Examples of Earnout Participants in a sentence
Upon exercise of the Earn-out Rights, the Issuable Earn-out Shares will be issued to Quwan EOR Limited held by Earn-out Trust for the benefits of the Earn-out Participants.
For avoidance of doubt, the Earn-out Participants will only be entitled to receive the Share Price Issuable Earn-out Shares once when each Share Price Earn-out Event is being triggered.
Service Providers are eligible to be granted Awards under the Plan, subject to the limitations described herein; in addition, Earnout Participants are eligible to be granted Restricted Earnout Shares, subject to the limitations described herein.
Upon exercise of the Successor Company Listed Warrant based on the Net Profit Earn-out Event when the Net Profit Earn-out Events are triggered and the Earn-out Participants will be entitled to receive one-third of the Net Profit Issuable Earn-out Shares upon exercise of the Successor Company Unlisted Warrant whenever the Net Profit Earn-out Event based on the single year Adjusted Net Profit is being triggered.
If such parties are unable to agree on the choice of an accounting firm, such accounting firm will be selected by lot from a list of nationally recognized accounting firms, after excluding the regular outside accounting firms of the Company and the Earnout Participants.