BlackRock Share Carry Pool

Example Definitions of "BlackRock Share Carry Pool"
BlackRock Share Carry Pool. As determined by the Committee in its sole discretion, a dollar amount equal to 100% of the total carried interest distributions allocated and paid to the Company or any of its Subsidiaries or Affiliates, including any amounts payable to Eligible Individuals pursuant to the terms of the Plan; provided, that no amount shall be deemed to be part of the BlackRock Share Carry Pool unless and until it is no longer subject to clawback pursuant to the terms of the governing documents of the applicable... Participating Carry Fund. For the avoidance of doubt, the BlackRock Share Carry Pool shall not include (i) the "management share" of carried interest distributions in respect of any Participating Carry Fund and (ii) any amounts received by the Company or any of its Subsidiaries or Affiliates that are allocated to participants under any compensatory programs (other than the Plan) intended to track the value of interests in the Participating Carry Funds (i.e., "shadow carry" programs), in each case as determined by the Committee in its sole discretion View More
All Definitions