Examples of Earnout Agreement in a sentence
Pursuant to the terms of the Earnout Agreement, and as agreed among the parties thereto, a transfer of private placement warrants held by the Founders ("Private Placement Warrants") was triggered on August 15, 2018 by the acquisition of Modular Space Holdings, Inc.
The vesting of the Earnout Shares occurred automatically as of the close of the trading on June 21, 2021 in accordance with the terms of the Earnout Agreement.
Pursuant to the terms of the Earnout Agreement, the Private Placement Warrants are not transferable or exercisable for 12 months following the closing of the Business Combination, or November 29, 2018.
According to data provided by the SBRA, the total number of registered associations at the end of 2020 was 34,664 and the number of foundations and endowments was 949.
The Earnout Amount, if any, shall be payable in accordance with, and subject to the terms and conditions of, the Earnout Agreement.