Common use of Performance-Based Units Clause in Contracts

Performance-Based Units. The Performance-Based Units that are the subject of this Agreement shall vest upon certification by the Manager of Management LLC that the “Profit Goal” (as defined in Section 9 herein) has been achieved, provided that the Participant has not incurred a Termination of Service prior to such certification.

Performance-Based Units. The Performance-Based Units that are the subject of this Agreement (the “Performance-Based Award”) shall vest upon certification by the Manager of Management LLC that the “Profit Goal” (as defined in Section 9 herein) has been achieved, provided that the Participant has not incurred a Termination of Service prior to such certification.