# Earn-Out

Size contingent post-close payments tied to revenue and EBITDA achievement against per-year targets, apply per-year and aggregate caps, then walk back to a buyer all-in deal cost view, a seller nominal + NPV proceeds view, a 5x5 sensitivity grid of total earn-out NPV, and a dashboard with attainment status flags.

- Canonical: https://finamodel.com/templates/earn-out
- Download (.xlsx): https://finamodel.com/templates/earn-out.xlsx
- Category: Capital Markets
- Model type: Deal model
- Difficulty: Intermediate
- Audiences: Investment bankers, Investors & analysts
- Tags: earn-out, m&a, contingent consideration, deal structure, purchase price

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