2012 Incentive Income Sharing Agreement between Christian Zugel and ZAIS Group, LLC Equity Holders
This agreement, dated February 27, 2012, is between Christian Zugel, the managing member of ZAIS Group, LLC, and other equity holders of the company. It entitles Mr. Zugel to receive 10% of the net incentive income from a specific managed account, after certain deductions for employee compensation and payments to external marketers. The agreement outlines how incentive income is shared among the parties.
Exhibit 10.42
Description of 2012 agreement between Christian Zugel and other holders of equity interests in ZAIS Group, LLC
Under the terms of an agreement dated February 27, 2012 by and between Christian Zugel, as managing member of ZAIS Group, LLC (“Mr. Zugel”), and holders of equity interests in ZAIS Group, LLC as of such date, Mr. Zugel is entitled to receive 10% of the net incentive income with respect to a certain managed account, after deducting certain employee compensation payments and payments made to external marketers.
