Forfeited Amounts Sample Clauses
Forfeited Amounts. All Earnout Consideration that is not earned by the Stockholders pursuant to this ARTICLE VIII will be forfeited and retained permanently by Parent.
Forfeited Amounts. Any Additional Consideration that is not earned by the Sellers pursuant to this Section 2.5 will be cancelled and deemed forfeited and retained permanently by the Buyer.
Forfeited Amounts. All Earnout Amounts that are not earned pursuant to these Earnout Provisions by reason of the Earnout Coefficient being zero in any Earnout Period will be forfeited and retained permanently by Parent. For the avoidance of doubt, any Earnout Amounts that have been earned but are forfeited by an Earnout Employee due to such Earnout Employee’s failure to satisfy the Earnout Employee Condition will not be retained by Parent even if there are no remaining Eligible Earnout Employees as of the close of business on the last Business Day of the applicable Earnout Period, in which case, amounts forfeited by Eligible Earnout Employees as provided in Section 1.2(c) of these Earnout Provisions will first be reallocated among the remaining Eligible Earnout Employees and, in the absence of any remaining Eligible Earnout Employees, will be reallocated to the other Holders.
Forfeited Amounts. The right to receive all Earnout Amounts that are not earned by the Stockholders pursuant to this ARTICLE IX will be forfeited and Parent will permanently retain such Earnout Amounts.
Forfeited Amounts. All Earnout Amounts that are not earned by the Shareholders pursuant to this ARTICLE IX will be forfeited and not paid by Parent.
