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Earn-Out Agreement

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Earn-Out Agreement
An agreement in which one pays a lump sum to buy a company and states that he/she will pay a further sum if certain, stated conditions are met. An earn-out agreement is a type of contingent contract.


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53 per share excluding the impact of earn-out agreements for select Founding Company shareholders.
Including the $151 million received at closing, post-closing working capital adjustments and anticipated proceeds from the two earn-out agreements, total proceeds from the sale of the chemicals business are expected to exceed the net carrying value of the assets and liabilities sold.
 
 
 
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