Shareholders of the transaction will be eligible to receive up to a total of 3.0 million contingent shares of the combined company, consisting of 1.0 million shares each year, in 2009, 2010, and 2011 if the combined company generates the following Net Income Targets:
2009: $45.0 million
2010: $60.0 million
2011: $80.0 million
Steel Products