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ARTICLE 4 PROFITS, ALLOCATIONS, AND CASH FLOW 4.01 Profits and Losses. The Partnership's "net profits" and "net losses," computed in accordance with the provisions of Exhibit B attached hereto and incorporated herein, shall be, subject to the provisions of such Exhibit, allocated among, or borne by, the Partners in proportion to the Partnership Units owned by each of them, from time to time. 4.02 Cash Flow. The cash flow of the Partnership shall be the net profits and losses of the Partnership, computed as provided in Exhibit B attached hereto, plus depreciation and other noncash charges deducted in determining such profits and losses, minus principal payments on all loans, and any other cash expenditures which have not been deducted in determining the net profits and losses of the Partnership, and minus the amount reasonably determined by the General Partner to be necessary to maintain for the Partnership sufficient working capital and a reasonable reserve for repairs and /or replacements. The cash flow of the Partnership shall be determined separately for each fiscal year and not cumulatively. ARTICLE 5 DISTRIBUTIONS 5.01 Distribu #ions. The General Partner shall determine when distributions shall be made and the amount of the distributions, subject only to his fiduciary duties to the Partnership and other Partners and the other provisions of this Article. 5.02 Minimum Distributions. Notwithstanding, the General Partner shall distribute as follows: (i) An amount equal to the aggregate amount of federal, state and local income taxes payable by the Partners with respect to the taxable income of the Partnership (excluding for this purpose any gains, losses, deductions or income attributable to marketable securities contributed by a Partner), assuming, for purposes of determining the amount of such distribution, that each Partner will be taxed on the net amount set forth in its respective K -1 at the highest marginal individual federal income tax rate for such year, and at the highest marginal individual state and local income tax rates applicable to any Partner for each such taxable year; and (ii) such distributions shall be ' payable at such time or times and in such amounts as will enable the Partners to avoid penalties and interest otherwise payable on account of the failure to pay a sufficient amount of estimated taxes as required by law, which distributions shall be made at such time or times as may be determined by the General Partner. 5.03 Other Distributions. Any further distributions shall be made pro rata among the Partners, but solely in the discretion of the General Partner.