Second Half Amount

Second Half Amount. The product of one million six thousand seven hundred sixty-two (1,006,762) shares multiplied by a fraction, the numerator of which is the sum, up to a maximum of five hundred thousand ($500,000) dollars, of the dollar amount the Company receives from outside investors during the second three month period following the date hereof plus the dollar amount in excess of five hundred thousand ($500,000) dollars raised from outside investors during the first three month period and the... denominator of which is five hundred thousand ($500,000) dollars. View More