Common use of Minimum Payout Clause in Contracts

Minimum Payout. Notwithstanding paragraphs (a) and (b) above, the minimum distribution for Performance Years 2008, 2009 and 2010 will be $700, subject in all cases to prorating under Section 3.

Minimum Payout. Notwithstanding paragraphs (a) and (b) above, the minimum distribution for Performance Years 2008Years2015, 2009 2016, 2017 and 2010 2018 will be $700, subject in all cases to prorating under Section 3.