Annual CPRE Performance Period

Annual CPRE Performance Period. With respect to the measurement of Total Return and whether Award LTIP Units granted as part of the CPRE Award shall vest pursuant to Section 4(b) hereof as of any particular Annual CPRE Vesting Date, the performance period that begins January 1 of that Vesting Year and ends on December 31 of that Vesting Year; provided, however, that the Annual CPRE Vesting Period ending on December 31, 2007 shall begin on the Effective Date and the Total Return hurdle for purposes of Section 4(b)(ii) shall be... pro rated to 7.5% from 9% View More