Common use of Performance Incentive Mechanism Clause in Contracts

Performance Incentive Mechanism. In order to mobilize the work potentials and initiatives of the Management Team, facilitate the successful realization of the corporate operation goals, the Partnership may formulate an incentive mechanism for excess profits with respect to the Management Team of the General Partners. This incentive mechanism shall come into force subject to the joint execution of the General Partners and the Limited Partners.

Performance Incentive Mechanism. In order to mobilize the work potentials potential and initiatives enthusiasm of the Management Team, Team and facilitate the successful realization smooth fulfillment of the corporate operation goalsbusiness objectives of the Partnership, the Partnership may formulate an establish the profit over-fulfillment incentive mechanism for excess profits with respect to the Management Team of the General PartnersPartner. This Such incentive mechanism shall come into force subject to the joint become effective upon execution of by the General Partners Partner and the Limited Partners.