Examples of Annual Measurement Period in a sentence
As used herein the term "Annual Measurement Period" shall mean each period commencing on December 31 of a calendar year and ending on December 30 of the immediately subsequent calendar year.
Such terminated Key Shareholder (or his or her estate or beneficiary) will not be entitled to receive any Contingent Earn-Out Consideration which is earned or accrues after the end of the Annual Measurement Period in which the Date of Termination occurred, whether paid in cash or stock.
Intek will pay to the Shareholders the Contingent Earn-Out Consideration, if Acorn meets certain percentages of certain Minimum EBITDA Targets as set forth in this Section 2.2 on the first, second and third anniversary dates of the last day of the month in which the Closing Date occurs ("Year 1," "Year 2" and "Year 3," respectively, and each may be referred to as an "Annual Measurement Period").
Neither the Bidder nor the Tender Agent shall be required (nor are they expected) to make further inquiries into the authenticity of the signature.
The Committee shall establish the Organic Revenue Growth Performance Goal (including a schedule setting forth the threshold, target and maximum performance levels and corresponding goal achievement percentages (each, a “Performance Payout Matrix”)) for each Annual Measurement Period during the Performance Period.