Examples of Earn-Outs in a sentence
Our staff and board ensure that your client's gift is used how he or she intended even after they are gone.
In the event any common shares of the Company are issued in connection with the Earn-Outs, the share price will be calculated using the Company’s volume weighted average price of the common shares for the twenty (20) days prior to the calculation date.
The Earn-Outs are payable in cash and/or common stock of AirIQ, in its sole discretion, and any share issuances shall be subject to approval of the TSX Venture Exchange.
The parties then put in submissions to the Resolution Accountants in which both sides raised arguments that were arguably not presented in accordance with the contractual requirements for determining the Earn-Outs.
Thus, as time went on, Viacom became more reticent to pay the Earn-Outs and it took an increasingly assertive position in interacting with Winshall over that issue.