Lehman Formula definition

Lehman Formula which is: 5% o▇ ▇▇▇ 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.
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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.
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Examples of Lehman Formula in a sentence

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

  • The Company agrees to pay to Consultant a fee based on the "Lehman Formula" for equity or d▇▇▇ ▇▇nds 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.

  • Consul▇▇▇▇ ▇ill be compensated based on the Lehman Formula for any ▇▇▇▇▇r, acquisitions or contracts that he may introduce to company.

  • In the event of the Company consummates a business combination with any such Company presented by the Consultant (whether the Company is 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 the generally accepted industry standards (the Lehman Formula) or as may otherwise be agreed upon between th▇ ▇▇▇▇ultant and the Company in advance.

  • In a merger, sale of assets or joint venture, the Transaction Fee shall be based on the Lehman Formula.

  • 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 C▇▇▇▇▇▇ant and the Company in advance.

  • In the event of the Company consummates a business combination with any such Company presented by the Consultant (whether the Company is 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 the generally accepted industry standards (the Lehman Formula) or as may otherwise be agreed upon ▇▇▇▇▇▇n the Consultant and the Company in advance.

  • TLC agrees to pay to VCA at Closing in cash (or other like-kind compensation acceptable to VCA) an M&A Success Fee according to a Lehman Formula based on the value of the transaction as follows: 5% ▇▇ ▇▇▇ first $1 million in value, 4% of the second $l million in value, 3% of the third $1 million in value, 2% of the fourth $1 million in value and 1% of all value thereafter.

  • In the event of the Company consummates a business combination with any such Company presented by the Consultant (whether the Company is 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 the generally accepted industry standards (the Lehman Formula) or as may other▇▇▇▇ ▇e agreed upon between the Consultant and the Company in advance.