Base Earnout

Example Definitions of "Base Earnout"
Base Earnout. Means, with respect to each of the twelve-month periods ending on the first, second and third anniversary of the Commencement Date, up to an aggregate of $30 million, the payment of which shall be made in cash based on the formula set forth on Exhibit A hereto.
Found in Kulicke and Soffa Industries, Inc. contract
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