Successful M60 Launch

Successful M60 Launch. Shall be deemed to have occurred on first date that all of the following conditions shall have been satisfied: (A) the Company shall have obtained 510(k) clearance to sell the M60 in the U.S.; (B) the Company shall be offering the M60 for sale to customers on a national basis in the U.S.; (C) the Company shall have recognized revenues from sales of the M60 during two consecutive fiscal quarters, with such revenues being higher in the second such quarter than the first such quarter, determined... in accordance with GAAP; and (D) the Company shall have recognized a Gross Margin from sales of the M60 during a fiscal 15 quarter that represents [confidential treatment requested pursuant to Rule 406]% of the revenues recognized from sales of the M60 during such quarter, as determined in accordance with GAAP. View More