Incentive Allocation. BACAP shall have the right as provided by the LLC Agreement to serve as the Special Advisory Member of the Fund and to receive in such capacity a performance-based allocation in accordance with the terms of the LLC Agreement (the "Incentive Allocation"). The Incentive Allocation, if any, will be computed and credited to the capital account of the Special Advisory Member as provided by the LLC Agreement.
Appears in 3 contracts
Sources: Investment Advisory Agreement (Bacap Technology Fund LLC), Investment Advisory Agreement (Bacap Alternative Mult Strategy Fund LLC), Investment Advisory Agreement (Bacap Alternative Mult Strategy Fund LLC)