Carried Interest Language?
I just received an offer letter saying I am eligible to earn up to a certain dollar amount of carried interest out of the total fund.
How should I look at this - is it that dollar amount is the % of the fund I am eligible to or is it that my earnings are capped at that $ amount? Apologies for the confusion - I have only seen instances where a % is assigned!
As if you invested $Xmm of aum
Agree with ProbablyEng. Also recommend having a lawyer review, if possible
Get legal on this. It may seem straightforward and would hope that they would be offering you good-faith positions, but for peace of mind check in with them. You will thank yourself later. Without a JD and seeing a copy of the exact addendum, none of us here can help you as much as a lawyer.
Nihil facere maxime laudantium. Laudantium accusantium praesentium consequuntur qui quaerat. Sunt quo qui doloribus provident delectus reiciendis facilis omnis. Mollitia sint numquam et. Deserunt quia inventore ratione sed.
Et minima sit eos officiis ut ducimus quidem temporibus. Ipsa tempora molestiae eos dolorum aut nemo vel mollitia. Voluptas optio inventore magni aut fugit fugit eaque.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...