Common use of Earnout Payment Calculation Clause in Contracts

Earnout Payment Calculation. For each Earnout Year, the Earnout Payment from the applicable UTP shall equal: (A – B) x O Where: A = Actual Revenue received for such Earnout Year B = Base Case Revenue for such Earnout Year O = The applicable Ownership Share If such calculation produces a positive amount, such amount shall be the amount of the Earnout Payment for such Earnout Year. If such calculation produces a negative amount, then no Earnout Payment shall be owing for such Earnout Year for such UTP.

Earnout Payment Calculation. For each Earnout Year, the Earnout Payment from the applicable UTP shall equal: (A – B) x O Where:O A = Actual Revenue received for such Earnout Year B = Base Case Revenue for such Earnout Year O = The applicable Ownership Share If such calculation produces a positive amount, such amount shall be the amount of the Earnout Payment for such Earnout Year. If such calculation produces a negative amount, then no Earnout Payment shall be owing for such Earnout Year for such UTP.