Purchase Price

Clause

Clause Information


Purchase Price. ARTICLE 2 PURCHASE PRICE The aggregate purchase price (the " Purchase Price ") payable by the Purchaser to the Vendor for the Purchased Shares, the Related Interests and the IAMGOLD Debt shall be, without duplication: (a) $360,000,000.00 (the " Base Purchase Price "); (b) plus the amount of the Net Closing Cash (which shall, for the avoidance of doubt, result in a reduction to the Purchase Price if the Net Closing Cash is a negative number); (c) plus 95% of the Closing Working Capital Adjustment Amount (which shall, for the avoidance of doubt, result in a reduction to the Purchase Price if the Closing Working Capital Adjustment Amount is a negative number).

Clause Category:Purchase Price

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