Tranche B Partial Service/Performance Factor

Example Definitions of "Tranche B Partial Service/Performance Factor"
Tranche B Partial Service/Performance Factor. A factor carried out to the sixth decimal to be used in calculating the Earned LTIP Tranche B Units pursuant to Section 4(b) in the event of a Qualified Termination, or pursuant to Section 4(d) in the event of a Change of Control prior to the Tranche B Valuation Date, determined by dividing the number of calendar days that have elapsed since the Effective Date to and including the date of the Grantee's Qualified Termination or a Change of Control, whichever is applicable, by 1,095
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