WB Fee definition
WB Fee means an amount equal to 4% of the Earn-out Consideration, determined as 4% of the value, based on the Parent Volume Weighted Average Price, of the number of shares of Parent Common Stock deliverable as Earn-Out Consideration before such number of shares is reduced for the payment of the WB Fee as provided in Section 1.10(d).
Examples of WB Fee in a sentence
The cash delivered to the Exchange Agent on account of the WB Fee shall be paid to ▇▇▇▇▇▇▇ ▇▇▇▇▇ & Company, L.L.C. as provided in the Exchange Agent Agreement.