Definition of 2017 Earnout Stock


2017 Earnout Stock means One Hundred Thousand (100,000) Shares and an equivalent number of Units.

Examples of 2017 Earnout Stock in a sentence

If the Target Year Earnout Ceiling for the 2016 Target Year is achieved and payable to the Prior Members under the Earnout Agreement, then the Seller shall be entitled to the 2017 Earnout Stock.
The 2017 Earnout Stock, 2018 Earnout Stock, and/or 2019 Earnout Stock, if due pursuant to this Section 2.2(d), shall be issued to Seller by SEI and Buyer on the same date as the Earnout Payment is made for the respective Target Year under this Section 2.2(d).