This excerpt taken from the WW 10-Q filed May 10, 2007.
Brans Acquisition. On February 1, 2007, the company acquired substantially all of the assets and assumed most liabilities of Watson Wyatt Brans & Co. (Brans), its long-time alliance partner in the Netherlands. In connection with this acquisition, payment of up to an additional 8.0 million of Class A shares (approximately 220,000 shares) after January 31, 2008 is contingent upon achievement by the acquired business of certain financial performance goals during the twelve month period ending January 31, 2008. The contingent consideration is payable by Watson Wyatt Limited and the payment obligations are guaranteed by Watson Wyatt Worldwide, Inc.