earnout agreement

earnout agreement. An agreement for the sale of a business whereby the buyer first pays an agreed amount up front, leaving the final purchase price to be determined by the business’s future profits. • The seller usu. helps manage the business for a period after the sale. — Sometimes shortened to earnout.

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词条贡献者

译者崇载，国际名校知识产权法专业，擅长翻译有关人工智能、机器学习和机器人技术领域的法律文件。