Hurdle Amount. To the extent necessary for a Profits Unit to be a partnership profits interest for U.S. federal tax purposes, such Profits Unit shall have a Hurdle Amount maintained in the records of the Company, which shall be in addition to the Benchmark Amount as specified in the Company Operating Agreement
Appears in 2 contracts
Sources: Director Profits Unit Agreement (GoHealth, Inc.), Executive Common Unit and Profits Unit Agreement (GoHealth, Inc.)