Lehman Formula definition

Lehman Formula means 5% of the first $1 million, plus 4% of the next $1 million, plus 3% of the next $1 million, plus 2% of the next $1 million, plus 1% of all amounts thereafter, in all events relating to the Total Price.
Sample 1
Lehman Formula which is: 5% ox xxx first $1,000,000 of Consideration, as defined below, and 4% of the next $1,000,000 of Consideration, and 3% of the next $1,000,000 of Consideration, and 2% of the next $1,000,000 of Consideration, and 1% of all Consideration which is in excess of $4,000,000. For the purposes set forth herein, "Consideration" shall mean the total value of all cash, securities, the repurchase or buy-out of any options or warrants, any agreements or other property and any other consideration, including, without limitation, any contingent, earned or other consideration, paid or payable, directly or indirectly, in connection with the foregoing acquisition.
Sample 1

Examples of Lehman Formula in a sentence

  • In connection with our merger and acquisition services, you agree that if during the period Kuhns Brothers is retained by you, a Transaction is consummated with a third party introduced by Kuhns Brothers or the Company enters into a definitive agreement with a third party introduced by Kuhns Brothers which at any time thereafter results in a Transaction ("Third Parties"), you will pay Kuhns Brothers a transaction fee equal to the Lehman Formula times the Consideration.

  • It offers no response to the Board’s reasoning that the Lehman Formula is “largely ignored today,” and it does not contest that it provided no real-world examples of the costs incurred in private placement.

  • The Company agrees to pay to Consultant a fee based on the "Lehman Formula" for equity or dxxx xxnds received by the Company from third parties introduced to the Company by Consultant or pursuant to negotiated transactions in which Consultant provides any financial advisory services to the Company.

  • All transaction exceeding $1,000,000 (1st closing) will be compensated based upon the Lehman Formula.

  • Consulxxxx xill be compensated based on the Lehman Formula for any xxxxxr, acquisitions or contracts that he may introduce to company.

  • In connection with our merger and acquisition services, you agree that if during the period Kuhns Brothers is retained by you or within 2 years thereafter, a Transaction is consummated with a third party introduced by Kuhns Brothers or the Company enters into a definitive agreement with a third party introduced by Kuhns Brothers which at any time thereafter results in a Transaction ("Third Parties"), you will pay Kuhns Brothers a transaction fee equal to the Lehman Formula times the Consideration.

  • Use of fee based on share price- Fees of an M&A intermediary company generally use the Lehman Formula (calculated by multiplying the transaction amount by a certain rate)- The company's calculations of fees are based on the share price.

  • In our experience, the use of the Lehman Formula method of fee structure has been minimal.

  • In the event the Company consummates a business combination with any such Company presented by the Consultant (whether the Company is the acquiring Company or the target Company or survives or does not survive a merger), the Company will pay to the Consultant a fee in accordance with generally accepted industry standards (the Lehman Formula) or as may otherwise be agreed upon between the Cxxxxxxant and the Company in advance.

  • A, No. 13 (1928) 170Chorzo´w Factory case (jurisdiction), PCIJ Reports, Ser.

Related to Lehman Formula

  • Payout Formula means as to any Performance Period, the formula or payout matrix established by the Committee pursuant to Section 3.4 in order to determine the Actual Awards (if any) to be paid to Participants. The formula or matrix may differ from Participant to Participant.

  • Performance Formula means, for a Performance Period, the one or more objective formulae applied against the relevant Performance Goal to determine, with regard to the Performance Compensation Award of a particular Participant, whether all, some portion but less than all, or none of the Performance Compensation Award has been earned for the Performance Period.

  • Infant formula means a food that is intended for con- sumption by infants.

  • Formula means the appropriate secondary road fund distribution formula or farm-to-market road fund distribution formula as defined in subrules 102.2(2) and 102.2(3).

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Performance Award Formula means, for any Performance Award, a formula or table established by the Committee pursuant to Section 10.3 which provides the basis for computing the value of a Performance Award at one or more levels of attainment of the applicable Performance Goal(s) measured as of the end of the applicable Performance Period.

  • System for Award Management (SAM means the primary Government repository for prospective Federal awardee and Federal awardee information and the centralized Government system for certain contracting, grants, and other assistance-related processes. It includes—

  • Matrix (1 2 8 9) means a substantially continuous phase that fills the space between particles, whiskers or fibres.

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Payout Period means the time frame during which certain benefits payable hereunder shall be distributed. Payments shall be made in monthly installments commencing on the first day of the month following the occurrence of the event which triggers distribution and continuing for a period of one hundred eighty (180) months. Should the Executive make a Timely Election to receive a lump sum benefit payment, the Executive's Payout Period shall be deemed to be one (1) month.

  • Performance Period means the one or more periods of time, which may be of varying and overlapping durations, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, a Performance-Based Award.

  • Material Change in Formula means the occurrence since the Launch Date of a material change in the formula for, or the method of, calculating the Reference Price.

  • STIP means the Company’s short-term incentive plan under Section 8 of the Company’s 2007 Omnibus Incentive Plan, effective May 8, 2007, as may be amended from time to time, or any successor plan, program or arrangement thereto.

  • MIP has the meaning set forth in Section 3(b) of the Agreement.