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Firm NameR.W. Baird
Deal Range135% - 195%
Upfront Payment50% to 100%
Year 1 Hurdle70% of assets and revenue
Year 1 Payout Bonus25% of production
Year 2 Hurdle90% of revenue
Year 2 Payout Bonus25% of production
Year 3 Hurdle105% of revenue
Year 3 Payout Bonus25% of production
Year 4 Hurdle125% of revenue
Year 4 Payout Bonus20% of production
Year 5 Hurdle
Year 5 Payout Bonus