Common use of CNC Clause in Contracts

CNC. The Company will pay to you $624,750.00 as compensation for the performance of your confidentiality, non-competition and other obligations under the CNC Agreement. The CNC payment will be made to you in 12 consecutive, monthly installments of $52,062.50 each beginning on July 31, 2017, and ending on June 30, 2018.

CNC. The Company will pay to you $624,750.00 1,250,000 as compensation for the performance of your confidentiality, non-competition and other obligations under the CNC Agreement. The CNC payment will be made to you in 12 consecutive, monthly installments of $52,062.50 104,166.67 each beginning on July 31, 2017in October 2020, and ending on June 30, 2018in September 2021.