Difference Payment

Difference Payment. In the event that Karamco's aggregate gross proceeds of a sale of the Registered Shares as set forth in this Section 1.2C(iv)(a), in the aggregate, and within 65 days following the effective date of the Registration Statement, does not equal $967,500 (150,000 x the IPO price of $6.45), the Buyer shall pay Karamco the difference between the aggregate gross proceeds of Karamco's sale of the Registered Shares and $967,5000 (the "Difference ... Payment"). View More