Actual Second Profit-Sharing Amount Sample Clauses

Actual Second Profit-Sharing Amount. In addition to the Actual Second Earnout Amount, if the Company’s revenues and pre-tax profits in calendar year 2007 exceed the 2007 target revenue and pre-tax profit amounts set forth in the Baseline Budget and, subject to Section 1.3(g) hereof, the Baseline Cap Production Requirement is satisfied for such year, the Stockholders shall be entitled to receive, subject to Section 1.3(c) and Purchaser’s rights of set-off set forth in Section 8.3 hereof, an amount equal to the sum of (I) 40% of the pre-tax profits in excess of pre-tax profit target in the Baseline Budget attributable to sales of Company Developed Products in calendar year 2007, plus (II) 20% of the pre-tax profits in excess of the pre-tax profit target in the Baseline Budget attributable to sales or cost reductions of Jointly Developed Products in calendar year 2007 (such sum, the “Actual Second Profit-Sharing Amount” and together with the Actual Second Earnout Amount, the “Total Second Earnout Amount”).
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Related to Actual Second Profit-Sharing Amount

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