Earn Out Ratio

Example Definitions of "Earn Out Ratio"
Earn Out Ratio. Shall mean, for any Earn Out Period, the quotient of (a) the Net Contribution Amount for such Earn Out Period divided by (b) the Earn Out Target for such Earn Out Period. The Earn Out Ratio shall be calculated to six decimal places and shall be subject to standard rounding provisions.
Found in InfoLogix Inc contract
Earn Out Ratio. Shall mean, for the applicable Earn Out Period, the quotient of (a) the Gross Revenue for such Earn Out Period divided by (b) $4,500,000. The Earn Out Ratio shall be calculated to two decimal places and shall be rounded down to the nearest hundredth.
Found in InfoLogix Inc contract
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