Common use of Monetary Consideration Clause in Contracts

Monetary Consideration. In addition to the Non-Monetary Benefits set forth above, in consideration of the releases, covenants, and other agreements set forth in this Settlement Agreement, Intuit shall pay Monetary Consideration totaling Forty Million Dollars ($40,000,000) into the Escrow Account as follows: (i) Two Million Dollars ($2,000,000) within fourteen (14) days of entry of the Preliminary Approval Order; and (ii) Thirty-Eight Million Dollars ($38,000,000) within fourteen (14) days of entry by the Court of a final and non- appealable Final Fairness Approval Order and Judgment.