Examples of Final Earnout Report in a sentence
Parent shall make the payment of the Achieved Earnout Amount, if any, to the Company Shareholders in their respective Pro Rata Portion within fifteen (15) Business Days after a Draft Earnout Report becomes a Final Earnout Report.
Unless any of the Recipients notifies the Purchaser within 60 days after receipt of the Earnout Report relating to its fiscal year ended December 31, 2014 (the “Final Earnout Report”) that it objects to the computation relating to the determination of any of the foregoing items in the Final Earnout Report, the Final Earnout Report shall be binding and conclusive for the purposes of this Agreement.
The Recipients shall have reasonable access to the books and records and any accountant’s work papers relating to any of the foregoing during regular business hours, to verify the computations set forth above and in the Final Earnout Report.
During such thirty (30) calendar day period, Seller may accept such Earnout Report at any time, and if so accepted, such Earnout Report shall be final (the “Final Earnout Report”) or, if at the end of such thirty (30) calendar day period, Seller has not delivered an Earnout Dispute Notice to the Purchaser Parties, the Earnout Report shall be the Final Earnout Report.
Such report by the Accounting Referee shall be final, binding and conclusive for all purposes hereunder upon the Purchaser Parties and Seller, and shall be deemed the Final Earnout Report.
If Selling Shareholder timely and properly delivers an Earnout Dispute Notice to Purchasers, during the sixty (60) calendar days after the day on which the Earnout Dispute Notice is given, Selling Shareholder and Purchasers shall use reasonable good faith efforts to resolve such dispute and agree on a Final Earnout Report.
If Seller timely and properly delivers an Earnout Dispute Notice to the Purchaser Parties, during the thirty (30) calendar days after the day on which the Earnout Dispute Notice is given, Seller and the Purchaser Parties shall use reasonable good faith efforts to resolve such dispute and agree on a Final Earnout Report.
Such report by the Accounting Referee shall be final, binding and conclusive for all purposes hereunder upon Purchasers and Selling Shareholder, and shall be deemed the Final Earnout Report.
Purchasers shall maintain such system logs and accounting records referred to in the prior sentence for at least one year after the Final Earnout Report to which such logs and records relate.
If, according to the Final Earnout Report, the applicable Earnout Target has been achieved, Sungy shall pay the applicable Additional Payments in accordance with Section 2.04(e).