Common use of Amount of Second Transaction Success Fee Clause in Contracts

Amount of Second Transaction Success Fee. In the event that the total purchase price paid by the Purchaser (the “Total Purchase Price”) exceeds the Low Valuation (the “Surplus”), the Consultant will be eligible to receive a payment equal to the percentage of the Surplus relative to the Valuation Spread, up to a maximum of 100% (the “Second Transaction Success Fee Percentage”) multiplied by $600,000.00 (such amount, the “Second Transaction Success Fee”). In the event that the Total Purchase Price is equal to or less than the Low Valuation, the Consultant will not be eligible to receive a Second Transaction Success Fee. In no event will the Consultant be eligible for a Second Transaction Success Fee greater than $600,000.00. The formula for the Second Transaction Success Fee can be depicted as follows: Second Transaction Success Fee = $600,000 X ((Total Purchase Price – Low Valuation) divided by (High Valuation – Low Valuation)) Or Second Transaction Success Fee = $600,000 X (Surplus divided by Valuation Spread)

Amount of Second Transaction Success Fee. In the event that the total purchase price paid by the Purchaser (the “Total Purchase Price”) exceeds the Low Valuation (the “Surplus”), the Consultant will be eligible to receive a payment equal to the percentage of the Surplus relative to the Valuation Spread, up to a maximum of 100% (the “Second Transaction Success Fee Percentage”) multiplied by $600,000.00 300,000.00 (such amount, the “Second Transaction Success Fee”). In the event that the Total Purchase Price is equal to or less than the Low Valuation, the Consultant will not be eligible to receive a Second Transaction Success Fee. In no event will the Consultant be eligible for a Second Transaction Success Fee greater than $600,000.00300,000.00. The formula for the Second Transaction Success Fee can be depicted as follows: Second Transaction Success Fee = $600,000 300,000 X ((Total Purchase Price – Low Valuation) divided by (High Valuation – Low Valuation)) Or Second Transaction Success Fee = $600,000 300,000 X (Surplus divided by Valuation Spread)