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As part of its acquisition of Broadvision Inc., Aircastle Corporation enters into the following agreements: 1. After four years, Aircastle will pay the former shareholders
As part of its acquisition of Broadvision Inc., Aircastle Corporation enters into the following agreements:
1. After four years, Aircastle will pay the former shareholders of Broadvision an amount equal to 25% of the amount by which Broadvisions total EBITDA over the four years exceeds $100 million. This payment will be made in cash. Aircastle has the following expectations regarding Broadvisions total EBITDA over the next four years:
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