Common use of Assignment of Carried Interest Points Clause in Contracts

Assignment of Carried Interest Points. (a) On or prior to January 1 of each fiscal year, or as soon as practicable thereafter (the "Annual Allocation Date"), (i) the General Partner shall assign each Partner (including the General Partner) a number (which may include fractional numbers) of carried interest points (the "Carried Interest Points"), and (ii) Xxxxxxxxx shall be assigned 10 Carried Interest Points, or such other amount as determined by the General Partner (the "Xxxxxxxxx Points"), in each case for all Fund Investments made by all Funds during the fiscal year commencing on such January 1 (the "Carried Interest Annual Pool"). The aggregate number of Carried Interest Points for any Fund Investment shall be 200, and the amount of the Carried Interest with respect to each Fund Investment for such fiscal year allocated to a Partner shall be calculated by multiplying the Carried Interest by a fraction, the numerator of which shall be the number of points so assigned and the denominator of which shall be 200. Each Carry Participating Partner's share of the Carried Interest for any Fund Investment is referred to herein as his "Carried Interest Share". With respect to each Fund Investment made during the 2000 fiscal year and with respect to Partners who have been admitted as such on the date of this Agreement, the Carried Interest Points shall be set forth in Schedule I to this Agreement with respect to such Partner (the "Allocation Schedule"), which shall be maintained by the General Partner and the Partnership and updated to reflect any changes in the allocation of Carried Interest Points. The General Partner shall advise each Partner of such Partner's Carried Interest Points in effect at any time, and the General Partner may, in its discretion, to the maximum extent permitted by applicable law, decline to disclose such Carried Interest Points to any other Person. With respect to each Fund Investment made during any fiscal year, the Carried Interest Points (as determined in accordance with this Section 3.02(a) or adjusted in accordance with this Article 3) of each Partner having an interest in such Fund Investment shall be set forth in the Allocation Schedule. Except as otherwise provided in this Article 3, such Carried Interest Points shall not be changed after they are determined in accordance with this Section 3.02(a).

Assignment of Carried Interest Points. (a) On or prior to January 1 of each fiscal year, commencing in 2006, or as soon as practicable thereafter (the "“Annual Allocation Date"”), (i) the General Partner shall assign each Partner (including the General Partner) a number (which may include fractional numbers) of carried interest points (the "“Carried Interest Points"), and (ii”) Xxxxxxxxx shall be assigned 10 Carried Interest Points, or such other amount as determined by the General Partner (the "Xxxxxxxxx Points"), in each case for all Fund Investments made by all Funds during the fiscal year commencing on such January 1 (the "“Carried Interest Annual Pool"”). The aggregate number of Carried Interest Points for any Fund Investment shall be 20020, and the amount of the Carried Interest with respect to each Fund Investment for such fiscal year allocated to a Partner shall be calculated by multiplying the Carried Interest by a fraction, the numerator of which shall be the number of points so assigned and the denominator of which shall be 20020. Each Carry Participating Partner's ’s share of the Carried Interest for any Fund Investment is referred to herein as his "“Carried Interest Share"”. With respect to each Fund Investment made during the 2000 2005 fiscal year and with respect to Partners who have been admitted as such on the date of this Agreement, the Carried Interest Points shall be set forth in Schedule I to this Agreement with respect to such Partner (the "“Allocation Schedule"”), which shall be maintained by the General Partner and the Partnership and updated to reflect any changes in the allocation of Carried Interest Points. The General Partner shall advise each Partner of such Partner's ’s Carried Interest Points in effect at any time, and the General Partner may, in its discretion, to the maximum extent permitted by applicable law, decline to disclose such Carried Interest Points to any other Person. With respect to each Fund Investment made during any fiscal year, the Carried Interest Points (as determined in accordance with this Section 3.02(a) or adjusted in accordance with this Article 3) of each Partner having an interest in such Fund Investment shall be set forth in the Allocation Schedule. Except as otherwise provided in this Article 3, such Carried Interest Points shall not be changed after they are determined in accordance with this Section 3.02(a).

Assignment of Carried Interest Points. (a) On or prior to January 1 of each fiscal year, commencing in 2004, or as soon as practicable thereafter (the "Annual Allocation DateANNUAL ALLOCATION DATE"), (i) the General Partner shall assign each Partner (including the General Partner) a number (which may include fractional numbers) of carried interest points (the "Carried Interest PointsCARRIED INTEREST POINTS"), and (ii) Xxxxxxxxx shall be assigned 10 Carried Interest Points, or such other amount as determined by the General Partner (the "Xxxxxxxxx Points"), in each case for all Fund Investments made by all Funds during the fiscal year commencing on such January 1 (the "Carried Interest Annual PoolCARRIED INTEREST ANNUAL POOL"). The aggregate number of Carried Interest Points for any Fund Investment shall be 200, and the amount of the Carried Interest with respect to each Fund Investment for such fiscal year allocated to a Partner shall be calculated by multiplying the Carried Interest by a fraction, the numerator of which shall be the number of points so assigned and the denominator of which shall be 200. Each Carry Participating Partner's share of the Carried Interest for any Fund Investment is referred to herein as his "Carried Interest ShareCARRIED INTEREST SHARE". With respect to each Fund Investment made during the 2000 2004 fiscal year and with respect to Partners who have been admitted as such on the date of this Agreement, the Carried Interest Points shall be set forth in Schedule I to this Agreement with respect to such Partner (the "Allocation ScheduleALLOCATION SCHEDULE"), which shall be maintained by the General Partner and the Partnership and updated to reflect any changes in the allocation of Carried Interest Points. The General Partner shall advise each Partner of such Partner's Carried Interest Points in effect at any time, and the General Partner may, in its discretion, to the maximum extent permitted by applicable law, decline to disclose such Carried Interest Points to any other Person. With respect to each Fund Investment made during any fiscal year, the Carried Interest Points (as determined in accordance with this Section 3.02(a) or adjusted in accordance with this Article 3) of each Partner having an interest in such Fund Investment shall be set forth in the Allocation Schedule. Except as otherwise provided in this Article 3, such Carried Interest Points shall not be changed after they are determined in accordance with this Section 3.02(a).

Assignment of Carried Interest Points. (a) On or prior to January 1 of each fiscal year, or as soon as practicable thereafter (the "Annual Allocation Date"), (i) the General Partner Management Board shall assign each Partner (including the General Partner) Member a number (which may include fractional numbers) of carried interest points (the "Carried Interest Points"), and (ii) Xxxxxxxxx shall be assigned 10 Carried Interest Points, or such other amount as determined by the General Partner (the "Xxxxxxxxx Points"), in each case for all Fund Investments made by all Funds during the fiscal year commencing on such January 1 (the "Carried Interest Annual Pool"). The aggregate number of Carried Interest Points for any Fund Investment shall be 200equal to the Carried Interest Points of the Company under the Partnership Agreement (the "GP Points"), and the amount of the Carried Interest with respect to each Fund Investment for such fiscal year allocated to a Partner Member shall be calculated by multiplying the Carried Interest by a fraction, the numerator of which shall be the number of points so assigned awarded and the denominator of which shall be 200. the GP Points Each Carry Participating Partner's share of the Carried Interest for any Fund Investment is referred to herein as his "Carried Interest Share". With respect to each Fund Investment made during the 2000 fiscal year and with respect to Partners Members who have been admitted as such on the date of this Agreement, the Carried Interest Points shall be set forth in Schedule I to this Agreement with respect to such Partner Member (the "Allocation Schedule"), which shall be maintained by the General Partner Management Board and the Partnership Company and updated to reflect any changes in the allocation of Carried Interest Points. The General Partner Management Board shall advise each Partner Member of such Partner's Carried Interest Points in effect at any time, and the General Partner may, in its discretion, to the maximum extent permitted by applicable law, decline to disclose such Carried Interest Points to any other Person. With respect to each Fund Investment made during any fiscal year, the Carried Interest Points (as determined in accordance with this Section 3.02(a) or adjusted in accordance with this Article 3) of each Partner Member having an interest in such Fund Investment shall be set forth in the Allocation Schedule. Except as otherwise provided in this Article 3, such Carried Interest Points shall not be changed after they are determined in accordance with this Section 3.02(a).