Common use of Carried Interest Compensation Plan Clause in Contracts

Carried Interest Compensation Plan. In addition to the compensation otherwise provided herein, the Compensation Committee will also work with its Compensation Consultant and the Executive Management Team to develop a Carried Interest Compensation Plan (a “Carried Interest Plan”) consistent with the traditional private equity pay model. The Board has sole discretion and authorization to create such Carried Interest Plan. 

Appears in 4 contracts

Samples: Employment Agreement (BBX Capital Corp), Employment Agreement (BBX Capital Corp), Employment Agreement (BBX Capital Corp)

AutoNDA by SimpleDocs

Carried Interest Compensation Plan. In addition to the compensation otherwise provided herein, the Compensation Committee will also work with its Compensation Consultant and the Executive Management Team to develop a Carried Interest Compensation Plan (a “Carried Interest Plan”) consistent with the traditional private equity pay model. The Board has sole discretion and authorization to create such Carried Interest Plan. .

Appears in 4 contracts

Samples: Employment Agreement (BBX Capital Corp), Employment Agreement (BBX Capital Corp), Employment Agreement (BBX Capital Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!