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Firm Name | Wells Fargo |
Deal Range | 255% - 290% |
Upfront Payment | 120% to 150% |
Year 1 Hurdle | 75% of assets |
Year 1 Payout Bonus | 40% of production |
Year 2 Hurdle | 75% of revenue |
Year 2 Payout Bonus | 35% of production |
Year 3 Hurdle | 90% of assets and revenue |
Year 3 Payout Bonus | 35% of production |
Year 4 Hurdle | 110% of assets and revenue |
Year 4 Payout Bonus | 30% of production |
Year 5 Hurdle | 125% of assets and revenue |
Year 5 Payout Bonus | 10% of production |