Guidance Note - As set out above, the references to the 'Performance Reward Amount' and 'Performance Liability Amount' in this clause may be deleted if Alternative 2 of the Risk or Reward Regime applies (i.e. performance in the KRAs is used to modify the calculation of any Gainshare Amount or Painshare Amount, rather than being subject to a separate performance payment). Please refer to Schedule 7. |
As soon as practicable after the Date of Practical Completion, the ALT will calculate:
(a) the Interim Gainshare Amount or Interim Painshare Amount (if any and as the case may be); and
(b) the Performance Reward Amount or Performance Liability Amount (if any and as the case may be) for the period from the date of this Agreement until the Date of Practical Completion, in accordance with the Risk or Reward Regime.