Examples of Company Managed Fund in a sentence
The amount of Prior Year Termination PIP Awards granted under each of the AGNC PIP, MTGE PIP and any such similar plans will (after taking into account any other awards with respect to such prior calendar year) be proportional to the year-end net asset value of each such Company Managed Fund; provided that the amount granted under the MTGE PIP shall not be less than 10% of the total amount granted under the AGNC PIP and MTGE PIP.
The amount of Severance PIP Awards granted under each of the AGNC PIP, MTGE PIP and any such similar plans will be proportional to the net asset value of each such Company Managed Fund as of the end of the calendar quarter prior to the calendar quarter in which the Termination Date occurs; provided that the amount granted under the MTGE PIP shall not be less than 10% of the total amount granted under the AGNC PIP and MTGE PIP.
The amount of Termination PIP Awards granted under each of the AGNC PIP, MTGE PIP and any such similar plans will (after taking into account any other awards calculated by reference to such prior year combined equity value) be proportional to the year-end equity value of each such Company Managed Fund.
In the event that the Company becomes investment manager for a Company Managed Fund that is not a Publicly Traded Company Managed Fund, the Board of Managers and the President will work in good faith to establish alternative Performance Metrics that will apply with respect to such non-Publicly Traded Company Managed Fund.
In the event that there shall be a Company Managed Fund that does not have publicly‑traded equity securities, the Board of Managers will work with the President to make appropriate adjustments to this Section 1 to provide a basis for awarding Target Incentive Payments to the Executive attributable to such Company Managed Fund.
In the event that the Company becomes investment manager for a Company Managed Fund that is not a Publicly Traded Company Managed Fund, the Company and the Executive agree that they will work in good faith to establish alternative Performance Metrics that will apply with respect to such non-Publicly Traded Company Managed Fund.
At the option of the Board of Managers, any cash contribution required under this paragraph may instead be fully or partially made by the contribution to the applicable PIP of shares of common stock of the applicable Company Managed Fund or by the reallocation of shares of such stock already held by the rabbi trust associated with the applicable PIP.
The directors may appoint any natural person to be a director, either to fill a casual vacancy or as an addition to the existing directors, but the total number of directors must not at any time exceed the maximum number allowed under the constitution.
In the event that there shall be a Company Managed Fund that does not have publicly‑traded equity securities, the Company and the Executive shall make appropriate adjustments to this Section 2 to provide a basis for awarding PIP to the Executive attributable to such Company Managed Fund.
In the event that there shall be a Company Managed Fund that does not have publicly‑traded equity securities, the Company and the Executive shall make appropriate adjustments to this Section 1 to provide a basis for awarding Target Incentive Payments to the Executive attributable to such Company Managed Fund.