Common use of Corporate Profits Clause in Contracts

Corporate Profits. If the Division the Shareholder is responsible for does not attain projected profits established by the Corporation, then the Corporation shall have the option upon ninety (90) days written notice, to repurchase the shares from the Shareholder. The price per share for the buyout will be established pursuant to the valuations set out in Paragraph 5 of this Agreement.

Corporate Profits. If the Division Divisions the Shareholder is Shareholders are responsible for does do not attain projected profits established by the Corporation, then the Corporation shall have the option upon ninety (90) 90 days written notice, notice to repurchase the shares from the ShareholderShareholder whose division is not making its profit goals. The price per share for the buyout will be established pursuant to the valuations set out in Paragraph 5 of this Agreement.