Threshold reference: Aggregate purchase price of all Units acquired by Investors less than or equal to $1.5 billion.
This document page outlines the complex equity structure and transfer restrictions for entities under the 'Knowledge Universe' umbrella (KUE, KUH, KULG), controlled by unnamed 'Principals.' It details the distribution of LP Units, Class A and B Shares, and Profits Participation Units based on financial milestones, including a $1.5 billion investor purchase threshold. The text specifies that shares are generally non-transferable except to the Principals, their affiliates, or for estate planning purposes.
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