounce any and all
claims, including but not limited to claims of ownership and royalty, with respect to all Discoveries and Works and all other property owned or licensed by the General Partner, the Partnership or any member of the Aveon Group, (c) assist the
General Partner, the Partnership or any member of the Aveon Group in obtaining or maintaining for itself at its own expense United States and foreign patents, copyrights, trade secret protection or other protection of any and all Discoveries and
Works, and (d) promptly execute, whether during the Participant’s employment with the General Partner or any member of the Aveon Group or thereafter, all applications or other endorsements necessary or appropriate to maintain patents and
other rights for the General Partner, the Partnership or any member of the Aveon Group and to protect the title of the General Partner, the Partnership or any member of the Aveon Group thereto, including but not limited to assignments of such
patents and other rights. The Participant acknowledges that all Discoveries and Works 

  
 6 

 
shall be deemed “works made for hire” under the Copyright Act of 1976, as amended 17 U.S.C. Sect. 101. 
 Section 13. Non-Disclosure of Track Record. Except as otherwise provided in this Section 13, the Participant shall not, at any time, market, promote or otherwise trade on, or claim as the
Participant’s own, the investment performance record (“Track Record”) of any fund, Composite Segment or any institutional or managed account, portfolio or other investment managed by the Aveon Business (each a “Fund or
Portfolio”); provided that during the Participant’s employment with the General Partner, the Partnership or any members of the Aveon Group, the Participant shall be permitted to market, promote or otherwise trade on the Track
Record of any Fund or Portfolio on behalf of the Aveon Business. Notwithstanding the foregoing, the Participant may disclose, in general terms, the overall nature of the Participant’s employment with the General Partner and the Aveon Group to
the extent that such disclosure does not include the investment results of any Fund or Portfolio. All memoranda, documents or other materials relating to the Track Record of any Fund or Portfolio, including any values, numbers, sums, figures,
statistics or other data relating to any Fund or Portfolio, must be approved by the General Partner in writing prior to use and shall contain all disclosures reasonably deemed by the General Partner to be prudent in order to comply with any law,
regulation or rule, or any internal policy generally applicable to any part of the Aveon Business. The General Partner shall have the sole discretion and authority to determine for what use the Track Record is used. Any approval by the General
Partner shall not be construed as an opinion with regard to the legality of such use or whether such use complies with applicable law or presentation standards. Any oral communications by the Participant that are permitted under this Section 13
shall be based on and consistent with all memoranda, documents and other materials approved by the General Partner under this Section 13. 
 Section 14. Specific Performance. The Participant acknowledges and agrees that the remedies at law available to members of the Aveon Group for a breach or threatened breach of any of the provisions
of Sections 9, 10, 11, 12 or 13 of this Agreement would be inadequate and, in recognition of this fact, Participant agrees that, in the event of such a breach or threatened breach, in addition to any remedies at law, each member of the Aveon Group,
without posting any bond, shall be entitled to obtain equitable relief in the form of specific performance, temporary restraining order, temporary or permanent injunction or any other equitable remedy which may then be available. 

Section 15. Governing Law; Venue; Jurisdiction. This Agreement shall be governed by and construed in accordance with the laws of
the State of Delaware, without regard to its conflict of laws provisions or the conflict of laws provisions of any other jurisdiction which would cause the application of any law other than that of the State of Delaware. 

Each party to this Agreement irrevocably agrees for the exclusive benefit of the other that any and all suits, actions or proceedings
relating to Sections 9 through 13 

  
 7 

 
of this Agreement (collectively, “Actions” and, individually, an “Action”) may be maintained in either the courts of the State of Delaware, the Commonwealth of
Massachusetts or the federal District Courts sitting in Wilmington, Delaware or Boston, Massachusetts (collectively, the “Chosen Courts”) and that the Chosen Courts shall have jurisdiction to hear and determine or settle any such
Action and that any such Actions may be brought in the Chosen Courts. Each party irrevocably waives any objection that it may have now or hereafter to the laying of the venue of any Actions in the Chosen Courts and any claim that any Actions have
been brought in an inconvenient forum and further irrevocably agrees that a judgment in any Action brought in the Chosen Courts shall be conclusive and binding upon it and may be enforced in the courts of any other jurisdiction. 

Each party to this Agreement agrees that this Agreement involves at least $100,000 and that this Agreement has been entered into in
express reliance on Section 2708 of Title 6 of the Delaware Code. 
 Section 16. Incorporation of Plan. The Plan is
hereby incorporated by reference and made a part hereof, and the Restricted Units and this Agreement shall be subject to all terms and conditions of the Plan. In the event of any conflict between the provisions of this Agreement and the provisions
of the Plan, the provisions of the Plan shall govern. 
 Section 17. Section 409A Compliance. Notwithstanding
anything to the contrary contained in this Agreement, to the extent that the Board determines that the Plan or the Restricted Units are subject to Section 409A of the Code and fail to comply with the requirements of Section 409A of the
Code, the Board reserves the right (without any obligation to do so) to amend or terminate the Plan and/or amend, restructure, terminate or replace the Restricted Units in order to cause the Restricted Units to either not be subject to
Section 409A of the Code or to comply with the applicable provisions of such section. 
 Section 18. Survival of
Terms. This Agreement shall apply to and bind the Participant and the Partnership and their respective permitted assignees and transferees, heirs, legatees, executors, administrators and legal successors. 

Section 19. Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an
original and all of which together shall be deemed to be one and the same instrument. 
 Section 20. Agreement Not a Contract
for Services. Neither the Plan, the granting of the Restricted Units, this Agreement nor any other action taken pursuant to the Plan shall constitute or be evidence of any agreement or understanding, express or implied, that the Participant has
a right to continue to provide services as an officer, employee, consultant or advisor of any member of the Aveon Group for any period of time or at any specific rate of compensation. 

  
 8 

  
 Section 21.
Authority of the Administrator. The Administrator shall have full authority to interpret and construe the terms of the Plan and this Agreement. The determination of the Administrator as to any such matter of interpretation or construction
shall be final, binding and conclusive. 
 Section 22. Representations. The Participant has reviewed with the
Participant’s own tax advisors the federal, state, local and foreign tax consequences of the transactions contemplated by this Agreement. The Participant is relying solely on such advisors and not on any statements or representations of the
General Partner, the Partnership or any of their respective agents. The Participant understands that he or she (and not the General Partner or the Partnership) shall be responsible for any tax liability that may arise as a result of the transactions
contemplated by this Agreement. 
 Section 23. Severability. Should any provision of this Agreement be held by a court of
competent jurisdiction to be unenforceable, or enforceable only if modified, such holding shall not affect the validity of the remainder of this Agreement, the balance of which shall continue to be binding upon the parties hereto with any such
modification (if any) to become a part hereof and treated as though contained in this original Agreement. 
 Section 24.
Acceptance. The Participant hereby acknowledges receipt of a copy of the Plan, the Partnership Agreement and this Agreement. The Participant has read and understands the terms and provisions of the Plan, the Partnership Agreement and this
Agreement, and accepts the Restricted Units subject to all the terms and conditions of the Plan, the Partnership Agreement and this Agreement. The Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations
of the Administrator upon any questions arising under this Agreement. 

  
 9 

  
 IN WITNESS WHEREOF,
the parties hereto have executed and delivered this Agreement on the day and year first above written. 
  

					
	THE AVEON GROUP L.P.
		
	By	 	 
		 	Name:	 	  

		 	Title:	 	  

 

	
	
	  
	 The Participant

 

			
	 Address:
	 	  

		 	  

 

					
	 For purposes of Sections 8 -14,

AVEON MANAGEMENT L.L.C.

		
	By	 	 
		 	Name:	 	  

		 	Title:	 	  

  
 10 

  
 EXHIBIT A

 Vesting Terms 
 (a) The Restricted Units shall vest on the date when the Administrator determines that the Economic Income Target was met, subject to the Participant’s continued employment through the last day of
the fiscal quarter with respect to which the Economic Income Target was met; provided that if the Participant’s employment is terminated without Cause or by the Participant for Good Reason and the Economic Income Target is met within 18
months after the Participant’s termination, then the Restricted Units shall be fully vested on the date the Administrator determines that the Economic Income Target has been met; provided that, if the Participant gives written notice to
the General Partner, no later than 30 days prior to the 18-month anniversary of the Participant’s termination, that the Participant agrees to continue to comply with Sections 9 and 10 of this Agreement, and agrees that Section 14 of this
Agreement shall continue to apply, in each case, from the date of such 18-month anniversary and until the 24-month anniversary of the Participant’s termination, then the Restricted Units shall be fully vested (if not already vested) if the
Administrator determines that the Economic Income Target is met with respect to any rolling four fiscal quarter period that ends on or prior to such 24-month anniversary, and such vesting shall be effective upon the date of the Adminstrator’s
determination. Notwithstanding the foregoing, if the Economic Income Target is not met as of the last day of the fiscal quarter that ends after the seventh anniversary of the Capitalization Transaction, all Restricted Units shall never vest and will
be immediately forfeited. 
 (b) Upon a Change in Control all outstanding Restricted Units shall immediately vest and all
restrictions on transferability described in Section 2(b) of this Agreement that shall not already have lapsed shall immediately lapse. 
 Capitalized terms used but not otherwise defined in this Exhibit A shall have the meanings ascribed to them in the Amended & Restated Restricted Unit Award Agreement by and between The Aveon
Group L.P., a Delaware limited partnership (the “Partnership”), and the Participant, dated as of September 24, 2010 (the “Agreement”).

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