IRR

IRR. Shall mean, as determined by the Board based on an analysis provided by the Company's management, Blackstone's annually compounded internal rate of return based on the applicable sale price of Blackstone's aggregate investment in the Company taking into account all dividends, distributions, and other proceeds received by Blackstone, but excluding any fees paid to Blackstone pursuant to that certain Monitoring Agreement by and between the Company and Blackstone dated November 3, 2006, as amended... from time to time, or any successor thereto, and based on the assumption that all shares available for or subject to award under the Plan are outstanding shares of Company common stock. View More