Basis for Compensation Sample Clauses

Basis for Compensation. Contractor shall not be entitled to compensation of any kind under this Section 15.7 from Customer, Subscribing Customer, Users or End-Users, and shall look solely to the respective Qualified Limited User Data Recipients for any and all compensation for the provision of the Intermodal Ported TN ID Service (referred to as the “Intermodal Charges”). Customer and Contractor agree and acknowledge that the Intermodal Ported TN ID Service is not necessary for the provision of number portability. Contractor agrees to compute and to allocate the compensation for the provision of Intermodal Ported TN ID Service in a fair and non-discriminatory manner consistent with the rules, regulations, orders, opinions and decisions of the Federal Communications Commission and other regulatory body having jurisdiction or delegated authority with respect to the NPAC/SMS or this Agreement.
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Basis for Compensation. For the performance of the professional services of this Agreement, Consultant shall be compensated on a time and expense basis not to exceed a guaranteed maximum dollar amount of $--- ----. Labor charges shall be based upon hourly billing rates for the various classifications of personnel employed by Consultant to perform the Scope of Work as set forth in the attached Attachment B, which shall include all indirect costs and expenses of every kind or nature, except direct expenses. The direct expenses and the fees to be charged for same shall be as set forth in Attachment B. Consultant shall complete the Scope of Work for the not-to-exceed guaranteed maximum, even if actual time and expenses exceed that amount.
Basis for Compensation. Subject to the terms of a Work Authorization and/or Letter Agreement issued pursuant to Section 14 below, the Authority agrees to pay, and the GEC agrees to accept as full and sufficient compensation and reimbursement for the performance of all services as set forth in this Agreement, hourly rates for the staff working on the assignment computed as follows: Direct Labor Cost x (1.0 + OH Rate) x Profit where Direct Labor Cost equals salary divided by 2080; OH Rate equals the GEC’s most recent auditable overhead rate under 48 C.F.R. Part 31, Federal Acquisition Regulations (FAR 31); and Profit ranges from 1.08 (8% Profit) to 1.12 (12% Profit). The Profit amount will be negotiated for each Work Authorization and/or Letter Agreement predicated on the complexity of each specific assignment. In general, it is anticipated an 8% Profit would be applied to assignments that are less complex and more administrative in nature, while a Profit amount up to 12% would be applied to those assignments that are complex, specialized, and carry increased levels of risk including project specific assignments for design and oversight. The cap of the Direct Labor Cost for the classifications of employees working for the Authority as of the Effective Date of this Agreement is reflected in Appendix B. Revisions to the Direct Labor Cost cap for employee classifications and the auditable overhead rate may be proposed no more frequently than once per calendar year, subject to the approval of the Executive Director or his/her designee. Annual revisions to Direct Labor Costs of employees working predominately on Authority projects shall not exceed 3% unless otherwise approved by the Authority. Revisions in employee classifications for employees working predominately on Authority projects must be approved by the Authority. No adjustment shall be made to the specified negotiated Profit for each Work Authorization and/or Letter Agreement. Adjustments to the direct labor costs, employee classifications and auditable overhead rate may occur in the month selected by the Engineer, however, the first adjustment shall occur no earlier than 12 months after the execution of this Agreement, and future adjustments shall occur no earlier than 12 months after the previous adjustment. All adjustments shall be agreed to by the parties prior to implementation, and the Authority shall have the right to review and/or audit the GEC’s Direct Labor Costs, employee classifications and auditable overhead rates ...
Basis for Compensation. Compensation for Consultant’s Work shall be based on Cost plus Fixed Fee.
Basis for Compensation. A. Premium Compensation will be paid at the percentage shown above upon receipt of initial premium payments for certificates/contracts issued under this Schedule.
Basis for Compensation. 1.1 The lump sum fee for the performance of the Basic Scope of Services described in the Agreement shall be $7,650.00.
Basis for Compensation. 1. As per the terms of the Agreement. The Landscape Architect’s fee for services is based on the size and scope of the Project.
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Basis for Compensation. StorageNetworks and Global Crossing account executives will receive compensation relative to their contributions leading to a sale. The basis for compensation for each account executive will be directly drawn from their respective company's compensation plan.
Basis for Compensation. 1.1 The not-to-exceed fee for the Final Completion of the Basic Scope of Services described in this Agreement shall be $326,663.00.
Basis for Compensation. 4.4.1 Unless otherwise stated in this insurance, the compensation for bodily injury will be settled in accordance with the provisions and rates of the Danish Liability In Dam- ages Act (in Danish: erstatningsansvarsloven).
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