Examples of Earnout Notice in a sentence
If the Seller does not deliver a Dispute Notice during the Earnout Review Period, the Purchaser shall, within thirty (30) days after the end of each Earnout Period, pay the Seller the Earnout Gross Up Amount indicated in the Earnout Notice.
Seller and Purchaser will use reasonable efforts to resolve any disagreements as to the calculations included in the Earnout Notice but if they do not agree to a final resolution with respect to any disagreement within thirty (30) days after Purchaser has received the Earnout Objection Notice, Seller, Parent and Purchaser will jointly retain an Independent Accounting Firm to resolve any remaining disagreements.
If Seller does not deliver an Earnout Objection Notice within such 30-day period, then the Earnout Notice shall be deemed to be accepted by Seller and the respective Earnout Payment shall be paid by Purchaser to Seller within ten (10) Business Days of the end of the 30-day period.
Except as provided in Section 1.8(c)(ii) of the Purchase Agreement, this Warrant may not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of until after receipt by the Holder of the Earnout Notice.
The Independent Accounting Firm will consider only those items and amounts in the Earnout Notice which Parent, Purchaser and Seller are unable to resolve.