Predetermined Amount

Predetermined Amount. The value of EBI Preferred Units the Company has committed to grant to each Participant over the next five (5) years. Each Participant's Initial EBI Preferred Award Agreement shall specify the Predetermined Amount for each Participant. For example, if a Participant's EBI Preferred Award Agreement specifies a Predetermined Amount of $5,000, the Participant shall be awarded $1,000 of EBI Preferred Units for each year of the five year period beginning January 1, 2006, as long as the Participant... continues in the employ of the Company. If the Participant's employment with the Company terminates, there will be no additional grants of the Predetermined Amount View More