Common use of Catch up Amount Account Clause in Contracts

Catch up Amount Account. The Company shall retain an amount equal to the aggregate Catch up Amount to which each Executive Securityholder is entitled pursuant to this Section 2 until such time as the Catch up Amount in respect of such Executive Securityholder’s Incentive Securities becomes payable in accordance with Section 2(h). Upon the Executive’s Termination Date or the Investment Termination Date, the portion of the Catch up Amount attributable to Unvested Securities shall be forfeited by the Executive Securityholders and retained by the Company. The Catch up Amount for all Executive Securityholders shall be retained in the same account.

Catch up Amount Account. The Company shall retain an amount equal to the aggregate Catch up Amount to which each Executive Securityholder holder is entitled pursuant to this Section 2 until such time as the Catch up Amount in respect of such Executive SecurityholderExecutive’s Time Vesting Incentive Securities or Performance Vesting Incentive Securities (as applicable) becomes payable in accordance with Section 2(h2(d)(iii). Upon In the Executive’s Termination Date or event any amount retained by the Investment Termination DateCompany never becomes payable to the Executive hereunder, the portion of the Catch up Amount attributable to Unvested Securities such amount shall be forfeited by the Executive Securityholders and retained by the Company. The Catch up Amount for all Executive Securityholders shall be retained in the same account.

Catch up Amount Account. The Company shall retain an amount equal to the aggregate Catch up Amount to which each Executive Securityholder is entitled pursuant to this Section 2 until such time as the Catch up Amount in respect of such Executive Securityholder’s Time Vesting Incentive Securities or Performance Vesting Incentive Securities (as applicable) becomes payable in accordance with Section 2(h2(d)(iii). Upon the Executive’s Termination Date or the Investment Termination Date, the portion of the Catch up Amount attributable to Unvested Securities shall be forfeited by the Executive Securityholders and retained by the Company. The Catch up Amount for all Executive Securityholders shall be retained in the same account.