Type of Compensation Sample Clauses

Type of Compensation. Hourly Wage Weekly Salary Yearly Salary Commission Yearly Salary Plus Commission According to Employer's Policy
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Type of Compensation. Benefit Stock Options -------------------------------------------------------------------------- Normal Expiration Date of Options not vested within one year after end Agreement or Renewal Period of Employment Period lapse/are cancelled; options vested as of such date must be exercised within three years, unless employ- ment continued to May 16, 2001, in which event vested options exercisable for balance of 10-year term; vested but unexercised options remain subject to non- compete and non-disclosure provisions prior to exercise date. By Executive for Options not vested within one year after end "Good Reason" of Employment Period lapse/are cancelled; options scheduled to vest on or prior to that time will vest as scheduled and must be exercised within three years from that date; vested but unexercised options remain subject to non-compete and non-disclosure provisions prior to exercise date. By Employer for "Cause" Unexercised options as of termination date lapse (whether or not vested). Death or Disability (as Vested but unexercised options as of date of defined in Agreement) death/disability remain exercisable for three years from date of death or disability; options not vested are cancelled.
Sample 1
Type of Compensation. Other Employee Benefits Benefit (including Health Insurance) --------------------------------------------------------------------------- Normal Expiration Date of Continue through end of Employment Period, Agreement or Renewal Period subject to legal and contractual rights in plans to convert or extend coverages. By Executive for Continue through end of Employment Period, "Good Reason" subject to legal and contractual rights in plans to convert or extend coverages. By Employer for "Cause" Continue through date of early termination, subject to legal and contractual rights in plans to convert or extend coverages. Death or Disability (as Continue through end of month in which death defined in Agreement) or disability occurs, subject to legal and contractual rights to convert or extend coverages. March 25, 1995 Haxxx X. Xxxxxxxxxxx Xresident & Chief Executive Officer McXxxxxxx Xxxxxxx Xorporation P.X. Xxx 000 Xx. Xxxxx, Xxxxxxxx 00000 Dear Haxxx: Pursuant to Section 3(b)(i) of the Employment Agreement entered into as of September 24, 1995 by and between you and McXxxxxxx Xxxxxxx Xorporation (the "Company"), you have received 180,000 shares of restricted shares of MDC stock, 42,000 of which will vest on March 31 of 1995, 1996 and 1997, and 54,000 of which will vest on March 31, 2002 (collectively the Service Based Restricted Shares). Effective immediately, the Service Based Restricted Shares will be converted to an equal number of MDC stock equivalents which will vest or be forfeited on the same terms as provided in the Employment Agreement, including Exhibit A thereto, for the Service Based Restricted Shares. This letter sets forth the terms of the conversion and other necessary modifications of the Employment Agreement. Unless specifically defined in this letter, capitalized terms in this letter shall have the same meaning ascribed to such terms in the Employment Agreement. Dividend equivalent payments on stock equivalents will be reinvested on MDC dividend payment dates into additional stock equivalents based on the closing price of MDC common stock on such dividend payment date. The stock equivalents will not have voting rights. The stock equivalents will be paid in cash only on the later of (i) vesting or (ii) your death, Disability or termination of employment, subject to the termination provisions of the Employment Agreement (such later date referred to hereinafter as the "Payment Date" and the Payment Date may not be the same for all stock equivalents)....
Sample 1
Type of Compensation. Please describe (i) amounts and/or percentages and (ii) cadence (i.e., per month, per Split, etc.) Guaranteed or not guaranteed? Base Compensation ◻ None ◻ Y / ◻ N Sponsorship Money: ◻ None ◻ Y / ◻ N Streaming Revenue ◻ None ◻ Y / ◻ N Prize Money ◻ None ◻ Y / ◻ N Other: ◻ None ◻ Y / ◻ N If any of the compensation above is listed as NOT guaranteed, please explain under what circumstances such compensation is paid out: Agent Information Is the Team Member represented by an agent? ◻ Y / ◻ N If the answer is “No”, leave the rest of this table blank Name of the agent Agent’s compensation (will be kept confidential by the League) Law applicable to the agency agreement Is the agent contractually bound to comply with the applicable law? ◻ Y / ◻ N Any other significant contract terms (optional): Instructions: Please sign the form in the space provided below to acknowledge the foregoing and send a PDF of it by email to Xxxxx Xxxxx ( xxxxxx@xxxxxxxxx.xxx ) and Xxxx Xxxxxxxxx (xxxxxxxxxx@xxxxxxxxx.xxx). The team owner must submit the Summary Sheet to the League for acceptance before the Team Member can participate in tournament events. The undersigned Team Member and Team Manager each represents and warrants to the League that they have read this Summary Sheet and that it accurately reflects the terms and conditions of their binding Team Member services agreement.
Sample 1
Type of Compensation 
Sample 1

Related to Type of Compensation

  • Payment of Compensation Consultant shall submit to City a monthly itemized statement which indicates work completed and hours of Services rendered by Consultant. The statement shall describe the amount of Services and supplies provided since the initial commencement date, or since the start of the subsequent billing periods, as appropriate, through the date of the statement. City shall, within 30 days of receiving such statement, review the statement and pay all approved charges thereon.

  • 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.

  • Fixed Compensation Each of the Co-Managers will receive certain additional fixed compensation pursuant to separate agreements with Masterworks, which is not tied specifically to this Offering or to any other specific offering, but a portion of which is deemed to be underwriting compensation for this Offering. Such additional fixed compensation relates to (i) a monthly retainer for administrative support services and (ii) fixed compensation payments to representatives of Arete. $8,224 is a reasonable estimate of costs and expenses referenced in clauses (i) and (ii) above that are appropriately allocated to this Offering.

  • Breakage Compensation In the event of (a) the payment of any principal of any Eurodollar Loan other than on the last day of an Interest Period applicable thereto (including as a result of an Event of Default), (b) the conversion of any Eurodollar Loan other than on the last day of the Interest Period applicable thereto, (c) the failure to borrow, convert, continue or prepay any Loan on the date specified in any notice delivered pursuant hereto (regardless of whether such notice may be revoked under Section 2.15 and is revoked in accordance therewith) or (d) the assignment of any Eurodollar Loan other than on the last day of the Interest Period applicable thereto as a result of a request by the Borrower pursuant to Section 3.03 or Section 11.12, then, in any such event, the Borrower shall, after receipt of a written request by any Lender affected by any such event (which request shall set forth in reasonable detail the basis for requesting such amount), compensate each Lender for the loss, cost and expense (excluding loss of profit) actually incurred by it as a result of such event. For purposes of calculating amounts payable by the Borrower to the Lenders under this Section 3.04, each Lender shall be deemed to have funded each Eurodollar Loan made by it at the Adjusted Eurodollar Rate for such Loan by a matching deposit or other borrowing in the applicable interbank eurodollar market for a comparable amount and for a comparable period, whether or not such Eurodollar Loan was in fact so funded. A certificate of any Lender setting forth in reasonable detail any amount or amounts that such Lender is entitled to receive pursuant to this Section 3.04 and the reasons therefor delivered to the Borrower shall be prima facie evidence of such amounts. The Borrower shall pay such Lender the amount shown as due on any such certificate within 15 days after receipt of such demand. Notwithstanding the foregoing, this Section 3.04 will not apply to losses, costs or expenses resulting from Taxes, as to which Section 3.02 shall govern. Notwithstanding the foregoing, no Lender shall demand compensation pursuant to this Section 3.04 if it shall not at the time be the general policy or practice of such Lender to demand such compensation in similar circumstances under comparable provisions of other credit agreements.

  • 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.

  • Annual Compensation The Executive’s “Annual Compensation” for purposes of determining severance payable under this Agreement shall be deemed to mean the sum of (i) the annual rate of Base Salary as of the Date of Termination, and (ii) the cash bonus, if any, earned by the Executive for the calendar year immediately preceding the year in which the Date of Termination occurs.

  • Annual Bonus Compensation In addition to your Salary, during the Employment Term you shall be eligible to earn an annual bonus for each whole or partial calendar year during the Employment Term, determined and payable as follows (the “Bonus”):

  • Amount of Compensation City shall pay Contractor for performance of all Services rendered in accordance with this Contract in an amount not to exceed $2,000,000.

  • Salary Compensation As salary compensation for Employee's services hereunder and all the rights granted hereunder by Employee to the Company, the Company shall pay Employee a gross salary of not less than $175,000 during the term of this Agreement. Employee's salary shall be payable in bi-weekly increments in accordance with the Company's payroll practices for salaried employees, upon the condition that Employee fully and faithfully performs Employee's services hereunder in accordance with the terms and conditions of this Agreement. The Company shall deduct and withhold from the compensation payable to Employee hereunder any and all amounts required to be deducted or withheld by the Company under the provisions of any statute, regulation, ordinance, or order and any and all amendments hereinafter enacted requiring the withholding or deducting from compensation payable to employees.

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