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(b) Contracting Employee acknowledges that he or she has executed the Restrictive
Covenant Agreement and agrees that the terms thereof are incorporated herein by reference.

(c) Contracting Employee agrees to comply with the confidentiality restrictions set forth in
the Restrictive Covenant Agreement.

(d) Contracting Employee may receive title changes during Contracting Employee’s
employment with Blackstone (although nothing herein should be construed or interpreted as an assurance
or promise of any title changes). The restrictions on Contracting Employee contained in the Restrictive
Covenant Agreement shall be in accordance with the time periods set out in the chart attached hereto as
Schedule B, as such periods apply to Contracting Employee’s title in effect from time to time, and
provided further that such restrictions shall reflect any commitment period outlined in other agreements
provided for under Section 9 below and attached hereto as Schedule C (the “Commitment”), as
applicable. The time periods for such restrictions shall be deemed automatically amended (without the
need for any further documentation) with any future titles that Contracting Employee may hold.

(e) In addition to the obligations agreed to by the Contracting Employee in this Agreement
and in the incorporated Restrictive Covenant Agreement, Contracting Employee acknowledges and agrees
that Blackstone’s policies prohibit unlawful harassment and discrimination. In the event that Blackstone
determines that Contracting Employee has engaged in conduct that violates Blackstone’s policy
prohibiting unlawful harassment and discrimination (as outlined in the Employee Handbook), Contracting
Employee shall indemnify Blackstone with respect to any liability, judgments, settlements, awards,
payments, costs, or legal expenses incurred and paid by Blackstone related to or arising from such
conduct.

(f) Except as otherwise provided by Section II.C of the Restrictive Covenant Agreement,
Contracting Employee will reasonably cooperate with Blackstone in connection with any matter with
which Contracting Employee is involved or any existing or potential claim, investigation, administrative
proceeding, lawsuit or other legal or business matter which arises or arose during Contracting Employee’s
employment by Blackstone as lawfully requested by Blackstone. This obligation will survive the
expiration of this Agreement.

4. Governance. Contracting Employee acknowledges and agrees that becoming party to this
Agreement does not afford Contracting Employee any rights with respect to the management and/or
operation of Blackstone.

5. Representations and Warranties. Contracting Employee represents and warrants as
follows:

(a) Contracting Employee is not subject to (i) any restrictive covenants, including, without
limitation, covenants, agreements or arrangements relating to competition, solicitation or confidentiality,
arising from any agreement, oral, written or otherwise, between Contracting Employee and any other
person or entity, or (ii) any agreement, oral, written or otherwise, between Contracting Employee and any
other person or entity that will in any way compromise, limit or restrict Contracting Employee’s ability to
perform his or her duties on behalf of Blackstone.

(b) Except as otherwise disclosed to Blackstone’s Chief Legal Officer in writing, there are no
actions, suits, governmental or self-regulatory investigations, claims or other legal proceedings pending
or, to Contracting Employee’s knowledge, threatened against Contracting Employee.