Outperformance Agreement definition

Outperformance Agreement means the Multi-Year Outperformance Agreement, to be entered into among AF REIT, the Borrower and the Manager and in form and substance substantially reasonably satisfactory to the Administrative Agent, as amended or otherwise modified from time to time.
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Outperformance Agreement means the Advisor Multi-Year Outperformance Award Agreement, entered into on July 21, 2021 among AF REIT, the Borrower and the Manager , and any amendments, restatements or replacements of the Outperformance Agreement entered into from time to time thereafter.
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Outperformance Agreement means the Multi-Year Outperformance Agreement, to be entered into among AF REIT, the Borrower and the Manager and
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Examples of Outperformance Agreement in a sentence

  • The Multi-Year Outperformance Agreement, to be entered into among REIT, the Borrower and Advisor, in form and substance reasonably satisfactory to the Agent, as amended or otherwise modified from time to time.

  • RCAP, Holdings, RCS Management and the LTIP Members are party to that certain Amendment No.2 to Amended and Restated 2013 Multi-Year Outperformance Agreement, dated as December 31, 2014 (“Amendment No.2”), pursuant to which the parties agreed that the Earned LTIP Units would become fully vested on December 31, 2014, and automatically convert to Class C Units in accordance with the LLC Agreement.

  • LTIP Units issued pursuant to the Outperformance Agreement and common operating partnership units issued pursuant to the Listing Note shall not constitute Preferred Securities.

  • In addition, under the Multi-Year Outperformance Agreement we will enter into with our advisor and ARCenters OP, which we refer to as the OPP, as further described herein, our advisor will be issued units in ARCenters OP referred to as LTIP Units that may be earned based on our performance.

  • The Board of Directors of the Company (the “Board”) adopted the 2013 Multi-Year Outperformance Agreement (the “Initial Agreement”) made as of June 10, 2013 (the “Grant Date”), between the Company, the Operating Subsidiaries and the Service Provider, to provide the Service Provider with incentive compensation and thereby provide additional incentive for the Service Provider to promote the progress and success of the business of the Company and its affiliates, including of the Operating Subsidiaries.

  • Notwithstanding any of the foregoing, upon termination of the Agreement, the Manager’s long-term incentive plan units (“LTIP Units”) of ARC Properties Operating Partnership, L.P. (the “OP”) granted pursuant to the 2013 Advisor Mutli-Year Outperformance Agreement, dated February 28, 2013, between the Company and the Manager, shall be vested in full.

  • The 2014 Advisor Multi-Year Outperformance Agreement among the REIT, Borrower and the Advisor, dated as of April 7, 2014, pursuant to which the Advisor was issued the LTIP Units, which may be earned based on the REIT’s level of achievement of the performance metrics set forth in the Advisor LTIP.


More Definitions of Outperformance Agreement

Outperformance Agreement is hereby added to Section 1.01 of the Credit Agreement:
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Outperformance Agreement means the 2015 Advisor Multi-Year Outperformance Agreement, to be entered into among the REIT, the Borrower and the Advisor and in form and substance substantially consistent with the draft Outperformance Agreement attached as Exhibit L-2, as amended or otherwise modified from time to time.”
Sample 1

Related to Outperformance Agreement

  • Performance Agreement means an agreement between an HSP and its CEO that requires the CEO to perform in a manner that enables the HSP to achieve the terms of this Agreement and any additional performance improvement targets set out in the HSP’s annual quality improvement plan under the Excellent Care for All Act, 2010;

  • Incentive agreement means the contract between the business

  • Performance Award Agreement means a written agreement between the Company and a Holder with respect to a Performance Award.

  • Stock Incentive Agreement means an agreement between the Company and a Participant or other documentation evidencing an award of a Stock Incentive.

  • RSU Award Agreement means a written agreement between the Company and a holder of a RSU Award evidencing the terms and conditions of a RSU Award grant. The RSU Award Agreement includes the Grant Notice for the RSU Award and the agreement containing the written summary of the general terms and conditions applicable to the RSU Award and which is provided to a Participant along with the Grant Notice. Each RSU Award Agreement will be subject to the terms and conditions of the Plan.

  • Stock Unit Agreement means the agreement between the Company and the recipient of a Stock Unit which contains the terms, conditions and restrictions pertaining to such Stock Unit.

  • Long-Term Performance Award means an award under Section 10 below. A Long-Term Performance Award shall permit the recipient to receive a cash or stock bonus (as determined by the Committee) upon satisfaction of such performance factors as are set out in the recipient's individual grant. Long-Term Performance Awards will be based upon the achievement of Company, Subsidiary and/or individual performance factors or upon such other criteria as the Committee may deem appropriate.

  • Sub-grant Agreement means an agreement entered into, or proposed to be entered into, between the Bank and a Sub-grant Recipient; and

  • Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.

  • Unit Agreement has the meaning set forth in the Declaration.

  • Grant Agreement means the agreement entered into by the Parties, including the Signature Document, these Uniform Terms and Conditions, along with any attachments and amendments that may be issued by the System Agency.

  • Performance Cash Award means an award of cash granted pursuant to the terms and conditions of Section 6(c)(ii).

  • LTIP means the Long-Term Incentive Plan of the General Partner, as may be amended, or any equity compensation plan successor thereto.

  • Vesting Agreement means each or any, as the context implies, agreement or instrument entered into by an LTIP Unitholder upon acceptance of an award of LTIP Units under an Equity Incentive Plan.

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.

  • incentive plan award means compensation awarded, earned, paid, or payable under an incentive plan;

  • Equity Award means stock options, stock appreciation rights, restricted stock, restricted stock units, performance shares or any other form of award that is measured with reference to the Stock.

  • LTIP Award means each or any, as the context requires, LTIP Award issued under any Equity Incentive Plan.

  • Restricted Stock Unit Agreement means the agreement consistent with the terms of the Plan between the Company and the recipient of a Restricted Stock Unit that contains the terms, conditions and restrictions pertaining to such Restricted Stock Unit.

  • Performance Award means any right granted under Section 6(d) of the Plan.

  • Long-Term Incentive Plan or “LTIP” means a plan providing compensation intended to motivate performance over a period greater than one financial year. LTIPs do not include option or SAR plans or plans for compensation through shares or units that are subject to restrictions on resale;

  • PSU means Public Sector Undertaking

  • Stock Award Agreement means a written agreement between the Company and a holder of a Stock Award evidencing the terms and conditions of an individual Stock Award grant. Each Stock Award Agreement shall be subject to the terms and conditions of the Plan.

  • Cash Performance Award means an Award that is denominated by a cash amount to an Eligible Person under Section 10 hereof and payable based on or conditioned upon the attainment of pre-established business and/or individual Performance Goals over a specified performance period.

  • RSU Agreement means a written agreement between the Company and a Participant evidencing the terms and conditions of an individual Award of Restricted Stock Units.