Quarterly Incentive Fee Sample Clauses

Quarterly Incentive Fee. In addition to the base management fee, the Manager shall receive an incentive fee with respect to each fiscal quarter in an amount equal to the Quarterly Incentive Fee Amount.
Sample 1Sample 2Sample 3See All (9)
AutoNDA by SimpleDocs
Quarterly Incentive Fee. The Partnership shall pay a quarterly incentive fee with respect to the Net Assets of the Partnership allocated to the Trading Advisor equal to 15% of the "Trading Profits" (as defined below) as of the end of each calendar quarter; provided, however, that if the Closing (as defined in the Prospectus) is as of the first business day after a month-end that is not the end of a calendar quarter, and if at such Closing an incentive fee has accrued on Trading Profits, the accrued incentive fee shall become due and be paid to the Trading Advisor on such closing date even if it does not coincide with the end of a calendar quarter. If this Agreement is terminated on a date other than the end of a calendar quarter, the incentive fee described above shall be determined as if such date were the end of a calendar quarter. Any accrued incentive fees with respect to Units redeemed at the end of a month which is not the end of a calendar quarter will be deducted and paid to the Trading Advisor at the time of redemption, and "Trading Profits" with respect to such Units will not be included for purposes of determining incentive fees thereafter. The quarterly incentive fee will be charged against the Net Assets allocated to each of the Trading Advisor's trading programs based upon the portion of the "Trading Profits" for the quarter generated by each trading program.
Sample 1
Quarterly Incentive Fee. The Partnership shall pay a quarterly incentive fee with respect to the Net Assets of the Partnership allocated to the Trading Advisor equal to 15% of the "Trading Profits" (as defined below) as of the end of each calendar quarter; provided, however, that if the Closing (as defined in the Prospectus) is as of the first business day after a month-end that is not the end of a calendar quarter, and if at such Closing an incentive fee has accrued on "Trading Profits", the accrued incentive fee shall become due and be paid to the Trading Advisor
Sample 1

Related to Quarterly Incentive Fee

  • Quarterly Bonus The Employee shall be eligible to be paid a quarterly bonus earned in accordance with the terms set forth on Exhibit 3.2.

  • Incentive Fee The Incentive Fee shall consist of two parts, as follows:

  • Annual Incentive Payment The Executive shall participate in the Company's Management Incentive Plan (or such alternative, successor, or replacement plan or program in which the Company's principal operating executives, other than the Chief Executive Officer, generally participate) and shall have a targeted incentive thereunder of not less than $240,000 per year; provided, however, that the Executive's actual incentive payment for any year shall be measured by the Company's performance against goals established for that year and that such performance may produce an incentive payment ranging from none to 200% of the targeted amount. The Executive's incentive payment for any year will be appropriately pro-rated to reflect a partial year of employment.

  • Performance Fee The fee payable to the Advisor upon termination of this Agreement under certain circumstances if certain performance standards have been met pursuant to Section 4.03(b) or (c).

  • Annual Performance Bonus In the discretion of the Company's Compensation Committee, the Executive shall be eligible to receive an annual performance bonus payable in cash for each full or partial fiscal year of the Company during the Employment Period in accordance with the Company's performance-based bonus program for Executive Officers.

  • Quarterly Payments H3.15 The quarterly payment cannot be increased in cases of target over-achievement. The payments are given on cumulative outputs, in arrears, and therefore the maximum payment available will be given by the end of the Contract if the agreed (target) number of outputs is reached or exceeded.

  • Annual Bonus In addition to Annual Base Salary, Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in cash at least equal to Executive’s highest annual bonus for the last three full fiscal years prior to the Effective Date (annualized in the event that Executive was not employed by the Company for the whole of such fiscal year). Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless Executive shall elect to defer the receipt of such Annual Bonus.

  • Annual Incentive Bonus The Company shall, in addition to Executive’s Base Salary, pay Executive an Annual Incentive Bonus, which shall be payable within 120 days of the end of each fiscal year in accordance with the formula set forth on Exhibit A, attached hereto and made a part hereof.

Time is Money Join Law Insider Premium to draft better contracts faster.