Common use of Participation in Carried Interest Clause in Contracts

Participation in Carried Interest. Executive's participation in the percentage of profits in investments made that is to be allocated to Company employees (the "Carried Interest") will be 8.889% of such Carried Interest (i.e. - 2% of the investment profits).

Appears in 1 contract

Samples: Executive Agreement (San Vicente Group Inc)

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Participation in Carried Interest. Executive's participation in the percentage of profits in investments made that is to be allocated to Company employees (the "Carried Interest") will be 8.889no less than the greater of 22.222% of such Carried Interest (i.e. - 25% of the investment profits)) or that amount allowed to the other Co-Chief Executive of the Company, and greater that that allowed to any other employee of the Company except the Chairman.

Appears in 1 contract

Samples: Executive Employment Agreement (San Vicente Group Inc)

Participation in Carried Interest. Executive's participation in the percentage of profits in investments made that is to be allocated to Company employees (the "Carried Interest") will be 8.889% of such Carried Interest (i.e. - 2% of the investment profits).

Appears in 1 contract

Samples: Executive Agreement (San Vicente Group Inc)

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Participation in Carried Interest. Executive's Employees participation in the percentage of profits in investments made that is to be allocated to Company employees (the "Carried Interest") will be 8.889no less than the greater of 22.222% of such Carried Interest (i.e. - 2i.e.-5% of the investment profits)) or that amount allowed to the other Co-Chief Executive Officer of the Company, and greater than that allowed to any other employee of the Company except the Chairman.

Appears in 1 contract

Samples: Executive Agreement (San Vicente Group Inc)

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