-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Rm49m+KkdrZ9Bp15CHC9etZVeFzc1luScRY8dzdbbmYu3HsdSIlbAUFMi9P0pq2q DkFLdKjBbSa/NwjYdbhNCg== 0000950123-02-006790.txt : 20020705 0000950123-02-006790.hdr.sgml : 20020704 20020705171935 ACCESSION NUMBER: 0000950123-02-006790 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20020705 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GOLDMAN SACHS GROUP INC/ CENTRAL INDEX KEY: 0000886982 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 134019460 STATE OF INCORPORATION: DE FISCAL YEAR END: 1129 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-56295 FILM NUMBER: 02697388 BUSINESS ADDRESS: STREET 1: 85 BROAD ST CITY: NEW YORK STATE: NY ZIP: 10004 BUSINESS PHONE: 2129021000 MAIL ADDRESS: STREET 1: 85 BROAD ST CITY: NEW YORK STATE: NY ZIP: 10004 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GOLDMAN SACHS GROUP INC/ CENTRAL INDEX KEY: 0000886982 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 134019460 STATE OF INCORPORATION: DE FISCAL YEAR END: 1129 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 85 BROAD ST CITY: NEW YORK STATE: NY ZIP: 10004 BUSINESS PHONE: 2129021000 MAIL ADDRESS: STREET 1: 85 BROAD ST CITY: NEW YORK STATE: NY ZIP: 10004 SC 13D/A 1 y62049sc13dza.txt AMENDMENT NO. 28 TO SCHEDULE 13D SECURITIES EXCHANGE COMMISSION Washington, D.C. 20549 File No. 005-56295 ----------------------------------------------------- SCHEDULE 13D/A (Rule 13d-101) Amendment No. 28 INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) The Goldman Sachs Group, Inc. --------------------- (Name of Issuer) Common Stock, par value $.01 per share --------------------------- (Title of Class of Securities) 38141G 10 4 --------------------- (CUSIP Number) Gregory K. Palm Esta E. Stecher James B. McHugh The Goldman Sachs Group, Inc. 85 Broad Street New York, New York 10004 Telephone: (212) 902-1000 -------------------- (Name, Address and Telephone Number of Persons Authorized to Receive Notices and Communications) June 28, 2002 -------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [ ]. (Continued on following pages) CUSIP NO. 38141G 10 4 13D 1. NAMES OF REPORTING PERSONS: Each of the persons identified on Appendix A. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP As to a group consisting solely of Covered Persons(1) (a) [x] As to a group consisting of persons other than Covered Persons (b) [x] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS: OO as to Covered Shares(1), OO and PF as to Uncovered Shares(2) (Applies to each person listed on Appendix A.) - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] (Applies to each person listed on Appendix A.) - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION United States unless otherwise indicated on Appendix A. - -------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER (See Item 6) SHARES As to Covered Shares, 0 BENEFICIALLY As to Uncovered Shares, as stated in Appendix A OWNED BY REPORTING --------------------------------------------------------- PERSON 8. SHARED VOTING POWER (See Item 6) (Applies to WITH each person listed on Appendix A.) 220,383,521 Covered Shares held by Covered Persons 149,163 Uncovered Shares held by Covered Persons(3) 1,951,439 other Uncovered Shares held by Covered Persons(4) --------------------------------------------------------- 9. SOLE DISPOSITIVE POWER (See Item 6) As to Covered Shares, less than 1% As to Uncovered Shares, as stated in Appendix A --------------------------------------------------------- 10. SHARED DISPOSITIVE POWER (See Item 6): As to Covered Shares, 0 As to Uncovered Shares, as stated in Appendix A - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 222,484,123 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (Applies to each person listed on Appendix A.) [x] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 45.46% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON: OO as to persons listed in Appendix A under the captions "Trusts" and "Limited Liability Companies"; PN as to persons listed in Appendix A under the caption "Partnerships"; CO as to persons listed in Appendix A under the caption "Corporations"; IN as to all other persons listed in Appendix A. - -------- (1) For a definition of this term, please see Item 2. (2) For a definition of this term, please see Item 3. (3) These are Uncovered Shares also described in Row 7 which each Covered Person is deemed to beneficially own by application of Rule 13d-5(b)(1), but do not include the Uncovered Shares described in note 4. Each Covered Person disclaims beneficial ownership of Uncovered Shares held by each other Covered Person. (4) These are Uncovered Shares held by 91 private charitable foundations established by 91 Covered Persons each of whom is a co-trustee of one or more of such private charitable foundations and may be deemed to beneficially own such Uncovered Shares. Each other Covered Person may be deemed to beneficially own such Uncovered Shares by application of Rule 13d-5(b)(1). Each such Covered Person disclaims beneficial ownership of such Uncovered Shares, and each other Covered Person also disclaims beneficial ownership of such Uncovered Shares. 2 APPENDIX A
ITEM 8 ITEM 9 ITEM 6 ITEM 7 SHARED SOLE ITEM 10 CITIZENSHIP SOLE VOTING VOTING DISPOSITIVE SHARED (UNITED STATES POWER OF POWER OF POWER OF DISPOSITIVE ITEM 1 UNLESS OTHERWISE UNCOVERED UNCOVERED UNCOVERED POWER OF NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES UNCOVERED SHARES -------------------------- ---------- ------ ------ ------ ---------------- Bradley I. Abelow 0 0 0 0 Peter C. Aberg 0 0 0 0 Daniel A. Abut Argentina 0 0 0 0 Alberto F. Ades Argentina 0 0 0 0 Ben I. Adler 0 0 0 0 Gregory A. Agran 0 0 0 0 Raanan A. Agus 0 0 0 0 Syed H. Ahmad Pakistan 0 0 0 0 Jonathan R. Aisbitt UK 0 0 0 0 Elliot M. Alchek 0 0 0 0 Yusuf A. Aliredha Bahrain 0 0 0 0 Andrew M. Alper 0 0 0 0 Philippe J. Altuzarra France 0 0 0 0 Ignacio Alvarez-Rendueles Spain 0 0 0 0 Rebecca Amitai 0 0 0 0 Zarthustra Amrolia UK 0 0 0 0 John G. Andrews USA/UK 0 0 0 0 Francois Andriot France 0 0 0 0 Douglas M. Angstrom 0 0 0 0 Arnaud M. Apffel France 0 0 0 0 Lori B. Appelbaum 0 0 0 0 Philip S. Armstrong UK 0 0 0 0 John A. Ashdown UK 0 0 0 0 Akio Asuke Japan 0 0 0 0 David M. Atkinson UK 0 0 0 0 Neil Z. Auerbach 0 0 0 0 Armen A. Avanessians 0 0 0 0 Dean C. Backer 0 0 0 0 William A. Badia 0 0 0 0 Katherine M. Bailon 0 0 0 0 Andrew G. Baird UK 0 0 0 0 Michiel J. Bakker The Netherlands 0 0 0 0 Mark E. Bamford 0 0 0 0 William J. Bannon 0 0 0 0 John S. Barakat 0 0 0 0 Leslie Barbi 0 0 0 0 Adam P. Barrett UK 0 0 0 0 Scott B. Barringer 0 0 0 0 Steven M. Barry 0 0 0 0 Christopher M. Barter 0 0 0 0 Christopher A. Bates 0 0 0 0 David Baum 0 0 0 0 Gerhard Baumgard Germany 0 0 0 0 Frank A. Bednarz 0 0 0 0 Jonathan A. Beinner 0 0 0 0 Janet L. Bell 0 0 0 0 Ron E. Beller 0 0 0 0 Jordan M. Bender 0 0 0 0 Tarek M. Ben Halim Saudi Arabia 0 0 0 0
3
ITEM 8 ITEM 9 ITEM 6 ITEM 7 SHARED SOLE ITEM 10 CITIZENSHIP SOLE VOTING VOTING DISPOSITIVE SHARED (UNITED STATES POWER OF POWER OF POWER OF DISPOSITIVE ITEM 1 UNLESS OTHERWISE UNCOVERED UNCOVERED UNCOVERED POWER OF NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES UNCOVERED SHARES -------------------------- ---------- ------ ------ ------ ---------------- Kenneth Berents 0 0 0 0 Michael G. Berini 0 0 0 0 Milton R. Berlinski The Netherlands 0 0 0 0 Andrew S. Berman 0 0 0 0 Frances R. Bermanzohn 0 0 0 0 Paul D. Bernard 0 0 0 0 Anthony D. Bernbaum UK 0 0 0 0 Stuart N. Bernstein 0 0 0 0 Thomas P. Berquist 0 0 0 0 Robert A. Berry UK 0 0 0 0 John D. Bertuzzi 0 0 0 0 Elizabeth E. Beshel 0 0 0 0 Andrew M. Bevan UK 0 0 0 0 Jean-Luc Biamonti Monaco 0 0 0 0 Andrew C. Bieler 0 0 0 0 James J. Birch UK 0 0 0 0 Gary D. Black 0 0 0 0 Lloyd C. Blankfein 0 0 0 0 Abraham Bleiberg Mexico 0 0 0 0 Dorothee Blessing Germany 0 0 0 0 David W. Blood 0 0 0 0 Randall A. Blumenthal 0 0 0 0 David R. Boles 0 0 0 0 Antonio Borges Portugal 0 0 0 0 Alastair M. Borthwick UK 0 0 0 0 Alison L. Bott UK 0 0 0 0 Charles W.A. Bott UK 0 0 0 0 Charles C. Bradford III 0 0 0 0 George M. Brady 136 0 136 0 Benjamin S. Bram 0 0 0 0 Graham Branton UK 0 0 0 0 Thomas C. Brasco 0 0 0 0 Alan J. Brazil 0 0 0 0 Peter L. Briger, Jr. 0 0 0 0 Craig W. Broderick 0 0 0 0 Richard J. Bronks UK 0 0 0 0 Holger Bross Germany 0 0 0 0 James K. Brown 0 0 0 0 Julian J. Brown UK 0 0 0 0 Kathleen Brown 0 0 0 0 Melissa R. Brown 0 0 0 0 Peter D. Brundage 0 0 0 0 John J. Bu 0 0 0 0 Lawrence R. Buchalter 0 0 0 0 Mark J. Buisseret UK 0 0 0 0 Steven M. Bunson 0 0 0 0 Timothy B. Bunting UK 0 0 0 0 Andrew J. Burke-Smith Canada 0 0 0 0 David D. Burrows 0 0 0 0 Michael S. Burton UK 0 0 0 0
4
ITEM 8 ITEM 9 ITEM 6 ITEM 7 SHARED SOLE ITEM 10 CITIZENSHIP SOLE VOTING VOTING DISPOSITIVE SHARED (UNITED STATES POWER OF POWER OF POWER OF DISPOSITIVE ITEM 1 UNLESS OTHERWISE UNCOVERED UNCOVERED UNCOVERED POWER OF NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES UNCOVERED SHARES -------------------------- ---------- ------ ------ ------ ---------------- Joseph M. Busuttil 0 0 0 0 George H. Butcher III 0 0 0 0 Mary D. Byron 0 0 0 0 Andrew Cader 0 0 0 0 Jin Yong Cai China 0 0 0 0 Lawrence V. Calcano 0 0 0 0 Elizabeth V. Camp 0 0 0 0 John D. Campbell 0 0 0 0 Laurie G. Campbell Canada 0 0 0 0 Richard M. Campbell-Breeden UK 0 0 0 0 Mark M. Carhart 0 0 0 0 Mark J. Carlebach 0 0 0 0 Mariafrancesca Carli Italy 0 0 0 0 Valentino D. Carlotti 0 0 0 0 Anthony H. Carpet 0 0 0 0 Michael J. Carr 0 0 0 0 Christopher J. Carrera 0 0 0 0 Mark Carroll 0 0 0 0 Virginia E. Carter 0 0 0 0 Calvin R. Carver, Jr. 0 0 0 0 Andrea Casati Italy 0 0 0 0 Mary Ann Casati 0 0 0 0 Chris Casciato 0 0 0 0 Mark A. Castellano 0 0 0 0 Eduardo Centola Brazil 0 0 0 0 Varkki P. Chacko USA/India 0 0 0 0 David K. Chang Taiwan 0 0 0 0 Amy L. Chasen 0 0 0 0 Sacha A. Chiaramonte Germany 0 0 0 0 Andrew A. Chisholm Canada 0 0 0 0 W. Reed Chisholm, II 496 0 496 0 Robert J. Christie 0 0 0 0 Todd J. Christie 0 0 0 0 Jane P. Chwick 0 0 0 0 Peter T. Cirenza 0 0 0 0 Geoffrey G. Clark Canada 0 0 0 0 James B. Clark 0 0 0 0 Kent A. Clark Canada 0 0 0 0 Maura J. Clark Canada 0 0 0 0 Alexander Classen Switzerland 0 0 0 0 Catherine M. Claydon Canada 0 0 0 0 Zachariah Cobrinik 0 0 0 0 Michael D. Cochrane Canada 0 0 0 0 Abby Joseph Cohen 0 0 0 0 Lawrence A. Cohen 200 0 200 0 Marc I. Cohen 0 0 0 0 Gary D. Cohn 0 0 0 0 Christopher A. Cole 0 0 0 0 Timothy J. Cole 0 0 0 0 Robert G. Collins 0 0 0 0
5
ITEM 8 ITEM 9 ITEM 6 ITEM 7 SHARED SOLE ITEM 10 CITIZENSHIP SOLE VOTING VOTING DISPOSITIVE SHARED (UNITED STATES POWER OF POWER OF POWER OF DISPOSITIVE ITEM 1 UNLESS OTHERWISE UNCOVERED UNCOVERED UNCOVERED POWER OF NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES UNCOVERED SHARES -------------------------- ---------- ------ ------ ------ ---------------- Marcus R. Colwell 0 0 0 0 Peter H. Comisar 0 0 0 0 Laura C. Conigliaro 0 0 0 0 William Connell 0 0 0 0 Llewellyn C. Connolly 0 0 0 0 Thomas G. Connolly Ireland/USA 0 0 0 0 Frank T. Connor 0 0 0 0 Donna L. Conti 0 0 0 0 Karen R. Cook UK 0 0 0 0 Edith W. Cooper 0 0 0 0 Philip A. Cooper 0 0 0 0 Carlos A. Cordeiro 0 0 0 0 Henry Cornell 0 0 0 0 E. Gerald Corrigan 0 0 0 0 Jon S. Corzine 0 0 0 0 Claudio Costamagna Italy 0 0 0 0 Marta Z. Cotton 0 0 0 0 James A. Coufos 0 0 0 0 Frank L. Coulson, Jr. 0 0 0 0 Kenneth Courtis 0 0 0 0 Eric J. Coutts UK 0 0 0 0 Beverley M. Covell UK 0 0 0 0 Randolph L. Cowen 0 0 0 0 Meyrick Cox UK 0 0 0 0 Brahm S. Cramer Canada 0 0 0 0 Nicholas P. Crapp UK 0 0 0 0 Neil D. Crowder 0 0 0 0 Michael L. Crowl 0 0 0 0 Eduardo A. Cruz 0 0 0 0 John P. Curtin, Jr. 14,207 0 14,207 0 John W. Curtis 0 0 0 0 Michael D. Daffey Australia 0 0 0 0 Stephen C. Daffron 0 0 0 0 Linda S. Daines 0 0 0 0 Stephen B. Dainton UK 0 0 0 0 Paul B. Daitz 0 0 0 0 John S. Daly Ireland 0 0 0 0 Philip M. Darivoff 0 0 0 0 Matthew S. Darnall 0 0 0 0 Timothy D. Dattels Canada 0 0 0 0 Gavyn Davies UK 0 0 0 0 Stephen Davies UK 0 0 0 0 Oral W. Dawe Canada 0 0 0 0 Diego De Giorgi Italy 0 0 0 0 Michael G. De Lathauwer Belgium 0 0 0 0 Jean A. De Pourtales France/UK 0 0 0 0 Luigi de Vecchi Italy 0 0 0 0 David A. Dechman 0 0 0 0 Daniel L. Dees 0 0 0 0 Mark Dehnert 0 0 0 0
6
ITEM 8 ITEM 9 ITEM 6 ITEM 7 SHARED SOLE ITEM 10 CITIZENSHIP SOLE VOTING VOTING DISPOSITIVE SHARED (UNITED STATES POWER OF POWER OF POWER OF DISPOSITIVE ITEM 1 UNLESS OTHERWISE UNCOVERED UNCOVERED UNCOVERED POWER OF NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES UNCOVERED SHARES -------------------------- ---------- ------ ------ ------ ---------------- Paul C. Deighton UK 0 0 0 0 James Del Favero Australia 0 0 0 0 Juan A. Del Rivero Spain 0 0 0 0 Robert V. Delaney, Jr. 0 0 0 0 Joseph Della Rosa 0 0 0 0 Neil V. DeSena 0 0 0 0 Martin R. Devenish UK 0 0 0 0 Andrew C. Devenport UK 0 0 0 0 Stephen D. Dias UK 0 0 0 0 Armando A. Diaz 0 0 0 0 Alexander C. Dibelius Germany 0 0 0 0 Stephen J. DiLascio 0 0 0 0 James D. Dilworth 0 0 0 0 Simon P. Dingemans UK 0 0 0 0 Joseph P. DiSabato 0 0 0 0 Michele I. Docharty 0 0 0 0 Paula A. Dominick 0 0 0 0 Noel B. Donohoe Ireland 0 0 0 0 Suzanne O. Donohoe 0 0 0 0 James H. Donovan 0 0 0 0 Jana Hale Doty 0 0 0 0 Robert G. Doumar, Jr. 0 0 0 0 Thomas M. Dowling 0 0 0 0 John O. Downing 0 0 0 0 Mario Draghi Italy 0 0 0 0 Michael B. Dubno 0 0 0 0 Connie K. Duckworth 0 0 0 0 William C. Dudley 0 0 0 0 Donald J. Duet 0 0 0 0 Brian J. Duffy 0 0 0 0 Brian Duggan 0 0 0 0 Matthieu B. Duncan 0 0 0 0 C. Steven Duncker 0 0 0 0 Karlo J. Duvnjak Canada 0 0 0 0 Jay S. Dweck 0 0 0 0 Michael L. Dweck 0 0 0 0 Gordon E. Dyal 0 0 0 0 Isabelle Ealet France 0 0 0 0 Glenn P. Earle UK 0 0 0 0 Seaborn S. Eastland 0 0 0 0 Kenneth M. Eberts, III 0 0 0 0 Paul S. Efron 0 0 0 0 Herbert E. Ehlers 0 0 0 0 Alexander S. Ehrlich 0 0 0 0 Howard B. Eisen 0 0 0 0 John E. Eisenberg 0 0 0 0 Edward K. Eisler Austria 0 0 0 0 Jason H. Ekaireb UK 0 0 0 0 Gregory H. Ekizian 0 0 0 0 Aubrey J. Ellis 0 0 0 0
7
ITEM 8 ITEM 9 ITEM 6 ITEM 7 SHARED SOLE ITEM 10 CITIZENSHIP SOLE VOTING VOTING DISPOSITIVE SHARED (UNITED STATES POWER OF POWER OF POWER OF DISPOSITIVE ITEM 1 UNLESS OTHERWISE UNCOVERED UNCOVERED UNCOVERED POWER OF NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES UNCOVERED SHARES -------------------------- ---------- ------ ------ ------ ---------------- Glenn D. Engel 0 0 0 0 Earl S. Enzer 0 0 0 0 Christopher H. Eoyang 0 0 0 0 Christian Erickson 0 0 0 0 Michael P. Esposito 0 0 0 0 George C. Estey Canada 0 0 0 0 Mark D. Ettenger 0 0 0 0 Bruce J. Evans 0 0 0 0 Ian J. Evans UK 0 0 0 0 J. Michael Evans Canada 0 0 0 0 W. Mark Evans Canada 0 0 0 0 Charles P. Eve UK 0 0 0 0 Elizabeth C. Fascitelli 0 0 0 0 Jeffrey F. Fastov 0 0 0 0 Pieter Maarten Feenstra The Netherlands 0 0 0 0 Norman Feit 0 0 0 0 Steven M. Feldman 0 0 0 0 Laurie R. Ferber 0 0 0 0 Luca D. Ferrari 0 0 0 0 John A. Ferro, Jr. 0 0 0 0 David A. Fishman 0 0 0 0 Lawton W. Fitt 0 0 0 0 Stephen C. Fitzgerald Australia 0 0 0 0 Thomas M. Fitzgerald III 0 0 0 0 Daniel M. FitzPatrick 0 0 0 0 James A. Fitzpatrick 0 0 0 0 David N. Fleischer 0 0 0 0 Alexander W. Fletcher UK 0 0 0 0 David B. Ford 0 134(5) 0 134(5) Edward C. Forst 0 0 0 0 George B. Foussianes 0 0 0 0 Stephen H. Frank 0 0 0 0 Oliver L. Frankel 0 0 0 0 Orit P. Freedman Israel 0 0 0 0 Matthew T. Fremont-Smith 0 0 0 0 Christopher G. French UK 0 0 0 0 Timothy G. Freshwater UK 0 0 0 0 Jacob Y. Friedman 0 0 0 0 Richard A. Friedman 0 0 0 0 Matthias K. Frisch Switzerland 0 0 0 0 Robert K. Frumkes 0 0 0 0 C. Douglas Fuge 0 0 0 0 Naosuke Fujita Japan 0 0 0 0 Shirley Fung UK 0 0 0 0 Enrico S. Gaglioti 0 0 0 0 James R. Garvey Ireland 0 0 0 0 Joseph D. Gatto 0 0 0 0
- -------- (5) Shared with family members. 8
ITEM 8 ITEM 9 ITEM 6 ITEM 7 SHARED SOLE ITEM 10 CITIZENSHIP SOLE VOTING VOTING DISPOSITIVE SHARED (UNITED STATES POWER OF POWER OF POWER OF DISPOSITIVE ITEM 1 UNLESS OTHERWISE UNCOVERED UNCOVERED UNCOVERED POWER OF NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES UNCOVERED SHARES -------------------------- ---------- ------ ------ ------ ---------------- Emmanuel Gavaudan France 0 0 0 0 Nicholas J. Gaynor UK 0 0 0 0 Richard A. Genna 0 0 0 0 Peter C. Gerhard 0 0 0 0 Kenneth K. Gershenfeld 0 0 0 0 Rajiv A. Ghatalia India 0 0 0 0 Robert R. Gheewalla 0 0 0 0 Nomi P. Ghez Israel/USA 0 0 0 0 Scott A. Gieselman 0 0 0 0 Gary T. Giglio 0 0 0 0 H. John Gilbertson, Jr. 0 0 0 0 Nicholas G. Giordano 0 300(6) 0 300(6) Joseph H. Gleberman 0 0 0 0 Nancy S. Gloor 0 0 0 0 Richard J. Gnodde Ireland/South 0 0 0 0 Africa Jeffrey B. Goldenberg 0 2,860(7) 0 2,860(7) Jacob D. Goldfield 0 0 0 0 Gary F. Goldring 0 0 0 0 Daniel C. Goldwater UK 0 0 0 0 James S. Golob 0 0 0 0 Gregg A. Gonsalves 0 0 0 0 Amy O. Goodfriend 0 0 0 0 Jay S. Goodgold 0 0 0 0 Larry J. Goodwin 0 0 0 0 Andrew M. Gordon 0 0 0 0 Anthony J. Gordon 0 0 0 0 Robert D. Gottlieb 0 0 0 0 Gregory M. Gould 0 0 0 0 Frank J. Governali 0 0 0 0 Lorenzo Grabau Italy 0 0 0 0 Geoffrey T. Grant 0 0 0 0 William M. Grathwohl 0 0 0 0 Pedro Gonzalez Grau Spain 0 0 0 0 Thomas J. Gravina 200 0 200 0 Michael J. Graziano 0 0 0 0 Carmen A. Greco 0 0 0 0 Stefan Green Australia 0 0 0 0 David J. Greenwald 0 0 0 0 Louis S. Greig UK 0 0 0 0 William W. Gridley 0 0 0 0 Peter W. Grieve 0 0 0 0 Christopher Grigg UK 0 0 0 0 Edward Sebastian Grigg UK/France 0 0 0 0 Douglas C. Grip 0 0 0 0 Peter Gross 0 0 0 0 David J. Grounsell UK 0 0 0 0 Eric P. Grubman 0 0 0 0
- -------- (6) Shared with family members. (7) Shared with family members. 9
ITEM 8 ITEM 9 ITEM 6 ITEM 7 SHARED SOLE ITEM 10 CITIZENSHIP SOLE VOTING VOTING DISPOSITIVE SHARED (UNITED STATES POWER OF POWER OF POWER OF DISPOSITIVE ITEM 1 UNLESS OTHERWISE UNCOVERED UNCOVERED UNCOVERED POWER OF NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES UNCOVERED SHARES -------------------------- ---------- ------ ------ ------ ---------------- Arun M. Gunewardena Sri Lanka 0 0 0 0 Celeste A. Guth 0 0 0 0 Edward S. Gutman 0 0 0 0 Joseph D. Gutman 0 0 0 0 Douglas A. Guzman Canada 0 0 0 0 Ralf O. Haase Germany 0 0 0 0 Erol Hakanoglu Turkey 0 0 0 0 David R. Hansen Australia 0 0 0 0 Mary L. Harmon 0 0 0 0 Roger C. Harper 0 0 0 0 Charles T. Harris III 0 0 0 0 Robert S. Harrison 0 0 0 0 Valerie J. Harrison UK 0 0 0 0 Shelley A. Hartman 0 0 0 0 Paul R. Harvey 0 0 0 0 Rumiko Hasegawa Japan 0 0 0 0 Arthur J. Hass 0 0 0 0 Arne K. Hassel Sweden 0 0 0 0 Nobumichi Hattori Japan 0 0 0 0 Stephen J. Hay UK 0 0 0 0 Isabelle Hayen Belgium 0 0 0 0 Keith L. Hayes UK 0 0 0 0 Edward A. Hazel 0 100(8) 0 100(8) Thomas J. Healey 2,900 0 2,900 0 Robert C. Heathcote UK 0 0 0 0 Sylvain M. Hefes France 0 0 0 0 Douglas C. Heidt 0 0 0 0 David R. Heinz 0 0 0 0 David B. Heller 0 0 0 0 Steven M. Heller 0 0 0 0 Ruud G. Hendriks The Netherlands 0 0 0 0 David P. Hennessey 0 0 0 0 R. Douglas Henderson 0 0 0 0 David L. Henle 0 0 0 0 Mary C. Henry 0 0 0 0 Peter C. Herbert 0 0 0 0 Bruce A. Heyman 0 0 0 0 Stephen Hickey 0 0 0 0 Melina E. Higgins 0 0 0 0 Robert E. Higgins 0 0 0 0 Joanne M. Hill 0 0 0 0 Michael I. Hill UK 0 0 0 0 M. Roch Hillenbrand 0 0 0 0 Donald W. Himpele 0 0 0 0 Kenneth W. Hitchner 0 0 0 0 Maykin Ho 0 0 0 0 Timothy E. Hodgson Canada 0 0 0 0 Jacquelyn M. Hoffman-Zehner Canada 0 0 0 0 Richard R. Hogan 0 0 0 0 Christopher G. Hogg New Zealand/USA 0 0 0 0
- -------- (8) Shared with family members. 10
ITEM 8 ITEM 9 ITEM 6 ITEM 7 SHARED SOLE ITEM 10 CITIZENSHIP SOLE VOTING VOTING DISPOSITIVE SHARED (UNITED STATES POWER OF POWER OF POWER OF DISPOSITIVE ITEM 1 UNLESS OTHERWISE UNCOVERED UNCOVERED UNCOVERED POWER OF NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES UNCOVERED SHARES -------------------------- ---------- ------ ------ ------ ---------------- Margaret J. Holen 0 0 0 0 Daniel E. Holland III 0 0 0 0 Teresa E. Holliday 0 0 0 0 Peter Hollmann Germany 0 0 0 0 Philip Holzer Germany 0 0 0 0 Gregory T. Hoogkamp 0 0 0 0 Sean C. Hoover 0 0 0 0 Jay D. Horine 0 0 0 0 Robert D. Hormats 0 0 0 0 Robert G. Hottensen, Jr. 619 0 619 0 Thomas J. Houle 0 0 0 0 Michael R. Housden UK 0 0 0 0 Zu Liu Frederick Hu China 0 0 0 0 Paul J. Huchro 0 0 0 0 James A. Hudis 0 0 0 0 Terry P. Hughes Ireland 0 0 0 0 Bimaljit S. Hundal UK 0 0 0 0 Edith A. Hunt 0 0 0 0 Susan J. Hunt UK 0 0 0 0 Janet T. Hurley 0 0 0 0 Fern Hurst 0 0 0 0 Robert J. Hurst 100 0 100 0 Elizabeth A. Husted 0 0 0 0 Walter V. Hutcherson 0 0 0 0 John S. Iglehart 0 0 0 0 Robert F. Incorvaia 0 0 0 0 Toni Infante 0 0 0 0 Francis J. Ingrassia 0 0 0 0 Timothy J. Ingrassia 0 0 0 0 Margaret H. Isdale 0 0 0 0 Hideki Ishibashi Japan 0 0 0 0 Raymond J. Iwanowski 0 0 0 0 Walter A. Jackson 0 0 0 0 William L. Jacob III 0 0 0 0 Ronald H. Jacobe, Jr. 0 0 0 0 Mark M. Jacobs 0 0 0 0 Arthur L. Jacobson, Jr. 0 0 0 0 James A. Jacobson 0 0 0 0 Richard I. Jaffee 0 0 0 0 Stefan J. Jentzsch Germany 0 0 0 0 Andrew R. Jessop UK 0 0 0 0 Dan H. Jester 0 0 0 0 Thomas Jevon 0 0 0 0 Daniel J. Jick 0 0 0 0 David M. Jimenez-Blanco Spain 0 0 0 0 Peter T. Johnston 0 0 0 0 Robert H. Jolliffe UK 0 0 0 0 Andrew J. Jonas 0 0 0 0 Emerson P. Jones 0 0 0 0
11
ITEM 8 ITEM 9 ITEM 6 ITEM 7 SHARED SOLE ITEM 10 CITIZENSHIP SOLE VOTING VOTING DISPOSITIVE SHARED (UNITED STATES POWER OF POWER OF POWER OF DISPOSITIVE ITEM 1 UNLESS OTHERWISE UNCOVERED UNCOVERED UNCOVERED POWER OF NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES UNCOVERED SHARES -------------------------- ---------- ------ ------ ------ ---------------- Robert C. Jones 0 0 0 0 William J. Jones 0 0 0 0 Roy R. Joseph Guyana 0 0 0 0 Kenneth L. Josselyn 0 0 0 0 Chansoo Joung 0 0 0 0 Marc H. Jourdren France 0 0 0 0 Andrew J. Kaiser 0 0 0 0 Ann F. Kaplan 21 0 21 0 Barry A. Kaplan 0 0 0 0 David A. Kaplan 0 0 0 0 Jason S. Kaplan 0 0 0 0 Robert S. Kaplan 0 0 0 0 Scott B. Kapnick 0 0 0 0 Atul Kapur India 0 0 0 0 Erland S. Karlsson Sweden 0 0 0 0 James M. Karp 0 0 0 0 Toshinobu Kasai Japan 0 0 0 0 Richard Katz 0 0 0 0 Robert J. Katz 0 0 0 0 James C. Katzman 0 0 0 0 John J. Kauffman 0 0 0 0 David K. Kaugher 0 0 0 0 Peter R. Kellogg 0 0 0 0 John L. Kelly 0 0 0 0 Carsten Kengeter Germany 0 0 0 0 Kevin W. Kennedy 0 0 0 0 Gioia M. Kennett 0 0 0 0 William J. Kenney 0 0 0 0 Thomas J. Kenny 0 0 0 0 Steven Kerr 0 0 0 0 John G. Ketterer III 0 0 0 0 Lawrence S. Keusch 0 0 0 0 Rustom N. Khandalavala 0 0 0 0 Philippe Khuong-Huu France 0 0 0 0 Peter A. Kiernan UK 0 0 0 0 Peter D. Kiernan III 0 0 0 0 Sun Bae Kim Canada 0 0 0 0 Douglas W. Kimmelman 444 0 444 0 Colin E. King Canada 0 0 0 0 Robert C. King, Jr. 0 0 0 0 Adrian P. Kingshott UK 0 0 0 0 Timothy M. Kingston 0 0 0 0 Frank J. Kinney, III 0 0 0 0 Shigeki Kiritani Japan 0 0 0 0 Ewan M. Kirk UK 0 0 0 0 Remy Klammers France 0 0 0 0 Daniel H. Klebes II 0 0 0 0 Michael Klimek 0 0 0 0 Michael K. Klingher 0 0 0 0 Jonathan R. Knight UK 0 0 0 0
12
ITEM 8 ITEM 9 ITEM 6 ITEM 7 SHARED SOLE ITEM 10 CITIZENSHIP SOLE VOTING VOTING DISPOSITIVE SHARED (UNITED STATES POWER OF POWER OF POWER OF DISPOSITIVE ITEM 1 UNLESS OTHERWISE UNCOVERED UNCOVERED UNCOVERED POWER OF NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES UNCOVERED SHARES -------------------------- ---------- ------ ------ ------ ---------------- Bradford C. Koenig 0 0 0 0 Mark J. Kogan 0 0 0 0 Jonathan L. Kolatch 0 0 0 0 Richard E. Kolman 0 0 0 0 Philip J. Kopp III 0 0 0 0 David J. Kostin 0 0 0 0 Koji Kotaka Japan 0 0 0 0 Peter S. Kraus 15 0 15 0 Mary Lyn Valkenburg Kurish 0 0 0 0 Eiichiro Kuwana Japan 0 0 0 0 Peter Labbat 0 0 0 0 Peggy A. Lamb 0 0 0 0 David G. Lambert 0 0 0 0 Eric S. Lane 0 0 0 0 Thomas K. Lane 0 0 0 0 Gary R. Lapidus 0 0 0 0 Bruce M. Larson 0 0 0 0 Thomas D. Lasersohn 0 0 0 0 Anthony D. Lauto 0 0 0 0 John J. Lauto 0 0 0 0 Matthew Lavicka 0 0 0 0 Andrew E. Law UK 0 0 0 0 Peter T. Lawler 0 0 0 0 David N. Lawrence 0 0 0 0 Peter Layton 0 0 0 0 Susan R. Leadem 0 0 0 0 Andrew D. Learoyd UK 0 0 0 0 Chan-Keun Lee South Korea 0 0 0 0 Donald C. Lee 0 0 0 0 Gregory D. Lee Australia 0 0 0 0 Kenneth H. M. Leet 0 0 0 0 Richard O. Leggett 0 0 0 0 Anthony J. Leitner 0 0 0 0 Todd W. Leland 0 0 0 0 Paulo C. Leme 0 0 0 0 Gregg R. Lemkau 0 0 0 0 Remco O. Lenterman The Netherlands 0 0 0 0 Hughes B. Lepic France 0 0 0 0 Alan B. Levande 0 0 0 0 Johan H. Leven Sweden 0 0 0 0 Ronald S. Levin 0 0 0 0 Jack Levy 0 0 0 0 Richard J. Levy UK 0 0 0 0 Tobin V. Levy 0 0 0 0 P. Jeremy Lewis 0 0 0 0 Thomas B. Lewis, Jr. 0 0 0 0 Mark E. Leydecker 0 0 0 0 Matthew G. L'Heureux 0 0 0 0 Michael Liberman 0 0 0 0 George C. Liberopoulos Canada/USA 0 0 0 0
13
ITEM 8 ITEM 9 ITEM 6 ITEM 7 SHARED SOLE ITEM 10 CITIZENSHIP SOLE VOTING VOTING DISPOSITIVE SHARED (UNITED STATES POWER OF POWER OF POWER OF DISPOSITIVE ITEM 1 UNLESS OTHERWISE UNCOVERED UNCOVERED UNCOVERED POWER OF NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES UNCOVERED SHARES -------------------------- ---------- ------ ------ ------ ---------------- Gwen R. Libstag 0 0 0 0 Stephen C. Lichtenauer 0 0 0 0 Roger A. Liddell UK 0 0 0 0 Richard J. Lieb 0 0 0 0 Mitchell J. Lieberman 0 0 0 0 Richerd C. Lightburn 0 0 0 0 Ryan D. Limaye 0 0 0 0 Susan S. Lin Hong Kong/USA 0 0 0 0 Syaru Shirley Lin 0 0 0 0 Josephine Linden UK 0 0 0 0 Lawrence H. Linden 0 0 0 0 Anthony W. Ling UK 0 0 0 0 Bonnie S. Litt 0 0 0 0 Robert Litterman 0 0 0 0 Robert H. Litzenberger 0 0 0 0 David McD. A. Livingstone Australia 0 0 0 0 Jill E. Lohrfink 0 0 0 0 Douglas F. Londal 0 0 0 0 Jacques M. Longerstaey USA/Belgium 0 0 0 0 Joseph Longo 0 0 0 0 Jonathan M. Lopatin 0 0 0 0 Francisco Lopez-Balboa 0 0 0 0 Victor M. Lopez-Balboa 0 0 0 0 Antigone Loudiadis UK 0 0 0 0 Michael C. Luethke 0 0 0 0 Kevin L. Lundeen 0 0 0 0 Michael R. Lynch 0 0 0 0 Richard E. Lyon, III 0 0 0 0 Peter B. MacDonald UK 0 0 0 0 Mark G. Machin UK 0 0 0 0 Shogo Maeda Japan 0 0 0 0 Christopher J. Magarro 0 0 0 0 John A. Mahoney 0 0 0 0 Sean O. Mahoney 0 0 0 0 Russell E. Makowsky 0 0 0 0 Keith A. Malas 0 0 0 0 Peter G. C. Mallinson UK 0 0 0 0 John V. Mallory 0 0 0 0 Kathleen M. Maloney 0 0 0 0 Charles G. R. Manby UK 0 0 0 0 Robert S. Mancini 0 0 0 0 Barry A. Mannis 0 0 0 0 Elizabeth C. Marcellino 0 0 0 0 Arthur S. Margulis, Jr. 0 0 0 0 Carmen Marino 0 0 0 0 Ronald G. Marks 0 0 0 0 Robert J. Markwick UK 0 0 0 0 Nicholas I. Marovich 0 0 0 0 David J. Marshall 0 0 0 0 Allan S. Marson UK 0 0 0 0
14
ITEM 8 ITEM 9 ITEM 6 ITEM 7 SHARED SOLE ITEM 10 CITIZENSHIP SOLE VOTING VOTING DISPOSITIVE SHARED (UNITED STATES POWER OF POWER OF POWER OF DISPOSITIVE ITEM 1 UNLESS OTHERWISE UNCOVERED UNCOVERED UNCOVERED POWER OF NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES UNCOVERED SHARES -------------------------- ---------- ------ ------ ------ ---------------- Eff W. Martin 0 0 0 0 Jacques Martin Canada 0 0 0 0 Alison J. Mass 0 0 0 0 Robert A. Mass 0 0 0 0 John J. Masterson 0 0 0 0 David J. Mastrocola 0 0 0 0 Blake W. Mather 0 0 0 0 Kathy M. Matsui 0 0 0 0 Karen A. Matte 40 0 40 0 George N. Mattson 0 0 0 0 Heinz Thomas Mayer Germany 0 0 0 0 Thomas J. McAdam 46 0 46 0 Richard F. McArdle 0 0 0 0 John J. McCabe 0 0 0 0 Theresa E. McCabe 0 0 0 0 Joseph M. McConnell 0 0 0 0 Ian R. McCormick UK 0 0 0 0 Lynn M. McCormick 0 0 0 0 Mark E. McGoldrick 0 0 0 0 Thomas F. McGowan 0 0 0 0 Joseph P. McGrath, Jr. 0 0 0 0 Stephen J. McGuinness 0 0 0 0 John C. McIntire 0 0 0 0 John W. McMahon 0 0 0 0 Geraldine F. McManus 0 0 0 0 Gerald C. McNamara, Jr. 4,196 0 4,196 0 James A. McNamara 0 215(9) 0 215(9) Richard P. McNeil Jamaica 0 0 0 0 Audrey A. McNiff 0 0 0 0 John P. McNulty 0 0 0 0 Stuart G. McPherson UK 0 0 0 0 Robert A. McTamaney 0 0 0 0 E. Scott Mead 0 0 0 0 Lance P. Meaney 0 0 0 0 Sharon I. Meers 0 0 0 0 David M. Meerschwam The Netherlands 0 0 0 0 Sanjeev K. Mehra India 0 0 0 0 Christian A. Meissner Austria 0 0 0 0 Michael C. Melignano 0 0 0 0 Andrew J. Melnick 0 0 0 0 Michael A. Mendelson 0 0 0 0 Bernard A. Mensah UK 0 0 0 0 Amos Meron USA/Israel 0 0 0 0 T. Willem Mesdag 0 0 0 0 Andrew L. Metcalfe UK 0 0 0 0 Julian R. Metherell UK 0 0 0 0 Michael R. Miele 0 0 0 0 Gunnar T. Miller 0 0 0 0
- -------- (9) Shared with family members. 15
ITEM 8 ITEM 9 ITEM 6 ITEM 7 SHARED SOLE ITEM 10 CITIZENSHIP SOLE VOTING VOTING DISPOSITIVE SHARED (UNITED STATES POWER OF POWER OF POWER OF DISPOSITIVE ITEM 1 UNLESS OTHERWISE UNCOVERED UNCOVERED UNCOVERED POWER OF NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES UNCOVERED SHARES -------------------------- ---------- ------ ------ ------ ---------------- Kenneth A. Miller 0 0 0 0 Therese L. Miller 0 0 0 0 James E. Milligan 0 0 0 0 Eric M. Mindich 0 0 0 0 Luciana D. Miranda Brazil 0 0 0 0 Edward S. Misrahi Italy 0 0 0 0 Masatoki J. Mitsumata Japan 0 0 0 0 Steven T. Mnuchin 0 0 0 0 Masanori Mochida Japan 0 0 0 0 Timothy H. Moe 0 0 0 0 Douglas D. Moffitt 0 0 0 0 Karsten N. Moller Denmark 0 0 0 0 Thomas K. Montag 0 0 0 0 William C. Montgomery 0 0 0 0 Wayne L. Moore 0 0 0 0 J. Ronald Morgan, III 0 0 0 0 Yukihiro Moroe Japan 0 0 0 0 James P. Morris 0 0 0 0 R. Scott Morris 0 0 0 0 Robert B. Morris III 0 0 0 0 Richard S. Morse UK 0 0 0 0 Jeffrey M. Moslow 0 0 0 0 Sharmin Mossavar-Rahmani UK 0 0 0 0 Gregory T. Mount 0 0 0 0 Ian Mukherjee UK 0 0 0 0 Edward A. Mule 0 0 0 0 Donald R. Mullen 0 0 0 0 Eric D. Mullins 0 0 0 0 Donald J. Mulvihill 0 0 0 0 Patrick E. Mulvihill Ireland 0 0 0 0 Robert G. Munro UK 0 0 0 0 Rie Murayama Japan 0 0 0 0 Richard A. Murley UK 0 0 0 0 Patrick E. Murphy 0 0 0 0 Philip D. Murphy 0 0 0 0 Thomas S. Murphy, Jr. 0 0 0 0 Gaetano J. Muzio 0 0 0 0 Michiya Nagai Japan 0 0 0 0 Gabrielle U. Napolitano 0 0 0 0 Avi M. Nash 0 0 0 0 Trevor P. Nash UK 0 0 0 0 Kevin D. Naughton 112 0 112 0 Mark J. Naylor UK 0 0 0 0 Jeffrey P. Nedelman 0 0 0 0 Warwick M. Negus Australia 0 0 0 0 Daniel M. Neidich 44 0 44 0 Kipp M. Nelson 0 0 0 0 Leslie S. Nelson 0 0 0 0 Robin Neustein 0 0 0 0 Duncan L. Niederauer 0 0 0 0
16
ITEM 8 ITEM 9 ITEM 6 ITEM 7 SHARED SOLE ITEM 10 CITIZENSHIP SOLE VOTING VOTING DISPOSITIVE SHARED (UNITED STATES POWER OF POWER OF POWER OF DISPOSITIVE ITEM 1 UNLESS OTHERWISE UNCOVERED UNCOVERED UNCOVERED POWER OF NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES UNCOVERED SHARES -------------------------- ---------- ------ ------ ------ ---------------- Theodore E. Niedermayer USA/France 0 0 0 0 Susan M. Noble UK 0 0 0 0 Markus J. Noe-Nordberg Austria 0 0 0 0 Suok J. Noh 0 0 0 0 Suzanne M. Nora Johnson 0 0 0 0 Christopher K. Norton 0 15,000(10) 0 15,000(10) Michael E. Novogratz 0 0 0 0 Jay S. Nydick 0 0 0 0 Katherine K. Oakley 0 0 0 0 Eric M. Oberg 0 0 0 0 Alok Oberoi India 0 0 0 0 Gavin G. O'Connor 0 0 0 0 James K. O'Connor 0 0 0 0 Fergal J. O'Driscoll Ireland 0 0 0 0 Jinsuk T. Oh South Korea 0 0 0 0 L. Peter O'Hagan Canada 0 0 0 0 Terence J. O'Neill UK 0 0 0 0 Timothy J. O'Neill 0 0 0 0 Richard T. Ong Malaysia 0 0 0 0 Ronald M. Ongaro 0 0 0 0 Taneki Ono Japan 0 0 0 0 Donald C. Opatrny, Jr. 0 0 0 0 Daniel P. Opperman 0 0 0 0 Daniel B. O'Rourke 0 0 0 0 Calum M. Osborne UK 0 0 0 0 Robert J. O'Shea 0 0 0 0 Joel D. Ospa 0 0 0 0 Greg M. Ostroff 0 0 0 0 Nigel M. O'Sullivan UK 0 0 0 0 Terence M. O'Toole 0 0 0 0 Brett R. Overacker 0 0 0 0 Todd G. Owens 0 0 0 0 Fumiko Ozawa Japan 0 0 0 0 Robert J. Pace 0 0 0 0 Helen Paleno 0 0 0 0 Gregory K. Palm 0 0 0 0 Bryant F. Pantano 0 0 0 0 Massimo Pappone Italy 0 0 0 0 James R. Paradise UK 0 0 0 0 Mukesh K. Parekh 0 0 0 0 Geoffrey M. Parker 0 0 0 0 Archie W. Parnell 100 100(11) 100 100(11) Michael L. Pasternak UK 0 0 0 0 Ketan J. Patel UK 0 0 0 0 Melissa B. Patrusky 0 0 0 0 Henry M. Paulson, Jr. 0 0 0 0 Arthur J. Peponis 286 0 286 0 David E. Perlin 0 0 0 0
- -------- (10) Shared with family members. (11) Shared with family members. 17
ITEM 8 ITEM 9 ITEM 6 ITEM 7 SHARED SOLE ITEM 10 CITIZENSHIP SOLE VOTING VOTING DISPOSITIVE SHARED (UNITED STATES POWER OF POWER OF POWER OF DISPOSITIVE ITEM 1 UNLESS OTHERWISE UNCOVERED UNCOVERED UNCOVERED POWER OF NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES UNCOVERED SHARES -------------------------- ---------- ------ ------ ------ ---------------- Bradley J. Peterson 0 0 0 0 David B. Philip 0 0 0 0 Paul A. Phillips 0 0 0 0 Todd J. Phillips 0 0 0 0 Alberto M. Piedra, Jr. 0 0 0 0 Stephen R. Pierce 0 0 0 0 Philip J. Pifer 0 0 0 0 Scott M. Pinkus 0 0 0 0 Michel G. Plantevin France 0 0 0 0 Timothy C. Plaut Germany 0 0 0 0 Andrea Ponti Italy/USA 0 0 0 0 Ellen R. Porges 0 0 0 0 Wiet H. M. Pot The Netherlands 0 0 0 0 Michael J. Poulter UK 0 0 0 0 John J. Powers 0 0 0 0 Richard H. Powers 0 0 0 0 Michael A. Price 0 0 0 0 Scott Prince 0 0 0 0 Anthony J. Principato 0 0 0 0 Steven D. Pruett 0 0 0 0 Goran V. Puljic 0 0 0 0 Kevin A. Quinn 0 0 0 0 Stephen D. Quinn 0 0 0 0 B. Andrew Rabin 0 0 0 0 John J. Rafter Ireland 0 0 0 0 Jonathan Raleigh 0 0 0 0 Dioscoro-Roy I. Ramos Phillippines 0 0 0 0 Gregory G. Randolph 0 0 0 0 Charlotte P. Ransom UK 0 0 0 0 Michael G. Rantz 0 0 0 0 Philip A. Raper UK 0 0 0 0 Alan M. Rapfogel 0 0 0 0 Joseph Ravitch 0 0 0 0 Sara E. Recktenwald 0 0 0 0 Girish V. Reddy 0 0 0 0 Arthur J. Reimers III 0 0 0 0 Filip A. Rensky 0 0 0 0 Anthony John Reizenstein UK 0 0 0 0 Jeffrey A. Resnick 0 0 0 0 Peter Richards UK 0 0 0 0 Michael J. Richman 0 0 0 0 Andrew J. Rickards UK 0 0 0 0 Thomas S. Riggs, III 0 0 0 0 James P. Riley, Jr. 0 0 0 0 Kimberly E. Ritrievi 0 0 0 0 John S. Rizner 0 0 0 0 Paul M. Roberts UK 0 0 0 0 Richard T. Roberts 0 0 0 0 Simon M. Robertson UK 0 0 0 0 Normann G. Roesch Germany 0 0 0 0
18
ITEM 8 ITEM 9 ITEM 6 ITEM 7 SHARED SOLE ITEM 10 CITIZENSHIP SOLE VOTING VOTING DISPOSITIVE SHARED (UNITED STATES POWER OF POWER OF POWER OF DISPOSITIVE ITEM 1 UNLESS OTHERWISE UNCOVERED UNCOVERED UNCOVERED POWER OF NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES UNCOVERED SHARES -------------------------- ---------- ------ ------ ------ ---------------- James H. Rogan 0 0 0 0 J. David Rogers 0 200(12) 0 200(12) John F. W. Rogers 0 0 0 0 Emmanuel Roman France 0 0 0 0 Eileen P. Rominger 0 0 0 0 Pamela P. Root 0 0 0 0 Ralph F. Rosenberg 0 0 0 0 Jacob D. Rosengarten 0 0 0 0 Richard J. Rosenstein 0 0 0 0 Ivan Ross 0 0 0 0 Stuart M. Rothenberg 0 0 0 0 Michael S. Rotter 0 0 0 0 Michael S. Rubinoff 0 0 0 0 Paul M. Russo 0 0 0 0 John P. Rustum Ireland/USA 0 0 0 0 Richard M. Ruzika 0 0 0 0 David C. Ryan 0 0 0 0 David M. Ryan Australia 0 0 0 0 Jeri Lynn Ryan 0 0 0 0 John C. Ryan 0 0 0 0 Michael D. Ryan 0 0 0 0 Katsunori Sago Japan 0 0 0 0 Pablo J. Salame Ecuador 0 0 0 0 Richard C. Salvadore 0 0 0 0 J. Michael Sanders 0 0 0 0 Allen Sangines-Krause Mexico 211 0 211 0 Richard A. Sapp 0 0 0 0 Neil I. Sarnak 0 0 0 0 Joseph Sassoon Israel 0 0 0 0 Atsuko Sato Japan 0 0 0 0 Masanori Sato Japan 0 0 0 0 Tsutomu Sato Japan 240 0 240 0 Muneer A. Satter 0 0 0 0 Marc P. Savini 0 0 0 0 Jonathan S. Savitz 0 0 0 0 Peter Savitz 0 0 0 0 James E. Sawtell UK 0 0 0 0 Paul S. Schapira Italy 0 0 0 0 P. Sheridan Schechner 1,000 0 1,000 0 Marcus Schenck Germany 0 0 0 0 Susan J. Scher 0 0 0 0 Gary B. Schermerhorn 0 0 0 0 Stephen M. Scherr 0 0 0 0 Mitchell I. Scherzer Canada 0 0 0 0 Howard B. Schiller 0 0 0 0 Erich P. Schlaikjer 0 0 0 0 Jeffrey W. Schroeder 0 0 0 0 Antoine Schwartz France 0 0 0 0
- -------- (12) Shared with family members. 19
ITEM 8 ITEM 9 ITEM 6 ITEM 7 SHARED SOLE ITEM 10 CITIZENSHIP SOLE VOTING VOTING DISPOSITIVE SHARED (UNITED STATES POWER OF POWER OF POWER OF DISPOSITIVE ITEM 1 UNLESS OTHERWISE UNCOVERED UNCOVERED UNCOVERED POWER OF NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES UNCOVERED SHARES -------------------------- ---------- ------ ------ ------ ---------------- Eric S. Schwartz 0 0 0 0 Harvey M. Schwartz 0 0 0 0 Mark Schwartz 0 0 0 0 Thomas M. Schwartz 0 1,900(13) 0 1,900(13) Patrick P. Scire 0 0 0 0 Steven M. Scopellite 0 0 0 0 David J. Scudellari 0 0 0 0 Charles B. Seelig, Jr. 0 0 0 0 Karen D. Seitz 0 0 0 0 Anik Sen UK 0 0 0 0 Randolph Sesson, Jr. 0 0 0 0 Steven M. Shafran 0 0 0 0 Lisa M. Shalett 0 0 0 0 Richard S. Sharp UK 0 0 0 0 John P. Shaughnessy 0 0 0 0 Robert J. Shea, Jr. 0 0 0 0 John S. Sheldon 0 0 0 0 David G. Shell 0 0 0 0 James M. Sheridan 0 0 0 0 Richard G. Sherlund 0 0 0 0 Michael S. Sherwood UK 0 0 0 0 Masaru Shibata Japan 0 0 0 0 James Shim 0 0 0 0 Abraham Shua 0 0 0 0 Michael H. Siegel 0 0 0 0 Ralph J. Silva 0 0 0 0 Harry Silver 0 0 0 0 Harvey Silverman 0 0 0 0 Howard A. Silverstein 0 0 0 0 Richard P. Simon 0 0 0 0 Victor R. Simone, Jr. 0 0 0 0 David T. Simons 0 0 0 0 Christine A. Simpson 0 0 0 0 Dinakar Singh 0 0 0 0 Ravi M. Singh 0 0 0 0 Ravi Sinha India/USA 0 0 0 0 Edward M. Siskind 0 0 0 0 Christian J. Siva-Jothy UK 0 0 0 0 Mark F. Slaughter 0 0 0 0 Jeffrey S. Sloan 0 0 0 0 Linda J. Slotnick 0 0 0 0 Cody J Smith 0 1,000(14) 0 1,000(14) Derek S. Smith 0 0 0 0 Michael M. Smith 0 0 0 0 Sarah E. Smith UK 0 0 0 0 Trevor A. Smith UK 0 0 0 0 John E. Smollen 0 0 0 0 Randolph C. Snook 0 0 0 0
- -------- (13) Shared with family members. (14) Shared with family members. 20
ITEM 8 ITEM 9 ITEM 6 ITEM 7 SHARED SOLE ITEM 10 CITIZENSHIP SOLE VOTING VOTING DISPOSITIVE SHARED (UNITED STATES POWER OF POWER OF POWER OF DISPOSITIVE ITEM 1 UNLESS OTHERWISE UNCOVERED UNCOVERED UNCOVERED POWER OF NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES UNCOVERED SHARES - -------------------------- ---------- ------ ------ ------ ---------------- Jonathan S. Sobel 0 0 0 0 David M. Solomon 0 0 0 0 Judah C. Sommer 0 0 0 0 Theodore T. Sotir 0 0 0 0 Sergio E. Sotolongo 0 0 0 0 Vickrie C. South 0 0 0 0 Daniel L. Sparks 0 0 0 0 Marc A. Spilker 0 0 0 0 Daniel W. Stanton 0 0 0 0 Steven R. Starker 0 0 0 0 Keith G. Starkey UK 0 0 0 0 Esta E. Stecher 0 0 0 0 Cathrine S. Steck 0 0 0 0 Fredric E. Steck 0 0 0 0 Robert K. Steel 0 0 0 0 Jean-Michel Steg France 0 0 0 0 Stuart L. Sternberg 0 0 0 0 Joseph P. Stevens 0 0 0 0 Raymond S. Stolz 0 0 0 0 Margaret E. Stone 0 0 0 0 Timothy T. Storey Canada 0 0 0 0 George C. Strachan 0 0 0 0 Fredrik J. Stromholm Sweden 0 0 0 0 Raymond B. Strong, III 0 0 0 0 Steven H. Strongin 0 0 0 0 Andrew J. Stuart Australia 0 0 0 0 Nobumichi Sugiyama Japan 0 0 0 0 Christopher P. Sullivan USA/Ireland 0 0 0 0 Patrick Sullivan 0 0 0 0 Johannes R. Sulzberger Austria 0 0 0 0 Hsueh J. Sung Taiwan 0 0 0 0 Richard J. Sussman 0 0 0 0 Peter D. Sutherland S.C. Ireland 0 0 0 0 Watanan Suthiwartnarueput Thailand 0 0 0 0 Gary J. Sveva 0 0 0 0 Eric S. Swanson 0 0 0 0 Gene T. Sykes 0 0 0 0 Shahriar Tadjbakhsh 0 0 0 0 Ronald K. Tanemura UK/USA 0 0 0 0 Caroline H. Taylor UK 0 0 0 0 John H. Taylor 0 0 0 0 Greg W. Tebbe 0 0 0 0 David H. Tenney 0 0 0 0 Kiyotaka Teranishi Japan 0 0 0 0 Mark R. Tercek 0 0 0 0 Donald F. Textor 0 0 0 0 John A. Thain 0 0 0 0 John L. Thornton 0 0 0 0 Timothy J. Throsby Australia 0 0 0 0 Nicolas F. Tiffou France 0 0 0 0
21
ITEM 8 ITEM 9 ITEM 6 ITEM 7 SHARED SOLE ITEM 10 CITIZENSHIP SOLE VOTING VOTING DISPOSITIVE SHARED (UNITED STATES POWER OF POWER OF POWER OF DISPOSITIVE ITEM 1 UNLESS OTHERWISE UNCOVERED UNCOVERED UNCOVERED POWER OF NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES UNCOVERED SHARES - -------------------------- ---------- ------ ------ ------ ---------------- Jason A. Tilroe 0 0 0 0 Daisuke Toki Japan 0 0 0 0 Gary S. Tolchin 0 0 0 0 Peter K. Tomozawa 0 0 0 0 Massimo Tononi Italy 0 0 0 0 Brian J. Toolan 0 0 0 0 John R. Tormondsen 0 0 0 0 Leslie C. Tortora 0 0 0 0 John L. Townsend III 0 0 0 0 Mark J. Tracey UK 0 0 0 0 Stephen S. Trevor 0 0 0 0 Byron D. Trott 0 0 0 0 Michael A. Troy 0 0 0 0 Daniel Truell UK 0 0 0 0 Donald J. Truesdale 0 0 0 0 Robert B. Tudor III 0 0 0 0 Thomas E. Tuft 0 0 0 0 John Tumilty UK 0 0 0 0 Barry S. Turkanis 0 0 0 0 Malcolm B. Turnbull Australia 0 0 0 0 Christopher H. Turner 0 0 0 0 Gareth N. Turner Canada 0 0 0 0 Thomas B. Tyree, Jr. 0 0 0 0 Harkanwar Uberoi India 0 0 0 0 Eiji Ueda Japan 0 0 0 0 Kaysie P. Uniacke 0 0 0 0 Can Uran 0 0 0 0 John E. Urban 0 0 0 0 Lucas van Praag UK 0 0 0 0 Hugo H. Van Vredenburch The Netherlands 0 0 0 0 Frederick G. Van Zijl 0 0 0 0 Lee G. Vance 0 0 0 0 Ashok Varadhan 0 0 0 0 Corrado P. Varoli Canada 0 0 0 0 John J. Vaske 0 0 0 0 David A. Viniar 0 0 0 0 Barry S. Volpert 0 0 0 0 Casper W. Von Koskull Finland 0 0 0 0 David H. Voon 0 0 0 0 Robert T. Wagner 0 0 0 0 John E. Waldron 0 0 0 0 George H. Walker IV 0 10(15) 0 10(15) Thomas B. Walker III 0 0 0 0 Robert P. Wall 0 0 0 0 Steven A. Wallace UK 0 0 0 0 Berent A. Wallendahl Norway 0 0 0 0 Alastair J. Walton UK/Australia 0 0 0 0 David R. Walton UK 0 0 0 0 Hsueh-Ming Wang 0 0 0 0 Patrick J. Ward 0 0 0 0
- ------------------ (15) Shared with family members. 22
ITEM 8 ITEM 9 ITEM 6 ITEM 7 SHARED SOLE ITEM 10 CITIZENSHIP SOLE VOTING VOTING DISPOSITIVE SHARED (UNITED STATES POWER OF POWER OF POWER OF DISPOSITIVE ITEM 1 UNLESS OTHERWISE UNCOVERED UNCOVERED UNCOVERED POWER OF NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES UNCOVERED SHARES - -------------------------- ---------- ------ ------ ------ ---------------- Michael W. Warren UK 0 0 0 0 Haruko Watanuki Japan 0 0 0 0 Jerry T. Wattenberg 0 0 0 0 David M. Weil 0 0 0 0 Theodor Weimer Germany 0 0 0 0 John S. Weinberg 0 0 0 0 Peter A. Weinberg 0 0 0 0 Gregg S. Weinstein 0 0 0 0 Scott R. Weinstein 0 0 0 0 Mark S. Weiss 0 0 0 0 George W. Wellde, Jr. 0 0 0 0 Christopher S. Wendel 0 0 0 0 Martin M. Werner Mexico 0 0 0 0 Richard T. Wertz 0 0 0 0 Lance N. West 0 0 0 0 Matthew Westerman UK 0 0 0 0 Barbara A. White 0 0 0 0 William Wicker 0 0 0 0 A. Carver Wickman 0 0 0 0 C. Howard Wietschner 0 0 0 0 David D. Wildermuth 403 0 403 0 Edward R. Wilkinson 3 0 3 0 Kevin L. Willens 0 0 0 0 Susan A. Willetts 0 0 0 0 Anthony G. Williams UK 0 0 0 0 Christopher G. Williams UK 0 0 0 0 Gary W. Williams 0 0 0 0 Todd A. Williams 90 0 90 0 John S. Willian 0 0 0 0 Kenneth W. Willman 0 0 0 0 Keith R. Wills UK 0 0 0 0 Andrew F. Wilson New Zealand 0 0 0 0 Kendrick R. Wilson III 0 0 0 0 Kurt D. Winkelmann 0 0 0 0 Jon Winkelried 0 0 0 0 Steven J. Wisch 0 0 0 0 Michael S. Wishart 0 0 0 0 Richard E. Witten 0 0 0 0 William H. Wolf, Jr. 0 0 0 0 Melinda B. Wolfe 0 0 0 0 Tracy R. Wolstencroft 0 0 0 0 Jon A. Woodruf 0 0 0 0 Zi Wang Xu Canada/China 0 0 0 0 (PRC) Richard A. Yacenda 0 0 0 0 Tetsufumi Yamakawa Japan 0 0 0 0 Yasuyo Yamazaki Japan 0 0 0 0 Anne Yang 0 0 0 0 Michael Y. Yao 0 0 0 0 Danny O. Yee 0 0 0 0
23
ITEM 8 ITEM 9 ITEM 6 ITEM 7 SHARED SOLE ITEM 10 CITIZENSHIP SOLE VOTING VOTING DISPOSITIVE SHARED (UNITED STATES POWER OF POWER OF POWER OF DISPOSITIVE ITEM 1 UNLESS OTHERWISE UNCOVERED UNCOVERED UNCOVERED POWER OF NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES UNCOVERED SHARES - -------------------------- ---------- ------ ------ ------ ---------------- Jaime E. Yordan 101,179 0 101,179 0 W. Thomas York, Jr. 0 0 0 0 Wassim G. Younan Lebanon 0 0 0 0 Paul M. Young 0 0 0 0 Richard M. Young 0 0 0 0 William J. Young 0 0 0 0 Michael J. Zamkow 0 55(16) 0 55(16) Paolo Zannoni Italy 0 0 0 0 Yoel Zaoui France 0 0 0 0 Gregory Zenna 0 0 0 0 Gregory H. Zehner 0 0 0 0 Jide J. Zeitlin 0 0 0 0 Alphonse Zenna 0 0 0 0 Joan H. Zief 0 0 0 0 Joseph R. Zimmel 0 0 0 0 James P. Ziperski 0 0 0 0 Barry L. Zubrow 0 0 0 0 Mark A. Zurack 0 0 0 0 Shares held by 91 private N/A 0 1,951,439 0 1,951,439 charitable foundations established by 91 Covered Persons each of whom is a co-trustee of one or more of such private charitable foundations(17)
- ------------------------- (16) Shared with family members. (17) Each Covered Person disclaims beneficial ownership of all such shares of Common Stock. 24
ITEM 6 ITEM 8 ITEM 9 ITEM 10 PLACE OF ITEM 7 SHARED SOLE SHARED ORGANIZATION (NEW SOLE VOTING VOTING DISPOSITIVE DISPOSITIVE YORK UNLESS POWER OF POWER OF POWER OF POWER OF ITEM 1 OTHERWISE UNCOVERED UNCOVERED UNCOVERED UNCOVERED NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES SHARES -------------------------- ---------- ------ ------ ------ ------ TRUSTS 120 Broadway Partners(18) New Jersey 0 0 0 0 2000 John A. Thain Grantor Retained Annuity Trust 0 0 0 0 2001 Carlos A. Cordeiro Grantor Retained Annuity Trust 0 0 0 0 2001 Danny O. Yee Grantor Retained Annuity Trust 0 0 0 0 2001 Douglas W. Kimmelman Grantor Retained Annuity Trust 0 0 0 0 2001 Girish V. Reddy Grantor Retained Annuity Trust 0 0 0 0 2001 James M. Sheridan Grantor Retained Annuity Trust 0 0 0 0 2001 John A. Thain Grantor Retained Annuity Trust 0 0 0 0 2001 Mary Ann Casati Grantor Retained Annuity Trust 0 0 0 0 2001 Michael E. Novogratz Grantor Retained Annuity Trust 0 0 0 0 2001 Scott S. Prince Grantor Retained Annuity Trust 0 0 0 0 2002 Avi M. Nash Grantor Retained Annuity Trust 0 0 0 0 2002 Danny O. Yee Grantor Retained Annuity Trust 0 0 0 0 2002 Douglas W. Kimmelman Grantor Retained Annuity Trust 0 0 0 0 2002 James M. Sheridan Grantor Retained Annuity Trust 0 0 0 0 2002 John A. Thain Grantor Retained Annuity Trust 0 0 0 0 2002 Mary Ann Casati Grantor Retained Annuity Trust 0 0 0 0 2002 Scott S. Prince Grantor Retained Annuity Trust 0 0 0 0 A.C. Trust(19) 0 0 0 0 The Abby Joseph Cohen 2000 Family Trust 0 0 0 0 The Abby Joseph Cohen 2001 Annuity Trust I 0 0 0 0
- ------------------------- (18) Created by Peter R. Kellogg. (19) Created by Andrew Cader. 25
ITEM 6 ITEM 8 ITEM 9 ITEM 10 PLACE OF ITEM 7 SHARED SOLE SHARED ORGANIZATION (NEW SOLE VOTING VOTING DISPOSITIVE DISPOSITIVE YORK UNLESS POWER OF POWER OF POWER OF POWER OF ITEM 1 OTHERWISE UNCOVERED UNCOVERED UNCOVERED UNCOVERED NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES SHARES -------------------------- ---------- ------ ------ ------ ------ The Abby Joseph Cohen 2001 Annuity Trust II 0 0 0 0 The Abby Joseph Cohen 2002 Annuity Trust I 0 0 0 0 The Abby Joseph Cohen 2002 Annuity Trust II 0 0 0 0 The Adina R. Lopatin 2000 Trust 0 0 0 0 The Alexander H. Witten 2000 Trust 0 0 0 0 The Alexander I. Berlinski 2000 Trust 0 0 0 0 The Alexander Litzenberger Remainder Trust 0 0 0 0 The Alexandra D. Steel 2000 Trust The Alexis Blood 2000 Trust The Alyssa Blood 2000 Trust 0 0 0 0 The Amanda Liann Mead 2000 Trust 0 0 0 0 Anahue Trust(20) Jersey 0 0 0 0 Andrew L. Fippinger-Millennium Trust 0 0 0 0 The Andrew M. Alper 2001 Annuity Trust I 0 0 0 0 The Andrew M. Alper 2002 Annuity Trust I 0 0 0 0 The Andrew M. Alper 2002 Annuity Trust II 0 0 0 0 The Andrew M. Gordon 2000 Family Trust 0 0 0 0 Ann F. Kaplan Two Year Trust Dated 6/26/2001 0 0 0 0 The Anne R. Witten 2000 Trust 0 0 0 0 The Anne Sullivan Wellde 2000 Trust 0 0 0 0 The Anthony D. Lauto 2000 Family Trust 0 0 0 0 The Anthony D. Lauto 2001 Annuity Trust I 0 0 0 0 The Anthony D. Lauto 2002 Annuity Trust I 0 0 0 0 The Anthony D. Lauto 2002 Annuity Trust II 0 0 0 0 The Arthur J. Reimers, III Defective Trust 2000 Connecticut 0 0 0 0 The Avi M. Nash 2000 Family Trust 0 0 0 0 The Avi M. Nash 2001 Annuity Trust I 0 0 0 0
- ---------------------- (20) Created by Andrew A. Chisholm. 26
ITEM 6 ITEM 8 ITEM 9 ITEM 10 PLACE OF ITEM 7 SHARED SOLE SHARED ORGANIZATION (NEW SOLE VOTING VOTING DISPOSITIVE DISPOSITIVE YORK UNLESS POWER OF POWER OF POWER OF POWER OF ITEM 1 OTHERWISE UNCOVERED UNCOVERED UNCOVERED UNCOVERED NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES SHARES -------------------------- ---------- ------ ------ ------ ------ The Bari Marissa Schwartz 2000 Trust 0 0 0 0 Barry A. Kaplan 2000 Family Trust 0 0 0 0 Barry A. Kaplan 2001 GRAT 0 0 0 0 Barry A. Kaplan 2002 GRAT 0 0 0 0 The Barry L. Zubrow 2000 Family Trust 0 0 0 0 The Barry L. Zubrow 2001 Annuity Trust I 0 0 0 0 The Barry L. Zubrow 2002 Annuity Trust I 0 0 0 0 The Barry L. Zubrow 2002 Annuity Trust II 0 0 0 0 Beller 2002 GRAT 0 0 0 0 The Beller/Moses Trust 0 0 0 0 The Benjamin H. Sherlund 2000 Trust 0 0 0 0 The Benjamin Kraus 2000 Trust 0 0 0 0 The Bradford C. Koenig 2001 Annuity Trust I 0 0 0 0 The Bradford C. Koenig 2001 Family Trust 0 0 0 0 The Bradford C. Koenig 2002 Annuity Trust I 0 0 0 0 The Bradley Abelow Family 2000 Trust 0 0 0 0 The Bradley Craig Spiegel 2000 Trust 0 0 0 0 The Brian Patrick Minehan 2001 Trust 0 0 0 0 The Caceres Novogratz Family Trust 0 0 0 0 The Carlos A. Cordeiro Trust 0 0 0 0 The Charlotte Steel 2000 Trust 0 0 0 0 The Charlotte Textor 2000 Trust 0 0 0 0 The Christopher A. Cole 2000 Family Trust 0 0 0 0 The Christopher A. Cole 2001 Annuity Trust I 0 0 0 0 The Christopher A. Cole 2002 Annuity Trust I 0 0 0 0 The Christopher A. Cole 2002 Annuity Trust II 0 0 0 0 The Christopher K. Norton 2000 Family Trust 0 0 0 0 The Christopher Palmisano Remainder Trust 0 0 0 0 The Christopher Ryan Tortora 2000 Trust 0 0 0 0
27
ITEM 6 ITEM 8 ITEM 9 ITEM 10 PLACE OF ITEM 7 SHARED SOLE SHARED ORGANIZATION (NEW SOLE VOTING VOTING DISPOSITIVE DISPOSITIVE YORK UNLESS POWER OF POWER OF POWER OF POWER OF ITEM 1 OTHERWISE UNCOVERED UNCOVERED UNCOVERED UNCOVERED NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES SHARES -------------------------- ---------- ------ ------ ------ ------ The Cody J Smith 2000 Family Trust 0 0 0 0 The Cody J Smith 2001 Annuity Trust I 0 0 0 0 The Cody J Smith 2002 Annuity Trust I 0 0 0 0 The Cody J Smith 2002 Annuity Trust II 0 0 0 0 The Connie K. Duckworth 2000 Family Trust 0 0 0 0 The Corzine Blind Trust 0 0 0 0 The Daniel Alexander Schwartz 2000 Trust 0 0 0 0 The Daniel M. Neidich 2001 Annuity Trust I 0 0 0 0 The Daniel M. Neidich 2002 Annuity Trust I 0 0 0 0 The Daniel M. Neidich 2002 Annuity Trust II 0 0 0 0 The Daniel W. Stanton 2001 Annuity Trust I 0 0 0 0 The Daniel W. Stanton 2002 Annuity Trust I 0 0 0 0 The Daniel W. Stanton 2002 Annuity Trust II 0 0 0 0 The Daniel W. Stanton II 2000 Trust 0 0 0 0 The Danny O. Yee Trust 0 0 0 0 The David B. Ford 2001 Annuity Trust DTD as of 3/26/2001 Pennsylvania 0 0 0 0 The David B. Ford 2002 Annuity Trust dtd as of 6/26/2002 0 0 0 0 The David B. Heller 2000 Family Trust 0 0 0 0 The David G. Lambert 2000 Family Trust 0 0 0 0 The David G. Lambert 2001 Annuity Trust I 0 0 0 0 The David G. Lambert 2002 Annuity Trust I 0 0 0 0 The David G. Lambert 2002 Annuity Trust II 0 0 0 0 The David L. Henle 2000 Family Trust 0 0 0 0 The David L. Henle 2001 Annuity Trust I 0 0 0 0 The David L. Henle 2002 Annuity Trust I 0 0 0 0 The David L. Henle 2002 Annuity Trust II 0 0 0 0
28
ITEM 6 ITEM 8 ITEM 9 ITEM 10 PLACE OF ITEM 7 SHARED SOLE SHARED ORGANIZATION (NEW SOLE VOTING VOTING DISPOSITIVE DISPOSITIVE YORK UNLESS POWER OF POWER OF POWER OF POWER OF ITEM 1 OTHERWISE UNCOVERED UNCOVERED UNCOVERED UNCOVERED NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES SHARES -------------------------- ---------- ------ ------ ------ ------ The David M. Baum Family 2000 Trust New Jersey 0 0 0 0 The David Viniar 2001 Annuity Trust I 0 0 0 0 The David Viniar 2002 Annuity Trust I 0 0 0 0 The David Viniar 2002 Annuity Trust II 0 0 0 0 The David W. Blood 2001 Annuity Trust I 0 0 0 0 The David W. Blood 2002 Annuity Trust I 0 0 0 0 The David W. Blood 2002 Annuity Trust II 0 0 0 0 The Donald F. Textor 2001 Annuity Trust I 0 0 0 0 The Donald F. Textor 2002 Annuity Trust I 0 0 0 0 The Donald F. Textor 2002 Annuity Trust II 0 0 0 0 The Douglas W. Kimmelman Trust 0 0 0 0 The E. Gerald Corrigan 2001 Annuity Trust I 0 0 0 0 The E. Gerald Corrigan 2002 Annuity Trust I 0 0 0 0 The Eaddy Adele Kiernan 2000 Trust 0 0 0 0 The Edward C. Forst 2000 Family Trust 0 0 0 0 The Edward C. Forst 2001 Annuity Trust I 0 0 0 0 The Edward C. Forst 2002 Annuity Trust I 0 0 0 0 The Edward C. Forst 2002 Annuity Trust II 0 0 0 0 The Edward Scott Mead 2001 Annuity Trust I 0 0 0 0 The Edward Scott Mead 2001 Trust 0 0 0 0 The Edward Scott Mead 2002 Annuity Trust I 0 0 0 0 The Edward Scott Mead 2002 Annuity Trust II 0 0 0 0 The Edward Spiegel 2002 Annuity Trust I 0 0 0 0 Eff Warren Martin 2000 Children's Trust California 0 0 0 0 Eff Warren Martin 2001 Grantor Retained Annuity Trust California 0 0 0 0
29
ITEM 6 ITEM 8 ITEM 9 ITEM 10 PLACE OF ITEM 7 SHARED SOLE SHARED ORGANIZATION (NEW SOLE VOTING VOTING DISPOSITIVE DISPOSITIVE YORK UNLESS POWER OF POWER OF POWER OF POWER OF ITEM 1 OTHERWISE UNCOVERED UNCOVERED UNCOVERED UNCOVERED NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES SHARES -------------------------- ---------- ------ ------ ------ ------ The Elana Brooke Spiegel 2000 Trust 0 0 0 0 The Elizabeth Anne Corrigan 2000 Trust 0 0 0 0 The Elizabeth H. Coulson 2000 Trust 0 0 0 0 The Elizabeth L. Heller 2000 Trust 0 0 0 0 The Elizabeth Lin Mead 2000 Trust 0 0 0 0 The Elizabeth M. Stanton 2000 Trust 0 0 0 0 The Elizabeth Steel 2000 Trust 0 0 0 0 The Ellie Dorit Neustein 2000 Trust 0 0 0 0 The Emily Austen Katz 2000 Trust 0 0 0 0 The Emily Stecher 2000 Trust 0 0 0 0 The Emma M.L. Mead 2000 Trust 0 0 0 0 The Eric Fithian 2000 Trust(21) 0 0 0 0 The Erin Marie Tormondsen 2000 Trust 0 0 0 0 The Esta Eiger Stecher 2001 Annuity Trust I 0 0 0 0 The Esta Eiger Stecher 2002 Annuity Trust I 0 0 0 0 The Esta Eiger Stecher 2002 Annuity Trust II 0 0 0 0 The Evans Trust(22) 0 0 0 0 The Francis J. Ingrassia 2000 Family Trust 0 0 0 0 The Francis J. Ingrassia 2001 Annuity Trust I 0 0 0 0 The Francis J. Ingrassia 2002 Annuity Trust I 0 0 0 0 The Francis J. Ingrassia 2002 Annuity Trust II 0 0 0 0 The Frank L. Coulson III 2000 Trust 0 0 0 0 The Fredric E. Steck 2000 Family Trust 0 0 0 0 The Fredric E. Steck 2001 Annuity Trust I 0 0 0 0 The Fredric E. Steck 2002 Annuity Trust I 0 0 0 0 The Fredric E. Steck 2002 Annuity Trust II 0 0 0 0 Gary D. Cohn 2000 Family Trust 0 0 0 0 The Gary Tolchin 2001 Family Trust New Jersey 0 0 0 0
- --------------------- (21) Created by David A. Viniar. (22) Created by W. Mark Evans. 30
ITEM 6 ITEM 8 ITEM 9 ITEM 10 PLACE OF ITEM 7 SHARED SOLE SHARED ORGANIZATION (NEW SOLE VOTING VOTING DISPOSITIVE DISPOSITIVE YORK UNLESS POWER OF POWER OF POWER OF POWER OF ITEM 1 OTHERWISE UNCOVERED UNCOVERED UNCOVERED UNCOVERED NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES SHARES -------------------------- ---------- ------ ------ ------ ------ The Gary Tolchin 2001 Grantor Retained Annuity Trust New Jersey 0 0 0 0 The Gary Tolchin 2002 Grantor Retained Annuity Trust 0 0 0 0 The Gary W. Williams 2001 Trust 0 0 0 0 The Gene Tiger Sykes 2001 Annuity Trust I 0 0 0 0 The Gene Tiger Sykes 2001 Family Trust 0 0 0 0 The Gene Tiger Sykes 2002 Annuity Trust I 0 0 0 0 The Gene Tiger Sykes 2002 Annuity Trust II 0 0 0 0 The Geoffrey T. Grant 2000 Family Trust 0 0 0 0 The George H. Walker 2000 Family Trust 0 0 0 0 The George H. Walker 2001 Annuity Trust I 0 0 0 0 The George H. Walker 2002 Annuity Trust I 0 0 0 0 The George H. Walker 2002 Annuity Trust II 0 0 0 0 The George W. Wellde, Jr. 2001 Annuity Trust I 0 0 0 0 The George W. Wellde, Jr. 2002 Annuity Trust I 0 0 0 0 The George W. Wellde, Jr. 2002 Annuity Trust II 0 0 0 0 The George William Wellde III 2000 Trust 0 0 0 0 Ghez 2000 GRAT 0 0 0 0 Ghez 2000 Non-GST-Exempt Trust 0 0 0 0 The Girish V. Reddy 2001 Trust 0 0 0 0 The Girish V. Reddy Trust 0 0 0 0 The Goldenberg 2000 Family Trust 0 0 0 0 The Greg M. Ostroff 2000 Family Trust 0 0 0 0 The Greg M. Ostroff 2001 Annuity Trust I 0 0 0 0 The Gregory D. Cohen 2000 Trust 0 0 0 0 The Gregory H. Zehner 2000 Family Trust 0 0 0 0 The Gregory K. Palm 2000 Family Trust 0 0 0 0 The Gregory K. Palm 2001 Annuity Trust I 0 0 0 0 The Gregory K. Palm 2002 Annuity Trust I 0 0 0 0
31
ITEM 6 ITEM 8 ITEM 9 ITEM 10 PLACE OF ITEM 7 SHARED SOLE SHARED ORGANIZATION (NEW SOLE VOTING VOTING DISPOSITIVE DISPOSITIVE YORK UNLESS POWER OF POWER OF POWER OF POWER OF ITEM 1 OTHERWISE UNCOVERED UNCOVERED UNCOVERED UNCOVERED NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES SHARES -------------------------- ---------- ------ ------ ------ ------ The Gregory K. Palm 2002 Annuity Trust II 0 0 0 0 The Guapulo Trust(23) Jersey 0 0 0 0 The Harvey Silverman 2001 Family Trust 0 0 0 0 The Harvey Silverman 2001 Grantor Retained Annuity Trust 0 0 0 0 The Harvey Silverman 2002 Grantor Retained Annuity Trust 0 0 0 0 The Howard A. Silverstein 2000 Family Trust 0 0 0 0 The Howard A. Silverstein 2001 Annuity Trust I 0 0 0 0 The Howard A. Silverstein 2002 Annuity Trust I 0 0 0 0 The Howard A. Silverstein 2002 Annuity Trust II 0 0 0 0 The Howard B. Schiller 2001 Annuity Trust I 0 0 0 0 The Isabelle M.L. Mead 2000 Trust 0 0 0 0 The J. David Rogers 2001 Annuity Trust I 0 0 0 0 The J. David Rogers 2002 Annuity Trust I 0 0 0 0 The J. David Rogers 2002 Annuity Trust II 0 0 0 0 The James Alexander Mead 2000 Trust 0 0 0 0 The James M. Sheridan Shares Trust 0 0 0 0 The James M. Sheridan Trust 0 0 0 0 The James Nicholas Katz 2000 Trust 0 0 0 0 James P. Riley, Jr. 2000 Family Trust 0 0 0 0 James P. Riley, Jr. 2001 GRAT 0 0 0 0 The James P. Riley, Jr. 2002 Family GST Trust 0 0 0 0 The Jason Kraus 2000 Trust UK 0 0 0 0 The Jason William Tortora 2000 Trust 0 0 0 0 The Jeffrey D. Witten 2000 Trust 0 0 0 0 The Jennifer Lauren Alper 2000 Trust 0 0 0 0
- ------------------- (23) Created by Erland S. Karlsson. 32
ITEM 6 ITEM 8 ITEM 9 ITEM 10 PLACE OF ITEM 7 SHARED SOLE SHARED ORGANIZATION (NEW SOLE VOTING VOTING DISPOSITIVE DISPOSITIVE YORK UNLESS POWER OF POWER OF POWER OF POWER OF ITEM 1 OTHERWISE UNCOVERED UNCOVERED UNCOVERED UNCOVERED NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES SHARES -------------------------- ---------- ------ ------ ------ ------ JG 2000 Trust(24) 0 0 0 0 JG 2000 Trust (continuing trust)(24) 0 0 0 0 JG 2001 GRAT(24) 0 0 0 0 JG 2002 GRAT(24) 0 0 0 0 The John A. Thain Trust 0 0 0 0 The John J. Powers 2000 Family Trust 0 0 0 0 The John L. Townsend, III 2001 Annuity Trust I 0 0 0 0 The John O. Downing 2000 Family Trust 0 0 0 0 The John O. Downing 2001 Annuity Trust I 0 0 0 0 The John O. Downing 2002 Annuity Trust I 0 0 0 0 The John O. Downing 2002 Annuity Trust II 0 0 0 0 The John P. Curtin, Jr. 2000 Family Trust 0 0 0 0 The John P. Curtin, Jr. 2001 Annuity Trust I 0 0 0 0 The John R. Tormondsen 2002 Annuity Trust I 0 0 0 0 The John R. Tormondsen 2002 Annuity Trust II 0 0 0 0 The John R. Tormondsen, Jr. 2000 Trust 0 0 0 0 The John S. Weinberg 2000 Family Trust 0 0 0 0 The John S. Weinberg 2001 Annuity Trust I 0 0 0 0 The John S. Weinberg 2002 Annuity Trust I 0 0 0 0 The John S. Weinberg 2002 Annuity Trust II 0 0 0 0 The Jonathan G. Neidich 2000 Trust 0 0 0 0 The Jonathan L. Cohen 2002 Annuity Trust I 0 0 0 0 The Jonathan M. Lopatin 2001 Annuity Trust I 0 0 0 0 The Jonathan M. Lopatin 2002 Annuity Trust I 0 0 0 0 The Jonathan M. Lopatin 2002 Annuity Trust II 0 0 0 0 The Jordan Viniar 2000 Trust 0 0 0 0 The Joseph Della Rosa 2000 Family Trust 0 0 0 0 The Joseph Della Rosa 2001 Annuity Trust I 0 0 0 0
- ------------------- (24) Created by Jacob D. Goldfield. 33
ITEM 6 ITEM 8 ITEM 9 ITEM 10 PLACE OF ITEM 7 SHARED SOLE SHARED ORGANIZATION (NEW SOLE VOTING VOTING DISPOSITIVE DISPOSITIVE YORK UNLESS POWER OF POWER OF POWER OF POWER OF ITEM 1 OTHERWISE UNCOVERED UNCOVERED UNCOVERED UNCOVERED NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES SHARES -------------------------- ---------- ------ ------ ------ ------ The Joseph Della Rosa 2002 Annuity Trust I 0 0 0 0 The Joseph Della Rosa 2002 Annuity Trust II 0 0 0 0 The Joseph H. Gleberman 2000 Family Trust 0 0 0 0 The Joseph H. Gleberman 2001 Annuity Trust I 0 0 0 0 The Joseph H. Gleberman 2002 Annuity Trust I 0 0 0 0 The Karen Barlow Corrigan 2000 Trust 0 0 0 0 The Karen Rebecca Alper 2000 Trust 0 0 0 0 The Karsten Moller & Barbara Kahn-Moller Trust Jersey 0 0 0 0 The Katherine A. M. Stanton 2000 Trust 0 0 0 0 The Katheryn C. Coulson 2000 Trust 0 0 0 0 The Kathryn Margaret Wellde 2000 Trust 0 0 0 0 The Kelsey Fithian 2000 Trust(25) 0 0 0 0 The Kenneth Litzenberger Remainder Trust 0 0 0 0 The Kevin W. Kennedy 2000 Family Trust 0 0 0 0 The Kevin W. Kennedy 2001 Annuity Trust I 0 0 0 0 The Kevin W. Kennedy 2001 Siblings Trust 0 0 0 0 The Kevin W. Kennedy 2002 Annuity Trust I 0 0 0 0 The Kevin W. Kennedy 2002 Annuity Trust II 0 0 0 0 The Kevin W. Kennedy 2002 Annuity Trust III 0 0 0 0 The Kimberly Lynn Macaione 2000 Trust 0 0 0 0 The Kimberly R. Textor 2000 Trust 0 0 0 0 The Kipp M. Nelson Trust 0 0 0 0 The Kuala Trust(26) Jersey 0 0 0 0 The Kyle F. Textor 2000 Trust The Lauren Schiller 2000 Trust 0 0 0 0 The Lawrence R. Buchalter 2000 Family Trust 0 0 0 0
- ---------------------- (25) Created by David A. Viniar. (26) Created by Sylvain M. Hefes. 34
ITEM 6 ITEM 8 ITEM 9 ITEM 10 PLACE OF ITEM 7 SHARED SOLE SHARED ORGANIZATION (NEW SOLE VOTING VOTING DISPOSITIVE DISPOSITIVE YORK UNLESS POWER OF POWER OF POWER OF POWER OF ITEM 1 OTHERWISE UNCOVERED UNCOVERED UNCOVERED UNCOVERED NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES SHARES -------------------------- ---------- ------ ------ ------ ------ The Lawrence R. Buchalter 2001 Annuity Trust I 0 0 0 0 Lawrence R. Buchalter 2002 Annuity Trust I 0 0 0 0 The Lawrence R. Buchalter 2002 Annuity Trust II 0 0 0 0 The Lee G. Vance 2000 Family Trust 0 0 0 0 The Lee G. Vance 2001 Annuity Trust I 0 0 0 0 The Lee G. Vance 2002 Annuity Trust I 0 0 0 0 The Leslie C. Tortora 2001 Annuity Trust I 0 0 0 0 The Leslie C. Tortora 2002 Annuity Trust I 0 0 0 0 The Leslie C. Tortora 2002 Annuity Trust II 0 0 0 0 Lloyd C. Blankfein 2000 Family Trust 0 0 0 0 The Lloyd C. Blankfein 2001 Annuity Trust I 0 0 0 0 The Lloyd C. Blankfein 2002 Annuity Trust I 0 0 0 0 The Louise Rice Townsend 2000 Trust 0 0 0 0 M. Roch Hillenbrand Trust f/b/o C. Justin Hillenbrand New Jersey 0 0 0 0 M. Roch Hillenbrand Trust f/b/o Molly D. Hillenbrand New Jersey 0 0 0 0 The Mallory G. Neidich 2000 Trust 0 0 0 0 The Marc A. Spilker 2000 Family Trust 0 0 0 0 The Mark A. Zurack 2000 Family Trust 0 0 0 0 The Mark A. Zurack 2000 Issue Trust 0 0 0 0 The Mark A. Zurack 2001 Annuity Trust I 0 0 0 0 The Mark A. Zurack 2002 Annuity Trust I 0 0 0 0 The Mark A. Zurack 2002 Annuity Trust II 0 0 0 0 Mark Dehnert Living Trust Illinois 0 0 0 0 The Mark Schwartz 2001 Annuity Trust I 0 0 0 0 The Mark Tercek 2000 Family Trust 0 0 0 0
35
ITEM 6 ITEM 8 ITEM 9 ITEM 10 PLACE OF ITEM 7 SHARED SOLE SHARED ORGANIZATION (NEW SOLE VOTING VOTING DISPOSITIVE DISPOSITIVE YORK UNLESS POWER OF POWER OF POWER OF POWER OF ITEM 1 OTHERWISE UNCOVERED UNCOVERED UNCOVERED UNCOVERED NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES SHARES -------------------------- ---------- ------ ------ ------ ------ The Mark Tercek 2001 Annuity Trust I 0 0 0 0 The Mark Tercek 2002 Annuity Trust I 0 0 0 0 The Mark Tercek 2002 Annuity Trust II 0 0 0 0 Marks 2000 0 0 0 0 Marks 2000 (continuing trust) 0 0 0 0 The Mary Agnes Reilly Kiernan 2000 Trust 0 0 0 0 The Mary Ann Casati Trust 0 0 0 0 The Matthew D. Rogers 2000 Trust 0 0 0 0 The Maya Bettina Linden 2000 Trust 0 0 0 0 Melissa Jane Minehan 2001 Trust(27) 0 0 0 0 The Melissa Jane Minehan 2001 Trust(27) 0 0 0 0 The Merritt Moore Townsend 2000 Trust 0 0 0 0 The Mesdag Family Trust Delaware 0 0 0 0 The Michael A. Price 2000 Family Trust 0 0 0 0 The Michael D. Ryan 2000 Family Trust 0 0 0 0 The Michael D. Ryan 2001 Annuity Trust I 0 0 0 0 The Michael D. Ryan 2002 Annuity Trust II 0 0 0 0 The Michael J. Zamkow 2000 Family Trust 0 0 0 0 The Michael J. Zamkow 2001 Annuity Trust I 0 0 0 0 The Michael J. Zamkow 2001 Trust 0 0 0 0 The Michael J. Zamkow 2002 Annuity Trust I 0 0 0 0 The Michael J. Zamkow 2002 Annuity Trust II 0 0 0 0 The Michael Stecher 2000 Trust 0 0 0 0 The Milton R. Berlinski 2001 Annuity Trust I 0 0 0 0 The Milton R. Berlinski 2002 Annuity Trust I 0 0 0 0 The Milton R. Berlinski 2002 Annuity Trust II 0 0 0 0 The Mossavar-Rahmani 2000 Family Trust 0 0 0 0
- ---------------- (27) Created by E. Gerald Corrigan. 36
ITEM 6 ITEM 8 ITEM 9 ITEM 10 PLACE OF ITEM 7 SHARED SOLE SHARED ORGANIZATION (NEW SOLE VOTING VOTING DISPOSITIVE DISPOSITIVE YORK UNLESS POWER OF POWER OF POWER OF POWER OF ITEM 1 OTHERWISE UNCOVERED UNCOVERED UNCOVERED UNCOVERED NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES SHARES -------------------------- ---------- ------ ------ ------ ------ Murphy 2000(28) 0 0 0 0 Murphy 2000 (continuing trust)(28) 0 0 0 0 Murphy 2001 GRAT(28) 0 0 0 0 Murphy 2002 GRAT 0 0 0 0 The Natalie Cailyn Rogers 2000 Trust 0 0 0 0 The Nicole Schiller 2000 Trust 0 0 0 0 The Patrick J. Ward 2001 Trust 0 0 0 0 The Patrick Scire 2001 Family Trust New Jersey 0 0 0 0 The Patrick Scire 2001 Grantor Retained Annuity Trust New Jersey 0 0 0 0 The Peter C. Gerhard 2000 Family Trust 0 0 0 0 The Peter C. Gerhard 2001 Annuity Trust I 0 0 0 0 The Peter C. Gerhard 2002 Annuity Trust I 0 0 0 0 The Peter C. Gerhard 2002 Annuity Trust II 0 0 0 0 The Peter D. Kiernan, III 2001 Annuity Trust I 0 0 0 0 The Peter D. Kiernan, III 2002 Annuity Trust I 0 0 0 0 The Peter D. Kiernan, III 2002 Annuity Trust II 0 0 0 0 The Peter Kiernan IV 2000 Trust 0 0 0 0 The Peter S. Kraus 2001 Annuity Trust I 0 0 0 0 The Peter S. Kraus 2002 Annuity Trust I 0 0 0 0 The Peter S. Kraus 2002 Annuity Trust II 0 0 0 0 The Philip D. Murphy 2000 Family Trust 0 0 0 0 The Philip D. Murphy 2001 Annuity Trust I 0 0 0 0 The Philip D. Murphy 2002 Annuity Trust I 0 0 0 0 The Philip Darivoff 2001 Annuity Trust I 0 0 0 0 The Philip Darivoff 2002 Annuity Trust I 0 0 0 0 The Philip Darivoff 2002 Annuity Trust II 0 0 0 0 The Philip Darivoff 2002 Family Trust 0 0 0 0
- -------------------------------- (28) Created by Thomas S. Murphy, Jr. 37
ITEM 6 ITEM 8 ITEM 9 ITEM 10 PLACE OF ITEM 7 SHARED SOLE SHARED ORGANIZATION (NEW SOLE VOTING VOTING DISPOSITIVE DISPOSITIVE YORK UNLESS POWER OF POWER OF POWER OF POWER OF ITEM 1 OTHERWISE UNCOVERED UNCOVERED UNCOVERED UNCOVERED NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES SHARES -------------------------- ---------- ------ ------ ------ ------ The Rachel M. Darivoff 2000 Trust 0 0 0 0 The Ralph F. Rosenberg 2000 Family Trust 0 0 0 0 The Ralph F. Rosenberg 2001 Annuity Trust I 0 0 0 0 The Ralph F. Rosenberg 2002 Annuity Trust I 0 0 0 0 The Ralph F. Rosenberg 2002 Annuity Trust II 0 0 0 0 Randal M. Fippinger-Millennium Trust 0 0 0 0 The Randolph L. Cowen 2000 Family Trust 0 0 0 0 Rayas Trust(29) Jersey 0 0 0 0 The Rebecca Viniar 2000 Trust 0 0 0 0 The Richard A. Friedman 2002 Annuity Trust I 0 0 0 0 The Richard A. Friedman 2000 Family Trust 0 0 0 0 The Richard A. Sapp 2000 Family Trust 0 0 0 0 The Richard A. Sapp 2001 Annuity Trust I 0 0 0 0 The Richard A. Sapp 2002 Annuity Trust I 0 0 0 0 The Richard E. Witten 2001 Annuity Trust I 0 0 0 0 The Richard E. Witten 2002 Annuity Trust I 0 0 0 0 The Richard E. Witten 2002 Annuity Trust II 0 0 0 0 The Richard G. Sherlund 2001 Annuity Trust I 0 0 0 0 The Richard G. Sherlund 2002 Annuity Trust I 0 0 0 0 The Richard Hogan 2001 Family Trust 0 0 0 0 The Richard Hogan 2001 Family Trust 0 0 0 0 The Richard Hogan 2001 Grantor Retained Annuity Trust 0 0 0 0 The Richard Hogan 2002 Grantor Retained Annuity Trust 0 0 0 0
- --------------------------------- (29) Created by Emmanuel Roman. 38
ITEM 6 ITEM 8 ITEM 9 ITEM 10 PLACE OF ITEM 7 SHARED SOLE SHARED ORGANIZATION (NEW SOLE VOTING VOTING DISPOSITIVE DISPOSITIVE YORK UNLESS POWER OF POWER OF POWER OF POWER OF ITEM 1 OTHERWISE UNCOVERED UNCOVERED UNCOVERED UNCOVERED NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES SHARES -------------------------- ---------- ------ ------ ------ ------ Robert A. Fippinger, Jr. Millennium Trust 0 0 0 0 The Robert B. Litterman 2000 Family Trust 0 0 0 0 The Robert B. Litterman 2001 Annuity Trust I 0 0 0 0 The Robert B. Litterman 2002 Annuity Trust I 0 0 0 0 The Robert B. Litterman 2002 Annuity Trust II 0 0 0 0 The Robert B. Morris III 2000 Family Trust 0 0 0 0 The Robert B. Morris III 2001 Annuity Trust I 0 0 0 0 The Robert B. Morris III 2002 Annuity Trust I 0 0 0 0 The Robert B. Morris III 2002 Annuity Trust II 0 0 0 0 The Robert J. Hurst 2000 Family Trust 0 0 0 0 The Robert J. Hurst 2001 Annuity Trust I 0 0 0 0 The Robert J. Hurst 2002 Annuity Trust I 0 0 0 0 The Robert J. Hurst 2002 Annuity Trust II 0 0 0 0 The Robert J. Katz 2001 Annuity Trust I 0 0 0 0 The Robert J. Katz 2002 Annuity Trust I 0 0 0 0 The Robert J. Katz 2002 Annuity Trust II 0 0 0 0 The Robert J. O'Shea 2000 Family Trust 0 0 0 0 The Robert J. O'Shea 2001 Annuity Trust I 0 0 0 0 The Robert J. O'Shea 2002 Annuity Trust I 0 0 0 0 The Robert J. O'Shea 2002 Annuity Trust II 0 0 0 0 The Robert J. Pace 2000 Family Trust 0 0 0 0 The Robert J. Pace 2001 Annuity Trust I 0 0 0 0 The Robert J. Pace 2002 Annuity Trust I 0 0 0 0 The Robert K. Steel 2001 Annuity Trust I 0 0 0 0 The Robert K. Steel 2002 Annuity Trust I 0 0 0 0
39
ITEM 6 ITEM 8 ITEM 9 ITEM 10 PLACE OF ITEM 7 SHARED SOLE SHARED ORGANIZATION (NEW SOLE VOTING VOTING DISPOSITIVE DISPOSITIVE YORK UNLESS POWER OF POWER OF POWER OF POWER OF ITEM 1 OTHERWISE UNCOVERED UNCOVERED UNCOVERED UNCOVERED NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES SHARES -------------------------- ---------- ------ ------ ------ ------ The Robert K. Steel 2002 Annuity Trust II 0 0 0 0 The Robert Luckow 2001 Family Trust 0 0 0 0 The Robert Luckow 2002 Grantor Retained Annuity Trust 0 0 0 0 The Robin Neustein 2001 Annuity Trust I 0 0 0 0 Robin Neustein 2002 Annuity Trust 0 0 0 0 The Samantha Schiller 2000 Trust 0 0 0 0 The Sarah B. Lopatin 2000 Trust 0 0 0 0 The Sarah Delacy Kiernan 2000 Trust 0 0 0 0 The Sarah M. Darivoff 2000 Trust 0 0 0 0 The Sarah Rose Berlinski 2000 Trust 0 0 0 0 The Scott B. Kapnick 2000 Family Trust 0 0 0 0 The Scott B. Kapnick 2001 Annuity Trust I 0 0 0 0 The Scott B. Kapnick 2002 Annuity Trust I 0 0 0 0 Scott M. Pinkus 2000 Family Trust New Jersey 0 0 0 0 The Scott S. Prince Trust 0 0 0 0 The Sharmin Mossavar-Rahmani 2001 Annuity Trust I 0 0 0 0 The Sharmin Mossavar-Rahmani 2002 Annuity Trust I 0 0 0 0 The Stephen M. Neidich 2000 Trust 0 0 0 0 The Steven J. Wisch 2001 Annuity Trust I 0 0 0 0 The Steven J. Wisch 2001 Family Trust 0 0 0 0 The Steven J. Wisch 2002 Annuity Trust I 0 0 0 0 The Steven M. Heller, Jr. 2000 Trust 0 0 0 0 The Steven Starker 2001 Family Trust 0 0 0 0 The Steven Starker 2001 Grantor Retained Annuity Trust 0 0 0 0 The Steven Starker 2002 Grantor Retained Annuity Trust 0 0 0 0 The Steven T. Mnuchin 2000 Family Trust 0 0 0 0 The Steven T. Mnuchin 2001 Annuity Trust I 0 0 0 0
40
ITEM 6 ITEM 8 ITEM 9 ITEM 10 PLACE OF ITEM 7 SHARED SOLE SHARED ORGANIZATION (NEW SOLE VOTING VOTING DISPOSITIVE DISPOSITIVE YORK UNLESS POWER OF POWER OF POWER OF POWER OF ITEM 1 OTHERWISE UNCOVERED UNCOVERED UNCOVERED UNCOVERED NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES SHARES -------------------------- ---------- ------ ------ ------ ------ The Steven T. Mnuchin 2002 Annuity Trust I 0 0 0 0 The Stuart Mark Rothenberg 2000 Family Trust 0 0 0 0 The Stuart Mark Rothenberg 2001 Annuity Trust I 0 0 0 0 The Stuart Mark Rothenberg 2002 Annuity Trust I 0 0 0 0 The Stuart Mark Rothenberg 2002 Annuity Trust II 0 0 0 0 The Stuart Sternberg 2001 Family Trust 0 0 0 0 The Stuart Sternberg 2001 Grantor Retained Annuity Trust 0 0 0 0 The Stuart Sternberg 2002 Grantor Retained Annuity Trust 0 0 0 0 The Suzanne E. Cohen 2000 Trust 0 0 0 0 The Terence M. O' Toole 2000 Family Trust 0 0 0 0 The Terence M. O' Toole 2001 Annuity Trust I 0 0 0 0 The Terence M. O' Toole 2002 Annuity Trust I 0 0 0 0 The Tess Augusta Linden 2000 Trust 0 0 0 0 The Thomas J. Healey 2001 Annuity Trust New Jersey 0 0 0 0 The Thomas J. Healey 2002 Annuity Trust 0 0 0 0 The Thomas K. Montag 2000 Family Trust 0 0 0 0 The Thomas K. Montag 2001 Annuity Trust I 0 0 0 0 The Tracy Richard Wolstencroft 2000 Family Trust 0 0 0 0 The Tracy Richard Wolstencroft 2001 Annuity Trust I 0 0 0 0 The Tracy Richard Wolstencroft 2002 Annuity Trust I 0 0 0 0 Trust for the benefit of David Ford, Jr. under Indenture of Trust B of David B. Ford dated 6/16/00 Pennsylvania 0 0 0 0 Trust for the benefit of Jamie Ford under Indenture of Trust B of David B. Ford dated as of 6/16/00 Pennsylvania 0 0 0 0 Trust for the benefit of Megan H. Hagerty u/a DTD 3/26/01(30) New Jersey 0 0 0 0
- ------------------------------ (30) Created by Thomas J. Healey. 41
ITEM 6 ITEM 8 ITEM 9 ITEM 10 PLACE OF ITEM 7 SHARED SOLE SHARED ORGANIZATION (NEW SOLE VOTING VOTING DISPOSITIVE DISPOSITIVE YORK UNLESS POWER OF POWER OF POWER OF POWER OF ITEM 1 OTHERWISE UNCOVERED UNCOVERED UNCOVERED UNCOVERED NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES SHARES -------------------------- ---------- ------ ------ ------ ------ Trust f/b/o Megan H. Hagerty u/a/d June 5, 2002 0 0 0 0 Trust for the benefit of Thomas Jeremiah Healey u/a DTD 3/26/01 New Jersey 0 0 0 0 Trust f/b/o Thomas Jeremiah Healey u/a/d June 5, 2002 0 0 0 0 Trust u/w James Kellogg III New Jersey 0 0 0 0 The Unicorn Trust(31) UK 0 0 0 0 Vyrona Trust(32) Jersey 0 0 0 0 The William C. Sherlund 2000 Trust 0 0 0 0 The William Keith Litzenberger Remainder Trust 0 0 0 0 Zachariah Cobrinik 2001 Annuity Trust I 0 0 0 0 Zachariah Cobrinik 2001 Family Trust 0 0 0 0 The Zachariah Cobrinik Family 2000 Trust 0 0 0 0 Zachariah Cobrinik 2002 Annuity Trust 0 0 0 0 PARTNERSHIPS ALS Investment Partners, L.P.(33) Delaware 0 0 0 0 Beech Associates, L.P.(34) Delaware 0 0 0 0 Bermuda Partners, L.P.(35) Delaware 0 0 0 0 Crestley, L.P.(36) Delaware 0 0 0 0 EPG Associates, L.P.(37) 0 0 0 0 Greenley Partners, L.P.(38) Delaware 0 0 0 0 Harris Capital Partners, Limited Partnership Delaware 0 0 0 0 HEMPA Limited Partnership(39) Delaware 0 0 0 0 JSS Investment Partners, L.P.(40) Delaware 0 0 0 0 The Litzenberger Family Limited Partnership Delaware 0 0 0 0 Mesdag Family Limited Partnership Delaware 0 0 0 0 Mijen Family Partnership(41) Illinois 0 0 0 0
- ---------------------------- (31) Created by Wiet H.M. Pot. (32) Created by Sylvain M. Hefes. (33) Created by Charles B. Seelig, Jr. (34) Created by David B. Ford. (35) Created by Peter R. Kellogg. (36) Created by Thomas J. Healey. (37) Created by Edward S. Gutman. (38) Created by Jaime E. Yordan. (39) Created by Henry M. Paulson, Jr. (40) Created by Jonathan S. Savitz. (41) Created by Peter Layton. 42
ITEM 6 ITEM 8 ITEM 9 ITEM 10 PLACE OF ITEM 7 SHARED SOLE SHARED ORGANIZATION (NEW SOLE VOTING VOTING DISPOSITIVE DISPOSITIVE YORK UNLESS POWER OF POWER OF POWER OF POWER OF ITEM 1 OTHERWISE UNCOVERED UNCOVERED UNCOVERED UNCOVERED NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES SHARES -------------------------- ---------- ------ ------ ------ ------ Opatrny Investment Partners, L.P. Delaware 0 0 0 0 Rantz GS Investment Partners, L.P. Delaware 0 0 0 0 The Rizner Family Limited Partnership Illinois 0 0 0 0 Savitz Investment Partners, L.P. Delaware 0 0 0 0 Silverman Partners, L.P. Delaware 0 0 0 0 Stone Gate GS Partners, L.P.(42) Delaware 0 0 0 0 Trott GS Investment Partners, L.P. Delaware 0 0 0 0 Tuft GS Investment Partners, L.P. Delaware 0 0 0 0 Ward Investment Partners, L.P. Delaware 0 0 0 0 Windy Hill Investment Company II, L.P.(43) Delaware 0 0 0 0 Winkelried Investment Partners, L.P. Delaware 0 0 0 0 LIMITED LIABILITY COMPANIES The Gary Tolchin Family LLC Delaware 0 0 0 0 The James Coufos Family LLC Delaware 0 0 0 0 The Lawrence Cohen Family LLC Delaware 0 0 0 0 The Patrick Scire Family LLC Delaware 0 0 0 0 The Rebecca Amitai Family LLC Delaware 0 0 0 0 The Richard Hogan Family LLC Delaware 0 0 0 0 The Steven Starker Family LLC Delaware 0 0 0 0 The Stuart Sternberg Family LLC Delaware 0 0 0 0 The Thomas Gravina Family LLC Delaware 0 0 0 0 The Todd Christie Family LLC Delaware 0 0 0 0 CORPORATIONS Anahue Limited(44) Jersey 0 0 0 0 Chambolle Limited(45) Jersey 0 0 0 0 Guapulo Holdings Limited(46) Jersey 0 0 0 0 HJS2 Limited(47) Cayman Islands 0 0 0 0 IAT Reinsurance Syndicate Ltd.(48) Bermuda 0 0 0 0 Majix Limited(49) Jersey 0 0 0 0 Melalula Limited(50) Jersey 0 0 0 0 RJG Holding Company(51) Cayman Islands 0 0 0 0
- -------------------------------------------------------------------------------- (42) Created by Connie K. Duckworth. (43) Created by Joseph D. Gutman. (44) Created by Andrew A. Chisholm. (45) Created by Emmanuel Roman. (46) Created by Erland S. Karlsson. (47) Created by Hsueh J. Sung. (48) Created by Peter R. Kellogg. (49) Created by Alok Oberoi. (50) Created by Peter D. Sutherland. (51) Created by Richard J. Gnodde. 43
ITEM 6 ITEM 8 ITEM 9 ITEM 10 PLACE OF ITEM 7 SHARED SOLE SHARED ORGANIZATION (NEW SOLE VOTING VOTING DISPOSITIVE DISPOSITIVE YORK UNLESS POWER OF POWER OF POWER OF POWER OF ITEM 1 OTHERWISE UNCOVERED UNCOVERED UNCOVERED UNCOVERED NAMES OF REPORTING PERSONS INDICATED) SHARES SHARES SHARES SHARES -------------------------- ---------- ------ ------ ------ ------ Robinelli Limited(52) Jersey 0 0 0 0 Vyrona Holdings Limited(53) Jersey 0 0 0 0 Zurrah Limited(54) Jersey 0 0 0 0
- -------------------------- (52) Created by Claudio Costamagna. (53) Created by Sylvain M. Hefes. (54) Created by Yoel Zaoui. 44 This Amendment No. 28 to a Statement on Schedule 13D amends and restates in its entirety such Schedule 13D (as so amended and restated, this "Schedule"). This Amendment No. 28 is being filed primarily because certain Covered Persons (as defined below) have in the aggregate transferred shares of Common Stock (as defined below) in an amount in excess of one percent of the total number of shares of Common Stock outstanding. ITEM 1. SECURITY AND ISSUER This Schedule relates to the Common Stock, par value $.01 per share (the "Common Stock"), of GS Inc., a Delaware corporation. The address of the principal executive offices of GS Inc. is 85 Broad Street, New York, New York 10004. ITEM 2. IDENTITY AND BACKGROUND (a), (b), (c), (f) The cover page to this Schedule and Appendix A hereto contain the names of the persons ("Covered Persons") who beneficially own Common Stock subject to a Shareholders' Agreement ("Covered Shares"), dated as of May 7, 1999, to which the Covered Persons are party (as amended from time to time, the "Shareholders' Agreement"). This filing is being made on behalf of all of the Covered Persons, and their agreement that this filing may be so made is contained in the Shareholders' Agreement. Appendix A hereto also provides the citizenship or place of organization of each Covered Person. Each Covered Person who is an individual (an "Individual Covered Person") is a senior professional employed or formerly employed by GS Inc. or a spouse or former spouse thereof. GS Inc. is a global investment banking and securities firm. Each Covered Person who is not an individual is a trust, limited partnership, limited liability company or corporation created by or for an Individual Covered Person for estate planning purposes. Each Covered Person listed in Appendix A under the caption "Partnerships" is a limited partnership of which an Individual Covered Person is general partner. Each Covered Person listed in Appendix A under the caption "Corporations" (a "Corporate Covered Person") is controlled by an Individual Covered Person (the "Controlling Covered Person"). Each Covered Person listed in Appendix A under the caption "Limited Liability Companies" (a "Limited Liability Covered Person") is a limited liability company of which an Individual Covered Person is a managing member. The name, citizenship, business address and present principal occupation or employment of each of the directors and executive officers of each Corporate Covered Person (other than the Controlling Covered Person) are set forth in Annex A hereto. The business address of each Covered Person for purposes of this Schedule is: (i) in the case of entities organized in Jersey or under the laws of the United Kingdom, 26 New Street, St. Helier, Jersey, JE2 3RA; (ii) in the case of entities organized in the Cayman Islands, P.O. Box 309, Ugland House, South Church Street, George Town, Grand Cayman, Cayman Islands; (iii) in the case of entities organized in Bermuda, Victoria Hall, 11 Victoria Street, Hamilton HM11, Bermuda; and (iv) in the case of all other Covered Persons, 85 Broad Street, New York, New York 10004. (d), (e) Except as described in Annex A or Annex B, during the last five years no Covered Person or, to the best knowledge of the Covered Persons, any executive officer or director of a Covered Person, has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction resulting in such Covered Person being subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION The Covered Shares have been and will be acquired by the Covered Persons in the following manner: (i) the former profit participating limited partners active in the business of The Goldman Sachs Group, L.P. ("Group L.P.") (each such former partner, a "PMD" and, collectively, the "PMDs") acquired certain Covered Shares in exchange for their interests in Group L.P. and certain of its affiliates and investee corporations; (ii) the former owners (the "Hull Covered Persons") of Hull and Associates, L.L.C. ("Hull"), the former members (the "SLK Covered Persons") of SLK LLC, the former members (the "Jacobson Covered Persons") of Benjamin Jacobson & Sons, LLC ("Jacobson") and the former members (the "Walter Frank Covered Persons" and, together with the Hull Covered Persons, the SLK Covered Persons and the Jacobson Covered Persons, the "Acquisition Covered Persons") of Walter N. Frank & Co., LLC ("Walter Frank") acquired certain Covered Shares in exchange for their interests in Hull, SLK LLC, Jacobson or Walter Frank, as applicable; (iii) certain Individual Covered Persons have acquired and will acquire beneficial ownership of certain other Covered Shares in connection with GS Inc.'s initial public offering and/or pursuant to GS Inc.'s employee compensation, benefit or similar plans; (iv) certain Individual Covered Persons (the "Transferee Covered Persons") acquired their Covered Shares from other Individual Covered Persons 45 in accordance with pre-existing contractual arrangements or judicial decrees; and (v) certain Covered Persons (the "Estate Planning Covered Persons") have acquired and will acquire beneficial ownership of their Covered Shares as contributions or gifts made by Individual Covered Persons. Covered Persons may from time to time acquire Common Stock not subject to the Shareholders' Agreement ("Uncovered Shares") for investment purposes. Such Common Stock may be acquired with personal funds of or funds borrowed by such Covered Person. ITEM 4. PURPOSE OF TRANSACTIONS The Individual Covered Persons, other than the Acquisition Covered Persons and the Transferee Covered Persons, acquired certain Covered Shares in connection with the succession of GS Inc. to the business of Group L.P. and GS Inc.'s initial public offering and through certain employee compensation, benefit or similar plans of GS Inc. The Acquisition Covered Persons acquired certain Covered Shares in connection with the acquisition by GS Inc. of Hull, Jacobson or Walter Frank or the combination of GS Inc. with SLK LLC, as applicable, and through certain employee compensation, benefit or similar plans of GS Inc. The Transferee Covered Persons acquired their Covered Shares from other Individual Covered Persons in accordance with pre-existing contractual arrangements or judicial decrees. As a condition to the transfer of the Covered Shares, the Shareholders' Committee required that each Transferee Covered Person agree to become a party to the Shareholders' Agreement and to be bound by the Partner Transfer Restrictions referred to in Item 6 below. The Estate Planning Covered Persons acquired the Covered Shares as contributions or gifts made for estate planning purposes by Individual Covered Persons, and the provisions of the organizational documents of certain Estate Planning Covered Persons provide for the distribution of Common Stock to certain other Covered Persons. As a condition to the contribution or gift of the Covered Shares, the Shareholders' Committee required that each Estate Planning Covered Person agree to become a party to the Shareholders' Agreement and to be bound by the Partner Transfer Restrictions referred to in Item 6 below. The board of directors of GS Inc. and, in the case of the PMDs, the Shareholders' Committee have approved sales by the PMDs and certain Acquisition Covered Persons of a portion of their shares of Common Stock through two programs (the "Channel A Sales Program" and the "Channel B Sales Program"). Sales under the Channel A and Channel B Sales Programs commenced on June 21, 2002 and are expected to terminate on or around July 19, 2002. The participants in the Channel A Sales Program may sell, in a coordinated manner, a portion of their Covered Shares in accordance with the volume and manner of sale limitations of Rule 144 under the Securities Act of 1933, as amended ("Rule 144"), and a volume limitation that will be established by GS Inc. (the "Channel A Sales Limit"). Subject to the volume limitations of Rule 144 and the Channel A Sales Limit, up to 15,211,949 Covered Shares are eligible for sale by Covered Persons under the Channel A Sales Program (of which 2,280,463 Covered Shares have been sold as of June 28, 2002). These consist of those Covered Shares that had been subject to the Partner Transfer Restrictions (as defined below) that lapsed on May 8, 2002, as well as up to 10% of each Covered Person's shares that are subject to the Partner Transfer Restrictions that would otherwise lapse on May 8, 2003 or May 8, 2004 (generally not including shares held through U.S. estate planning vehicles or private charitable foundations). Certain Covered Persons are participating in the Channel A Sales Program pursuant to sales plans designed to comply with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, as described in Annex C. With respect to other participants, the decision as to whether and how many shares to sell will be made by each participant on a daily basis, subject to the foregoing limitations. The participants in the Channel B Sales Program may sell, in a coordinated manner, a portion of their shares of Common Stock in accordance with Rule 144(k) and a volume limitation that will be established by GS Inc. (the "Channel B Sales Limit"). Subject to the Channel B Sales Limit, up to 18,571,862 Covered Shares are eligible for sale by Covered Persons under the Channel B Sales Program (of which 1,575,894 Covered Shares have been sold as of June 28, 2002). These consist of those Covered Shares that had been subject to the Partner Transfer Restrictions that lapsed on May 8, 2002, as well as up to 10% of each Covered Person's shares that are subject to the Partner Transfer Restrictions that would otherwise lapse on May 8, 2003 or May 8, 2004 (generally not including shares held through U.S. estate planning vehicles or private charitable foundations). The decision as to whether and how many shares to sell will be made by each participant on a daily basis, subject to the volume limitation. Covered Persons may from time to time acquire Uncovered Shares for investment purposes. Except as described in Item 6 and except for the acquisition by Covered Persons of Common Stock pursuant to employee compensation, benefit or similar plans of GS Inc. in the future or as described above, none of the Covered Persons 46 has any plans or proposals which relate to or would result in their acquisition of additional Common Stock or any of the other events described in Item 4(a) through 4(j). Each Covered Person is expected to evaluate on an ongoing basis GS Inc.'s financial condition and prospects and his or her interests in and with respect to GS Inc. Accordingly, each Covered Person may change his or her plans and intentions at any time and from time to time. In particular, each Covered Person may at any time and from time to time acquire or dispose of shares of Common Stock. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) Rows (11) and (13) of the cover page to this Schedule, Appendix A and Annex A are hereby incorporated by reference. Each Covered Person hereby disclaims beneficial ownership of any shares of Common Stock held by any other Covered Person. Except as described in Annex D, none of the shares of Common Stock reported in rows (11) and (13) of the cover page to this Schedule and Appendix A are shares as to which there is a right to acquire exercisable within 60 days. (b) Rows (7) through (10) of the cover page to this Schedule, Appendix A and Annex A set forth the percentage range of Covered Shares as to which there is sole power to vote or direct the vote or to dispose or direct the disposition; the number of Uncovered Shares as to which there is sole power to vote or direct the vote or to dispose or direct the disposition; and the number of shares of Common Stock as to which there is shared power to vote or direct the vote or to dispose or direct the disposition. With respect to the Covered Shares subject to the Partner Transfer Restrictions, the power to vote Covered Shares by Covered Persons is shared with each other Covered Person, as described below in response to Item 6. Each Covered Person hereby disclaims beneficial ownership of any shares of Common Stock held by any other Covered Person. (c) Except as described in Annex E or previously reported on Schedule 13D, no Covered Person has effected any transactions in Common Stock in the past 60 days. (d), (e) Not applicable. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER Each Covered Person listed on the cover page to this Schedule and Appendix A hereto is a party to the Shareholders' Agreement. The Shareholders' Agreement, and forms of the Counterparts to the Shareholders' Agreement executed by or on behalf of the Estate Planning Covered Persons, certain Hull Covered Persons and the Transferee Covered Persons, are filed as Exhibits to this Schedule and the following summary of the terms of the Shareholders' Agreement is qualified in its entirety by reference thereto. In the case of each SLK Covered Person, certain of the provisions and restrictions discussed below are set forth in an Amended and Restated Member Agreement, dated as of September 10, 2000, and amended and restated as of October 26, 2000 (an "SLK Member Agreement"), between such SLK Covered Person and GS Inc. In the case of each Jacobson Covered Person, certain of the provisions and restrictions discussed below are set forth in a Member Agreement, dated as of January 26, 2001 (the "Jacobson Member Agreement"), between such Jacobson Covered Person and GS Inc. In the case of each Walter Frank Covered Person, certain of the provisions and restrictions discussed below are set forth in a Member Agreement, dated as of May 16, 2002 (the "Walter Frank Member Agreement" and, together with the SLK Member Agreement and the Jacobson Member Agreement, the "Member Agreements"), between such Walter Frank Covered Person and GS Inc. The forms of the Member Agreements are filed as Exhibits to this Schedule and the following summary is qualified in its entirety by reference thereto. References to the "board of directors" are to the board of directors of The Goldman Sachs Group, Inc. The Covered Shares include generally all Common Stock acquired or to be acquired from GS Inc. by the Covered Persons. Covered Shares include: shares of Common Stock acquired by the PMDs in exchange for their interests in Group L.P. and certain of its affiliates; shares of Common Stock acquired by the Acquisition Covered Persons in exchange for their interests in Hull, SLK LLC, Jacobson or Walter Frank, as applicable; shares of Common Stock acquired or to be acquired through the grant of restricted stock units, stock options and interests in a defined contribution plan (except for certain Uncovered Shares as specified in Appendix A); shares of Common Stock acquired by the Transferee Covered Persons in accordance with pre-existing contractual arrangements or judicial decrees; shares of Common Stock acquired or to be acquired by Estate Planning Covered Persons from Individual Covered Persons for estate planning purposes and shares of Common Stock to be distributed by Estate Planning Covered Persons to Individual Covered Persons or to other Estate Planning Covered Persons; and, unless otherwise determined by the board of directors and the Shareholders' Committee, any shares of Common Stock acquired or to be acquired by the Covered Persons from GS Inc. through any other employee compensation, benefit 47 or similar plan. Covered Shares do not include any shares of Common Stock purchased or to be purchased by a Covered Person in the open market or in a subsequent underwritten public offering. TRANSFER RESTRICTIONS Each Individual Covered Person (other than the Transferee Covered Persons and, with respect to the shares of Common Stock received in exchange for their interests in Hull, the Hull Covered Persons) has agreed in the Shareholders' Agreement, among other things, to retain beneficial ownership of Covered Shares at least equal to 25% of the cumulative number of Covered Shares beneficially owned by him or her at the time he or she became a Covered Person or acquired by him or her thereafter and with no credit for dispositions (the "General Transfer Restrictions") for so long as he or she is a Covered Person and an employee of GS Inc. (an "Employee Covered Person"). The PMDs are also subject to limitations on their ability to transfer some of the Covered Shares received in connection with the succession of GS Inc. to the business of Group L.P. Such restrictions also apply to some of the Covered Shares acquired by the Acquisition Covered Persons in exchange for their interests in Hull, SLK LLC, Jacobson or Walter Frank, as applicable. Under these restrictions (the "Partner Transfer Restrictions" and, together with the General Transfer Restrictions, the "Transfer Restrictions"), each PMD, Hull Covered Person, SLK Covered Person and Jacobson Covered Person agreed not to transfer such Covered Shares until after May 7, 2002, the third anniversary of the date of GS Inc.'s initial public offering of its Common Stock, and each Walter Frank Covered Person agreed not to transfer such Covered Shares until after June 26, 2003, the first anniversary of the closing of the acquisition by GS Inc. of Walter Frank. The Partner Transfer Restrictions lapsed as to 25,325,624 Covered Shares on May 8, 2002, and will lapse as to the remaining Covered Shares beneficially owned by the PMDs, Hull Covered Persons, SLK Covered Persons and Jacobson Covered Persons in equal installments on each of May 8, 2003 and May 8, 2004, and as to the Covered Shares beneficially owned by the Walter Frank Covered Persons in equal installments on each of June 27, 2003, June 27, 2004 and June 27, 2005. The Covered Shares held by each Estate Planning Covered Person and Transferee Covered Person are subject to the same Partner Transfer Restrictions that applied to such Covered Shares prior to such Covered Person's acquisition thereof. The Transfer Restrictions applicable to an Individual Covered Person (and his or her Estate Planning Covered Persons) terminate upon the death of the Individual Covered Person. WAIVERS Except in the case of a third-party tender or exchange offer, the Partner Transfer Restrictions may be waived or terminated at any time by the Shareholders' Committee described below under "Information Regarding the Shareholders' Committee". The Shareholders' Committee also has the power to waive the Transfer Restrictions to permit Covered Persons to: participate as sellers in underwritten public offerings of Common Stock and tender and exchange offers and share repurchase programs by GS Inc.; transfer Covered Shares to charities, including charitable foundations; transfer Covered Shares held in employee benefit plans; and transfer Covered Shares in specific transactions (for example, to immediate family members and trusts) or other circumstances. The Shareholders' Committee permitted the transfers of Covered Shares to the Estate Planning Covered Persons and the Transferee Covered Persons on the condition that each Estate Planning Covered Person and Transferee Covered Person agree to become a party to the Shareholders' Agreement and to be bound by the Partner Transfer Restrictions. On July 31, 2000, the Shareholders' Committee waived the Partner Transfer Restrictions solely to permit certain Covered Persons to pledge a portion of their Covered Shares to obtain approximately $400,000,000 in loan commitments to make investments from time to time in certain merchant banking funds sponsored by GS Inc. The loan commitments are for five years, may be drawn upon from time to time and generally require that any loans be collateralized by shares of Common Stock with a market value four times that of the amount borrowed. Pursuant to Rule 13d-3(d)(3) under the Securities Exchange Act of 1934, as amended, the pledgees did not acquire beneficial ownership of the pledged shares by virtue of the pledge. The Shareholders' Committee and, in the case of the Acquisition Covered Persons, the board of directors waived the Partner Transfer Restrictions to permit the sale of up to an aggregate of 3,684,204 Covered Shares by certain Covered Persons under the Channel A Sales Programs described in Item 4 and up to an aggregate of 9,913,635 Covered Shares by certain Covered Persons under the Channel B Sales Programs described in Item 4. These amounts represent no more than 10% of the Covered Shares held by each participant in the Channel A or Channel B Sales Program that are subject to the Partner Transfer Restrictions that would otherwise lapse on May 8, 48 2003 or May 8, 2004 (generally not including shares held through U.S. estate planning vehicles or private charitable foundations). In the case of a third-party tender or exchange offer, the Transfer Restrictions may be waived or terminated: if the board of directors is recommending acceptance or is not making any recommendation with respect to acceptance of the tender or exchange offer, by a majority of the Voting Interests (as defined below); or if the board of directors is recommending rejection of the tender or exchange offer, by 66 2/3% of the outstanding Voting Interests. In the case of a tender or exchange offer by GS Inc., a majority of the outstanding Voting Interests may also elect to waive or terminate the Transfer Restrictions. VOTING Prior to any vote of the shareholders of GS Inc., the Shareholders' Agreement requires a separate, preliminary vote of the Voting Interests on each matter upon which a vote of the shareholders is proposed to be taken (the "Preliminary Vote"). Each Covered Share held by an Employee Covered Person and each other Covered Share subject to the Partner Transfer Restrictions will be voted in accordance with the majority of the votes cast by the Voting Interests in the Preliminary Vote. In elections of directors, each Covered Share will be voted in favor of the election of those persons receiving the highest numbers of votes cast by the Voting Interests in the Preliminary Vote. "Voting Interests" are Covered Shares beneficially owned by all Employee Covered Persons. OTHER RESTRICTIONS The Shareholders' Agreement also prohibits the Employee Covered Persons from engaging in certain activities relating to any securities of GS Inc. with any person who is not a Covered Person or a director, officer or employee of GS Inc. ("Restricted Persons"). Among other things, an Employee Covered Person may not: participate in a proxy solicitation to or with a Restricted Person; deposit any Covered Shares in a voting trust or subject any Covered Shares to any voting agreement or arrangement that includes any Restricted Person; form, join or in any way participate in a "group" with any Restricted Person; or together with any Restricted Person, propose certain transactions with GS Inc. or seek the removal of any directors of GS Inc. or any change in the composition of the board of directors. TERM, AMENDMENT AND CONTINUATION The Shareholders' Agreement is to continue in effect until the earlier of January 1, 2050 and the time it is terminated by the vote of 66 2/3% of the outstanding Voting Interests. The Partner Transfer Restrictions will not terminate upon the expiration or termination of the Shareholders' Agreement unless previously waived or terminated or unless subsequently waived or terminated by the board of directors. The Shareholders' Agreement may generally be amended at any time by a majority of the outstanding Voting Interests. Unless otherwise terminated, in the event of any transaction in which a third party succeeds to the business of GS Inc. and in which Covered Persons hold securities of the third party, the Shareholders' Agreement will remain in full force and effect as to the securities of the third party, and the third party shall succeed to the rights and obligations of GS Inc. under the Shareholders' Agreement. INFORMATION REGARDING THE SHAREHOLDERS' COMMITTEE The Shareholders' Committee constituted pursuant to the Shareholders' Agreement (the "Shareholders' Committee") shall at any time consist of each of those individuals who are both Employee Covered Persons and members of the board of directors and who agree to serve as members of the Shareholders' Committee. If there are less than three individuals who are both Employee Covered Persons and members of the board of directors and who agree to serve as members of the Shareholders' Committee, the Shareholders' Committee shall consist of each such individual plus such additional individuals who are Employee Covered Persons and who are selected pursuant to procedures established by the Shareholders' Committee as shall assure a Shareholders' Committee of not less than three members who are Employee Covered Persons. Currently, Henry M. Paulson, Jr., Robert J. Hurst, John A. Thain and John L. Thornton are the members of the Shareholders' Committee. PLEDGE AGREEMENTS Each PMD has pledged (the "IPO Pledge") to GS Inc. Common Stock or other assets with an initial value equal to $15 million for each such person who served on the board of directors on May 7, 1999, the Management Committee or the Partnership Committee of GS Inc. and $10 million for each other such person. This pledge secures 49 the liquidated damages provision of a noncompetition agreement which each such person has entered into with GS Inc. The form of agreement relating to noncompetition and other covenants and the form of pledge agreement, as amended, are filed as Exhibits to this Schedule and the foregoing summary of these agreements is qualified in its entirety by reference thereto. In connection with the transfers by persons subject to a noncompetition agreement to Estate Planning Covered Persons who are corporations and certain transfers to Estate Planning Covered Persons who are trusts, the IPO Pledge was replaced with a guarantee and pledge agreement that was entered into by the relevant Estate Planning Covered Person. In addition, each transferring Covered Person in these transfers was required to pledge the capital stock or trust interests, as applicable, of the relevant Estate Planning Covered Person to GS Inc. in order to further secure the transferring Covered Person's obligations under the noncompetition agreement. The forms of the pledge agreements, as amended, are filed as Exhibits to this Schedule and the foregoing summary of these agreements is qualified in its entirety by reference thereto. In connection with GS Inc.'s combination with SLK and acquisitions of Jacobson and Walter Frank, each SLK Covered Person, Jacobson Covered Person and Walter Frank Covered Person who is an individual has pledged to GS Inc. Common Stock or other assets to secure the Covered Person's obligation under his or her Member Agreement to pay liquidated damages upon breach of certain provisions relating to noncompetition and nonsolicitation. The form of each pledge agreement, as amended, is filed as an Exhibit to this Schedule and the foregoing summary of this agreement is qualified in its entirety by reference thereto. In addition to pledges pursuant to the arrangements described in the second paragraph under "Waivers" above, one or more Covered Persons have pledged in the aggregate 1,392,497 Covered Shares to third-party lending institutions as collateral for loans. A portion of these pledged shares may be sold from time to time with the consent of the third-party lending institution. REGISTRATION RIGHTS INSTRUMENT FOR CHARITABLE DONATIONS In connection with the donations of shares of Common Stock by certain Covered Persons to certain charitable organizations on December 13, 1999, December 22, 2000, December 26, 2001 and January 9, 2002, GS Inc. entered into a Registration Rights Instrument and three substantially similar Supplemental Registration Rights Instruments (the "Charitable Supplements"). The following is a description of the Registration Rights Instrument, as supplemented by the Charitable Supplements. The Registration Rights Instrument and the Charitable Supplements are filed as Exhibits to this Schedule, and the following summary of these agreements is qualified in its entirety by reference thereto. Pursuant to the Registration Rights Instrument and the Charitable Supplements, GS Inc. has agreed to register the donated shares of Common Stock for resale by charitable foundations and public charities. GS Inc. has agreed in the Registration Rights Instrument and the Charitable Supplements to pay all of the fees and expenses relating to the offering by the charitable organizations, other than any agency fees and commissions or underwriting commissions or discounts or any transfer taxes incurred by the charitable organizations in connection with their resales. GS Inc. also has agreed to indemnify the charitable organizations against certain liabilities, including those arising under the Securities Act. GS Inc. may amend the Registration Rights Instrument and the Charitable Supplements in any manner that it deems appropriate, without the consent of any charitable organization. However, GS Inc. may not make any amendment that would cause the shares of Common Stock to fail to be "qualified appreciated stock" within the meaning of Section 170 of the Internal Revenue Code. In addition, GS Inc. may not make any amendment that would materially and adversely affect the rights of any charitable organization without the consent of a majority of the materially and adversely affected charitable organizations. REGISTRATION RIGHTS INSTRUMENT FOR EMPLOYEE MANAGING DIRECTORS In connection with the sale by certain Covered Persons (the "Employee Managing Directors") of shares of Common Stock acquired from GS Inc. pursuant to the terms of restricted stock units, GS Inc. entered into a Supplemental Registration Rights Instrument (the "EMD Supplement"), which supplements the Registration Rights Instrument referred to above. The following is a description of the Registration Rights Instrument, as supplemented by the EMD Supplement. The Registration Rights Instrument and the EMD Supplement are filed as Exhibits to this Schedule, and the following summary of these agreements is qualified in its entirety by reference thereto. Pursuant to the Registration Rights Instrument and the EMD Supplement, GS Inc. has agreed to pay all of the fees and expenses relating to the registered offering of shares of Common Stock held by the Employee 50 Managing Directors, other than any agency fees and commissions or underwriting commissions or discounts or any transfer taxes incurred by the Employee Managing Directors in connection with the sales. GS Inc. also has agreed to indemnify the Employee Managing Directors against certain liabilities, including those arising under the Securities Act. 51 ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit Description - ------- ----------- A. Shareholders' Agreement, dated as of May 7, 1999 (incorporated by reference to Exhibit A to the Schedule 13D filed May 17, 1999 (File No. 005-56295) (the "Initial Schedule 13D")). B. Form of Agreement Relating to Noncompetition and Other Covenants (incorporated by reference to Exhibit 10.20 to the registration statement on Form S-1 (File No. 333-74449) filed by The Goldman Sachs Group, Inc.). C. Form of Pledge Agreement (the "IPO Pledge Agreement") (incorporated by reference to Exhibit 10.21 to the registration statement on Form S-1 (File No. 333-74449) filed by The Goldman Sachs Group, Inc.). D. Form of Amendment No. 1 to the IPO Pledge Agreement (filed as Exhibit E), dated July 10, 2000 (incorporated by reference to Exhibit F to Amendment No. 4 to the Initial Schedule 13D, filed July 11, 2000 (File No. 005-56295)). E. Registration Rights Instrument, dated as of December 10, 1999 (incorporated by reference to Exhibit G to Amendment No. 1 to the Initial Schedule 13D, filed December 17, 1999 (File No. 005-56295)). F. Supplemental Registration Rights Instrument, dated as of December 10, 1999 (incorporated by reference to Exhibit H to Amendment No. 1 to the Initial Schedule 13D, filed December 17, 1999 (File No. 005-56295)). G. Form of Counterpart to Shareholders' Agreement for former profit participating limited partners of The Goldman Sachs Group, L.P. (incorporated by reference to Exhibit I to Amendment No. 2 to the Initial Schedule 13D, filed June 21, 2000 (File No. 005-56295)). H. Form of Counterpart to Shareholders' Agreement for former retired limited partners of The Goldman Sachs Group, L.P. who are currently managing directors of The Goldman Sachs Group, Inc. (incorporated by reference to Exhibit J to Amendment No. 2 to the Initial Schedule 13D, filed June 21, 2000 (File No. 005-56295)). I. Form of Counterpart to Shareholders' Agreement for non-individual former owners of Hull and Associates, L.L.C. (incorporated by reference to Exhibit K to Amendment No. 3 to the Initial Schedule 13D, filed June 30, 2000 (File No. 005-56295)). J. Form of Counterpart to Shareholders' Agreement for non-U.S. corporations (incorporated by reference to Exhibit L to Amendment No. 3 to the Initial Schedule 13D, filed June 30, 2000 (File No. 005-56295)). K. Form of Counterpart to Shareholders' Agreement for non-U.S. trusts (incorporated by reference to Exhibit M to Amendment No. 3 to the Initial Schedule 13D, filed June 30, 2000 (File No. 005-56295)). L. Form of Guarantee and Pledge Agreement for non-U.S. corporations (incorporated by reference to Exhibit N to Amendment No. 3 to the Initial Schedule 13D, filed June 30, 2000 (File No. 005-56295)). M. Form of Pledge Agreement for shareholders of non-U.S. corporations (incorporated by reference to Exhibit O to Amendment No. 3 to the Initial Schedule 13D, filed June 30, 2000 (File No. 005-56295)).
52
Exhibit Description - ------- ----------- N. Form of Pledge Agreement for shareholders of non-U.S. corporations (Jersey version) (incorporated by reference to Exhibit P to Amendment No. 3 to the Initial Schedule 13D, filed June 30, 2000 (File No. 005-56295)). O. Form of Counterpart to Shareholders' Agreement for Transferee Covered Persons (incorporated by reference to Exhibit Q to Amendment No. 5 to the Initial Schedule 13D, filed August 2, 2000 (File No. 005-56295)). P. Supplemental Registration Rights Instrument, dated as of June 19, 2000 (incorporated by reference to Exhibit R to Amendment No. 5 to the Initial Schedule 13D, filed August 2, 2000 (File No. 005-56295)). Q. Power of Attorney (incorporated by reference to Exhibit X to Amendment No. 14 to the Initial Schedule 13D, filed March 29, 2001 (File No. 005-56295)). R. Form of Amended and Restated Member Agreement, dated as of September 10, 2000, and amended and restated as of October 26, 2000, between GS Inc. and each SLK Covered Person (incorporated by reference to Exhibit Y to Amendment No. 10 to the Initial Schedule 13D, filed November 3, 2000 (File No. 005-56295)). S. Form of Pledge Agreement, dated as of October 31, 2000, between GS Inc. and each SLK Covered Person (incorporated by reference to Exhibit Z to Amendment No. 10 to the Initial Schedule 13D, filed November 3, 2000 (File No. 005-56295)). T. Supplemental Registration Rights Instrument, dated as of December 21, 2000 (incorporated by reference to Exhibit AA to Amendment No. 12 to the Initial Schedule 13D, filed January 23, 2001 (File No. 005-56295)). U. Form of Member Agreement, dated as of January 26, 2001, between GS Inc. and each Jacobson Covered Person (incorporated by reference to Exhibit BB to Amendment No. 14 to the Initial Schedule 13D, filed March 28, 2001 (File No. 005-56295)). V. Form of Pledge Agreement, dated as of March 19, 2001, between GS Inc. and each Jacobson Covered Person (incorporated by reference to Exhibit CC to Amendment No. 14 to the Initial Schedule 13D, filed March 28, 2001 (File No. 005-56295)). W. Form of Guarantee and Pledge Agreement for trusts (incorporated by reference to Exhibit DD to Amendment No. 19 to the Initial Schedule 13D, filed October 30, 2001 (File No. 005-56295)). X. Form of Pledge Agreement for beneficiaries of trusts (incorporated by reference to Exhibit EE to Amendment No. 19 to the Initial Schedule 13D, filed October 30, 2001 (File No. 005-56295)). Y. Form of Guarantee and Pledge Agreement for non-U.S. trusts holding Common Stock through non-U.S. corporations (incorporated by reference to Exhibit FF to Amendment No. 20 to the Initial Schedule 13D, filed December 21, 2001 (File No. 005-56295)). Z. Form of Pledge Agreement for beneficiaries of non-U.S. trusts holding Common Stock through non-U.S. corporations (incorporated by reference to Exhibit GG to Amendment No. 20 to the Initial Schedule 13D, filed December 21, 2001 (File No. 005-56295)). AA. Supplemental Registration Rights Instrument, dated as of December 21, 2001 (incorporated by reference to Exhibit 4.4 to the registration statement on Form S-3 (File No. 333-74006) filed by The Goldman Sachs Group, Inc.)
53
Exhibit Description - ------- ----------- BB. Form of Power of Attorney executed by Covered Persons participating in the Channel A Sales Program (incorporated by reference to Exhibit BB to Amendment No. 27 to the Initial Schedule 13D, filed June 20, 2002 (File No. 005-56295)). CC. Form of Member Agreement, dated as of May 16, 2002, between GS Inc. and each Walter Frank Covered Person. DD. Form of Pledge Agreement, dated as of June 26, 2002, between GS Inc. and each Walter Frank Covered Person.
54 ANNEX A INFORMATION REQUIRED AS TO EXECUTIVE OFFICERS AND DIRECTORS OF CORPORATE COVERED PERSONS
- -------------------------------------------------------------------------------------------------------------------- CONVICTIONS OR BENEFICIAL VIOLATIONS OF OWNERSHIP OF THE FEDERAL OR STATE COMMON STOCK OF THE LAWS WITHIN THE GOLDMAN SACHS NAME CITIZENSHIP BUSINESS ADDRESS PRESENT EMPLOYMENT LAST FIVE YEARS GROUP, INC. - -------------------------------------------------------------------------------------------------------------------- Steven M. USA 85 Broad Street Managing Director, None Covered Person, so Bunson New York, NY The Goldman Sachs ownership is as set 10004 Group, Inc. forth in or incorporated into Item 5 above. - -------------------------------------------------------------------------------------------------------------------- Russell E. USA 85 Broad Street Managing Director, None Covered Person, so Makowsky New York, NY The Goldman Sachs ownership is as set 10004 Group, Inc. forth in or incorporated into Item 5 above. - -------------------------------------------------------------------------------------------------------------------- Michael H. UK 26 New Street, Partner, None None Richardson St. Helier, Jersey, Bedell Cristin JE4 3RA - -------------------------------------------------------------------------------------------------------------------- John D. Amaral UK Victoria Hall Vice President/ None None 11 Victoria St. Account Manager, Hamilton HM11 J&H Marsh & McLennan Bermuda - -------------------------------------------------------------------------------------------------------------------- Marguerite R. USA 120 Broadway Vice President, None None Gorman New York, NY Spear, Leeds & 10271 Kellogg, L.P. - -------------------------------------------------------------------------------------------------------------------- Richard D. UK 41 Cedar Avenue Partner, Appleby, None None Spurling Hamilton HM12 Spurling & Kempe Bermuda - --------------------------------------------------------------------------------------------------------------------
55 ANNEX B ITEMS 2(D) AND 2(E). INFORMATION REQUIRED AS TO CERTAIN PROCEEDINGS None. 56 ANNEX C ITEM 4. PLANNED DISPOSITION OF SECURITIES OF THE ISSUER BY COVERED PERSONS Pursuant to sales plans intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, each of the Covered Persons listed below may sell up to the number of shares of Common Stock set forth opposite such Covered Person's name under the Channel A Sales Program described in Item 4.
MAXIMUM NUMBER OF SHARES THAT MAY BE NUMBER OF SHARES SOLD AS OF COVERED PERSON SOLD UNDER THE PLAN JUNE 28, 2002 UNDER THE PLAN - ---------------------------------------------------------------------------------------------------------------- Kevin W. Kennedy 100,000 10,000 Peter S. Kraus 50,000 0 Steven T. Mnuchin 145,910 0 Philip D. Murphy 200,000 0 Daniel M. Neidich 119,261 40,000 The Patrick J. Ward 2001 Trust 86,541 60,000
57 ANNEX D ITEM 5(A). DESCRIPTION OF SHARES AS TO WHICH THERE IS A RIGHT TO ACQUIRE EXERCISABLE WITHIN 60 DAYS. An aggregate of 8,041,373 shares of Common Stock are deliverable to Covered Persons upon the exercise of stock options, all of which have vested and are exercisable. Upon delivery, these shares of Common Stock will be Covered Shares. 58 ANNEX E ITEM 5(C). DESCRIPTION OF ALL TRANSACTIONS IN THE COMMON STOCK EFFECTED BY THE COVERED PERSONS IN THE PAST 60 DAYS AND NOT PREVIOUSLY REPORTED ON SCHEDULE 13D On June 21, 2002, 5,358,937 shares of Common Stock were delivered to Covered Persons pursuant to the terms of an equal number of restricted stock units. Upon delivery, these shares of Common Stock became Covered Shares. On June 26, 2002, 103 Individual Covered Persons transferred an aggregate of 6,842,735 Covered Shares to entities created for estate planning purposes (some of which Covered Shares had been distributed to the Individual Covered Persons earlier that month by other Estate Planning Covered Persons). Upon these transfers, certain of the transferor Estate Planning Covered Persons ceased to be, and the transferee entities became, Covered Persons. The following sales of shares of Common Stock were made by the following Covered Person through one or more subsidiaries of GS Inc. for cash on the New York Stock Exchange:
COVERED PERSON TRADE DATE NUMBER OF SHARES PRICE PER SHARE - -------------- ---------- ---------------- --------------- Channel A Sales - --------------- Andrew Cader June 21, 2002 28,817 $71.20 Todd J. Christie June 21, 2002 2,882 $71.20 Stephen J. Dilascio June 21, 2002 9,286 $71.20 Gary F. Goldring June 21, 2002 28,817 $71.20 Thomas J. Gravina June 21, 2002 289 $71.20 Edward S. Gutman June 21, 2002 577 $71.20 Steven M. Heller June 21, 2002 115,269 $71.20 Richard R. Hogan June 21, 2002 5,764 $71.20 Scott B. Kapnick June 21, 2002 2,882 $71.20 William J. Kenney June 21, 2002 16,801 $71.20 Philip J. Kopp III June 21, 2002 5,887 $71.20 Daniel M. Neidich June 21, 2002 8,460 $71.20 Richard C. Salvadore June 21, 2002 2,882 $71.20 Patrick P. Scire June 21, 2002 28,817 $71.20 Steven R. Starker June 21, 2002 5,764 $71.20 Gary S. Tolchin June 21, 2002 14,617 $71.20 Alphonse Zenna June 21, 2002 8,646 $71.20 Andrew Cader June 24, 2002 47,983 $70.50 Todd J. Christie June 24, 2002 3,199 $70.50 Stephen J. Dilascio June 24, 2002 7,338 $70.50 Gary F. Goldring June 24, 2002 31,989 $70.50 Steven M. Heller June 24, 2002 91,081 $70.50 Richard R. Hogan June 24, 2002 6,398 $70.50 Scott B. Kapnick June 24, 2002 3,199 $70.50 William J. Kenney June 24, 2002 13,276 $70.50 Philip J. Kopp III June 24, 2002 4,652 $70.50 Daniel M. Neidich June 24, 2002 6,685 $70.50 Richard C. Salvadore June 24, 2002 6,398 $70.50 Patrick P. Scire June 24, 2002 63,978 $70.50 Steven R. Starker June 24, 2002 12,796 $70.50 Gary S. Tolchin June 24, 2002 11,550 $70.50 Alphonse Zenna June 24, 2002 9,597 $70.50 Andrew Cader June 25, 2002 37,763 $72.78 Todd J. Christie June 25, 2002 12,588 $72.78 Stephen J. Dilascio June 25, 2002 7,855 $72.78 Gary F. Goldring June 25, 2002 50,351 $72.78 Edward S. Gutman June 25, 2002 1,008 $72.78
59
COVERED PERSON TRADE DATE NUMBER OF SHARES PRICE PER SHARE - -------------- ---------- ---------------- --------------- Steven M. Heller June 25, 2002 97,503 $72.78 Richard R. Hogan June 25, 2002 37,763 $72.78 Peter R. Kellogg June 25, 2002 2,518 $72.78 120 Broadway Partners June 25, 2002 2,518 $72.78 Bermuda Partners, L.P. June 25, 2002 1,511 $72.78 IAT Reinsurance Syndicate Ltd June 25, 2002 15,106 $72.78 Trust u/w James Kellogg III June 25, 2002 2,518 $72.78 William J. Kenney June 25, 2002 14,211 $72.78 Philip J. Kopp III June 25, 2002 4,980 $72.78 Daniel M. Neidich June 25, 2002 7,155 $72.78 Richard C. Salvadore June 25, 2002 10,071 $72.78 Patrick P. Scire June 25, 2002 70,621 $72.78 Gary S. Tolchin June 25, 2002 50,351 $72.78 Alphonse Zenna June 25, 2002 15,106 $72.78 Andrew Cader June 26, 2002 50,000 $69.94 Todd J. Christie June 26, 2002 25,000 $69.94 Stephen J. Dilascio June 26, 2002 16,792 $69.94 Gary F. Goldring June 26, 2002 75,000 $69.94 Thomas J. Gravina June 26, 2002 1,500 $69.94 Edward S. Gutman June 26, 2002 2,000 $69.94 Richard R. Hogan June 26, 2002 75,000 $69.94 Peter R. Kellogg June 26, 2002 5,000 $69.94 120 Broadway Partners June 26, 2002 5,000 $69.94 Bermuda Partners, L.P. June 26, 2002 3,000 $69.94 IAT Reinsurance Syndicate Ltd June 26, 2002 15,000 $69.94 Trust u/w James Kellogg III June 26, 2002 5,000 $69.94 Kevin W. Kennedy June 26, 2002 10,000 $69.94 William J. Kenney June 26, 2002 38,795 $69.94 Daniel M. Neidich June 26, 2002 17,700 $69.94 Richard C. Salvadore June 26, 2002 20,000 $69.94 Patrick P. Scire June 26, 2002 69,637 $69.94 Steven R. Starker June 26, 2002 100,000 $69.94 Gary S. Tolchin June 26, 2002 100,000 $69.94 Brian J. Toolan June 26, 2002 15,000 $69.94 The Patrick J. Ward 2001 Trust June 26, 2002 40,000 $69.94 Alphonse Zenna June 26, 2002 20,000 $69.94 Andrew Cader June 27, 2002 30,000 $71.93 Todd J. Christie June 27, 2002 10,000 $71.93 Gary F. Goldring June 27, 2002 75,741 $71.93 Thomas J. Gravina June 27, 2002 1,500 $71.93 Edward S. Gutman June 27, 2002 2,000 $71.93 Richard R. Hogan June 27, 2002 15,000 $71.93 James A. Jacobson June 27, 2002 10,000 $71.93 Peter R. Kellogg June 27, 2002 5,000 $71.93 120 Broadway Partners June 27, 2002 5,000 $71.93 Bermuda Partners, L.P. June 27, 2002 3,000 $71.93 IAT Reinsurance Syndicate Ltd June 27, 2002 5,000 $71.93 Trust u/w James Kellogg III June 27, 2002 5,000 $71.93 Richard C. Salvadore June 27, 2002 20,000 $71.93 Patrick P. Scire June 27, 2002 10,000 $71.93 Steven R. Starker June 27, 2002 50,000 $71.93 Gary S. Tolchin June 27, 2002 50,000 $71.93 The Patrick J. Ward 2001 Trust June 27, 2002 10,000 $71.93
60
COVERED PERSON TRADE DATE NUMBER OF SHARES PRICE PER SHARE - -------------- ---------- ---------------- --------------- Alphonse Zenna June 27, 2002 14,637 $71.93 Andrew Cader June 28, 2002 30,000 $73.76 Todd J. Christie June 28, 2002 10,000 $73.76 Thomas J. Gravina June 28, 2002 1,500 $73.76 Edward S. Gutman June 28, 2002 2,000 $73.76 James A. Jacobson June 28, 2002 15,000 $73.76 Peter R. Kellogg June 28, 2002 5,000 $73.76 120 Broadway Partners June 28, 2002 5,000 $73.76 Bermuda Partners, L.P. June 28, 2002 3,000 $73.76 IAT Reinsurance Syndicate Ltd June 28, 2002 5,000 $73.76 Trust u/w James Kellogg III June 28, 2002 5,000 $73.76 Richard C. Salvadore June 28, 2002 5,500 $73.76 Patrick P. Scire June 28, 2002 9,883 $73.76 Steven R. Starker June 28, 2002 25,000 $73.76 Gary S. Tolchin June 28, 2002 54,205 $73.76 Brian J. Toolan June 28, 2002 15,000 $73.76 The Patrick J. Ward 2001 Trust June 28, 2002 10,000 $73.76 Channel B Sales - --------------- Frank A. Bednarz June 21, 2002 1,411 $71.36 David W. Blood June 21, 2002 100,000 $71.36 Zachariah Cobrinik June 21, 2002 669 $71.36 Paul C. Deighton June 21, 2002 50,000 $71.36 Joseph Della Rosa June 21, 2002 5,000 $71.36 Glenn P. Earle June 21, 2002 1,008 $71.36 Vyrona Holdings Limited June 21, 2002 1,117 $71.36 Francis J. Ingrassia June 21, 2002 630 $71.36 Jonathan L. Kolatch June 21, 2002 1,260 $71.36 David G. Lambert June 21, 2002 2,520 $71.36 Robert Litterman June 21, 2002 3,779 $71.36 Jonathan M. Lopatin June 21, 2002 404 $71.36 Michael R. Lynch June 21, 2002 2,520 $71.36 Eff W. Martin June 21, 2002 2,520 $71.36 John P. McNulty June 21, 2002 2,520 $71.36 Robert B. Morris III June 21, 2002 945 $71.36 Avi M. Nash June 21, 2002 254 $71.36 Kipp M. Nelson June 21, 2002 12,520 $71.36 Michael E. Novogratz June 21, 2002 5,155 $71.36 Timothy J. O'Neill June 21, 2002 20,722 $71.36 Timothy C. Plaut June 21, 2002 11,804 $71.36 The Unicorn Trust June 21, 2002 1,156 $71.36 James P. Riley, Jr. June 21, 2002 24,511 $71.36 Emmanuel Roman June 21, 2002 175 $71.36 Richard A. Sapp June 21, 2002 2,600 $71.36 Peter Savitz June 21, 2002 8,406 $71.36 Charles B. Seelig, Jr. June 21, 2002 2,520 $71.36 The James M Sheridan Shares Trust June 21, 2002 5,000 $71.36 Richard G. Sherlund June 21, 2002 15,198 $71.36
61
COVERED PERSON TRADE DATE NUMBER OF SHARES PRICE PER SHARE - -------------- ---------- ---------------- --------------- Marc A. Spilker June 21, 2002 630 $71.36 Melalula Limited June 21, 2002 1,047 $71.36 John R. Tormondsen June 21, 2002 378 $71.36 Thomas B. Walker III June 21, 2002 20,000 $71.36 Gary W. Williams June 21, 2002 2,142 $71.36 The Gary W Williams 2001 Trust June 21, 2002 378 $71.36 Yasuyo Yamazaki June 21, 2002 6,435 $71.36 Joseph R. Zimmel June 21, 2002 23,492 $71.36 Mark A. Zurack June 21, 2002 756 $71.36 David W. Blood June 24, 2002 77,136 $70.52 Zachariah Cobrinik June 24, 2002 1,405 $70.52 Joseph Della Rosa June 24, 2002 10,000 $70.52 Glenn P. Earle June 24, 2002 3,049 $70.52 Vyrona Holdings Limited June 24, 2002 3,937 $70.52 David Heinz June 24, 2002 6,026 $70.52 Francis J. Ingrassia June 24, 2002 1,271 $70.52 David G. Lambert June 24, 2002 5,081 $70.52 Robert Litterman June 24, 2002 5,081 $70.52 Jonathan M. Lopatin June 24, 2002 864 $70.52 Michael R. Lynch June 24, 2002 5,081 $70.52 Eff W. Martin June 24, 2002 5,081 $70.52 Robert B. Morris III June 24, 2002 1,980 $70.52 Avi M. Nash June 24, 2002 895 $70.52 Kipp M. Nelson June 24, 2002 18,887 $70.52 Michael E. Novogratz June 24, 2002 7,777 $70.52 Timothy J. O'Neill June 24, 2002 31,260 $70.52 Timothy C. Plaut June 24, 2002 17,806 $70.52 The Unicorn Trust June 24, 2002 4,073 $70.52 James P. Riley, Jr. June 24, 2002 36,976 $70.52 Emmanuel Roman June 24, 2002 264 $70.52 Richard A. Sapp June 24, 2002 2,600 $70.52 Peter Savitz June 24, 2002 12,681 $70.52 Charles B. Seelig, Jr. June 24, 2002 5,081 $70.52 The James M Sheridan Shares Trust June 24, 2002 5,000 $70.52 Richard G. Sherlund June 24, 2002 22,926 $70.52 Marc A. Spilker June 24, 2002 1,271 $70.52 Melalula Limited June 24, 2002 3,691 $70.52 John R. Tormondsen June 24, 2002 509 $70.52 Gary W. Williams June 24, 2002 3,231 $70.52 The Gary W Williams 2001 Trust June 24, 2002 571 $70.52 Yasuyo Yamazaki June 24, 2002 9,690 $70.52 Joseph R. Zimmel June 24, 2002 35,440 $70.52 Mark A. Zurack June 24, 2002 1,525 $70.52 Zachariah Cobrinik June 25, 2002 5,000 $72.61 Joseph Della Rosa June 25, 2002 10,000 $72.61 Glenn P. Earle June 25, 2002 6,000 $72.61 Christopher G. French June 25, 2002 14,285 $72.61 Vyrona Holdings Limited June 25, 2002 8,244 $72.61 David G. Lambert June 25, 2002 2,399 $72.61 Robert Litterman June 25, 2002 10,000 $72.61
62
COVERED PERSON TRADE DATE NUMBER OF SHARES PRICE PER SHARE - -------------- ---------- ---------------- --------------- Jonathan M. Lopatin June 25, 2002 1,800 $72.61 Michael R. Lynch June 25, 2002 2,399 $72.61 Ronald G. Marks June 25, 2002 25,000 $72.61 Eff W. Martin June 25, 2002 10,000 $72.61 Robert B. Morris III June 25, 2002 4,003 $72.61 Sharmin Mossavar-Rahmani June 25, 2002 2,000 $72.61 Avi M. Nash June 25, 2002 1,872 $72.61 Kipp M. Nelson June 25, 2002 18,289 $72.61 Timothy J. O'Neill June 25, 2002 30,271 $72.61 Timothy C. Plaut June 25, 2002 17,240 $72.61 The Unicorn Trust June 25, 2002 8,530 $72.61 James P. Riley, Jr. June 25, 2002 35,806 $72.61 The Rizner Family Limited June 25, 2002 2,000 $72.61 Partnership Emmanuel Roman June 25, 2002 254 $72.61 Richard M. Ruzika June 25, 2002 2,000 $72.61 Richard A. Sapp June 25, 2002 2,600 $72.61 Joseph Sassoon June 25, 2002 2,000 $72.61 Peter Savitz June 25, 2002 12,279 $72.61 Charles B. Seelig, Jr. June 25, 2002 20,000 $72.61 The James M Sheridan Shares Trust June 25, 2002 5,000 $72.61 Richard G. Sherlund June 25, 2002 22,201 $72.61 Jonathan S. Sobel June 25, 2002 20,717 $72.61 Marc A. Spilker June 25, 2002 2,500 $72.61 Cathrine Stickney Steck June 25, 2002 5,000 $72.61 Melalula Limited June 25, 2002 7,729 $72.61 Gary W. Williams June 25, 2002 23,127 $72.61 The Gary W Williams 2001 Trust June 25, 2002 551 $72.61 Yasuyo Yamazaki June 25, 2002 9,383 $72.61 Joseph R. Zimmel June 25, 2002 34,318 $72.61 Mark A. Zurack June 25, 2002 3,000 $72.61 Zachariah Cobrinik June 26, 2002 2,710 $70.10 Joseph Della Rosa June 26, 2002 20,000 $70.10 Vyrona Holdings Limited June 26, 2002 4,432 $70.10 Francis J. Ingrassia June 26, 2002 3,000 $70.10 Robert J. Katz June 26, 2002 2,500 $70.10 David G. Lambert June 26, 2002 5,000 $70.10 Robert Litterman June 26, 2002 10,000 $70.10 Jonathan M. Lopatin June 26, 2002 1,800 $70.10 Eff W. Martin June 26, 2002 5,000 $70.10 Robert B. Morris III June 26, 2002 4,003 $70.10 Avi M. Nash June 26, 2002 1,007 $70.10 Michael E. Novogratz June 26, 2002 3,765 $70.10 The Unicorn Trust June 26, 2002 4,586 $70.10 The Rizner Family Limited June 26, 2002 2,000 $70.10 Partnership Richard M. Ruzika June 26, 2002 2,000 $70.10 Richard A. Sapp June 26, 2002 2,600 $70.10 Charles B. Seelig, Jr. June 26, 2002 5,000 $70.10 The James M Sheridan Shares Trust June 26, 2002 5,000 $70.10
63
COVERED PERSON TRADE DATE NUMBER OF SHARES PRICE PER SHARE - -------------- ---------- ---------------- --------------- Dinakar Singh June 26, 2002 21,082 $70.10 Christian J. Siva-Jothy June 26, 2002 5,000 $70.10 Marc A. Spilker June 26, 2002 2,500 $70.10 Daniel W. Stanton June 26, 2002 5,000 $70.10 Cathrine Stickney Steck June 26, 2002 2,500 $70.10 Melalula Limited June 26, 2002 4,156 $70.10 John R. Tormondsen June 26, 2002 1,500 $70.10 Mark A. Zurack June 26, 2002 2,100 $70.10 Zachariah Cobrinik June 27, 2002 2,710 $72.08 Joseph Della Rosa June 27, 2002 20,000 $72.08 Vyrona Holdings Limited June 27, 2002 4,433 $72.08 Robert J. Katz June 27, 2002 2,500 $72.08 David G. Lambert June 27, 2002 3,000 $72.08 Robert Litterman June 27, 2002 12,645 $72.08 Jonathan M. Lopatin June 27, 2002 1,800 $72.08 Michael R. Lynch June 27, 2002 10,000 $72.08 Ronald G. Marks June 27, 2002 5,000 $72.08 Eff W. Martin June 27, 2002 5,000 $72.08 Robert B. Morris III June 27, 2002 4,003 $72.08 Avi M. Nash June 27, 2002 1,007 $72.08 Michael E. Novogratz June 27, 2002 3,765 $72.08 The Unicorn Trust June 27, 2002 4,586 $72.08 Richard M. Ruzika June 27, 2002 2,000 $72.08 Richard A. Sapp June 27, 2002 2,600 $72.08 Charles B. Seelig, Jr. June 27, 2002 5,000 $72.08 The James M Sheridan Shares Trust June 27, 2002 5,000 $72.08 Marc A. Spilker June 27, 2002 1,500 $72.08 Daniel W. Stanton June 27, 2002 5,000 $72.08 Cathrine Stickney Steck June 27, 2002 2,500 $72.08 Melalula Limited June 27, 2002 4,156 $72.08 Mark A. Zurack June 27, 2002 2,100 $72.08 Christopher J. Carrera June 28, 2002 5,000 $73.69 Mary Ann Casati June 28, 2002 1,000 $73.69 Zachariah Cobrinik June 28, 2002 2,710 $73.69 Joseph Della Rosa June 28, 2002 17,800 $73.69 John O. Downing June 28, 2002 10,000 $73.69 Peter C. Gerhard June 28, 2002 5,000 $73.69 Vyrona Holdings Limited June 28, 2002 4,433 $73.69 Timothy J. Ingrassia June 28, 2002 15,000 $73.69 Robert J. Katz June 28, 2002 2,500 $73.69 David G. Lambert June 28, 2002 1,000 $73.69 Ronald G. Marks June 28, 2002 5,000 $73.69 Eff W. Martin June 28, 2002 5,000 $73.69 Robert B. Morris III June 28, 2002 4,003 $73.69 Avi M. Nash June 28, 2002 1,007 $73.69 The Unicorn Trust June 28, 2002 4,586 $73.69 The Rizner Family Limited June 28, 2002 2,000 $73.69 Partnership Richard M. Ruzika June 28, 2002 2,000 $73.69 Richard A. Sapp June 28, 2002 2,600 $73.69
64
COVERED PERSON TRADE DATE NUMBER OF SHARES PRICE PER SHARE - -------------- ---------- ---------------- --------------- Charles B. Seelig, Jr. June 28, 2002 5,000 $73.69 The James M Sheridan Shares Trust June 28, 2002 5,000 $73.69 Daniel W. Stanton June 28, 2002 5,000 $73.69 Cathrine Stickney Steck June 28, 2002 2,500 $73.69 Melalula Limited June 28, 2002 4,156 $73.69 John R. Tormondsen June 28, 2002 5,000 $73.69 John E. Urban June 28, 2002 6,000 $73.69 Thomas B. Walker III June 28, 2002 124,428 $73.69 George W. Wellde, Jr. June 28, 2002 10,000 $73.69 Mark A. Zurack June 28, 2002 2,100 $73.69 Other Sales - ----------- Charles T. Harris III June 25, 2002 97,503 $72.40
The following sales of Covered Shares were made by the following Covered Persons through Mellon Investor Services LLC for cash on the New York Stock Exchange:
COVERED PERSON TRADE DATE NUMBER OF SHARES PRICE PER SHARE - -------------- ---------- ---------------- --------------- Agus, Raanan A. June 21, 2002 1,426 $71.01 Aliredha, Yusuf A. June 21, 2002 260 $71.01 Aliredha, Yusuf A. June 21, 2002 759 $71.01 Aliredha, Yusuf A. June 21, 2002 623 $71.01 Aliredha, Yusuf A. June 21, 2002 29 $71.01 Aliredha, Yusuf A. June 21, 2002 473 $71.01 Aliredha, Yusuf A. June 21, 2002 116 $71.01 Altuzarra, Philippe J. June 21, 2002 5,644 $71.01 Atkinson, David M. June 21, 2002 1,313 $71.01 Atkinson, David M. June 21, 2002 2,127 $71.01 Bakker, Michiel J. June 21, 2002 510 $71.01 Bakker, Michiel J. June 21, 2002 510 $71.01 Bakker, Michiel J. June 21, 2002 489 $71.01 Bakker, Michiel J. June 21, 2002 1,963 $71.01 Barakat, John S. June 21, 2002 594 $71.01 Beinner, Jonathan A. June 21, 2002 1,426 $71.01 Bender, Jordan M. June 21, 2002 62 $71.01 Bender, Jordan M. June 21, 2002 204 $71.01 Boles, David R. June 21, 2002 426 $71.01 Boles, David R. June 21, 2002 426 $71.01 Boles, David R. June 21, 2002 2,118 $71.01 Bunson, Steven M. June 21, 2002 256 $71.01 Bunson, Steven M. June 21, 2002 256 $71.01 Bunson, Steven M. June 21, 2002 1,623 $71.01 Bunson, Steven M. June 21, 2002 631 $71.01 Bunting, Timothy B. June 21, 2002 7,530 $71.01 Butcher III, George H. June 21, 2002 1,950 $71.01 Campbell, Laurie G. June 21, 2002 570 $71.01 Campbell, Laurie G. June 21, 2002 702 $71.01 Campbell, Laurie G. June 21, 2002 68 $71.01 Carter, Virginia E. June 21, 2002 815 $71.01 Chasen, Amy L. June 21, 2002 806 $71.01 Chasen, Amy L. June 21, 2002 549 $71.01 Coutts, Eric J. June 21, 2002 609 $71.01 Coutts, Eric J. June 21, 2002 546 $71.01 DiSabato, Joseph P. June 21, 2002 271 $71.01 DiSabato, Joseph P. June 21, 2002 647 $71.01 Donovan, James H. June 21, 2002 1,798 $71.01 Donovan, James H. June 21, 2002 1,532 $71.01 Dudley, William C. June 21, 2002 2,444 $71.01 Duffy, Brian J. June 21, 2002 2,378 $71.01 Duncan, Matthieu B. June 21, 2002 576 $71.01 Duncan, Matthieu B. June 21, 2002 3,395 $71.01 Duncan, Matthieu B. June 21, 2002 82 $71.01 Duncan, Matthieu B. June 21, 2002 129 $71.01 Ehlers, Herbert E. June 21, 2002 5,617 $71.01 Ehrlich, Alexander S. June 21, 2002 1,630 $71.01 Ehrlich, Alexander S. June 21, 2002 408 $71.01 Eisler, Edward K. June 21, 2002 1,063 $71.01 Eisler, Edward K. June 21, 2002 4,077 $71.01
65
COVERED PERSON TRADE DATE NUMBER OF SHARES PRICE PER SHARE - -------------- ---------- ---------------- --------------- Eve, Charles P. June 21, 2002 463 $71.01 Eve, Charles P. June 21, 2002 463 $71.01 Eve, Charles P. June 21, 2002 1,110 $71.01 Frisch, Matthias K. June 21, 2002 49 $71.01 Fuge, C. Douglas June 21, 2002 4,073 $71.01 Gheewalla, Robert R. June 21, 2002 326 $71.01 Gheewalla, Robert R. June 21, 2002 1,182 $71.01 Golob, James S. June 21, 2002 4,082 $71.01 Harper, Roger C. June 21, 2002 1,134 $71.01 Harper, Roger C. June 21, 2002 1,560 $71.01 Hodgson, Timothy E. June 21, 2002 883 $71.01 Hodgson, Timothy E. June 21, 2002 3,184 $71.01 Hollmann, Peter June 21, 2002 204 $71.01 Horine, Jay D. June 21, 2002 231 $71.01 Horine, Jay D. June 21, 2002 2,014 $71.01 Hormats, Robert D. June 21, 2002 668 $71.01 Hormats, Robert D. June 21, 2002 691 $71.01 Hughes, Terry P. June 21, 2002 2,037 $71.01 Jourdren, Marc H. June 21, 2002 97 $71.01 Jourdren, Marc H. June 21, 2002 389 $71.01 Jourdren, Marc H. June 21, 2002 245 $71.01 Jourdren, Marc H. June 21, 2002 102 $71.01 Jourdren, Marc H. June 21, 2002 408 $71.01 Jourdren, Marc H. June 21, 2002 471 $71.01 Kaplan, Jason S. June 21, 2002 4,299 $71.01 Khandalavala, Rustom N. June 21, 2002 507 $71.01 Khandalavala, Rustom N. June 21, 2002 507 $71.01 Kingston, Timothy M. June 21, 2002 1,629 $71.01 Kirk, Ewan M. June 21, 2002 694 $71.01 Kirk, Ewan M. June 21, 2002 3,885 $71.01 Klebes II, Daniel H. June 21, 2002 387 $71.01 Klebes II, Daniel H. June 21, 2002 387 $71.01 Klebes II, Daniel H. June 21, 2002 825 $71.01 Klebes II, Daniel H. June 21, 2002 1,773 $71.01 Law, Andrew E. June 21, 2002 2,188 $71.01 Leadem, Susan R. June 21, 2002 1,229 $71.01 Leadem, Susan R. June 21, 2002 815 $71.01 Lee, Donald C. June 21, 2002 2,037 $71.01 Loudiadis, Antigone June 21, 2002 6,278 $71.01 Loudiadis, Antigone June 21, 2002 2,647 $71.01 Lundeen, Kevin L. June 21, 2002 495 $71.01 MacDonald, Peter B. June 21, 2002 148 $71.01 MacDonald, Peter B. June 21, 2002 292 $71.01 MacDonald, Peter B. June 21, 2002 257 $71.01 Makowsky, Russell E. June 21, 2002 1,139 $71.01 Makowsky, Russell E. June 21, 2002 427 $71.01 Makowsky, Russell E. June 21, 2002 25 $71.01 Makowsky, Russell E. June 21, 2002 41 $71.01 Mancini, Robert S. June 21, 2002 201 $71.01 Mancini, Robert S. June 21, 2002 201 $71.01
COVERED PERSON TRADE DATE NUMBER OF SHARES PRICE PER SHARE - -------------- ---------- ---------------- --------------- Mancini, Robert S. June 21, 2002 497 $71.01 Martin, Jacques June 21, 2002 123 $71.01 Mather, Blake W. June 21, 2002 755 $71.01 McGrath Jr, Joseph P. June 21, 2002 1,211 $71.01 McGrath Jr, Joseph P. June 21, 2002 1,509 $71.01 McIntire, John C. June 21, 2002 402 $71.01 McIntire, John C. June 21, 2002 402 $71.01 McIntire, John C. June 21, 2002 2,879 $71.01 McIntire, John C. June 21, 2002 1,056 $71.01 Meissner, Christian A. June 21, 2002 773 $71.01 Meissner, Christian A. June 21, 2002 171 $71.01 Meissner, Christian A. June 21, 2002 682 $71.01 Meissner, Christian A. June 21, 2002 2,480 $71.01 Miele, Michael R. June 21, 2002 2,444 $71.01 Miele, Michael R. June 21, 2002 408 $71.01 Miller, Kenneth A. June 21, 2002 6,600 $71.01 Misrahi, Edward S. June 21, 2002 4,073 $71.01 Naughton, Kevin D. June 21, 2002 104 $71.01 Naughton, Kevin D. June 21, 2002 495 $71.01 Naughton, Kevin D. June 21, 2002 436 $71.01 Parker, Geoffrey M. June 21, 2002 674 $71.01 Parker, Geoffrey M. June 21, 2002 1,787 $71.01 Ransom, Charlotte P. June 21, 2002 942 $71.01 Ransom, Charlotte P. June 21, 2002 942 $71.01 Ransom, Charlotte P. June 21, 2002 2,240 $71.01 Ransom, Charlotte P. June 21, 2002 942 $71.01 Ross, Ivan June 21, 2002 408 $71.01 Rustum, John P. June 21, 2002 546 $71.01 Rustum, John P. June 21, 2002 432 $71.01 Ryan, David M. June 21, 2002 289 $71.01 Ryan, David M. June 21, 2002 983 $71.01 Salame, Pablo J. June 21, 2002 5,409 $71.01 Salame, Pablo J. June 21, 2002 927 $71.01 Sato, Atsuko June 21, 2002 254 $71.01 Sato, Atsuko June 21, 2002 772 $71.01 Scherzer, Mitchell I. June 21, 2002 16 $71.01 Scherzer, Mitchell I. June 21, 2002 841 $71.01 Scherzer, Mitchell I. June 21, 2002 2,352 $71.01 Schwartz, Thomas M. June 21, 2002 3,055 $71.01 Schwartz, Thomas M. June 21, 2002 1,019 $71.01 Shea Jr., Robert J. June 21, 2002 944 $71.01 Shea Jr., Robert J. June 21, 2002 1,094 $71.01 Simon, Richard P. June 21, 2002 2,444 $71.01 Singh, Ravi M. June 21, 2002 1,040 $71.01 Singh, Ravi M. June 21, 2002 1,762 $71.01 Slotnick, Linda J. June 21, 2002 408 $71.01 Sparks, Daniel L. June 21, 2002 815 $71.01 Stuart, Andrew J. June 21, 2002 805 $71.01 Stuart, Andrew J. June 21, 2002 1,608 $71.01 Stuart, Andrew J. June 21, 2002 768 $71.01
COVERED PERSON TRADE DATE NUMBER OF SHARES PRICE PER SHARE - -------------- ---------- ---------------- --------------- Sulzberger, Johannes R. June 21, 2002 130 $71.01 Sulzberger, Johannes R. June 21, 2002 119 $71.01 Tomozawa, Peter K. June 21, 2002 476 $71.01 Tomozawa, Peter K. June 21, 2002 747 $71.01 Trevor, Stephen S. June 21, 2002 2,334 $71.01 Trevor, Stephen S. June 21, 2002 734 $71.01 Turkanis, Barry S. June 21, 2002 234 $71.01 Vaske, John J. June 21, 2002 926 $71.01 Vaske, John J. June 21, 2002 1,112 $71.01 Weil, David M. June 21, 2002 439 $71.01 Weil, David M. June 21, 2002 439 $71.01 Weinstein, Scott R. June 21, 2002 164 $71.01 Weinstein, Scott R. June 21, 2002 254 $71.01 Wickman, A Carver June 21, 2002 408 $71.01 Wickman, A Carver June 21, 2002 600 $71.01 Wishart, Michael S. June 21, 2002 7,031 $71.01 York Jr, W. Thomas. June 21, 2002 1,222 $71.01 Young, Paul M. June 21, 2002 250 $71.01 Young, Paul M. June 21, 2002 250 $71.01 Young, Paul M. June 21, 2002 950 $71.01 Young, Paul M. June 21, 2002 616 $71.01 Agus, Raanan A. June 24, 2002 7,000 $70.53 Bakker, Michiel J. June 24, 2002 3,172 $70.53 Beinner, Jonathan A. June 24, 2002 4,000 $70.53 Bender, Jordan M. June 24, 2002 500 $70.53 Boles, David R. June 24, 2002 619 $70.53 Boles, David R. June 24, 2002 619 $70.53 Boles, David R. June 24, 2002 3,082 $70.53 Bott, Charles W.A. June 24, 2002 1,016 $70.53 Bott, Charles W.A. June 24, 2002 1,810 $70.53 Bunson, Steven M. June 24, 2002 372 $70.53 Bunson, Steven M. June 24, 2002 372 $70.53 Bunson, Steven M. June 24, 2002 2,362 $70.53 Bunson, Steven M. June 24, 2002 917 $70.53 Bunting, Timothy B. June 24, 2002 10,960 $70.53 Butcher III, George H. June 24, 2002 805 $70.53 Coutts, Eric J. June 24, 2002 886 $70.53 Coutts, Eric J. June 24, 2002 792 $70.53 De Lathauwer, Michael G. June 24, 2002 1,516 $70.53 De Lathauwer, Michael G. June 24, 2002 3,030 $70.53 Duffy, Brian J. June 24, 2002 1,118 $70.53 Duncan, Matthieu B. June 24, 2002 837 $70.53 Duncan, Matthieu B. June 24, 2002 1,172 $70.53 Duncan, Matthieu B. June 24, 2002 117 $70.53 Duncan, Matthieu B. June 24, 2002 93 $70.53 Ehlers, Herbert E. June 24, 2002 8,175 $70.53 Eve, Charles P. June 24, 2002 673 $70.53 Eve, Charles P. June 24, 2002 672 $70.53 Eve, Charles P. June 24, 2002 3,000 $70.53 Eve, Charles P. June 24, 2002 1,455 $70.53
COVERED PERSON TRADE DATE NUMBER OF SHARES PRICE PER SHARE - -------------- ---------- ---------------- --------------- Frisch, Matthias K. June 24, 2002 180 $70.53 Gavaudan, Emmanuel June 24, 2002 2,816 $70.53 Gavaudan, Emmanuel June 24, 2002 9,266 $70.53 Gavaudan, Emmanuel June 24, 2002 3,629 $70.53 Gavaudan, Emmanuel June 24, 2002 3,835 $70.53 Gheewalla, Robert R. June 24, 2002 1,500 $70.53 Golob, James S. June 24, 2002 5,940 $70.53 Grigg, Christopher M. June 24, 2002 7,323 $70.53 Gunewardena, Arun M. June 24, 2002 139 $70.53 Gunewardena, Arun M. June 24, 2002 256 $70.53 Harper, Roger C. June 24, 2002 1,650 $70.53 Harper, Roger C. June 24, 2002 2,269 $70.53 Hodgson, Timothy E. June 24, 2002 1,284 $70.53 Hodgson, Timothy E. June 24, 2002 4,633 $70.53 Hormats, Robert D. June 24, 2002 642 $70.53 Huchro, Paul J. June 24, 2002 1,321 $70.53 Huchro, Paul J. June 24, 2002 2,382 $70.53 Hughes, Terry P. June 24, 2002 3,000 $70.53 Jourdren, Marc H. June 24, 2002 141 $70.53 Jourdren, Marc H. June 24, 2002 564 $70.53 Jourdren, Marc H. June 24, 2002 356 $70.53 Jourdren, Marc H. June 24, 2002 148 $70.53 Jourdren, Marc H. June 24, 2002 592 $70.53 Jourdren, Marc H. June 24, 2002 685 $70.53 Katz, Richard June 24, 2002 947 $70.53 Katz, Richard June 24, 2002 946 $70.53 Katz, Richard June 24, 2002 2,334 $70.53 Katz, Richard June 24, 2002 2,783 $70.53 Kirk, Ewan M. June 24, 2002 1,008 $70.53 Kirk, Ewan M. June 24, 2002 5,654 $70.53 Klebes II, Daniel H. June 24, 2002 175 $70.53 Klebes II, Daniel H. June 24, 2002 174 $70.53 Klebes II, Daniel H. June 24, 2002 374 $70.53 Klebes II, Daniel H. June 24, 2002 4,177 $70.53 Lauto, John J. June 24, 2002 1,000 $70.53 Law, Andrew E. June 24, 2002 3,185 $70.53 Leadem, Susan R. June 24, 2002 2,000 $70.53 Levin, Ronald S. June 24, 2002 1,423 $70.53 MacDonald, Peter B. June 24, 2002 214 $70.53 MacDonald, Peter B. June 24, 2002 423 $70.53 MacDonald, Peter B. June 24, 2002 2,161 $70.53 MacDonald, Peter B. June 24, 2002 87 $70.53 Marson, Allan S. June 24, 2002 1,964 $70.53 Martin, Jacques June 24, 2002 500 $70.53 Mather, Blake W. June 24, 2002 869 $70.53 Mather, Blake W. June 24, 2002 500 $70.53 Meissner, Christian A. June 24, 2002 123 $70.53 Meissner, Christian A. June 24, 2002 247 $70.53 Meissner, Christian A. June 24, 2002 991 $70.53 Meissner, Christian A. June 24, 2002 1,577 $70.53
COVERED PERSON TRADE DATE NUMBER OF SHARES PRICE PER SHARE - -------------- ---------- ---------------- --------------- Miller, Kenneth A. June 24, 2002 9,606 $70.53 Miller, Therese L. June 24, 2002 1,292 $70.53 Miller, Therese L. June 24, 2002 1,708 $70.53 Misrahi, Edward S. June 24, 2002 10,000 $70.53 Naughton, Kevin D. June 24, 2002 151 $70.53 Naughton, Kevin D. June 24, 2002 718 $70.53 Naughton, Kevin D. June 24, 2002 634 $70.53 Niedermayer, Theodore E June 24, 2002 2,000 $70.53 Ponti, Andrea June 24, 2002 6,228 $70.53 Ponti, Andrea June 24, 2002 6,816 $70.53 Raleigh, Jonathan C. June 24, 2002 4,602 $70.53 Riggs III, Thomas S. June 24, 2002 1,034 $70.53 Riggs III, Thomas S. June 24, 2002 132 $70.53 Rosengarten, Jacob D. June 24, 2002 4,220 $70.53 Rosenstein, Richard J. June 24, 2002 1,500 $70.53 Rustum, John P. June 24, 2002 794 $70.53 Rustum, John P. June 24, 2002 627 $70.53 Ryan, David M. June 24, 2002 1,956 $70.53 Ryan, David M. June 24, 2002 1,429 $70.53 Salame, Pablo J. June 24, 2002 9,220 $70.53 Schwartz, Thomas M. June 24, 2002 5,000 $70.53 Schwartz, Thomas M. June 24, 2002 1,500 $70.53 Shell, David G. June 24, 2002 657 $70.53 Shell, David G. June 24, 2002 901 $70.53 Slotnick, Linda J. June 24, 2002 2,006 $70.53 Stuart, Andrew J. June 24, 2002 5,000 $70.53 Stuart, Andrew J. June 24, 2002 1,169 $70.53 Trevor, Stephen S. June 24, 2002 3,562 $70.53 Trevor, Stephen S. June 24, 2002 900 $70.53 Vaske, John J. June 24, 2002 2,296 $70.53 Vaske, John J. June 24, 2002 1,616 $70.53 Weinstein, Scott R. June 24, 2002 238 $70.53 Weinstein, Scott R. June 24, 2002 368 $70.53 Weinstein, Scott R. June 24, 2002 200 $70.53 Wietschner, C. Howard June 24, 2002 300 $70.53 Wietschner, C. Howard June 24, 2002 600 $70.53 Aliredha, Yusuf A. June 25, 2002 377 $72.58 Aliredha, Yusuf A. June 25, 2002 2,009 $72.58 Aliredha, Yusuf A. June 25, 2002 42 $72.58 Aliredha, Yusuf A. June 25, 2002 855 $72.58 Backer, Dean C. June 25, 2002 500 $72.58 Backer, Dean C. June 25, 2002 500 $72.58 Bamford, Mark E. June 25, 2002 3,857 $72.58 Bamford, Mark E. June 25, 2002 2,328 $72.58 Borthwick, Alastair M. June 25, 2002 2,132 $72.58 Campbell, Laurie G. June 25, 2002 827 $72.58 Campbell, Laurie G. June 25, 2002 1,019 $72.58 Campbell, Laurie G. June 25, 2002 101 $72.58 Carter, Virginia E. June 25, 2002 2,000 $72.58 Cochrane, Michael D. June 25, 2002 1,717 $72.58
COVERED PERSON TRADE DATE NUMBER OF SHARES PRICE PER SHARE - -------------- ---------- ---------------- --------------- Cochrane, Michael D. June 25, 2002 1,569 $72.58 Collins, Robert G. June 25, 2002 2,751 $72.58 De Lathauwer, Michael G June 25, 2002 9,210 $72.58 Devenport, Andrew C. June 25, 2002 705 $72.58 Devenport, Andrew C. June 25, 2002 2,211 $72.58 Dias, Stephen D. June 25, 2002 3,980 $72.58 Dias, Stephen D. June 25, 2002 1,275 $72.58 DiSabato, Joseph P. June 25, 2002 392 $72.58 DiSabato, Joseph P. June 25, 2002 940 $72.58 Eisler, Edward K. June 25, 2002 7,479 $72.58 Goodwin, Larry J. June 25, 2002 465 $72.58 Goodwin, Larry J. June 25, 2002 75 $72.58 Hayen, Isabelle June 25, 2002 6,335 $72.58 Jick, Daniel J. June 25, 2002 1,054 $72.58 Jick, Daniel J. June 25, 2002 1,054 $72.58 Jick, Daniel J. June 25, 2002 2,830 $72.58 Jolliffe, Robert H. June 25, 2002 1,141 $72.58 Jolliffe, Robert H. June 25, 2002 3,127 $72.58 Jones, Robert C. June 25, 2002 1,876 $72.58 Jones, Robert C. June 25, 2002 1,876 $72.58 Jones, Robert C. June 25, 2002 4,926 $72.58 Kaplan, Jason S. June 25, 2002 6,258 $72.58 Kaugher, David K. June 25, 2002 500 $72.58 Kingston, Timothy M. June 25, 2002 1,500 $72.58 Lee, Donald C. June 25, 2002 3,438 $72.58 Mahoney, John A. June 25, 2002 9,000 $72.58 Malas, Keith A. June 25, 2002 329 $72.58 Malas, Keith A. June 25, 2002 347 $72.58 Malas, Keith A. June 25, 2002 255 $72.58 Malas, Keith A. June 25, 2002 147 $72.58 Martin, Jacques. June 25, 2002 200 $72.58 McAdam, Thomas J. June 25, 2002 1,918 $72.58 McAdam, Thomas J. June 25, 2002 1,100 $72.58 McGrath Jr, Joseph P. June 25, 2002 1,565 $72.58 McIntire, John C. June 25, 2002 585 $72.58 McIntire, John C. June 25, 2002 585 $72.58 McIntire, John C. June 25, 2002 4,188 $72.58 McIntire, John C. June 25, 2002 1,536 $72.58 Murley, Richard A. June 25, 2002 4,500 $72.58 Parker, Geoffrey M. June 25, 2002 980 $72.58 Parker, Geoffrey M. June 25, 2002 2,600 $72.58 Parnell, Archie W. June 25, 2002 317 $72.58 Pasternak, Michael L. June 25, 2002 4,798 $72.58 Phillips, Paul A. June 25, 2002 250 $72.58 Resnick, Jeffrey A. June 25, 2002 1,000 $72.58 Richman, Michael J. June 25, 2002 1,102 $72.58 Richman, Michael J. June 25, 2002 322 $72.58 Ross, Ivan. June 25, 2002 1,000 $72.58 Schechner, P. Sheridan June 25, 2002 4,206 $72.58 Scherzer, Mitchell I. June 25, 2002 713 $72.58
COVERED PERSON TRADE DATE NUMBER OF SHARES PRICE PER SHARE - -------------- ---------- ---------------- --------------- Scudellari, David J. June 25, 2002 3,555 $72.58 Smith, Derek S. June 25, 2002 1,107 $72.58 Smith, Derek S. June 25, 2002 1,107 $72.58 Smith, Derek S. June 25, 2002 5,556 $72.58 Smith, Derek S. June 25, 2002 2,728 $72.58 Sparks, Daniel L. June 25, 2002 1,000 $72.58 Tebbe, Greg W. June 25, 2002 1,059 $72.58 Tebbe, Greg W. June 25, 2002 3,941 $72.58 Tomozawa, Peter K. June 25, 2002 1,000 $72.58 Varoli, Corrado P. June 25, 2002 8,000 $72.58 Weil, David M. June 25, 2002 637 $72.58 Weil, David M. June 25, 2002 637 $72.58 Wickman, A Carver June 25, 2002 1,063 $72.58 Wickman, A Carver June 25, 2002 329 $72.58 Wildermuth, David D. June 25, 2002 140 $72.58 Bott, Charles W.A.. June 26, 2002 2,000 $69.97 Chasen, Amy L. June 26, 2002 1,171 $69.97 Chasen, Amy L. June 26, 2002 799 $69.97 Clark, Geoffrey G. June 26, 2002 5,165 $69.97 Donovan, James H. June 26, 2002 2,616 $69.97 Donovan, James H. June 26, 2002 2,228 $69.97 Ehrlich, Alexander S. June 26, 2002 4,000 $69.97 Gheewalla, Robert R. June 26, 2002 1,100 $69.97 Greig, Louis S. June 26, 2002 854 $69.97 Greig, Louis S. June 26, 2002 854 $69.97 Greig, Louis S. June 26, 2002 1,570 $69.97 Guth, Celeste A. June 26, 2002 725 $69.97 Heidt, Douglas C. June 26, 2002 1,332 $69.97 Heidt, Douglas C. June 26, 2002 805 $69.97 Heidt, Douglas C. June 26, 2002 2,125 $69.97 Jacob III, William L. June 26, 2002 3,500 $69.97 Jessop, Andrew R. June 26, 2002 1,200 $69.97 Lemkau, Gregg R. June 26, 2002 3,000 $69.97 Lepic, Hughes B. June 26, 2002 1,132 $69.97 Lepic, Hughes B. June 26, 2002 2,228 $69.97 Lepic, Hughes B. June 26, 2002 1,357 $69.97 Lepic, Hughes B. June 26, 2002 1,079 $69.97 Lepic, Hughes B. June 26, 2002 2,157 $69.97 Lepic, Hughes B. June 26, 2002 6,047 $69.97 Lichtenauer, Stephen C. June 26, 2002 1,533 $69.97 Mahoney, John A. June 26, 2002 9,314 $69.97 Manby, Charles G.R. June 26, 2002 3,278 $69.97 Manby, Charles G.R. June 26, 2002 3,933 $69.97 Mancini, Robert S. June 26, 2002 292 $69.97 Mancini, Robert S. June 26, 2002 292 $69.97 Mancini, Robert S. June 26, 2002 721 $69.97 Martin, Jacques June 26, 2002 300 $69.97 McCabe, John J. June 26, 2002 703 $69.97 Negus, Warwick M. June 26, 2002 604 $69.97 Negus, Warwick M. June 26, 2002 396 $69.97
COVERED PERSON TRADE DATE NUMBER OF SHARES PRICE PER SHARE - -------------- ---------- ---------------- --------------- Perlin, David E. June 26, 2002 1,000 $69.97 Perlin, David E. June 26, 2002 1,000 $69.97 Perlin, David E. June 26, 2002 2,000 $69.97 Perlin, David E. June 26, 2002 1,850 $69.97 Ravitch, Joseph June 26, 2002 1,000 $69.97 Sanders, J. Michael June 26, 2002 1,500 $69.97 Sato, Atsuko June 26, 2002 652 $69.97 Sawtell, James E. June 26, 2002 3,006 $69.97 Sommer, Judah C. June 26, 2002 1,400 $69.97 Strongin, Steven H. June 26, 2002 9,000 $69.97 Strongin, Steven H. June 26, 2002 700 $69.97 Tyree Jr., Thomas B. June 26, 2002 1,061 $69.97 Tyree Jr., Thomas B. June 26, 2002 2,741 $69.97 Tyree Jr., Thomas B. June 26, 2002 2,614 $69.97 Tyree Jr., Thomas B. June 26, 2002 3,011 $69.97 Uberoi, Hank June 26, 2002 1,463 $69.97 Uberoi, Hank June 26, 2002 4,625 $69.97 Uberoi, Hank June 26, 2002 5,000 $69.97 Uberoi, Hank June 26, 2002 5,000 $69.97 Wickman, A Carver June 26, 2002 8,615 $69.97 Young, Paul M. June 26, 2002 363 $69.97 Young, Paul M. June 26, 2002 363 $69.97 Young, Paul M. June 26, 2002 1,381 $69.97 Young, Paul M. June 26, 2002 895 $69.97 Beinner, Jonathan A. June 27, 2002 991 $71.91 Beinner, Jonathan A. June 27, 2002 2,038 $71.91 Bram, Benjamin S. June 27, 2002 2,000 $71.91 Bram, Benjamin S. June 27, 2002 1,000 $71.91 Campbell, John D. June 27, 2002 2,229 $71.91 Campbell, John D. June 27, 2002 1,700 $71.91 Docharty, Michele I. June 27, 2002 1,472 $71.91 Enzer, Earl S. June 27, 2002 2,346 $71.91 Enzer, Earl S. June 27, 2002 1,500 $71.91 Hay, Stephen J. June 27, 2002 7,199 $71.91 Kingston, Timothy M. June 27, 2002 1,500 $71.91 Lauto, John J. June 27, 2002 395 $71.91 Lauto, John J. June 27, 2002 605 $71.91 Martin, Jacques June 27, 2002 200 $71.91 Porges, Ellen R. June 27, 2002 1,500 $71.91 Scherr, Stephen M. June 27, 2002 4,561 $71.91 Schroeder, Jeffrey W. June 27, 2002 1,514 $71.91 Schroeder, Jeffrey W. June 27, 2002 2,000 $71.91 Schwartz, Harvey M. June 27, 2002 239 $71.91 Schwartz, Harvey M. June 27, 2002 2,361 $71.91 Schwartz, Harvey M. June 27, 2002 3,413 $71.91 Silva, Ralph J. June 27, 2002 700 $71.91 Singh, Ravi M. June 27, 2002 1,512 $71.91 Toki, Daisuke June 27, 2002 300 $71.91 Turkanis, Barry S. June 27, 2002 1,388 $71.91 Turkanis, Barry S. June 27, 2002 1,388 $71.91
COVERED PERSON TRADE DATE NUMBER OF SHARES PRICE PER SHARE - -------------- ---------- ---------------- --------------- Turkanis, Barry S. June 27, 2002 1,047 $71.91 Turkanis, Barry S. June 27, 2002 3,494 $71.91 Agran, Gregory A. June 28, 2002 5,000 $73.71 Altuzarra, Philippe J. June 28, 2002 8,214 $73.71 Barakat, John S. June 28, 2002 1,458 $73.71 Barakat, John S. June 28, 2002 864 $73.71 Barakat, John S. June 28, 2002 3,594 $73.71 Bertuzzi, John D. June 28, 2002 1,000 $73.71 Boles, David R. June 28, 2002 5,655 $73.71 Carhart, Mark M. June 28, 2002 3,205 $73.71 Cooper, Philip A. June 28, 2002 8,250 $73.71 Curtis, John W. June 28, 2002 1,000 $73.71 Curtis, John W. June 28, 2002 823 $73.71 Darnall, Matthew S. June 28, 2002 335 $73.71 Darnall, Matthew S. June 28, 2002 1,165 $73.71 DiSabato, Joseph P. June 28, 2002 1,100 $73.71 Fremont-Smith, Matthew T June 28, 2002 5,000 $73.71 Frisch, Matthias K. June 28, 2002 131 $73.71 Horine, Jay D. June 28, 2002 336 $73.71 Horine, Jay D. June 28, 2002 1,164 $73.71 Lane, Thomas K. June 28, 2002 1,897 $73.71 Lane, Thomas K. June 28, 2002 5,680 $73.71 Lauto, John J. June 28, 2002 1,000 $73.71 Liddell, Roger A. June 28, 2002 1,500 $73.71 Limaye, Ryan D. June 28, 2002 1,390 $73.71 Martin, Jacques June 28, 2002 200 $73.71 O'Hagan, L. Peter June 28, 2002 1,500 $73.71 Rosenstein, Richard J. June 28, 2002 2,000 $73.71 Ross, Ivan June 28, 2002 125 $73.71 Ross, Ivan June 28, 2002 875 $73.71 Sarnak, Neil I. June 28, 2002 200 $73.71 Schechner, P. Sheridan June 28, 2002 5,000 $73.71 Simon, Richard P. June 28, 2002 1,682 $73.71 Simon, Richard P. June 28, 2002 182 $73.71 Simon, Richard P. June 28, 2002 1,711 $73.71 Slotnick, Linda J. June 28, 2002 2,952 $73.71 Smith, Michael M. June 28, 2002 2,773 $73.71 Smith, Michael M. June 28, 2002 9,700 $73.71 Van Zijl, Frederick G. June 28, 2002 1,889 $73.71 Van Zijl, Frederick G. June 28, 2002 713 $73.71 Weil, David M. June 28, 2002 1,000 $73.71 Weinstein, Gregg S. June 28, 2002 640 $73.71 Weinstein, Gregg S. June 28, 2002 938 $73.71 Weinstein, Gregg S. June 28, 2002 1,889 $73.71 Williams, Christopher G. June 28, 2002 330 $73.71 Williams, Christopher G. June 28, 2002 5,000 $73.71 Wolf Jr, William H. June 28, 2002 700 $73.71 Woodruff, Jon A. June 28, 2002 1,000 $73.71
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: July 5, 2002 By: /s/ James B. McHugh ------------------------- Name: James B. McHugh Title: Attorney-in-Fact 66 EXHIBIT INDEX
Exhibit Description ------- ----------- A. Shareholders' Agreement, dated as of May 7, 1999 (incorporated by reference to Exhibit A to the Schedule 13D filed May 17, 1999 (File No. 005-56295) (the "Initial Schedule 13D")). B. Form of Agreement Relating to Noncompetition and Other Covenants (incorporated by reference to Exhibit 10.20 to the registration statement on Form S-1 (File No. 333-74449) filed by The Goldman Sachs Group, Inc.). C. Form of Pledge Agreement (the "IPO Pledge Agreement") (incorporated by reference to Exhibit 10.21 to the registration statement on Form S-1 (File No. 333-74449) filed by The Goldman Sachs Group, Inc.). D. Form of Amendment No. 1 to the IPO Pledge Agreement (filed as Exhibit E), dated July 10, 2000 (incorporated by reference to Exhibit F to Amendment No. 4 to the Initial Schedule 13D, filed July 11, 2000 (File No. 005-56295)). E. Registration Rights Instrument, dated as of December 10, 1999 (incorporated by reference to Exhibit G to Amendment No. 1 to the Initial Schedule 13D, filed December 17, 1999 (File No. 005-56295)). F. Supplemental Registration Rights Instrument, dated as of December 10, 1999 (incorporated by reference to Exhibit H to Amendment No. 1 to the Initial Schedule 13D, filed December 17, 1999 (File No. 005-56295)). G. Form of Counterpart to Shareholders' Agreement for former profit participating limited partners of The Goldman Sachs Group, L.P. (incorporated by reference to Exhibit I to Amendment No. 2 to the Initial Schedule 13D, filed June 21, 2000 (File No. 005-56295)). H. Form of Counterpart to Shareholders' Agreement for former retired limited partners of The Goldman Sachs Group, L.P. who are currently managing directors of The Goldman Sachs Group, Inc. (incorporated by reference to Exhibit J to Amendment No. 2 to the Initial Schedule 13D, filed June 21, 2000 (File No. 005-56295)). I. Form of Counterpart to Shareholders' Agreement for non-individual former owners of Hull and Associates, L.L.C. (incorporated by reference to Exhibit K to Amendment No. 3 to the Initial Schedule 13D, filed June 30, 2000 (File No. 005-56295)). J. Form of Counterpart to Shareholders' Agreement for non-U.S. corporations (incorporated by reference to Exhibit L to Amendment No. 3 to the Initial Schedule 13D, filed June 30, 2000 (File No. 005-56295)). K. Form of Counterpart to Shareholders' Agreement for non-U.S. trusts (incorporated by reference to Exhibit M to Amendment No. 3 to the Initial Schedule 13D, filed June 30, 2000 (File No. 005-56295)). L. Form of Guarantee and Pledge Agreement for non-U.S. corporations (incorporated by reference to Exhibit N to Amendment No. 3 to the Initial Schedule 13D, filed June 30, 2000 (File No. 005-56295)). M. Form of Pledge Agreement for shareholders of non-U.S. corporations (incorporated by reference to Exhibit O to Amendment No. 3 to the Initial Schedule 13D, filed June 30, 2000 (File No. 005-56295)).
67
Exhibit Description ------- ----------- N. Form of Pledge Agreement for shareholders of non-U.S. corporations (Jersey version) (incorporated by reference to Exhibit P to Amendment No. 3 to the Initial Schedule 13D, filed June 30, 2000 (File No. 005-56295)). O. Form of Counterpart to Shareholders' Agreement for Transferee Covered Persons (incorporated by reference to Exhibit Q to Amendment No. 5 to the Initial Schedule 13D, filed August 2, 2000 (File No. 005-56295)). P. Supplemental Registration Rights Instrument, dated as of June 19, 2000 (incorporated by reference to Exhibit R to Amendment No. 5 to the Initial Schedule 13D, filed August 2, 2000 (File No. 005-56295)). Q. Power of Attorney (incorporated by reference to Exhibit X to Amendment No. 14 to the Initial Schedule 13D, filed March 29, 2001 (File No. 005-56295)). R. Form of Amended and Restated Member Agreement, dated as of September 10, 2000, and amended and restated as of October 26, 2000, between GS Inc. and each SLK Covered Person (incorporated by reference to Exhibit Y to Amendment No. 10 to the Initial Schedule 13D, filed November 3, 2000 (File No. 005-56295)). S. Form of Pledge Agreement, dated as of October 31, 2000, between GS Inc. and each SLK Covered Person (incorporated by reference to Exhibit Z to Amendment No. 10 to the Initial Schedule 13D, filed November 3, 2000 (File No. 005-56295)). T. Supplemental Registration Rights Instrument, dated as of December 21, 2000 (incorporated by reference to Exhibit AA to Amendment No. 12 to the Initial Schedule 13D, filed January 23, 2001 (File No. 005-56295)). U. Form of Member Agreement, dated as of January 26, 2001, between GS Inc. and each Jacobson Covered Person (incorporated by reference to Exhibit BB to Amendment No. 14 to the Initial Schedule 13D, filed March 28, 2001 (File No. 005-56295)). V. Form of Pledge Agreement, dated as of March 19, 2001, between GS Inc. and each Jacobson Covered Person (incorporated by reference to Exhibit CC to Amendment No. 14 to the Initial Schedule 13D, filed March 28, 2001 (File No. 005-56295)). W. Form of Guarantee and Pledge Agreement for trusts (incorporated by reference to Exhibit DD to Amendment No. 19 to the Initial Schedule 13D, filed October 30, 2001 (File No. 005-56295)). X. Form of Pledge Agreement for beneficiaries of trusts (incorporated by reference to Exhibit EE to Amendment No. 19 to the Initial Schedule 13D, filed October 30, 2001 (File No. 005-56295)). Y. Form of Guarantee and Pledge Agreement for non-U.S. trusts holding Common Stock through non-U.S. corporations (incorporated by reference to Exhibit FF to Amendment No. 20 to the Initial Schedule 13D, filed December 21, 2001 (File No. 005-56295)). Z. Form of Pledge Agreement for beneficiaries of non-U.S. trusts holding Common Stock through non-U.S. corporations (incorporated by reference to Exhibit GG to Amendment No. 20 to the Initial Schedule 13D, filed December 21, 2001 (File No. 005-56295)).
68
Exhibit Description ------- ----------- AA. Supplemental Registration Rights Instrument, dated as of December 21, 2001 (incorporated by reference to Exhibit 4.4 to the registration statement on Form S-3 (File No. 333-74006) filed by The Goldman Sachs Group, Inc.). BB. Form of Power of Attorney executed by Covered Persons participating in the Channel A Sales Program (incorporated by reference to Exhibit BB to Amendment No. 27 to the Initial Schedule 13D, filed June 20, 2002 (File No. 005-56295)). CC. Form of Member Agreement, dated as of May 16, 2002, between GS Inc. and each Walter Frank Covered Person. DD. Form of Pledge Agreement, dated as of June 26, 2002, between GS Inc. and each Walter Frank Covered Person.
69 EX-99.CC 3 y62049exv99wcc.txt FORM OF MERGER AGREEMENT Exhibit CC Member Agreement MEMBER AGREEMENT, dated as of May 16, 2002 (this "Agreement"), among The Goldman Sachs Group, Inc., a Delaware corporation ("Acquiror"), the signatory hereto, who is the owner of that membership interest ("Membership Interest") of Walter N. Frank & Co., LLC, a New York limited liability company (the "Company"), set forth next to such signatory's name on Exhibit A ("Member"), and, for purposes of Section 1(b) hereof only, the Company. RECITALS Acquiror and the Company entered into an Agreement and Plan of Merger, dated as of the date hereof, a copy of which is attached hereto as Exhibit B (the Agreement and Plan of Merger, including all annexes and schedules thereto, as it may be amended from time to time, the "Merger Agreement"), and, subject to the terms and conditions contained in the Merger Agreement, intend to effect the merger (the "Merger") of NewCo with and into the Company. Capitalized terms used but not defined herein shall have the meaning set forth in the Merger Agreement. Upon the consummation of the Merger, the Merger Agreement provides for the conversion of Member's Membership Interest into such amount of cash and/or shares of Acquiror Common Stock (the "Shares"), as is provided in the Merger Agreement. Member will derive substantial value from Acquiror's execution, delivery and performance of the Merger Agreement. As an inducement to, and a condition of, Acquiror's willingness to enter into the Merger Agreement, and having reviewed the Merger Agreement and the terms of the proposed Merger, Member is executing this Agreement for the benefit of Acquiror, the Firm (as hereinafter defined), and each Acquiror Party. NOW, THEREFORE, in consideration of the premises and the covenants and agreements contained in the Merger Agreement, and intending to be legally bound hereby, Member agrees as follows: 1. Adoption of Merger Agreement; Irrevocable Proxy; Termination. (a) Member hereby (i) adopts and approves the resolutions attached hereto as Exhibit C and adopts and consents to the Merger Agreement and the transactions contemplated thereby, including, without limitation, the Merger and the amendments to the Operating Agreement contemplated by the Merger Agreement, in accordance with the provisions of Section 407 of the New York Limited Liability Company Law and Section 5.7 of the Operating Agreement, (ii) agrees to grant to Acquiror, upon request by Acquiror, an irrevocable proxy in the form of Exhibit D, which shall be deemed to be coupled with an interest, with respect to Member's Membership Interest, to adopt or approve such matters described in clause (i) of this Section 1(a), (iii) agrees to vote against, and to withhold consent from, any action or proposal that could compete with or could serve to materially interfere with, delay, discourage, adversely affect or inhibit the timely consummation of the transactions contemplated by the Merger Agreement (including all exhibits and annexes thereto), including, without limitation, the Merger, (iv) consents to the replacement of the Managers by SLK, or another Affiliate of Acquiror designated by Acquiror, as the sole Manager of the Company, such replacement to be effective as of the Effective Time, and (v) consents to the making by the Company of any or all of the determinations provided for in Section 3.01 of the Merger Agreement which may affect the Cash Consideration, Stock Consideration and/or Merger Consideration that Member is to receive in the Merger. For the avoidance of doubt, and without limiting in any respect the effect of clause (a)(i) of this Section 1, Member hereby approves and consents to the form, terms and provisions of, and the transactions contemplated by, the Merger Agreement, including all exhibits and annexes thereto, substantially in the form of Exhibit B, with such changes as the Authorized Agents (as such term is defined in the resolutions attached hereto as Exhibit C) may approve, and to any and all amendments, waivers and supplements to the Merger Agreement or any of such exhibits and annexes as may be entered into or delivered from time and time after the date of this Agreement. To the extent necessary and as permitted by applicable law, Member hereby also irrevocably (i) waives any notice, or requirement thereof, with respect to any meeting of the Members or other proceeding for the purpose of adopting and approving the Merger Agreement, the Merger or any related matters and (ii) acknowledges that Member will not have, and expressly waives, any dissenters' or similar rights in connection with the Merger and the consummation of the other transactions contemplated by the Merger Agreement. Member acknowledges and agrees that the Company Representatives may elect to establish an escrow arrangement in order to pay the costs and expenses of the Company and the Members in connection with the transactions contemplated by the Merger Agreement, and that a portion of Member's Merger Consideration may be paid directly to the escrow account established pursuant to such escrow arrangement and disbursed in accordance with the terms of such escrow arrangement. If the Merger Agreement is properly terminated for any reason in accordance with its terms and the Merger is not consummated, this Agreement shall terminate concurrently with such termination of the Merger Agreement. (b) The Company hereby acknowledges receipt and delivery at its principal place of business of an executed copy of this Agreement sufficient to comply with Section 407(b) of the New York Limited Liability Company Law. 2. Cooperation and Support; HSR; No Transfer of Membership Interest. (a) Member agrees to use Member's reasonable best efforts in good faith to take, or cause to be taken, all actions, and to do, or cause to be done, all things necessary, proper or desirable, or advisable under applicable laws, so as to permit consummation of the transactions contemplated by the Merger Agreement as promptly as practicable and otherwise to enable consummation of the transactions contemplated thereby. Without limitation of the foregoing, Member will timely execute and deliver all Supplemental Agreements, if any, to which it is to be a party as provided in the Merger Agreement. (b) Each Member, if any, who will be considered an "acquiring person" under the rules and regulations promulgated under the HSR Act, in connection with the consummation of the transactions contemplated by the Merger Agreement, agrees to use its reasonable best efforts to file a Notification and Report Form under the HSR Act with respect to the transactions contemplated by the Merger Agreement as soon as practicable after the date hereof, but in no event later than ten (10) business days after the date hereof. (c) From and after the date hereof, and until the earlier of the Effective Time or the termination of this Agreement in accordance with its terms, Member shall not Transfer (as hereinafter defined), directly or indirectly, all or any portion of its Membership Interest without Acquiror's prior written consent, provided, however, that in the event of such Member's death prior to the Effective Time, Member's Membership Interest may be transferred in accordance with the Operating Agreement. (d) Member hereby agrees that from and after the date hereof, until the earlier of the Effective Time or the termination of this Agreement in accordance with its terms, Member will not, in any manner, directly or indirectly (including through advisors, agents or other intermediaries), take any action to seek, encourage, support or discuss any offer from any corporation, partnership, person or other entity or group (other than Acquiror) to acquire any direct or indirect Company Membership Interests, to merge the Company or any Affiliate of the Company with any such person, or to otherwise acquire any significant portion of the assets of the Company. (e) Member hereby agrees to execute and deliver to Acquiror at the Closing, a counterpart of the Acquiror Shareholders Agreement if requested to do so by Acquiror, which agreement when so executed and delivered shall be in full force and effect. (f) At any time after the date hereof, Member shall promptly execute, acknowledge and deliver any other assurances or documents reasonably requested by Acquiror and necessary for Member to satisfy its obligations hereunder. 3. Representations, Warranties and Agreements. Member represents and warrants to, and agrees with, Acquiror as follows: (a) Member has all requisite power and authority to execute and deliver this Agreement and to perform all of the obligations imposed upon Member hereunder. Member is the lawful record and beneficial owner of Member's Membership Interest set forth next to Member's name in Exhibit A hereto, free and clear of all Liens, other than Liens created by the Constitutive Documents of the Company; no other person has an interest, legal, beneficial or otherwise, in Member's Membership Interest and no consent of any other person is required for the execution and delivery by Member of, and performance by Member of its obligations under, this Agreement and the Merger Agreement. Without limiting the foregoing, no person has any rights with respect to Member's Membership Interest or the cash or Shares to be issued to Member pursuant to the Merger Agreement under any community property or similar legal provision or concept. There are no actions, suits or proceedings pending or, to Member's knowledge, threatened against or affecting Member or the assets of Member in any court or before or by any federal, state, municipal or other governmental department, commission, board, bureau, agency or instrumentality which is reasonably likely to materially impair, restrict or delay the ability of Member to perform Member's obligations under this Agreement and the Merger Agreement or would make this paragraph untrue in any material respect. This Agreement constitutes the valid and legally binding agreement of Member, enforceable in accordance with its terms except as the enforceability hereof may be limited by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or other similar laws relating to the enforcement of creditors' rights generally and by general principles of equity. (b) The execution, delivery and performance of this Agreement do not and will not (1) constitute a breach or violation of, or a default under, or cause or allow the acceleration or creation of a Lien (with or without the giving of notice, passage of time or both) pursuant to any law, rule or regulation or any judgment, decree, order, governmental or non-governmental permit or license, or any Contract to which Member is a party or to which Member or any of Member's assets are subject or bound or (2) require any consent or approval of any other person under any such law, rule, regulation, judgment, decree, order, governmental or non-governmental permit, license or Contract, in each case, which would materially impair, restrict or delay the ability of Member to perform Member's obligations under this Agreement. (c) Member will acquire any Shares which it is acquiring in the Merger for Member's own account and not with a view to, or for resale in connection with, the distribution thereof and Member has no present intention of selling, Transferring, granting any participation in, or otherwise distributing the Shares except in conformity with the Securities Act and other applicable federal and state securities laws (the "Securities Laws"). (d) Member has read and fully understands this Agreement, the Merger Agreement and the terms of the proposed Merger. The SEC Documents related to Acquiror have been made available to Member, and Member understands and has evaluated the risks of an investment in the Shares. Member has been given the opportunity to ask questions of, and receive answers from, Acquiror and its representatives concerning the matters pertaining to Member's investment in the Shares and has been given the opportunity to review such additional information as was necessary to evaluate the merits and risks of an investment in the Shares. Member can bear the economic risk of an investment in the Shares. (e) If Member is acquiring any Shares in the Merger, it is an "accredited investor" as defined in Regulation D, which has been adopted by the SEC under the Securities Act. The information relating to Member set forth in the questionnaire attached hereto as Exhibit E and forming a part of this Agreement is complete and accurate as of the date hereof. (f) Member understands that any Shares which it is acquiring in the Merger will be characterized as "restricted securities" under the Securities Laws in that they are being acquired from Acquiror in a transaction not involving a public offering and that, consequently, the Shares may not be resold without first being registered under the Securities Laws, except in certain limited circumstances. Specifically, Member is familiar with Rules 144 and 145 under the Securities Act and understands, and agrees to comply with, the resale limitations imposed thereby, by the legends described in paragraph (g) below and by the Securities Laws generally and to cause any other person who has an interest in such Shares to so comply. (g) Member understands and agrees that any certificates issued to Member representing Shares acquired in the Merger will bear the following legends and such other legends as Acquiror may reasonably deem necessary or desirable: "THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO A MEMBER'S AGREEMENT WITH THE GOLDMAN SACHS GROUP, INC. (THE "MEMBER'S AGREEMENT")[, AND A SHAREHOLDERS' AGREEMENT AMONG THE GOLDMAN SACHS GROUP, INC. AND THE PERSONS NAMED THEREIN (THE "SHAREHOLDERS' AGREEMENT")], COPIES OF WHICH ARE ON FILE AT THE PRINCIPAL EXECUTIVE OFFICE OF THE GOLDMAN SACHS GROUP, INC., AND WHICH, AMONG OTHER MATTERS, PLACE RESTRICTIONS ON THE [VOTING AND] DISPOSITION OF SUCH SECURITIES. THE SECURITIES REPRESENTED BY THIS CERTIFICATE MAY BE INDIRECTLY OR DIRECTLY SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF, INCLUDING ANY DISPOSITION OF THE ECONOMIC OR OTHER RISKS OF OWNERSHIP THROUGH HEDGING TRANSACTIONS OR DERIVATIVES INVOLVING SUCH SECURITIES, ONLY IN ACCORDANCE WITH THE PROVISIONS OF THE MEMBER'S AGREEMENT [AND THE SHAREHOLDERS' AGREEMENT]." "THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR OTHER SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD, EXCHANGED, TRANSFERRED, ASSIGNED, PLEDGED, PARTICIPATED, HYPOTHECATED OR OTHERWISE DISPOSED OF (EACH A "TRANSFER") EXCEPT PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT AND, IF APPLICABLE, SUCH OTHER SECURITIES LAWS AND FOLLOWING RECEIPT BY THE GOLDMAN SACHS GROUP, INC. OF A LEGAL OPINION IN FORM AND SUBSTANCE SATISFACTORY TO IT THAT SUCH TRANSFER IS PERMITTED." The foregoing legends will be removed from a Share certificate at the request of Member or another holder thereof in connection with the proposed transfer thereof only upon satisfaction of Acquiror that such legend is no longer required or appropriate, including, in the case of the Securities Laws legend, receipt by Acquiror of an opinion of counsel, in form and substance satisfactory to Acquiror, to the effect that registration under the Securities Act is unnecessary in respect of such proposed transfer, in reliance upon SEC Rule 144 or 145 under the Securities Act, and that such legend is not required by law to appear on such certificate. Member agrees and consents to the entry of stop transfer orders against the transfer of Shares subject to transfer restrictions. (h) Member meets any suitability standards imposed by the state of Member's residence or imposed by any other applicable laws. (i) From and after the date hereof, and until the earlier of the Effective Time or the termination of this Agreement in accordance with its terms, Member agrees to comply with the restrictions on hedging and pledging contained in Exhibit F hereto; it being understood that Member shall in no event on or after the date hereof, commence any activities that involve the disposition of the economic or other risks of ownership through hedging transactions or derivatives involving Acquiror securities or Member's Membership Interest. (j) Member has not, and through the Closing Date will not have, made any election, taken any action, filed any Tax Return or filed or provided any other document to any taxing authority that is inconsistent with the Tax Returns filed and furnished by the Company or the treatment of the Company as a partnership for U.S. federal, state and local Tax purposes, and Member agrees that the foregoing representations shall be subject to the same indemnification provisions as contemplated by Section 15 herein. (k) Member will not make any election, take any action or take any position on any Tax Return or any other document filed or provided to any taxing authority that is inconsistent with any Tax Return filed with any taxing authority, or furnished to such Member, by or on behalf of the Company or the Surviving LLC, provided that Acquiror and its Affiliates, as applicable, have complied with the procedures set forth in Sections 7.02(c) and 7.02(f) of the Merger Agreement; and provided, further that Member shall file its Tax Returns and any other documents consistent with Section 7.02(b) of the Merger Agreement. (l) Member agrees to provide, and to use its reasonable best efforts to cause its respective relatives and affiliates to provide, any document or take any other action reasonably requested by Acquiror (or Acquiror's designees) in connection with any Tax matters relating to the Company and the Surviving LLC. 4. Restrictions on Transfer. (a) Member agrees that any Shares that it is acquiring in the Merger may be Transferred only as follows: (i) 331/3% of such Shares may be Transferred at any time after the first anniversary of the Closing Date; (ii) an additional 331/3% of such Shares may be Transferred at any time after the second anniversary of the Closing Date; and (iii) all of such Shares may be Transferred at any time after the third anniversary of the Closing Date. For purposes of this Agreement, the term "Transfer" means any direct or indirect sale, transfer, pledge or other disposition of securities of Acquiror or Member's Membership Interests, as the case may be, including any disposition of the economic or other risks of ownership through hedging transactions or derivatives involving Acquiror securities or Member's Membership Interests; provided, however, that in the event of such Member's death during the term of this Agreement, a portion of such Member's Shares may be transferred to the extent necessary to generate cash to pay federal and state estate taxes applicable to the value of the Shares in such Member's estate that are still subject to transfer restrictions under Section 4(a) of this Agreement. (b) Member agrees that, if it acquires any Shares in the Merger, at any time Member is employed by the Firm, Member will: (i) comply with respect to all such Shares with Transfer restrictions related to future primary or secondary offerings of Shares if requested to do so by Acquiror; (ii) comply with restrictions that may be imposed by Acquiror from time to time to enable Acquiror or another party to account for a business combination using the pooling-of-interests or any other then available method of accounting; (iii) be subject to the same internal compliance and trading policies as are in effect from time to time for similarly situated employees of Acquiror; and (iv) comply with the hedging and pledging restrictions of Acquiror relating to securities of Acquiror and financial services companies as are in effect from time to time for managing directors of Acquiror. References in this Section 4 to "Shares" shall be deemed to also refer to securities received in exchange for Shares on the same basis as provided in Section 6.4 of the Acquiror Shareholders Agreement. 5. Confidential Information; Return of Materials. (a) In the course of involvement in the Firm's activities or otherwise, Member has obtained or may obtain confidential information concerning the Firm's businesses, strategies, operations, financial affairs, organizational and personnel matters (including information regarding any aspect of Member's tenure as a member in, or officer or employee of, the Firm or of the termination of such membership, officership or employment), policies, procedures and other non-public matters, or concerning those of third parties. Such information ("Confidential Information") may have been or be provided in written or electronic form or orally. Without prejudice to or limitation on any other confidentiality obligations imposed by agreement or by law, Member hereby undertakes to use and protect Confidential Information in accordance with any reasonable restrictions placed on its use or disclosure. Without limiting the foregoing, except as authorized by the Firm or as required by law, Member may not disclose, directly or indirectly, any Confidential Information, or any information derived therefrom, in whatever form, to any person unless such person is a director, officer, partner, employee, attorney or agent of the Firm and, in Member's reasonable good faith judgment, has a need to know the Confidential Information or information derived therefrom in furtherance of the business of the Firm. The foregoing obligations will survive, and remain binding and enforceable notwithstanding any termination of Member's employment with the Firm and any settlement of the financial rights and obligations arising from Member's employment with the Firm. Without limiting the foregoing, the existence of, and any information concerning, any dispute between Member and the Firm shall constitute Confidential Information except that Member may disclose information concerning such dispute to the arbitrator or court that is considering such dispute, or to Member's legal counsel (provided that such counsel agrees not to disclose any such information other than as necessary to the prosecution or defense of the dispute). (b) Upon the termination of Member's employment with the Firm, Member shall promptly deliver to Acquiror all correspondence, drawings, manuals, letters, notes, notebooks, reports, flow-charts, programs, proposals and any documents concerning Clients (as defined herein), Client lists and all other paper and/or electronic documents, records or files, and all copies thereof, relating to the operation, products, processes, business or Clients of the Firm and, without limiting the foregoing, will promptly deliver to Acquiror any and all other documents, electronic records or materials containing or constituting Confidential Information. (c) For purposes of this Agreement, "Firm" means (i) prior to the consummation of the Merger, the Company and its Affiliates, and (ii) from and after the consummation of the Merger, Acquiror and its Subsidiaries and Affiliates (including the Company). 6. Noncompetition. (a) In view of Member's importance to the Firm, Member hereby agrees that the Firm would likely suffer significant harm from Member's competing with the Firm for some period of time following the consummation of the Merger, and at any time prior to the date of termination specified in the notice of termination pursuant to Section 10 hereof (the "Employment Period") and for some time thereafter, and Member understands that Acquiror would not have agreed to acquire the Company and its business unless Member entered into this Agreement. Moreover, Member recognizes and agrees that the business activities of the Firm are worldwide and that the restrictions on competition included herein are commensurate in geographic scope with those activities. Accordingly, Member hereby agrees that commencing at the time of consummation of the Merger, Member will not, without the written consent of Acquiror, until the later of (x) three years following the Effective Time and (y) two years following the date of termination of the Employment Period (such later date is referred to as the "Expiration Date"): (1) form, or acquire a 5% or greater equity ownership (including, for this purpose, stock options, warrants and other rights, whether or not exercisable), voting or profit participation interest in, any Competitive Enterprise (as defined below) (it being understood that the maintenance by Member of his existing ownership interest in Auerbach Grayson & Co., Inc. ("Auerbach") shall not be deemed to violate the provisions of this Section 6; provided, that Member shall maintain his ownership interest in Auerbach solely as a passive investment and shall not devote any of Member's time, labor, skill or energies to the business and affairs of Auerbach); or (2) associate (including, but not limited to, association as an officer, employee, partner, director, consultant, agent or advisor) with any Competitive Enterprise and in connection with such association engage in, or directly or indirectly manage or supervise personnel engaged in, any activity (i) which is similar or substantially related to any activity in which Member was engaged, in whole or in part, at the Firm, (ii) for which Member had direct or indirect managerial or supervisory responsibility at the Firm, or (iii) which calls for the application of the same or similar specialized knowledge or skills as those utilized by Member in Member's activities with the Firm, at any time during the one-year period immediately prior to the date of termination of Member's employment with the Firm (or, in the case of an action taken during the Employment Period, during the one-year period immediately prior to such action), and, in any such case, irrespective of the purpose of the activity or whether the activity is or was in furtherance of advisory, agency, proprietary or fiduciary business of either the Firm or the Competitive Enterprise. (By way of example only, this provision precludes an information systems professional for the Firm from joining a management or other consulting firm and providing information technology consulting services or advice to any Competitive Enterprise.) (b) For purposes of this Agreement, a "Competitive Enterprise" is a business enterprise that (1) engages in any activity, or (2) owns or controls a significant interest in any entity that engages in any activity, that, in either case, competes anywhere with any activity in which the Firm is engaged. The activities covered by the previous sentence include, without limitation, financial services such as investment banking, public or private finance, lending, financial advisory services, private investing (for anyone other than Member and members of Member's family), merchant banking, asset or hedge fund management, insurance or reinsurance underwriting or brokerage, property management, or securities, futures, commodities, energy, derivatives or currency brokerage, sales, market making, lending, custody, clearance, settlement or trading. If Member is employed by the Firm immediately following the Effective Time and the Firm terminates Member's employment with the Firm without Cause, the Firm may only enforce the provisions of this Section 6 for so long as the Firm continues to pay Member the same base salary (i.e., excluding any incentive, bonus or similar compensation) Member was receiving immediately prior to such termination. In determining whether the Firm has paid Member's base salary for any period, the Firm shall receive credit for any payments under any severance, salary continuation or similar plan or arrangement. For the purposes of this Section 6 and Section 10 only, "Cause" means (i) Member's conviction, whether following trial or by plea of guilty or nolo contendere (or similar plea), in a criminal proceeding (A) on a misdemeanor charge involving fraud, false statements or misleading omissions, wrongful taking, embezzlement, bribery, forgery, counterfeiting or extortion, or (B) on a felony charge or (C) on an equivalent charge to those in clauses (A) and (B) in jurisdictions which do not use those designations; (ii) Member's engaging in any conduct which constitutes an employment disqualification under applicable law (including statutory disqualification as defined under the Exchange Act); (iii) Member's willful or grossly negligent failure to perform Member's duties to the Firm; (iv) Member's violation of any securities or commodities laws, any rules or regulations issued pursuant to such laws, or the rules and regulations of any securities or commodities exchange or association of which Acquiror or any of its subsidiaries or affiliates is a member; (v) Member's violation of any Firm policy concerning hedging or confidential or proprietary information, or Member's material violation of any other Firm policy as in effect from time to time; (vi) Member's engaging in any act or making any statement which impairs, impugns, denigrates, disparages or negatively reflects upon the name, reputation or business interests of the Firm; or (vii) Member's engaging in any conduct detrimental to the Firm. The determination as to whether "Cause" has occurred shall be made by management of Acquiror in its sole discretion. 7. Nonsolicitation of Clients. (a) Member hereby agrees that during the Employment Period and thereafter until the Expiration Date, Member will not, in any manner, directly or indirectly, (1) Solicit a Client to transact business with a Competitive Enterprise or to reduce or refrain from doing any business with the Firm, or (2) interfere with or damage (or attempt to interfere with or damage) any relationship between the Firm and a Client. (b) For purposes of this Agreement, the term "Solicit" means any direct or indirect communication of any kind whatsoever, regardless of by whom initiated, inviting, advising, encouraging, counseling, inducing or requesting any person or entity, in any manner, to take or refrain from taking any action. (c) For purposes of this Agreement, the term "Client" means any client or prospective client of the Firm to whom Member provided services, or for whom Member transacted business, or whose identity became known to Member in connection with Member's relationship with or employment by the Firm. 8. Nonsolicitation of Employees. Member hereby agrees that during the Employment Period and thereafter until the Expiration Date, Member will not, in any manner, directly or indirectly, Solicit any employee of the Firm to resign from the Firm or to apply for or accept employment with any Competitive Enterprise. 9. Damages. (a) Member acknowledges that Acquiror would not have entered into this Agreement or the Merger Agreement in the absence of Member's agreement to the provisions of this Section 9 and the Covenants (as defined in Section 17 hereof) and Member further acknowledges that such compliance with such Covenants is an important factor to the continued success of the Firm's operations and its future prospects. Member and Acquiror agree that upon the occurrence of any of the following events, the damages to the Firm would be material, but that the amount of such damages would be uncertain and not readily ascertainable. Accordingly, Member and Acquiror agree that, if, prior to the fifth anniversary of the date of this Agreement, Member breaches any of the Covenants set forth in Section 6, 7 or 8, as determined by management of Acquiror in its good faith judgment, Acquiror will be entitled to receive immediately following such determination and written demand therefor, and Member will make, within ten business days after written demand has been received, a payment in cash or Acquiror Common Stock (valued at the average closing per share price of Acquiror Common Stock for the five trading days immediately preceding the date of payment under this Section 9(a)) in such combination of cash and/or Acquiror Common Stock as Member shall determine as and for liquidated damages (the "Liquidated Damages") in the amount set forth in Exhibit G attached hereto, which amount shall be the aggregate amount of liquidated damages due for all such breaches prior to the fifth anniversary of this Agreement. The payment of any amount as liquidated damages will not be construed as a release or waiver by Acquiror of the right to prevent the continuation of any such violation of such Covenants in equity or otherwise. In addition, Member and Acquiror agree that it would be too speculative to attempt to determine any amount of liquidated damages that would be applicable following the fifth anniversary of the date of this Agreement, and that any damages payable as a result of any breach following such date shall be determined without regard to this Section 9. (b) Member and Acquiror agree that the Liquidated Damages are reasonable in proportion to the probable damages likely to be sustained by the Firm if Member breaches at any time prior to the fifth anniversary of this Agreement any of the Covenants set forth in Sections 6, 7 and 8 hereof, that the amount of actual damages to be sustained by the Firm in the event of such breach is incapable of precise estimation and that such cash and/or Acquiror Common Stock payments are not intended to constitute a penalty or punitive damages for any purposes. (c) Member acknowledges and agrees that Member's payment obligations under this Section 9 will be full recourse obligations and will be secured pursuant to a Pledge Agreement, in substantially the form set forth as Exhibit H hereto (the "Pledge Agreement"). Member agrees to execute and deliver to Acquiror a Pledge Agreement prior to the Closing. (d) Member acknowledges and agrees that any cash and/or Acquiror Common Stock payment of Liquidated Damages pursuant to this Section 9 shall be in addition to, and not in lieu of, any forfeitures of awards (required pursuant to the terms of any such awards) that may be granted to Member in the future under one or more of the Firm's compensation and benefit plans. 10. Employment with the Firm. (a) Member acknowledges that Acquiror would not have entered into this Agreement or the Merger Agreement in the absence of Member's agreement to the provisions of this Section 10, and Member further acknowledges that such Member's continued employment with the Firm through the first anniversary of the Effective Time is essential to assure the proper integration of the business operations of the Company into the Firm and is an important factor to the continued success of the Firm's operations and its future prospects. Accordingly, Member hereby agrees to remain employed with the Firm for the period commencing on the Effective Time through the first anniversary of the Effective Time (the "Initial Employment Period"). Notwithstanding the foregoing, Member acknowledges and agrees that such employment shall be subject to this Agreement and to terms and conditions that are consistent with other offers to new employees of the Firm, including, without limitation, a background check and compliance with the Firm's policies and procedures. After the Initial Employment Period (unless otherwise agreed by Member and the Firm in writing), there will be no set term of employment. The Firm may terminate Member's employment at any time during or after the Initial Employment Period for any reason, or for no reason, and Member may terminate employment for any reason, or no reason, after the Initial Employment Period. Such termination shall be effected only by giving not less than ninety (90) days' prior written notice of termination; provided, however, that (i) the Firm may elect to place Member on paid leave for all or any part of such 90-day period; (ii) no advance notice need be given by the Firm to Member in connection with a termination of Member's employment for Cause or on account of Disability; and (iii) as long as the 90 days' prior written notice is given, Member may terminate his or her employment during the Initial Employment Period on account of Good Reason, Disability or with Acquiror's written consent. For purposes of this Section 10, "Good Reason" means, without the consent of Member, (i) a materially adverse alteration in Member's position or in the nature or status of Member's responsibilities from those in effect immediately after the Effective Time, or (ii) the Firm's requiring Member's principal place of employment to be located more than seventy-five (75) miles from the location at which Member is principally employed immediately after the Effective Time (except for required travel on the Firm's business to an extent substantially consistent with Member's customary business travel obligations in the ordinary course of business prior to the Effective Time). For purposes of this Section 10, "Disability" means Member's absence from employment for at least 180 days in any 12-month period as a result of Member's incapacity due to mental or physical illness or incapacity, as reasonably determined by the Firm. (b) During the Employment Period: (i) Member will have such duties and responsibilities as the Firm may from time to time determine; (ii) Member will devote his or her entire working time, labor, skill and energies to the business and affairs of the Firm, provided, however, that Member shall not be prohibited from making passive personal investments or conducting private affairs if those activities are consistent with the Firm's policies and do not interfere with the services required under this Agreement; and (iii) Member will be paid such base salary and other compensation as shall be separately communicated to him. 11. Transfer of Client Relationships. (a) During the Coverage Period, Member hereby agrees to take all actions and do all such things as may be reasonably requested by the Firm from time to time to maintain for the Firm the business, goodwill, and business relationships with any of the Firm's Clients with whom Member worked during the term of Member's employment with the Firm. (b) For purposes of this Agreement, the term "Coverage Period" means, the 90-day period beginning on the date on which notice of Member's termination of employment is delivered to or by the Firm pursuant to Section 10, or in the case of termination of Member's employment by the Firm for Cause or on account of Disability, the 90-day period beginning on the date of termination of employment. 12. Prior Notice Required. Member hereby agrees that prior to accepting employment with any other person or entity prior to the date of termination of Member's obligations hereunder, Member will provide such prospective employer with written notice of the provisions of this Agreement, with a copy of such notice delivered simultaneously to the General Counsel of Acquiror. 13. Non-Disparagement. Member hereby acknowledges and agrees that Member will not make, either by himself or herself, as applicable, or through an agent, employee, representative or any other third party, any oral or written statements which are or could reasonably be interpreted to be of a negative or critical nature concerning the Firm, including, but not limited to, statements or omissions regarding its business practices, events in the workplace, and/or his or her treatment by the Firm, to anyone other than in private and privileged conversations with his or her spouse or legal advisor, or as required by law. 14. Non-Compliance Period. The time periods for the restrictions referred to in Sections 6, 7 and 8 shall be extended, respectively, by a number of days equal to the number of days of non-compliance. 15. Indemnification. Member hereby agrees that it shall indemnify each Acquiror Party as an Indemnifying Party as set forth in Articles 7 and 9 of the Merger Agreement. If an indemnification claim (an "Indemnification Claim") is made pursuant to the Merger Agreement, Member agrees that, unless Acquiror delivers consent in writing, the Company Representatives (as defined in the Merger Agreement) shall have the sole and exclusive power and authority to contest, defend and settle each Indemnification Claim on behalf of Member. In addition, for purposes of Article 7 of the Merger Agreement, Member agrees that, unless Acquiror delivers consent in writing, the Company Representatives shall have sole and exclusive power and authority over tax matters reserved to the Company Representatives under the Merger Agreement. In furtherance thereof, Member agrees that (i) any action by either of the Company Representatives shall be conclusively binding on Member and (ii) Stephen H. Frank and John G. Ketterer III shall be the initial Company Representatives, and Member agrees to take all action necessary to cause the Company to designate Stephen H. Frank and John G. Ketterer III as the Company Representatives under the terms of the Merger Agreement. 16. Taxes. (a) Tax Returns. Member hereby agrees to prepare and file (or cause to be prepared and filed) when due (taking into account any applicable extensions) all of his, her or its Tax Returns related to periods during which the Merger occurs, and Member will timely pay all Taxes reflected on such Tax Returns (or which are due with respect to such Tax Returns after adjustment by any taxing authority). Member further agrees to cooperate with Acquiror and to provide Acquiror with any documentation as reasonably requested in establishing the timely filing of such Tax Returns and timely payment of such Taxes. In addition, Member agrees to prepare and file in a timely fashion any IRS forms relating to the allocation of Merger Consideration, to the extent applicable, in accordance with Section 7.02(f) of the Merger Agreement and the Code. In the event that the Merger Consideration is adjusted after the Closing Date, Member agrees to revise and amend any such IRS forms, to the extent applicable, in the same manner and according to the same procedure. (b) Tax Treatment of the Common Stock. Member agrees that any Acquiror Common Stock subject to the restrictions on Transfer (as described in Section 4 herein) and received by the Members in the Merger will be valued for all U.S. federal income tax purposes at 100% of the mean of the high and low of the trading price of the Acquiror Common Stock on the Closing Date. (c) Cooperation. Member agrees to cooperate with the Company Representatives, Acquiror, the Surviving LLC and the Tax Matters Partner (as defined in Section 6231(a)(7) of the Code) (or its designee), as applicable, to the extent reasonably requested in any Tax audit, examination or other proceeding involving the Company for any taxable period that relates to periods prior to the Closing. Member further agrees that the existing Tax Matters Partner (or if the existing Tax Matters Partners does not so act, the Acquiror (or its designee)) shall have the right to designate or appoint (such designation or appointment to be made in good faith) any individual or entity in the name and on behalf of such Member, as the Tax Matters Partner, with respect to any taxable year of the Company. (d) Overpayments and Underpayments. The parties hereby agree that in the event the Company makes distributions to Member pursuant to the terms of Section 4.01(c)(v) of the Merger Agreement, the parties shall as promptly as practicable after the Closing determine whether the actual amount of Taxes owed by Member in respect of the net earnings of the Company (calculated in accordance with such Section) during the period from March 1, 2002 to the Closing Date (after taking into account Tax credits and other available Tax assets relating to the Company and provided that no distributions shall be permitted for any Taxes attributable to, or payable as the result of, (i) sales or other dispositions requiring the recognition of unrealized gains reflected on the balance sheet as of February 28, 2002 included in the Financial Statements (including any "short against the box" positions), (ii) Taxes payable in respect of any acceleration of Section 481 adjustments under the Code resulting from the transactions contemplated by the Merger Agreement or (iii) any other taxes payable as a result of the transactions contemplated by the Merger Agreement) is greater than (an "Underpayment") or less than (an "Overpayment") the amounts distributed to Member pursuant to Section 4.01(c)(v) of the Merger Agreement with respect to the period from March 1, 2002 to the Closing Date in respect to such Taxes, and, in the event of an Overpayment, Member shall promptly pay to Acquiror and, in the event of an Underpayment, Acquiror shall promptly pay to Member, the amount of such difference. 17. Covenants Generally. (a) Member's covenants as set forth in Sections 5 through 16 of this Agreement are from time to time referred to herein as the "Covenants." If any of the Covenants is finally held to be invalid, illegal or unenforceable (whether in whole or in part), such Covenant shall be deemed modified to the extent, but only to the extent, of such invalidity, illegality or unenforceability and the remaining such Covenants (or part of such Covenants, as the case may be) shall not be affected thereby; provided, however, that if any of such Covenants is finally held to be invalid, illegal or unenforceable because it exceeds the maximum scope determined to be acceptable to permit such provision to be enforceable, such Covenant will be deemed to be modified to the minimum extent necessary to modify such scope in order to make such provision enforceable hereunder. (b) Member understands that the provisions of the Covenants may limit Member's ability to earn a livelihood in a business similar to the business of the Firm. (c) Member acknowledges that a violation on Member's part of any of the Covenants would cause irreparable damage to the Firm. Accordingly, Member agrees that the Firm will be entitled to injunctive relief for any actual or threatened violation of any of the Covenants in addition to any other remedies it may have. 18. Waiver and Release. (a) Member hereby irrevocably waives any right to contest the terms of each of this Agreement and the Merger Agreement and the transactions contemplated hereby and thereby, whether on the grounds of unequal or disparate treatment, inconsistency or conflict with the terms and provisions of the Operating Agreement (including, without limitation, any claim pursuant to Section 4.12 of the Operating Agreement relating to the employment of any member of the Company by the Firm following the Effective Time and any claim pursuant to Article XIII of the Operating Agreement), unfairness or for any other reason. (b) Member hereby irrevocably releases Acquiror, each and every affiliate, shareholder, subsidiary, partner, officer, member, director and employee of Acquiror and its affiliates in their capacities as such ("Releasees") from any claims, liabilities, costs, expenses, actions, suits or demands however arising, whether at law or in equity, contingent, known or unknown, which Member or his or her heirs, successors or assigns may have or assert, in respect of any interest in the Company (or the Company's predecessor) and its affiliates or arising out of any Membership Interest, or Member, partnership or employment relationship with the Company (or the Company's predecessor) or its affiliates (including claims for breach of any contract relating to employment, partnership status or compensation, or for discrimination based upon race, color, ethnicity, sex, age, national origin, religion, disability, sexual orientation, or any other unlawful criterion or circumstance) which Member or Member's heirs, successors or assigns may have or have had; provided that this release shall not extend to (i) agreements entered into hereunder or in connection with the transactions contemplated by the Merger Agreement and (ii) any conduct that resulted from a Releasee's bad faith, fraud or criminal act or omission. Member confirms that Member has been given a reasonable period within which to consider this release and its consequences and that Member has been advised prior to executing this Agreement to consult with any attorney or any personal or financial advisor Member chooses. 19. Arbitration. Subject to the provisions of Sections 20 and 21 hereof, any dispute, controversy or claim between Member and the Firm arising out of or relating to or concerning the provisions of this Agreement, relating to or arising out of Member's employment with the Firm or otherwise concerning any rights, obligations or other aspects of Member's employment relationship in respect of the Firm ("Employment Related Matters"), shall be finally settled by arbitration in New York City before, and in accordance with the rules then obtaining of, the NYSE or, if the NYSE declines to arbitrate the matter, the American Arbitration Association (the "AAA") in accordance with the commercial arbitration rules of the AAA. 20. Injunctive Relief; Submission to Jurisdiction; Specific Performance. (a) Notwithstanding the provisions of Section 19, and in addition to its right to submit any dispute or controversy to arbitration, the Firm may bring an action or special proceeding in a state or federal court of competent jurisdiction sitting in the City of New York, whether or not an arbitration proceeding has theretofore been or is ever initiated, for the purpose of temporarily, preliminarily, or permanently enforcing the provisions of the Covenants, or to enforce an arbitration award, and, for the purposes of this Section 20, Member (i) expressly consents to the application of Section 21 to any such action or proceeding, (ii) agrees that proof will not be required that monetary damages for breach of the provisions of the Covenants would be difficult to calculate and that remedies at law would be inadequate and (iii) irrevocably appoints each General Counsel of Acquiror as Member's agent for service of process in connection with any such action or proceeding, who shall promptly advise Member in writing of any such service of process. (b) Each party hereto severally acknowledges that it will be impossible to measure in money the damage to the other party if the party hereto fails to comply with any of the obligations imposed by this Agreement and that every such obligation is material. Accordingly, each party hereto severally agrees that injunctive relief or other equitable remedy, in addition to remedies at law or damages, is the appropriate remedy for any such failure and will not oppose the granting of such relief on the basis that the other party has an adequate remedy at law. 21. Choice of Forum. (a) Member and the Firm hereby irrevocably submit to the exclusive jurisdiction of any state or federal court located in the City of New York over any suit, action or proceeding arising out of or relating to or concerning this Agreement or any employment related matter that is not otherwise arbitrated according to the provisions of Section 19 hereof. This includes any suit, action or proceeding to compel arbitration or to enforce an arbitration award. This also includes any suit, action, or proceeding arising out of or relating to any post-employment Employment Related Matters. Member and the Firm acknowledge that the forum designated by this Section 21 has a reasonable relation to this Agreement, and to Member's relationship to the Firm. Notwithstanding the foregoing, nothing herein shall preclude the Firm from bringing any action or proceeding in any other court for the purpose of enforcing the provisions of Sections 19, 20 or 21. (b) The agreement of Member and the Firm as to forum is independent of the law that may be applied in the action, and Member and the Firm agree to such forum even if the forum may under applicable law choose to apply non-forum law. Member and the Firm hereby waive, to the fullest extent permitted by applicable law, any objection which Member or the Firm now or hereafter may have to personal jurisdiction or to the laying of venue of any such suit, action or proceeding in any court referred to in Section 21(a). Member and the Firm undertake not to commence any action arising out of or relating to or concerning this Agreement in any forum other than a forum described in this Section 21. Member and the Firm agree that, to the fullest extent permitted by applicable law, a final and non-appealable judgment in any such suit, action or proceeding in any such court shall be conclusive and binding upon Member and the Firm. 22. Choice of Law. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO PRINCIPLES OF CONFLICT OF LAWS. 23. No Right to Employment. Nothing in this Agreement or the Merger Agreement shall confer upon Member the right to employment or continued employment by the Firm or affect the Firm's right to terminate such employment at will. 24. Miscellaneous. (a) This Agreement and the Merger Agreement shall supersede any other agreement, written or oral, pertaining to the matters covered herein. (b) Notices hereunder shall be delivered to Acquiror at its principal executive office directed to the attention of its General Counsel, and to Member at Member's last address appearing in the Firm's employment records. (c) This Agreement may not be amended or modified, other than by a written agreement executed by Member and Acquiror or its successors, nor may any provision hereof be waived other than by a writing executed by Member or Acquiror or its successors; provided, that any waiver, consent, amendment or modification of any of the provisions of this Agreement will not be effective against the Firm without the written consent of Acquiror or its successors. Member may not, directly or indirectly (including by operation of law), assign Member's rights or obligations hereunder without the prior written consent of Acquiror or its successors, and any such assignment by Member in violation of this Agreement shall be void. This Agreement shall be binding upon Member's permitted successors and assigns. Without impairing Member's obligations hereunder, Acquiror may at any time and from time to time assign its rights and obligations hereunder to any of its subsidiaries or affiliates (and have such rights and obligations reassigned to it or to any other subsidiary or affiliate). This Agreement shall be binding upon and inure to the benefit of the Firm and its assigns. (d) Without limiting the provisions of Section 17(a) hereof, if any provision of this Agreement is finally held to be invalid, illegal or unenforceable (whether in whole or in part), such provision shall be deemed modified to the extent, but only to the extent, of such invalidity, illegality or unenforceability and the remaining provisions shall not be affected thereby. (e) Except as expressly provided herein, this Agreement shall not confer on any person other than Acquiror, the Firm and each Member any rights or remedies hereunder. (f) The captions in this Agreement are for convenience of reference only and shall not define or limit the provisions hereof. (g) This Agreement may be executed (including by facsimile transmission) in one or more counterparts, each of which shall be deemed an original and all such counterparts together shall constitute one and the same instrument. IN WITNESS WHEREOF, each signatory hereto has caused this Agreement, including the written consent evidenced hereby, to be executed and delivered this ___th day of May, 2002. THE GOLDMAN SACHS GROUP, INC. By:__________________________________________ Name: Title: WALTER N. FRANK & CO., LLC (with respect to Section 1(b) only) By:__________________________________________ Name: Title: MEMBER _____________________________________________ Name: EX-99.DD 4 y62049exv99wdd.txt PLEDGE AGREEMENT Exhibit DD PLEDGE AGREEMENT PLEDGE AGREEMENT, dated as of June 26, 2002 (the "Agreement"), by and between The Goldman Sachs Group, Inc., a Delaware corporation ("GS Inc."), on its behalf and on behalf of its subsidiaries and affiliates (collectively with GS Inc., and its and their predecessors and successors, the "Firm"), and the individual whose name appears at the end of this Agreement ("Pledgor"). Capitalized terms used but not defined herein shall have the respective meanings ascribed to such terms in the Merger Agreement (as defined below). RECITALS A. Covenants. In connection with the execution and delivery of that certain Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 16, 2002, by and between GS Inc. and Walter N. Frank & Co., LLC, a New York limited liability company (the "Company"), Pledgor and GS Inc. have entered into a Member Agreement (the "Member Agreement"), in respect of, inter alia, Pledgor's obligations (the "Obligations") not to engage in competitive activities, not to solicit the Firm's clients or employees, and to cooperate with the Firm in maintaining certain relationships following the termination of Pledgor's employment. In addition, Pledgor has agreed under the Member Agreement to certain provisions regarding arbitration, choice of law and choice of forum, injunctive relief and submission to jurisdiction with respect to the enforcement of the Obligations. B. The Pledge. Pursuant to the Member Agreement, Pledgor has agreed to pay a certain amount of liquidated damages to GS Inc. in respect of any breach by Pledgor of certain of the Obligations set forth in the Member Agreement pursuant to Section 9 of such Agreement (the "Payment Amounts"). As security for the timely payment of the Payment Amounts, Pledgor has agreed to pledge to the Firm shares (the "Pledged Shares") of common stock of GS Inc. (the "Common Stock"), or other collateral described below, all as set forth herein. NOW, THEREFORE, in consideration of the premises contained herein and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto agree as follows: 1. Pledge. (a) As collateral security for the full and timely payment of the Payment Amounts, Pledgor hereby delivers, deposits, pledges, transfers and assigns to GS Inc., in form transferable by delivery, and creates for the benefit of GS Inc. a perfected first priority security interest in, Pledged Shares with a Fair Market Value (as defined in Section 1(d)) on the date hereof equal to the amount of the Payment Amounts (and all certificates or other instruments or documents evidencing the Pledged Shares) and, except as set forth in Sections 1(c) and 2(a), all proceeds thereof (together with any securities or property to be delivered to GS Inc. pursuant to Section 2(b) and, upon substitution or delivery in accordance with Section 1(b), any Substitute Collateral (as defined in Section 1(b)), "Pledged Securities"). Pledgor herewith delivers to GS Inc. appropriate undated security transfer powers duly executed in blank (or other documents deemed necessary or appropriate by GS Inc. to give GS Inc. control (as defined in the Uniform Commercial Code of the State of New York (the "UCC"))) (such transfer powers and other appropriate documents, the "Control Documents") in respect of Pledged Securities, and will deliver Control Documents for all Pledged Securities to be pledged hereunder from time to time. (b) During the term of this Agreement, Pledgor may substitute for Pledged Securities readily marketable direct obligations of the United States, any agency thereof, or any triple-A rated sovereign, shares of Common Stock, or other collateral acceptable to GS Inc. in its sole and absolute discretion (collateral other than Pledged Shares, the "Substitute Collateral") with a Fair Market Value on the date of substitution equal to or greater than the Fair Market Value on such date of the Pledged Securities to be released in exchange therefor. Upon such substitution, the Pledged Securities replaced by such Substitute Collateral shall be released from the pledge hereunder. (c) If Pledgor is not prohibited from doing so by the terms of the Member Agreement, the Shareholders' Agreement, dated as of May 7, 1999, among GS Inc. and the individuals listed on Appendix A thereto, as in effect from time to time (the "Shareholders' Agreement"), any other written agreement with GS Inc. or the Firm, or any law or regulation or Firm policy (collectively, the "Restrictions"), this Agreement shall not prohibit Pledgor from disposing of Pledged Shares; provided, that such disposition shall be made expressly subject to all of GS Inc.'s rights hereunder, that the provisions of this Agreement shall (as described in Section 1(a)) apply to all proceeds of such disposition and that such disposition shall be permitted only if GS Inc. shall have determined that such disposition will not result in the loss for any period by GS Inc. of the perfection of its first priority security interest in such proceeds; provided, further, that the proceeds of such disposition are cash, Substitute Collateral, Tender or Exchange Offer Consideration or a combination thereof, with an aggregate Fair Market Value on the date of such disposition equal to or greater than the Fair Market Value on such date of the Pledged Shares so disposed. Pledgor shall give GS Inc. prior written notice of any proposed transaction under this Section 1(c). For purposes of this Agreement, "Tender or Exchange Offer Consideration" means the consideration issuable for Pledged Shares pursuant to any tender or exchange offer in which the Pledgor is not prohibited from participating by the Restrictions. (d) For purposes of this Agreement, the "Fair Market Value" of any Pledged Security means, as of any date (1) in the case of a Pledged Security that is a share of Common Stock, the average of the daily closing prices for a share of Common Stock on the principal securities exchange or market on which the Common Stock is traded for the 20 consecutive business days before the date in question (the "Average Closing Price"); provided, however, that the Fair Market Value of a share of Common Stock for purposes of determining the initial number of shares of Common Stock to be pledged as of the date of this Agreement shall be $78.1445 per share of Common Stock; and provided, further, that in connection with any taking of ownership by GS Inc. of Pledged Securities under Section 3 hereof, the Average Closing Price shall be determined as the average of the daily closing prices for a share of Common Stock on the principal securities exchange or market on which the Common Stock is traded for the 20 consecutive business days before the date the Enforcement Notice (as hereafter defined) was given, and (2) otherwise, the fair market value thereof as determined in good faith by GS Inc. Any good faith determination by GS Inc. of the Fair Market Value of any Pledged Security will be binding on Pledgor. 2. Administration of Security. The following provisions shall govern the administration of Pledged Securities: (a) So long as no Payment Event (as defined below) has occurred and is continuing, Pledgor shall (subject to any restrictions imposed under the Shareholders' Agreement) be entitled to vote Pledged Securities and to exercise all of Pledgor's rights under the Shareholders' Agreement, if applicable, in respect of the Pledged Shares, and to receive and retain all regular quarterly cash dividends and distributions and, except as set forth in Section 2(b) below, other distributions thereon and to give consents, waivers and ratifications in respect thereof. As used herein, a "Payment Event" shall mean the failure by Pledgor to make any payment of the Payment Amounts upon demand by GS Inc. therefor as provided in the Member Agreement. (b) If Pledgor becomes entitled to receive, or receives, any certificate representing Pledged Securities (or other security that may succeed Pledged Securities or any security issued as a dividend or distribution in respect of Pledged Securities) in respect of any stock split, reverse stock split, stock dividend, spinoff, splitup, merger or other combination, exchange or distribution in connection with any reclassification, increase or reduction of capital, in each case, with respect to Pledged Securities, Pledgor agrees to accept the same as GS Inc.'s agent and to hold the same in trust on behalf of and for the benefit of GS Inc. and to deliver the same forthwith to GS Inc. in the exact form received, with the endorsement of Pledgor when deemed necessary or appropriate by GS Inc. of undated security transfer powers duly executed in blank, to be held by GS Inc., subject to the terms of this Agreement, as additional collateral security for the Payment Amounts. (c) Pledgor hereby agrees that GS Inc. is authorized to hold Pledged Securities through one or more custodians. GS Inc. and its agents (and its and their assigns) shall have no obligation in respect of Pledged Securities, except to hold and dispose of the same in accordance with the terms of this Agreement. In the event that Pledgor substitutes cash for Pledged Securities as provided in Section 1(b) or 1(c), such cash shall be invested, in GS Inc.'s sole discretion, in any of the following: (i) obligations issued or guaranteed by the United States of America or any agency or instrumentality thereof; (ii) certificates of deposit of or accounts with national banks or corporations endowed with trust powers having capital and surplus in excess of $100,000,000; (iii) commercial paper at the time of investment rated A-1 by Standard & Poor's Corporation or Prime-1 by Moody's Investor's Service, Inc.; and (iv) obligations issued by any state or municipality of the United States. (d) Pledgor agrees with GS Inc. that: (i) Pledgor will not, and will not purport to, grant or suffer liens or encumbrances against (excluding for such purpose the Shareholders' Agreement), or except as provided in Section 1(c), sell, transfer or dispose of, any Pledged Securities other than to or in favor of GS Inc.; (ii) GS Inc. is authorized, at any time and from time to time, to file financing statements and give notice to third parties regarding Pledged Securities without Pledgor's signature to the extent permitted by applicable law, to transfer all or any part of Pledged Securities to GS Inc.'s name or that of its nominee, and, subject to the provisions of Section 2(a), to exercise all rights as if the absolute owner thereof; and (iii) Pledgor has provided GS Inc. with Pledgor's true legal name and principal residence, and Pledgor will not change Pledgor's name without 30 days' prior written notice to GS Inc. (e) Subject to the earlier disposition and application of Pledged Securities pursuant to this Agreement following a Payment Event, Pledged Securities shall be released from the pledge hereunder, and the lien hereby created in such Pledged Securities shall simultaneously be released, upon the earliest to occur of (i) Pledgor's death, (ii) the later of three years from the Effective Time and two years following the date of termination of the Employment Period (as such term is defined in the Member Agreement), or (iii) five years from the date of the Member Agreement, and all remaining Pledged Securities shall be thereupon released from the pledge hereunder and this Agreement shall terminate. As provided in Section 1(c), Pledged Securities shall also be released from the pledge hereunder in connection with permitted sales of Pledged Securities. Notwithstanding the foregoing, no Pledged Securities shall be released from the pledge hereunder pursuant to this Section 2(e), if there are one or more pending disputes between Pledgor and GS Inc. as to the occurrence of a Payment Event or as to the right of GS Inc. or the Firm to exercise its remedies under this Agreement or the Member Agreement, including realization against Pledged Securities in accordance with Section 3 hereof, and this Agreement shall not terminate until the resolution of all such disputes. (f) GS Inc. shall immediately upon request by Pledgor execute and deliver to Pledgor such instruments, deeds, transfers, assurances and agreements, in form and substance as Pledgor shall reasonably request, including the withdrawal or termination of any financing statements and amendments thereto, or the filing, withdrawal, termination or amendment of any other document required under applicable law to evidence the termination of the security interest created hereunder with respect to any securities that are released from the pledge hereunder in accordance with the provisions of this Agreement. 3. Remedies in Case of a Payment Event. If a Payment Event has occurred and is continuing, GS Inc. shall have the rights and remedies of a secured party under Article 9 of the UCC. To the extent required and permitted by applicable law, GS Inc. will give Pledgor notice of the time and place of any public sale or of the time after which any private sale or other disposition of Pledged Securities is to be made, by sending notice at least three days before the time of sale or disposition, which Pledgor hereby agrees is reasonable. GS Inc. need not give such notice if not required by the UCC. Pledgor acknowledges the possibility that the public sale of some or all Pledged Securities by GS Inc. may not be made without a then existing and effective registration statement under the Securities Act. Pledgor acknowledges and agrees with GS Inc. that GS Inc. has no affirmative obligation to prepare or keep effective any such registration statement and agrees that at any private sale Pledged Securities may be sold at a price that is less than the price which might have been obtained at a public sale or that is less than the aggregate outstanding amount of the Payment Amounts. For so long as Pledged Securities consist of securities of a type customarily sold in a recognized market or which are the subject of widely distributed standard price quotations, following a Payment Event GS Inc. may, as its remedy hereunder, take ownership of such number of Pledged Securities as are necessary (based upon the Fair Market Value thereof) to satisfy the then unpaid portion of the Payment Amounts (without payment of any cash consideration) by giving written notice to Pledgor (the "Enforcement Notice"). Effective upon the giving of the Enforcement Notice, and without further action on the part of the parties to this Agreement, GS Inc. shall be deemed to have (1) taken ownership and disposed of the lesser of (A) all Pledged Securities or (B) such whole number of Pledged Securities as has a Fair Market Value at least equal to the then unpaid Payment Amounts; and (2) received proceeds in the amount of the Fair Market Value of such Pledged Securities and applied such proceeds to the payment of any then Payment Amounts. Any excess net proceeds from the deemed sale of such Pledged Securities will continue to be held as Pledged Securities under this Agreement until returned in accordance with Section 2(e). Nothing in this Agreement, however, shall require the Firm to take ownership of Pledged Securities in accordance with this Section 3 in order to satisfy Pledgor's obligation to pay the Payment Amounts. 4. Pledgor's Obligations Not Affected. Except as provided in Section 9(b), the obligations of Pledgor under this Agreement shall remain in full force and effect without regard to, and shall not be impaired or affected by (a) any subordination, amendment or modification of or addition or supplement to this Agreement, the Member Agreement, the Merger Agreement or any assignment or transfer thereof; (b) any exercise or non-exercise by GS Inc. of any right, remedy, power or privilege under or in respect of this Agreement, the Member Agreement, Merger Agreement or any waiver of any such right, remedy, power or privilege; (c) any waiver, consent, extension, indulgence or other action or inaction in respect of this Agreement, the Member Agreement, Merger Agreement or any assignment or transfer of any thereof; (d) any bankruptcy, insolvency, reorganization, arrangement, readjustment, composition, liquidation or the like, of GS Inc., whether or not Pledgor shall have notice or knowledge of any of the foregoing; (e) any substitution of collateral pursuant to Sections 1(b) or 1(c); or (f) any other act or omission to act or delay of any kind by Pledgor, GS Inc. or any other person or any other circumstance whatsoever which might, but for the provisions of this clause (f), constitute a legal and equitable discharge of Pledgor's obligations hereunder. 5. Attorneys-in-Fact. Each of GS Inc., and each General Counsel (or co-General Counsel) of GS Inc. from time to time, acting separately, are hereby appointed the attorneys-in-fact of Pledgor for the purpose of carrying out the provisions of this Agreement and taking any action and executing any instrument that GS Inc. reasonably may deem necessary or advisable to accomplish the purposes hereof, which appointments as attorneys-in-fact are irrevocable as ones coupled with an interest. 6. Termination. Upon the earliest to occur of the events set forth in Section 2(e)(i), (ii) and (iii) hereof, this Agreement shall terminate and GS Inc. shall return to Pledgor the remaining Pledged Securities, except as otherwise provided in such Section. 7. Notices. All notices or other communications required or permitted to be given hereunder shall be delivered as provided in the Member Agreement. 8. No Third Party Beneficiaries. Except as expressly provided herein, this Agreement shall not confer on any person other than the Firm and Pledgor any rights or remedies hereunder. 9. Miscellaneous. (a) This Agreement, the Member Agreement and the Merger Agreement contain the entire understanding and agreement between Pledgor and GS Inc. with respect to the matters expressly covered therein and supersede any other agreement, written or oral, pertaining to such matters. (b) This Agreement may not be amended or modified other than by a written agreement executed by Pledgor and GS Inc. or its successors, nor may any provision hereof be waived other than by a writing executed by Pledgor or GS Inc. or its successors; provided, that any waiver, amendment or modification of any of the provisions of this Agreement will not be effective against the Firm without the written consent of the Chief Executive Officer of GS Inc. or its successors, or such individual's designee. Pledgor may not, directly or indirectly (including by operation of law), assign Pledgor's rights or obligations hereunder without the prior written consent of the Chief Executive Officer of GS Inc. or its successors, or such individual's designee, and any such assignment by Pledgor in violation of this Agreement shall be void. This Agreement shall be binding upon Pledgor's permitted successors and assigns. Without impairing Pledgor's obligations hereunder, GS Inc. may at any time and from time to time assign its rights and obligations hereunder to any of its subsidiaries or affiliates (and have such rights and obligations reassigned to it or to any other subsidiary or affiliate). This Agreement shall be binding upon and inure to the benefit of the Firm and its assigns. (c) If any provision of this Agreement is finally held to be invalid, illegal or unenforceable (whether in whole or in part), such provision shall be deemed modified to the extent, but only to the extent, of such invalidity, illegality or unenforceability and the remaining provisions shall not be affected thereby. (d) THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAWS, AND SHALL BE SUBJECT TO THE PROVISIONS OF SECTIONS 19, 20 AND 21 OF THE MEMBER AGREEMENT. (e) The captions in this Agreement are for convenience of reference only and shall not define or limit the provisions hereof. (f) This Agreement may be executed (including by facsimile transmission) in one or more counterparts, each of which shall be deemed an original and all such counterparts together shall constitute one and the same instrument. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and delivered on the date first above written. THE GOLDMAN SACHS GROUP, INC. By:_____________________________________ Name: Title: PLEDGOR By:_____________________________________ Name: -----END PRIVACY-ENHANCED MESSAGE-----