Common use of Incremental Clause in Contracts

Incremental. Equity Interest is defined as the cumulative incremental share of the equity of the Company that shall be earned by GeoPark from the LGI Shareholder, each time the RF is achieved within the specified range. For the avoidance of doubt, any Incremental Equity Interest earned by GeoPark and paid by the LGI Shareholder, shall not be earned back by the LGI Shareholder notwithstanding any change in the RF, whether positive or negative.