Buyer's EBITDA
Buyer's EBITDA. The dollar amount equal to the sum of the Buyer's earnings before interest, taxes, depreciation and amortization for the appropriate Earnout Period based on the Financial Statements, provided, however, that it (i) shall include the services revenue and associated direct expenses of the Buyer's employees working on behalf of other Parent business units, (ii) shall exclude the services revenue and associated direct expenses of other Parent business unit employees doing work on behalf of the Buyer...
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Found in
EDGEWATER TECHNOLOGY INC contract