A supermajority provision is a contract provision that states that, for certain business actions, a super majority vote is needed. This differs from a simple majority.
An earnout is a financing arrangement for the purchase of a business in which the seller finances a portion of the purchase price, and payment of this amount is contingent on achieving a predetermined level of future earnings. An earnout is often used to bridge a valuation gap. The seller only gets paid if the predetermined level of future EBITDA or other financial targets are achieved.
Read More »
Get our best content delivered straight to your inbox:
Terms for Selling Your Business:
Home | Advertising Info | Write for Us | About | Contact Us
Partner Sites :