Incremental Earnout Revenue definition

Incremental Earnout Revenue shall be the greater of (A) four (4) times the sum of the Seller’s Products Incremental Revenue, the Seller’s Product Features Incremental Revenue and the Integrated Products Incremental Revenue recognized in accordance with GAAP during the six (6) months ending September 30, 2004 and (B) eight (8) times the sum of the Seller’s Products Incremental Revenue, the Seller’s Product Features Incremental Revenue and the Integrated Products Incremental Revenue recognized in accordance with GAAP during the three (3) months ending September 30, 2004.
Incremental Earnout Revenue shall have the meaning set forth in Section 2.10(a) of this Agreement.

Examples of Incremental Earnout Revenue in a sentence

  • The Seller’s Products Earnout Payment shall be equal to four (4) times the Seller’s Products Incremental Earnout Revenue.

  • Not later than sixty (60) calendar days following September 30, 2004, Buyer shall deliver to the Seller a statement showing the computation of the Incremental Earnout Revenue and the Adjusted Earnout Amount (the “Earnout Statement”).

  • The Jointly Developed Products Earnout Payment shall be equal to two (2) times the Jointly Developed Products Incremental Earnout Revenue.