I rounded up over 3 years based on all 30 signups based on the minimum annual revenue for each subscription as per the investor presentation. You could argue it will be less as not all 30 will signup within the first year, however, you could also argue they will. Because the bonus targets are set for ATKAY to signup 30 by September and the end of contract being December 2021, I assumed September 2018 - December 2021 for the 3 years.
$50,000 per annum x 30 companies = $1,500,000 x 3 years = $4,500,000.
4$,500,000 / 2 = $2,250,000
$5,000,000 + $2,250,000 = $7,250,000 to SYT.
The larger calculation was based on the maximum if signups are solely larger companies of 5,000 employees or more.
This would also explain why they need to sign up 12 month subscriptions unless approved otherwise.
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