Common use of TERMINATION FORMULA Clause in Contracts

TERMINATION FORMULA. The Termination Formula shall mean, upon an Exercise Event, fifty percent (50%) of the product of Incremental Sales, multiplied by one hundred thirty percent (130%) of the ---------- Acquisition Multiple.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Wyle Electronics)

TERMINATION FORMULA. The Termination Formula shall mean, upon an Exercise Event, fifty percent (50%) of the product of Incremental Sales, multiplied MULTIPLIED by one hundred thirty percent (130%) of the ---------- Acquisition Multiple.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Marshall Industries)