Common use of Corporate Configuration Clause in Contracts

Corporate Configuration. SCG and its affiliates, including the Company (collectively, the "SCG Group" and each, a "Member"), constitute a group of businesses engaged in real estate research, investment and management. Since inception, the SCG Group has compiled an excellent record of growth in its business. The parties recognize that the SCG Group has a distinct character that is reflected in its objectives, principles, operating policies and management style and that the SCG Group's overall objective is to create the maximum value for Members and the shareholders thereof. The parties further recognize that an important element of the SCG Group's success has been its ability to attract, motivate, develop and retain talented individuals. Historically, this has been accomplished by combining the operational aspects of a Member with the organizational, management, technical and financial strengths of SCG. Following the consummation of the Transaction, the parties desire that the distinctive character of the SCG Group continue as between the Company, SCG and the other Members and, accordingly, agree to the following provisions of this Section 4.

Corporate Configuration. SCG and its affiliates, including the Company (collectively, the "SCG Group" Group and each, a "Member"), constitute a group of businesses engaged in real estate research, investment and management. Since inception, the SCG Group has compiled an excellent record of growth in its business. The parties recognize that the SCG Group has a distinct character that is reflected in its objectives, principles, operating policies and management style and that the SCG Group's overall objective is to create the maximum value for Members and the shareholders thereof. The parties further recognize that an important element of the SCG Group's success has been its ability to attract, motivate, develop and retain talented individuals. Historically, this has been accomplished by combining the operational aspects of a Member with the organizational, management, technical and financial strengths of SCG. Following the consummation of the Transaction, the parties desire that the distinctive character of the SCG Group continue as between the Company, SCG and the other Members and, accordingly, agree to the following provisions of this Section 4.