SUBSCRIPTION AGREEMENT

1. Agreement of Subscriber to Become a Limited Partner. The undersigned subscriber (the “Subscriber”) hereby agreesto (a) become a limitedpartner in SunrisePadel Capital PartnersII VC, LP, a limited partnership formed under the laws of the State of Delaware(the “Partnership”), on the termsof the Amended and Restated Agreementof Limited Partnership of the Partnership, as the same may be amended, restated, supplemented, waivedor otherwise modifiedfrom time to time in accordance with its terms (the “Partnership Agreement”), (b) adhere to, comply with, be bound by and receive the benefits of the termsof the Partnership Agreement and such terms are hereby incorporated by reference as if set out herein in full, including the power of attorney granted therein, and (c) make aggregate cash contributions to the capital of the Partnership pursuant to a “Capital Commitment” (as defined in the Partnership Agreement) in the aggregate commitment amount accepted by Sunrise Padel Capital Partners II VC GP, LLC, the general partner of the Partnership (the “General Partner”), which amount shall be set forth above the General Partner’s signature on an acceptance page (the “General Partner Acceptance Page”) that references this subscription agreement (this “Subscription Agreement”), and which accepted commitment amount shall in no event be more than the requested commitment amount set forth in the space provided for the “Subscriber’s Commitment Amount”on the signature page to this Subscription Agreement; provided if the commitment amount in the General Partner Acceptance Page is left blank, the requested commitment amount set forth in the space provided for the “Subscriber’s Commitment Amount” on the signature page to this Subscription Agreementinstead shall be the acceptedcommitment amount (the “Commitment” and, collectively with the amounts that the other partners in the Partnership have agreed to contribute to the capital of the Partnership, and in each case the General Partnerhas agreed to accept, the “Commitments”). The Subscriber agreesto fund its Commitment in such amounts,at such timesand in such manner as called for by the General Partnerin accordance with the Partnership Agreement. The GeneralPartner’s acceptance of this Subscription Agreementshall bind the Subscriber as a LimitedPartner and a party to the Partnership Agreement and, following such acceptance, the Subscriber shall be admittedas a Limited Partner and shall have all the rights of, and shall comply with all the obligations of, a Limited Partner as set out in the Partnership Agreement. The General Partner may accept in its sole discretion all or any portion of the requested commitment amount set forth above the Subscriber’s signature on the signature page to this Subscription Agreement and may accept all or any remaining portion of such requested commitment amount at one or more subsequent closings, in each case as reflected on the original General Partner Acceptance Page or an additional General Partner Acceptance Page with respectto such remaining portion then accepted, in each case by execution and delivery to the Partnership of such GeneralPartner Acceptance Page or notice to the Partnership of the execution thereof. Prompt notice of such acceptance also will be given to the Subscriber either by delivery of a copy of the applicable General Partner Acceptance Page signed by the General Partneror other noticeof such execution. If so accepted, this Subscription Agreement may not be canceled, terminated or revoked by the Subscriber, except and only to the extent expressly provided for by applicable law in certainjurisdictions outside the United States.Unless otherwise defined herein, capitalized terms used in this Subscription Agreement will have the meanings ascribedto such terms in the Partnership Agreement. Signatures related to this Subscription Agreement may be delivered via electronic mail (including pdf or any electronic signature complying with the U.S. federal ESIGN Act of 2000, e.g., www.docusign.com) or other transmission method and any counterpart so delivered shall be deemed to have been duly and validly delivered and be valid and effective for all purposes.

1. Investor Qualification Statementand Tax Forms. The Subscriber represents, warrants and agrees that all of the statements, answers, information and, as applicable, covenants in the Investor Qualification Statement that the Subscriber has completed (together with all similar and/or related statements (e.g., the additional Supplemental Investor Qualification Statements, if applicable) and/or agreements required to be completed with respect to the Subscriber’s Commitment (e.g., by certain direct or indirect owners or control persons or entities), the “Investor Qualification Statement”) and each Form W-9, Form W-8BEN, Form W-8BEN-E, Form W-8IMY, Form W-8EXP, and/or Form W-8ECI that the Subscriber has delivered to the General Partner (collectively, the “Tax Forms”) are true and correct as of the date hereof, will be true and correct as of the date and/or dates of the acceptance of this subscription and, as of each such date, do not and will not omit to state any material fact necessary in order to make the statements contained therein not misleading.
2. Consent to Electronic Delivery of Partnership Documents, Correspondence, Reports and Tax Information. The Subscriber hereby consents to the Partnership, the General Partner and/or the Administrator delivering to the Subscriber certain correspondence in respect of the Partnership through electronic delivery only (rather than in paper form), which includes postingto a password protected website or, if determined by the GeneralPartner in its sole discretion, via email. Such correspondence in respect of thePartnership includes, but is not limited to, investor communications, investor reports, notices(including privacy notices), letters to investors, annual audited financial statements, consents and waivers, tax forms (including SchedulesK-1), regulatory communications and other information, all current and future account statement documents, data and records regardingthe Subscriber’s investment in the Partnership (including the Offering Materials and any potential amendments, waivers, supplements, consents or modifications related thereto) and other documents or information to be provided to the Subscriber that relate to the offering of Interests and the Subscriber’s investment in the Partnership (collectively, “Investment Documents”). In connection with providing this consent (the “Consent”), the Subscriber hereby (i) agrees totake such actionsas may be necessary to meet all criteria relatedto this Consentunder existing and future applicable laws and (ii) further acknowledges the following: of the withdrawal of the Consent,the Subscriber shouldcontact the General Partner to confirm receipt by such parties of the withdrawal request.

1. Subject to paragraph 3(d) above, the Subscriber agrees that (i) provision of Investment Documents through electronic mail or on a website or web portal as provided above will constitute good and effective delivery of those documents to the Subscriber, regardless of whether the Subscriber actually accesses, views or otherwise retrieves the information from the electronic mail or the website or web portal; and (ii) the General Partner may, but is not required to, send the Subscriber copies via facsimileor paper copies of any documents it is entitledto deliver to the Subscriber electronically.
2. The Partnership will cease providing Schedules K-1 electronically if applicable regulations change so as to prohibit electronic delivery. The Partnership will cease providing Investment Documents, electronically or otherwise, if the Subscriber ceases to be a partner of the Partnership.
3. Certain Investment Documents, such as SchedulesK-1, may be required to be printed and attached to a U.S. federal, state or local income tax return.
4. Representations, Warranties and Covenants of the Subscriber. In connection with the Subscriber’s agreement to subscribe for limited partner interests in the Partnership (the “Interests”), the Subscriber represents, warrants and covenants to the GeneralPartner as of the date hereof and through and including each date that this Subscription Agreement is acceptedin whole or in part by the General Partner as follows:is within the Subscriber’s right,power and capacityto execute this Subscription Agreement, the Tax Forms, the Investor Qualification Statement, the AML Checklistand all agreements contemplated hereby and thereby,to invest in the Partnership and to fund its Commitment as contemplated by, and in accordance with, this Subscription Agreement and the Partnership Agreement. If the Subscriber lives in a community propertystate in the United States,either (A) the source of the Subscriber’s Commitment will be the Subscriber’s separate property and the Subscriber will hold the Interests as separate property,or (B) the Subscriber alone has the authority to bind the community property of his or her marital estate with respect to this Subscription Agreement, the Tax Forms, the Investor Qualification Statement, the AML Checklist and all agreements contemplated hereby and thereby.

1. If the Subscriber is a corporation, limited liability company, partnership, trust, retirement system or other entity, the Subscriber is duly organized, formed or incorporated, as the case may be, and the Subscriber is authorized, empoweredand qualified to execute this Subscription Agreement, the Tax Forms, the Investor Qualification Statement, the AML Checklist and all agreements contemplated hereby and thereby, to invest in the Partnership and to fund its Commitment as contemplated by, and in accordance with, this Subscription Agreement and the Partnership Agreement. The individual signing this Subscription Agreement, the. Tax Forms, the Investor Qualification Statement, the AML Checklist and all agreements contemplated hereby and thereby on the Subscriber’s behalf has been duly authorized to do so.

1. Execution; Binding Obligation. The Partnership Agreement shall become binding upon the Subscriber on the laterof (i) the date of the Partnership Agreement and (ii) the date,if any, that the General Partner accepts this subscription in whole or in part. Each of this Subscription Agreement, the Partnership Agreement (including Section 14.07thereof), the Investor Qualification Statement, the AML Checklist, the Tax Forms and all other documents or agreements executed and delivered by the Subscriber in connection herewith (each, a “Subscription Document”, and collectively, the “Subscription Documents”) is a valid and binding agreement or instrument, as applicable, enforceable against the Subscriber in accordance with its terms. The Subscriber understands that, upon acceptance by the General Partner and except as explicitly providedfor by law in certainjurisdictions outside the United States, the Subscriber is not entitled to cancel, terminate or revoke this Subscription Agreement or any of the powers conferred herein. The Subscriber hereby covenants and agrees on behalf of itself and its successors and assigns, without further consideration, to prepare, execute, acknowledge, file, record, publish and deliver such other instruments, documents and statements and to take such other actions as the General Partner may determine to be necessary or appropriate to effectuate and carry out the purposes of any Subscription Document.
2. No Conflict. The execution and delivery of and/or adherence to, as applicable, the Subscription Documents by or on behalf of the Subscriber, the consummation of the transactions contemplated hereby and the performance of the Subscriber’s obligations under any Subscription Document will not conflict with, or result in any violation of or default under, any provision of any governing instrument applicable to the Subscriber, or any agreement or other instrument to which the Subscriber is a party or by which the Subscriber or any of its properties is bound, or any U.S. or non-U.S. permit, franchise, judgment, decree, statute, order, rule or regulation applicable to the Subscriber or the Subscriber’s business or properties.
3. Offering Materials and Other Information. The Subscriber has a pre-existing and substantive personal or business relationship with the General Partner and/or any of its principals, agents or Affiliates.The Subscriber has received and read a copy of this Subscription Agreement (including Exhibit B hereto) and the copy of the Partnership Agreement provided to the Subscriber before the General Partner’s initial acceptance of any of the Subscriber’s requested commitment amount (together, the “Offering Materials”), and the Subscriber has relied on nothing other than the Offering Materials in deciding whether to make an investment in the Partnership. In addition, the Subscriber acknowledges that the Subscriber has been given the opportunity to (i) ask questions and receive satisfactory answers concerning the terms and conditions of the offering, (ii) perform its own independent investigations and (iii) obtainadditional information in order to evaluate the merits and risks of an investment in the Partnership and to verify the accuracy of the information contained in the Offering Materials. No statement, printed material or other information that is contrary to the information contained in the Offering Materials has been given or made by or on behalf of the General Partner and/or the Partnership to the Subscriber. The Subscriber has consulted to the extent deemed appropriate by the Subscriber with the Subscriber’s own advisers as to the financial, tax, legal, accounting, regulatory and related mattersconcerning an investment in the Interests and on that basis understands the financial, tax, legal, accounting, regulatory and related the Interests, and believes that an investment in the Interests is suitable and appropriate for the Subscriber.

understand and deem the failure by the Subscriber to respond in writing to such requeststo be an affirmation and restatement of the representations, warranties and covenants in this Section 4(g).

1. Investment Company Act Matters. The Subscriber understands that: (i) the Partnership does not intend to registeras an investment company under the U.S. Investment Company Act of 1940, as amended, and the rules and regulations promulgated thereunder (the “Investment Company Act”), and (ii) the Subscriber will not be afforded the protections provided to investors in registered investment companies under the Investment Company Act. Except as expresslyindicated on the Investor Qualification Statement, the Subscriber was not formed or reformed (as interpreted under the Investment Company Act) for the specific purpose of making an investment in the Partnership, and, under the ownership attribution rules promulgated under Section 3(c)(1) of the Investment Company Act, no more than one person will be deemed a beneficial owner of the Subscriber’s Interest. If the Subscriber has indicated in the Investor Qualification Statement that it is a “qualified purchaser,” then the Subscriber is a “qualified purchaser” as that term is defined under the Investment Company Act.
2. Acknowledgement of Risks; Restrictions on Transfer. The Subscriber recognizes that: (i) an investment in the Partnership involves certain risks, (ii) the Interests will be subject to certain restrictions on transferability as described in the Partnership Agreement and (iii)as a result of the foregoing, the marketability of the Interests will be severely limited. The Subscriber agreesthat it will not transfer, sell, assign, pledge,encumber, mortgage, divide, hypothecate or otherwise dispose of all or any portion of the Interests in any manner that would violatethe Partnership Agreement, the Securities Act or any U.S. federalor state or non-U.S. securities laws or subject the Partnership or the General Partner or any of its affiliates to regulation under (or make materially more burdensome for such Person any regulatory requirement under) the Investment Company Act or the U.S. Investment Advisers Act of 1940, as amended, and the rules and regulations promulgated thereunder (the “Investment Advisers Act”), the rules and regulations of the U.S. Securities and Exchange Commission or the laws and regulations of any U.S. federal, state or municipal authority or any non-U.S. governmental authority having jurisdiction thereover.
3. Additional Investment Risks. The Subscriber is aware that: (i) the Partnership has no financial or operating history, (ii) investment returns, if any, set forth in any materials provided by the General Partner are not necessarily comparable to or indicative of the returns, if any, that may be achieved on investments made by, or in, the Partnership, (iii) the General Partner or a person or entity selected by the General Partner (which may be a manager, member, shareholder, partner or affiliate thereof) will receive substantial compensation in connection with the management of the Partnership, and (iv) no U.S. federal, state or local or non-U.S. agency, governmental authority or other person has passed upon the Interests or made any finding or determination as to the fairness of this investment.
4. No Financing of Minimum Commitment Amount. The Subscriber represents and warrants that the portion of its Commitment that constitutes its Minimum Investment Amount is not beingfinanced in whole or in part by any third party for the specificpurpose of makingan investment in the Partnership. “Minimum Investment Amount” means (i) for Subscribers who are naturalpersons, $200,000, (ii) for Subscribers that are legalentities and qualifyas “accredited investors” pursuant to Rule 501(a)(3), Rule 501(a)(7), Rule 501(a)(9) or Rule 501(a)(12) under the Securities Act, $1,000,000 and (iii) for Subscribers that are legal or (B) if the Subscriber’s equity owners solelyconsist of fewer than five naturalpersons, $200,000 for each such equity ownerof the Subscriber. If the Subscriber is making the representation and warranty in the foregoing clause (iii), theSubscriber hereby furtherrepresents and warrantsthat (w) each of its equity ownersare accredited investors, as defined in Rule 501(a)(3), Rule 501(a)(5), Rule 501(a)(6), Rule 501(a)(7), Rule 501(a)(9), or Rule 501(a)(12), (x) each equity owner of the Subscriber that is an entityhas made a commitment to the Subscriber of at least $1,000,000, (y) each equity owner of the Subscriber that is a natural person has made a commitment to the Subscriber of at least $200,000 and (z) none of the foregoing commitments set forth in clause (x) or clause (y) made by the equity owners of the Subscriber was financed in whole or in part by any third party for the specific purpose of making an investment in the Subscriber.

1. Investment Advisers Act Matters. None of the General Partner, its owners, its managers and any other person or entity selected by the General Partner to act as an agent of the Partnership with respect to managing the investments of the Partnership currently is registered under the Investment Advisers Act. The Subscriber will not be afforded the protections provided to clients of registered investment advisers under the Investment Advisers Act. However, the General Partnerand/or any of its owners or managers,and/or any other person or entity selected by the General Partner to act as investment adviser, manager and/or agent of the Partnership in managing its investments reserve the right, in the sole discretion of any such Person, to register as an investment adviser under the Investment Advisers Act. The Subscriber, as well as any direct or indirectbeneficial owner of the Subscriber that would be identified as a “client” under Rule 205-3 under the Investment Advisers Act, is a “qualified client” within the meaning of the Investment Advisers Act and the rules and regulations promulgated thereunder. The Subscriber agrees that the General Partner and the Partnership may provide in any electronic medium (including via email or website access) any disclosure or document that is required by applicable law to be provided to the Subscriber. The Subscriber acknowledges and agrees that the General Partnerhas advised the Subscriber of its intentionto sell to the Partnership all or a portionof one or more investments in which the General Partneror one or more of its affiliates has or will have an interest, and that the Subscriber has been given the opportunity to ask questions and obtain information (including pricing information) regarding such sale(s). The Subscriber herebyconsents to the consummation of each such salein compliance with the terms of the Partnership Agreement. In addition, the Subscriber hereby agrees that the board or committee designated in the Partnership Agreement to provide Investment Advisers Act approvals on behalf of the Subscriber is appointed and authorized to do so on behalf of the Subscriber, including any approvals required under Section206(3) of the Investment AdvisersAct and any consent to a transaction that would result in any “assignment” (within the meaning of the Investment Advisers Act) with respect to the General Partner, the Manager, or any investment advisory affiliate of the General Partner.
2. Tax Status of Flow-Through Subscriber. If the Subscriber is a partnership, a limited liability company treated as a partnership for U.S. federal income tax purposes, a grantor trust (within the meaning of Sections 671-679of the U.S. Internal RevenueCode of 1986, asamended (the “Code”)) or an S corporation (withinthe meaning of Code Section1361) (each a “flow-through entity”), the Subscriber represents and warrants that either: interestin the Subscriber is attributable to the Subscriber’s investment in the Partnership; or
3. if one or more persons or entities will own, directly or indirectly through one or more flow-through entities, an interest in the Subscriber such that more than 65% of the value of such person’s or entity’s interestin the Subscriber is attributable to the Subscriber’s investment in the Partnership, neither the Subscriber nor any such person or entity has or had any intentor purpose to cause such person (or persons) or entity (or entities) to invest in the Partnership indirectly through the Subscriber in order to enable the Partnership to qualify for the 100-partner safe harbor under 
4. Benefit Plan InvestorStatus of Subscriber. The Subscriber represents and warrants that, except as disclosed by the Subscriber to the General Partner in the Investor Qualification Statement, the Subscriber is not (i) an “employeebenefit plan” that is subject to Title I of the U.S. Employee Retirement Income Security Act of 1974, as amended (“ERISA”), (ii) an individual retirement account or annuity or other “plan” that is subject to Code Section 4975, or (iii) a fund of funds, an insurance company separate account or an insurance companygeneral account or another entity or account(such as a group trust), in each case whose underlying assets are deemed under the U.S. Department of Labor regulation codified at 29 C.F.R. Section 2510.3-101, as modified by Section 3(42) of ERISA (the “Plan Asset Regulation”), to include “plan assets” of any “employee benefit plan”subject to ERISAor “plan” subjectto Code Section4975 (each of clause (i)through (iii), a “Benefit Plan Investor”). If the Subscriber has indicated in the Investor Qualification Statement that it is not a Benefit Plan Investor, it represents, warrants and covenants that it shall not become a Benefit Plan Investor for so long as it holds Interests. Investors, “Plans”), the Subscriber makes the following representations, warranties and covenants:
5. The Plan’s decisionto invest in the Partnership was made on an arms’ length basis byduly authorized fiduciaries in accordance with the Plan’sgoverning documents, which fiduciaries (each a “PlanFiduciary”) (I) are independent of the Partnership, the General Partner, the Manager, and their respective affiliates, (II) are capable of evaluating investment risks and exercising independent judgment with regard to the Plan’s prospective investment in the Partnership and (III) are fiduciaries under ERISA and/or the Code or any other U.S. federal, state or local or non-U.S. law substantially similar to ERISA or Code Section 4975 (“Similar Law”), as applicable, with respect to the decision to invest in the Partnership.

1. None of the Partnership, the General Partner, the Manager, or any of their respective affiliates has undertaken to provide any advice or recommendation to any Plan Fiduciary, including in a fiduciary capacity, and no such advice nor any such recommendation was relied upon by any Plan Fiduciaries in deciding to invest in the Partnership. Such Plan Fiduciaries have considered any fiduciary duties or other obligations arising under ERISA, Code Section 4975 and any other Similar Law, including any regulations, rules and procedures issued thereunder and related judicial interpretations, in determining to invest in the Partnership, and such Plan Fiduciaries have independently determined that an investment in the Partnership is consistent with such fiduciary duties and other obligations.

1. No discretionary authority or control was exercised by the Partnership, the General Partner, the Manager, or any of their respective affiliates in connection with the Plan’s investment in the Partnership. No individualized investment advice was providedto the Plan or the Plan Fiduciaryby the Partnership, the GeneralPartner, the Manager, or their respective affiliates based upon the Plan’s investment policies or strategies, overall portfolio composition or diversification with respect to its investment in the Partnership.
2. The Subscriber acknowledges and agrees that the Partnership does not intend to hold plan assets of the Plan and that none of the Partnership, the General Partner, the Manager, or any of their respective affiliates will act as a fiduciary to the Plan under ERISA, the Code or any Similar Law with respect to the Subscriber’s purchase or retention of an Interest in the Partnership or the management or operation of the Partnership.
3. Assuming the assetsof the Partnership are not “plan assets”within the meaningof Section 3(42) of ERISA, the Subscriber’s acquisition and holding of Interests will not constitute or result in a non-exempt “prohibited transaction” under ERISA or Code Section 4975 or a violation of any Similar Law.
4. The information providedin Part IV of the Investor Qualification Statement, if the Subscriber is a natural person or alter-ego thereof, or Part V of the Investor Qualification Statement, if the Subscriber is an entity,is true and accurate as of the date hereof; such information will remain true and accurate for so long as the Subscriber holds Interests in the Partnership; and the Subscriber agrees to notify the Partnership immediately if it has any reason to believe that it is or may be in breach of the foregoing representation and covenant. Partnership by the Subscriber and no distribution to the Subscriber shall cause the Partnership or the General Partner to be in violation of any applicable U.S. federal or state or non-U.S. laws or regulations, including anti- money laundering, Sanctions, anti-bribery or anti-boycott laws or regulations, including the Uniting and Strengthening Americaby Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT ACT) Act of 2001 and the Foreign Corrupt Practices Act, (C) all capital contributions or payments to the Partnership by the Subscriber will be made through an account located in a jurisdiction that does not appear on the list of boycotting countries published by or has engaged,or will engage, in activities that could resultin being designated a Sanctioned Personor on any list of restricted partiesmaintained by the U.S. federal government and (E) the Subscriber otherwise will not engage in any businessor other activities that could causethe Partnership to be in violation of applicable anti-money laundering, Sanctions, anti-bribery or anti-boycott laws or regulations. The Subscriber acknowledges and agrees that, notwithstanding anything to the contrarycontained in the Partnership Agreement, any side letteror any other agreement, to the extent required by or deemed advisable by the General Partner under any anti-money laundering, Sanctions, anti-bribery or anti-boycott law or regulation, the Partnership and the GeneralPartner may prohibitadditional capital contributions, restrict distributions or take any other reasonably necessary or advisable action with respect to the Interests, and the Subscriber shall have no claim, and shallnot pursue any claim, againstthe Partnership, the General Partner or any other Person in connection therewith.

1. has a fixedaddress, other than solely an electronic address,in a country in which the Non-U.S. Bank is authorized to conduct banking activities;
2. employs one or more individuals on a full-time basis;
3. maintains operating recordsrelated to its banking activities;
4. is subject to inspection by the banking authority that licensed the Non-U.S. 
5. does not provide banking services to any other Non-U.S. Bank that does not have a physical presence in any country and that is not a regulated affiliate.  313.9(c)(2) of the FTC’s Final Privacy Rules. The Subscriber understands that, at any time subsequent to the date hereof, it may elect to receive any information contemplated by clauses (A) and (B) above, but only to the extent that the General Partner is required by applicable law to deliver such information, by providing reasonable prior written notice to the General Partner to such effect.
6. If the California Consumer Privacy Act of 2018 applies to the collection and sharing of personalinformation of the Subscriber or its partners,officers, directors, employees, shareholders, members, managers, ultimate beneficial owners or Affiliates by the General Partnerand/or its Affiliates, the Subscriber acknowledges that it has read and understood the Privacy Notice Supplement for California Residents.

1. If EU Data Protection Legislation (as defined in the EU Privacy Notice provided as applicable (the “EU Privacy Notice”)) applies to the collecting, processing or transferring of personal data of the Subscriber or its partners, officers, directors, employees, shareholders, members, managers, ultimate beneficial owners or Affiliates by the Partnership, the General Partner, the Manager or any of their respective Affiliates, the Subscriber acknowledges that it has read and understoodManageror any of their respective Affiliates and (z) the Subscriber is not a natural person (e.g., a partnership, trust, corporation or other entity), then the Subscriber hereby covenants, agrees, represents and warrants that:
2. all such personal data has been collected, processed and transferred in accordance with applicable EU Data Protection Legislation;

1. all such personal data is and will be adequate, relevant, limited to what is necessary for the purposes described in the EU Privacy Notice, accurate and up to date, in each case,to the extent required by applicable EU Data Protection Legislation; and
2. the data subjects of all such personal data have been made aware of the purposes for, and manner in, which such personal data will be processed (as set out in the EU PrivacyNotice) and have consented in writing to such processing, including the transfer of personal data to Non-Equivalent Countries (as defined in the EU Privacy Notice),in each case, to the extent required by applicable EU Data Protection Legislation.

1. Volcker Rule. The Subscriber hereby represents and warrants to the General Partner and the Partnership that the Subscriber is not a “banking entity” as such term is defined under Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Volcker Rule”) or qualifies for an exclusion, an exemption and or other relief under the Volcker Rule with respect to the ownership of interests in the Partnership, based on the currently available published regulatory guidance.
2. Additional Representations for Non-U.S. Subscribers. If the Subscriber is (i) not a United States Person, (ii) an EEA Subscriber, UK Subscriber or Swiss Subscriber (each as defined in Appendix I to this Subscription Agreement), (iii) located in Canada, or (iv) located in the Cayman Islands, the Subscriber hereby makes those additional representations applicable to residents of the Subscriber’s country of residence as specified in Appendix I to this Subscription Agreement. Any such Subscriber understands that it is such Subscriber’s responsibility to satisfy itself as to the full observance of the law of any relevant territory outside the United States in connection with the offer and sale of the Interests, including obtaining any required governmental or other consent and observing any applicable formalities.
3. FATCA and other Automatic Exchangeof Information Regimes.

1. to satisfy reporting obligations imposed by any AEOI Regime, for the Partnership or any Alternative Investment Vehicle to enter into any agreement required pursuant to any AEOI Regime, or
2. to comply with the terms of such an agreement on an annual or more frequent basis.  to this Subscription Agreement or the Partnership Agreement, is referred to herein as “Tax Information.”
3. The Subscriber acknowledges and agrees that, for itself, and for and on behalf of its beneficial owners and controllers as applicable, it waives, and/or shall cooperate with the Partnership and the General Partner to obtain a waiver of, the provisions of any law that (A) prohibits the disclosure by the General Partner or the Partnership, or by any of theirrespective agents or Affiliates, of the information or documentation requested from the Subscriber, (B) prohibits the reporting of financial or account information by the General Partner or the Partnership, or by any of their respective agents or Affiliates, required pursuant to AEOI RegimesorGeneralPartner or the Partnership with their obligations under AEOI Regimes.

1. The Subscriber acknowledges that if it fails to supply any Tax Information required pursuant hereto on a timely basis or provides any Tax Information that is in any way misleading, the Subscriber, the Partnership and/orany Alternative Investment Vehicle may be subject to withholding taxes pursuant to AEOI Regimes. The Subscriber hereby agrees to indemnify and hold harmless the Partnership, any Alternative Investment Vehicle, and their partners or other owners against any such withholding taxes or any other penalties that may arise as a result of the Subscriber’s action, inaction or status in connection with any AEOI Regime (including where the Subscriber’s failureto provide Tax Information is based on a statutory, regulatory or other prohibition). The Subscriber further acknowledges that its failure to comply with any requirement pursuant to this Section 4(u) (including a failure based on a statutory, regulatory or other prohibition) may result in the Partnership or any Alternative Investment Vehicle being unable to enter into orcomply with an agreement requiredpursuant to an AEOI Regime,or may cause the termination of such an agreement. Such failure may create a Material Adverse Event to which the withdrawal provisions of Section 11.09 of the Partnership Agreement would apply.
2. The Subscriber shall promptly notify the General Partner in writing if any governmental body terminates any agreement entered into with the Subscriber pursuant to any AEOI Regime.
3. The Subscriber acknowledges that any Tax Information requestedor compiled by the General Partner, the Partnership or their agents pursuant to this Subscription Agreement or any AEOI Regime, may be disclosed to (A) the IRS and U.S. Department of Treasury, (B) any other governmental body which collects information pursuant to an applicable AEOI Regime, and (C) any withholding agent wherethe provision of Tax Information is required by such withholding of any withholding tax on any payments to the Partnership or any Alternative Investment Vehicle.
4. The Subscriber further consents to the disclosure of Tax Information concerning theSubscriber and its owners to, and the collection, access,processing and storage of Tax Information concerning the Subscriber and its owners by, affiliates and agents of the Partnership, any Alternative Investment Vehicle and the General Partner, and other service providers to any of them, in any jurisdiction, including in the United Statesand in countries outside the European EconomicArea, for the purposes of (A) providingservices related to any AEOI Regime, and (B) assisting any of them with compliance with any AEOI Regime, including the disclosure by such parties of Tax Information to applicable governmental authorities or international organizations.
5. The Subscriber acknowledges that Tax Information can become subjectto the legal systems and laws in forcein each stateor country (A) where it is held, received or stored, (B) from where it is accessed in connection with providing servicesrelated to any AEOI Regime or other services, or (C) through which it passes, and such jurisdictions may not have the same data protection laws as the country in which the Subscriber is domiciled.

(ii) acknowledges and agreesthat each of the GeneralPartner and its affiliates may engage, without liability whatsoever to the Partnership or the LimitedPartners, in any and all of the activities of the type or character described or contemplated in the sectionentitled “Certain Risk Factors and Potential Conflicts of Interest” in Exhibit B hereto, whether or not such activities have or could have an effect on the Partnership’s affairs, or the affairs of any Portfolio Investment or any Portfolio Company, and no such activity shall in and of itself constitute a breach of any duty owed by any Person to the Partnership or any Limited Partner.

1.              Miscellaneous Provisions.

Subscriber under this Section 5(a) shall survive the date of admission to the Partnership as a limited partner applicable to the Subscriber. The remedies provided in this Section 5(a) shall be cumulative and shall not preclude the assertion by any Indemnified Party of any other rights or the seeking of any other remedies against the Subscriber.

1. Representations and Warranties; Additional Information. The Subscriber represents and warrants that all of the answers, statements and information set forth in this Subscription Agreement, the Investor Qualification Statement, the AML Checklist and the Tax Forms are true and correct on the date hereof and will be true and correct as of the date, if any, that the General Partner accepts this Subscription Agreement, in whole or in part. The Subscriber covenants and agrees to notify the General Partnerpromptly of any change that maycause any answer,statement or information set forth in this Subscription Agreement, the Investor Qualification Statement, the AML Checklist and/or the Tax Forms to become untrue or misleading in any material respect, and to provide such additional information that the General Partner requests from time to time and deems necessary to determine (i) the eligibility of the Subscriber to hold an Interest or participate in certain Partnership investments, (ii) the Partnership’s or the General Partner’s compliance with applicable regulatory (including tax and ERISA)requirements or (iii) the Partnership’s tax status. The Subscriber acknowledges and agrees that the General Partner intends to continue to rely upon the answers, statements and/or information set forth in this Subscription Agreement, the Investor Qualification Statement, the AML Checklist and/or the Tax Forms, including Section 4(g), until notified by the Subscriber of any change thereto. The Subscriber also covenants and agrees to provide the Partnership all information that otherwise may be reasonably requestedby the General Partner in connection with compliance with applicable law by the General Partner, the Partnership, its Portfolio Companies and their respective affiliates, including all applicable anti-money laundering, Sanctions, anti-bribery and anti- boycott laws and regulations. The Subscriber further represents and warrants that, except for any alterations to this Subscription Agreement, the InvestorQualification Statement or the AML Checklist that have been clearly marked on or prior to the date of acceptance of this Subscription Agreement or otherwise have been specifically identified in writing and accepted by the General Partner on or prior to the date of acceptance of this Subscription Agreement, the Subscriber has not altered or otherwise revised this Subscription Agreement, the InvestorQualification Statement or the AML Checklist in any mannerfrom the version initially received by the Subscriber. The Subscriber acknowledges that it participated in, or had the meaningful opportunity to participate in, the negotiations and drafting of this Subscription Agreement. In the event an ambiguityor question of intent or interpretation arises, this Subscription Agreement shall be construed to be the product of meaningful negotiations between the General Partner and the Subscriber and no presumption or burden of proof shall arise favoringor disfavoring either of them by virtue of the authorship of any of the provisions of this Subscription Agreement. The General Partner may agree to waive, modify or limit the applicability and/or scope of any representation, agreement or covenant contained in any subscription agreement, AML checklist or investor qualification statement, and any obligation(s) related thereto, with respect to any Person and any such agreementshall not be a side letter or similar agreement for purposes of Section14.14 of the Partnership Agreement. The Subscriber acknowledges and agrees that the General Partner will rely on the Tax Forms (including any Tax Forms delivered by the Subscriber in the future)provided to the Partnership or the GeneralPartner by or on behalf of the Subscriber.
2. Partnership Advisers. The attorneys, accountants and other experts and agents who perform services for the General Partner may also performservices for the Partnership, ecommenced, will continue. The General Partnermay, without the consentof any Limited Partner, executeon behalf of the Partnership any consent to the representation of the Partnership that counsel may request pursuant to the rules of professional conduct in the applicable jurisdiction. The GeneralPartner has retainedCroke Fairchild Duarte & Beres LLC (“CFDB”), as to matters of United States law, and Campbells LLP (togetherwith CFDB, “Counsel”), as to mattersof Cayman Islandslaw, in connection with the formation of the Partnership and may retain Counsel as legal counsel in connection with the management and operation of the Partnership, including making, holding and disposing of investments.Counsel will not represent the Subscriber or any other LimitedPartner or prospective limited partner of the Partnership, unless the General Partner and such Limited Partner or prospective limited partner otherwise agree, in connection with the formation of the Partnership, the offering of the Interests, the management and operation of the Partnership or any dispute that may arise between any Limited Partner,on one hand, and the General Partner,the Manager and/orthe Partnership, on the other hand (the “Partnership Legal Matters”).The Subscriber will, if it wishes counsel on any Partnership Legal Matter, retain its own independent counsel with respect thereto and will pay all fees and expenses of such independent counsel. The Subscriber agrees that Counselmay represent the General Partner,the Manager and/or the Partnership in connection with the formation of the Partnership and any and all other Partnership Legal Matters (including any disputebetween the GeneralPartner and the Subscriber or any other Partner). The Subscriber acknowledges and agrees that

(i) Counsel’srepresentation of the General Partner is limitedto the specific matters with respect to which it has been retained and consulted by such Persons,(ii) there may exist other matters that could have a bearing on the Partnership, the Partnership’s investments and Portfolio Companies, the General Partner and/or their respective affiliates as to which Counselhas been neitherretained nor consulted, 

(iii) Counsel does not undertake to monitor the compliance of the General Partner and its affiliates with the investment program and otherinvestment guidelines and procedures set forth in the Partnership Agreement and any other presentation or materials presented or provided to the Subscriber by or on behalf of the General Partner or other compliance matters, nor does Counselmonitor compliance by the Partnership, the General Partner and/or their respective affiliates with applicable laws, unless in each case Counsel has been specifically retained to do so, (iv) Counsel does not investigate or verify the accuracy and completeness of information set forth in the Offering Materials concerning the Partnership, the General Partner or any of their respective affiliates and personnel or investments or portfolio companiesand (v) except for any opinions specifically set forth in a signed opinion letter issued by Counsel, Counsel is not providing any advice, opinion, representation, warranty or other assurance of any kind as to any matter to any Limited Partner.

1. Partnership Agreement Administration and Power of Attorney. The Subscriber hereby irrevocably constitutes and appoints each of the General Partnerand any of its officers(or its successor (and any of its officers) as general partnerof the Partnership) with full power to act without others as its true and lawful representative, agent and attorney-in-fact, in its name, place and stead, to make, execute or sign, acknowledge, swear to, verify, deliver, record, file and/or publish (in each case (other than the General Partner) only for so long as such personor entity continues to be a general partnerof the General Partner) all or any such agreement, deeds, instruments, documents and/or any counterpart thereof or certificates or to take any such action as it deems necessary from time to time or as isof the Partnership, including (without limitation) the power and authority to sign, execute and deliver (or attach signature pages to):
2. the Partnership Agreement or any counterpart thereof (in such final form as is sent by the General Partner to the Subscriber and as may be amended by the General Partner in any way which in the opinion of the GeneralPartner will not materially and adversely affect the Interests of the Subscriber as a Limited Partner in the Partnership) and/or any applicable deed of adherence to the Partnership Agreement;

1. all instruments, deeds, agreements, documentsand certificates that may from time to time be necessary or advisable to effectuate, implement and continue the valid and subsisting existence of the Partnership or any Alternative Investment Vehicle and any documents to admitor cause the undersigned to be admittedas a Limited Partner of the Partnership or any Alternative Investment Vehicle; and
2. all agreements (including any subscription agreements), deeds, instruments or documents, or any counterpart thereof, relating to: (i) any transfers of Interests and/or the admission of any partners in the Partnership or any Alternative Investment Vehicle; or (ii) any amendments to the Partnership Agreement or any similar agreement for any Alternative Investment Vehicle adopted in accordance with such agreement. grantedherein are coupledwith an interestin favor of the General Partnerand each generalpartner of the General Partnerand as such (a) shall be irrevocable and continue in full force and effect notwithstanding the subsequent death, incompetency, incapacity, disability, insolvency or dissolution of the undersigned regardless of whether the Partnership, the General Partner or any general partner of the General Partner has notice thereof and (b) shall survive the delivery of an assignment by the undersigned of the whole or any portion of its Interest in the Partnership, exceptthat if the assignee thereofhas been approvedfor admission to the Partnership as a substitute Limited Partner, this agency and power of attorney given by the assignor shall survive the delivery of the assignment for the sole purpose of enabling the General Partner to execute, acknowledge and file any instrument necessary to effect the substitution.

1. Successors and Assigns. This Subscription Agreement, to the extent accepted by the General Partner, will be binding upon the Subscriber’s heirs, legal representatives, successors and permitted assigns.
2. Headings and Construction. Section headings and other headings contained in this Subscription Agreement are for reference only and are not intended to describe, interpret, define or limit the scope or intent of this Subscription Agreement. The word “includes” and its derivatives means “includes, but is not limited to” and corresponding derivative expressions in any case where such phrase is not otherwise used.
3. Governing Law. This Subscription Agreement will be governed by and construed in accordance with the laws of the State of Delaware (without giving effect to any choice of law or conflict of law rules or provisions that would cause the application of the laws of any jurisdiction other than the State of Delaware).