Firm Name | Merrill Lynch |
Deal Range | 280% to 315% |
Upfront Payment | 125% to 160% : Transfer 65% of assets within six months to receive 25% bonus |
Year 1 Hurdle | 75% of assets and revenue |
Year 1 Payout Bonus | 50% of production (from same year) |
Year 2 Hurdle | 95% of assets and revenue |
Year 2 Payout Bonus | 40% of production (from same year) |
Year 3 Hurdle | 115% of assets and revenue |
Year 3 Payout Bonus | 30% of production (from same year) |
Year 4 Hurdle | 125% of assets and revenue |
Year 4 Payout Bonus | 25% of production (from same year) |
Year 5 Hurdle | 150% of assets and revenue |
Year 5 Payout Bonus | 25% of production (from same year) |