Common use of Earn-Out Clause in Contracts

Earn-Out. (a) Earn-out Criteria. For the period of time commencing on the Closing Date and terminating three years thereafter (the "Earn-Out Measurement Period"), the Stockholders shall be entitled to receive as additional consideration for the Company Shares a number of additional Bridgetech Shares calculated in accordance with Section 1.3(b) hereof (the "Earn-Out Shares") depending on the extent to which the Company meets the following performance criteria:

Appears in 4 contracts

Samples: Stock Purchase Agreement (Bridgetech Holdings International Inc), Stock Purchase Agreement (Bridgetech Holdings International Inc), Stock Purchase Agreement (Bridgetech Holdings International Inc)

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