Common use of First Year Clause in Contracts

First Year. The total Earn-Out Payment due the Selling Members will be the sum of the amounts (reading left to right) beginning with the left most column located on the horizontal axis, adjacent to the EBITDA margin earned for the First Year, up to and including the intersection with the vertical axis corresponding to the Revenue amount attained by the Company. For avoidance of doubt, no Earn-Out Payment is due to Selling Members if the Company’s EBITDA margin is less than the 20% or Revenue is less than $20.4 million.