Definition of Tier 1 DRG Performance Target


Tier 1 DRG Performance Target means aggregate revenues of $1,100,000 and aggregate Gross Profit of $330,000 produced by the Business in the Earn-out Period.
Sample 1

Examples of Tier 1 DRG Performance Target in a sentence

As part of the Purchase Price for the sale of the Acquired Assets, the Buyer shall issue to Seller 500,000 Warrants (the "Earn-out Warrants") which shall vest if, and only if, at the end of the eighteen (18) month period from the Closing Date (the "Earn-out Period"), either the Tier 1 DRG Performance Target, Tier 2 DRG Performance Target or Tier 3 DRG Performance Target has been met.