employees. ERISA Partner means any Limited Partner that is an employee benefit plan or that is a partnership comprised of one or more partners that are employee benefit plans within the meaning, and subject to the provisions of, ERISA, including any governmental plan as defined in Section 414(d) of the Code and any church plan as defined in Section 414(e) of the Code, whether or not exempt from ERISA or any other entity that notifies the General Partner in writing of its election to be treated as an ERISA Partner. Escrow Account shall have the meaning set forth in Section 18.6(b). Escrowed Carried Interest Distributions shall have the meaning set forth in Section 18.6(b). Event of Bankruptcy means any of the following events: A. The General Partner |) makes an assignment for the benefit of creditors; (11) files a voluntary petition in bankruptcy; (m) is adjudged a bankrupt or insolvent, or has entered against it an order of relief in any bankruptcy or insolvency proceeding; [iv) files a petition or answer seeking for itself any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any statute, law, or regulation; (v) files an answer or other pleading admitting or failing to contest the material allegations of a petition filed against it in any proceeding of such nature; or (vi) seeks, consents to, or acquiesces in the appointment of a trustee, receiver, or liquidator of the General Partner or of all or any substantial part of its properties; or B. If within 120 days after the commencement of any proceeding against the General Partner seeking reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any statute, law or regulation, the proceeding has not been dismissed, or if within 90 days after the appointment without its consent or acquiescence of a trustee, receiver, or liquidator of the 51