Two-Year Cumulative Computation. For the two-year period ending July 31, 2007 (the “Two-Year Period”), subject to Section 2.5.6, the Contingent Purchase Price for the Two-Year Period shall be computed as follows under this Computation Method: i. if the EBIT CAGR for the Two-Year Period, as measured against the Baseline EBIT (the “Two-Year CAGR”), is less than 4.5%, the Contingent Purchase Price due to Seller for the Two-Year period shall be zero ($0). ii. if the Two-Year CAGR, as measured against the Baseline EBIT, is at least 4.5% and up to 9%, Seller will be entitled to a cumulative Contingent Purchase Price for the Two-Year Period ranging from $977,778 to $2,444,443 (inclusive of the Contingent Purchase Price, if any, paid to Seller for the First Target Year), determined in accordance with Schedule 2.5. iii. if the Two-Year CAGR, as measured against the Baseline EBIT, is equal to or greater than 9%, Seller will be entitled to a cumulative Contingent Purchase Price for the Two-Year Period of $2,444,444 (inclusive of the Contingent Purchase Price, if any, paid to Seller for the First Target Year).
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Samples: Stock Purchase Agreement (Cantel Medical Corp), Stock Purchase Agreement (Cantel Medical Corp)
Two-Year Cumulative Computation. For the two-year period ending July 31, 2007 (the “Two-Year Period”), subject to Section 2.5.6, the Contingent Purchase Price for the Two-Year Period shall be computed as follows under this Computation Method:
i. if the EBIT CAGR for the Two-Year Period, as measured against the Baseline EBIT (the “Two-Year CAGR”), is less than 4.5%, the Contingent Purchase Price due to Seller for the Two-Year period shall be zero ($0).
ii. if the Two-Year CAGR, as measured against the Baseline EBIT, is at least 4.5% and up to 9%, Seller will be entitled to a cumulative Contingent Purchase Price for the Two-Year Period ranging from $977,778 743,387 to $2,444,443 1,858,468 (inclusive of the Contingent Purchase Price, if any, paid to Seller for the First Target Year), determined in accordance with Schedule 2.5.
iii. if the Two-Year CAGR, as measured against the Baseline EBIT, is equal to or greater than 9%, Seller will be entitled to a cumulative Contingent Purchase Price for the Two-Year Period of $2,444,444 1,858,469 (inclusive of the Contingent Purchase Price, if any, paid to Seller for the First Target Year).
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Two-Year Cumulative Computation. For the two-year period ending July 31, 2007 (the “Two-Year Period”), subject to Section 2.5.6, the Contingent Purchase Price for the Two-Year Period shall be computed as follows under this Computation Method:
i. if the EBIT CAGR for the Two-Year Period, as measured against the Baseline EBIT (the “Two-Year CAGR”), is less than 4.5%, the Contingent Purchase Price due to Seller for the Two-Year period shall be zero ($0).
ii. if the Two-Year CAGR, as measured against the Baseline EBIT, is at least 4.5% and up to 9%, Seller will be entitled to a cumulative Contingent Purchase Price for the Two-Year Period ranging from $977,778 234,390 to $2,444,443 585,975 (inclusive of the Contingent Purchase Price, if any, paid to Seller for the First Target Year), determined in accordance with Schedule 2.5.
iii. if the Two-Year CAGR, as measured against the Baseline EBIT, is equal to or greater than 9%, Seller will be entitled to a cumulative Contingent Purchase Price for the Two-Year Period of $2,444,444 585,976 (inclusive of the Contingent Purchase Price, if any, paid to Seller for the First Target Year).
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