Management Share definition

Management Share means the aggregate amount of compensation payable to Eligible Management Members in connection with the Sale Bonus. The Management Share shall be determined pursuant to the following grid: ------------------------------------------------------------ Aggregate Consideration Paid Management Share Percent ---------------------------- ------------------------ ------------------------------------------------------------ Below $240,000,000 0.00% ------------------------------------------------------------ $240,000,000 0.50% ------------------------------------------------------------ $260,000,000 0.60% ------------------------------------------------------------ $280,000,000 0.70% ------------------------------------------------------------ $300,000,000 0.90% ------------------------------------------------------------ $310,000,000 1.00% ------------------------------------------------------------ $320,000,000 1.10% ------------------------------------------------------------ $330,000,000 1.30% ------------------------------------------------------------ $340,000,000 1.50% ------------------------------------------------------------ $350,000,000 1.75% ------------------------------------------------------------ $360,000,000 or more 2.00% ------------------------------------------------------------ The Management Share shall be calculated from the first dollar of Aggregate Consideration paid. The percentage utilized to determine the Management Share shall be multiplied by the full amount of Aggregate Consideration paid. Moreover, in the event the Aggregate Consideration paid falls between two of the ranges in the above grid, the percentage to be utilized to determine the Management Share shall be interpolated on a straight line basis between the two ranges. Thus, for example, assuming the Aggregate Consideration paid is $335,000,000, the Management Share would be 1.40% times $335,000,000 or $4,690,000.
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Management Share means a management share in the capital of the ICAV as described in Clause 5 of this Instrument.
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Management Share. The equity interest in the Profits and Losses of the Fund and in distributions granted to Ridgewood as compensation for organizing and sponsoring the Fund and acting as its Manager.
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Examples of Management Share in a sentence

  • Thereafter, within five days after any additional portion of the Aggregate Consideration is paid to the Sellers, the Company shall pay you the remaining portion of the Sale bonus in an amount equal to your Individual Share multiplied by the Management Share multiplied by the additional Aggregate Consideration.

  • The amount of the Sale Bonus shall be equal to your Individual Share multiplied by the Management Share.

  • Employee shall review and understand the terms of the Management Share Ownership Policy with respect to all equity-based awards.

  • A Manager shall not sell, assign or otherwise transfer its Management Share or resign without first obtaining the consent of a Majority of the Voting Shares, except that (i) a Manager may pledge its Management Share for a loan; provided that such pledge does not reduce the cash flow of the Fund distributable to other Shareholders and (ii) a Manager may waive or assign compensation or fees payable to it.

  • The foregoing provisions of this Article VI will expire with respect to any Management Share not called or put, if not earlier expired in accordance with the provisions of this Article VI, prior to the earlier of the closing of (a) a Company Sale and (b) a Qualified IPO.


More Definitions of Management Share

Management Share means a voting, non-participating management share in the share capital of
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Management Share means a management share of no par value in the capital of the Company and designated as such;
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Management Share means a management share in the capital of the ICAV as described in clause 5 of this Instrument, which includes, for the avoidance of doubt, each subscriber share issued for the purposes of the formation and registration of the ICAV.
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Management Share means a non-participating share in the capital of the Company;
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Management Share means a voting non-participating share in the capital of the
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Management Share means a non-participating share issued in accordance with these Articles.
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Management Share means, in respect of a Premises and a Demand Response Scheme, the Supplier’s percentage share of Customer Savings or Supplier Revenue (as applicable) for that Demand Response Scheme, as set out in the Order Form.
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