Common use of Target Allocations Clause in Contracts

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. Payments & Distributions comprising the Total Annual Amount Target Allocation Percentage Current Cash (including Quarterly Payments) 60% Deferred Cash Interests 15% Annual RSU Award 25%

Appears in 3 contracts

Samples: Partner Agreement (Och-Ziff Capital Management Group LLC), Partner Agreement (Och-Ziff Capital Management Group LLC), Partner Agreement (Och-Ziff Capital Management Group LLC)

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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 6075% of the Total Annual Amount for any Fiscal Year. : Payments & Distributions comprising the Total Annual Amount Target Allocation Percentage Current Cash (including Quarterly Payments) 6075 % Deferred Cash Interests 15% and/or Annual RSU Award 2525 %

Appears in 3 contracts

Samples: Partner Agreement (Sculptor Capital Management, Inc.), Partner Agreement (Sculptor Capital Management, Inc.), Partner Agreement (Sculptor Capital Management, Inc.)

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