Exit Performance Fee. Subject to achievement of the Hurdles (as defined below), Xxxxxx will receive a performance fee of 25% (plus VAT if applicable) of all the profits or capital which are distributed to an Investor in respect of an Investment in an Investee Company, whether by dividends, other distributions or sale proceeds. The ‘Hurdles’ shall be calculated as follows: Where:
Appears in 3 contracts
Samples: Agreement, Agreement, Investor Agreement
Exit Performance Fee. Subject to achievement of the Hurdles (as defined below), Xxxxxx will receive a performance fee of 2535% (plus VAT if applicable) of all the profits or capital which are distributed to an Investor in respect of an Investment in an Investee Company, whether by dividends, other distributions or sale proceeds. The ‘Hurdles’ shall be calculated as follows: Where:
Appears in 1 contract
Samples: Agreement