Average Monthly Revenue
means: (i) in the case of Champion, 60% of one-twelfth of the total revenues collected from Champion over the twelve month period ending August 31, 1998, but not more than $17,000, and (ii) in the case of Schlauger, 40% of one-twelfth of the total revenues collected from Schlauger over the twelve month period ending August 31, 1998, but not more than $24,000. If three times the Average Monthly Revenue exceeds $50,000, then Firstel, Inc. shall pay the difference in cash to RAFT on demand. The parties confirm that, except as provided in the previous sentence, neither Firstel, Inc. nor Parent is required to pay cash to RAFT in lieu of the shares deliverable pursuant to this Agreement; except that Firstel, Inc. may be required to pay cash pursuant to the Asset Purchase Agreement if the Closing does not occur.
