Incentive Allocation. OFI has designated Tremont to serve as the Special Advisory Member of the Fund under the terms of the LLC Agreement and to receive in such capacity the incentive allocation in accordance with the terms of the LLC Agreement (the Incentive Allocation"). The Incentive Allocation, if any, will be computed and credited to the capital account of Tremont as provided by the LLC Agreement.
Appears in 4 contracts
Samples: Investment Sub Advisory Agreement (Oppenheimer Tremont Market Neutral Fund LLC), Investment Sub Advisory Agreement (Oppenheimer Tremont Opportunity Fund LLC), Sub Advisory Agreement (Ofi Tremont Core Diversified Hedge Fund)