Research - Make-Good Provisions

Make-good provisions - often referred to as incentive allocations, performance targets, or performance thresholds - are good faith promises and/or targets that a company sets during the initial stages of their reverse merger share exchange process or during subsequent capital raises. Learn more about make-good provisions in our Learning Center message board.

Below you will find all of our exclusive make-good research. And view our growing list of companies with make good provisions.

Sunday, July 3, 2011

Kirin International (KIRI)

In connection with our Offering on March 1, 2011, we entered into a “make good” escrow agreement (the “Make Good Escrow Agreement”) with Prolific Lion Limited, the Company’s principal stockholder (“Prolific”), pursuant to which Prolific pledged 1,000,000 shares of our common stock in favor of the Purchasers to secure the Make Good Obligations. As discussed above under the...

Sunday, May 29, 2011

Flying Eagle Pu Technical (SOOND)

Make good agreemeent pursuant to terms of the recent reverse merger with Chinese Weituo, in the event that Chinese Weituo’s subsidiary Shishi Feiying Plastic Co., Ltd.’s (“SFP”) net income is less than $5.5 million as determined in accordance with generally accepted accounting principles of the United States and set forth in SFP’s audited financial statements for the year ended December 31, 2010, then...

Saturday, May 14, 2011

Zhongchai Machinery (EQPI)

In connection with the March 9 2007 private placement, eight of the former shareholders of Usunco pledged a total of 10,140,846 shares of EQPI common stock to secure the following 2007 and 2008 make good targets: The 2007 make good targets require EQPI to achieve after tax net income reported in its annual report on form 10-KSB for the fiscal year ending June 30, 2007 equal to or greater than $2.32 million and earnings before income tax provision and before minority interest...

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