Common use of Payment of Financial Obligations Clause in Contracts

Payment of Financial Obligations. The payment or provision to the Executive by the Company of any remuneration, benefits or other financial obligations pursuant to this Agreement, including, without limitation, the payment of Executive's salary, bonus and other benefits set forth in Section 4 hereof, the payment (if applicable) of the Severance Payment and provision of the severance benefits (if applicable) set forth in Section 6 hereof and any indemnification obligations, shall be allocated (the "Compensation Split") -% to the Company and -% to the ------------------ Operating Partnership initially, subject to adjustment from time to time by the Executive Compensation Committee.

Payment of Financial Obligations. The payment or provision to the Executive by the Company of any remuneration, benefits or other financial obligations pursuant to this Agreement, including, without limitation, the payment of Executive's salary, bonus and other benefits set forth in Section 4 hereof, the payment (if applicable) of the Severance Payment and provision of the severance benefits (if applicable) set forth in Section 6 hereof and any indemnification obligations, shall be allocated (the "Compensation Split") -% ___ to the Company and -% ___ to the ------------------ Operating Partnership initially, subject to adjustment from time to time by the Executive Compensation Committee.

Payment of Financial Obligations. The payment or provision to the Executive by the Company of any remuneration, benefits or other financial obligations pursuant to this Agreement, including, without limitation, the payment of Executive's salary, bonus and other benefits set forth in Section 4 hereof, the payment (if applicable) of the Severance Payment and provision of the severance benefits (if applicable) set forth in Section 6 hereof and any indemnification obligations, shall be allocated (the "Compensation Split") -% 20% to the Company and -% 80% to the Operating ------------------ Operating Partnership initially, subject to adjustment from time to time by the Executive Compensation Committee.

Payment of Financial Obligations. The payment or provision to the Executive by the Company of any remuneration, benefits or other financial obligations pursuant to this Agreement, including, without limitation, the payment of Executive's salary, bonus and other benefits set forth in Section 4 hereof, the payment (if applicable) of the Severance Payment and provision of the severance benefits (if applicable) set forth in Section 6 hereof and any indemnification obligations, shall be allocated (the "Compensation Split") -% to the Company and -% to the ------------------ Operating Partnership Services Company initially, subject to adjustment from time to time by the Executive Compensation Committee.