Earnout Period definition

Earnout Period has the meaning set forth in Section 2.5(a)(iii).

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Earnout Period means the time period between the Closing Date and the five-year anniversary of the Closing Date.

Earnout Period has the meaning specified in Section 3.4.

Examples of Earnout Period in a sentence

The Clawback shall be determined independently for each fiscal year during the Earnout Period (i.e., fiscal years ending December 31, 2026 and December 31, 2027).
Subject to the terms and conditions of this Agreement, Seller shall be entitled to receive additional contingent consideration (the “Earnout”) based on the post-Closing Revenue performance of the Video Solutions Business during the Earnout Period.
The total Earnout payable over the Earnout Period shall not exceed $1,000,000.
In addition, from the Closing until the end of the Earnout Period, Buyer Parties shall not (and they shall cause each Company and their respective Subsidiaries not to) take or omit to take any action with a purpose to avoid, reduce or frustrate any Gross Profit, Earnout Amount or Earnout Payment.
No later than sixty (60) days after the Earnout Period, Buyer Parent shall prepare and deliver to Parent a separate statement setting forth their calculation of Gross Profit for the Earnout Period and the Earnout Amount (the “Earnout Statement”).

More Definitions of Earnout Period

Earnout Period means the First Earnout Period and the Second Earnout Period.

Earnout Period means the First Earnout Period, the Second Earnout Period and the Third Earnout Period, as applicable.

Earnout Period means the time period between the date that is seventy (70) days after the Closing Date and the five-year anniversary of the Closing Date.

Earnout Period shall have the meaning given to such term in Section 2.7.

Earnout Period means the three year period from January 1, 2010 through December 31, 2012 (“Earnout Period”).

Earnout Period shall have the meaning set forth in Section 2.3(a).

Earnout Period shall have the meaning set forth in Section 1.5(a).