Fourth Earn definition
Fourth Earn. Out Payment" shall be equal to $750,000, in the event EBITDA for the 12-month period ending June 30, 2002 equals or exceeds $1,000,000; provided, however, that in the event that EBITDA for such period is in excess of $800,000 but less than $1,000,000, then the Fourth Earn Out Payment shall be equal to $600,000.