Chapter 14 - EXHIBIT 14A • SAMPLE MINIMUM TAX DISTRIBUTION CLAUSE

• Jurisdiction: Colorado

EXHIBIT 14A • SAMPLE MINIMUM TAX DISTRIBUTION CLAUSE SAMPLE MINIMUM TAX DISTRIBUTION CLAUSE

With respect to any year that the Company is taxed as a partnership under Section 7701 of the Code and that the Company has taxable income, a Distribution of cash to the existing Equity Owners, in proportion to their relative Sharing Ratios, in an amount equal to the "Minimum Tax Distribution Amount," as such term is defined hereafter, shall be made. The "Minimum Tax Distribution Amount" with respect to a particular...