DISTRIBUTION PERCENTAGES. The Shareholders shall be distributed Profits pro rata in accordance with their percentage of share ownership, except that if UGE meets the financial goals set forth in Exhibit J, and such subsequent annual goals established by the Shareholders, then UGE shall be entitled to receive up to 49% of the Profits agreed to be distributed.
Appears in 2 contracts
Sources: Stock Purchase and Shareholders Agreement, Stock Purchase and Shareholders Agreement (Earthfirst Technologies Inc)