Common use of Performance Vesting Units Clause in Contracts

Performance Vesting Units. With respect to the remaining 40% of the Class B Profits Interest Units subject to this Agreement (the “Performance Vesting Units”), the Performance Vesting Units will vest as follows, subject to a Participant’s continued employment through the applicable vesting date (except as otherwise provided in Section 3 below): • 1 3 of the Performance Vesting Units will vest upon the earlier of (x) the Sponsor receiving aggregate cash amounts in respect of its investment in the Partnership representing a multiple of cumulative Sponsor invested capital (“MOIC”) equal to 1.2x and (y) the occurrence of a Change of Control in which the Hypothetical Sale MOIC is at or in excess of 1.2X; • 1/3 of the Performance Vesting Units will vest upon the earlier of (x) the Sponsor receiving aggregate cash amounts in respect of its investment in the Partnership representing a MOIC equal to 1.6x and (y) the occurrence of a Change of Control in which the Hypothetical Sale MOIC is at or in excess of 1.6x; and • 1/3 of the Performance Vesting Units will vest upon the earlier of (x) the Sponsor receiving aggregate cash amounts in respect of its investment in the Partnership representing a MOIC equal to 2.0x and (y) the occurrence of a Change of Control in which the Hypothetical Sale MOIC is at or in excess of 2.0x.

Performance Vesting Units. With respect to the remaining 40% of the Class B Profits Interest Units subject to this Agreement (the “Performance Vesting Units”), the Performance Vesting Units will vest as follows, subject to a Participant’s continued employment through the applicable vesting date (except as otherwise provided in Section 3 below): • 1 3 of the Performance Vesting Units will vest upon the earlier of (x) the Sponsor receiving aggregate cash amounts in respect of its investment in the Partnership representing a multiple of cumulative Sponsor invested capital (“MOIC”) equal to 1.2x 1.5x and (y) the occurrence of a Change of Control in which the Hypothetical Sale MOIC is at or in excess of 1.2X; 1.5X; • 1/3 1 3 of the Performance Vesting Units will vest upon the earlier of (x) the Sponsor receiving aggregate cash amounts in respect of its investment in the Partnership representing a MOIC equal to 1.6x and (y) the occurrence of a Change of Control in which the Hypothetical Sale MOIC is at or in excess of 1.6x; and • 1/3 of the Performance Vesting Units will vest upon the earlier of (x) the Sponsor receiving aggregate cash amounts in respect of its investment in the Partnership representing a MOIC equal to 2.0x and (y) the occurrence of a Change of Control in which the Hypothetical Sale MOIC is at or in excess of 2.0x; and • 1 3 of the Performance Vesting Units will vest upon the earlier of (x) the Sponsor receiving aggregate cash amounts representing a MOIC equal to 2.5x and (y) the occurrence of a Change of Control in which the Hypothetical Sale MOIC is at or in excess of 2.5x.

Performance Vesting Units. With respect to the remaining 40% of the Class B Profits Interest Units subject to this Agreement (the “Performance Vesting Units”), the Performance Vesting Units will vest as follows, subject to a Participant’s continued employment through the applicable vesting date (except as otherwise provided in Section 3 below): • 1 3 of the Performance Vesting Units will vest upon the earlier of (x) the Sponsor receiving aggregate cash amounts in respect of its investment in the Partnership representing a multiple of cumulative Sponsor invested capital (“MOIC”) equal to 1.2x and (y) the occurrence of a Change of Control in which the Hypothetical Sale MOIC is at or in excess of 1.2X; • 1/3 of the Performance Vesting Units will vest upon the earlier of (x) the Sponsor receiving aggregate cash amounts in respect of its investment in the Partnership representing a MOIC equal to 1.6x and (y) the occurrence of a Change of Control in which the Hypothetical Sale MOIC is at or in excess of 1.6x; and and • 1/3 1 3 of the Performance Vesting Units will vest upon the earlier of (x) the Sponsor receiving aggregate cash amounts in respect of its investment in the Partnership representing a MOIC equal to 2.0x and (y) the occurrence of a Change of Control in which the Hypothetical Sale MOIC is at or in excess of 2.0x.

Performance Vesting Units. With respect to the remaining 40% of the Class B Profits Interest Units subject to this Agreement (the “Performance Vesting Units”), the Performance Vesting Units will vest as follows, subject to a Participant’s continued employment through the applicable vesting date (except as otherwise provided in Section 3 below): • 1 3 of the Performance Vesting Units will vest upon the earlier of (x) the Sponsor receiving aggregate cash amounts in respect of its investment in the Partnership representing a multiple of cumulative Sponsor invested capital (“MOIC”) equal to 1.2x and (y) the occurrence of a Change of Control in which the Hypothetical Sale MOIC is at or in excess of 1.2X; ; • 1/3 1 3 of the Performance Vesting Units will vest upon the earlier of (x) the Sponsor receiving aggregate cash amounts in respect of its investment in the Partnership representing a MOIC equal to 1.6x and (y) the occurrence of a Change of Control in which the Hypothetical Sale MOIC is at or in excess of 1.6x; and and • 1/3 1 3 of the Performance Vesting Units will vest upon the earlier of (x) the Sponsor receiving aggregate cash amounts in respect of its investment in the Partnership representing a MOIC equal to 2.0x and (y) the occurrence of a Change of Control in which the Hypothetical Sale MOIC is at or in excess of 2.0x.