4. PAYMENT BY OF CONSIDERATION BY McLEOD The cash consideration from McLeod for this Agreement is estimated to be $4,000,000.00, which is based upon estimated net cash revenue of $3,700,000.00 from the first six directories listed on Exhibit "A", plus...Sale and Purchase Agreement • March 12th, 1997 • Fronteer Financial Holdings LTD • Security brokers, dealers & flotation companies • Iowa
