WebOct 2, 2024 · Finally, the private equity catch-up clause is a legal provision meant to compensate the General Partner (GP) based on an investment’s total return, not just the return in excess of the pre-established hurdle. In practice, in a deal with a GP Catch-Up clause, the LP receives 100% of the property’s cash flow until their preferred return ... WebAny required repayment under the Clawback must be made promptly, and in all events within twenty (20) calendar days following the date of your termination of employment with the Company. Sample 1 Sample 2 Sample 3 See All ( 12) Save Retention Bonus.
Clawback - Understanding How Clawback Provisions Work
WebJun 1, 2024 · Clawback provisions may last one year after the sale or for several years. I have utilized provisions that last up to 10 years, although ranges of three to five years are more common. An active partner involved for many years in a mature business (i.e., bakery or funeral home) with slow, steady growth will claim the clawback should continue for ... WebA clawback occurs in sales when a company has paid rep commissions on a sale and then the customer abruptly ends the contract within a certain period of time. The clawback itself is when the employee pays back the commissions per the sales commission plan. HubSpot, for instance, has a clawback policy in effect for the first four months of the ... how do i convert a queue into the stack
Clawback - Meaning, Provisions, Clauses and Examples
WebClawback (a) Where a sum is to be paid to the Agent under the Finance Documents for another Party, the Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum. Most Referenced Clauses WebThis Clawback Agreement (“Agreement”) applies to all discovery, whether produced as ESI, in paper form, or other formats. In this Agreement: “Document” means any material, … WebNotwithstanding any provision of this Agreement to the contrary, the Company reserves the right, without the consent of Employee, to adopt any such clawback policies and … how do i convert a pdf to excel spreadsheet