{"component": "definition", "props": {"groups": [{"snippet": "means an amount equal to 25% of the revenues generated from an SES Contract.", "size": 3, "snippet_links": [{"key": "equal-to", "type": "definition", "offset": [16, 24]}, {"key": "revenues-generated", "type": "clause", "offset": [36, 54]}], "samples": [{"hash": "9rkq6820a2d", "uri": "/contracts/9rkq6820a2d#contribution-margin", "label": "Asset Purchase Agreement (Educate Inc)", "score": 21.0, "published": true}, {"hash": "jlUphF07D3Z", "uri": "/contracts/jlUphF07D3Z#contribution-margin", "label": "Asset Purchase Agreement (Sylvan Learning Systems Inc)", "score": 18.0, "published": true}, {"hash": "bZkEiVCrWT0", "uri": "/contracts/bZkEiVCrWT0#contribution-margin", "label": "Asset Purchase Agreement (Apollo Investment Fund Iv Lp)", "score": 18.0, "published": true}], "hash": "c004d0283f198de1ab0377f6ffa72df0", "id": 1}, {"snippet": "for this purpose is calculated as gross revenue from sales of products utilizing the Purchased Assets, less: (i) cost of goods sold, (ii) credit card processing fees, (iii) sales tax, (iv) shipping costs, (v) coupons, returns, and allowances, and (vi) direct and indirect sales commissions paid by Buyer. The aggregate Contingent Consideration payable over the Contingent Consideration Period (defined below) is capped at two million dollars ($2,000,000.00) (the \u201cContingent Consideration Cap\u201d). The Contingent Consideration Period runs from the termination of the TSA (as defined below) until the earlier of: (i) achieving the Contingent Consideration Cap, or (ii) December 31, 2025. There is no minimum contingent consideration payable by Buyer. For the avoidance of doubt, and by way of example, if the sales of the products utilizing the Purchased Assets by Buyer fails to exceed $2,000,000 for any year during the Contingent Consideration Period, there will be no Contingent Consideration payable to Seller by Buyer for that year. In any year during the Contingent Consideration Period in which the sales of the products of Buyer utilizing the Purchased Assets exceeds $2,000,000, there will be Contingent Consideration payable to Seller by Buyer in any such year, calculated at the rate of five percent (5%) of the amount of the Contribution Margin on sales in excess of $2,000,000 for that year. Within ninety (90) days after the end of each fiscal year during the Contingent Consideration Period, Buyer shall prepare and deliver the calculation of the amount of the Contingent Consideration for such fiscal year, if any, along with reasonable detail to allow the Seller to review and verify the same.", "size": 3, "snippet_links": [{"key": "gross-revenue", "type": "definition", "offset": [34, 47]}, {"key": "sales-of-products", "type": "clause", "offset": [53, 70]}, {"key": "the-purchased-assets", "type": "clause", "offset": [81, 101]}, {"key": "cost-of-goods-sold", "type": "definition", "offset": [113, 131]}, {"key": "credit-card-processing-fees", "type": "clause", "offset": [138, 165]}, {"key": "sales-tax", "type": "definition", "offset": [173, 182]}, {"key": "shipping-costs", "type": "definition", "offset": [189, 203]}, {"key": "and-allowances", "type": "clause", "offset": [227, 241]}, {"key": "sales-commissions", "type": "clause", "offset": [272, 289]}, {"key": "paid-by-buyer", "type": "clause", "offset": [290, 303]}, {"key": "consideration-payable", "type": "clause", "offset": [330, 351]}, {"key": "contingent-consideration-period", "type": "definition", "offset": [361, 392]}, {"key": "consideration-cap", "type": "definition", "offset": [475, 492]}, {"key": "termination-of-the", "type": "clause", "offset": [546, 564]}, {"key": "no-minimum", "type": "clause", "offset": [694, 704]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [748, 774]}, {"key": "the-sales", "type": "definition", "offset": [802, 811]}, {"key": "the-products", "type": "clause", "offset": [815, 827]}, {"key": "to-seller", "type": "clause", "offset": [1002, 1011]}, {"key": "of-buyer", "type": "clause", "offset": [1126, 1134]}, {"key": "rate-of", "type": "clause", "offset": [1288, 1295]}, {"key": "five-percent", "type": "clause", "offset": [1296, 1308]}, {"key": "amount-of-the-contribution", "type": "clause", "offset": [1321, 1347]}, {"key": "days-after", "type": "definition", "offset": [1422, 1432]}, {"key": "fiscal-year", "type": "clause", "offset": [1449, 1460]}, {"key": "buyer-shall", "type": "clause", "offset": [1505, 1516]}, {"key": "calculation-of-the-amount", "type": "clause", "offset": [1541, 1566]}, {"key": "the-seller", "type": "clause", "offset": [1667, 1677]}], "samples": [{"hash": "fSPzugJA6rs", "uri": "/contracts/fSPzugJA6rs#contribution-margin", "label": "Asset Purchase Agreement", "score": 31.3408622742, "published": true}, {"hash": "2lQ0FLvPI1p", "uri": "/contracts/2lQ0FLvPI1p#contribution-margin", "label": "Asset Purchase Agreement (Oragenics Inc)", "score": 27.4750175476, "published": true}, {"hash": "kmOrmRPNama", "uri": "/contracts/kmOrmRPNama#contribution-margin", "label": "Asset Purchase Agreement", "score": 26.1704311371, "published": true}], "hash": "30f9a9fdd5e8f1fc61c75492ad80f2b1", "id": 2}, {"snippet": "means operating revenues less cost of revenues, selling and marketing expenses and research and development expenses.", "size": 3, "snippet_links": [{"key": "operating-revenues", "type": "definition", "offset": [6, 24]}, {"key": "cost-of-revenues", "type": "clause", "offset": [30, 46]}, {"key": "expenses-and", "type": "clause", "offset": [70, 82]}, {"key": "research-and-development-expenses", "type": "clause", "offset": [83, 116]}], "samples": [{"hash": "9SnLK3uvGEm", "uri": "https://www.dfinsolutions.com/sites/default/files/documents/2020-07/78967_msci_inc.pdf", "label": "www.dfinsolutions.com", "score": 11.8863430023, "published": false}, {"hash": "3gSVfxgbhMX", "uri": "https://ir.msci.com/static-files/94941e47-b090-4b70-b15f-d9b805333372", "label": "Proxy", "score": 9.5639972687, "published": false}, {"hash": "9C41Q4mS9Pp", "uri": "https://ir.msci.com/static-files/b118d48b-f7ed-4873-b519-9916fb6e04b9", "label": "ir.msci.com", "score": 7.5639972687, "published": false}], "hash": "cc585ebc843c7a172dd97e1b2bce813c", "id": 3}, {"snippet": "means *, less (a) ** and (b) ** for the applicable period.", "size": 2, "snippet_links": [{"key": "applicable-period", "type": "clause", "offset": [40, 57]}], "samples": [{"hash": "8309S1FGOo9", "uri": "https://www.annualreports.com/HostedData/AnnualReportArchive/a/NASDAQ_ADMP_2001.pdf", "label": "www.annualreports.com", "score": 9.965092659, "published": false}, {"hash": "5Tq37J33KVL", "uri": "http://ir.adamispharmaceuticals.com/static-files/a142f9a4-27a8-4019-bb99-38700252c026", "label": "ir.adamispharmaceuticals.com", "score": 6.9206023216, "published": false}], "hash": "1a47d7b21b7a54f644ed1c20707fcb32", "id": 4}, {"snippet": "means Market Contribution less distribution expenditure;", "size": 2, "snippet_links": [], "samples": [{"hash": "akXX3HeExz6", "uri": "/contracts/akXX3HeExz6#contribution-margin", "label": "Business and Share Sale and Purchase Agreement (Colgate Palmolive Co)", "score": 20.319644928, "published": true}, {"hash": "hnVtpBW4LYD", "uri": "https://investor.colgatepalmolive.com/static-files/cc8609e4-2688-4ffc-abe1-f1e554f2208a", "label": "investor.colgatepalmolive.com", "score": 9.2737846375, "published": false}], "hash": "67e192a186217ab384bfccd26afb11dd", "id": 5}, {"snippet": "has the meaning given such term in the Schedule to this Section.", "size": 2, "snippet_links": [{"key": "schedule-to", "type": "clause", "offset": [39, 50]}], "samples": [{"hash": "iNerDsqk7kL", "uri": "/contracts/iNerDsqk7kL#contribution-margin", "label": "Worldwide Purchase and Sale Agreement (Grace W R & Co /Ny/)", "score": 18.0, "published": true}, {"hash": "9setcIqgRIq", "uri": "/contracts/9setcIqgRIq#contribution-margin", "label": "Worldwide Purchase and Sale Agreement (Betz Laboratories Inc)", "score": 18.0, "published": true}], "hash": "8b70e0e508b1c82a5ad6656c9b42d864", "id": 6}, {"snippet": "means, with respect to any Measurement Period, an amount equal to the remainder of (i) the revenue of the Business, net of any returns, discounts, sales allowances and other similar amounts, minus (ii) the cost of revenue of the Business (including product costs, damaged costs, returns costs of goods sold, inventory adjustments, packaging costs, freight costs, duties and tariffs, landed cost variances and purchase price variances) minus, (iii) the operating expenses of the Business (including fulfillment expenses, advertising expenses, selling expenses, storage expenses and receiving fees), in each of clauses (i), (ii) and (iii), as such amounts are calculated in accordance with Seller\u2019s principles, practices, policies, procedures, conventions, classifications, estimation techniques, judgments, and methodologies that were applied in preparing the 2026 Forecast (including in relation to the exercise of accounting discretion and judgement). An example calculation of Contribution Margin as of February 28, 2026 is set forth on Schedule 1.1-CM; provided, however, that such example calculation is for illustrative purposes only.", "size": 2, "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "measurement-period", "type": "definition", "offset": [27, 45]}, {"key": "equal-to", "type": "definition", "offset": [57, 65]}, {"key": "the-business", "type": "clause", "offset": [102, 114]}, {"key": "cost-of-revenue", "type": "definition", "offset": [206, 221]}, {"key": "product-costs", "type": "clause", "offset": [249, 262]}, {"key": "costs-of-goods-sold", "type": "definition", "offset": [287, 306]}, {"key": "inventory-adjustments", "type": "clause", "offset": [308, 329]}, {"key": "freight-costs", "type": "clause", "offset": [348, 361]}, {"key": "cost-variances", "type": "definition", "offset": [390, 404]}, {"key": "purchase-price", "type": "clause", "offset": [409, 423]}, {"key": "expenses-of-the", "type": "clause", "offset": [462, 477]}, {"key": "fulfillment-expenses", "type": "clause", "offset": [498, 518]}, {"key": "advertising-expenses", "type": "clause", "offset": [520, 540]}, {"key": "selling-expenses", "type": "definition", "offset": [542, 558]}, {"key": "expenses-and", "type": "clause", "offset": [568, 580]}, {"key": "in-accordance-with", "type": "definition", "offset": [669, 687]}, {"key": "in-relation-to", "type": "clause", "offset": [884, 898]}, {"key": "exercise-of", "type": "clause", "offset": [903, 914]}, {"key": "calculation-of-contribution", "type": "clause", "offset": [964, 991]}, {"key": "february-28", "type": "definition", "offset": [1005, 1016]}, {"key": "on-schedule", "type": "definition", "offset": [1036, 1047]}, {"key": "for-illustrative-purposes", "type": "clause", "offset": [1108, 1133]}], "samples": [{"hash": "aEd6rrwr9EI", "uri": "/contracts/aEd6rrwr9EI#contribution-margin", "label": "Asset Purchase Agreement (Aterian, Inc.)", "score": 37.3230667114, "published": true}, {"hash": "856g930QQwU", "uri": "/contracts/856g930QQwU#contribution-margin", "label": "Asset Purchase Agreement (Aterian, Inc.)", "score": 37.3230667114, "published": true}], "hash": "8ac5beaa92657a0970f88d32cebc5d68", "id": 7}, {"snippet": "means net revenue from sales (gross revenue net of refunds or chargebacks), less expenses related to the provision of services or equipment under the contract.", "size": 2, "snippet_links": [{"key": "net-revenue", "type": "clause", "offset": [6, 17]}, {"key": "gross-revenue", "type": "definition", "offset": [30, 43]}, {"key": "related-to", "type": "definition", "offset": [90, 100]}, {"key": "services-or-equipment", "type": "clause", "offset": [118, 139]}, {"key": "the-contract", "type": "definition", "offset": [146, 158]}], "samples": [{"hash": "cASiVB5WOt9", "uri": "/contracts/cASiVB5WOt9#contribution-margin", "label": "Employment Agreement (Safe Pro Group Inc.)", "score": 35.5461997986, "published": true}, {"hash": "5tjohch1Um1", "uri": "/contracts/5tjohch1Um1#contribution-margin", "label": "Employment Agreement (Safe Pro Group Inc.)", "score": 35.5461997986, "published": true}], "hash": "47b5f4d5ab8f16af013f5b5be27fc181", "id": 8}, {"snippet": "shall be calculated in accordance with Exhibit P consistent with past practice in the ordinary course of the Subject Companies\u2019 business.", "size": 2, "snippet_links": [{"key": "in-accordance-with", "type": "definition", "offset": [20, 38]}, {"key": "exhibit-p", "type": "clause", "offset": [39, 48]}, {"key": "consistent-with-past-practice", "type": "clause", "offset": [49, 78]}, {"key": "ordinary-course", "type": "clause", "offset": [86, 101]}, {"key": "subject-companies", "type": "definition", "offset": [109, 126]}], "samples": [{"hash": "iObaldKeytm", "uri": "/contracts/iObaldKeytm#contribution-margin", "label": "LLC Membership Interest Purchase Agreement (NRG Energy, Inc.)", "score": 21.0, "published": true}, {"hash": "ceZNwBemKGk", "uri": "/contracts/ceZNwBemKGk#contribution-margin", "label": "LLC Membership Interest Purchase Agreement (Reliant Energy Inc)", "score": 21.0, "published": true}], "hash": "8b9b2fb4062d8810c0d11fc7401e5735", "id": 9}, {"snippet": "means the contribution margin (being (i) revenue less direct cost divided by (ii) revenue), as calculated in accordance and consistent with Atento Brazil\u2019s historic management accounts as illustrated in Schedule XX. For purposes of clarity, Contribution Margin shall be expressed as a percentage.", "size": 2, "snippet_links": [{"key": "the-contribution", "type": "clause", "offset": [6, 22]}, {"key": "direct-cost", "type": "definition", "offset": [54, 65]}, {"key": "divided-by", "type": "clause", "offset": [66, 76]}, {"key": "in-accordance", "type": "definition", "offset": [106, 119]}, {"key": "consistent-with", "type": "definition", "offset": [124, 139]}, {"key": "management-accounts", "type": "definition", "offset": [165, 184]}, {"key": "for-purposes-of", "type": "clause", "offset": [216, 231]}, {"key": "a-percentage", "type": "definition", "offset": [283, 295]}], "samples": [{"hash": "5IoU1mt5CSc", "uri": "/contracts/5IoU1mt5CSc#contribution-margin", "label": "Sale and Purchase Agreement (Atento S.A.)", "score": 25.4955501556, "published": true}, {"hash": "byY0tWjSVvb", "uri": "/contracts/byY0tWjSVvb#contribution-margin", "label": "Sale and Purchase Agreement (Telefonica S A)", "score": 24.2169742584, "published": true}], "hash": "d56b9c168397ce346b89b59d73c34ffe", "id": 10}], "next_curs": "CmASWmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjwLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIcY29udHJpYnV0aW9uLW1hcmdpbiMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"snippet": "means an amount equal to 25% of the revenues generated from an SES Contract.", "size": 62, "title": "Contribution Margin", "id": "contribution-margin", "examples": ["For purposes hereof <strong>Contribution Margin</strong> shall be defined as gross revenue received from sale of Phage Products minus direct costs minus indirect cost (excluding selling, general and administrative costs).", "In any year during the Contingent Consideration Period in which the sales of the products of Buyer utilizing the Purchased Assets exceeds $2,000,000, there will be Contingent Consideration payable to Seller by Buyer in any such year, calculated at the rate of five percent (5%) of the amount of the <strong>Contribution Margin</strong> on sales in excess of $2,000,000 for that year.", "For purposes hereof <strong>Contribution Margin</strong> shall be defined as gross revenue received from sale of Cardio Products minus direct costs minus indirect cost (excluding selling, general and administrative costs).", "The Seller Public Financial Statements, Asset and Liability Information and <strong>Contribution Margin</strong> Information referred to in this Section 3.3, reflect the consistent application of GAAP throughout the periods involved.", "The audited financial statements required by Section 4.4 of this Agreement shall report the same gross margin (labeled in Schedule 2.8 as \u201cTotal <strong>Contribution Margin</strong> after Pro Forma Adjustments\u201d and referred to herein as \u201cGross Margin&quot;) for the period ended December 31, 2005 as set forth in the Income Statement.", "Buyer and Grace agree that the audit adjustments set forth on such schedule will be the only items which the parties may dispute in connection with the calculation of the <strong>Contribution Margin</strong> adjustment.", "Such Asset and Liability Information and the <strong>Contribution Margin</strong> Information referred to above presents fairly in all material respects the Asset and Liability Information and <strong>Contribution Margin</strong> Information of the Procuren Operations in accordance with GAAP.", "Fees and expenses for the certification process set forth in this Section 6 shall be first borne by Dada, provided that, if the Second Audit Process reports no material variation from the determinations of <strong>Contribution Margin</strong> Per Order undertaken in the First Audit Process and no violation of this Section 6, then any and all expenses incurred by Dada (with reasonable substantiation) in connection with the Second Audit Process shall be reimbursed by WCI.", "<strong>CONTRIBUTION MARGIN</strong> SPLIT is the percentages of the <strong>Contribution Margin</strong> that BNPI and ASTA Medica will receive for a given range of Cumulative Gross Sales.", "If a written agreement resolving any disputed item has not been reached within 45 calendar days after the date of receipt by Grace of Buyer&#x27;s notice of objection to the Closing Net Amount or the <strong>Contribution Margin</strong> Adjustment, then either Grace or Buyer may, by notice to the other refer their differences to a &quot;Big Six&quot; 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