Earnout Agreement Sample Clauses
An Earnout Agreement is a contractual provision that ties a portion of the purchase price in a business acquisition to the future performance of the acquired company. Typically, the seller may receive additional payments if the business meets certain financial targets, such as revenue or profit milestones, within a specified period after the sale. This clause helps bridge valuation gaps between buyers and sellers by aligning incentives and sharing the risk of future business performance.
POPULAR SAMPLE Copied 1 times
Earnout Agreement. The issuance of any Earnout Shares shall be contingent upon Mercer Park and XXXX or XXXX Shares Designee, as the case may be, entering into the Lockup Agreement and the Earnout Agreement (the latter being in the form of the agreement attached hereto as Exhibit D). The Parties may elect to execute the Earnout Agreement prior to the Closing provided that the Lockup Agreement is finalized and executed prior to the Closing and, in any event, the effectiveness of both the Lockup Agreement and the Earnout Agreement shall be contingent upon the occurrence of the Closing.
Earnout Agreement. The Seller and TPN shall have entered into the Earnout Agreement in the form attached as Exhibit A and such agreement shall be in full force and effect.
Earnout Agreement. At the Closing, Holdings, Purchaser and each of the other parties thereto shall enter into an earnout agreement in the form of Exhibit B attached hereto (the “Earnout Agreement”).
Earnout Agreement. At the Closing, Buyer will have executed and delivered to the Sellers the Earnout Agreement.
Earnout Agreement. Seller must have executed and delivered to Purchaser the Earnout Agreement in the form attached hereto as Exhibit C.
Earnout Agreement. The Corporation shall have delivered a counterpart executed copy of the Earnout Agreement.
Earnout Agreement. 35 environment ...............................................................................................10
Earnout Agreement. The Buyer shall have executed and delivered to the Sellers the Earnout Agreement, in substantially the form as set forth in Exhibit 3.3.
Earnout Agreement. At or prior to the Effective Time, Parent, the Airhub Members and the CTLLC Members will enter into agreements which will provide for certain contingent earnout payments. Such earnout payments, payable by the Parent to each Airhub and CTLLC Member on a pro rata basis, are described in an "Earnout Agreement", the form of which is attached as Exhibit 7.5 hereto.