Common use of Performance Allocation Clause in Contracts

Performance Allocation. Unicorn Capital Partners, LLC will share the profits of the Fund through a Performance Allocation at the end of the Fiscal Year (§ 1.7) or upon a Withdrawal (§ 4.4) or Redemption (§ 4.3). The Performance Allocation is determined by the performance (§ 6.12) attributed to the Limited Partner (§ 4.1) minus High Water Mark (§ 3.9) and Management Fee (§ 3.11) and determined by the Graduated 10% Hurdle Rate (§ 3.10). On the last day of the Fiscal Year (§ 1.7), or on a Withdrawal or Redemption, the Graduated 10% Hurdle Rate (§ 3.10) is applied to the annualized Performance of the Limited Partner (§ 6.13) minus the High Water Mark and Management Fee. The Performance Allocation charged and transferred is: Graduated 10% Hurdle Rate × 20% × (Performance − High Water Mark − Management Fee)

Performance Allocation. Unicorn Capital Partners, LLC will share the profits of the Fund through a Performance Allocation at the end of the Fiscal Year (§ 1.7) or upon a Withdrawal (§ 4.4) or Redemption (§ 4.3). The Performance Allocation is determined by the performance (§ 6.12) attributed to the Limited Partner (§ 4.1) minus High Water Mark ▇▇▇▇ (§ 3.9) and Management Fee (§ 3.11) and determined by the Graduated 10% Hurdle Rate (§ 3.10). On the last day of the Fiscal Year (§ 1.7), or on a Withdrawal or Redemption, the Graduated 10% Hurdle Rate (§ 3.10) is applied to the annualized Performance of the Limited Partner (§ 6.13) minus the High Water Mark ▇▇▇▇ and Management Fee. The Performance Allocation charged and transferred is: Graduated 10% Hurdle Rate × 20% × (Performance − High Water Mark ▇▇▇▇ − Management Fee)