Compensation Basis Sample Clauses

Compensation Basis. 8.1.1. The CM shall receive compensation for its services in accordance with Paragraph 8.2
Sample 1Sample 2
AutoNDA by SimpleDocs
Compensation Basis a. Medical payments The Insurer will reimburse an eligible “employee” for “medical payments” incurred as the direct result of covered “bodily injury” that are reported to the Insurer within 365 consecutive days of the accident that caused such “bodily injury”.
Sample 1Sample 2
Compensation Basis. As compensation for Consultant’s services, all director stock options previously granted to Consultant during the term of his service on Hoku’s Board of Directors, which remained outstanding as of Consultant’s last day of service on Hoku’s Board of Directors (“Consultant’s Stock Options”), shall continue to vest in accordance with their terms as long as Consultant continues to provide services to Hoku pursuant to this Agreement. Consultant shall receive no cash or other compensation from Hoku for Consultant’s services; provided, however that Hoku shall reimburse Consultant for all pre-approved out-of -pocket expenses incurred by Consultant in performing the Services.
Sample 1
Compensation Basis. 4.1 The energy supplied during a period of Emergency Assistance shall be returned to the Supplier at the rate of 1.2 KWH for each KWH supplied during the Emergency. The conditions in which the energy supplied shall be returned shall be agreed upon by the system operators of both Parties, considering the following:
Sample 1
Compensation Basis. The Supplier shall xxxx and the Receiver shall pay for the agreed upon amounts of Short-Term Firm Capacity and for the Associated Energy received, based on the following charges:
Sample 1
Compensation Basis. 4.1 At the end of each month during the term of this Interchange Service C, a Party supplying Economy Energy during that month shall xxxx the Receiver, and the Receiver shall have the option to pay for such Economy Energy provided hereunder in USA dollars or by the return of energy in accordance with this Section 4. Payments shall be made in accordance with the provisions of Section 9.2 of the Interchange Agreement.
Sample 1
Compensation Basis. As compensation for Consultant’s services, Consultant will receive the following: (A) during each of the first six months of Consultant’s continuous service under this Agreement, a monthly retainer equal to $40,000 + Hawaii GET; (B) during each of the seventh through twelfth month of Consultant’s continuous services under this Agreement, a monthly retainer equal to $10,000 + Hawaii GET; and (C) all restricted stock awards previously granted to Consultant during the term of his continuous service as an employee of Hoku, which remained outstanding as of March 31, 2010 (“Consultant’s Stock Awards”), shall continue to vest in accordance with their terms as long as Consultant continues to provide services to Hoku pursuant to this Agreement. All monthly retainers shall be due and payable on the first business day of each calendar month. In addition, Hoku shall reimburse Consultant for up to $2,000 per month in out-of -pocket travel and other expenses incurred by Consultant in performing the Services. Any amount in excess of $2,000 shall require the preapproval of the CEO. Airline tickets, as required, shall be approved by the CEO, and purchased directly by Hoku. Hoku Initials /s/SP 3/1/2010 Consultant Initials /s/DS 3/1/2010
Sample 1
AutoNDA by SimpleDocs

Related to Compensation Basis

  • Basic Compensation (a) SALARY. Executive will be paid an annual base salary of $115,000.00, subject to adjustment as provided below (the "Salary"), which will be payable in equal periodic installments according to Employer's customary payroll practices, but no less frequently than monthly. The Salary will be reviewed by the Board of Directors not less frequently than annually, and shall be increased on each anniversary of the Effective Date during the term hereof by an amount equal to not less than ten percent (10%) of the prior year's base salary.

  • Compensation Payable If the Servicer shall resign or be terminated, the Servicer shall continue to be entitled to all accrued and unpaid compensation payable to the Servicer through the date of such termination as specified in Section 4.09 of this Agreement.

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • Base Compensation a. The Company and the Bank agree to pay Executive during the term of this Agreement a base salary at the rate of $ per year, payable in accordance with customary payroll practices.

  • Cash Compensation The Company shall pay to the Executive compensation for his services during the Contract Period as follows:

  • Compensation Benefits Expenses (a) Compensation In consideration of the services to be rendered hereunder, including, without limitation, services to any Affiliated Company, Consultant shall be paid a fee of 1,000,000 shares, pursuant to the procedures regularly established, and as they may be amended, by the Company during the course of this Agreement.

  • Bonus Compensation The Executive shall not receive any bonus payment whatsoever pursuant to Section 3.02 or the Bonus Plan except such bonus which is already earned and due to be paid up to and including the Termination Date, notwithstanding any period following the Termination Date during which the Executive may receive any payments or benefits under the terms of the Agreement.

  • Variable Compensation In addition to any interim award that the Company owes to the Executive under the Variable Compensation Plan (or any similar provisions in a successor to the Variable Compensation Plan), the Executive shall be paid a lump sum cash amount equal to 2.0 times the target annual award under the Variable Compensation Plan for the Executive’s job for the calendar year during which the Change in Control occurs. In order to be entitled to a payment pursuant to this Section 4(b), the Executive must have been a participant in the Company’s Variable Compensation Plan at some time during the calendar year in which the Change in Control occurred or the calendar year immediately preceding the calendar year in which the Change in Control occurred.

  • Management Fees and Compensation No Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to, pay any management, consulting or similar fees to any Affiliate of any Credit Party or to any officer, director or employee of any Credit Party or any Affiliate of any Credit Party except:

Time is Money Join Law Insider Premium to draft better contracts faster.