Profit Participation. During the Term, subject to Section 5 below, you shall be entitled to receive:
Profit Participation. The Manager shall participate in the distribution of any excess Net Profits as follows: after distribution of the Preferred Return to the Members, the Manager shall receive Fifty Percent (50%) of all Net Profits on a monthly and non-cumulative basis.
Profit Participation. Terms to be negotiated in good faith. If the parties fail to reach agreement ____ months after execution hereof, either party, upon 30 days notice to the other, may submit the matter to what is known as a “baseball arbitration,” in which each party presents one profit proposal and the arbitrator is required to adopt one of the two proposals. The arbitrator shall be selected and the arbitration conducted pursuant to the Voluntary Labor Arbitration Rules of the AAA.
Profit Participation. In consideration for the Option, upon each sale of the Optioned Shares by the Optionee (or its Affiliate, as defined below) to a Person which is not an Affiliate of the Optionee, (each such sale referred to herein as a "Final Sale"), the Optionee shall pay to the Optionor an amount equal to 50% of the difference between the amount realized in the Final Sale (the aggregate sales price less any commissions payable as a result of the Final Sale to a Person who is not an Affiliate of the Optionee) and the aggregate Purchase Price. The Optionee (or its Affiliate) shall determine, in its sole discretion whether, when, and at what price, to sell the Optioned Shares; provided however, Optionee shall consult with Optionor, with respect to any prospective sale of the Optioned Shares prior to such sale. Further provided, Optionee shall give Optionor prompt notice (next business day) of such Final Sale, and shall promptly remit (one day following Optionee's receipt of sale proceeds) the amount of the sales proceeds due Optionor by virtue of any such Final Sale, along with a detailed written accounting therefor which shows in reasonable detail all calculations used to determine the amount due to Optionor.
Profit Participation. Upon execution and delivery of the Subscription Agreement, Executive shall be entitled to an additional profit participation in the Parent in a percentage determined by the Company, which shall be represented by an additional 120 New Class B Units of the Parent. The New Class B Units will be subject to the terms and conditions of the Subscription Agreement.
Profit Participation. The Employee shall be entitled to a profit participation equal to two and one-half percent (2.5%) of the Company's annual consolidated profits (after tax) above US1,000,000 (one million US Dollars), but no more than the sum equaling 4 times the annual base salary of Employee.
Profit Participation. For content listed in Schedule A6 of Schedule A (each a “Project”), Licensor will only grant Licensee certain profit participation rights, for certain durations, as detailed and set forth in Schedule A6 of Schedule A. Licensee will not have distribution rights or any other rights to the content in Schedule A6 of Schedule A under Section 2(a)-(d). If for any reason the A6 projects do not get produced, SSS will substitute comparable projects, to be mutually approved. “Profit Participation” means a portion of Profits equal to the amount designated in Schedule A6 of Schedule A. “Profits” shall be defined and calculated as follows:
Profit Participation. Manager shall receive 15 % of I 00% of the actual profits earned by Production Company from the Picture with no deductions, pursuant to the ultimate Revenue Waterfall which shall be attached as Exhibit A of this Agreement and which shall be mutually agreed upon by Manager and Member/Financer (and as amended to account for other subsequent participants). Legion M Entertainment shall be granted on a most favored nations basis the same definition for profit participation and/or box office bonuses as that accorded to any other participant on the Picture.
Profit Participation. For a period of sixty (60) days after the Effective Date (the “Profit Participation Period”), Seller shall be entitled to one-half (1/2) of all net profits from any sale by Purchaser of all or substantially all of the assets or stock of Fox, provided that such sale must be consummated within the Profit Participation Period.
Profit Participation. After such time as the Residential Lending Group earns $330,000 (after deduction of all expenses, salaries, commissions and employee override payments and profit participation payments), the Executive shall receive Twenty Five (25%) percent of the after-tax profits of the Business over Three Hundred and Thirty Thousand ($330,000.00) Dollars (calculated on a after-tax basis). In calculating profits for purposes of this paragraph, the revenues and expenses of the Business shall be accounted for in accordance with generally accepted accounting principles, consistently applied.
