Common Contracts

Earnout Eligible Product Revenue Achieved Earnout Payment Equal to or above $6,000,000 up to $8,000,000 $2,000,000 Equal to or above $8,000,001 up to $9,000,000 $2,500,000 Equal to or above $9,000,001 up to $10,000,000 $3,000,000 Equal to or above...

Asset Purchase Agreement • May 5th, 2020 • Delaware

• Contract Type
  Asset Purchase Agreement
• Filed
  May 5th, 2020
• Jurisdiction
  Delaware

To the extent any applicable Earnout Payment has been overpaid after taking into account Revenue Refunds occurring after the payment of such Earnout Payment, Buyer shall be entitled to adjust subsequent Earnout Payment to account for such overpayment. (c) The applicable Earnout Payment (if any) shall be paid by Buyer to Seller within thirty (30) days after the end of each Quarter and the Last Earnout Period, as the case may be, provided that the final Earnout Payment (if any) shall be paid by Buyer to Seller within the later of (i) thirty (30) days after the end of the Earnout Measurement Period and (ii) ten (10) Business Days following the date on which the Earnout Eligible Product Revenue and any applicable Revenue Refund with respect to the Earnout Measurement Period are finally determined in accordance with Section 2.4(d). If the aggregate amount of Earnout Payments paid to Seller exceeds the amount Seller is entitled to after taking into account all Revenue Refunds for purposes of

ASSET PURCHASE AGREEMENT BY AND AMONG PROTONEX TECHNOLOGY CORPORATION, as Seller, BALLARD POWER SYSTEMS INC., as Seller Parent, REVISION MILITARY SOLDIER POWER, LLC, as Buyer, AND REVISION MILITARY LTD., as Guarantor

Asset Purchase Agreement • September 7th, 2018 • Ballard Power Systems Inc. • Electrical industrial apparatus • Delaware

• Contract Type
  Asset Purchase Agreement
• Filed
  September 7th, 2018
• Company
  Ballard Power Systems Inc.
• Industry
  Electrical industrial apparatus
• Jurisdiction
  Delaware

THIS ASSET PURCHASE AGREEMENT (this “Agreement”), dated as of August 31, 2018, is made by and among PROTONEX TECHNOLOGY CORPORATION, a Delaware corporation (“Seller”), BALLARD POWER SYSTEMS INC., a British Columbia corporation (the “Seller Parent”), REVISION MILITARY SOLDIER POWER, LLC, a Delaware limited liability company (“Buyer”), and, solely for purposes of Section 10.14, Revision Military Ltd. (“Guarantor”).