Examples of Carry Percentage in a sentence
Each Partner’s Carry Percentage shall be subject to adjustment as provided in such Partner’s Carry Agreement.
The Carry Percentage shall be, for each Management Member, the quotient obtained by dividing (i) the sum of such Member's Service Percentage and such Member's Performance Percentage by (ii) the sum of (w) 100% plus (x) the Adjusted Total Vested Service Percentage plus (y) the Adjusted Aggregate Post IPO Performance Percentage plus (z) the Adjusted Total Vested IPO Percentage.
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In addition, the General Partner may from time to time, without the consent of any Limited Partner, adjust any Active Partner’s Carry Percentage by allocating additional Carry Percentage to such Active Partner and correspondingly reducing the Carry Percentage of the General Partner.
The Carry Percentage of each Limited Partner shall also be set forth in an agreement between the Partnership and such Limited Partner substantially in the form of Annex A hereto, with such modifications as may be agreed to by the General Partner and the Limited Partner party thereto (with respect to each Partner, such Partner’s “Carry Agreement”).