Incentive Fee. At their sole discretion the Owners on an annual basis in order to provide the Managers with a performance incentive, may make a payment to the Managers of an incentive fee in addition to the management fee.
Appears in 10 contracts
Samples: Management Agreement (DryShips Inc.), DryShips Inc., DryShips Inc.
Incentive Fee. 24.1 At their sole discretion the Owners on an annual basis in order to provide the Managers with a performance incentive, may make a payment to the Managers of an incentive fee in addition to the management fee.
Appears in 6 contracts
Samples: Management Agreement (Dynagas LNG Partners LP), Management Agreement (Dynagas LNG Partners LP), Management Agreement (Dynagas LNG Partners LP)
Incentive Fee. 24.1 At their sole discretion the Owners Owner on an annual basis in order to provide the Managers with a performance incentive, may make a payment to the Managers of an incentive fee in addition to the management fee.
Appears in 1 contract
Incentive Fee. At their sole discretion the Owners on an annual basis in order to provide the Managers with a performance incentive, may make a payment to the Managers of an incentive Incentive fee in In addition to the management fee.
Appears in 1 contract
Samples: Management Agreement (DryShips Inc.)