Common use of Pro Rata Dilution Clause in Contracts

Pro Rata Dilution. Initially, the Carried Interest Points for the Carried Interest Annual Pool for 2005 will be allocated as set forth in Schedule I. If an additional Partner is admitted to the Partnership following the award of Carried Interest Points in any fiscal year or any other Partner receives a Carried Interest Point award which the General Partner determines is not to come from Reserved Carried Interest Points, from Reallocated Carried Interest Points or from Forfeited Carried Interest Points, the number of Carried Interest Points of the Partners will be reduced on a pro rata basis by the number of Carried Interest Points so awarded unless otherwise determined by the General Partner.

Appears in 1 contract

Samples: Greenhill & Co Inc

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Pro Rata Dilution. Initially, the Carried Interest Points for the Carried Interest Annual Pool for 2005 2004 will be allocated as set forth in Schedule I. If an additional Partner is admitted to the Partnership following the award of Carried Interest Points in any fiscal year or any other Partner receives a Carried Interest Point award which the General Partner determines is not to come from Reserved Carried Interest Points, from Reallocated Carried Interest Points or from Forfeited Carried Interest Points, the number of Carried Interest Points of the Partners will be reduced on a pro rata basis by the number of Carried Interest Points so awarded unless otherwise determined by the General Partner.

Appears in 1 contract

Samples: Greenhill & Co Inc

Pro Rata Dilution. Initially, the Carried Interest Points for the Carried Interest Annual Pool for 2005 2000 will be allocated as set forth in Schedule I. If an additional Partner is Member admitted to the Partnership Company following the award of Carried Interest Points in any fiscal year or any other Partner Member receives a Carried Interest Point award which the General Partner Management Board determines is not to come from Reserved Carried Interest Points, from Reallocated Carried Interest Points or from Forfeited Carried Interest Points, the number of Carried Interest Points of the Partners will be reduced on a pro rata basis by the number of Carried Interest Points so awarded unless otherwise determined by the General PartnerManagement Board.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Greenhill & Co Inc)

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Pro Rata Dilution. Initially, the Carried Interest Points for the Carried Interest Annual Pool for 2005 2000 will be allocated as set forth in Schedule I. If an additional Partner is admitted to the Partnership following the award of Carried Interest Points in any fiscal year or any other Partner receives a Carried Interest Point award which the General Partner determines is not to come from Reserved Carried Interest Points, from Reallocated Carried Interest Points or from Forfeited Carried Interest Points, the number of Carried Interest Points of the Partners will be reduced on a pro rata basis by the number of Carried Interest Points so awarded unless otherwise determined by the General Partner.

Appears in 1 contract

Samples: Greenhill & Co Inc

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