Common use of Incentive Allocation Clause in Contracts

Incentive Allocation. As of the end of each Incentive Period with respect to each Class 0 Unit and Class 2 Unit of the Core Macro Portfolio, an amount (the “Incentive Allocation”) equal to twenty percent (20%) of the New High Net Trading Profits with respect to such Class as of the end of such Incentive Period shall be deducted from the Net Asset Value of such Class and credited to the Capital Account of ▇▇▇▇▇▇ LLC.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Graham Alternative Investment Fund I LLC), Limited Liability Company Agreement (Graham Alternative Investment Fund Ii LLC)

Incentive Allocation. As of the end of each Incentive Period with respect to each Class 0 Unit, Class 2 Unit, Class 3-A Unit and Class 2 3-B Unit of the Core Macro Portfolio, an amount (the “Incentive Allocation”) equal to twenty percent (20%) of the New High Net Trading Profits with respect to such Class as of the end of such Incentive Period shall be deducted from the Net Asset Value of such Class and credited to the Capital Account of ▇▇▇▇▇▇ LLC.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Graham Alternative Investment Fund I LLC), Limited Liability Company Agreement (Graham Alternative Investment Fund Ii LLC)