Upside Commission definition

Upside Commission means an amount equal to (i) US$ 350,000 (Three Hundred and Fifty Thousand Dollars), if an Exit Transaction occurs on or prior to June 30, 2005, or (iii) US$ 400,000 (Four Hundred Thousand Dollars) if an Exit Transaction occurs after June 30, 2005.
View Source

Examples of Upside Commission in a sentence

  • Upon payment of the Upside Commission in full, this Warrant shall be cancelled and of no further force or effect.