Re: Earn out. 1. My understanding is the earn out was discussed upfront, so not a reason to back out of a LOI. 2. I've been through an acquisition (different

Re: Earn out. 1. My understanding is the earn out was discussed upfront, so not a reason to back out of a LOI. 2. I've been through an acquisition (different circumstances). IMO 1 year is critical to a good transition and honestly, weird but fun. Year 2 the main integration stuff is done, and you should be out, so things start to get akward. Year 3 you probably shouldn't be involved, you want the business to be sustainable on its own. Situations vary, but I think all parties would be better off with a "1 year full time then 1 hour/week for another 2 years." 1 hour/week should be easy to give, even if you take another gig, and is enough time to help continuity.