Target Allocations Clause Samples
Target Allocations. Subject to Section 2(c) and unless determined otherwise in the sole discretion of the Compensation Committee of the Board (the “Compensation Committee”), the Current Cash Percentage, the DCI Percentage and the Unit Percentage of the Performance Award Amount for any Fiscal Year shall be determined by the Compensation Committee such that the percentages of the Total Annual Amount for such Fiscal Year represented by Current Cash (including Quarterly Payments), Deferred Cash Interests and the Annual RSU Award are as set forth below (the “Target Allocation Percentages”), or as close to such Target Allocation Percentages as possible, provided that Current Cash (including Quarterly Payments) shall represent not less than 60% of the Total Annual Amount for any Fiscal Year. Current Cash (including Quarterly Payments) 60% Deferred Cash Interests 15% Annual RSU Award 25%
Target Allocations. After application of Section B of this Schedule E, any remaining items of Profits and Losses shall be allocated among the Members and to their Capital Accounts so as to cause the balance of each Member’s Economic Capital Account to be as nearly equal to such Member’s Target Balance as possible.
Target Allocations. Unless determined otherwise in the sole discretion of the PMC Chairman, and subject to Section 2(c) and (d), the Current Cash Percentage, the DCI Percentage and the Unit Percentage of the Variable Distribution for any Fiscal Year shall be determined by the PMC Chairman such that the percentages of the Total Annual Amount for such Fiscal Year represented by Current Cash (including Quarterly Payments), Deferred Cash Interests and the Variable Class D Unit Distribution are as set forth below (the “Target Allocation Percentages”), or as close to such Target Allocation Percentages as possible, provided that Current Cash (including Quarterly Payments) shall represent not less than 60% of the Total Annual Amount for any Fiscal Year: Current Cash (including Quarterly Payments) 60% Deferred Cash Interests 15% Variable Class D Unit Distribution 25%
Target Allocations. Section 2(b) of each of the Partner Agreements is hereby amended and restated in its entirety as follows:
Target Allocations. Effective commencing with the 2018 Fiscal Year and each Fiscal Year thereafter during the Term and thereafter and subject to Sections 2(c) and 2(d), the Current Cash Percentage, the DCI Percentage and the Unit Percentage of the Variable Distribution for each such Fiscal Year shall be determined by the Compensation Committee, such that the percentages of the Total Annual Amount for each such Fiscal Year represented by Current Cash (including Quarterly Payments), Deferred Cash Interests and the Annual RSU Award shall be as set forth below (the “Target Allocation Percentages”), or as close to such Target Allocation Percentages as possible; provided, that Current Cash (including Quarterly Payments) shall not represent less than 75% of the Total Annual Amount for any such Fiscal Year, unless, in respect of any such Fiscal Year, Och-Ziff adopts a uniform system of break points for high earners applicable to all active executive managing directors whereby the Target Allocation Percentages are changed above such break points, which system shall be subject to approval by the Compensation Committee and the Chief Executive Officer of Och-Ziff; provided, further, that, in determining the form of compensation payable in respect of the Total Annual Amount for any such Fiscal Year, in no event shall any changes be made to the percentages of the form of compensation payable in respect of (A) the Guaranteed 2018 Amount as determined pursuant to Section 2(c)(ii) or (B) the Guaranteed Amount for the 2019 Fiscal Year and each Fiscal Year thereafter during the Term as determined pursuant to Section 2(c)(iii): Current Cash (including Quarterly Payments) 75 % Deferred Cash Interests and/or Annual RSU Award 25 %
Target Allocations. The following tables provide the current target asset class allocations applicable to both the Age-Based Investment Portfolios and the Static Investment Portfolios, as well as the Underlying Funds currently selected for investments to underlie each Investment Portfolio. The tables also identify the portions of each Investment Portfolio invested in “equity funds” and in “fixed income funds.” (Please note that total allocations may reflect rounding.
Target Allocations. Effective commencing with the 2018 Fiscal Year and each Fiscal Year thereafter during the Term and thereafter, the Current Cash Percentage, the DCI Percentage and the Unit Percentage of the Performance Award Amount for each such Fiscal Year shall be determined by the Compensation Committee, such that the percentages of the Performance Award Amount for each such Fiscal Year represented by Current Cash, Deferred Cash Interests and the Annual RSU Award shall be as set forth below (the “Target Allocation Percentages”), or as close to such Target Allocation Percentages as possible; provided, that Current Cash shall not represent less than 75% of the Performance Award Amount for any such Fiscal Year, unless, in respect of any such Fiscal Year, Och-Ziff adopts a uniform system of break points for high earners applicable to all active executive managing directors whereby the Target Allocation Percentages are changed above such break points, which system shall be subject to approval by the Compensation Committee and the Chief Executive Officer of Och-Ziff: Current Cash 75 % Deferred Cash Interests and/or Annual RSU Award 25 %
Target Allocations. The following tables provide the current target asset class allocations applicable to both the Age-Based Investment Portfolios and the Static Investment Portfolios, as well as the Underlying Funds currently selected for investments to underlie each Investment Portfolio. The tables also identify the portions of each Investment Portfolio invested in “equity funds” and in “fixed income funds.” (Please note that total allocations may reflect rounding. AB Global Real Estate Investment Fund II 4.0% 4.0% 3.0% 2.0% 2.0% American Funds New Perspective 12.0% 11.0% 9.0% 8.0% 8.0% DFA Commodity Strategy Portfolio 5.0% 4.0% 4.0% 3.0% 3.0% DFA Inflation-Protected Securities Portfolio 2.0% 4.0% 6.0% 6.0% 6.0% Dodge & ▇▇▇ International Stock Fund 4.0% 3.0% 2.0% 1.0% 0.0% Metropolitan West Total Return Bond Fund 0.0% 2.0% 7.0% 7.0% 9.0% ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Instl. Emerging Markets Portfolio 4.0% 3.0% 3.0% 2.0% 1.0% PIMCO Government Money Market Fund 0.0% 0.0% 0.0% 3.0% 5.0% PIMCO Income Fund 0.0% 0.0% 2.0% 2.0% 2.0% PIMCO Real Return Fund 3.0% 7.0% 8.0% 8.0% 8.0% PIMCO Short Asset Investment Fund 0.0% 0.0% 0.0% 5.0% 11.0% PIMCO Short-Term Fund 0.0% 0.0% 0.0% 2.0% 2.0% TIAA-CREF International Equity Index Fund 13.0% 11.0% 9.0% 7.0% 6.0% TIAA-CREF S&P 500 Index Fund 21.0% 17.0% 13.0% 10.0% 3.0% Virtus AllianzGI Focused Growth Fund 3.0% 2.0% 2.0% 2.0% 2.0% Virtus AllianzGI Global Allocation Fund 26.0% 30.0% 30.0% 30.0% 30.0% Virtus NFJ Dividend Value Fund 3.0% 2.0% 2.0% 2.0% 2.0% TOTAL 100.0% 100.0% 100.0% 100.0% 100.0% AB Global Real Estate Investment Fund II 3.0% 1.0% 1.0% 0.0% American Funds New Perspective 4.0% 0.0% 0.0% 0.0% DFA Commodity Strategy Portfolio 2.0% 2.0% 1.0% 1.0% DFA Inflation-Protected Securities Portfolio 6.0% 9.0% 10.0% 10.0% Dodge & ▇▇▇ International Stock Fund 0.0% 0.0% 0.0% 0.0% Metropolitan West Total Return Bond Fund 9.0% 8.0% 11.0% 12.0% ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Instl. Emerging Markets Portfolio 0.0% 0.0% 0.0% 0.0% PIMCO Government Money Market Fund 8.0% 9.0% 10.0% 12.0% PIMCO Income Fund 2.0% 3.0% 3.0% 3.0% PIMCO Real Return Fund 8.0% 9.0% 9.0% 9.0% PIMCO Short Asset Investment Fund 17.0% 18.0% 20.0% 24.0% PIMCO Short-Term Fund 3.0% 7.0% 14.0% 16.0% TIAA-CREF International Equity Index Fund 3.0% 2.0% 1.0% 1.0% TIAA-CREF S&P 500 Index Fund 2.0% 1.0% 0.0% 0.0% Virtus AllianzGI Focused Growth Fund 2.0% 1.0% 0.0% 0.0% Virtus AllianzGI Global Allocation Fund 30.0% 30.0% 20.0% 12.0% Virtus NFJ Dividend Value Fund 1.0% 0.0% 0.0% 0.0% TOTAL 100.0% 100.0% 100.0% 100.0% Di...
Target Allocations. 2.2.1 Provided Supplier is not in breach of a material provision of this Agreement with respect to the supply of any Product within the product family at issue, which breach remains uncured for more than [**] ([**]) calendar days after receipt of notice, during the first three (3) years of the Term, NNL will endeavor to purchase from Supplier a percentage of NNL's product family requirements as set out in the table below ("Target Allocations"): TxRx Family [**]% [**]% [**]% [**]% AMPS Family [**]% [**]% [**]% [**]% The Target Allocation will be measured on a calendar half-year basis on the aggregate value of Nortel and Nortel Affiliates purchases from Supplier for each product family during each calendar year, as a function of the aggregate purchases by Nortel and Nortel Affiliates, from all vendors of products, within each product family, that: a) Supplier is capable of manufacturing during the measurement period; b) Supplier has the capacity to manufacture during the measurement period; and c) Supplier's products have passed the Acceptance Program, in accordance with Article 4 ("Target Product"). Target Allocation (By Product Family) = 100% × Value of Nortel's and Nortel Affiliates' purchases from Supplier of Target Product Target Value of Nortel's and Nortel Affiliates' purchases from all vendors of Target Product
2.2.2 With respect to the foregoing Target Allocations, Nortel and Nortel Affiliates will be deemed to have purchased from Supplier the value of any Product that Nortel and Nortel Affiliates purchased from other sources solely because the Supplier did not offer, during the relevant period, a Product that was competitive in terms of price, performance and availability.
2.2.3 The Parties will compare Nortel's and Nortel Affiliates' actual and deemed purchases under this Agreement against the Target Allocations on a calendar half-year basis. If NNL fails to meet the Target Allocations, such a failure will not constitute a breach of this Agreement and in the event of such a failure the Parties shall discuss actions to avoid similar occurrences in the future. NNL will have no liability or obligation if the Target Allocations are not met.
