Class "A" Holdings
Principally Designed for Firm Mandated Administrative Holdings and High Net-Worth Depositors*
Class "A" holdings comprise a minimum of 10% of the total value of the Templar portfolio. Class "A" interests are classified as the most risk tolerant positions. In exchange for providing protection against principal loss to all subordinate tiers, classes, and debts, Class "A" holdings are awarded insulation fees, paid from the gains of subordinate Classes and Tiers, in addition to the gains owed commensurate to principal contribution. Owners of Class "A" interests possess the greatest voting strength of all Classes (as defined in the Member Agreement/Prospectus).