Relating to the Variable Distributions for 2017 and 2018. In order to be eligible to receive any portion of the Variable Distribution in respect of each of Fiscal Years 2017 and 2018, the Limited Partner shall not have ceased to be an Active Individual LP on or before the last day of such Fiscal Year, except that the Limited Partner shall remain eligible for the Variable Distribution with respect to such Fiscal Year if he has been subject to a Withdrawal pursuant to clause (B) (PPC Termination) of Section 8.3(a)(i) of the Limited Partnership Agreement or a Special Withdrawal as of the last day of such Fiscal Year; provided that in the case of such Withdrawal or Special Withdrawal the Limited Partner complies with Section 6 below.
Appears in 3 contracts
Sources: Partner Agreement (Sculptor Capital Management, Inc.), Partner Agreement (Sculptor Capital Management, Inc.), Partner Agreement (Sculptor Capital Management, Inc.)